MF SOLUX: 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.
MF SOLUX
Largest movements
- Receivables within one year +€57,484
up €57,484 (+70.2%), from €81,915 to €139,399
- Other debts +€52,261
new in 2025: €52,261
- Short-term financial debts +€6,170
new in 2025: €6,170
- Tax, wage and social debts -€3,933
no longer reported in 2025 (was €3,933)
- Profit (loss) carried forward +€3,217
up €3,217 (+4.9%), from €65,950 to €69,167
- Gross operating margin -€16,034
down €16,034 (-72.9%), from €21,992 to €5,958
- Financial charges -€1,617
no longer reported in 2025 (was €1,617)
- Depreciation +€660
up €660 (+31.8%), from €2,080 to €2,741
- Other operating charges -€453
no longer reported in 2025 (was €453)
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 | €89,103 | €146,818 | +€57,715 | +64.8% |
| Fixed assets | 21/28 | €7,187 | €7,419 | +€231 | +3.2% |
| Tangible fixed assets | 22/27 | €7,187 | €7,419 | +€231 | +3.2% |
| Furniture and vehicles | 24 | €7,187 | €7,419 | +€231 | +3.2% |
| Current assets | 29/58 | €81,916 | €139,399 | +€57,483 | +70.2% |
| Amounts receivable within one year | 40/41 | €81,915 | €139,399 | +€57,484 | +70.2% |
| Trade receivables | 40 | €81,915 | €139,399 | +€57,484 | +70.2% |
| Cash at bank and in hand | 54/58 | €1 | - | -€1 | |
| Total equity and liabilities | 10/49 | €89,103 | €146,818 | +€57,715 | +64.8% |
| Equity | 10/15 | €85,170 | €88,387 | +€3,217 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,950 | €69,167 | +€3,217 | +4.9% |
| Amounts payable | 17/49 | €3,933 | €58,431 | +€54,498 | +1385.5% |
| Amounts payable within one year | 42/48 | €3,933 | €58,431 | +€54,498 | +1385.5% |
| Financial debts | 43 | - | €6,170 | +€6,170 | |
| Credit institutions | 430/8 | - | €6,170 | +€6,170 | |
| Taxes, remuneration and social security | 45 | €3,933 | - | -€3,933 | |
| Taxes | 450/3 | €3,933 | - | -€3,933 | |
| Other amounts payable | 47/48 | - | €52,261 | +€52,261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,080 | €2,741 | +€660 | +31.8% |
| Other operating charges | 640/8 | €453 | - | -€453 | |
| Gross operating margin | 9900 | €21,992 | €5,958 | -€16,034 | -72.9% |
| Operating profit (loss) | 9901 | €19,458 | €3,217 | -€16,241 | -83.5% |
| Financial charges | 65/66B | €1,617 | - | -€1,617 | |
| Recurring financial charges | 65 | €1,617 | - | -€1,617 | |
| Profit (loss) for the period before taxes | 9903 | €17,842 | €3,217 | -€14,624 | -82.0% |
| Profit (loss) for the period | 9904 | €17,842 | €3,217 | -€14,624 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,842 | €3,217 | -€14,624 | -82.0% |
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 4 October 2026 via checked.be.