POSITIVE 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.
POSITIVE SOLUTIONS
Largest movements
- Receivables within one year -€70,881
down €70,881 (-96.3%), from €73,597 to €2,716
of which Trade receivables: -€51,047
- Cash +€46,809
up €46,809 (+1246.0%), from €3,757 to €50,566
- Tangible fixed assets +€19,119
up €19,119 (+67.5%), from €28,326 to €47,445
of which Furniture and vehicles: +€29,192
- Other debts +€74,085
up €74,085 (+5.7%), from €1.3m to €1.4m
- Profit (loss) carried forward -€64,105
down €64,105 (-11.6%), from -€553,943 to -€618,049
- Trade debts -€21,866
down €21,866 (-36.0%), from €60,729 to €38,863
- Gross operating margin +€105,873
up €105,873 (+96.5%), from -€109,703 to -€3,831
- Financial charges -€4,286
down €4,286 (-77.0%), from €5,569 to €1,283
- Depreciation -€2,403
down €2,403 (-17.4%), from €13,813 to €11,410
- Other operating charges +€1,785
up €1,785 (+346.3%), from €515 to €2,300
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €825,410 | €818,342 | -€7,067 | -0.9% |
| Fixed assets | 21/28 | €744,569 | €763,687 | +€19,119 | +2.6% |
| Tangible fixed assets | 22/27 | €28,326 | €47,445 | +€19,119 | +67.5% |
| Furniture and vehicles | 24 | €10,836 | €40,028 | +€29,192 | +269.4% |
| Other tangible fixed assets | 26 | €17,490 | €7,417 | -€10,074 | -57.6% |
| Financial fixed assets | 28 | €716,243 | €716,243 | = | 0.0% |
| Current assets | 29/58 | €80,841 | €54,655 | -€26,186 | -32.4% |
| Amounts receivable within one year | 40/41 | €73,597 | €2,716 | -€70,881 | -96.3% |
| Trade receivables | 40 | €53,164 | €2,118 | -€51,047 | -96.0% |
| Other amounts receivable | 41 | €20,432 | €598 | -€19,834 | -97.1% |
| Cash at bank and in hand | 54/58 | €3,757 | €50,566 | +€46,809 | +1246.0% |
| Deferred charges and accrued income | 490/1 | €3,488 | €1,373 | -€2,115 | -60.6% |
| Total equity and liabilities | 10/49 | €825,410 | €818,342 | -€7,067 | -0.9% |
| Equity | 10/15 | -€540,543 | -€604,649 | -€64,105 | -11.9% |
| Contributions | 10/11 | €12,400 | €13,400 | +€1,000 | +8.1% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Uncalled capital | 101 | €6,150 | - | -€6,150 | |
| Reserves | 13 | €1,000 | - | -€1,000 | |
| Non-distributable reserves | 130/1 | €1,000 | - | -€1,000 | |
| Legal reserve | 130 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | -€553,943 | -€618,049 | -€64,105 | -11.6% |
| Amounts payable | 17/49 | €1,365,953 | €1,422,991 | +€57,038 | +4.2% |
| Amounts payable within one year | 42/48 | €1,365,953 | €1,417,574 | +€51,621 | +3.8% |
| Financial debts | 43 | €474 | - | -€474 | |
| Credit institutions | 430/8 | €474 | - | -€474 | |
| Trade debts | 44 | €60,729 | €38,863 | -€21,866 | -36.0% |
| Suppliers | 440/4 | €60,729 | €38,863 | -€21,866 | -36.0% |
| Taxes, remuneration and social security | 45 | €405 | €282 | -€123 | -30.4% |
| Taxes | 450/3 | €405 | €282 | -€123 | -30.4% |
| Other amounts payable | 47/48 | €1,304,344 | €1,378,429 | +€74,085 | +5.7% |
| Accrued charges and deferred income | 492/3 | - | €5,417 | +€5,417 | |
| Remuneration, social security and pensions | 62 | €959 | €1,094 | +€134 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,813 | €11,410 | -€2,403 | -17.4% |
| Other operating charges | 640/8 | €515 | €2,300 | +€1,785 | +346.3% |
| Gross operating margin | 9900 | -€109,703 | -€3,831 | +€105,873 | +96.5% |
| Operating profit (loss) | 9901 | -€124,991 | -€18,634 | +€106,357 | +85.1% |
| Financial charges | 65/66B | €5,569 | €1,283 | -€4,286 | -77.0% |
| Recurring financial charges | 65 | €5,569 | €1,283 | -€4,286 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | -€130,560 | -€19,917 | +€110,643 | +84.7% |
| Income taxes | 67/77 | €356 | €403 | +€46 | +13.0% |
| Profit (loss) for the period | 9904 | -€130,916 | -€20,320 | +€110,597 | +84.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€130,916 | -€20,320 | +€110,597 | +84.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.