SOLUTIONS4MATERIALS: 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.
What changed
SOLUTIONS4MATERIALS
NACE 47.742, Retail sale of prescription glasses, lenses and sunglasses
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€356,896
2023 · €205,949+€150,947
Equity
€1.5m
2023 · €1.2m+€356,896
Cash
-
2023 · €950-€950
Balance sheet total
€5.8m
2023 · €5.1m+€701,543
Largest movements
Assets
- Receivables within one year +€790,760
up €790,760 (+29.6%), from €2.7m to €3.5m
of which Trade receivables: +€787,860
- Intangible fixed assets +€378,479
up €378,479 (+597.1%), from €63,386 to €441,865
- Tangible fixed assets -€354,364
down €354,364 (-26.2%), from €1.4m to €999,108
of which Plant, machinery and equipment: -€381,014
- Deferred charges and accrued income -€63,385
down €63,385 (-61.2%), from €103,500 to €40,115
Equity and liabilities
- Reserves +€356,896
up €356,896 (+60.0%), from €595,131 to €952,027
of which Distributable reserves: +€339,051
- Other debts +€309,891
up €309,891 (+12.3%), from €2.5m to €2.8m
- Trade debts +€65,228
up €65,228 (+7.6%), from €863,197 to €928,425
Income statement
- Gross operating margin +€125,973
up €125,973 (+3.6%), from €3.5m to €3.7m
From the 2023 result to the 2024 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 2023
€205,949
Gross operating margin
+€125,973
Staff costs
-€28,861
Depreciation
-€23,554
Write-downs
-€11,418
Other operating charges
+€7,464
Other operating items
+€106,027
Financial income
-€398
Financial charges
+€1,575
Taxes
-€25,860
Result 2024
€356,896
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€604,501
Investment
-€605,451
Financing
€0
Cash 2023
€950
From operations (derived)
+€604,501
Net result for the year
+€356,896
Depreciation
+€581,336
Stocks and contracts
+€48,996
Receivables within one year
-€790,760
Deferred charges and accrued income
+€63,385
Trade debts
+€65,228
Tax, wage and social debts
+€14,151
Other debts
+€309,891
Accrued charges and deferred income
-€44,623
Investment (derived)
-€605,451
Investment in fixed assets (net)
-€605,451
Cash 2024
€0
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,125,946 | €5,827,489 | +€701,543 | +13.7% |
| Fixed assets | 21/28 | €1,417,359 | €1,441,473 | +€24,115 | +1.7% |
| Intangible fixed assets | 21 | €63,386 | €441,865 | +€378,479 | +597.1% |
| Tangible fixed assets | 22/27 | €1,353,473 | €999,108 | -€354,364 | -26.2% |
| Plant, machinery and equipment | 23 | €932,066 | €551,052 | -€381,014 | -40.9% |
| Furniture and vehicles | 24 | €377,605 | €395,223 | +€17,618 | +4.7% |
| Other tangible fixed assets | 26 | €43,802 | €52,834 | +€9,032 | +20.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €3,708,587 | €4,386,015 | +€677,428 | +18.3% |
| Stocks and contracts in progress | 3 | €936,051 | €887,055 | -€48,996 | -5.2% |
| Stocks | 30/36 | €936,051 | €887,055 | -€48,996 | -5.2% |
| Amounts receivable within one year | 40/41 | €2,668,085 | €3,458,845 | +€790,760 | +29.6% |
| Trade receivables | 40 | €2,668,085 | €3,455,945 | +€787,860 | +29.5% |
| Other amounts receivable | 41 | - | €2,900 | +€2,900 | |
| Cash at bank and in hand | 54/58 | €950 | - | -€950 | |
| Deferred charges and accrued income | 490/1 | €103,500 | €40,115 | -€63,385 | -61.2% |
| Total equity and liabilities | 10/49 | €5,125,946 | €5,827,489 | +€701,543 | +13.7% |
| Equity | 10/15 | €1,163,336 | €1,520,232 | +€356,896 | +30.7% |
| Contributions | 10/11 | €568,205 | €568,205 | = | 0.0% |
| Capital | 10 | €568,205 | €568,205 | = | 0.0% |
| Issued capital | 100 | €568,205 | €568,205 | = | 0.0% |
| Reserves | 13 | €595,131 | €952,027 | +€356,896 | +60.0% |
| Non-distributable reserves | 130/1 | €39,550 | €57,394 | +€17,845 | +45.1% |
| Legal reserve | 130 | €39,550 | €57,394 | +€17,845 | +45.1% |
| Distributable reserves | 133 | €555,581 | €894,633 | +€339,051 | +61.0% |
| Amounts payable | 17/49 | €3,962,610 | €4,307,257 | +€344,647 | +8.7% |
| Amounts payable within one year | 42/48 | €3,865,337 | €4,254,607 | +€389,270 | +10.1% |
| Trade debts | 44 | €863,197 | €928,425 | +€65,228 | +7.6% |
| Suppliers | 440/4 | €863,197 | €928,425 | +€65,228 | +7.6% |
| Taxes, remuneration and social security | 45 | €487,659 | €501,811 | +€14,151 | +2.9% |
| Taxes | 450/3 | €154,380 | €173,092 | +€18,711 | +12.1% |
| Remuneration and social security | 454/9 | €333,279 | €328,719 | -€4,560 | -1.4% |
| Other amounts payable | 47/48 | €2,514,480 | €2,824,371 | +€309,891 | +12.3% |
| Accrued charges and deferred income | 492/3 | €97,273 | €52,650 | -€44,623 | -45.9% |
| Non-recurring operating income | 76A | - | €65,658 | +€65,658 | |
| Remuneration, social security and pensions | 62 | €2,452,922 | €2,481,783 | +€28,861 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €557,782 | €581,336 | +€23,554 | +4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,418 | +€11,418 | |
| Other operating charges | 640/8 | €16,852 | €9,388 | -€7,464 | -44.3% |
| Non-recurring operating charges | 66A | €142,452 | €36,425 | -€106,027 | -74.4% |
| Gross operating margin | 9900 | €3,535,743 | €3,661,716 | +€125,973 | +3.6% |
| Operating profit (loss) | 9901 | €365,735 | €541,365 | +€175,630 | +48.0% |
| Financial income | 75/76B | €551 | €154 | -€398 | -72.1% |
| Recurring financial income | 75 | €551 | €154 | -€398 | -72.1% |
| Financial charges | 65/66B | €22,661 | €21,086 | -€1,575 | -6.9% |
| Recurring financial charges | 65 | €22,661 | €21,086 | -€1,575 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €343,626 | €520,433 | +€176,807 | +51.5% |
| Income taxes | 67/77 | €137,677 | €163,537 | +€25,860 | +18.8% |
| Profit (loss) for the period | 9904 | €205,949 | €356,896 | +€150,947 | +73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €205,949 | €356,896 | +€150,947 | +73.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.