PAYROLL 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.
PAYROLL SOLUTIONS
Largest movements
- Financial fixed assets -€74,450
down €74,450 (-98.3%), from €75,700 to €1,250
- Cash +€3,190
up €3,190 (+2,582%), from €124 to €3,313
mainly Investment in fixed assets (net) (+€71,038) and Net result for the year (+€40,400)
- Other debts -€74,131
down €74,131 (-28.4%), from €261,059 to €186,928
- Profit (loss) carried forward +€40,400
up €40,400 (+23.1%), from -€174,709 to -€134,310
- Tax, wage and social debts -€29,679
down €29,679 (-98.2%), from €30,218 to €539
of which Taxes: -€29,525
- Current portion of long-term debt -€6,280
down €6,280 (-26.5%), from €23,658 to €17,379
- Trade debts -€2,306
down €2,306 (-15.9%), from €14,475 to €12,170
- Staff costs -€26,246
down €26,246 (-9.2%), from €284,411 to €258,166
- Gross operating margin -€6,233
down €6,233 (-2.0%), from €310,746 to €304,512
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 | €173,252 | €101,255 | -€71,997 | -41.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €103,846 | €29,121 | -€74,725 | -72.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €28,146 | €27,871 | -€275 | -1.0% |
| Land and buildings | 22 | €1,447 | €1,085 | -€362 | -25.0% |
| Plant, machinery and equipment | 23 | €1,483 | €1,323 | -€160 | -10.8% |
| Furniture and vehicles | 24 | €25,215 | €25,462 | +€247 | +1.0% |
| Financial fixed assets | 28 | €75,700 | €1,250 | -€74,450 | -98.3% |
| Current assets | 29/58 | €69,406 | €72,134 | +€2,728 | +3.9% |
| Amounts receivable within one year | 40/41 | €60,532 | €60,071 | -€462 | -0.8% |
| Trade receivables | 40 | €60,532 | €55,630 | -€4,902 | -8.1% |
| Other amounts receivable | 41 | €0 | €4,440 | +€4,440 | |
| Current investments | 50/53 | €8,750 | €8,750 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €124 | €3,313 | +€3,190 | +2,582% |
| Total equity and liabilities | 10/49 | €173,252 | €101,255 | -€71,997 | -41.6% |
| Equity | 10/15 | -€156,159 | -€115,760 | +€40,400 | +25.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | - | -€18,550 | |
| Share premium | 1100/10 | €18,550 | - | -€18,550 | |
| Profit (loss) carried forward | 14 | -€174,709 | -€134,310 | +€40,400 | +23.1% |
| Amounts payable | 17/49 | €329,411 | €217,015 | -€112,396 | -34.1% |
| Amounts payable within one year | 42/48 | €329,411 | €217,015 | -€112,396 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €23,658 | €17,379 | -€6,280 | -26.5% |
| Trade debts | 44 | €14,475 | €12,170 | -€2,306 | -15.9% |
| Suppliers | 440/4 | €14,475 | €12,170 | -€2,306 | -15.9% |
| Taxes, remuneration and social security | 45 | €30,218 | €539 | -€29,679 | -98.2% |
| Taxes | 450/3 | €30,064 | €539 | -€29,525 | -98.2% |
| Remuneration and social security | 454/9 | €154 | - | -€154 | |
| Other amounts payable | 47/48 | €261,059 | €186,928 | -€74,131 | -28.4% |
| Remuneration, social security and pensions | 62 | €284,411 | €258,166 | -€26,246 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,280 | €3,687 | -€594 | -13.9% |
| Other operating charges | 640/8 | €1,858 | €1,003 | -€854 | -46.0% |
| Gross operating margin | 9900 | €310,746 | €304,512 | -€6,233 | -2.0% |
| Operating profit (loss) | 9901 | €20,196 | €41,657 | +€21,461 | +106% |
| Financial income | 75/76B | - | €162 | +€162 | |
| Recurring financial income | 75 | - | €162 | +€162 | |
| Financial charges | 65/66B | €2,193 | €1,133 | -€1,060 | -48.3% |
| Recurring financial charges | 65 | €2,193 | €1,133 | -€1,060 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €18,004 | €40,687 | +€22,683 | +126% |
| Income taxes | 67/77 | €783 | €287 | -€496 | -63.3% |
| Profit (loss) for the period | 9904 | €17,220 | €40,400 | +€23,179 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €17,220 | €40,400 | +€23,179 | +135% |
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 14 October 2026 via checked.be.