RE-SOLE: what changed
RE-SOLE
Largest movements
- Cash +€33,368
up €33,368 (+21.8%), from €153,077 to €186,445
mainly Other debts (+€255,000) and Net result for the year (+€157,069)
- Receivables within one year +€13,164
up €13,164 (+5.3%), from €246,931 to €260,095
of which Other amounts receivable: +€15,895
- Other debts +€255,000
up €255,000 (+567%), from €45,000 to €300,000
- Profit (loss) carried forward -€142,930
down €142,930 (-98.5%), from €145,100 to €2,170
- Current portion of long-term debt -€84,396
no longer reported in 2025 (was €84,396)
- Tax, wage and social debts +€29,845
up €29,845 (+533%), from €5,603 to €35,448
- Trade debts -€12,150
down €12,150 (-23.0%), from €52,873 to €40,723
- Depreciation -€125,605
no longer reported in 2025 (was €125,605)
- Turnover +€39,353
up €39,353 (+19.4%), from €203,258 to €242,611
- Taxes +€11,424
up €11,424 (+101%), from €11,353 to €22,777
- Gross operating margin +€8,157
up €8,157 (+4.9%), from €165,119 to €173,276
- Financial income -€7,791
down €7,791 (-40.2%), from €19,387 to €11,596
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 | €401,172 | €446,540 | +€45,368 | +11.3% |
| Current assets | 29/58 | €401,172 | €446,540 | +€45,368 | +11.3% |
| Amounts receivable within one year | 40/41 | €246,931 | €260,095 | +€13,164 | +5.3% |
| Trade receivables | 40 | €12,925 | €10,194 | -€2,731 | -21.1% |
| Other amounts receivable | 41 | €234,006 | €249,901 | +€15,895 | +6.8% |
| Cash at bank and in hand | 54/58 | €153,077 | €186,445 | +€33,368 | +21.8% |
| Deferred charges and accrued income | 490/1 | €1,164 | - | -€1,164 | |
| Total equity and liabilities | 10/49 | €401,172 | €446,540 | +€45,368 | +11.3% |
| Equity | 10/15 | €213,300 | €70,370 | -€142,930 | -67.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,100 | €2,170 | -€142,930 | -98.5% |
| Amounts payable | 17/49 | €187,872 | €376,170 | +€188,298 | +100% |
| Amounts payable within one year | 42/48 | €187,872 | €376,170 | +€188,298 | +100% |
| Current portion of amounts payable after more than one year | 42 | €84,396 | - | -€84,396 | |
| Trade debts | 44 | €52,873 | €40,723 | -€12,150 | -23.0% |
| Suppliers | 440/4 | €52,873 | €40,723 | -€12,150 | -23.0% |
| Taxes, remuneration and social security | 45 | €5,603 | €35,448 | +€29,845 | +533% |
| Taxes | 450/3 | €5,603 | €35,448 | +€29,845 | +533% |
| Other amounts payable | 47/48 | €45,000 | €300,000 | +€255,000 | +567% |
| Turnover | 70 | €203,258 | €242,611 | +€39,353 | +19.4% |
| Non-recurring operating income | 76A | - | €10,473 | +€10,473 | |
| Goods, raw materials, services and sundry goods | 60/61 | €79,152 | €79,823 | +€671 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,605 | - | -€125,605 | |
| Other operating charges | 640/8 | €456 | €70 | -€386 | -84.6% |
| Gross operating margin | 9900 | €165,119 | €173,276 | +€8,157 | +4.9% |
| Operating profit (loss) | 9901 | €39,058 | €173,206 | +€134,148 | +343% |
| Financial income | 75/76B | €19,387 | €11,596 | -€7,791 | -40.2% |
| Recurring financial income | 75 | €19,387 | €11,596 | -€7,791 | -40.2% |
| Financial charges | 65/66B | €10,285 | €4,956 | -€5,329 | -51.8% |
| Recurring financial charges | 65 | €10,285 | €4,956 | -€5,329 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €48,160 | €179,846 | +€131,686 | +273% |
| Income taxes | 67/77 | €11,353 | €22,777 | +€11,424 | +101% |
| Profit (loss) for the period | 9904 | €36,807 | €157,069 | +€120,262 | +327% |
| Profit (loss) for the period to be appropriated | 9905 | €36,807 | €157,069 | +€120,262 | +327% |
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.