RES SOLI: 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.
RES SOLI
Largest movements
- Tangible fixed assets +€80,932
up €80,932 (+9.7%), from €836,135 to €917,067
of which Assets under construction and advance payments: +€104,566
- Current investments -€70,000
down €70,000 (-100%), from €70,000 to €0
- Cash -€12,595
down €12,595 (-39.4%), from €31,987 to €19,392
mainly Investment in fixed assets (net) (-€104,566) and Debts after one year (-€55,983)
- Debts after one year -€55,983
down €55,983 (-11.2%), from €499,358 to €443,375
- Other debts +€44,756
up €44,756 (+9.4%), from €473,936 to €518,692
- Trade debts +€29,923
up €29,923 (+911%), from €3,286 to €33,209
- Profit (loss) carried forward -€21,286
down €21,286 (-10.9%), from -€196,173 to -€217,460
- Financial charges -€9,254
down €9,254 (-23.5%), from €39,313 to €30,059
- Gross operating margin -€5,441
down €5,441 (-11.7%), from €46,405 to €40,964
- Financial income -€3,534
down €3,534 (-85.6%), from €4,128 to €594
- Other operating charges +€817
up €817 (+9.8%), from €8,335 to €9,152
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 | €943,397 | €940,626 | -€2,771 | -0.3% |
| Fixed assets | 21/28 | €836,135 | €917,067 | +€80,932 | +9.7% |
| Tangible fixed assets | 22/27 | €836,135 | €917,067 | +€80,932 | +9.7% |
| Other tangible fixed assets | 26 | €708,694 | €685,061 | -€23,633 | -3.3% |
| Assets under construction and advance payments | 27 | €127,441 | €232,006 | +€104,566 | +82.1% |
| Current assets | 29/58 | €107,262 | €23,559 | -€83,704 | -78.0% |
| Amounts receivable within one year | 40/41 | €5,275 | €4,167 | -€1,108 | -21.0% |
| Other amounts receivable | 41 | €5,275 | €4,167 | -€1,108 | -21.0% |
| Current investments | 50/53 | €70,000 | €0 | -€70,000 | -100% |
| Cash at bank and in hand | 54/58 | €31,987 | €19,392 | -€12,595 | -39.4% |
| Total equity and liabilities | 10/49 | €943,397 | €940,626 | -€2,771 | -0.3% |
| Equity | 10/15 | -€96,173 | -€117,460 | -€21,286 | -22.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€196,173 | -€217,460 | -€21,286 | -10.9% |
| Amounts payable | 17/49 | €1,039,571 | €1,058,085 | +€18,515 | +1.8% |
| Amounts payable after more than one year | 17 | €499,358 | €443,375 | -€55,983 | -11.2% |
| Financial debts | 170/4 | €499,358 | €443,375 | -€55,983 | -11.2% |
| Amounts payable within one year | 42/48 | €532,659 | €607,885 | +€75,225 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €55,437 | €55,983 | +€547 | +1.0% |
| Trade debts | 44 | €3,286 | €33,209 | +€29,923 | +911% |
| Suppliers | 440/4 | €3,286 | €33,209 | +€29,923 | +911% |
| Other amounts payable | 47/48 | €473,936 | €518,692 | +€44,756 | +9.4% |
| Accrued charges and deferred income | 492/3 | €7,553 | €6,826 | -€727 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,633 | €23,633 | = | 0.0% |
| Other operating charges | 640/8 | €8,335 | €9,152 | +€817 | +9.8% |
| Gross operating margin | 9900 | €46,405 | €40,964 | -€5,441 | -11.7% |
| Operating profit (loss) | 9901 | €14,436 | €8,178 | -€6,258 | -43.3% |
| Financial income | 75/76B | €4,128 | €594 | -€3,534 | -85.6% |
| Recurring financial income | 75 | €4,128 | €594 | -€3,534 | -85.6% |
| Financial charges | 65/66B | €39,313 | €30,059 | -€9,254 | -23.5% |
| Recurring financial charges | 65 | €39,313 | €30,059 | -€9,254 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,748 | -€21,286 | -€538 | -2.6% |
| Profit (loss) for the period | 9904 | -€20,748 | -€21,286 | -€538 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,748 | -€21,286 | -€538 | -2.6% |
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 22 October 2026 via checked.be.