Untangle 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.
Untangle Solutions
Largest movements
- Cash +€41,069
up €41,069 (+38.4%), from €106,860 to €147,929
mainly Net result for the year (+€38,803) and Tax, wage and social debts (+€14,036)
- Receivables within one year +€16,517
up €16,517 (+300.0%), from €5,506 to €22,022
- Tangible fixed assets -€2,342
down €2,342 (-44.7%), from €5,235 to €2,893
- Reserves +€38,803
up €38,803 (+53.5%), from €72,584 to €111,387
- Tax, wage and social debts +€14,036
up €14,036 (+37.5%), from €37,418 to €51,454
of which Taxes: +€14,063
- Gross operating margin -€54,639
down €54,639 (-48.6%), from €112,326 to €57,687
- Taxes -€14,491
down €14,491 (-48.2%), from €30,058 to €15,567
- Other operating charges -€3,568
no longer reported in 2025 (was €3,568)
- Depreciation -€2,180
down €2,180 (-35.0%), from €6,232 to €4,052
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 | €117,601 | €172,844 | +€55,243 | +47.0% |
| Fixed assets | 21/28 | €5,235 | €2,893 | -€2,342 | -44.7% |
| Tangible fixed assets | 22/27 | €5,235 | €2,893 | -€2,342 | -44.7% |
| Furniture and vehicles | 24 | €5,235 | €2,893 | -€2,342 | -44.7% |
| Current assets | 29/58 | €112,365 | €169,951 | +€57,586 | +51.2% |
| Amounts receivable within one year | 40/41 | €5,506 | €22,022 | +€16,517 | +300.0% |
| Trade receivables | 40 | €5,506 | €22,022 | +€16,517 | +300.0% |
| Cash at bank and in hand | 54/58 | €106,860 | €147,929 | +€41,069 | +38.4% |
| Total equity and liabilities | 10/49 | €117,601 | €172,844 | +€55,243 | +47.0% |
| Equity | 10/15 | €77,584 | €116,387 | +€38,803 | +50.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €72,584 | €111,387 | +€38,803 | +53.5% |
| Distributable reserves | 133 | €72,584 | €111,387 | +€38,803 | +53.5% |
| Amounts payable | 17/49 | €40,017 | €56,457 | +€16,440 | +41.1% |
| Amounts payable within one year | 42/48 | €40,017 | €56,457 | +€16,440 | +41.1% |
| Trade debts | 44 | €367 | €1,912 | +€1,545 | +421.4% |
| Suppliers | 440/4 | €367 | €1,912 | +€1,545 | +421.4% |
| Taxes, remuneration and social security | 45 | €37,418 | €51,454 | +€14,036 | +37.5% |
| Taxes | 450/3 | €37,391 | €51,454 | +€14,063 | +37.6% |
| Remuneration and social security | 454/9 | €27 | - | -€27 | |
| Other amounts payable | 47/48 | €2,233 | €3,092 | +€859 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,232 | €4,052 | -€2,180 | -35.0% |
| Other operating charges | 640/8 | €3,568 | - | -€3,568 | |
| Gross operating margin | 9900 | €112,326 | €57,687 | -€54,639 | -48.6% |
| Operating profit (loss) | 9901 | €102,525 | €53,635 | -€48,890 | -47.7% |
| Financial income | 75/76B | €351 | €908 | +€557 | +159.0% |
| Recurring financial income | 75 | €351 | €908 | +€557 | +159.0% |
| Financial charges | 65/66B | €234 | €172 | -€62 | -26.5% |
| Recurring financial charges | 65 | €234 | €172 | -€62 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €102,641 | €54,370 | -€48,271 | -47.0% |
| Income taxes | 67/77 | €30,058 | €15,567 | -€14,491 | -48.2% |
| Profit (loss) for the period | 9904 | €72,584 | €38,803 | -€33,780 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €72,584 | €38,803 | -€33,780 | -46.5% |
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 10 October 2026 via checked.be.