FV Solutions: what changed
Two fiscal 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.
FV Solutions
Largest movements
- Cash -€50,254
down €50,254 (-49.4%), from €101,829 to €51,574
mainly Other debts (-€45,458) and Contributions, distributions and other (-€33,354)
- Receivables within one year -€6,071
down €6,071 (-42.7%), from €14,210 to €8,138
of which Trade receivables: -€5,957
- Tangible fixed assets -€2,355
down €2,355 (-64.4%), from €3,656 to €1,301
of which Furniture and vehicles: -€2,355
- Financial fixed assets -€2,069
down €2,069 (-100.0%), from €2,069 to €0
- Other debts -€45,458
down €45,458 (-60.6%), from €75,023 to €29,565
- Tax, wage and social debts -€11,711
down €11,711 (-32.1%), from €36,539 to €24,828
- Trade debts -€3,463
down €3,463 (-63.0%), from €5,495 to €2,032
- Gross operating margin +€5,130
up €5,130 (+12.5%), from €41,146 to €46,276
- Other operating charges -€2,442
down €2,442 (-92.6%), from €2,637 to €195
- Taxes +€1,753
up €1,753 (+23.0%), from €7,615 to €9,368
- Financial charges +€813
up €813 (+375.8%), from €216 to €1,030
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,057 | €62,054 | -€60,003 | -49.2% |
| Fixed assets | 21/28 | €5,725 | €1,301 | -€4,424 | -77.3% |
| Tangible fixed assets | 22/27 | €3,656 | €1,301 | -€2,355 | -64.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,656 | €1,301 | -€2,355 | -64.4% |
| Financial fixed assets | 28 | €2,069 | €0 | -€2,069 | -100.0% |
| Current assets | 29/58 | €116,332 | €60,753 | -€55,579 | -47.8% |
| Amounts receivable within one year | 40/41 | €14,210 | €8,138 | -€6,071 | -42.7% |
| Trade receivables | 40 | €14,095 | €8,138 | -€5,957 | -42.3% |
| Other amounts receivable | 41 | €115 | €0 | -€115 | -100.0% |
| Cash at bank and in hand | 54/58 | €101,829 | €51,574 | -€50,254 | -49.4% |
| Deferred charges and accrued income | 490/1 | €293 | €1,041 | +€747 | +254.7% |
| Total equity and liabilities | 10/49 | €122,057 | €62,054 | -€60,003 | -49.2% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €117,057 | €57,054 | -€60,003 | -51.3% |
| Amounts payable within one year | 42/48 | €117,057 | €56,424 | -€60,633 | -51.8% |
| Trade debts | 44 | €5,495 | €2,032 | -€3,463 | -63.0% |
| Suppliers | 440/4 | €5,495 | €2,032 | -€3,463 | -63.0% |
| Taxes, remuneration and social security | 45 | €36,539 | €24,828 | -€11,711 | -32.1% |
| Taxes | 450/3 | €36,539 | €24,828 | -€11,711 | -32.1% |
| Other amounts payable | 47/48 | €75,023 | €29,565 | -€45,458 | -60.6% |
| Accrued charges and deferred income | 492/3 | - | €630 | +€630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,748 | €2,355 | -€394 | -14.3% |
| Other operating charges | 640/8 | €2,637 | €195 | -€2,442 | -92.6% |
| Non-recurring operating charges | 66A | €1,227 | €0 | -€1,227 | -100.0% |
| Gross operating margin | 9900 | €41,146 | €46,276 | +€5,130 | +12.5% |
| Operating profit (loss) | 9901 | €34,534 | €43,727 | +€9,193 | +26.6% |
| Financial income | 75/76B | €44 | €25 | -€20 | -44.4% |
| Recurring financial income | 75 | €44 | €25 | -€20 | -44.4% |
| Financial charges | 65/66B | €216 | €1,030 | +€813 | +375.8% |
| Recurring financial charges | 65 | €216 | €1,030 | +€813 | +375.8% |
| Profit (loss) for the period before taxes | 9903 | €34,362 | €42,722 | +€8,360 | +24.3% |
| Income taxes | 67/77 | €7,615 | €9,368 | +€1,753 | +23.0% |
| Profit (loss) for the period | 9904 | €26,747 | €33,354 | +€6,607 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,747 | €33,354 | +€6,607 | +24.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.