RESOLUUT: 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.
RESOLUUT
Largest movements
- Cash +€39,831
up €39,831 (+70.9%), from €56,149 to €95,980
mainly Net result for the year (+€36,597) and Receivables within one year (+€35,601)
- Receivables within one year -€35,601
down €35,601 (-81.6%), from €43,621 to €8,020
- Tangible fixed assets +€33,807
up €33,807 (+7.7%), from €437,883 to €471,690
of which Furniture and vehicles: +€51,792
- Reserves +€36,597
up €36,597 (+27.2%), from €134,335 to €170,932
- Other debts -€10,551
down €10,551 (-43.0%), from €24,521 to €13,971
- Current portion of long-term debt +€8,719
up €8,719 (+30.3%), from €28,743 to €37,462
- Gross operating margin +€16,952
up €16,952 (+19.9%), from €85,372 to €102,324
- Taxes +€5,053
up €5,053 (+36.1%), from €13,989 to €19,042
- Depreciation +€3,514
up €3,514 (+12.1%), from €29,134 to €32,648
- Financial charges -€1,217
down €1,217 (-9.3%), from €13,042 to €11,824
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 | €539,427 | €577,432 | +€38,005 | +7.0% |
| Fixed assets | 21/28 | €437,883 | €471,690 | +€33,807 | +7.7% |
| Tangible fixed assets | 22/27 | €437,883 | €471,690 | +€33,807 | +7.7% |
| Land and buildings | 22 | €395,299 | €377,185 | -€18,114 | -4.6% |
| Plant, machinery and equipment | 23 | €10,551 | €10,680 | +€129 | +1.2% |
| Furniture and vehicles | 24 | €32,032 | €83,825 | +€51,792 | +162% |
| Current assets | 29/58 | €101,544 | €105,742 | +€4,198 | +4.1% |
| Amounts receivable within one year | 40/41 | €43,621 | €8,020 | -€35,601 | -81.6% |
| Trade receivables | 40 | €43,621 | €8,020 | -€35,601 | -81.6% |
| Cash at bank and in hand | 54/58 | €56,149 | €95,980 | +€39,831 | +70.9% |
| Deferred charges and accrued income | 490/1 | €1,774 | €1,742 | -€32 | -1.8% |
| Total equity and liabilities | 10/49 | €539,427 | €577,432 | +€38,005 | +7.0% |
| Equity | 10/15 | €266,735 | €303,332 | +€36,597 | +13.7% |
| Contributions | 10/11 | €132,400 | €132,400 | = | 0.0% |
| Reserves | 13 | €134,335 | €170,932 | +€36,597 | +27.2% |
| Distributable reserves | 133 | €134,335 | €170,932 | +€36,597 | +27.2% |
| Amounts payable | 17/49 | €272,692 | €274,100 | +€1,408 | +0.5% |
| Amounts payable after more than one year | 17 | €202,001 | €204,423 | +€2,423 | +1.2% |
| Financial debts | 170/4 | €202,001 | €204,423 | +€2,423 | +1.2% |
| Amounts payable within one year | 42/48 | €67,541 | €67,644 | +€104 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €28,743 | €37,462 | +€8,719 | +30.3% |
| Trade debts | 44 | €1,093 | €1,588 | +€495 | +45.3% |
| Suppliers | 440/4 | €1,093 | €1,588 | +€495 | +45.3% |
| Taxes, remuneration and social security | 45 | €13,184 | €14,623 | +€1,440 | +10.9% |
| Taxes | 450/3 | €13,184 | €13,683 | +€499 | +3.8% |
| Remuneration and social security | 454/9 | - | €940 | +€940 | |
| Other amounts payable | 47/48 | €24,521 | €13,971 | -€10,551 | -43.0% |
| Accrued charges and deferred income | 492/3 | €3,151 | €2,033 | -€1,118 | -35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,134 | €32,648 | +€3,514 | +12.1% |
| Other operating charges | 640/8 | €2,341 | €2,213 | -€128 | -5.5% |
| Gross operating margin | 9900 | €85,372 | €102,324 | +€16,952 | +19.9% |
| Operating profit (loss) | 9901 | €53,897 | €67,463 | +€13,566 | +25.2% |
| Financial charges | 65/66B | €13,042 | €11,824 | -€1,217 | -9.3% |
| Recurring financial charges | 65 | €13,042 | €11,824 | -€1,217 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €40,855 | €55,639 | +€14,784 | +36.2% |
| Income taxes | 67/77 | €13,989 | €19,042 | +€5,053 | +36.1% |
| Profit (loss) for the period | 9904 | €26,866 | €36,597 | +€9,731 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,866 | €36,597 | +€9,731 | +36.2% |
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 19 October 2026 via checked.be.