SOLUTIONS AND MORE: 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.
SOLUTIONS AND MORE
Largest movements
- Cash +€43,964
up €43,964 (+53.5%), from €82,245 to €126,209
mainly Net result for the year (+€37,099) and Depreciation (+€6,060)
- Receivables within one year -€5,913
down €5,913 (-21.6%), from €27,380 to €21,468
of which Other amounts receivable: -€10,295
- Intangible fixed assets -€5,000
down €5,000 (-33.2%), from €15,068 to €10,068
- Reserves +€37,099
up €37,099 (+42.9%), from €86,492 to €123,592
of which Distributable reserves: +€22,364
- Other debts -€4,656
down €4,656 (-14.5%), from €32,019 to €27,364
- Tax, wage and social debts -€2,023
down €2,023 (-34.2%), from €5,924 to €3,901
- Gross operating margin -€31,002
down €31,002 (-34.5%), from €89,960 to €58,959
- Taxes -€7,915
down €7,915 (-36.5%), from €21,705 to €13,790
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.
Derived cash bridge
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 | €133,065 | €164,203 | +€31,138 | +23.4% |
| Fixed assets | 21/28 | €21,704 | €15,643 | -€6,060 | -27.9% |
| Intangible fixed assets | 21 | €15,068 | €10,068 | -€5,000 | -33.2% |
| Tangible fixed assets | 22/27 | €6,635 | €5,575 | -€1,060 | -16.0% |
| Leasing and similar rights | 25 | €1,987 | €1,488 | -€499 | -25.1% |
| Other tangible fixed assets | 26 | €4,648 | €4,086 | -€561 | -12.1% |
| Current assets | 29/58 | €111,361 | €148,560 | +€37,198 | +33.4% |
| Amounts receivable within one year | 40/41 | €27,380 | €21,468 | -€5,913 | -21.6% |
| Trade receivables | 40 | €17,085 | €21,468 | +€4,382 | +25.6% |
| Other amounts receivable | 41 | €10,295 | - | -€10,295 | |
| Cash at bank and in hand | 54/58 | €82,245 | €126,209 | +€43,964 | +53.5% |
| Deferred charges and accrued income | 490/1 | €1,736 | €883 | -€853 | -49.1% |
| Total equity and liabilities | 10/49 | €133,065 | €164,203 | +€31,138 | +23.4% |
| Equity | 10/15 | €92,492 | €129,592 | +€37,099 | +40.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €86,492 | €123,592 | +€37,099 | +42.9% |
| Tax-exempt reserves | 132 | €29,470 | €44,205 | +€14,735 | +50.0% |
| Distributable reserves | 133 | €57,022 | €79,387 | +€22,364 | +39.2% |
| Amounts payable | 17/49 | €40,572 | €34,611 | -€5,961 | -14.7% |
| Amounts payable within one year | 42/48 | €40,572 | €34,611 | -€5,961 | -14.7% |
| Trade debts | 44 | €2,629 | €3,347 | +€718 | +27.3% |
| Suppliers | 440/4 | €2,629 | €3,347 | +€718 | +27.3% |
| Taxes, remuneration and social security | 45 | €5,924 | €3,901 | -€2,023 | -34.2% |
| Taxes | 450/3 | €5,924 | €3,901 | -€2,023 | -34.2% |
| Other amounts payable | 47/48 | €32,019 | €27,364 | -€4,656 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,060 | €6,060 | = | 0.0% |
| Other operating charges | 640/8 | €180 | €447 | +€268 | +149% |
| Gross operating margin | 9900 | €89,960 | €58,959 | -€31,002 | -34.5% |
| Operating profit (loss) | 9901 | €83,720 | €52,451 | -€31,269 | -37.3% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,780 | €1,562 | -€219 | -12.3% |
| Recurring financial charges | 65 | €1,780 | €1,562 | -€219 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €81,940 | €50,889 | -€31,051 | -37.9% |
| Income taxes | 67/77 | €21,705 | €13,790 | -€7,915 | -36.5% |
| Profit (loss) for the period | 9904 | €60,235 | €37,099 | -€23,136 | -38.4% |
| Transfer to tax-exempt reserves | 689 | €29,470 | €14,735 | -€14,735 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,765 | €22,364 | -€8,401 | -27.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.