SOLID SYNTAX: 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.
SOLID SYNTAX
Largest movements
- Receivables within one year -€36,512
down €36,512 (-70.6%), from €51,741 to €15,229
of which Other amounts receivable: -€23,771
- Tangible fixed assets +€29,494
up €29,494 (+142.4%), from €20,713 to €50,207
of which Furniture and vehicles: +€30,323
- Cash +€28,621
up €28,621 (+12.0%), from €239,210 to €267,831
mainly Net result for the year (+€46,758) and Receivables within one year (+€36,512)
- Reserves +€13,017
up €13,017 (+4.5%), from €291,270 to €304,287
- Other debts +€12,128
new in 2025: €12,128
- Tax, wage and social debts -€3,628
down €3,628 (-48.8%), from €7,435 to €3,806
- Depreciation -€8,726
down €8,726 (-78.3%), from €11,142 to €2,417
- Taxes +€1,988
up €1,988 (+12.3%), from €16,100 to €18,088
- Other operating charges +€1,601
up €1,601 (+138.8%), from €1,153 to €2,753
- Financial income +€1,269
up €1,269 (+200.4%), from €633 to €1,902
- Gross operating margin -€1,143
down €1,143 (-1.6%), from €69,664 to €68,521
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 | €313,401 | €334,585 | +€21,184 | +6.8% |
| Fixed assets | 21/28 | €20,713 | €50,207 | +€29,494 | +142.4% |
| Tangible fixed assets | 22/27 | €20,713 | €50,207 | +€29,494 | +142.4% |
| Land and buildings | 22 | €1,660 | €1,185 | -€475 | -28.6% |
| Plant, machinery and equipment | 23 | €1,418 | €1,063 | -€355 | -25.0% |
| Furniture and vehicles | 24 | €17,635 | €47,959 | +€30,323 | +171.9% |
| Current assets | 29/58 | €292,688 | €284,378 | -€8,310 | -2.8% |
| Amounts receivable within one year | 40/41 | €51,741 | €15,229 | -€36,512 | -70.6% |
| Trade receivables | 40 | €25,325 | €12,584 | -€12,741 | -50.3% |
| Other amounts receivable | 41 | €26,415 | €2,645 | -€23,771 | -90.0% |
| Cash at bank and in hand | 54/58 | €239,210 | €267,831 | +€28,621 | +12.0% |
| Deferred charges and accrued income | 490/1 | €1,738 | €1,319 | -€419 | -24.1% |
| Total equity and liabilities | 10/49 | €313,401 | €334,585 | +€21,184 | +6.8% |
| Equity | 10/15 | €303,670 | €316,687 | +€13,017 | +4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €291,270 | €304,287 | +€13,017 | +4.5% |
| Distributable reserves | 133 | €291,270 | €304,287 | +€13,017 | +4.5% |
| Amounts payable | 17/49 | €9,731 | €17,898 | +€8,167 | +83.9% |
| Amounts payable within one year | 42/48 | €9,731 | €17,631 | +€7,900 | +81.2% |
| Financial debts | 43 | €19 | €8 | -€11 | -55.4% |
| Credit institutions | 430/8 | €19 | €8 | -€11 | -55.4% |
| Trade debts | 44 | €2,277 | €1,688 | -€589 | -25.9% |
| Suppliers | 440/4 | €2,277 | €1,688 | -€589 | -25.9% |
| Taxes, remuneration and social security | 45 | €7,435 | €3,806 | -€3,628 | -48.8% |
| Taxes | 450/3 | €7,435 | €3,806 | -€3,628 | -48.8% |
| Other amounts payable | 47/48 | - | €12,128 | +€12,128 | |
| Accrued charges and deferred income | 492/3 | - | €267 | +€267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,142 | €2,417 | -€8,726 | -78.3% |
| Other operating charges | 640/8 | €1,153 | €2,753 | +€1,601 | +138.8% |
| Gross operating margin | 9900 | €69,664 | €68,521 | -€1,143 | -1.6% |
| Operating profit (loss) | 9901 | €57,368 | €63,351 | +€5,983 | +10.4% |
| Financial income | 75/76B | €633 | €1,902 | +€1,269 | +200.4% |
| Recurring financial income | 75 | €633 | €1,902 | +€1,269 | +200.4% |
| Financial charges | 65/66B | €590 | €407 | -€183 | -31.0% |
| Recurring financial charges | 65 | €590 | €407 | -€183 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €57,412 | €64,846 | +€7,434 | +12.9% |
| Income taxes | 67/77 | €16,100 | €18,088 | +€1,988 | +12.3% |
| Profit (loss) for the period | 9904 | €41,312 | €46,758 | +€5,446 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,312 | €46,758 | +€5,446 | +13.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.