Work Sol-ID: 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.
Work Sol-ID
Largest movements
- Cash +€88,916
up €88,916 (+46.3%), from €191,867 to €280,783
mainly Other debts (+€133,476) and Net result for the year (+€123,134)
- Receivables within one year +€39,305
up €39,305 (+249.7%), from €15,740 to €55,045
of which Trade receivables: +€36,712
- Current investments +€18,000
up €18,000 (+27.4%), from €65,669 to €83,669
- Tangible fixed assets -€17,580
down €17,580 (-6.4%), from €275,960 to €258,380
of which Leasing and similar rights: -€11,938
- Other debts +€133,476
up €133,476 (+669.9%), from €19,925 to €153,401
- Reserves -€36,101
down €36,101 (-10.5%), from €343,557 to €307,456
of which Distributable reserves: -€27,657
- Trade debts +€31,440
up €31,440 (+273.6%), from €11,492 to €42,933
- Advances received +€28,500
new in 2025: €28,500
- Debts after one year -€17,716
down €17,716 (-14.5%), from €121,767 to €104,051
- Gross operating margin +€96,791
up €96,791 (+99.4%), from €97,346 to €194,137
- Taxes +€13,275
up €13,275 (+53.2%), from €24,942 to €38,217
- Write-downs +€3,883
new in 2025: €3,883
- Depreciation +€3,726
up €3,726 (+15.9%), from €23,478 to €27,205
- Financial income +€2,995
up €2,995 (+18611.1%), from €16 to €3,011
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 | €561,248 | €690,203 | +€128,955 | +23.0% |
| Fixed assets | 21/28 | €275,960 | €258,380 | -€17,580 | -6.4% |
| Tangible fixed assets | 22/27 | €275,960 | €258,380 | -€17,580 | -6.4% |
| Plant, machinery and equipment | 23 | - | €516 | +€516 | |
| Furniture and vehicles | 24 | €34,039 | €32,351 | -€1,688 | -5.0% |
| Leasing and similar rights | 25 | €222,696 | €210,758 | -€11,938 | -5.4% |
| Other tangible fixed assets | 26 | €19,226 | €14,756 | -€4,469 | -23.2% |
| Current assets | 29/58 | €285,288 | €431,823 | +€146,535 | +51.4% |
| Stocks and contracts in progress | 3 | €8,765 | €8,962 | +€197 | +2.2% |
| Stocks | 30/36 | €8,765 | €8,962 | +€197 | +2.2% |
| Amounts receivable within one year | 40/41 | €15,740 | €55,045 | +€39,305 | +249.7% |
| Trade receivables | 40 | €15,159 | €51,870 | +€36,712 | +242.2% |
| Other amounts receivable | 41 | €581 | €3,175 | +€2,593 | +446.2% |
| Current investments | 50/53 | €65,669 | €83,669 | +€18,000 | +27.4% |
| Cash at bank and in hand | 54/58 | €191,867 | €280,783 | +€88,916 | +46.3% |
| Deferred charges and accrued income | 490/1 | €3,247 | €3,365 | +€117 | +3.6% |
| Total equity and liabilities | 10/49 | €561,248 | €690,203 | +€128,955 | +23.0% |
| Equity | 10/15 | €345,057 | €308,956 | -€36,101 | -10.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €343,557 | €307,456 | -€36,101 | -10.5% |
| Tax-exempt reserves | 132 | €89,895 | €81,451 | -€8,444 | -9.4% |
| Distributable reserves | 133 | €253,662 | €226,005 | -€27,657 | -10.9% |
| Provisions and deferred taxes | 16 | €29,965 | €27,150 | -€2,815 | -9.4% |
| Deferred taxes | 168 | €29,965 | €27,150 | -€2,815 | -9.4% |
| Amounts payable | 17/49 | €186,226 | €354,096 | +€167,870 | +90.1% |
| Amounts payable after more than one year | 17 | €121,767 | €104,051 | -€17,716 | -14.5% |
| Financial debts | 170/4 | €121,767 | €104,051 | -€17,716 | -14.5% |
| Amounts payable within one year | 42/48 | €61,341 | €246,918 | +€185,577 | +302.5% |
| Current portion of amounts payable after more than one year | 42 | €17,429 | €17,716 | +€288 | +1.7% |
| Trade debts | 44 | €11,492 | €42,933 | +€31,440 | +273.6% |
| Suppliers | 440/4 | €11,492 | €42,933 | +€31,440 | +273.6% |
| Advances received on contracts in progress | 46 | - | €28,500 | +€28,500 | |
| Taxes, remuneration and social security | 45 | €12,494 | €4,367 | -€8,127 | -65.0% |
| Taxes | 450/3 | €10,244 | €2,117 | -€8,127 | -79.3% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €19,925 | €153,401 | +€133,476 | +669.9% |
| Accrued charges and deferred income | 492/3 | €3,119 | €3,128 | +€9 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,478 | €27,205 | +€3,726 | +15.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,883 | +€3,883 | |
| Other operating charges | 640/8 | €1,038 | €2,055 | +€1,016 | +97.9% |
| Gross operating margin | 9900 | €97,346 | €194,137 | +€96,791 | +99.4% |
| Operating profit (loss) | 9901 | €72,830 | €160,995 | +€88,166 | +121.1% |
| Financial income | 75/76B | €16 | €3,011 | +€2,995 | +18611.1% |
| Recurring financial income | 75 | €16 | €3,011 | +€2,995 | +18611.1% |
| Financial charges | 65/66B | €5,773 | €5,470 | -€303 | -5.3% |
| Recurring financial charges | 65 | €5,773 | €5,470 | -€303 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €67,073 | €158,536 | +€91,463 | +136.4% |
| Transfer from deferred taxes | 780 | €2,320 | €2,815 | +€494 | +21.3% |
| Income taxes | 67/77 | €24,942 | €38,217 | +€13,275 | +53.2% |
| Profit (loss) for the period | 9904 | €44,451 | €123,134 | +€78,683 | +177.0% |
| Transfer from tax-exempt reserves | 789 | €6,960 | €8,444 | +€1,483 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,411 | €131,578 | +€80,166 | +155.9% |
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.