REGULATORY 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.
REGULATORY SOLUTIONS
Largest movements
- Receivables within one year +€508,764
up €508,764 (+1,597%), from €31,850 to €540,614
of which Other amounts receivable: +€509,589
- Cash -€444,760
down €444,760 (-82.0%), from €542,499 to €97,739
mainly Receivables within one year (-€508,764) and Net result for the year (-€13,148)
- Tangible fixed assets -€87,490
down €87,490 (-16.5%), from €530,970 to €443,480
- Reserves -€29,000
down €29,000 (-47.7%), from €60,797 to €31,797
of which Tax-exempt reserves: -€29,000
- Profit (loss) carried forward +€15,852
up €15,852 (+1.6%), from €1.0m to €1.0m
- Purchases and services -€7,338
down €7,338 (-19.1%), from €38,407 to €31,069
- Gross operating margin +€5,450
up €5,450 (+10.3%), from €53,079 to €58,529
- Turnover +€2,693
up €2,693 (+3.1%), from €86,904 to €89,597
- Financial income +€984
up €984 (+11.4%), from €8,638 to €9,622
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,105,319 | €1,081,833 | -€23,486 | -2.1% |
| Fixed assets | 21/28 | €530,970 | €443,480 | -€87,490 | -16.5% |
| Tangible fixed assets | 22/27 | €530,970 | €443,480 | -€87,490 | -16.5% |
| Land and buildings | 22 | €280,000 | €240,000 | -€40,000 | -14.3% |
| Plant, machinery and equipment | 23 | €174,048 | €149,415 | -€24,633 | -14.2% |
| Furniture and vehicles | 24 | €76,922 | €54,065 | -€22,857 | -29.7% |
| Current assets | 29/58 | €574,349 | €638,353 | +€64,004 | +11.1% |
| Amounts receivable within one year | 40/41 | €31,850 | €540,614 | +€508,764 | +1,597% |
| Trade receivables | 40 | €825 | - | -€825 | |
| Other amounts receivable | 41 | €31,025 | €540,614 | +€509,589 | +1,643% |
| Cash at bank and in hand | 54/58 | €542,499 | €97,739 | -€444,760 | -82.0% |
| Total equity and liabilities | 10/49 | €1,105,319 | €1,081,833 | -€23,486 | -2.1% |
| Equity | 10/15 | €1,091,067 | €1,077,919 | -€13,148 | -1.2% |
| Contributions | 10/11 | €29,975 | €29,975 | = | 0.0% |
| Capital | 10 | €29,975 | €29,975 | = | 0.0% |
| Issued capital | 100 | €29,975 | €29,975 | = | 0.0% |
| Reserves | 13 | €60,797 | €31,797 | -€29,000 | -47.7% |
| Non-distributable reserves | 130/1 | €31,797 | €31,797 | = | 0.0% |
| Legal reserve | 130 | €31,797 | €31,797 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,000 | - | -€29,000 | |
| Profit (loss) carried forward | 14 | €1,000,295 | €1,016,147 | +€15,852 | +1.6% |
| Provisions and deferred taxes | 16 | €10,000 | - | -€10,000 | |
| Deferred taxes | 168 | €10,000 | - | -€10,000 | |
| Amounts payable | 17/49 | €4,252 | €3,914 | -€338 | -7.9% |
| Amounts payable within one year | 42/48 | €4,252 | €3,914 | -€338 | -7.9% |
| Trade debts | 44 | €4,252 | €3,914 | -€338 | -7.9% |
| Suppliers | 440/4 | €4,252 | €1,414 | -€2,838 | -66.7% |
| Bills of exchange payable | 441 | - | €2,500 | +€2,500 | |
| Turnover | 70 | €86,904 | €89,597 | +€2,693 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,407 | €31,069 | -€7,338 | -19.1% |
| Remuneration, social security and pensions | 62 | €292 | €998 | +€706 | +242% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,033 | €89,878 | +€845 | +0.9% |
| Gross operating margin | 9900 | €53,079 | €58,529 | +€5,450 | +10.3% |
| Operating profit (loss) | 9901 | -€36,246 | -€32,347 | +€3,899 | +10.8% |
| Financial income | 75/76B | €8,638 | €9,622 | +€984 | +11.4% |
| Recurring financial income | 75 | €8,638 | €9,622 | +€984 | +11.4% |
| Financial charges | 65/66B | €638 | €423 | -€215 | -33.7% |
| Recurring financial charges | 65 | €638 | €423 | -€215 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,246 | -€23,148 | +€5,098 | +18.0% |
| Transfer from deferred taxes | 780 | €11,678 | €10,000 | -€1,678 | -14.4% |
| Profit (loss) for the period | 9904 | -€16,568 | -€13,148 | +€3,420 | +20.6% |
| Transfer from tax-exempt reserves | 789 | €36,113 | €29,000 | -€7,113 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,545 | €15,852 | -€3,693 | -18.9% |
Source: filed annual accounts (NBB), financial years ended 31 July 2025 and 31 July 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.