SOLID BOOKINGS: 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.
SOLID BOOKINGS
Largest movements
- Cash +€23,394
up €23,394 (+36.3%), from €64,392 to €87,786
mainly Net result for the year (+€19,648) and Depreciation (+€4,389)
- Receivables within one year -€3,287
down €3,287 (-12.9%), from €25,385 to €22,098
of which Trade receivables: -€3,416
- Tangible fixed assets -€3,094
down €3,094 (-14.2%), from €21,846 to €18,752
of which Other tangible fixed assets: -€2,389
- Reserves +€18,815
up €18,815 (+15.5%), from €121,114 to €139,929
- Gross operating margin +€14,726
up €14,726 (+75.5%), from €19,504 to €34,229
- Write-downs -€13,041
down €13,041, from €259 to -€12,782
- Other operating charges +€11,591
up €11,591 (+442.2%), from €2,621 to €14,212
- Taxes +€4,051
up €4,051 (+83.5%), from €4,852 to €8,902
- Financial charges +€1,964
up €1,964, from -€1,606 to €358
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 | €169,334 | €187,286 | +€17,952 | +10.6% |
| Fixed assets | 21/28 | €27,858 | €23,988 | -€3,870 | -13.9% |
| Intangible fixed assets | 21 | €6,012 | €5,236 | -€776 | -12.9% |
| Tangible fixed assets | 22/27 | €21,846 | €18,752 | -€3,094 | -14.2% |
| Furniture and vehicles | 24 | €2,740 | €2,035 | -€705 | -25.7% |
| Other tangible fixed assets | 26 | €19,106 | €16,717 | -€2,389 | -12.5% |
| Current assets | 29/58 | €141,476 | €163,298 | +€21,821 | +15.4% |
| Amounts receivable within one year | 40/41 | €25,385 | €22,098 | -€3,287 | -12.9% |
| Trade receivables | 40 | €24,241 | €20,825 | -€3,416 | -14.1% |
| Other amounts receivable | 41 | €1,144 | €1,273 | +€129 | +11.2% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,392 | €87,786 | +€23,394 | +36.3% |
| Deferred charges and accrued income | 490/1 | €1,699 | €3,414 | +€1,715 | +101.0% |
| Total equity and liabilities | 10/49 | €169,334 | €187,286 | +€17,952 | +10.6% |
| Equity | 10/15 | €155,418 | €174,233 | +€18,815 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,114 | €139,929 | +€18,815 | +15.5% |
| Distributable reserves | 133 | €121,114 | €139,929 | +€18,815 | +15.5% |
| Profit (loss) carried forward | 14 | €15,704 | €15,704 | = | 0.0% |
| Amounts payable | 17/49 | €13,916 | €13,053 | -€864 | -6.2% |
| Amounts payable within one year | 42/48 | €13,916 | €13,053 | -€864 | -6.2% |
| Trade debts | 44 | €3,057 | €2,403 | -€654 | -21.4% |
| Suppliers | 440/4 | €3,057 | €2,403 | -€654 | -21.4% |
| Taxes, remuneration and social security | 45 | €216 | €26 | -€190 | -87.9% |
| Taxes | 450/3 | €216 | €26 | -€190 | -87.9% |
| Other amounts payable | 47/48 | €10,643 | €10,623 | -€19 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,267 | €4,389 | -€879 | -16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €259 | -€12,782 | -€13,041 | |
| Other operating charges | 640/8 | €2,621 | €14,212 | +€11,591 | +442.2% |
| Non-recurring operating charges | 66A | €446 | - | -€446 | |
| Gross operating margin | 9900 | €19,504 | €34,229 | +€14,726 | +75.5% |
| Operating profit (loss) | 9901 | €10,910 | €28,411 | +€17,501 | +160.4% |
| Financial income | 75/76B | €688 | €498 | -€190 | -27.7% |
| Recurring financial income | 75 | €688 | €498 | -€190 | -27.7% |
| Financial charges | 65/66B | -€1,606 | €358 | +€1,964 | |
| Recurring financial charges | 65 | -€1,606 | €358 | +€1,964 | |
| Profit (loss) for the period before taxes | 9903 | €13,204 | €28,551 | +€15,347 | +116.2% |
| Income taxes | 67/77 | €4,852 | €8,902 | +€4,051 | +83.5% |
| Profit (loss) for the period | 9904 | €8,353 | €19,648 | +€11,296 | +135.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,353 | €19,648 | +€11,296 | +135.2% |
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 11 October 2026 via checked.be.