Outdoor 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.
Outdoor Solutions
Largest movements
- Tangible fixed assets +€142,605
up €142,605 (+69.6%), from €204,775 to €347,380
of which Leasing and similar rights: +€162,915
- Cash +€72,860
up €72,860 (+71.5%), from €101,873 to €174,733
mainly Debts after one year (+€124,416) and Other debts (+€92,453)
- Debts after one year +€124,416
up €124,416 (+158%), from €78,691 to €203,108
- Other debts +€92,453
up €92,453 (+416%), from €22,211 to €114,663
- Reserves -€32,576
down €32,576 (-13.9%), from €233,942 to €201,366
of which Distributable reserves: -€58,176
- Current portion of long-term debt +€13,810
up €13,810 (+22.5%), from €61,316 to €75,125
- Gross operating margin +€69,402
up €69,402 (+46.9%), from €148,102 to €217,504
- Depreciation +€11,771
up €11,771 (+16.6%), from €70,810 to €82,582
- Financial charges +€4,597
up €4,597 (+46.7%), from €9,839 to €14,436
- Other operating charges -€4,377
down €4,377 (-44.1%), from €9,936 to €5,559
- Taxes +€2,501
up €2,501 (+13.4%), from €18,602 to €21,103
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 | €490,764 | €700,137 | +€209,372 | +42.7% |
| Fixed assets | 21/28 | €205,045 | €347,785 | +€142,740 | +69.6% |
| Tangible fixed assets | 22/27 | €204,775 | €347,380 | +€142,605 | +69.6% |
| Plant, machinery and equipment | 23 | €44,472 | €41,313 | -€3,158 | -7.1% |
| Furniture and vehicles | 24 | €50,628 | €33,476 | -€17,152 | -33.9% |
| Leasing and similar rights | 25 | €109,676 | €272,591 | +€162,915 | +149% |
| Financial fixed assets | 28 | €270 | €405 | +€135 | +50.0% |
| Current assets | 29/58 | €285,719 | €352,352 | +€66,633 | +23.3% |
| Amounts receivable within one year | 40/41 | €164,236 | €158,653 | -€5,584 | -3.4% |
| Trade receivables | 40 | €102,679 | €118,447 | +€15,768 | +15.4% |
| Other amounts receivable | 41 | €61,557 | €40,206 | -€21,352 | -34.7% |
| Cash at bank and in hand | 54/58 | €101,873 | €174,733 | +€72,860 | +71.5% |
| Deferred charges and accrued income | 490/1 | €19,610 | €18,966 | -€644 | -3.3% |
| Total equity and liabilities | 10/49 | €490,764 | €700,137 | +€209,372 | +42.7% |
| Equity | 10/15 | €240,142 | €207,566 | -€32,576 | -13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €233,942 | €201,366 | -€32,576 | -13.9% |
| Tax-exempt reserves | 132 | - | €25,600 | +€25,600 | |
| Distributable reserves | 133 | €233,942 | €175,766 | -€58,176 | -24.9% |
| Provisions and deferred taxes | 16 | - | €6,400 | +€6,400 | |
| Deferred taxes | 168 | - | €6,400 | +€6,400 | |
| Amounts payable | 17/49 | €250,622 | €486,171 | +€235,548 | +94.0% |
| Amounts payable after more than one year | 17 | €78,691 | €203,108 | +€124,416 | +158% |
| Financial debts | 170/4 | €78,691 | €203,108 | +€124,416 | +158% |
| Amounts payable within one year | 42/48 | €171,517 | €283,063 | +€111,546 | +65.0% |
| Current portion of amounts payable after more than one year | 42 | €61,316 | €75,125 | +€13,810 | +22.5% |
| Financial debts | 43 | €550 | - | -€550 | |
| Credit institutions | 430/8 | €550 | - | -€550 | |
| Trade debts | 44 | €61,370 | €61,389 | +€19 | 0.0% |
| Suppliers | 440/4 | €61,370 | €61,389 | +€19 | 0.0% |
| Taxes, remuneration and social security | 45 | €26,071 | €31,886 | +€5,815 | +22.3% |
| Taxes | 450/3 | €19,771 | €28,886 | +€9,115 | +46.1% |
| Remuneration and social security | 454/9 | €6,300 | €3,000 | -€3,300 | -52.4% |
| Other amounts payable | 47/48 | €22,211 | €114,663 | +€92,453 | +416% |
| Accrued charges and deferred income | 492/3 | €414 | - | -€414 | |
| Non-recurring operating income | 76A | €7,500 | €32,000 | +€24,500 | +327% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,810 | €82,582 | +€11,771 | +16.6% |
| Other operating charges | 640/8 | €9,936 | €5,559 | -€4,377 | -44.1% |
| Gross operating margin | 9900 | €148,102 | €217,504 | +€69,402 | +46.9% |
| Operating profit (loss) | 9901 | €67,356 | €129,364 | +€62,008 | +92.1% |
| Financial income | 75/76B | €2,809 | €2,445 | -€364 | -13.0% |
| Recurring financial income | 75 | €2,809 | €2,445 | -€364 | -13.0% |
| Financial charges | 65/66B | €9,839 | €14,436 | +€4,597 | +46.7% |
| Recurring financial charges | 65 | €9,839 | €14,436 | +€4,597 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €60,327 | €117,373 | +€57,046 | +94.6% |
| Transfer to deferred taxes | 680 | - | €6,400 | +€6,400 | |
| Income taxes | 67/77 | €18,602 | €21,103 | +€2,501 | +13.4% |
| Profit (loss) for the period | 9904 | €41,725 | €89,870 | +€48,145 | +115% |
| Transfer to tax-exempt reserves | 689 | - | €25,600 | +€25,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,725 | €64,270 | +€22,545 | +54.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.