SOLVEMUS: 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.
SOLVEMUS
Largest movements
- Cash +€21,089
up €21,089 (+24.2%), from €87,012 to €108,101
mainly Net result for the year (+€34,991) and Other debts (+€6,107)
- Receivables within one year +€1,912
up €1,912 (+22.0%), from €8,678 to €10,590
of which Trade receivables: +€1,683
- Reserves +€13,481
up €13,481 (+9.9%), from €135,739 to €149,220
- Other debts +€6,107
up €6,107 (+39.6%), from €15,403 to €21,510
- Gross operating margin +€13,525
up €13,525 (+36.8%), from €36,778 to €50,303
- Taxes +€3,658
up €3,658 (+36.3%), from €10,089 to €13,747
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 | €156,105 | €178,031 | +€21,927 | +14.0% |
| Fixed assets | 21/28 | €2,601 | €1,653 | -€947 | -36.4% |
| Tangible fixed assets | 22/27 | €2,601 | €1,653 | -€947 | -36.4% |
| Land and buildings | 22 | €838 | €626 | -€212 | -25.3% |
| Plant, machinery and equipment | 23 | €1,763 | €0 | -€1,763 | -100% |
| Furniture and vehicles | 24 | - | €1,028 | +€1,028 | |
| Current assets | 29/58 | €153,504 | €176,378 | +€22,874 | +14.9% |
| Amounts receivable within one year | 40/41 | €8,678 | €10,590 | +€1,912 | +22.0% |
| Trade receivables | 40 | €8,578 | €10,261 | +€1,683 | +19.6% |
| Other amounts receivable | 41 | €101 | €329 | +€228 | +227% |
| Current investments | 50/53 | €55,045 | €55,045 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,012 | €108,101 | +€21,089 | +24.2% |
| Deferred charges and accrued income | 490/1 | €2,769 | €2,643 | -€127 | -4.6% |
| Total equity and liabilities | 10/49 | €156,105 | €178,031 | +€21,927 | +14.0% |
| Equity | 10/15 | €137,599 | €151,080 | +€13,481 | +9.8% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €135,739 | €149,220 | +€13,481 | +9.9% |
| Distributable reserves | 133 | €135,739 | €149,220 | +€13,481 | +9.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,505 | €26,951 | +€8,446 | +45.6% |
| Amounts payable within one year | 42/48 | €18,505 | €26,063 | +€7,558 | +40.8% |
| Trade debts | 44 | €215 | €1,116 | +€900 | +418% |
| Suppliers | 440/4 | €215 | €1,116 | +€900 | +418% |
| Taxes, remuneration and social security | 45 | €2,887 | €3,438 | +€550 | +19.1% |
| Taxes | 450/3 | €2,887 | €3,438 | +€550 | +19.1% |
| Other amounts payable | 47/48 | €15,403 | €21,510 | +€6,107 | +39.6% |
| Accrued charges and deferred income | 492/3 | - | €888 | +€888 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,058 | €2,029 | -€29 | -1.4% |
| Other operating charges | 640/8 | €661 | €520 | -€142 | -21.4% |
| Gross operating margin | 9900 | €36,778 | €50,303 | +€13,525 | +36.8% |
| Operating profit (loss) | 9901 | €34,058 | €47,754 | +€13,695 | +40.2% |
| Financial income | 75/76B | €906 | €1,180 | +€274 | +30.2% |
| Recurring financial income | 75 | €906 | €1,180 | +€274 | +30.2% |
| Financial charges | 65/66B | €171 | €196 | +€25 | +14.7% |
| Recurring financial charges | 65 | €171 | €196 | +€25 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €34,793 | €48,738 | +€13,944 | +40.1% |
| Income taxes | 67/77 | €10,089 | €13,747 | +€3,658 | +36.3% |
| Profit (loss) for the period | 9904 | €24,705 | €34,991 | +€10,286 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,705 | €34,991 | +€10,286 | +41.6% |
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 15 October 2026 via checked.be.