L-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.
L-SOLUTIONS
Largest movements
- Cash -€44,825
down €44,825 (-98.9%), from €45,345 to €520
mainly Receivables within one year (-€37,318) and Contributions, distributions and other (-€14,500)
- Receivables within one year +€37,318
up €37,318 (+608.7%), from €6,131 to €43,448
of which Trade receivables: +€41,163
- Tangible fixed assets -€11,286
down €11,286 (-8.6%), from €131,849 to €120,563
- Reserves -€14,500
down €14,500 (-14.9%), from €97,090 to €82,590
- Debts after one year -€13,459
down €13,459 (-100.0%), from €13,459 to €0
- Tax, wage and social debts +€5,999
up €5,999 (+78.2%), from €7,673 to €13,672
of which Remuneration and social security: +€3,710
- Other debts +€5,988
up €5,988, from €0 to €5,988
- Current portion of long-term debt -€4,382
down €4,382 (-24.6%), from €17,841 to €13,459
- Gross operating margin -€32,407
down €32,407 (-61.6%), from €52,633 to €20,226
- Taxes -€6,455
down €6,455 (-77.6%), from €8,313 to €1,858
- Financial charges +€3,402
up €3,402 (+85.1%), from €3,999 to €7,401
- Depreciation -€1,066
down €1,066 (-8.6%), from €12,352 to €11,286
- Other operating charges +€814
up €814 (+204.8%), from €398 to €1,212
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 | €186,336 | €167,839 | -€18,497 | -9.9% |
| Fixed assets | 21/28 | €132,467 | €121,181 | -€11,286 | -8.5% |
| Tangible fixed assets | 22/27 | €131,849 | €120,563 | -€11,286 | -8.6% |
| Land and buildings | 22 | €116,725 | €112,367 | -€4,357 | -3.7% |
| Plant, machinery and equipment | 23 | €817 | €368 | -€449 | -55.0% |
| Furniture and vehicles | 24 | €9,470 | €3,837 | -€5,632 | -59.5% |
| Other tangible fixed assets | 26 | €4,838 | €3,991 | -€847 | -17.5% |
| Financial fixed assets | 28 | €618 | €618 | = | 0.0% |
| Current assets | 29/58 | €53,869 | €46,659 | -€7,211 | -13.4% |
| Amounts receivable within one year | 40/41 | €6,131 | €43,448 | +€37,318 | +608.7% |
| Trade receivables | 40 | €598 | €41,761 | +€41,163 | +6882.6% |
| Other amounts receivable | 41 | €5,533 | €1,687 | -€3,846 | -69.5% |
| Cash at bank and in hand | 54/58 | €45,345 | €520 | -€44,825 | -98.9% |
| Deferred charges and accrued income | 490/1 | €2,394 | €2,690 | +€297 | +12.4% |
| Total equity and liabilities | 10/49 | €186,336 | €167,839 | -€18,497 | -9.9% |
| Equity | 10/15 | €132,533 | €116,502 | -€16,031 | -12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,090 | €82,590 | -€14,500 | -14.9% |
| Distributable reserves | 133 | €97,090 | €82,590 | -€14,500 | -14.9% |
| Profit (loss) carried forward | 14 | €29,243 | €27,712 | -€1,531 | -5.2% |
| Amounts payable | 17/49 | €53,803 | €51,337 | -€2,465 | -4.6% |
| Amounts payable after more than one year | 17 | €13,459 | €0 | -€13,459 | -100.0% |
| Financial debts | 170/4 | €13,459 | €0 | -€13,459 | -100.0% |
| Amounts payable within one year | 42/48 | €40,219 | €51,337 | +€11,119 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €17,841 | €13,459 | -€4,382 | -24.6% |
| Trade debts | 44 | €14,705 | €18,219 | +€3,514 | +23.9% |
| Suppliers | 440/4 | €14,705 | €18,219 | +€3,514 | +23.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,673 | €13,672 | +€5,999 | +78.2% |
| Taxes | 450/3 | €7,673 | €9,962 | +€2,288 | +29.8% |
| Remuneration and social security | 454/9 | - | €3,710 | +€3,710 | |
| Other amounts payable | 47/48 | €0 | €5,988 | +€5,988 | |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100.0% |
| Non-recurring operating income | 76A | €14,916 | €0 | -€14,916 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,352 | €11,286 | -€1,066 | -8.6% |
| Other operating charges | 640/8 | €398 | €1,212 | +€814 | +204.8% |
| Non-recurring operating charges | 66A | €0 | €0 | -€0 | -100.0% |
| Gross operating margin | 9900 | €52,633 | €20,226 | -€32,407 | -61.6% |
| Operating profit (loss) | 9901 | €39,884 | €7,728 | -€32,156 | -80.6% |
| Financial income | 75/76B | €229 | €0 | -€229 | -99.9% |
| Recurring financial income | 75 | €229 | €0 | -€229 | -99.9% |
| Financial charges | 65/66B | €3,999 | €7,401 | +€3,402 | +85.1% |
| Recurring financial charges | 65 | €3,999 | €7,401 | +€3,402 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €36,114 | €327 | -€35,787 | -99.1% |
| Income taxes | 67/77 | €8,313 | €1,858 | -€6,455 | -77.6% |
| Profit (loss) for the period | 9904 | €27,801 | -€1,531 | -€29,333 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,801 | -€1,531 | -€29,333 |
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 10 October 2026 via checked.be.