SOLAK TRANSPORT: 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.
SOLAK TRANSPORT
Largest movements
- Tangible fixed assets -€36,441
down €36,441 (-27.8%), from €131,149 to €94,707
of which Leasing and similar rights: -€23,086
- Cash +€25,809
up €25,809 (+113%), from €22,827 to €48,636
mainly Depreciation (+€36,441) and Net result for the year (+€18,835)
- Receivables within one year +€4,857
up €4,857 (+12.2%), from €39,848 to €44,705
of which Trade receivables: +€7,318
- Deferred charges and accrued income -€3,668
down €3,668 (-44.1%), from €8,325 to €4,657
- Debts after one year -€42,484
down €42,484 (-37.6%), from €112,975 to €70,491
- Reserves +€15,797
up €15,797 (+57.5%), from €27,480 to €43,277
- Tax, wage and social debts +€14,267
up €14,267 (+107%), from €13,394 to €27,661
of which Taxes: +€14,580
- Profit (loss) carried forward +€3,038
no longer reported in 2025 (was -€3,038)
- Gross operating margin +€15,674
up €15,674 (+14.1%), from €110,790 to €126,464
- Taxes +€10,945
up €10,945 (+319%), from €3,434 to €14,379
- Staff costs -€8,989
down €8,989 (-15.2%), from €59,230 to €50,241
- Financial charges -€1,499
down €1,499 (-15.3%), from €9,784 to €8,285
- Depreciation -€1,492
down €1,492 (-3.9%), from €37,934 to €36,441
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 | €202,348 | €192,904 | -€9,444 | -4.7% |
| Fixed assets | 21/28 | €131,349 | €94,907 | -€36,441 | -27.7% |
| Tangible fixed assets | 22/27 | €131,149 | €94,707 | -€36,441 | -27.8% |
| Plant, machinery and equipment | 23 | €1,938 | €1,383 | -€555 | -28.6% |
| Furniture and vehicles | 24 | €33,641 | €20,841 | -€12,800 | -38.0% |
| Leasing and similar rights | 25 | €95,570 | €72,484 | -€23,086 | -24.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €70,999 | €97,997 | +€26,998 | +38.0% |
| Amounts receivable within one year | 40/41 | €39,848 | €44,705 | +€4,857 | +12.2% |
| Trade receivables | 40 | €5,687 | €13,005 | +€7,318 | +129% |
| Other amounts receivable | 41 | €34,161 | €31,700 | -€2,461 | -7.2% |
| Cash at bank and in hand | 54/58 | €22,827 | €48,636 | +€25,809 | +113% |
| Deferred charges and accrued income | 490/1 | €8,325 | €4,657 | -€3,668 | -44.1% |
| Total equity and liabilities | 10/49 | €202,348 | €192,904 | -€9,444 | -4.7% |
| Equity | 10/15 | €24,442 | €43,277 | +€18,835 | +77.1% |
| Reserves | 13 | €27,480 | €43,277 | +€15,797 | +57.5% |
| Distributable reserves | 133 | €27,480 | €43,277 | +€15,797 | +57.5% |
| Profit (loss) carried forward | 14 | -€3,038 | - | +€3,038 | |
| Amounts payable | 17/49 | €177,906 | €149,627 | -€28,279 | -15.9% |
| Amounts payable after more than one year | 17 | €112,975 | €70,491 | -€42,484 | -37.6% |
| Financial debts | 170/4 | €112,975 | €70,491 | -€42,484 | -37.6% |
| Amounts payable within one year | 42/48 | €64,930 | €78,256 | +€13,325 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €42,023 | €42,484 | +€461 | +1.1% |
| Trade debts | 44 | €9,513 | €8,110 | -€1,403 | -14.7% |
| Suppliers | 440/4 | €9,513 | €8,110 | -€1,403 | -14.7% |
| Taxes, remuneration and social security | 45 | €13,394 | €27,661 | +€14,267 | +107% |
| Taxes | 450/3 | €11,062 | €25,642 | +€14,580 | +132% |
| Remuneration and social security | 454/9 | €2,332 | €2,019 | -€313 | -13.4% |
| Accrued charges and deferred income | 492/3 | - | €881 | +€881 | |
| Remuneration, social security and pensions | 62 | €59,230 | €50,241 | -€8,989 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,934 | €36,441 | -€1,492 | -3.9% |
| Other operating charges | 640/8 | €1,178 | €737 | -€441 | -37.4% |
| Non-recurring operating charges | 66A | €3,651 | - | -€3,651 | |
| Gross operating margin | 9900 | €110,790 | €126,464 | +€15,674 | +14.1% |
| Operating profit (loss) | 9901 | €8,798 | €39,044 | +€30,246 | +344% |
| Financial income | 75/76B | €1,360 | €2,455 | +€1,095 | +80.5% |
| Recurring financial income | 75 | €1,360 | €2,455 | +€1,095 | +80.5% |
| Financial charges | 65/66B | €9,784 | €8,285 | -€1,499 | -15.3% |
| Recurring financial charges | 65 | €9,784 | €8,285 | -€1,499 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €374 | €33,214 | +€32,840 | +8,780% |
| Income taxes | 67/77 | €3,434 | €14,379 | +€10,945 | +319% |
| Profit (loss) for the period | 9904 | -€3,060 | €18,835 | +€21,895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,060 | €18,835 | +€21,895 |
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 30 October 2026 via checked.be.