O'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.
O'Solutions
Largest movements
- Cash -€35,928
down €35,928 (-48.2%), from €74,562 to €38,634
mainly Trade debts (-€52,504) and Net result for the year (-€30,457)
- Receivables within one year -€30,202
down €30,202 (-17.5%), from €172,428 to €142,226
of which Trade receivables: -€35,812
- Tangible fixed assets +€18,169
up €18,169 (+75.6%), from €24,019 to €42,188
of which Furniture and vehicles: +€18,381
- Trade debts -€52,504
down €52,504 (-69.7%), from €75,348 to €22,844
- Profit (loss) carried forward -€30,457
down €30,457, from €8,227 to -€22,230
- Provisions +€30,000
up €30,000 (+21.4%), from €140,052 to €170,052
of which Provisions for liabilities and charges: +€30,000
- Other debts +€3,000
up €3,000 (+142%), from €2,111 to €5,111
- Turnover -€93,875
no longer reported in 2024 (was €93,875)
- Purchases and services -€92,995
no longer reported in 2024 (was €92,995)
- Gross operating margin -€49,419
down €49,419 (-87.1%), from €56,766 to €7,347
- Provisions +€30,000
new in 2024: €30,000
- Depreciation +€7,571
new in 2024: €7,571
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,771 | €236,810 | -€47,961 | -16.8% |
| Fixed assets | 21/28 | €24,019 | €42,188 | +€18,169 | +75.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €24,019 | €42,188 | +€18,169 | +75.6% |
| Plant, machinery and equipment | 23 | €1,058 | €846 | -€212 | -20.0% |
| Furniture and vehicles | 24 | €22,961 | €41,342 | +€18,381 | +80.1% |
| Current assets | 29/58 | €260,752 | €194,621 | -€66,130 | -25.4% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €172,428 | €142,226 | -€30,202 | -17.5% |
| Trade receivables | 40 | €88,825 | €53,013 | -€35,812 | -40.3% |
| Other amounts receivable | 41 | €83,603 | €89,213 | +€5,610 | +6.7% |
| Cash at bank and in hand | 54/58 | €74,562 | €38,634 | -€35,928 | -48.2% |
| Deferred charges and accrued income | 490/1 | €3,762 | €3,762 | = | 0.0% |
| Total equity and liabilities | 10/49 | €284,771 | €236,810 | -€47,961 | -16.8% |
| Equity | 10/15 | €66,363 | €35,906 | -€30,457 | -45.9% |
| Contributions | 10/11 | €3,700 | €3,700 | = | 0.0% |
| Reserves | 13 | €54,436 | €54,436 | = | 0.0% |
| Distributable reserves | 133 | €54,436 | €54,436 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,227 | -€22,230 | -€30,457 | |
| Provisions and deferred taxes | 16 | €140,052 | €170,052 | +€30,000 | +21.4% |
| Provisions for liabilities and charges | 160/5 | €5,000 | €35,000 | +€30,000 | +600% |
| Other liabilities and charges | 164/5 | €5,000 | €35,000 | +€30,000 | +600% |
| Deferred taxes | 168 | €135,052 | €135,052 | = | 0.0% |
| Amounts payable | 17/49 | €78,355 | €30,851 | -€47,504 | -60.6% |
| Amounts payable within one year | 42/48 | €78,355 | €30,851 | -€47,504 | -60.6% |
| Trade debts | 44 | €75,348 | €22,844 | -€52,504 | -69.7% |
| Suppliers | 440/4 | €75,348 | €22,844 | -€52,504 | -69.7% |
| Taxes, remuneration and social security | 45 | €896 | €2,896 | +€2,000 | +223% |
| Taxes | 450/3 | €896 | €896 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €2,111 | €5,111 | +€3,000 | +142% |
| Turnover | 70 | €93,875 | - | -€93,875 | |
| Non-recurring operating income | 76A | €54,436 | - | -€54,436 | |
| Goods, raw materials, services and sundry goods | 60/61 | €92,995 | - | -€92,995 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,571 | +€7,571 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €30,000 | +€30,000 | |
| Other operating charges | 640/8 | €1,699 | €195 | -€1,504 | -88.5% |
| Gross operating margin | 9900 | €56,766 | €7,347 | -€49,419 | -87.1% |
| Operating profit (loss) | 9901 | €55,067 | -€30,419 | -€85,487 | |
| Financial income | 75/76B | €3,762 | - | -€3,762 | |
| Recurring financial income | 75 | €3,762 | - | -€3,762 | |
| Financial charges | 65/66B | €282 | €38 | -€244 | -86.7% |
| Recurring financial charges | 65 | €282 | €38 | -€244 | -86.7% |
| Profit (loss) for the period before taxes | 9903 | €58,548 | -€30,457 | -€89,005 | |
| Income taxes | 67/77 | -€153 | - | +€153 | |
| Profit (loss) for the period | 9904 | €58,700 | -€30,457 | -€89,157 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,700 | -€30,457 | -€89,157 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.