SOLAM CONSTRUCT: 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.
SOLAM CONSTRUCT
Largest movements
- Receivables within one year -€14,494
down €14,494 (-48.6%), from €29,800 to €15,306
of which Other amounts receivable: -€8,514
- Cash -€7,836
down €7,836 (-54.7%), from €14,336 to €6,500
mainly Net result for the year (-€30,998) and Tax, wage and social debts (-€171)
- Tangible fixed assets -€2,182
down €2,182 (-35.4%), from €6,169 to €3,986
- Profit (loss) carried forward -€30,998
down €30,998 (-89.3%), from €34,697 to €3,699
- Trade debts +€6,286
up €6,286 (+213%), from €2,947 to €9,233
- Gross operating margin -€29,581
down €29,581 (-50.2%), from €58,931 to €29,349
- Staff costs -€6,456
down €6,456 (-10.1%), from €63,661 to €57,205
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 | €51,641 | €26,758 | -€24,883 | -48.2% |
| Fixed assets | 21/28 | €6,169 | €3,986 | -€2,182 | -35.4% |
| Tangible fixed assets | 22/27 | €6,169 | €3,986 | -€2,182 | -35.4% |
| Plant, machinery and equipment | 23 | €6,169 | €3,986 | -€2,182 | -35.4% |
| Current assets | 29/58 | €45,472 | €22,772 | -€22,700 | -49.9% |
| Amounts receivable within one year | 40/41 | €29,800 | €15,306 | -€14,494 | -48.6% |
| Trade receivables | 40 | €6,000 | €20 | -€5,980 | -99.7% |
| Other amounts receivable | 41 | €23,800 | €15,286 | -€8,514 | -35.8% |
| Cash at bank and in hand | 54/58 | €14,336 | €6,500 | -€7,836 | -54.7% |
| Deferred charges and accrued income | 490/1 | €1,336 | €966 | -€370 | -27.7% |
| Total equity and liabilities | 10/49 | €51,641 | €26,758 | -€24,883 | -48.2% |
| Equity | 10/15 | €43,057 | €12,059 | -€30,998 | -72.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,697 | €3,699 | -€30,998 | -89.3% |
| Amounts payable | 17/49 | €8,584 | €14,700 | +€6,115 | +71.2% |
| Amounts payable within one year | 42/48 | €8,584 | €14,700 | +€6,115 | +71.2% |
| Trade debts | 44 | €2,947 | €9,233 | +€6,286 | +213% |
| Suppliers | 440/4 | €2,947 | €9,233 | +€6,286 | +213% |
| Taxes, remuneration and social security | 45 | €5,638 | €5,467 | -€171 | -3.0% |
| Taxes | 450/3 | €185 | €119 | -€66 | -35.8% |
| Remuneration and social security | 454/9 | €5,453 | €5,348 | -€105 | -1.9% |
| Remuneration, social security and pensions | 62 | €63,661 | €57,205 | -€6,456 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,182 | €2,182 | = | 0.0% |
| Other operating charges | 640/8 | €1,089 | €1,588 | +€499 | +45.8% |
| Gross operating margin | 9900 | €58,931 | €29,349 | -€29,581 | -50.2% |
| Operating profit (loss) | 9901 | -€8,002 | -€31,626 | -€23,624 | -295% |
| Financial income | 75/76B | €925 | €905 | -€19 | -2.1% |
| Recurring financial income | 75 | €925 | €905 | -€19 | -2.1% |
| Financial charges | 65/66B | €256 | €278 | +€22 | +8.7% |
| Recurring financial charges | 65 | €256 | €278 | +€22 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,333 | -€30,998 | -€23,665 | -323% |
| Profit (loss) for the period | 9904 | -€7,333 | -€30,998 | -€23,665 | -323% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,333 | -€30,998 | -€23,665 | -323% |
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 20 October 2026 via checked.be.