SOL DESIGN: what changed
SOL DESIGN
Largest movements
- Tangible fixed assets +€5,766
up €5,766 (+947%), from €609 to €6,375
of which Furniture and vehicles: +€5,888
- Cash -€2,641
down €2,641 (-18.0%), from €14,715 to €12,074
mainly Investment in fixed assets (net) (-€7,360) and Tax, wage and social debts (-€2,752)
- Receivables within one year +€1,074
up €1,074 (+2.7%), from €39,756 to €40,829
of which Trade receivables: +€3,384
- Stocks and contracts +€904
up €904 (+4.7%), from €19,282 to €20,187
- Debts after one year +€4,697
new in 2024: €4,697
- Current portion of long-term debt +€2,910
new in 2024: €2,910
- Tax, wage and social debts -€2,752
down €2,752 (-30.7%), from €8,962 to €6,210
of which Remuneration and social security: -€2,837
- Profit (loss) carried forward +€2,044
up €2,044 (+4.8%), from €42,585 to €44,628
- Trade debts -€1,796
down €1,796 (-35.2%), from €5,103 to €3,307
- Turnover -€163,883
no longer reported in 2024 (was €163,883)
- Purchases and services -€139,528
no longer reported in 2024 (was €139,528)
- Staff costs -€7,201
down €7,201 (-30.0%), from €23,984 to €16,783
- Gross operating margin -€1,771
down €1,771 (-6.7%), from €26,361 to €24,590
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,362 | €79,465 | +€5,103 | +6.9% |
| Fixed assets | 21/28 | €609 | €6,375 | +€5,766 | +947% |
| Tangible fixed assets | 22/27 | €609 | €6,375 | +€5,766 | +947% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €609 | €487 | -€122 | -20.0% |
| Furniture and vehicles | 24 | €0 | €5,888 | +€5,888 | |
| Current assets | 29/58 | €73,753 | €73,090 | -€663 | -0.9% |
| Stocks and contracts in progress | 3 | €19,282 | €20,187 | +€904 | +4.7% |
| Stocks | 30/36 | €19,282 | €20,187 | +€904 | +4.7% |
| Amounts receivable within one year | 40/41 | €39,756 | €40,829 | +€1,074 | +2.7% |
| Trade receivables | 40 | €16,435 | €19,819 | +€3,384 | +20.6% |
| Other amounts receivable | 41 | €23,321 | €21,011 | -€2,310 | -9.9% |
| Cash at bank and in hand | 54/58 | €14,715 | €12,074 | -€2,641 | -18.0% |
| Total equity and liabilities | 10/49 | €74,362 | €79,465 | +€5,103 | +6.9% |
| Equity | 10/15 | €60,297 | €62,341 | +€2,044 | +3.4% |
| Contributions | 10/11 | €15,853 | €15,853 | = | 0.0% |
| Capital | 10 | €15,853 | - | -€15,853 | |
| Issued capital | 100 | €21,281 | - | -€21,281 | |
| Uncalled capital | 101 | €5,428 | - | -€5,428 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €42,585 | €44,628 | +€2,044 | +4.8% |
| Amounts payable | 17/49 | €14,065 | €17,124 | +€3,059 | +21.7% |
| Amounts payable after more than one year | 17 | - | €4,697 | +€4,697 | |
| Financial debts | 170/4 | - | €4,697 | +€4,697 | |
| Amounts payable within one year | 42/48 | €14,065 | €12,427 | -€1,638 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | - | €2,910 | +€2,910 | |
| Trade debts | 44 | €5,103 | €3,307 | -€1,796 | -35.2% |
| Suppliers | 440/4 | €5,103 | €3,307 | -€1,796 | -35.2% |
| Taxes, remuneration and social security | 45 | €8,962 | €6,210 | -€2,752 | -30.7% |
| Taxes | 450/3 | €4,160 | €4,245 | +€85 | +2.0% |
| Remuneration and social security | 454/9 | €4,802 | €1,965 | -€2,837 | -59.1% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €163,883 | - | -€163,883 | |
| Goods, raw materials, services and sundry goods | 60/61 | €139,528 | - | -€139,528 | |
| Remuneration, social security and pensions | 62 | €23,984 | €16,783 | -€7,201 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347 | €1,594 | +€1,247 | +360% |
| Other operating charges | 640/8 | €513 | €506 | -€7 | -1.4% |
| Gross operating margin | 9900 | €26,361 | €24,590 | -€1,771 | -6.7% |
| Operating profit (loss) | 9901 | €1,518 | €5,708 | +€4,190 | +276% |
| Financial income | 75/76B | €3 | €121 | +€118 | +3,906% |
| Recurring financial income | 75 | €3 | €121 | +€118 | +3,906% |
| Financial charges | 65/66B | €1,047 | €1,227 | +€180 | +17.2% |
| Recurring financial charges | 65 | €1,047 | €1,227 | +€180 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €474 | €4,601 | +€4,127 | +871% |
| Income taxes | 67/77 | €1,688 | €2,557 | +€870 | +51.5% |
| Profit (loss) for the period | 9904 | -€1,214 | €2,044 | +€3,258 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,214 | €2,044 | +€3,258 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.