Mailing 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.
Mailing SOLUTIONS
Largest movements
- Cash +€126,034
up €126,034 (+204.6%), from €61,594 to €187,628
mainly Receivables within one year (+€118,327) and Net result for the year (+€38,039)
- Receivables within one year -€118,327
down €118,327 (-65.8%), from €179,757 to €61,430
of which Trade receivables: -€115,522
- Current investments +€33,442
up €33,442 (+8.4%), from €397,013 to €430,455
- Tangible fixed assets -€11,410
down €11,410 (-23.0%), from €49,512 to €38,102
of which Furniture and vehicles: -€10,332
- Reserves +€37,500
up €37,500 (+18.8%), from €199,900 to €237,400
- Tax, wage and social debts -€26,906
down €26,906 (-53.8%), from €50,053 to €23,147
of which Remuneration and social security: -€24,750
- Trade debts +€19,331
up €19,331 (+16.0%), from €121,191 to €140,522
- Financial income -€6,001
down €6,001 (-62.5%), from €9,601 to €3,600
- Gross operating margin +€5,469
up €5,469 (+9.3%), from €58,500 to €63,969
- Depreciation +€5,420
up €5,420 (+90.5%), from €5,990 to €11,410
- Taxes -€857
down €857 (-5.4%), from €15,987 to €15,130
- Other operating charges -€669
down €669 (-48.2%), from €1,390 to €721
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 | €690,572 | €721,036 | +€30,464 | +4.4% |
| Fixed assets | 21/28 | €52,208 | €40,798 | -€11,410 | -21.9% |
| Tangible fixed assets | 22/27 | €49,512 | €38,102 | -€11,410 | -23.0% |
| Furniture and vehicles | 24 | €47,086 | €36,754 | -€10,332 | -21.9% |
| Other tangible fixed assets | 26 | €2,426 | €1,348 | -€1,078 | -44.5% |
| Financial fixed assets | 28 | €2,696 | €2,696 | +€0 | 0.0% |
| Current assets | 29/58 | €638,364 | €680,238 | +€41,874 | +6.6% |
| Amounts receivable within one year | 40/41 | €179,757 | €61,430 | -€118,327 | -65.8% |
| Trade receivables | 40 | €173,448 | €57,927 | -€115,522 | -66.6% |
| Other amounts receivable | 41 | €6,309 | €3,504 | -€2,805 | -44.5% |
| Current investments | 50/53 | €397,013 | €430,455 | +€33,442 | +8.4% |
| Cash at bank and in hand | 54/58 | €61,594 | €187,628 | +€126,034 | +204.6% |
| Deferred charges and accrued income | 490/1 | - | €725 | +€725 | |
| Total equity and liabilities | 10/49 | €690,572 | €721,036 | +€30,464 | +4.4% |
| Equity | 10/15 | €519,328 | €557,367 | +€38,039 | +7.3% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Reserves | 13 | €199,900 | €237,400 | +€37,500 | +18.8% |
| Distributable reserves | 133 | €199,900 | €237,400 | +€37,500 | +18.8% |
| Profit (loss) carried forward | 14 | €313,231 | €313,770 | +€539 | +0.2% |
| Amounts payable | 17/49 | €171,244 | €163,669 | -€7,575 | -4.4% |
| Amounts payable within one year | 42/48 | €171,244 | €163,669 | -€7,575 | -4.4% |
| Trade debts | 44 | €121,191 | €140,522 | +€19,331 | +16.0% |
| Suppliers | 440/4 | €121,191 | €140,522 | +€19,331 | +16.0% |
| Taxes, remuneration and social security | 45 | €50,053 | €23,147 | -€26,906 | -53.8% |
| Taxes | 450/3 | €25,303 | €23,147 | -€2,156 | -8.5% |
| Remuneration and social security | 454/9 | €24,750 | - | -€24,750 | |
| Remuneration, social security and pensions | 62 | €2,414 | €2,162 | -€252 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,990 | €11,410 | +€5,420 | +90.5% |
| Other operating charges | 640/8 | €1,390 | €721 | -€669 | -48.2% |
| Gross operating margin | 9900 | €58,500 | €63,969 | +€5,469 | +9.3% |
| Operating profit (loss) | 9901 | €48,706 | €49,677 | +€971 | +2.0% |
| Financial income | 75/76B | €9,601 | €3,600 | -€6,001 | -62.5% |
| Recurring financial income | 75 | €9,601 | €3,600 | -€6,001 | -62.5% |
| Financial charges | 65/66B | €96 | €108 | +€12 | +12.0% |
| Recurring financial charges | 65 | €96 | €108 | +€12 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €58,211 | €53,169 | -€5,042 | -8.7% |
| Income taxes | 67/77 | €15,987 | €15,130 | -€857 | -5.4% |
| Profit (loss) for the period | 9904 | €42,224 | €38,039 | -€4,185 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,224 | €38,039 | -€4,185 | -9.9% |
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.