SOLUTIONS2: 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.
SOLUTIONS2
Largest movements
- Cash -€311,435
down €311,435 (-40.3%), from €773,429 to €461,994
mainly Net result for the year (-€359,254) and Other debts (-€125,459)
- Current investments -€300,000
down €300,000 (-50.0%), from €600,000 to €300,000
- Profit (loss) carried forward -€359,254
new in 2025: -€359,254
- Other debts -€125,459
down €125,459 (-99.5%), from €126,132 to €674
- Trade debts -€115,471
down €115,471 (-84.7%), from €136,284 to €20,813
- Tax, wage and social debts +€33,946
up €33,946 (+95.8%), from €35,421 to €69,367
of which Taxes: +€19,740
- Gross operating margin -€460,273
down €460,273 (-90.5%), from €508,328 to €48,055
- Staff costs +€66,432
up €66,432 (+21.7%), from €305,662 to €372,094
- Taxes -€22,776
down €22,776 (-98.7%), from €23,085 to €309
- Depreciation +€6,723
up €6,723 (+19.6%), from €34,283 to €41,006
- Financial income -€6,037
down €6,037 (-40.0%), from €15,094 to €9,057
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 | €1,819,535 | €1,222,542 | -€596,993 | -32.8% |
| Fixed assets | 21/28 | €229,295 | €237,507 | +€8,212 | +3.6% |
| Tangible fixed assets | 22/27 | €224,545 | €234,507 | +€9,962 | +4.4% |
| Land and buildings | 22 | €160,978 | €155,230 | -€5,748 | -3.6% |
| Plant, machinery and equipment | 23 | €20,646 | €13,037 | -€7,609 | -36.9% |
| Furniture and vehicles | 24 | €42,921 | €66,240 | +€23,319 | +54.3% |
| Financial fixed assets | 28 | €4,750 | €3,000 | -€1,750 | -36.8% |
| Current assets | 29/58 | €1,590,240 | €985,035 | -€605,205 | -38.1% |
| Amounts receivable within one year | 40/41 | €212,749 | €220,469 | +€7,720 | +3.6% |
| Trade receivables | 40 | €122,997 | €197,051 | +€74,053 | +60.2% |
| Other amounts receivable | 41 | €89,752 | €23,418 | -€66,333 | -73.9% |
| Current investments | 50/53 | €600,000 | €300,000 | -€300,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €773,429 | €461,994 | -€311,435 | -40.3% |
| Deferred charges and accrued income | 490/1 | €4,062 | €2,572 | -€1,490 | -36.7% |
| Total equity and liabilities | 10/49 | €1,819,535 | €1,222,542 | -€596,993 | -32.8% |
| Equity | 10/15 | €1,397,461 | €1,038,207 | -€359,254 | -25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,378,861 | €1,378,861 | = | 0.0% |
| Distributable reserves | 133 | €1,378,861 | €1,378,861 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€359,254 | -€359,254 | |
| Amounts payable | 17/49 | €422,074 | €184,335 | -€237,738 | -56.3% |
| Amounts payable after more than one year | 17 | €16,666 | - | -€16,666 | |
| Financial debts | 170/4 | €16,666 | - | -€16,666 | |
| Amounts payable within one year | 42/48 | €317,837 | €107,519 | -€210,318 | -66.2% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €16,666 | -€3,334 | -16.7% |
| Trade debts | 44 | €136,284 | €20,813 | -€115,471 | -84.7% |
| Suppliers | 440/4 | €136,284 | €20,813 | -€115,471 | -84.7% |
| Taxes, remuneration and social security | 45 | €35,421 | €69,367 | +€33,946 | +95.8% |
| Taxes | 450/3 | €1,935 | €21,675 | +€19,740 | +1020.3% |
| Remuneration and social security | 454/9 | €33,486 | €47,692 | +€14,206 | +42.4% |
| Other amounts payable | 47/48 | €126,132 | €674 | -€125,459 | -99.5% |
| Accrued charges and deferred income | 492/3 | €87,570 | €76,816 | -€10,754 | -12.3% |
| Remuneration, social security and pensions | 62 | €305,662 | €372,094 | +€66,432 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,283 | €41,006 | +€6,723 | +19.6% |
| Other operating charges | 640/8 | €1,223 | €1,200 | -€24 | -1.9% |
| Non-recurring operating charges | 66A | - | €135 | +€135 | |
| Gross operating margin | 9900 | €508,328 | €48,055 | -€460,273 | -90.5% |
| Operating profit (loss) | 9901 | €167,160 | -€366,379 | -€533,539 | |
| Financial income | 75/76B | €15,094 | €9,057 | -€6,037 | -40.0% |
| Recurring financial income | 75 | €15,094 | €9,057 | -€6,037 | -40.0% |
| Financial charges | 65/66B | €2,837 | €1,623 | -€1,214 | -42.8% |
| Recurring financial charges | 65 | €2,837 | €1,623 | -€1,214 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €179,416 | -€358,945 | -€538,362 | |
| Income taxes | 67/77 | €23,085 | €309 | -€22,776 | -98.7% |
| Profit (loss) for the period | 9904 | €156,331 | -€359,254 | -€515,586 | |
| Profit (loss) for the period to be appropriated | 9905 | €156,331 | -€359,254 | -€515,586 |
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 7 October 2026 via checked.be.