SOLANGEWO: 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.
SOLANGEWO
Largest movements
- Cash +€73,814
up €73,814 (+157%), from €46,943 to €120,757
mainly Net result for the year (+€103,897) and Other debts (+€92,057)
- Current investments -€20,000
down €20,000 (-50.0%), from €40,000 to €20,000
- Deferred charges and accrued income -€9,613
down €9,613 (-63.2%), from €15,211 to €5,598
- Other debts +€92,057
up €92,057 (+194%), from €47,501 to €139,558
- Reserves -€32,000
no longer reported in 2025 (was €32,000)
- Tax, wage and social debts -€16,975
down €16,975 (-69.0%), from €24,605 to €7,630
- Gross operating margin +€28,984
up €28,984 (+27.3%), from €106,115 to €135,098
- Taxes +€7,210
up €7,210 (+32.6%), from €22,130 to €29,339
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 | €104,350 | €147,994 | +€43,644 | +41.8% |
| Fixed assets | 21/28 | €2,196 | €724 | -€1,471 | -67.0% |
| Tangible fixed assets | 22/27 | €2,196 | €724 | -€1,471 | -67.0% |
| Furniture and vehicles | 24 | €2,196 | €724 | -€1,471 | -67.0% |
| Current assets | 29/58 | €102,154 | €147,269 | +€45,115 | +44.2% |
| Amounts receivable within one year | 40/41 | - | €914 | +€914 | |
| Other amounts receivable | 41 | - | €914 | +€914 | |
| Current investments | 50/53 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €46,943 | €120,757 | +€73,814 | +157% |
| Deferred charges and accrued income | 490/1 | €15,211 | €5,598 | -€9,613 | -63.2% |
| Total equity and liabilities | 10/49 | €104,350 | €147,994 | +€43,644 | +41.8% |
| Equity | 10/15 | €32,049 | €46 | -€32,003 | -99.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €32,000 | - | -€32,000 | |
| Tax-exempt reserves | 132 | €32,000 | - | -€32,000 | |
| Profit (loss) carried forward | 14 | €48 | €45 | -€3 | -5.8% |
| Amounts payable | 17/49 | €72,300 | €147,947 | +€75,647 | +105% |
| Amounts payable within one year | 42/48 | €72,300 | €147,797 | +€75,497 | +104% |
| Trade debts | 44 | €195 | €609 | +€415 | +213% |
| Suppliers | 440/4 | €195 | €609 | +€415 | +213% |
| Taxes, remuneration and social security | 45 | €24,605 | €7,630 | -€16,975 | -69.0% |
| Taxes | 450/3 | €24,605 | €7,630 | -€16,975 | -69.0% |
| Other amounts payable | 47/48 | €47,501 | €139,558 | +€92,057 | +194% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,898 | €1,471 | -€427 | -22.5% |
| Other operating charges | 640/8 | €197 | €1,101 | +€904 | +458% |
| Gross operating margin | 9900 | €106,115 | €135,098 | +€28,984 | +27.3% |
| Operating profit (loss) | 9901 | €104,019 | €132,526 | +€28,507 | +27.4% |
| Financial income | 75/76B | €385 | €780 | +€396 | +103% |
| Recurring financial income | 75 | €385 | €780 | +€396 | +103% |
| Financial charges | 65/66B | €70 | €70 | = | 0.0% |
| Recurring financial charges | 65 | €70 | €70 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €104,334 | €133,236 | +€28,903 | +27.7% |
| Income taxes | 67/77 | €22,130 | €29,339 | +€7,210 | +32.6% |
| Profit (loss) for the period | 9904 | €82,204 | €103,897 | +€21,693 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €82,204 | €103,897 | +€21,693 | +26.4% |
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 17 October 2026 via checked.be.