Main Hill 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.
Main Hill Solutions
Largest movements
- Cash -€45,906
down €45,906 (-45.6%), from €100,688 to €54,782
mainly Contributions, distributions and other (-€100,000) and Advances received (-€14,944)
- Tangible fixed assets -€13,150
down €13,150 (-24.1%), from €54,644 to €41,494
of which Furniture and vehicles: -€13,978
- Receivables within one year -€8,551
down €8,551 (-36.4%), from €23,513 to €14,962
of which Trade receivables: -€10,080
- Reserves -€69,314
down €69,314 (-57.5%), from €120,523 to €51,210
- Other debts +€18,971
up €18,971 (+1,175%), from €1,615 to €20,586
- Advances received -€14,944
no longer reported in 2025 (was €14,944)
- Debts after one year -€7,726
down €7,726 (-34.5%), from €22,364 to €14,639
- Tax, wage and social debts +€4,495
up €4,495 (+50.7%), from €8,859 to €13,354
- Gross operating margin +€6,040
up €6,040 (+12.2%), from €49,564 to €55,604
- Taxes +€1,669
up €1,669 (+24.1%), from €6,912 to €8,581
- Depreciation -€1,109
down €1,109 (-7.1%), from €15,578 to €14,470
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 | €179,770 | €111,617 | -€68,153 | -37.9% |
| Fixed assets | 21/28 | €54,644 | €41,494 | -€13,150 | -24.1% |
| Tangible fixed assets | 22/27 | €54,644 | €41,494 | -€13,150 | -24.1% |
| Plant, machinery and equipment | 23 | €440 | €1,267 | +€828 | +188% |
| Furniture and vehicles | 24 | €54,205 | €40,226 | -€13,978 | -25.8% |
| Current assets | 29/58 | €125,126 | €70,124 | -€55,002 | -44.0% |
| Amounts receivable within one year | 40/41 | €23,513 | €14,962 | -€8,551 | -36.4% |
| Trade receivables | 40 | €23,450 | €13,371 | -€10,080 | -43.0% |
| Other amounts receivable | 41 | €63 | €1,591 | +€1,529 | +2,439% |
| Cash at bank and in hand | 54/58 | €100,688 | €54,782 | -€45,906 | -45.6% |
| Deferred charges and accrued income | 490/1 | €925 | €379 | -€545 | -59.0% |
| Total equity and liabilities | 10/49 | €179,770 | €111,617 | -€68,153 | -37.9% |
| Equity | 10/15 | €123,523 | €54,210 | -€69,314 | -56.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €120,523 | €51,210 | -€69,314 | -57.5% |
| Distributable reserves | 133 | €120,523 | €51,210 | -€69,314 | -57.5% |
| Amounts payable | 17/49 | €56,247 | €57,408 | +€1,161 | +2.1% |
| Amounts payable after more than one year | 17 | €22,364 | €14,639 | -€7,726 | -34.5% |
| Financial debts | 170/4 | €22,364 | €14,639 | -€7,726 | -34.5% |
| Amounts payable within one year | 42/48 | €33,882 | €42,769 | +€8,887 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €7,293 | €7,726 | +€433 | +5.9% |
| Trade debts | 44 | €1,173 | €1,103 | -€69 | -5.9% |
| Suppliers | 440/4 | €1,173 | €1,103 | -€69 | -5.9% |
| Advances received on contracts in progress | 46 | €14,944 | - | -€14,944 | |
| Taxes, remuneration and social security | 45 | €8,859 | €13,354 | +€4,495 | +50.7% |
| Taxes | 450/3 | €8,859 | €13,354 | +€4,495 | +50.7% |
| Other amounts payable | 47/48 | €1,615 | €20,586 | +€18,971 | +1,175% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,578 | €14,470 | -€1,109 | -7.1% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €49,564 | €55,604 | +€6,040 | +12.2% |
| Operating profit (loss) | 9901 | €33,480 | €40,614 | +€7,134 | +21.3% |
| Financial income | 75/76B | €8 | €383 | +€375 | +4,941% |
| Recurring financial income | 75 | €8 | €383 | +€375 | +4,941% |
| Financial charges | 65/66B | €2,131 | €1,730 | -€401 | -18.8% |
| Recurring financial charges | 65 | €2,131 | €1,730 | -€401 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €31,357 | €39,267 | +€7,911 | +25.2% |
| Income taxes | 67/77 | €6,912 | €8,581 | +€1,669 | +24.1% |
| Profit (loss) for the period | 9904 | €24,445 | €30,686 | +€6,242 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,445 | €30,686 | +€6,242 | +25.5% |
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 18 October 2026 via checked.be.