SOL SAT: 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.
SOL SAT
Largest movements
- Cash +€27,291
up €27,291 (+370.9%), from €7,359 to €34,649
mainly Net result for the year (+€27,435) and Depreciation (+€18,171)
- Tangible fixed assets -€9,698
down €9,698 (-15.2%), from €64,000 to €54,302
of which Leasing and similar rights: -€11,690
- Receivables within one year -€3,743
down €3,743 (-6.7%), from €55,457 to €51,714
of which Trade receivables: -€4,736
- Reserves +€17,400
up €17,400 (+41.3%), from €42,160 to €59,560
of which Distributable reserves: +€17,400
- Debts after one year -€12,315
down €12,315 (-26.6%), from €46,282 to €33,967
- Other debts +€8,604
up €8,604 (+192.1%), from €4,479 to €13,083
- Tax, wage and social debts +€5,267
up €5,267 (+234.2%), from €2,249 to €7,516
of which Taxes: +€7,033
- Trade debts -€5,020
down €5,020 (-63.4%), from €7,919 to €2,900
- Staff costs -€36,134
down €36,134 (-67.1%), from €53,846 to €17,711
- Taxes +€6,077
new in 2025: €6,077
- Depreciation +€857
up €857 (+5.0%), from €17,313 to €18,171
- Financial charges -€729
down €729 (-30.3%), from €2,405 to €1,677
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.
Cash bridge derived
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 | €133,143 | €147,313 | +€14,171 | +10.6% |
| Fixed assets | 21/28 | €64,000 | €54,302 | -€9,698 | -15.2% |
| Tangible fixed assets | 22/27 | €64,000 | €54,302 | -€9,698 | -15.2% |
| Land and buildings | 22 | €3,749 | €3,275 | -€474 | -12.6% |
| Plant, machinery and equipment | 23 | €12,409 | €10,660 | -€1,749 | -14.1% |
| Furniture and vehicles | 24 | €2,185 | €6,400 | +€4,215 | +192.9% |
| Leasing and similar rights | 25 | €45,657 | €33,967 | -€11,690 | -25.6% |
| Current assets | 29/58 | €69,142 | €93,011 | +€23,869 | +34.5% |
| Stocks and contracts in progress | 3 | €1,020 | - | -€1,020 | |
| Stocks | 30/36 | €1,020 | - | -€1,020 | |
| Amounts receivable within one year | 40/41 | €55,457 | €51,714 | -€3,743 | -6.7% |
| Trade receivables | 40 | €21,282 | €16,546 | -€4,736 | -22.3% |
| Other amounts receivable | 41 | €34,175 | €35,168 | +€993 | +2.9% |
| Cash at bank and in hand | 54/58 | €7,359 | €34,649 | +€27,291 | +370.9% |
| Deferred charges and accrued income | 490/1 | €5,307 | €6,648 | +€1,341 | +25.3% |
| Total equity and liabilities | 10/49 | €133,143 | €147,313 | +€14,171 | +10.6% |
| Equity | 10/15 | €72,213 | €89,847 | +€17,635 | +24.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,160 | €59,560 | +€17,400 | +41.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,300 | €57,700 | +€17,400 | +43.2% |
| Profit (loss) carried forward | 14 | €23,853 | €24,087 | +€235 | +1.0% |
| Amounts payable | 17/49 | €60,930 | €57,466 | -€3,464 | -5.7% |
| Amounts payable after more than one year | 17 | €46,282 | €33,967 | -€12,315 | -26.6% |
| Financial debts | 170/4 | €46,282 | €33,967 | -€12,315 | -26.6% |
| Amounts payable within one year | 42/48 | €14,648 | €23,499 | +€8,851 | +60.4% |
| Trade debts | 44 | €7,919 | €2,900 | -€5,020 | -63.4% |
| Suppliers | 440/4 | €7,919 | €2,900 | -€5,020 | -63.4% |
| Taxes, remuneration and social security | 45 | €2,249 | €7,516 | +€5,267 | +234.2% |
| Taxes | 450/3 | €399 | €7,432 | +€7,033 | +1762.4% |
| Remuneration and social security | 454/9 | €1,850 | €84 | -€1,766 | -95.5% |
| Other amounts payable | 47/48 | €4,479 | €13,083 | +€8,604 | +192.1% |
| Remuneration, social security and pensions | 62 | €53,846 | €17,711 | -€36,134 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,313 | €18,171 | +€857 | +5.0% |
| Other operating charges | 640/8 | €1,257 | €1,209 | -€48 | -3.9% |
| Gross operating margin | 9900 | €72,477 | €72,066 | -€411 | -0.6% |
| Operating profit (loss) | 9901 | €61 | €34,975 | +€34,914 | +57662.1% |
| Financial income | 75/76B | €364 | €214 | -€151 | -41.4% |
| Recurring financial income | 75 | €364 | €214 | -€151 | -41.4% |
| Financial charges | 65/66B | €2,405 | €1,677 | -€729 | -30.3% |
| Recurring financial charges | 65 | €2,405 | €1,677 | -€729 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,981 | €33,512 | +€35,492 | |
| Income taxes | 67/77 | - | €6,077 | +€6,077 | |
| Profit (loss) for the period | 9904 | -€1,981 | €27,435 | +€29,415 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,981 | €27,435 | +€29,415 |
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 28 September 2026 via checked.be.