SOLUTION4TRANSLATION: 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.
SOLUTION4TRANSLATION
Largest movements
- Tangible fixed assets -€4,442
down €4,442 (-39.4%), from €11,263 to €6,821
- Cash -€1,850
down €1,850 (-25.1%), from €7,363 to €5,513
mainly Debts after one year (-€3,871) and Net result for the year (-€1,680)
- Receivables within one year +€1,494
up €1,494 (+45.3%), from €3,297 to €4,791
of which Other amounts receivable: +€1,452
- Debts after one year -€3,871
down €3,871 (-61.0%), from €6,350 to €2,479
- Profit (loss) carried forward -€1,680
down €1,680 (-172%), from -€975 to -€2,655
- Other debts -€703
down €703 (-8.5%), from €8,258 to €7,555
- Tax, wage and social debts +€655
up €655 (+87.0%), from €753 to €1,408
- Trade debts +€630
up €630 (+100%), from €627 to €1,257
- Depreciation +€1,338
up €1,338 (+48.2%), from €2,777 to €4,115
- Gross operating margin +€490
up €490 (+7.7%), from €6,355 to €6,845
- Taxes -€282
down €282 (-13.0%), from €2,177 to €1,895
- Financial charges +€263
up €263 (+44.0%), from €598 to €861
of which Non-recurring financial charges: +€327
- Financial income +€233
up €233 (+409%), from €57 to €290
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,923 | €17,125 | -€4,798 | -21.9% |
| Fixed assets | 21/28 | €11,263 | €6,821 | -€4,442 | -39.4% |
| Tangible fixed assets | 22/27 | €11,263 | €6,821 | -€4,442 | -39.4% |
| Furniture and vehicles | 24 | €11,263 | €6,821 | -€4,442 | -39.4% |
| Current assets | 29/58 | €10,660 | €10,304 | -€356 | -3.3% |
| Amounts receivable within one year | 40/41 | €3,297 | €4,791 | +€1,494 | +45.3% |
| Trade receivables | 40 | €3,172 | €3,214 | +€42 | +1.3% |
| Other amounts receivable | 41 | €125 | €1,577 | +€1,452 | +1,162% |
| Cash at bank and in hand | 54/58 | €7,363 | €5,513 | -€1,850 | -25.1% |
| Total equity and liabilities | 10/49 | €21,923 | €17,125 | -€4,798 | -21.9% |
| Equity | 10/15 | €2,526 | €846 | -€1,680 | -66.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€975 | -€2,655 | -€1,680 | -172% |
| Amounts payable | 17/49 | €19,397 | €16,279 | -€3,118 | -16.1% |
| Amounts payable after more than one year | 17 | €6,350 | €2,479 | -€3,871 | -61.0% |
| Financial debts | 170/4 | €6,350 | €2,479 | -€3,871 | -61.0% |
| Amounts payable within one year | 42/48 | €13,047 | €13,800 | +€753 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €3,409 | €3,580 | +€171 | +5.0% |
| Trade debts | 44 | €627 | €1,257 | +€630 | +100% |
| Suppliers | 440/4 | €627 | €1,257 | +€630 | +100% |
| Taxes, remuneration and social security | 45 | €753 | €1,408 | +€655 | +87.0% |
| Taxes | 450/3 | €753 | €1,408 | +€655 | +87.0% |
| Other amounts payable | 47/48 | €8,258 | €7,555 | -€703 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,777 | €4,115 | +€1,338 | +48.2% |
| Other operating charges | 640/8 | €1,926 | €1,944 | +€18 | +0.9% |
| Gross operating margin | 9900 | €6,355 | €6,845 | +€490 | +7.7% |
| Operating profit (loss) | 9901 | €1,652 | €786 | -€866 | -52.4% |
| Financial income | 75/76B | €57 | €290 | +€233 | +409% |
| Recurring financial income | 75 | €57 | €290 | +€233 | +409% |
| Financial charges | 65/66B | €598 | €861 | +€263 | +44.0% |
| Recurring financial charges | 65 | €598 | €534 | -€64 | -10.7% |
| Non-recurring financial charges | 66B | - | €327 | +€327 | |
| Profit (loss) for the period before taxes | 9903 | €1,111 | €215 | -€896 | -80.6% |
| Income taxes | 67/77 | €2,177 | €1,895 | -€282 | -13.0% |
| Profit (loss) for the period | 9904 | -€1,066 | -€1,680 | -€614 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,066 | -€1,680 | -€614 | -57.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.