SOL ET VITA: what changed
What changed
SOL ET VITA
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
-€37,139
2024 · -€35,635-€1,504
Equity
-€84,734
2024 · -€47,595-€37,139
Cash
€6,750
2024 · €9,841-€3,091
Balance sheet total
€75,281
2024 · €87,609-€12,329
Largest movements
Assets
- Stocks and contracts -€6,591
down €6,591 (-11.9%), from €55,283 to €48,691
- Cash -€3,091
down €3,091 (-31.4%), from €9,841 to €6,750
mainly Net result for the year (-€37,139) and Trade debts (-€836)
- Tangible fixed assets -€1,344
down €1,344 (-37.5%), from €3,582 to €2,239
of which Plant, machinery and equipment: -€1,215
- Intangible fixed assets -€1,030
down €1,030 (-36.9%), from €2,788 to €1,758
Equity and liabilities
- Profit (loss) carried forward -€37,139
down €37,139 (-29.9%), from -€124,017 to -€161,156
- Debts after one year +€25,000
up €25,000 (+20.8%), from €120,000 to €145,000
Income statement
- Gross operating margin -€32,629
down €32,629 (-32.8%), from €99,355 to €66,726
- Staff costs -€29,461
down €29,461 (-22.7%), from €129,525 to €100,064
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
-€35,635
Gross operating margin
-€32,629
Staff costs
+€29,461
Depreciation
+€935
Other operating charges
+€500
Financial income
+€83
Financial charges
+€146
Result 2025
-€37,139
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
-€28,091
Investment
€0
Financing
+€25,000
Cash 2024
€9,841
From operations (derived)
-€28,091
Net result for the year
-€37,139
Depreciation
+€2,374
Stocks and contracts
+€6,591
Receivables within one year
+€272
Smaller working-capital items
+€19
Trade debts
-€836
Tax, wage and social debts
+€627
Financing
+€25,000
Debts after one year
+€25,000
Cash 2025
€6,750
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,609 | €75,281 | -€12,329 | -14.1% |
| Fixed assets | 21/28 | €6,370 | €3,997 | -€2,374 | -37.3% |
| Intangible fixed assets | 21 | €2,788 | €1,758 | -€1,030 | -36.9% |
| Tangible fixed assets | 22/27 | €3,582 | €2,239 | -€1,344 | -37.5% |
| Plant, machinery and equipment | 23 | €2,662 | €1,447 | -€1,215 | -45.6% |
| Furniture and vehicles | 24 | €264 | €264 | = | 0.0% |
| Other tangible fixed assets | 26 | €656 | €527 | -€129 | -19.7% |
| Current assets | 29/58 | €81,239 | €71,284 | -€9,955 | -12.3% |
| Stocks and contracts in progress | 3 | €55,283 | €48,691 | -€6,591 | -11.9% |
| Stocks | 30/36 | €55,283 | €48,691 | -€6,591 | -11.9% |
| Amounts receivable within one year | 40/41 | €10,889 | €10,617 | -€272 | -2.5% |
| Trade receivables | 40 | €4,448 | €5,123 | +€675 | +15.2% |
| Other amounts receivable | 41 | €6,441 | €5,494 | -€947 | -14.7% |
| Cash at bank and in hand | 54/58 | €9,841 | €6,750 | -€3,091 | -31.4% |
| Deferred charges and accrued income | 490/1 | €5,226 | €5,226 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €87,609 | €75,281 | -€12,329 | -14.1% |
| Equity | 10/15 | -€47,595 | -€84,734 | -€37,139 | -78.0% |
| Contributions | 10/11 | €69,410 | €69,410 | = | 0.0% |
| Capital | 10 | €69,410 | €69,410 | = | 0.0% |
| Issued capital | 100 | €69,410 | €69,410 | = | 0.0% |
| Reserves | 13 | €7,012 | €7,012 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,941 | €6,941 | = | 0.0% |
| Legal reserve | 130 | €6,941 | €6,941 | = | 0.0% |
| Tax-exempt reserves | 132 | €71 | €71 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,017 | -€161,156 | -€37,139 | -29.9% |
| Amounts payable | 17/49 | €135,204 | €160,014 | +€24,810 | +18.3% |
| Amounts payable after more than one year | 17 | €120,000 | €145,000 | +€25,000 | +20.8% |
| Financial debts | 170/4 | €120,000 | €145,000 | +€25,000 | +20.8% |
| Amounts payable within one year | 42/48 | €15,204 | €15,014 | -€190 | -1.3% |
| Trade debts | 44 | €14,920 | €14,084 | -€836 | -5.6% |
| Suppliers | 440/4 | €14,920 | €14,084 | -€836 | -5.6% |
| Taxes, remuneration and social security | 45 | €276 | €904 | +€627 | +227% |
| Taxes | 450/3 | €276 | €904 | +€627 | +227% |
| Other amounts payable | 47/48 | €8 | €26 | +€18 | +228% |
| Remuneration, social security and pensions | 62 | €129,525 | €100,064 | -€29,461 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,309 | €2,374 | -€935 | -28.3% |
| Other operating charges | 640/8 | €1,291 | €791 | -€500 | -38.7% |
| Gross operating margin | 9900 | €99,355 | €66,726 | -€32,629 | -32.8% |
| Operating profit (loss) | 9901 | -€34,770 | -€36,503 | -€1,733 | -5.0% |
| Financial income | 75/76B | €30 | €112 | +€83 | +281% |
| Recurring financial income | 75 | €30 | €112 | +€83 | +281% |
| Financial charges | 65/66B | €894 | €748 | -€146 | -16.3% |
| Recurring financial charges | 65 | €894 | €748 | -€146 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,635 | -€37,139 | -€1,504 | -4.2% |
| Profit (loss) for the period | 9904 | -€35,635 | -€37,139 | -€1,504 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,635 | -€37,139 | -€1,504 | -4.2% |
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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 5 November 2026 via checked.be.