INTERIM SOLUTIONS: what changed
INTERIM SOLUTIONS
Largest movements
- Receivables after one year -€61,325
down €61,325 (-100%), from €61,325 to €0
- Receivables within one year +€1,907
up €1,907 (+31.9%), from €5,979 to €7,886
- Cash -€1,601
down €1,601 (-18.2%), from €8,792 to €7,191
mainly Contributions, distributions and other (-€50,499) and Net result for the year (-€9,991)
- Reserves -€50,499
down €50,499 (-27.5%), from €183,874 to €133,375
- Profit (loss) carried forward -€9,991
down €9,991 (-8.3%), from -€120,723 to -€130,715
- Other debts -€1,079
down €1,079 (-69.1%), from €1,560 to €481
- Gross operating margin +€40,110
up €40,110 (+80.4%), from -€49,890 to -€9,780
- Financial income -€2,280
down €2,280 (-99.9%), from €2,282 to €2
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,111 | €15,558 | -€61,552 | -79.8% |
| Current assets | 29/58 | €77,111 | €15,558 | -€61,552 | -79.8% |
| Amounts receivable after more than one year | 29 | €61,325 | €0 | -€61,325 | -100% |
| Trade receivables | 290 | €61,325 | €0 | -€61,325 | -100% |
| Amounts receivable within one year | 40/41 | €5,979 | €7,886 | +€1,907 | +31.9% |
| Other amounts receivable | 41 | €5,979 | €7,886 | +€1,907 | +31.9% |
| Current investments | 50/53 | €480 | €482 | +€1 | +0.2% |
| Cash at bank and in hand | 54/58 | €8,792 | €7,191 | -€1,601 | -18.2% |
| Deferred charges and accrued income | 490/1 | €534 | €0 | -€534 | -100% |
| Total equity and liabilities | 10/49 | €77,111 | €15,558 | -€61,552 | -79.8% |
| Equity | 10/15 | €75,551 | €15,060 | -€60,491 | -80.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €183,874 | €133,375 | -€50,499 | -27.5% |
| Distributable reserves | 133 | €183,874 | €133,375 | -€50,499 | -27.5% |
| Profit (loss) carried forward | 14 | -€120,723 | -€130,715 | -€9,991 | -8.3% |
| Amounts payable | 17/49 | €1,560 | €498 | -€1,062 | -68.1% |
| Amounts payable within one year | 42/48 | €1,560 | €498 | -€1,062 | -68.1% |
| Trade debts | 44 | €0 | €17 | +€17 | |
| Suppliers | 440/4 | €0 | €17 | +€17 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,560 | €481 | -€1,079 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100% |
| Gross operating margin | 9900 | -€49,890 | -€9,780 | +€40,110 | +80.4% |
| Operating profit (loss) | 9901 | -€50,277 | -€9,780 | +€40,497 | +80.5% |
| Financial income | 75/76B | €2,282 | €2 | -€2,280 | -99.9% |
| Recurring financial income | 75 | €2,282 | €2 | -€2,280 | -99.9% |
| Financial charges | 65/66B | €191 | €213 | +€21 | +11.2% |
| Recurring financial charges | 65 | €191 | €213 | +€21 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | -€48,186 | -€9,991 | +€38,195 | +79.3% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€48,186 | -€9,991 | +€38,195 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,186 | -€9,991 | +€38,195 | +79.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.