ND_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.
ND_Solutions
Largest movements
- Current investments +€56,562
up €56,562 (+13.7%), from €414,089 to €470,652
- Cash +€20,199
up €20,199 (+25.3%), from €79,991 to €100,190
mainly Net result for the year (+€105,047) and Other debts (+€8,500)
- Reserves +€55,000
up €55,000 (+12.5%), from €441,435 to €496,435
- Other debts +€8,500
up €8,500 (+25.0%), from €34,000 to €42,500
- Gross operating margin +€24,329
up €24,329 (+23.6%), from €102,943 to €127,271
- Financial income +€18,303
up €18,303 (+221.9%), from €8,249 to €26,552
- Taxes +€14,685
up €14,685 (+47.7%), from €30,815 to €45,500
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 | €513,722 | €581,913 | +€68,191 | +13.3% |
| Current assets | 29/58 | €513,722 | €581,913 | +€68,191 | +13.3% |
| Amounts receivable within one year | 40/41 | €16,642 | €11,072 | -€5,571 | -33.5% |
| Trade receivables | 40 | €6,207 | €11,072 | +€4,864 | +78.4% |
| Other amounts receivable | 41 | €10,435 | - | -€10,435 | |
| Current investments | 50/53 | €414,089 | €470,652 | +€56,562 | +13.7% |
| Cash at bank and in hand | 54/58 | €79,991 | €100,190 | +€20,199 | +25.3% |
| Deferred charges and accrued income | 490/1 | €3,000 | - | -€3,000 | |
| Total equity and liabilities | 10/49 | €513,722 | €581,913 | +€68,191 | +13.3% |
| Equity | 10/15 | €461,435 | €516,482 | +€55,047 | +11.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €441,435 | €496,435 | +€55,000 | +12.5% |
| Distributable reserves | 133 | €441,435 | €496,435 | +€55,000 | +12.5% |
| Profit (loss) carried forward | 14 | - | €47 | +€47 | |
| Amounts payable | 17/49 | €52,287 | €65,431 | +€13,144 | +25.1% |
| Amounts payable within one year | 42/48 | €52,287 | €65,431 | +€13,144 | +25.1% |
| Taxes, remuneration and social security | 45 | €18,287 | €22,931 | +€4,644 | +25.4% |
| Taxes | 450/3 | €18,287 | €22,931 | +€4,644 | +25.4% |
| Other amounts payable | 47/48 | €34,000 | €42,500 | +€8,500 | +25.0% |
| Other operating charges | 640/8 | €311 | €66 | -€245 | -78.8% |
| Gross operating margin | 9900 | €102,943 | €127,271 | +€24,329 | +23.6% |
| Operating profit (loss) | 9901 | €102,632 | €127,206 | +€24,574 | +23.9% |
| Financial income | 75/76B | €8,249 | €26,552 | +€18,303 | +221.9% |
| Recurring financial income | 75 | €8,249 | €26,552 | +€18,303 | +221.9% |
| Financial charges | 65/66B | €2,227 | €3,211 | +€984 | +44.2% |
| Recurring financial charges | 65 | €2,227 | €3,211 | +€984 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €108,654 | €150,547 | +€41,893 | +38.6% |
| Income taxes | 67/77 | €30,815 | €45,500 | +€14,685 | +47.7% |
| Profit (loss) for the period | 9904 | €77,839 | €105,047 | +€27,208 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,839 | €105,047 | +€27,208 | +35.0% |
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.