Pure Solution: what changed
Pure Solution
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-86.2%), from €1.3m to €178,912
of which Other amounts receivable: -€1.1m
- Cash -€248,012
no longer reported in 2025 (was €248,012)
mainly Short-term financial debts (-€3.8m) and Other debts (-€710,109)
- Short-term financial debts -€3.8m
down €3.8m (-41.2%), from €9.3m to €5.4m
- Debts after one year +€2.4m
up €2.4m (+165%), from €1.5m to €3.9m
of which Financial debts: +€3.9m
- Reserves +€750,000
new in 2025: €750,000
- Other debts -€710,109
down €710,109 (-98.0%), from €724,339 to €14,230
- Financial income +€1.6m
up €1.6m (+6,553%), from €24,177 to €1.6m
- Financial charges +€588,714
up €588,714 (+2,572%), from €22,886 to €611,600
- Gross operating margin -€188,534
down €188,534, from €11,532 to -€177,002
- Depreciation +€25,776
up €25,776 (+341%), from €7,551 to €33,327
- Other operating charges +€18,140
up €18,140 (+181,400%), from €10 to €18,150
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,518,363 | €10,133,324 | -€1.4m | -12.0% |
| Formation expenses | 20 | €325,718 | €292,391 | -€33,327 | -10.2% |
| Fixed assets | 21/28 | €9,623,494 | €9,623,494 | = | 0.0% |
| Financial fixed assets | 28 | €9,623,494 | €9,623,494 | = | 0.0% |
| Current assets | 29/58 | €1,569,152 | €217,440 | -€1.4m | -86.1% |
| Amounts receivable within one year | 40/41 | €1,296,962 | €178,912 | -€1.1m | -86.2% |
| Trade receivables | 40 | €41,027 | - | -€41,027 | |
| Other amounts receivable | 41 | €1,255,935 | €178,912 | -€1.1m | -85.8% |
| Cash at bank and in hand | 54/58 | €248,012 | - | -€248,012 | |
| Deferred charges and accrued income | 490/1 | €24,177 | €38,528 | +€14,351 | +59.4% |
| Total equity and liabilities | 10/49 | €11,518,363 | €10,133,324 | -€1.4m | -12.0% |
| Equity | 10/15 | €24,458 | €792,232 | +€767,774 | +3,139% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €750,000 | +€750,000 | |
| Distributable reserves | 133 | - | €750,000 | +€750,000 | |
| Profit (loss) carried forward | 14 | €4,458 | €22,232 | +€17,774 | +399% |
| Amounts payable | 17/49 | €11,493,905 | €9,341,093 | -€2.2m | -18.7% |
| Amounts payable after more than one year | 17 | €1,454,941 | €3,850,000 | +€2.4m | +165% |
| Financial debts | 170/4 | - | €3,850,000 | +€3.9m | |
| Other amounts payable | 178/9 | €1,454,941 | - | -€1.5m | |
| Amounts payable within one year | 42/48 | €10,024,733 | €5,468,876 | -€4.6m | -45.4% |
| Financial debts | 43 | €9,250,000 | €5,440,900 | -€3.8m | -41.2% |
| Credit institutions | 430/8 | €9,250,000 | €5,440,900 | -€3.8m | -41.2% |
| Trade debts | 44 | €50,000 | €998 | -€49,002 | -98.0% |
| Suppliers | 440/4 | €50,000 | €998 | -€49,002 | -98.0% |
| Taxes, remuneration and social security | 45 | €394 | €12,748 | +€12,354 | +3,137% |
| Taxes | 450/3 | €394 | €12,748 | +€12,354 | +3,137% |
| Other amounts payable | 47/48 | €724,339 | €14,230 | -€710,109 | -98.0% |
| Accrued charges and deferred income | 492/3 | €14,232 | €22,217 | +€7,985 | +56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,551 | €33,327 | +€25,776 | +341% |
| Other operating charges | 640/8 | €10 | €18,150 | +€18,140 | +181,400% |
| Non-recurring operating charges | 66A | €3,294 | - | -€3,294 | |
| Gross operating margin | 9900 | €11,532 | -€177,002 | -€188,534 | |
| Operating profit (loss) | 9901 | €677 | -€228,479 | -€229,156 | |
| Financial income | 75/76B | €24,177 | €1,608,528 | +€1.6m | +6,553% |
| Recurring financial income | 75 | €24,177 | €1,608,528 | +€1.6m | +6,553% |
| Financial charges | 65/66B | €22,886 | €611,600 | +€588,714 | +2,572% |
| Recurring financial charges | 65 | €22,886 | €611,600 | +€588,714 | +2,572% |
| Profit (loss) for the period before taxes | 9903 | €1,969 | €768,449 | +€766,480 | +38,926% |
| Income taxes | 67/77 | €394 | €675 | +€281 | +71.4% |
| Profit (loss) for the period | 9904 | €1,575 | €767,774 | +€766,199 | +48,639% |
| Profit (loss) for the period to be appropriated | 9905 | €1,575 | €767,774 | +€766,199 | +48,639% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.