LE SOLO: 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.
LE SOLO
Largest movements
- Cash -€53,196
down €53,196 (-47.4%), from €112,249 to €59,052
mainly Trade debts (-€80,904) and Debts after one year (-€35,799)
- Tangible fixed assets -€39,272
down €39,272 (-9.9%), from €397,811 to €358,539
of which Other tangible fixed assets: -€21,265
- Receivables within one year -€25,173
down €25,173 (-44.1%), from €57,086 to €31,913
- Trade debts -€80,904
down €80,904 (-44.7%), from €181,157 to €100,253
- Debts after one year -€35,799
down €35,799 (-30.2%), from €118,641 to €82,842
- Tax, wage and social debts +€27,915
up €27,915 (+37.0%), from €75,544 to €103,459
of which Taxes: +€21,933
- Profit (loss) carried forward -€24,360
down €24,360, from €19,587 to -€4,772
- Other debts -€17,228
down €17,228 (-13.5%), from €128,035 to €110,807
- Gross operating margin -€142,962
down €142,962 (-17.0%), from €843,400 to €700,438
- Staff costs +€51,603
up €51,603 (+8.7%), from €593,611 to €645,214
- Depreciation +€31,849
up €31,849 (+120%), from €26,589 to €58,438
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.
Derived cash bridge
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 | €584,719 | €468,601 | -€116,117 | -19.9% |
| Fixed assets | 21/28 | €397,852 | €358,580 | -€39,272 | -9.9% |
| Tangible fixed assets | 22/27 | €397,811 | €358,539 | -€39,272 | -9.9% |
| Plant, machinery and equipment | 23 | €74,056 | €73,268 | -€788 | -1.1% |
| Furniture and vehicles | 24 | €64,098 | €46,879 | -€17,219 | -26.9% |
| Other tangible fixed assets | 26 | €259,657 | €238,392 | -€21,265 | -8.2% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €186,867 | €110,021 | -€76,845 | -41.1% |
| Stocks and contracts in progress | 3 | €17,532 | €17,532 | = | 0.0% |
| Stocks | 30/36 | €17,532 | €17,532 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €57,086 | €31,913 | -€25,173 | -44.1% |
| Trade receivables | 40 | €57,086 | €31,913 | -€25,173 | -44.1% |
| Cash at bank and in hand | 54/58 | €112,249 | €59,052 | -€53,196 | -47.4% |
| Deferred charges and accrued income | 490/1 | - | €1,524 | +€1,524 | |
| Total equity and liabilities | 10/49 | €584,719 | €468,601 | -€116,117 | -19.9% |
| Equity | 10/15 | €49,212 | €24,853 | -€24,360 | -49.5% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Contributions outside capital | 11 | €18,750 | €18,750 | = | 0.0% |
| Other | 1109/19 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €10,875 | €10,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,875 | €10,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,875 | €10,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,587 | -€4,772 | -€24,360 | |
| Amounts payable | 17/49 | €535,507 | €443,749 | -€91,758 | -17.1% |
| Amounts payable after more than one year | 17 | €118,641 | €82,842 | -€35,799 | -30.2% |
| Financial debts | 170/4 | €118,641 | €82,842 | -€35,799 | -30.2% |
| Amounts payable within one year | 42/48 | €416,866 | €360,907 | -€55,959 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €32,130 | €46,388 | +€14,258 | +44.4% |
| Trade debts | 44 | €181,157 | €100,253 | -€80,904 | -44.7% |
| Suppliers | 440/4 | €181,157 | €100,253 | -€80,904 | -44.7% |
| Taxes, remuneration and social security | 45 | €75,544 | €103,459 | +€27,915 | +37.0% |
| Taxes | 450/3 | €23,624 | €45,558 | +€21,933 | +92.8% |
| Remuneration and social security | 454/9 | €51,919 | €57,901 | +€5,982 | +11.5% |
| Other amounts payable | 47/48 | €128,035 | €110,807 | -€17,228 | -13.5% |
| Remuneration, social security and pensions | 62 | €593,611 | €645,214 | +€51,603 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,589 | €58,438 | +€31,849 | +120% |
| Other operating charges | 640/8 | €898 | €1,186 | +€289 | +32.2% |
| Non-recurring operating charges | 66A | €578 | - | -€578 | |
| Gross operating margin | 9900 | €843,400 | €700,438 | -€142,962 | -17.0% |
| Operating profit (loss) | 9901 | €221,725 | -€4,400 | -€226,125 | |
| Financial income | 75/76B | €0 | €89 | +€88 | +46,542% |
| Recurring financial income | 75 | €0 | €89 | +€88 | +46,542% |
| Financial charges | 65/66B | €13,626 | €20,048 | +€6,422 | +47.1% |
| Recurring financial charges | 65 | €13,626 | €20,048 | +€6,422 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €208,099 | -€24,360 | -€232,459 | |
| Profit (loss) for the period | 9904 | €208,099 | -€24,360 | -€232,459 | |
| Profit (loss) for the period to be appropriated | 9905 | €208,099 | -€24,360 | -€232,459 |
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 29 October 2026 via checked.be.