S0lutionS: 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.
S0lutionS
Largest movements
- Cash +€10,604
up €10,604 (+99.8%), from €10,621 to €21,225
mainly Net result for the year (+€14,905) and Depreciation (+€6,906)
- Tangible fixed assets -€6,906
down €6,906 (-47.5%), from €14,548 to €7,642
- Receivables within one year -€2,187
down €2,187 (-2.7%), from €79,968 to €77,781
of which Trade receivables: -€3,937
- Reserves +€14,905
up €14,905 (+29.5%), from €50,539 to €65,444
- Trade debts -€7,575
down €7,575 (-56.5%), from €13,396 to €5,821
- Other debts +€4,154
up €4,154 (+63.3%), from €6,560 to €10,714
- Accrued charges and deferred income -€3,600
no longer reported in 2025 (was €3,600)
- Tax, wage and social debts -€3,519
down €3,519 (-13.4%), from €26,188 to €22,669
- Gross operating margin -€15,007
down €15,007 (-34.0%), from €44,181 to €29,174
- Taxes -€4,062
down €4,062 (-39.0%), from €10,407 to €6,345
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 | €105,137 | €106,648 | +€1,511 | +1.4% |
| Fixed assets | 21/28 | €14,548 | €7,642 | -€6,906 | -47.5% |
| Tangible fixed assets | 22/27 | €14,548 | €7,642 | -€6,906 | -47.5% |
| Furniture and vehicles | 24 | €14,548 | €7,642 | -€6,906 | -47.5% |
| Current assets | 29/58 | €90,589 | €99,006 | +€8,418 | +9.3% |
| Amounts receivable within one year | 40/41 | €79,968 | €77,781 | -€2,187 | -2.7% |
| Trade receivables | 40 | €79,968 | €76,031 | -€3,937 | -4.9% |
| Other amounts receivable | 41 | - | €1,750 | +€1,750 | |
| Cash at bank and in hand | 54/58 | €10,621 | €21,225 | +€10,604 | +99.8% |
| Total equity and liabilities | 10/49 | €105,137 | €106,648 | +€1,511 | +1.4% |
| Equity | 10/15 | €52,539 | €67,444 | +€14,905 | +28.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €50,539 | €65,444 | +€14,905 | +29.5% |
| Distributable reserves | 133 | €50,539 | €65,444 | +€14,905 | +29.5% |
| Amounts payable | 17/49 | €52,597 | €39,204 | -€13,393 | -25.5% |
| Amounts payable within one year | 42/48 | €48,997 | €39,204 | -€9,793 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €2,853 | - | -€2,853 | |
| Trade debts | 44 | €13,396 | €5,821 | -€7,575 | -56.5% |
| Suppliers | 440/4 | €13,396 | €5,821 | -€7,575 | -56.5% |
| Taxes, remuneration and social security | 45 | €26,188 | €22,669 | -€3,519 | -13.4% |
| Taxes | 450/3 | €26,188 | €22,669 | -€3,519 | -13.4% |
| Other amounts payable | 47/48 | €6,560 | €10,714 | +€4,154 | +63.3% |
| Accrued charges and deferred income | 492/3 | €3,600 | - | -€3,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,084 | €6,906 | -€178 | -2.5% |
| Other operating charges | 640/8 | €856 | €927 | +€71 | +8.3% |
| Gross operating margin | 9900 | €44,181 | €29,174 | -€15,007 | -34.0% |
| Operating profit (loss) | 9901 | €36,240 | €21,341 | -€14,900 | -41.1% |
| Financial income | 75/76B | €2 | €1 | -€1 | -41.8% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -41.8% |
| Financial charges | 65/66B | €437 | €92 | -€345 | -78.9% |
| Recurring financial charges | 65 | €437 | €92 | -€345 | -78.9% |
| Profit (loss) for the period before taxes | 9903 | €35,805 | €21,250 | -€14,555 | -40.7% |
| Income taxes | 67/77 | €10,407 | €6,345 | -€4,062 | -39.0% |
| Profit (loss) for the period | 9904 | €25,398 | €14,905 | -€10,493 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,398 | €14,905 | -€10,493 | -41.3% |
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 18 October 2026 via checked.be.