SOL ET FILS: what changed
What changed
SOL ET FILS
filed annual accounts (NBB)
Net result for the year
€8,205
2024 · €9,561-€1,355
Equity
€1.9m
2024 · €1.9m+€8,205
Cash
€9,434
2024 · €25,299-€15,866
Balance sheet total
€1.9m
2024 · €1.9m+€3,845
Largest movements
Assets
- Current investments +€22,218
up €22,218 (+8.0%), from €277,392 to €299,611
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Depreciation +€5,767
up €5,767 (+11.1%), from €51,999 to €57,765
- Financial income +€4,103
up €4,103 (+20.7%), from €19,821 to €23,924
- Taxes -€500
down €500 (-73.9%), from €676 to €176
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.
Result 2024
€9,561
Gross operating margin
-€277
Depreciation
-€5,767
Other operating charges
+€34
Financial income
+€4,103
Financial charges
+€51
Taxes
+€500
Result 2025
€8,205
raises the resultlowers the result
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.
From operations
+€58,089
Investment
-€73,954
Financing
€0
Cash 2024
€25,299
From operations (derived)
+€58,089
Net result for the year
+€8,205
Depreciation
+€57,765
Receivables within one year
-€3,018
Deferred charges and accrued income
-€504
Provisions
-€2,677
Trade debts
-€583
Accrued charges and deferred income
-€1,101
Investment (derived)
-€73,954
Investment in fixed assets (net)
-€51,736
Current investments
-€22,218
Cash 2025
€9,434
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,941,721 | €1,945,566 | +€3,845 | +0.2% |
| Fixed assets | 21/28 | €1,636,914 | €1,630,885 | -€6,029 | -0.4% |
| Tangible fixed assets | 22/27 | €1,332,005 | €1,325,976 | -€6,029 | -0.5% |
| Land and buildings | 22 | €1,322,839 | €1,316,367 | -€6,472 | -0.5% |
| Furniture and vehicles | 24 | - | €1,703 | +€1,703 | |
| Other tangible fixed assets | 26 | €9,166 | €7,905 | -€1,261 | -13.8% |
| Financial fixed assets | 28 | €304,909 | €304,909 | = | 0.0% |
| Current assets | 29/58 | €304,807 | €314,682 | +€9,875 | +3.2% |
| Amounts receivable within one year | 40/41 | €1,572 | €4,590 | +€3,018 | +192% |
| Trade receivables | 40 | €1,572 | - | -€1,572 | |
| Other amounts receivable | 41 | - | €4,590 | +€4,590 | |
| Current investments | 50/53 | €277,392 | €299,611 | +€22,218 | +8.0% |
| Cash at bank and in hand | 54/58 | €25,299 | €9,434 | -€15,866 | -62.7% |
| Deferred charges and accrued income | 490/1 | €544 | €1,048 | +€504 | +92.7% |
| Total equity and liabilities | 10/49 | €1,941,721 | €1,945,566 | +€3,845 | +0.2% |
| Equity | 10/15 | €1,924,084 | €1,932,290 | +€8,205 | +0.4% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,890,181 | €1,883,809 | -€6,372 | -0.3% |
| Non-distributable reserves | 130/1 | €1,863,082 | - | -€1.9m | |
| Reserves not available under the articles | 1311 | €1,863,082 | - | -€1.9m | |
| Tax-exempt reserves | 132 | €27,099 | €20,727 | -€6,372 | -23.5% |
| Distributable reserves | 133 | - | €1,863,082 | +€1.9m | |
| Profit (loss) carried forward | 14 | €15,153 | €29,731 | +€14,577 | +96.2% |
| Provisions and deferred taxes | 16 | €14,613 | €11,937 | -€2,677 | -18.3% |
| Deferred taxes | 168 | €14,613 | €11,937 | -€2,677 | -18.3% |
| Amounts payable | 17/49 | €3,024 | €1,340 | -€1,684 | -55.7% |
| Amounts payable within one year | 42/48 | €1,923 | €1,340 | -€583 | -30.3% |
| Trade debts | 44 | €583 | - | -€583 | |
| Suppliers | 440/4 | €583 | - | -€583 | |
| Other amounts payable | 47/48 | €1,340 | €1,340 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,101 | - | -€1,101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,999 | €57,765 | +€5,767 | +11.1% |
| Other operating charges | 640/8 | €6,781 | €6,747 | -€34 | -0.5% |
| Gross operating margin | 9900 | €46,638 | €46,361 | -€277 | -0.6% |
| Operating profit (loss) | 9901 | -€12,142 | -€18,151 | -€6,009 | -49.5% |
| Financial income | 75/76B | €19,821 | €23,924 | +€4,103 | +20.7% |
| Recurring financial income | 75 | €19,821 | €23,924 | +€4,103 | +20.7% |
| Financial charges | 65/66B | €119 | €68 | -€51 | -42.8% |
| Recurring financial charges | 65 | €119 | €68 | -€51 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €7,560 | €5,705 | -€1,855 | -24.5% |
| Transfer from deferred taxes | 780 | €2,677 | €2,677 | = | 0.0% |
| Income taxes | 67/77 | €676 | €176 | -€500 | -73.9% |
| Profit (loss) for the period | 9904 | €9,561 | €8,205 | -€1,355 | -14.2% |
| Transfer from tax-exempt reserves | 789 | €6,372 | €6,372 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,933 | €14,577 | -€1,355 | -8.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.