FIVE FINANCIAL SOLUTIONS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
FIVE FINANCIAL SOLUTIONS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€14,973
2024 · €4,164+€10,809
Equity
€1.4m
2024 · €1.3m+€14,973
Cash
€14,625
2024 · €28,473-€13,848
Balance sheet total
€1.5m
2024 · €1.6m-€92,263
Largest movements
Assets
- Receivables within one year -€26,931
down €26,931 (-3.8%), from €703,769 to €676,838
of which Other amounts receivable: -€57,301
- Financial fixed assets -€25,001
down €25,001 (-71.4%), from €35,001 to €10,000
- Current investments -€25,000
down €25,000 (-4.7%), from €532,469 to €507,469
Equity and liabilities
- Trade debts -€114,164
down €114,164 (-93.9%), from €121,560 to €7,397
- Current portion of long-term debt +€40,413
up €40,413 (+123%), from €32,818 to €73,231
- Debts after one year -€30,690
down €30,690 (-85.6%), from €35,843 to €5,152
Income statement
- Gross operating margin +€31,373
up €31,373 (+488%), from €6,429 to €37,802
- Taxes +€3,164
up €3,164 (+69.1%), from €4,580 to €7,744
- Financial charges +€757
up €757 (+20.3%), from €3,718 to €4,475
- Depreciation +€581
up €581 (+59.5%), from €977 to €1,558
- Financial income -€564
down €564 (-7.5%), from €7,562 to €6,998
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€4,164
Gross operating margin
+€31,373
Depreciation
-€581
Other operating charges
-€73
Other operating items
-€15,425
Financial income
-€564
Financial charges
-€757
Taxes
-€3,164
Result 2025
€14,973
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€75,922
Investment
+€50,001
Financing
+€12,073
Cash 2024
€28,473
From operations (derived)
-€75,922
Net result for the year
+€14,973
Depreciation
+€1,558
Receivables within one year
+€26,931
Smaller working-capital items
+€187
Trade debts
-€114,164
Tax, wage and social debts
-€6,123
Advances received
+€1,847
Accrued charges and deferred income
-€1,132
Investment (derived)
+€50,001
Investment in fixed assets (net)
+€25,001
Current investments
+€25,000
Financing
+€12,073
Debts after one year
-€30,690
Current portion of long-term debt
+€40,413
Short-term financial debts
+€2,351
Cash 2025
€14,625
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,550,945 | €1,458,683 | -€92,263 | -5.9% |
| Fixed assets | 21/28 | €104,242 | €77,683 | -€26,559 | -25.5% |
| Tangible fixed assets | 22/27 | €69,241 | €67,683 | -€1,558 | -2.3% |
| Furniture and vehicles | 24 | €3,523 | €1,965 | -€1,558 | -44.2% |
| Other tangible fixed assets | 26 | €65,719 | €65,719 | = | 0.0% |
| Financial fixed assets | 28 | €35,001 | €10,000 | -€25,001 | -71.4% |
| Current assets | 29/58 | €1,446,703 | €1,380,999 | -€65,703 | -4.5% |
| Amounts receivable after more than one year | 29 | €180,000 | €180,000 | = | 0.0% |
| Other amounts receivable | 291 | €180,000 | €180,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €703,769 | €676,838 | -€26,931 | -3.8% |
| Trade receivables | 40 | €333,005 | €363,375 | +€30,370 | +9.1% |
| Other amounts receivable | 41 | €370,764 | €313,463 | -€57,301 | -15.5% |
| Current investments | 50/53 | €532,469 | €507,469 | -€25,000 | -4.7% |
| Cash at bank and in hand | 54/58 | €28,473 | €14,625 | -€13,848 | -48.6% |
| Deferred charges and accrued income | 490/1 | €1,992 | €2,067 | +€75 | +3.8% |
| Total equity and liabilities | 10/49 | €1,550,945 | €1,458,683 | -€92,263 | -5.9% |
| Equity | 10/15 | €1,348,862 | €1,363,836 | +€14,973 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,392 | €58,365 | +€14,973 | +34.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €43,392 | €58,365 | +€14,973 | +34.5% |
| Profit (loss) carried forward | 14 | €1,286,871 | €1,286,871 | = | 0.0% |
| Amounts payable | 17/49 | €202,083 | €94,847 | -€107,236 | -53.1% |
| Amounts payable after more than one year | 17 | €35,843 | €5,152 | -€30,690 | -85.6% |
| Financial debts | 170/4 | €35,843 | €5,152 | -€30,690 | -85.6% |
| Amounts payable within one year | 42/48 | €165,068 | €89,655 | -€75,414 | -45.7% |
| Current portion of amounts payable after more than one year | 42 | €32,818 | €73,231 | +€40,413 | +123% |
| Financial debts | 43 | - | €2,351 | +€2,351 | |
| Credit institutions | 430/8 | - | €2,351 | +€2,351 | |
| Trade debts | 44 | €121,560 | €7,397 | -€114,164 | -93.9% |
| Suppliers | 440/4 | €121,560 | €7,397 | -€114,164 | -93.9% |
| Advances received on contracts in progress | 46 | - | €1,847 | +€1,847 | |
| Taxes, remuneration and social security | 45 | €10,690 | €4,567 | -€6,123 | -57.3% |
| Taxes | 450/3 | €10,690 | €4,567 | -€6,123 | -57.3% |
| Other amounts payable | 47/48 | €0 | €262 | +€262 | |
| Accrued charges and deferred income | 492/3 | €1,172 | €40 | -€1,132 | -96.6% |
| Non-recurring operating income | 76A | - | €9,999 | +€9,999 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €977 | €1,558 | +€581 | +59.5% |
| Other operating charges | 640/8 | €552 | €626 | +€73 | +13.2% |
| Non-recurring operating charges | 66A | €0 | €15,425 | +€15,425 | |
| Gross operating margin | 9900 | €6,429 | €37,802 | +€31,373 | +488% |
| Operating profit (loss) | 9901 | €4,900 | €20,194 | +€15,294 | +312% |
| Financial income | 75/76B | €7,562 | €6,998 | -€564 | -7.5% |
| Recurring financial income | 75 | €7,562 | €6,998 | -€564 | -7.5% |
| Financial charges | 65/66B | €3,718 | €4,475 | +€757 | +20.3% |
| Recurring financial charges | 65 | €3,718 | €4,475 | +€757 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €8,744 | €22,717 | +€13,973 | +160% |
| Income taxes | 67/77 | €4,580 | €7,744 | +€3,164 | +69.1% |
| Profit (loss) for the period | 9904 | €4,164 | €14,973 | +€10,809 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €4,164 | €14,973 | +€10,809 | +260% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.