OPEN 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.
OPEN SOLUTIONS
Largest movements
- Receivables within one year +€3,747
up €3,747 (+64.7%), from €5,787 to €9,533
of which Trade receivables: +€2,249
- Tangible fixed assets +€3,733
up €3,733 (+3.7%), from €101,163 to €104,895
of which Other tangible fixed assets: +€4,819
- Other debts +€20,030
up €20,030 (+128.7%), from €15,569 to €35,599
- Debts after one year -€12,323
down €12,323 (-100.0%), from €12,323 to €0
- Profit (loss) carried forward -€10,021
down €10,021 (-33.7%), from -€29,701 to -€39,722
- Trade debts +€6,446
up €6,446 (+77.6%), from €8,301 to €14,747
- Current portion of long-term debt +€3,945
new in 2024: €3,945
- Gross operating margin +€2,639
up €2,639 (+53.7%), from -€4,914 to -€2,275
- Depreciation -€1,522
down €1,522 (-30.0%), from €5,076 to €3,554
- Financial charges -€824
down €824 (-30.4%), from €2,713 to €1,889
- Other operating charges -€191
down €191 (-7.6%), from €2,494 to €2,303
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,331 | €118,844 | +€7,514 | +6.7% |
| Fixed assets | 21/28 | €105,544 | €109,277 | +€3,733 | +3.5% |
| Tangible fixed assets | 22/27 | €101,163 | €104,895 | +€3,733 | +3.7% |
| Land and buildings | 22 | €74,158 | €70,700 | -€3,458 | -4.7% |
| Plant, machinery and equipment | 23 | - | €622 | +€622 | |
| Furniture and vehicles | 24 | - | €1,750 | +€1,750 | |
| Other tangible fixed assets | 26 | €27,005 | €31,824 | +€4,819 | +17.8% |
| Financial fixed assets | 28 | €4,381 | €4,381 | = | 0.0% |
| Current assets | 29/58 | €5,787 | €9,567 | +€3,781 | +65.3% |
| Amounts receivable within one year | 40/41 | €5,787 | €9,533 | +€3,747 | +64.7% |
| Trade receivables | 40 | €101 | €2,349 | +€2,249 | +2237.5% |
| Other amounts receivable | 41 | €5,686 | €7,184 | +€1,498 | +26.3% |
| Current investments | 50/53 | - | €34 | +€34 | |
| Total equity and liabilities | 10/49 | €111,331 | €118,844 | +€7,514 | +6.7% |
| Equity | 10/15 | €57,065 | €47,043 | -€10,021 | -17.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €24,765 | €24,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €18,565 | €18,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,701 | -€39,722 | -€10,021 | -33.7% |
| Amounts payable | 17/49 | €54,266 | €71,801 | +€17,535 | +32.3% |
| Amounts payable after more than one year | 17 | €12,323 | €0 | -€12,323 | -100.0% |
| Financial debts | 170/4 | €12,323 | €0 | -€12,323 | -100.0% |
| Amounts payable within one year | 42/48 | €41,942 | €71,801 | +€29,858 | +71.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,945 | +€3,945 | |
| Financial debts | 43 | €15,880 | €15,318 | -€562 | -3.5% |
| Credit institutions | 430/8 | €15,880 | €15,318 | -€562 | -3.5% |
| Trade debts | 44 | €8,301 | €14,747 | +€6,446 | +77.6% |
| Suppliers | 440/4 | €8,301 | €14,747 | +€6,446 | +77.6% |
| Taxes, remuneration and social security | 45 | €2,191 | €2,191 | = | 0.0% |
| Taxes | 450/3 | €2,191 | €2,191 | = | 0.0% |
| Other amounts payable | 47/48 | €15,569 | €35,599 | +€20,030 | +128.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,076 | €3,554 | -€1,522 | -30.0% |
| Other operating charges | 640/8 | €2,494 | €2,303 | -€191 | -7.6% |
| Gross operating margin | 9900 | -€4,914 | -€2,275 | +€2,639 | +53.7% |
| Operating profit (loss) | 9901 | -€12,483 | -€8,132 | +€4,351 | +34.9% |
| Financial charges | 65/66B | €2,713 | €1,889 | -€824 | -30.4% |
| Recurring financial charges | 65 | €2,713 | €1,889 | -€824 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,197 | -€10,021 | +€5,175 | +34.1% |
| Profit (loss) for the period | 9904 | -€15,197 | -€10,021 | +€5,175 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,197 | -€10,021 | +€5,175 | +34.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.