LIVE 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.
LIVE SOLUTIONS
Largest movements
- Current investments +€30,458
up €30,458 (+30.9%), from €98,472 to €128,930
- Receivables within one year +€27,350
up €27,350 (+90.1%), from €30,342 to €57,692
of which Trade receivables: +€21,941
- Tangible fixed assets -€9,643
down €9,643 (-38.6%), from €24,989 to €15,346
of which Furniture and vehicles: -€6,522
- Deferred charges and accrued income -€6,511
down €6,511 (-52.7%), from €12,349 to €5,837
- Other debts +€81,534
up €81,534 (+423.2%), from €19,265 to €100,798
- Reserves -€46,767
down €46,767 (-22.9%), from €204,218 to €157,451
of which Distributable reserves: -€46,767
- Tax, wage and social debts +€8,352
up €8,352 (+29.8%), from €28,017 to €36,370
of which Taxes: +€8,332
- Gross operating margin +€30,641
up €30,641 (+46.6%), from €65,743 to €96,384
- Taxes +€7,900
up €7,900 (+46.0%), from €17,163 to €25,063
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 | €283,293 | €324,780 | +€41,487 | +14.6% |
| Fixed assets | 21/28 | €24,989 | €15,346 | -€9,643 | -38.6% |
| Tangible fixed assets | 22/27 | €24,989 | €15,346 | -€9,643 | -38.6% |
| Land and buildings | 22 | €9,623 | €7,299 | -€2,324 | -24.2% |
| Plant, machinery and equipment | 23 | €3,291 | €2,494 | -€797 | -24.2% |
| Furniture and vehicles | 24 | €12,075 | €5,554 | -€6,522 | -54.0% |
| Current assets | 29/58 | €258,305 | €309,435 | +€51,130 | +19.8% |
| Amounts receivable within one year | 40/41 | €30,342 | €57,692 | +€27,350 | +90.1% |
| Trade receivables | 40 | €29,077 | €51,018 | +€21,941 | +75.5% |
| Other amounts receivable | 41 | €1,265 | €6,674 | +€5,409 | +427.5% |
| Current investments | 50/53 | €98,472 | €128,930 | +€30,458 | +30.9% |
| Cash at bank and in hand | 54/58 | €117,142 | €116,975 | -€167 | -0.1% |
| Deferred charges and accrued income | 490/1 | €12,349 | €5,837 | -€6,511 | -52.7% |
| Total equity and liabilities | 10/49 | €283,293 | €324,780 | +€41,487 | +14.6% |
| Equity | 10/15 | €233,361 | €186,594 | -€46,767 | -20.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €204,218 | €157,451 | -€46,767 | -22.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €202,358 | €155,591 | -€46,767 | -23.1% |
| Profit (loss) carried forward | 14 | €22,944 | €22,944 | = | 0.0% |
| Amounts payable | 17/49 | €49,932 | €138,186 | +€88,254 | +176.7% |
| Amounts payable within one year | 42/48 | €48,886 | €138,186 | +€89,300 | +182.7% |
| Trade debts | 44 | €1,604 | €1,018 | -€586 | -36.5% |
| Suppliers | 440/4 | €1,604 | €1,018 | -€586 | -36.5% |
| Taxes, remuneration and social security | 45 | €28,017 | €36,370 | +€8,352 | +29.8% |
| Taxes | 450/3 | €25,141 | €33,474 | +€8,332 | +33.1% |
| Remuneration and social security | 454/9 | €2,876 | €2,896 | +€20 | +0.7% |
| Other amounts payable | 47/48 | €19,265 | €100,798 | +€81,534 | +423.2% |
| Accrued charges and deferred income | 492/3 | €1,046 | €0 | -€1,046 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,513 | €9,643 | +€130 | +1.4% |
| Other operating charges | 640/8 | €1,191 | €1,180 | -€11 | -0.9% |
| Gross operating margin | 9900 | €65,743 | €96,384 | +€30,641 | +46.6% |
| Operating profit (loss) | 9901 | €55,039 | €85,561 | +€30,522 | +55.5% |
| Financial income | 75/76B | €810 | €1,247 | +€437 | +53.9% |
| Recurring financial income | 75 | €810 | €1,247 | +€437 | +53.9% |
| Financial charges | 65/66B | €1,556 | €1,155 | -€402 | -25.8% |
| Recurring financial charges | 65 | €1,556 | €1,155 | -€402 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €54,292 | €85,653 | +€31,361 | +57.8% |
| Income taxes | 67/77 | €17,163 | €25,063 | +€7,900 | +46.0% |
| Profit (loss) for the period | 9904 | €37,129 | €60,589 | +€23,461 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,129 | €60,589 | +€23,461 | +63.2% |
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 29 September 2026 via checked.be.