Key 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.
Key Solutions
Largest movements
- Tangible fixed assets -€10,295
down €10,295 (-18.6%), from €55,427 to €45,132
of which Leasing and similar rights: -€8,330
- Receivables after one year +€5,304
new in 2025: €5,304
- Cash +€4,427
up €4,427 (+499%), from €888 to €5,315
mainly Net result for the year (+€13,291) and Depreciation (+€10,572)
- Receivables within one year +€2,873
up €2,873 (+19.3%), from €14,884 to €17,757
of which Other amounts receivable: +€4,687
- Deferred charges and accrued income +€1,732
up €1,732 (+135%), from €1,285 to €3,016
- Reserves +€13,291
new in 2025: €13,291
- Debts after one year -€11,295
down €11,295 (-27.1%), from €41,618 to €30,323
- Tax, wage and social debts +€3,289
up €3,289 (+198%), from €1,665 to €4,954
- Trade debts -€1,381
down €1,381 (-78.3%), from €1,764 to €383
- Accrued charges and deferred income -€1,000
no longer reported in 2025 (was €1,000)
- Gross operating margin +€12,856
up €12,856 (+55.2%), from €23,300 to €36,155
- Depreciation +€3,392
up €3,392 (+47.2%), from €7,180 to €10,572
- Financial charges +€2,672
up €2,672 (+280%), from €954 to €3,626
- Taxes +€1,206
up €1,206 (+21.0%), from €5,744 to €6,951
- Financial income +€1,167
up €1,167 (+26,828%), from €4 to €1,171
of which Non-recurring financial income: +€691
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,684 | €77,974 | +€4,290 | +5.8% |
| Fixed assets | 21/28 | €56,627 | €46,582 | -€10,045 | -17.7% |
| Tangible fixed assets | 22/27 | €55,427 | €45,132 | -€10,295 | -18.6% |
| Plant, machinery and equipment | 23 | €4,795 | €8,412 | +€3,617 | +75.4% |
| Furniture and vehicles | 24 | €6,783 | €1,605 | -€5,178 | -76.3% |
| Leasing and similar rights | 25 | €40,422 | €32,092 | -€8,330 | -20.6% |
| Other tangible fixed assets | 26 | €3,427 | €3,022 | -€404 | -11.8% |
| Financial fixed assets | 28 | €1,200 | €1,450 | +€250 | +20.8% |
| Current assets | 29/58 | €17,057 | €31,392 | +€14,335 | +84.0% |
| Amounts receivable after more than one year | 29 | - | €5,304 | +€5,304 | |
| Other amounts receivable | 291 | - | €5,304 | +€5,304 | |
| Amounts receivable within one year | 40/41 | €14,884 | €17,757 | +€2,873 | +19.3% |
| Trade receivables | 40 | €14,884 | €13,070 | -€1,814 | -12.2% |
| Other amounts receivable | 41 | - | €4,687 | +€4,687 | |
| Cash at bank and in hand | 54/58 | €888 | €5,315 | +€4,427 | +499% |
| Deferred charges and accrued income | 490/1 | €1,285 | €3,016 | +€1,732 | +135% |
| Total equity and liabilities | 10/49 | €73,684 | €77,974 | +€4,290 | +5.8% |
| Equity | 10/15 | €20,832 | €34,123 | +€13,291 | +63.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | - | €13,291 | +€13,291 | |
| Distributable reserves | 133 | - | €13,291 | +€13,291 | |
| Profit (loss) carried forward | 14 | €2,240 | €2,240 | = | 0.0% |
| Amounts payable | 17/49 | €52,852 | €43,851 | -€9,001 | -17.0% |
| Amounts payable after more than one year | 17 | €41,618 | €30,323 | -€11,295 | -27.1% |
| Financial debts | 170/4 | €41,618 | €30,323 | -€11,295 | -27.1% |
| Amounts payable within one year | 42/48 | €10,233 | €13,527 | +€3,294 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €6,805 | €7,716 | +€911 | +13.4% |
| Trade debts | 44 | €1,764 | €383 | -€1,381 | -78.3% |
| Suppliers | 440/4 | €1,764 | €383 | -€1,381 | -78.3% |
| Taxes, remuneration and social security | 45 | €1,665 | €4,954 | +€3,289 | +198% |
| Taxes | 450/3 | €1,665 | €4,954 | +€3,289 | +198% |
| Other amounts payable | 47/48 | - | €475 | +€475 | |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Non-recurring operating income | 76A | - | €15,867 | +€15,867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,180 | €10,572 | +€3,392 | +47.2% |
| Other operating charges | 640/8 | €1,453 | €1,480 | +€27 | +1.9% |
| Non-recurring operating charges | 66A | - | €1,407 | +€1,407 | |
| Gross operating margin | 9900 | €23,300 | €36,155 | +€12,856 | +55.2% |
| Operating profit (loss) | 9901 | €14,666 | €22,697 | +€8,030 | +54.8% |
| Financial income | 75/76B | €4 | €1,171 | +€1,167 | +26,828% |
| Recurring financial income | 75 | €4 | €480 | +€476 | +10,938% |
| Non-recurring financial income | 76B | - | €691 | +€691 | |
| Financial charges | 65/66B | €954 | €3,626 | +€2,672 | +280% |
| Recurring financial charges | 65 | €954 | €3,626 | +€2,672 | +280% |
| Profit (loss) for the period before taxes | 9903 | €13,716 | €20,242 | +€6,525 | +47.6% |
| Income taxes | 67/77 | €5,744 | €6,951 | +€1,206 | +21.0% |
| Profit (loss) for the period | 9904 | €7,972 | €13,291 | +€5,319 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,972 | €13,291 | +€5,319 | +66.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.