resolut.: 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.
resolut.
Largest movements
- Cash -€255,325
down €255,325 (-44.0%), from €580,513 to €325,189
mainly Other debts (-€500,371) and Contributions, distributions and other (-€363,000)
- Receivables within one year -€88,291
down €88,291 (-15.8%), from €559,748 to €471,457
of which Trade receivables: -€88,876
- Other debts -€500,371
down €500,371 (-58.0%), from €863,371 to €363,000
- Trade debts +€186,615
up €186,615 (+103%), from €180,312 to €366,927
- Tax, wage and social debts -€28,357
down €28,357 (-28.5%), from €99,507 to €71,151
of which Taxes: -€21,102
- Gross operating margin -€370,125
down €370,125 (-43.7%), from €846,508 to €476,383
- Staff costs -€11,914
down €11,914 (-10.8%), from €110,729 to €98,814
- Other operating charges -€9,061
down €9,061 (-56.6%), from €16,008 to €6,947
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 | €1,152,565 | €809,944 | -€342,621 | -29.7% |
| Fixed assets | 21/28 | €8,155 | €3,539 | -€4,616 | -56.6% |
| Intangible fixed assets | 21 | €3,196 | €0 | -€3,196 | -100% |
| Tangible fixed assets | 22/27 | €4,959 | €3,539 | -€1,420 | -28.6% |
| Furniture and vehicles | 24 | €4,959 | €3,539 | -€1,420 | -28.6% |
| Current assets | 29/58 | €1,144,410 | €806,405 | -€338,005 | -29.5% |
| Amounts receivable within one year | 40/41 | €559,748 | €471,457 | -€88,291 | -15.8% |
| Trade receivables | 40 | €559,068 | €470,191 | -€88,876 | -15.9% |
| Other amounts receivable | 41 | €680 | €1,266 | +€586 | +86.1% |
| Cash at bank and in hand | 54/58 | €580,513 | €325,189 | -€255,325 | -44.0% |
| Deferred charges and accrued income | 490/1 | €4,149 | €9,759 | +€5,610 | +135% |
| Total equity and liabilities | 10/49 | €1,152,565 | €809,944 | -€342,621 | -29.7% |
| Equity | 10/15 | €5,777 | €5,892 | +€115 | +2.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,777 | €2,892 | +€115 | +4.1% |
| Distributable reserves | 133 | €2,777 | €2,892 | +€115 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,146,788 | €804,052 | -€342,736 | -29.9% |
| Amounts payable within one year | 42/48 | €1,143,587 | €804,052 | -€339,535 | -29.7% |
| Financial debts | 43 | €396 | €2,974 | +€2,578 | +651% |
| Credit institutions | 430/8 | - | €2,593 | +€2,593 | |
| Other loans | 439 | €396 | €381 | -€15 | -3.7% |
| Trade debts | 44 | €180,312 | €366,927 | +€186,615 | +103% |
| Suppliers | 440/4 | €180,312 | €366,927 | +€186,615 | +103% |
| Taxes, remuneration and social security | 45 | €99,507 | €71,151 | -€28,357 | -28.5% |
| Taxes | 450/3 | €80,786 | €59,684 | -€21,102 | -26.1% |
| Remuneration and social security | 454/9 | €18,722 | €11,467 | -€7,255 | -38.8% |
| Other amounts payable | 47/48 | €863,371 | €363,000 | -€500,371 | -58.0% |
| Accrued charges and deferred income | 492/3 | €3,201 | €0 | -€3,201 | -100% |
| Remuneration, social security and pensions | 62 | €110,729 | €98,814 | -€11,914 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,878 | €6,946 | -€932 | -11.8% |
| Other operating charges | 640/8 | €16,008 | €6,947 | -€9,061 | -56.6% |
| Gross operating margin | 9900 | €846,508 | €476,383 | -€370,125 | -43.7% |
| Operating profit (loss) | 9901 | €711,892 | €363,675 | -€348,217 | -48.9% |
| Financial income | 75/76B | €1,466 | €838 | -€628 | -42.9% |
| Recurring financial income | 75 | €1,466 | €838 | -€628 | -42.9% |
| Financial charges | 65/66B | €233 | €224 | -€9 | -3.7% |
| Recurring financial charges | 65 | €233 | €224 | -€9 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €713,125 | €364,289 | -€348,837 | -48.9% |
| Income taxes | 67/77 | €1,876 | €1,174 | -€702 | -37.4% |
| Profit (loss) for the period | 9904 | €711,250 | €363,115 | -€348,134 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €711,250 | €363,115 | -€348,134 | -48.9% |
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 28 October 2026 via checked.be.