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SOL-IMMO: what changed

Two fiscal 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.

What changed

SOL-IMMO

BE 0746.602.466
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,890
2024 · -€42,041+€72,930
Equity
€8,067
2024 · -€22,822+€30,890
Cash
€5,630
2024 · €5,457+€174
Balance sheet total
€266,859
2024 · €274,968-€8,108

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€8,905

    down €8,905 (-3.3%), from €269,253 to €260,348

Equity and liabilities
  • Profit (loss) carried forward +€30,890

    up €30,890 (+42.4%), from -€72,822 to -€41,933

  • Trade debts -€23,307

    down €23,307 (-66.3%), from €35,173 to €11,866

  • Tax, wage and social debts -€20,976

    no longer reported in 2025 (was €20,976)

  • Other debts +€14,847

    up €14,847 (+21.2%), from €70,000 to €84,847

  • Debts after one year -€10,047

    down €10,047 (-6.2%), from €162,078 to €152,031

Income statement
  • Gross operating margin +€66,611

    up €66,611, from -€15,426 to €51,185

  • Other operating charges -€2,885

    down €2,885 (-66.8%), from €4,315 to €1,431

  • Depreciation -€2,672

    down €2,672 (-20.9%), from €12,812 to €10,139

  • Financial charges -€763

    down €763 (-8.0%), from €9,488 to €8,725

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€42,041
Gross operating margin +€66,611
Depreciation +€2,672
Other operating charges +€2,885
Financial charges +€763
Result 2025 €30,890

Cash bridge derived

cash 2024 to 2025

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.

From operations +€10,970
Investment -€1,234
Financing -€9,562
Cash 2024 €5,457
Net result for the year +€30,890
Depreciation +€10,139
Receivables within one year -€623
Trade debts -€23,307
Tax, wage and social debts -€20,976
Other debts +€14,847
Investment in fixed assets (net) -€1,234
Debts after one year -€10,047
Current portion of long-term debt +€485
Cash 2025 €5,630
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €274,968 €266,859 -€8,108 -2.9%
Fixed assets 21/28 €269,253 €260,348 -€8,905 -3.3%
Tangible fixed assets 22/27 €269,253 €260,348 -€8,905 -3.3%
Land and buildings 22 €269,253 €260,348 -€8,905 -3.3%
Current assets 29/58 €5,714 €6,511 +€797 +13.9%
Amounts receivable within one year 40/41 €258 €881 +€623 +241.7%
Trade receivables 40 €258 - -€258
Other amounts receivable 41 - €881 +€881
Cash at bank and in hand 54/58 €5,457 €5,630 +€174 +3.2%
Total equity and liabilities 10/49 €274,968 €266,859 -€8,108 -2.9%
Equity 10/15 -€22,822 €8,067 +€30,890
Contributions 10/11 €50,000 €50,000 = 0.0%
Profit (loss) carried forward 14 -€72,822 -€41,933 +€30,890 +42.4%
Amounts payable 17/49 €297,790 €258,792 -€38,998 -13.1%
Amounts payable after more than one year 17 €162,078 €152,031 -€10,047 -6.2%
Financial debts 170/4 €162,078 €152,031 -€10,047 -6.2%
Amounts payable within one year 42/48 €135,712 €106,761 -€28,951 -21.3%
Current portion of amounts payable after more than one year 42 €9,562 €10,047 +€485 +5.1%
Trade debts 44 €35,173 €11,866 -€23,307 -66.3%
Suppliers 440/4 €35,173 €11,866 -€23,307 -66.3%
Taxes, remuneration and social security 45 €20,976 - -€20,976
Taxes 450/3 €20,976 - -€20,976
Other amounts payable 47/48 €70,000 €84,847 +€14,847 +21.2%
Non-recurring operating income 76A - €27,290 +€27,290
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,812 €10,139 -€2,672 -20.9%
Other operating charges 640/8 €4,315 €1,431 -€2,885 -66.8%
Gross operating margin 9900 -€15,426 €51,185 +€66,611
Operating profit (loss) 9901 -€32,553 €39,615 +€72,168
Financial charges 65/66B €9,488 €8,725 -€763 -8.0%
Recurring financial charges 65 €9,488 €8,725 -€763 -8.0%
Profit (loss) for the period before taxes 9903 -€42,041 €30,890 +€72,930
Profit (loss) for the period 9904 -€42,041 €30,890 +€72,930
Profit (loss) for the period to be appropriated 9905 -€42,041 €30,890 +€72,930

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.