SDWAN Solutions: 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.
SDWAN Solutions
Largest movements
- Tangible fixed assets -€356
no longer reported in 2025 (was €356)
- Receivables within one year +€270
up €270 (+33.4%), from €806 to €1,076
- Cash -€139
down €139 (-10.4%), from €1,337 to €1,198
mainly Other debts (-€2,778) and Receivables within one year (-€270)
- Other debts -€2,778
down €2,778 (-3.9%), from €71,944 to €69,166
- Profit (loss) carried forward +€2,773
up €2,773 (+3.4%), from -€82,121 to -€79,348
- Trade debts -€195
down €195 (-2.8%), from €6,844 to €6,649
- Gross operating margin -€33,820
down €33,820 (-90.4%), from €37,404 to €3,584
- Staff costs -€25,922
no longer reported in 2025 (was €25,922)
- Depreciation -€447
down €447 (-55.7%), from €802 to €356
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 | €2,716 | €2,492 | -€225 | -8.3% |
| Fixed assets | 21/28 | €573 | €218 | -€356 | -62.0% |
| Tangible fixed assets | 22/27 | €356 | - | -€356 | |
| Plant, machinery and equipment | 23 | €356 | - | -€356 | |
| Financial fixed assets | 28 | €218 | €218 | = | 0.0% |
| Current assets | 29/58 | €2,143 | €2,274 | +€131 | +6.1% |
| Amounts receivable within one year | 40/41 | €806 | €1,076 | +€270 | +33.4% |
| Other amounts receivable | 41 | €806 | €1,076 | +€270 | +33.4% |
| Cash at bank and in hand | 54/58 | €1,337 | €1,198 | -€139 | -10.4% |
| Total equity and liabilities | 10/49 | €2,716 | €2,492 | -€225 | -8.3% |
| Equity | 10/15 | -€77,121 | -€74,348 | +€2,773 | +3.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,121 | -€79,348 | +€2,773 | +3.4% |
| Amounts payable | 17/49 | €79,837 | €76,839 | -€2,997 | -3.8% |
| Amounts payable within one year | 42/48 | €78,822 | €75,839 | -€2,982 | -3.8% |
| Trade debts | 44 | €6,844 | €6,649 | -€195 | -2.8% |
| Suppliers | 440/4 | €6,844 | €6,649 | -€195 | -2.8% |
| Taxes, remuneration and social security | 45 | €34 | €24 | -€10 | -29.1% |
| Taxes | 450/3 | €34 | €24 | -€10 | -29.1% |
| Other amounts payable | 47/48 | €71,944 | €69,166 | -€2,778 | -3.9% |
| Accrued charges and deferred income | 492/3 | €1,015 | €1,000 | -€15 | -1.5% |
| Remuneration, social security and pensions | 62 | €25,922 | - | -€25,922 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €802 | €356 | -€447 | -55.7% |
| Other operating charges | 640/8 | €5 | €36 | +€31 | +680.5% |
| Gross operating margin | 9900 | €37,404 | €3,584 | -€33,820 | -90.4% |
| Operating profit (loss) | 9901 | €10,675 | €3,192 | -€7,482 | -70.1% |
| Financial charges | 65/66B | €274 | €420 | +€146 | +53.1% |
| Recurring financial charges | 65 | €274 | €420 | +€146 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €10,401 | €2,773 | -€7,628 | -73.3% |
| Profit (loss) for the period | 9904 | €10,401 | €2,773 | -€7,628 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,401 | €2,773 | -€7,628 | -73.3% |
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 7 October 2026 via checked.be.