SOLUTIO: 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.
SOLUTIO
Largest movements
- Receivables within one year -€35,545
down €35,545 (-89.2%), from €39,864 to €4,319
of which Trade receivables: -€25,696
- Intangible fixed assets -€17,435
down €17,435 (-14.7%), from €118,233 to €100,798
- Cash -€10,500
down €10,500 (-70.5%), from €14,895 to €4,395
mainly Trade debts (-€27,544) and Accrued charges and deferred income (-€19,808)
- Trade debts -€27,544
down €27,544 (-95.8%), from €28,744 to €1,199
- Accrued charges and deferred income -€19,808
down €19,808 (-100.0%), from €19,808 to €0
- Other debts -€9,948
down €9,948 (-42.1%), from €23,632 to €13,684
- Profit (loss) carried forward -€4,493
down €4,493 (-11.4%), from €39,524 to €35,031
- Advances received -€1,930
down €1,930 (-100.0%), from €1,930 to €0
- Gross operating margin -€47,440
down €47,440 (-62.1%), from €76,385 to €28,945
- Depreciation -€2,733
down €2,733 (-7.7%), from €35,726 to €32,993
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 | €173,656 | €109,933 | -€63,723 | -36.7% |
| Fixed assets | 21/28 | €118,892 | €101,154 | -€17,738 | -14.9% |
| Intangible fixed assets | 21 | €118,233 | €100,798 | -€17,435 | -14.7% |
| Tangible fixed assets | 22/27 | €659 | €356 | -€303 | -46.0% |
| Furniture and vehicles | 24 | €659 | €356 | -€303 | -46.0% |
| Current assets | 29/58 | €54,764 | €8,779 | -€45,985 | -84.0% |
| Amounts receivable within one year | 40/41 | €39,864 | €4,319 | -€35,545 | -89.2% |
| Trade receivables | 40 | €26,422 | €726 | -€25,696 | -97.3% |
| Other amounts receivable | 41 | €13,442 | €3,593 | -€9,848 | -73.3% |
| Cash at bank and in hand | 54/58 | €14,895 | €4,395 | -€10,500 | -70.5% |
| Deferred charges and accrued income | 490/1 | €4 | €64 | +€60 | +1365.8% |
| Total equity and liabilities | 10/49 | €173,656 | €109,933 | -€63,723 | -36.7% |
| Equity | 10/15 | €99,543 | €95,050 | -€4,493 | -4.5% |
| Contributions | 10/11 | €60,019 | €60,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,524 | €35,031 | -€4,493 | -11.4% |
| Amounts payable | 17/49 | €74,113 | €14,884 | -€59,230 | -79.9% |
| Amounts payable within one year | 42/48 | €54,305 | €14,884 | -€39,422 | -72.6% |
| Trade debts | 44 | €28,744 | €1,199 | -€27,544 | -95.8% |
| Suppliers | 440/4 | €28,744 | €1,199 | -€27,544 | -95.8% |
| Advances received on contracts in progress | 46 | €1,930 | €0 | -€1,930 | -100.0% |
| Other amounts payable | 47/48 | €23,632 | €13,684 | -€9,948 | -42.1% |
| Accrued charges and deferred income | 492/3 | €19,808 | €0 | -€19,808 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,726 | €32,993 | -€2,733 | -7.7% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €76,385 | €28,945 | -€47,440 | -62.1% |
| Operating profit (loss) | 9901 | €39,887 | -€4,447 | -€44,335 | |
| Financial income | 75/76B | €138 | €41 | -€97 | -70.1% |
| Recurring financial income | 75 | €138 | €41 | -€97 | -70.1% |
| Financial charges | 65/66B | €500 | €87 | -€413 | -82.7% |
| Recurring financial charges | 65 | €500 | €87 | -€413 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | €39,525 | -€4,493 | -€44,018 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -80.3% |
| Profit (loss) for the period | 9904 | €39,524 | -€4,493 | -€44,017 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,524 | -€4,493 | -€44,017 |
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 5 October 2026 via checked.be.