SOLUTIONS DIRECT: 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.
SOLUTIONS DIRECT
Largest movements
- Receivables within one year +€12,790
up €12,790 (+129.3%), from €9,889 to €22,679
of which Trade receivables: +€11,682
- Tangible fixed assets -€11,832
down €11,832 (-7.2%), from €164,467 to €152,635
- Cash +€5,823
up €5,823 (+14.5%), from €40,160 to €45,982
mainly Depreciation (+€13,918) and Tax, wage and social debts (+€12,502)
- Financial fixed assets -€3,800
down €3,800 (-93.8%), from €4,050 to €250
- Trade debts -€19,387
down €19,387 (-33.2%), from €58,400 to €39,013
- Tax, wage and social debts +€12,502
up €12,502 (+124.1%), from €10,073 to €22,574
- Other debts +€11,617
up €11,617 (+11430.3%), from €102 to €11,718
- Debts after one year -€10,752
down €10,752 (-8.7%), from €124,141 to €113,388
- Profit (loss) carried forward +€10,268
up €10,268, from -€5,560 to €4,707
- Gross operating margin +€54,638
up €54,638, from -€12,675 to €41,963
- Other operating charges +€3,915
up €3,915 (+56.3%), from €6,948 to €10,863
- Taxes +€1,123
up €1,123 (+128.1%), from €877 to €1,999
- Financial charges -€993
down €993 (-22.1%), from €4,484 to €3,491
- Depreciation +€521
up €521 (+3.9%), from €13,396 to €13,918
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €218,598 | €223,109 | +€4,510 | +2.1% |
| Fixed assets | 21/28 | €168,517 | €152,885 | -€15,632 | -9.3% |
| Tangible fixed assets | 22/27 | €164,467 | €152,635 | -€11,832 | -7.2% |
| Land and buildings | 22 | €146,880 | €141,100 | -€5,780 | -3.9% |
| Plant, machinery and equipment | 23 | €11,614 | €8,560 | -€3,055 | -26.3% |
| Furniture and vehicles | 24 | €5,972 | €2,975 | -€2,997 | -50.2% |
| Financial fixed assets | 28 | €4,050 | €250 | -€3,800 | -93.8% |
| Current assets | 29/58 | €50,082 | €70,224 | +€20,142 | +40.2% |
| Amounts receivable within one year | 40/41 | €9,889 | €22,679 | +€12,790 | +129.3% |
| Trade receivables | 40 | €8,663 | €20,345 | +€11,682 | +134.9% |
| Other amounts receivable | 41 | €1,226 | €2,333 | +€1,107 | +90.3% |
| Current investments | 50/53 | €33 | €33 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,160 | €45,982 | +€5,823 | +14.5% |
| Deferred charges and accrued income | 490/1 | - | €1,530 | +€1,530 | |
| Total equity and liabilities | 10/49 | €218,598 | €223,109 | +€4,510 | +2.1% |
| Equity | 10/15 | €15,340 | €25,607 | +€10,268 | +66.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,308 | €2,308 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,308 | €2,308 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €449 | €449 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,560 | €4,707 | +€10,268 | |
| Amounts payable | 17/49 | €203,258 | €197,501 | -€5,757 | -2.8% |
| Amounts payable after more than one year | 17 | €124,141 | €113,388 | -€10,752 | -8.7% |
| Financial debts | 170/4 | €124,141 | €113,388 | -€10,752 | -8.7% |
| Amounts payable within one year | 42/48 | €79,118 | €84,113 | +€4,995 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €10,544 | €10,752 | +€209 | +2.0% |
| Financial debts | 43 | - | €55 | +€55 | |
| Credit institutions | 430/8 | - | €55 | +€55 | |
| Trade debts | 44 | €58,400 | €39,013 | -€19,387 | -33.2% |
| Suppliers | 440/4 | €58,400 | €39,013 | -€19,387 | -33.2% |
| Taxes, remuneration and social security | 45 | €10,073 | €22,574 | +€12,502 | +124.1% |
| Taxes | 450/3 | €10,073 | €22,574 | +€12,502 | +124.1% |
| Other amounts payable | 47/48 | €102 | €11,718 | +€11,617 | +11430.3% |
| Non-recurring operating income | 76A | €3,219 | - | -€3,219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,396 | €13,918 | +€521 | +3.9% |
| Other operating charges | 640/8 | €6,948 | €10,863 | +€3,915 | +56.3% |
| Non-recurring operating charges | 66A | - | €1,425 | +€1,425 | |
| Gross operating margin | 9900 | -€12,675 | €41,963 | +€54,638 | |
| Operating profit (loss) | 9901 | -€33,019 | €15,758 | +€48,777 | |
| Financial income | 75/76B | €107 | - | -€107 | |
| Recurring financial income | 75 | €107 | - | -€107 | |
| Financial charges | 65/66B | €4,484 | €3,491 | -€993 | -22.1% |
| Recurring financial charges | 65 | €4,484 | €3,491 | -€993 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,396 | €12,267 | +€49,663 | |
| Income taxes | 67/77 | €877 | €1,999 | +€1,123 | +128.1% |
| Profit (loss) for the period | 9904 | -€38,273 | €10,268 | +€48,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,273 | €10,268 | +€48,540 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.