THINK SOLID: 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.
THINK SOLID
Largest movements
- Receivables within one year +€53,059
up €53,059 (+208.0%), from €25,513 to €78,572
of which Trade receivables: +€58,135
- Cash -€7,964
down €7,964 (-72.3%), from €11,008 to €3,044
mainly Receivables within one year (-€53,059)
- Intangible fixed assets -€4,044
down €4,044 (-72.3%), from €5,597 to €1,553
- Tangible fixed assets -€3,324
down €3,324 (-66.5%), from €4,998 to €1,674
of which Furniture and vehicles: -€2,818
- Trade debts +€27,523
up €27,523 (+293.2%), from €9,388 to €36,910
- Profit (loss) carried forward +€9,417
up €9,417, from -€9,089 to €329
- Gross operating margin +€15,160
up €15,160 (+776.9%), from €1,951 to €17,111
- Taxes +€313
new in 2025: €313
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 | €47,116 | €84,843 | +€37,727 | +80.1% |
| Fixed assets | 21/28 | €10,595 | €3,227 | -€7,368 | -69.5% |
| Intangible fixed assets | 21 | €5,597 | €1,553 | -€4,044 | -72.3% |
| Tangible fixed assets | 22/27 | €4,998 | €1,674 | -€3,324 | -66.5% |
| Plant, machinery and equipment | 23 | €721 | €215 | -€506 | -70.2% |
| Furniture and vehicles | 24 | €4,277 | €1,459 | -€2,818 | -65.9% |
| Current assets | 29/58 | €36,521 | €81,616 | +€45,095 | +123.5% |
| Amounts receivable within one year | 40/41 | €25,513 | €78,572 | +€53,059 | +208.0% |
| Trade receivables | 40 | €17,439 | €75,574 | +€58,135 | +333.4% |
| Other amounts receivable | 41 | €8,074 | €2,998 | -€5,076 | -62.9% |
| Cash at bank and in hand | 54/58 | €11,008 | €3,044 | -€7,964 | -72.3% |
| Total equity and liabilities | 10/49 | €47,116 | €84,843 | +€37,727 | +80.1% |
| Equity | 10/15 | €911 | €10,329 | +€9,417 | +1033.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,089 | €329 | +€9,417 | |
| Amounts payable | 17/49 | €46,205 | €74,514 | +€28,310 | +61.3% |
| Amounts payable within one year | 42/48 | €46,205 | €74,514 | +€28,310 | +61.3% |
| Trade debts | 44 | €9,388 | €36,910 | +€27,523 | +293.2% |
| Suppliers | 440/4 | €9,388 | €36,910 | +€27,523 | +293.2% |
| Taxes, remuneration and social security | 45 | - | €313 | +€313 | |
| Taxes | 450/3 | - | €313 | +€313 | |
| Other amounts payable | 47/48 | €36,817 | €37,292 | +€475 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,368 | €7,368 | = | 0.0% |
| Gross operating margin | 9900 | €1,951 | €17,111 | +€15,160 | +776.9% |
| Operating profit (loss) | 9901 | -€5,417 | €9,743 | +€15,160 | |
| Financial charges | 65/66B | €39 | €13 | -€26 | -67.3% |
| Recurring financial charges | 65 | €39 | €13 | -€26 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,456 | €9,730 | +€15,186 | |
| Income taxes | 67/77 | - | €313 | +€313 | |
| Profit (loss) for the period | 9904 | -€5,456 | €9,417 | +€14,873 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,456 | €9,417 | +€14,873 |
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 5 October 2026 via checked.be.