S-SOLUTIONS BELGIUM: what changed
S-SOLUTIONS BELGIUM
Largest movements
- Receivables within one year +€31,087
up €31,087 (+92.2%), from €33,713 to €64,800
of which Other amounts receivable: +€28,889
- Financial fixed assets -€27,635
down €27,635 (-58.1%), from €47,598 to €19,963
- Tangible fixed assets -€24,986
down €24,986 (-24.0%), from €103,981 to €78,996
of which Other tangible fixed assets: -€14,015
- Cash +€24,586
up €24,586 (+117%), from €20,965 to €45,551
mainly Net result for the year (+€53,356) and Investment in fixed assets (net) (+€31,126)
- Current investments -€13,224
down €13,224 (-91.2%), from €14,500 to €1,276
- Other debts -€23,701
down €23,701 (-49.0%), from €48,368 to €24,667
- Tax, wage and social debts +€12,171
up €12,171 (+45.0%), from €27,035 to €39,206
of which Taxes: +€12,171
- Gross operating margin +€28,127
up €28,127 (+29.7%), from €94,670 to €122,797
- Financial charges +€21,847
up €21,847 (+299%), from €7,302 to €29,149
of which Financial charges: +€20,857
- Taxes +€8,750
up €8,750 (+69.0%), from €12,682 to €21,432
- Financial income +€7,890
up €7,890 (+292%), from €2,697 to €10,587
- Other operating charges +€3,211
up €3,211 (+113%), from €2,845 to €6,056
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €234,333 | €221,343 | -€12,990 | -5.5% |
| Fixed assets | 21/28 | €158,271 | €103,753 | -€54,518 | -34.4% |
| Intangible fixed assets | 21 | €6,692 | €4,795 | -€1,898 | -28.4% |
| Tangible fixed assets | 22/27 | €103,981 | €78,996 | -€24,986 | -24.0% |
| Plant, machinery and equipment | 23 | €9,433 | €5,403 | -€4,030 | -42.7% |
| Furniture and vehicles | 24 | €63,379 | €56,438 | -€6,941 | -11.0% |
| Other tangible fixed assets | 26 | €31,169 | €17,155 | -€14,015 | -45.0% |
| Financial fixed assets | 28 | €47,598 | €19,963 | -€27,635 | -58.1% |
| Current assets | 29/58 | €76,061 | €117,590 | +€41,529 | +54.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €33,713 | €64,800 | +€31,087 | +92.2% |
| Trade receivables | 40 | €24,160 | €26,358 | +€2,199 | +9.1% |
| Other amounts receivable | 41 | €9,553 | €38,442 | +€28,889 | +302% |
| Current investments | 50/53 | €14,500 | €1,276 | -€13,224 | -91.2% |
| Cash at bank and in hand | 54/58 | €20,965 | €45,551 | +€24,586 | +117% |
| Deferred charges and accrued income | 490/1 | €6,884 | €5,963 | -€921 | -13.4% |
| Total equity and liabilities | 10/49 | €234,333 | €221,343 | -€12,990 | -5.5% |
| Equity | 10/15 | €155,044 | €154,399 | -€644 | -0.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €152,044 | €151,399 | -€644 | -0.4% |
| Distributable reserves | 133 | €152,044 | €151,399 | -€644 | -0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €79,289 | €66,943 | -€12,345 | -15.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €79,097 | €66,760 | -€12,337 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,693 | €2,886 | -€807 | -21.9% |
| Suppliers | 440/4 | €3,693 | €2,886 | -€807 | -21.9% |
| Taxes, remuneration and social security | 45 | €27,035 | €39,206 | +€12,171 | +45.0% |
| Taxes | 450/3 | €27,035 | €39,206 | +€12,171 | +45.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €48,368 | €24,667 | -€23,701 | -49.0% |
| Accrued charges and deferred income | 492/3 | €192 | €184 | -€8 | -4.3% |
| Non-recurring operating income | 76A | - | €3,202 | +€3,202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,028 | €23,392 | +€1,364 | +6.2% |
| Other operating charges | 640/8 | €2,845 | €6,056 | +€3,211 | +113% |
| Non-recurring operating charges | 66A | €2,054 | €0 | -€2,054 | -100% |
| Gross operating margin | 9900 | €94,670 | €122,797 | +€28,127 | +29.7% |
| Operating profit (loss) | 9901 | €67,743 | €93,349 | +€25,605 | +37.8% |
| Financial income | 75/76B | €2,697 | €10,587 | +€7,890 | +292% |
| Recurring financial income | 75 | €2,697 | €10,587 | +€7,890 | +292% |
| Financial charges | 65/66B | €7,302 | €29,149 | +€21,847 | +299% |
| Recurring financial charges | 65 | €7,302 | €28,159 | +€20,857 | +286% |
| Non-recurring financial charges | 66B | - | €990 | +€990 | |
| Profit (loss) for the period before taxes | 9903 | €63,139 | €74,787 | +€11,649 | +18.4% |
| Income taxes | 67/77 | €12,682 | €21,432 | +€8,750 | +69.0% |
| Profit (loss) for the period | 9904 | €50,457 | €53,356 | +€2,899 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,457 | €53,356 | +€2,899 | +5.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.