IN SOLIDUM: what changed
Two fiscal 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.
IN SOLIDUM
Largest movements
- Current investments +€295,861
up €295,861 (+591.7%), from €50,000 to €345,861
- Cash -€171,533
down €171,533 (-67.8%), from €252,873 to €81,340
mainly Current investments (-€295,861) and Contributions, distributions and other (-€152,279)
- Receivables within one year +€50,843
up €50,843 (+76.2%), from €66,694 to €117,537
of which Other amounts receivable: +€37,695
- Reserves +€148,025
up €148,025 (+38.9%), from €380,550 to €528,575
- Other debts +€33,863
up €33,863 (+110.7%), from €30,581 to €64,444
- Gross operating margin +€212,933
up €212,933 (+86.7%), from €245,523 to €458,455
- Taxes +€73,547
up €73,547 (+99.0%), from €74,309 to €147,856
- Financial income +€19,492
up €19,492 (+438.7%), from €4,443 to €23,936
- Other operating charges +€5,329
up €5,329 (+120.3%), from €4,429 to €9,758
- Financial charges +€5,298
up €5,298 (+348.7%), from €1,519 to €6,817
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 | €452,046 | €633,454 | +€181,408 | +40.1% |
| Fixed assets | 21/28 | €77,583 | €82,194 | +€4,611 | +5.9% |
| Tangible fixed assets | 22/27 | €75,779 | €80,390 | +€4,611 | +6.1% |
| Plant, machinery and equipment | 23 | €10,439 | €21,928 | +€11,490 | +110.1% |
| Furniture and vehicles | 24 | €64,859 | €58,462 | -€6,397 | -9.9% |
| Other tangible fixed assets | 26 | €482 | - | -€482 | |
| Financial fixed assets | 28 | €1,804 | €1,804 | = | 0.0% |
| Current assets | 29/58 | €374,464 | €551,260 | +€176,797 | +47.2% |
| Amounts receivable within one year | 40/41 | €66,694 | €117,537 | +€50,843 | +76.2% |
| Trade receivables | 40 | €1,649 | €14,798 | +€13,149 | +797.1% |
| Other amounts receivable | 41 | €65,045 | €102,739 | +€37,695 | +58.0% |
| Current investments | 50/53 | €50,000 | €345,861 | +€295,861 | +591.7% |
| Cash at bank and in hand | 54/58 | €252,873 | €81,340 | -€171,533 | -67.8% |
| Deferred charges and accrued income | 490/1 | €4,896 | €6,522 | +€1,626 | +33.2% |
| Total equity and liabilities | 10/49 | €452,046 | €633,454 | +€181,408 | +40.1% |
| Equity | 10/15 | €399,150 | €547,175 | +€148,025 | +37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €380,550 | €528,575 | +€148,025 | +38.9% |
| Distributable reserves | 133 | €380,550 | €528,575 | +€148,025 | +38.9% |
| Amounts payable | 17/49 | €52,896 | €86,279 | +€33,382 | +63.1% |
| Amounts payable within one year | 42/48 | €52,896 | €86,279 | +€33,382 | +63.1% |
| Trade debts | 44 | €3,489 | €2,742 | -€747 | -21.4% |
| Suppliers | 440/4 | €3,489 | €2,742 | -€747 | -21.4% |
| Taxes, remuneration and social security | 45 | €18,827 | €19,093 | +€266 | +1.4% |
| Taxes | 450/3 | €18,827 | €19,093 | +€266 | +1.4% |
| Other amounts payable | 47/48 | €30,581 | €64,444 | +€33,863 | +110.7% |
| Remuneration, social security and pensions | 62 | €787 | €929 | +€142 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,650 | €16,727 | -€4,923 | -22.7% |
| Other operating charges | 640/8 | €4,429 | €9,758 | +€5,329 | +120.3% |
| Gross operating margin | 9900 | €245,523 | €458,455 | +€212,933 | +86.7% |
| Operating profit (loss) | 9901 | €218,657 | €431,041 | +€212,385 | +97.1% |
| Financial income | 75/76B | €4,443 | €23,936 | +€19,492 | +438.7% |
| Recurring financial income | 75 | €4,443 | €23,936 | +€19,492 | +438.7% |
| Financial charges | 65/66B | €1,519 | €6,817 | +€5,298 | +348.7% |
| Recurring financial charges | 65 | €1,519 | €6,817 | +€5,298 | +348.7% |
| Profit (loss) for the period before taxes | 9903 | €221,580 | €448,160 | +€226,579 | +102.3% |
| Income taxes | 67/77 | €74,309 | €147,856 | +€73,547 | +99.0% |
| Profit (loss) for the period | 9904 | €147,271 | €300,304 | +€153,033 | +103.9% |
| Profit (loss) for the period to be appropriated | 9905 | €147,271 | €300,304 | +€153,033 | +103.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.