M.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.
M.SOLUTIONS
Largest movements
- Tangible fixed assets +€5,683
new in 2025: €5,683
of which Furniture and vehicles: +€4,713
- Receivables within one year +€3,884
up €3,884 (+13.7%), from €28,289 to €32,172
of which Trade receivables: +€5,165
- Cash -€3,028
down €3,028 (-75.7%), from €4,000 to €972
mainly Investment in fixed assets (net) (-€6,777) and Receivables within one year (-€3,884)
- Deferred charges and accrued income +€2,860
new in 2025: €2,860
- Trade debts +€6,237
up €6,237 (+222.8%), from €2,800 to €9,037
- Profit (loss) carried forward +€1,989
up €1,989 (+9.8%), from €20,214 to €22,203
- Tax, wage and social debts +€1,172
up €1,172 (+22.2%), from €5,274 to €6,446
- Gross operating margin -€23,178
down €23,178 (-77.8%), from €29,807 to €6,629
- Taxes -€4,102
down €4,102 (-77.8%), from €5,274 to €1,172
- Other operating charges +€2,446
up €2,446 (+186.9%), from €1,309 to €3,755
- Depreciation -€1,705
down €1,705 (-60.9%), from €2,800 to €1,095
- Financial income +€1,417
new in 2025: €1,417
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 | €32,289 | €41,687 | +€9,398 | +29.1% |
| Fixed assets | 21/28 | - | €5,683 | +€5,683 | |
| Tangible fixed assets | 22/27 | - | €5,683 | +€5,683 | |
| Plant, machinery and equipment | 23 | - | €969 | +€969 | |
| Furniture and vehicles | 24 | - | €4,713 | +€4,713 | |
| Current assets | 29/58 | €32,289 | €36,004 | +€3,716 | +11.5% |
| Amounts receivable within one year | 40/41 | €28,289 | €32,172 | +€3,884 | +13.7% |
| Trade receivables | 40 | - | €5,165 | +€5,165 | |
| Other amounts receivable | 41 | €28,289 | €27,008 | -€1,281 | -4.5% |
| Cash at bank and in hand | 54/58 | €4,000 | €972 | -€3,028 | -75.7% |
| Deferred charges and accrued income | 490/1 | - | €2,860 | +€2,860 | |
| Total equity and liabilities | 10/49 | €32,289 | €41,687 | +€9,398 | +29.1% |
| Equity | 10/15 | €24,214 | €26,203 | +€1,989 | +8.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,214 | €22,203 | +€1,989 | +9.8% |
| Amounts payable | 17/49 | €8,074 | €15,484 | +€7,409 | +91.8% |
| Amounts payable within one year | 42/48 | €8,074 | €15,484 | +€7,409 | +91.8% |
| Trade debts | 44 | €2,800 | €9,037 | +€6,237 | +222.8% |
| Suppliers | 440/4 | €2,800 | €9,037 | +€6,237 | +222.8% |
| Taxes, remuneration and social security | 45 | €5,274 | €6,446 | +€1,172 | +22.2% |
| Taxes | 450/3 | €5,274 | €6,446 | +€1,172 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,800 | €1,095 | -€1,705 | -60.9% |
| Other operating charges | 640/8 | €1,309 | €3,755 | +€2,446 | +186.9% |
| Gross operating margin | 9900 | €29,807 | €6,629 | -€23,178 | -77.8% |
| Operating profit (loss) | 9901 | €25,699 | €1,779 | -€23,919 | -93.1% |
| Financial income | 75/76B | - | €1,417 | +€1,417 | |
| Recurring financial income | 75 | - | €1,417 | +€1,417 | |
| Financial charges | 65/66B | €210 | €35 | -€175 | -83.2% |
| Recurring financial charges | 65 | €210 | €35 | -€175 | -83.2% |
| Profit (loss) for the period before taxes | 9903 | €25,489 | €3,161 | -€22,328 | -87.6% |
| Income taxes | 67/77 | €5,274 | €1,172 | -€4,102 | -77.8% |
| Profit (loss) for the period | 9904 | €20,214 | €1,989 | -€18,226 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,214 | €1,989 | -€18,226 | -90.2% |
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 5 October 2026 via checked.be.