SOLA: what changed
Two financial 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.
SOLA
Largest movements
- Cash +€12,659
up €12,659 (+20.7%), from €61,175 to €73,834
mainly Receivables within one year (+€11,219) and Tax, wage and social debts (+€2,663)
- Receivables within one year -€11,219
down €11,219 (-63.3%), from €17,723 to €6,504
of which Trade receivables: -€12,525
- Deferred charges and accrued income +€1,881
new in 2025: €1,881
- Profit (loss) carried forward -€62,525
no longer reported in 2025 (was €62,525)
- Reserves +€62,025
up €62,025 (+840%), from €7,388 to €69,413
of which Distributable reserves: +€63,884
- Tax, wage and social debts +€2,663
up €2,663 (+912%), from €292 to €2,955
- Gross operating margin -€9,842
down €9,842 (-50.6%), from €19,468 to €9,626
- Taxes +€5,504
up €5,504 (+223%), from €2,464 to €7,968
- Other operating charges +€548
new in 2025: €548
- Financial charges -€297
down €297 (-44.9%), from €663 to €366
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.
Derived cash bridge
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 | €88,980 | €92,162 | +€3,182 | +3.6% |
| Fixed assets | 21/28 | €5,799 | €5,388 | -€411 | -7.1% |
| Tangible fixed assets | 22/27 | €3,717 | €3,305 | -€412 | -11.1% |
| Plant, machinery and equipment | 23 | €3,717 | €805 | -€2,912 | -78.3% |
| Other tangible fixed assets | 26 | - | €2,500 | +€2,500 | |
| Financial fixed assets | 28 | €2,082 | €2,082 | +€0 | 0.0% |
| Current assets | 29/58 | €83,181 | €86,774 | +€3,593 | +4.3% |
| Stocks and contracts in progress | 3 | €4,283 | €4,555 | +€272 | +6.4% |
| Stocks | 30/36 | €4,283 | €4,555 | +€272 | +6.4% |
| Amounts receivable within one year | 40/41 | €17,723 | €6,504 | -€11,219 | -63.3% |
| Trade receivables | 40 | €17,723 | €5,198 | -€12,525 | -70.7% |
| Other amounts receivable | 41 | - | €1,306 | +€1,306 | |
| Cash at bank and in hand | 54/58 | €61,175 | €73,834 | +€12,659 | +20.7% |
| Deferred charges and accrued income | 490/1 | - | €1,881 | +€1,881 | |
| Total equity and liabilities | 10/49 | €88,980 | €92,162 | +€3,182 | +3.6% |
| Equity | 10/15 | €88,505 | €87,894 | -€612 | -0.7% |
| Contributions | 10/11 | €18,592 | €18,480 | -€112 | -0.6% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €7,388 | €69,413 | +€62,025 | +840% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €5,529 | €69,413 | +€63,884 | +1,155% |
| Profit (loss) carried forward | 14 | €62,525 | - | -€62,525 | |
| Amounts payable | 17/49 | €475 | €4,268 | +€3,793 | +799% |
| Amounts payable within one year | 42/48 | €475 | €4,268 | +€3,793 | +799% |
| Trade debts | 44 | €134 | €464 | +€330 | +246% |
| Suppliers | 440/4 | €134 | €464 | +€330 | +246% |
| Taxes, remuneration and social security | 45 | €292 | €2,955 | +€2,663 | +912% |
| Taxes | 450/3 | €292 | €2,955 | +€2,663 | +912% |
| Other amounts payable | 47/48 | €49 | €850 | +€801 | +1,634% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €411 | €411 | +€0 | 0.0% |
| Other operating charges | 640/8 | - | €548 | +€548 | |
| Gross operating margin | 9900 | €19,468 | €9,626 | -€9,842 | -50.6% |
| Operating profit (loss) | 9901 | €19,057 | €8,666 | -€10,391 | -54.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €663 | €366 | -€297 | -44.9% |
| Recurring financial charges | 65 | €663 | €366 | -€297 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €18,394 | €8,301 | -€10,093 | -54.9% |
| Income taxes | 67/77 | €2,464 | €7,968 | +€5,504 | +223% |
| Profit (loss) for the period | 9904 | €15,930 | €333 | -€15,597 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,930 | €333 | -€15,597 | -97.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.