Solutions Development Projects: 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.
What changed
Solutions Development Projects
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€323,229
2024 · €184,501+€138,728
Equity
-€649,905
2024 · -€973,134+€323,229
Cash
€90,984
2024 · €751,806-€660,823
Balance sheet total
€3.0m
2024 · €3.8m-€811,054
Largest movements
Assets
- Cash -€660,823
down €660,823 (-87.9%), from €751,806 to €90,984
mainly Trade debts (-€940,637) and Other debts (-€136,625)
- Receivables within one year -€89,256
down €89,256 (-3.7%), from €2.4m to €2.3m
of which Other amounts receivable: -€53,142
- Tangible fixed assets -€53,968
down €53,968 (-68.6%), from €78,713 to €24,745
Equity and liabilities
- Trade debts -€940,637
down €940,637 (-58.0%), from €1.6m to €681,862
- Profit (loss) carried forward +€323,229
up €323,229 (+20.5%), from -€1.6m to -€1.3m
- Other debts -€136,625
down €136,625 (-8.6%), from €1.6m to €1.4m
Income statement
- Turnover -€8.5m
no longer reported in 2025 (was €8.5m)
- Goods and materials -€7.5m
no longer reported in 2025 (was €7.5m)
of which Purchases: -€6.0m
- Other operating income -€2.0m
no longer reported in 2025 (was €2.0m)
- Services and other goods -€1.3m
no longer reported in 2025 (was €1.3m)
- Staff costs -€856,840
down €856,840 (-99.4%), from €861,931 to €5,091
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.
Result 2024
€184,501
Turnover
-€8.5m
Other operating income
-€2.0m
Goods and materials
+€7.5m
Services and other goods
+€1.3m
Staff costs
+€856,840
Depreciation
+€23,285
Write-downs
+€2,655
Other operating charges
+€493,962
Other operating items
+€368,408
Financial income
+€2,250
Financial charges
+€14,054
Taxes
+€2,680
Result 2025
€323,229
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.
From operations
-€647,263
Investment
+€24,789
Financing
-€38,349
Cash 2024
€751,806
From operations (derived)
-€647,263
Net result for the year
+€323,229
Depreciation
+€40,512
Receivables within one year
+€89,256
Deferred charges and accrued income
-€4,326
Trade debts
-€940,637
Tax, wage and social debts
-€2,961
Other debts
-€136,625
Accrued charges and deferred income
-€15,712
Investment (derived)
+€24,789
Investment in fixed assets (net)
+€24,789
Financing
-€38,349
Current portion of long-term debt
-€2,603
Short-term financial debts
-€35,746
Cash 2025
€90,984
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,783,841 | €2,972,787 | -€811,054 | -21.4% |
| Fixed assets | 21/28 | €136,579 | €71,277 | -€65,301 | -47.8% |
| Intangible fixed assets | 21 | €51,916 | €40,583 | -€11,333 | -21.8% |
| Tangible fixed assets | 22/27 | €78,713 | €24,745 | -€53,968 | -68.6% |
| Plant, machinery and equipment | 23 | €10,403 | €1,773 | -€8,630 | -83.0% |
| Furniture and vehicles | 24 | €44,171 | €18,428 | -€25,743 | -58.3% |
| Leasing and similar rights | 25 | €14,191 | €0 | -€14,191 | -100.0% |
| Other tangible fixed assets | 26 | €9,947 | €4,543 | -€5,404 | -54.3% |
| Financial fixed assets | 28 | €5,950 | €5,950 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,950 | - | -€5,950 | |
| Amounts receivable and cash guarantees | 285/8 | €5,950 | - | -€5,950 | |
| Current assets | 29/58 | €3,647,263 | €2,901,510 | -€745,753 | -20.4% |
| Amounts receivable after more than one year | 29 | €500,000 | €500,000 | = | 0.0% |
| Other amounts receivable | 291 | €500,000 | €500,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Goods purchased for resale | 34 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,392,243 | €2,302,987 | -€89,256 | -3.7% |
| Trade receivables | 40 | €2,338,370 | €2,302,256 | -€36,114 | -1.5% |
| Other amounts receivable | 41 | €53,873 | €731 | -€53,142 | -98.6% |
| Cash at bank and in hand | 54/58 | €751,806 | €90,984 | -€660,823 | -87.9% |
| Deferred charges and accrued income | 490/1 | €3,213 | €7,539 | +€4,326 | +134.6% |
| Total equity and liabilities | 10/49 | €3,783,841 | €2,972,787 | -€811,054 | -21.4% |
| Equity | 10/15 | -€973,134 | -€649,905 | +€323,229 | +33.2% |
| Contributions | 10/11 | €606,594 | €606,594 | = | 0.0% |
| Capital | 10 | €606,594 | €606,594 | = | 0.0% |
| Issued capital | 100 | €606,594 | €606,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,579,728 | -€1,256,500 | +€323,229 | +20.5% |
| Amounts payable | 17/49 | €4,756,975 | €3,622,693 | -€1.1m | -23.8% |
| Amounts payable after more than one year | 17 | €1,491,871 | €1,491,871 | = | 0.0% |
| Financial debts | 170/4 | €1,491,871 | €1,491,871 | = | 0.0% |
| Subordinated loans | 170 | €1,491,871 | - | -€1.5m | |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €3,249,393 | €2,130,822 | -€1.1m | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €2,603 | €0 | -€2,603 | -100.0% |
| Financial debts | 43 | €35,746 | €0 | -€35,746 | -100.0% |
| Credit institutions | 430/8 | €35,746 | €0 | -€35,746 | -100.0% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €1,622,498 | €681,862 | -€940,637 | -58.0% |
| Suppliers | 440/4 | €1,622,498 | €681,862 | -€940,637 | -58.0% |
| Taxes, remuneration and social security | 45 | €2,961 | €0 | -€2,961 | -100.0% |
| Taxes | 450/3 | €2,680 | €0 | -€2,680 | -100.0% |
| Remuneration and social security | 454/9 | €281 | €0 | -€281 | -100.0% |
| Other amounts payable | 47/48 | €1,585,585 | €1,448,960 | -€136,625 | -8.6% |
| Accrued charges and deferred income | 492/3 | €15,712 | €0 | -€15,712 | -100.0% |
| Operating income | 70/76A | €10,463,121 | - | -€10.5m | |
| Turnover | 70 | €8,490,824 | - | -€8.5m | |
| Own construction capitalised | 72 | €0 | - | = | |
| Other operating income | 74 | €1,964,969 | - | -€2.0m | |
| Non-recurring operating income | 76A | €7,328 | €14,191 | +€6,863 | +93.6% |
| Operating charges | 60/66A | €10,256,737 | - | -€10.3m | |
| Goods for resale, raw materials and consumables | 60 | €7,532,991 | - | -€7.5m | |
| Purchases | 600/8 | €6,013,704 | - | -€6.0m | |
| Change in stocks: decrease (increase) | 609 | €1,519,287 | - | -€1.5m | |
| Services and other goods | 61 | €1,297,396 | - | -€1.3m | |
| Remuneration, social security and pensions | 62 | €861,931 | €5,091 | -€856,840 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,797 | €40,512 | -€23,285 | -36.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,655 | €0 | -€2,655 | -100.0% |
| Other operating charges | 640/8 | €497,967 | €4,005 | -€493,962 | -99.2% |
| Non-recurring operating charges | 66A | €0 | €3,848 | +€3,848 | |
| Gross operating margin | 9900 | - | €379,584 | +€379,584 | |
| Operating profit (loss) | 9901 | €206,385 | €326,128 | +€119,744 | +58.0% |
| Financial income | 75/76B | €2,189 | €4,439 | +€2,250 | +102.8% |
| Recurring financial income | 75 | €2,189 | €4,439 | +€2,250 | +102.8% |
| Income from current assets | 751 | €447 | - | -€447 | |
| Other financial income | 752/9 | €1,742 | - | -€1,742 | |
| Financial charges | 65/66B | €21,393 | €7,339 | -€14,054 | -65.7% |
| Recurring financial charges | 65 | €21,393 | €7,339 | -€14,054 | -65.7% |
| Debt charges | 650 | €5,007 | - | -€5,007 | |
| Other financial charges | 652/9 | €16,386 | - | -€16,386 | |
| Profit (loss) for the period before taxes | 9903 | €187,181 | €323,229 | +€136,048 | +72.7% |
| Income taxes | 67/77 | €2,680 | -€0 | -€2,680 | |
| Taxes | 670/3 | €2,680 | - | -€2,680 | |
| Profit (loss) for the period | 9904 | €184,501 | €323,229 | +€138,728 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €184,501 | €323,229 | +€138,728 | +75.2% |
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.