SOLUTION DRIVEN DESIGN: 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.
SOLUTION DRIVEN DESIGN
Largest movements
- Current investments +€49,997
new in 2025: €49,997
- Cash -€9,030
down €9,030 (-16.1%), from €56,125 to €47,094
mainly Current investments (-€49,997) and Other debts (-€3,979)
- Reserves +€39,148
up €39,148 (+84.7%), from €46,193 to €85,341
- Tax, wage and social debts +€5,099
up €5,099 (+39.9%), from €12,773 to €17,872
- Other debts -€3,979
down €3,979 (-100.0%), from €3,979 to €0
- Trade debts -€1,418
down €1,418 (-78.7%), from €1,800 to €383
- Gross operating margin -€4,554
down €4,554 (-7.4%), from €61,295 to €56,741
- Taxes +€2,079
up €2,079 (+17.3%), from €12,037 to €14,116
- Financial charges +€827
up €827 (+41.5%), from €1,990 to €2,817
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 | €71,594 | €111,135 | +€39,541 | +55.2% |
| Fixed assets | 21/28 | €2,026 | €1,059 | -€967 | -47.7% |
| Tangible fixed assets | 22/27 | €2,026 | €1,059 | -€967 | -47.7% |
| Furniture and vehicles | 24 | €2,026 | €1,059 | -€967 | -47.7% |
| Current assets | 29/58 | €69,568 | €110,076 | +€40,508 | +58.2% |
| Amounts receivable within one year | 40/41 | €12,613 | €11,882 | -€731 | -5.8% |
| Trade receivables | 40 | €11,435 | €11,846 | +€411 | +3.6% |
| Other amounts receivable | 41 | €1,178 | €36 | -€1,142 | -96.9% |
| Current investments | 50/53 | - | €49,997 | +€49,997 | |
| Cash at bank and in hand | 54/58 | €56,125 | €47,094 | -€9,030 | -16.1% |
| Deferred charges and accrued income | 490/1 | €830 | €1,103 | +€273 | +32.8% |
| Total equity and liabilities | 10/49 | €71,594 | €111,135 | +€39,541 | +55.2% |
| Equity | 10/15 | €51,193 | €90,341 | +€39,148 | +76.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €46,193 | €85,341 | +€39,148 | +84.7% |
| Distributable reserves | 133 | €46,193 | €85,341 | +€39,148 | +84.7% |
| Amounts payable | 17/49 | €20,401 | €20,794 | +€393 | +1.9% |
| Amounts payable within one year | 42/48 | €18,901 | €19,083 | +€182 | +1.0% |
| Financial debts | 43 | €348 | €828 | +€480 | +137.7% |
| Other loans | 439 | €348 | €828 | +€480 | +137.7% |
| Trade debts | 44 | €1,800 | €383 | -€1,418 | -78.7% |
| Suppliers | 440/4 | €1,800 | €383 | -€1,418 | -78.7% |
| Taxes, remuneration and social security | 45 | €12,773 | €17,872 | +€5,099 | +39.9% |
| Taxes | 450/3 | €12,773 | €17,872 | +€5,099 | +39.9% |
| Other amounts payable | 47/48 | €3,979 | €0 | -€3,979 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,711 | +€211 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €874 | €967 | +€93 | +10.6% |
| Other operating charges | 640/8 | €312 | €128 | -€184 | -59.1% |
| Gross operating margin | 9900 | €61,295 | €56,741 | -€4,554 | -7.4% |
| Operating profit (loss) | 9901 | €60,109 | €55,646 | -€4,462 | -7.4% |
| Financial income | 75/76B | €112 | €435 | +€323 | +289.6% |
| Recurring financial income | 75 | €112 | €435 | +€323 | +289.6% |
| Financial charges | 65/66B | €1,990 | €2,817 | +€827 | +41.5% |
| Recurring financial charges | 65 | €1,990 | €2,817 | +€827 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €58,230 | €53,264 | -€4,966 | -8.5% |
| Income taxes | 67/77 | €12,037 | €14,116 | +€2,079 | +17.3% |
| Profit (loss) for the period | 9904 | €46,193 | €39,148 | -€7,045 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,193 | €39,148 | -€7,045 | -15.3% |
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 8 October 2026 via checked.be.