Rsolutions: 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.
Rsolutions
Largest movements
- Receivables after one year +€77,308
up €77,308 (+66.5%), from €116,248 to €193,556
- Tangible fixed assets -€14,027
down €14,027 (-40.8%), from €34,407 to €20,381
- Receivables within one year +€11,974
up €11,974 (+256.0%), from €4,678 to €16,652
of which Trade receivables: +€15,682
- Cash -€5,521
no longer reported in 2025 (was €5,521)
mainly Receivables after one year (-€77,308) and Contributions, distributions and other (-€70,000)
- Other debts +€75,000
new in 2025: €75,000
- Reserves -€19,225
down €19,225 (-18.1%), from €106,380 to €87,155
- Current portion of long-term debt +€12,980
up €12,980 (+179.6%), from €7,228 to €20,208
- Debts after one year -€7,659
down €7,659 (-33.4%), from €22,903 to €15,245
- Short-term financial debts +€3,694
new in 2025: €3,694
- Depreciation -€6,474
down €6,474 (-60.7%), from €10,671 to €4,197
- Other operating charges +€2,788
up €2,788 (+110.4%), from €2,525 to €5,313
- Financial charges -€1,374
down €1,374 (-39.2%), from €3,503 to €2,129
- Taxes -€1,000
down €1,000 (-6.7%), from €15,030 to €14,030
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.
Cash bridge derived
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 | €162,758 | €231,483 | +€68,724 | +42.2% |
| Fixed assets | 21/28 | €34,407 | €20,381 | -€14,027 | -40.8% |
| Tangible fixed assets | 22/27 | €34,407 | €20,381 | -€14,027 | -40.8% |
| Furniture and vehicles | 24 | €34,407 | €20,381 | -€14,027 | -40.8% |
| Current assets | 29/58 | €128,351 | €211,102 | +€82,751 | +64.5% |
| Amounts receivable after more than one year | 29 | €116,248 | €193,556 | +€77,308 | +66.5% |
| Other amounts receivable | 291 | €116,248 | €193,556 | +€77,308 | +66.5% |
| Amounts receivable within one year | 40/41 | €4,678 | €16,652 | +€11,974 | +256.0% |
| Trade receivables | 40 | - | €15,682 | +€15,682 | |
| Other amounts receivable | 41 | €4,678 | €970 | -€3,708 | -79.3% |
| Cash at bank and in hand | 54/58 | €5,521 | - | -€5,521 | |
| Deferred charges and accrued income | 490/1 | €1,904 | €894 | -€1,010 | -53.0% |
| Total equity and liabilities | 10/49 | €162,758 | €231,483 | +€68,724 | +42.2% |
| Equity | 10/15 | €108,380 | €89,155 | -€19,225 | -17.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €106,380 | €87,155 | -€19,225 | -18.1% |
| Distributable reserves | 133 | €106,380 | €87,155 | -€19,225 | -18.1% |
| Amounts payable | 17/49 | €54,378 | €142,328 | +€87,950 | +161.7% |
| Amounts payable after more than one year | 17 | €22,903 | €15,245 | -€7,659 | -33.4% |
| Trade debts | 175 | €22,903 | €15,245 | -€7,659 | -33.4% |
| Amounts payable within one year | 42/48 | €30,670 | €124,365 | +€93,695 | +305.5% |
| Current portion of amounts payable after more than one year | 42 | €7,228 | €20,208 | +€12,980 | +179.6% |
| Financial debts | 43 | - | €3,694 | +€3,694 | |
| Credit institutions | 430/8 | - | €3,694 | +€3,694 | |
| Trade debts | 44 | €4,225 | €4,630 | +€405 | +9.6% |
| Suppliers | 440/4 | €4,225 | €4,630 | +€405 | +9.6% |
| Taxes, remuneration and social security | 45 | €19,217 | €20,832 | +€1,616 | +8.4% |
| Taxes | 450/3 | €19,217 | €20,832 | +€1,616 | +8.4% |
| Other amounts payable | 47/48 | - | €75,000 | +€75,000 | |
| Accrued charges and deferred income | 492/3 | €805 | €2,718 | +€1,913 | +237.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,671 | €4,197 | -€6,474 | -60.7% |
| Other operating charges | 640/8 | €2,525 | €5,313 | +€2,788 | +110.4% |
| Gross operating margin | 9900 | €75,688 | €76,443 | +€755 | +1.0% |
| Operating profit (loss) | 9901 | €62,492 | €66,934 | +€4,441 | +7.1% |
| Financial charges | 65/66B | €3,503 | €2,129 | -€1,374 | -39.2% |
| Recurring financial charges | 65 | €3,503 | €2,129 | -€1,374 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €58,989 | €64,805 | +€5,815 | +9.9% |
| Income taxes | 67/77 | €15,030 | €14,030 | -€1,000 | -6.7% |
| Profit (loss) for the period | 9904 | €43,959 | €50,775 | +€6,815 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,959 | €50,775 | +€6,815 | +15.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.