ULTIMATE SOLUTIONS: 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.
ULTIMATE SOLUTIONS
Largest movements
- Tangible fixed assets -€887,230
down €887,230 (-100%), from €887,230 to €0
of which Land and buildings: -€886,924
- Cash +€371,534
up €371,534 (+9,820%), from €3,784 to €375,318
mainly Investment in fixed assets (net) (+€887,230) and Net result for the year (+€104,293)
- Receivables within one year +€62,917
up €62,917 (+1,105%), from €5,694 to €68,611
of which Other amounts receivable: +€68,611
- Debts after one year -€569,048
down €569,048 (-100%), from €569,048 to €0
- Profit (loss) carried forward +€104,293
up €104,293 (+69.3%), from -€150,392 to -€46,099
- Trade debts +€11,564
up €11,564 (+386%), from €2,998 to €14,562
- Gross operating margin +€134,938
up €134,938 (+1,814%), from €7,439 to €142,377
- Depreciation -€38,532
down €38,532 (-100%), from €38,532 to €0
- Financial charges +€36,789
up €36,789 (+21,864%), from €168 to €36,957
- Other operating charges -€1,843
down €1,843 (-42.4%), from €4,352 to €2,509
- Financial income +€1,841
new in 2025: €1,841
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 | €896,708 | €444,002 | -€452,706 | -50.5% |
| Fixed assets | 21/28 | €887,230 | €0 | -€887,230 | -100% |
| Tangible fixed assets | 22/27 | €887,230 | €0 | -€887,230 | -100% |
| Land and buildings | 22 | €886,924 | €0 | -€886,924 | -100% |
| Plant, machinery and equipment | 23 | €306 | €0 | -€306 | -100% |
| Current assets | 29/58 | €9,478 | €444,002 | +€434,524 | +4,585% |
| Amounts receivable within one year | 40/41 | €5,694 | €68,611 | +€62,917 | +1,105% |
| Trade receivables | 40 | €5,694 | €0 | -€5,694 | -100% |
| Other amounts receivable | 41 | - | €68,611 | +€68,611 | |
| Cash at bank and in hand | 54/58 | €3,784 | €375,318 | +€371,534 | +9,820% |
| Deferred charges and accrued income | 490/1 | - | €73 | +€73 | |
| Total equity and liabilities | 10/49 | €896,708 | €444,002 | -€452,706 | -50.5% |
| Equity | 10/15 | €324,437 | €428,731 | +€104,293 | +32.1% |
| Contributions | 10/11 | €407,040 | €407,040 | = | 0.0% |
| Capital | 10 | €407,040 | €407,040 | = | 0.0% |
| Issued capital | 100 | €407,040 | €407,040 | = | 0.0% |
| Reserves | 13 | €67,789 | €67,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,704 | €40,704 | = | 0.0% |
| Legal reserve | 130 | €40,704 | €40,704 | = | 0.0% |
| Distributable reserves | 133 | €27,085 | €27,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,392 | -€46,099 | +€104,293 | +69.3% |
| Amounts payable | 17/49 | €572,271 | €15,272 | -€556,999 | -97.3% |
| Amounts payable after more than one year | 17 | €569,048 | €0 | -€569,048 | -100% |
| Financial debts | 170/4 | €569,048 | €0 | -€569,048 | -100% |
| Amounts payable within one year | 42/48 | €3,019 | €15,272 | +€12,253 | +406% |
| Trade debts | 44 | €2,998 | €14,562 | +€11,564 | +386% |
| Suppliers | 440/4 | €2,998 | €14,562 | +€11,564 | +386% |
| Taxes, remuneration and social security | 45 | €21 | €710 | +€688 | +3,230% |
| Taxes | 450/3 | €21 | €342 | +€320 | +1,503% |
| Remuneration and social security | 454/9 | - | €368 | +€368 | |
| Accrued charges and deferred income | 492/3 | €204 | €0 | -€204 | -100% |
| Non-recurring operating income | 76A | - | €199,009 | +€199,009 | |
| Remuneration, social security and pensions | 62 | - | €459 | +€459 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,532 | €0 | -€38,532 | -100% |
| Other operating charges | 640/8 | €4,352 | €2,509 | -€1,843 | -42.4% |
| Gross operating margin | 9900 | €7,439 | €142,377 | +€134,938 | +1,814% |
| Operating profit (loss) | 9901 | -€35,445 | €139,409 | +€174,855 | |
| Financial income | 75/76B | - | €1,841 | +€1,841 | |
| Recurring financial income | 75 | - | €1,841 | +€1,841 | |
| Financial charges | 65/66B | €168 | €36,957 | +€36,789 | +21,864% |
| Recurring financial charges | 65 | €168 | €36,957 | +€36,789 | +21,864% |
| Profit (loss) for the period before taxes | 9903 | -€35,614 | €104,293 | +€139,907 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -79.1% |
| Profit (loss) for the period | 9904 | -€35,615 | €104,293 | +€139,908 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,615 | €104,293 | +€139,908 |
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.