NEW 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.
NEW SOLUTIONS
Largest movements
- Receivables within one year -€111,360
down €111,360 (-90.0%), from €123,719 to €12,358
of which Other amounts receivable: -€104,283
- Cash +€12,489
new in 2025: €12,489
mainly Receivables within one year (+€111,360) and Deferred charges and accrued income (+€4,302)
- Financial fixed assets -€8,163
down €8,163 (-9.8%), from €83,163 to €75,000
- Tangible fixed assets +€6,799
up €6,799 (+259.4%), from €2,621 to €9,419
of which Furniture and vehicles: +€8,612
- Deferred charges and accrued income -€4,302
down €4,302 (-92.5%), from €4,650 to €348
- Profit (loss) carried forward -€58,358
down €58,358 (-65.7%), from €88,824 to €30,466
- Other debts -€10,068
down €10,068 (-100.0%), from €10,068 to €0
- Short-term financial debts -€9,311
down €9,311 (-96.4%), from €9,657 to €346
- Debts after one year -€8,370
down €8,370 (-74.7%), from €11,211 to €2,841
- Accrued charges and deferred income -€6,776
down €6,776 (-50.0%), from €13,553 to €6,776
- Gross operating margin -€58,008
down €58,008, from €11,706 to -€46,301
- Staff costs -€11,156
down €11,156 (-100.0%), from €11,156 to €0
- Financial charges +€7,380
up €7,380 (+318.1%), from €2,320 to €9,700
of which Non-recurring financial charges: +€8,163
- Financial income -€3,321
down €3,321 (-99.9%), from €3,323 to €2
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 | €214,151 | €109,614 | -€104,538 | -48.8% |
| Fixed assets | 21/28 | €85,783 | €84,419 | -€1,364 | -1.6% |
| Tangible fixed assets | 22/27 | €2,621 | €9,419 | +€6,799 | +259.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €8,612 | +€8,612 | |
| Other tangible fixed assets | 26 | €2,621 | €807 | -€1,813 | -69.2% |
| Financial fixed assets | 28 | €83,163 | €75,000 | -€8,163 | -9.8% |
| Current assets | 29/58 | €128,368 | €25,194 | -€103,174 | -80.4% |
| Amounts receivable within one year | 40/41 | €123,719 | €12,358 | -€111,360 | -90.0% |
| Trade receivables | 40 | €12,857 | €5,779 | -€7,077 | -55.0% |
| Other amounts receivable | 41 | €110,862 | €6,579 | -€104,283 | -94.1% |
| Cash at bank and in hand | 54/58 | - | €12,489 | +€12,489 | |
| Deferred charges and accrued income | 490/1 | €4,650 | €348 | -€4,302 | -92.5% |
| Total equity and liabilities | 10/49 | €214,151 | €109,614 | -€104,538 | -48.8% |
| Equity | 10/15 | €146,689 | €88,331 | -€58,358 | -39.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,265 | €39,265 | = | 0.0% |
| 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 | €37,405 | €37,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,824 | €30,466 | -€58,358 | -65.7% |
| Amounts payable | 17/49 | €67,462 | €21,282 | -€46,179 | -68.5% |
| Amounts payable after more than one year | 17 | €11,211 | €2,841 | -€8,370 | -74.7% |
| Financial debts | 170/4 | €11,211 | €2,841 | -€8,370 | -74.7% |
| Amounts payable within one year | 42/48 | €42,698 | €11,665 | -€31,033 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €8,143 | €8,370 | +€227 | +2.8% |
| Financial debts | 43 | €9,657 | €346 | -€9,311 | -96.4% |
| Credit institutions | 430/8 | €9,657 | €346 | -€9,311 | -96.4% |
| Trade debts | 44 | €8,687 | €2,556 | -€6,131 | -70.6% |
| Suppliers | 440/4 | €8,687 | €2,556 | -€6,131 | -70.6% |
| Taxes, remuneration and social security | 45 | €6,143 | €393 | -€5,750 | -93.6% |
| Taxes | 450/3 | €217 | €393 | +€176 | +81.2% |
| Remuneration and social security | 454/9 | €5,926 | €0 | -€5,926 | -100.0% |
| Other amounts payable | 47/48 | €10,068 | €0 | -€10,068 | -100.0% |
| Accrued charges and deferred income | 492/3 | €13,553 | €6,776 | -€6,776 | -50.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €11,156 | €0 | -€11,156 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,895 | €2,097 | +€203 | +10.7% |
| Other operating charges | 640/8 | €178 | €86 | -€93 | -52.0% |
| Gross operating margin | 9900 | €11,706 | -€46,301 | -€58,008 | |
| Operating profit (loss) | 9901 | -€1,523 | -€48,484 | -€46,962 | -3084.3% |
| Financial income | 75/76B | €3,323 | €2 | -€3,321 | -99.9% |
| Recurring financial income | 75 | €3,323 | €2 | -€3,321 | -99.9% |
| Financial charges | 65/66B | €2,320 | €9,700 | +€7,380 | +318.1% |
| Recurring financial charges | 65 | €2,320 | €1,537 | -€783 | -33.7% |
| Non-recurring financial charges | 66B | - | €8,163 | +€8,163 | |
| Profit (loss) for the period before taxes | 9903 | -€520 | -€58,182 | -€57,663 | -11099.4% |
| Income taxes | 67/77 | €217 | €176 | -€41 | -18.8% |
| Profit (loss) for the period | 9904 | -€737 | -€58,358 | -€57,622 | -7823.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€737 | -€58,358 | -€57,622 | -7823.1% |
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 6 October 2026 via checked.be.