RW 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.
RW Solutions
Largest movements
- Tangible fixed assets +€23,497
up €23,497 (+746.9%), from €3,146 to €26,643
of which Furniture and vehicles: +€24,929
- Cash +€20,000
up €20,000 (+81.9%), from €24,415 to €44,415
mainly Net result for the year (+€41,034) and Other debts (+€9,479)
- Receivables within one year +€18,654
up €18,654 (+171.8%), from €10,859 to €29,513
of which Trade receivables: +€19,938
- Reserves +€40,200
up €40,200 (+182.7%), from €22,000 to €62,200
- Other debts +€9,479
up €9,479 (+1103.4%), from €859 to €10,338
- Tax, wage and social debts +€8,828
up €8,828 (+64.5%), from €13,687 to €22,515
- Trade debts +€3,976
up €3,976 (+450.3%), from €883 to €4,859
- Gross operating margin +€35,531
up €35,531 (+90.0%), from €39,491 to €75,023
- Taxes +€8,071
up €8,071 (+85.7%), from €9,421 to €17,493
- Depreciation +€7,124
up €7,124 (+619.8%), from €1,149 to €8,273
- Other operating charges +€1,522
up €1,522 (+25.1%), from €6,050 to €7,572
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 | €38,460 | €101,312 | +€62,852 | +163.4% |
| Fixed assets | 21/28 | €3,146 | €26,643 | +€23,497 | +746.9% |
| Tangible fixed assets | 22/27 | €3,146 | €26,643 | +€23,497 | +746.9% |
| Plant, machinery and equipment | 23 | €3,146 | €1,714 | -€1,432 | -45.5% |
| Furniture and vehicles | 24 | - | €24,929 | +€24,929 | |
| Current assets | 29/58 | €35,314 | €74,669 | +€39,355 | +111.4% |
| Amounts receivable within one year | 40/41 | €10,859 | €29,513 | +€18,654 | +171.8% |
| Trade receivables | 40 | €9,575 | €29,513 | +€19,938 | +208.2% |
| Other amounts receivable | 41 | €1,284 | €0 | -€1,284 | -100.0% |
| Cash at bank and in hand | 54/58 | €24,415 | €44,415 | +€20,000 | +81.9% |
| Deferred charges and accrued income | 490/1 | €40 | €741 | +€701 | +1747.4% |
| Total equity and liabilities | 10/49 | €38,460 | €101,312 | +€62,852 | +163.4% |
| Equity | 10/15 | €23,031 | €63,231 | +€40,201 | +174.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €62,200 | +€40,200 | +182.7% |
| Distributable reserves | 133 | €22,000 | €62,200 | +€40,200 | +182.7% |
| Profit (loss) carried forward | 14 | €31 | €31 | +€1 | +2.3% |
| Amounts payable | 17/49 | €15,429 | €38,080 | +€22,651 | +146.8% |
| Amounts payable within one year | 42/48 | €15,429 | €37,712 | +€22,283 | +144.4% |
| Trade debts | 44 | €883 | €4,859 | +€3,976 | +450.3% |
| Suppliers | 440/4 | €883 | €4,859 | +€3,976 | +450.3% |
| Taxes, remuneration and social security | 45 | €13,687 | €22,515 | +€8,828 | +64.5% |
| Taxes | 450/3 | €13,687 | €22,515 | +€8,828 | +64.5% |
| Other amounts payable | 47/48 | €859 | €10,338 | +€9,479 | +1103.4% |
| Accrued charges and deferred income | 492/3 | - | €369 | +€369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,149 | €8,273 | +€7,124 | +619.8% |
| Other operating charges | 640/8 | €6,050 | €7,572 | +€1,522 | +25.1% |
| Gross operating margin | 9900 | €39,491 | €75,023 | +€35,531 | +90.0% |
| Operating profit (loss) | 9901 | €32,292 | €59,178 | +€26,886 | +83.3% |
| Financial income | 75/76B | €40 | €6 | -€35 | -86.2% |
| Recurring financial income | 75 | €40 | €6 | -€35 | -86.2% |
| Financial charges | 65/66B | €21 | €657 | +€637 | +3067.9% |
| Recurring financial charges | 65 | €21 | €657 | +€637 | +3067.9% |
| Profit (loss) for the period before taxes | 9903 | €32,311 | €58,526 | +€26,215 | +81.1% |
| Income taxes | 67/77 | €9,421 | €17,493 | +€8,071 | +85.7% |
| Profit (loss) for the period | 9904 | €22,890 | €41,034 | +€18,144 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,890 | €41,034 | +€18,144 | +79.3% |
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 10 October 2026 via checked.be.