SOLAGA: 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.
SOLAGA
Largest movements
- Receivables within one year -€2,563
down €2,563 (-57.5%), from €4,457 to €1,894
of which Trade receivables: -€2,684
- Cash +€134
new in 2025: €134
mainly Other debts (+€3,616) and Receivables within one year (+€2,563)
- Profit (loss) carried forward -€6,108
down €6,108 (-3.0%), from -€202,332 to -€208,440
- Other debts +€3,616
up €3,616 (+1.9%), from €187,166 to €190,782
- Short-term financial debts -€240
no longer reported in 2025 (was €240)
- Trade debts +€221
up €221 (+9.2%), from €2,408 to €2,629
- Tax, wage and social debts +€82
up €82 (+25.8%), from €318 to €400
of which Remuneration and social security: +€400
- Gross operating margin -€9,177
down €9,177, from €3,799 to -€5,378
- Financial charges +€295
up €295 (+614.2%), from €48 to €344
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 | €6,400 | €3,971 | -€2,429 | -38.0% |
| Current assets | 29/58 | €6,400 | €3,971 | -€2,429 | -38.0% |
| Stocks and contracts in progress | 3 | €1,943 | €1,943 | = | 0.0% |
| Stocks | 30/36 | €1,943 | €1,943 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,457 | €1,894 | -€2,563 | -57.5% |
| Trade receivables | 40 | €3,834 | €1,150 | -€2,684 | -70.0% |
| Other amounts receivable | 41 | €623 | €744 | +€121 | +19.4% |
| Cash at bank and in hand | 54/58 | - | €134 | +€134 | |
| Total equity and liabilities | 10/49 | €6,400 | €3,971 | -€2,429 | -38.0% |
| Equity | 10/15 | -€183,732 | -€189,840 | -€6,108 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,332 | -€208,440 | -€6,108 | -3.0% |
| Amounts payable | 17/49 | €190,131 | €193,811 | +€3,679 | +1.9% |
| Amounts payable within one year | 42/48 | €190,131 | €193,811 | +€3,679 | +1.9% |
| Financial debts | 43 | €240 | - | -€240 | |
| Credit institutions | 430/8 | €240 | - | -€240 | |
| Trade debts | 44 | €2,408 | €2,629 | +€221 | +9.2% |
| Suppliers | 440/4 | €2,408 | €2,629 | +€221 | +9.2% |
| Taxes, remuneration and social security | 45 | €318 | €400 | +€82 | +25.8% |
| Taxes | 450/3 | €318 | - | -€318 | |
| Remuneration and social security | 454/9 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €187,166 | €190,782 | +€3,616 | +1.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €3,799 | -€5,378 | -€9,177 | |
| Operating profit (loss) | 9901 | €3,415 | -€5,765 | -€9,179 | |
| Financial charges | 65/66B | €48 | €344 | +€295 | +614.2% |
| Recurring financial charges | 65 | €48 | €344 | +€295 | +614.2% |
| Profit (loss) for the period before taxes | 9903 | €3,366 | -€6,108 | -€9,475 | |
| Profit (loss) for the period | 9904 | €3,366 | -€6,108 | -€9,475 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,366 | -€6,108 | -€9,475 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.