SOLART: what changed
Two fiscal 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.
SOLART
Largest movements
- Tangible fixed assets +€45,655
up €45,655 (+2986.3%), from €1,529 to €47,184
of which Furniture and vehicles: +€45,412
- Receivables within one year +€32,802
up €32,802 (+260.5%), from €12,594 to €45,395
of which Trade receivables: +€36,118
- Cash +€6,032
up €6,032 (+25.7%), from €23,448 to €29,480
mainly Debts after one year (+€27,120) and Other debts (+€23,367)
- Debts after one year +€27,120
new in 2025: €27,120
- Other debts +€23,367
up €23,367 (+285.1%), from €8,196 to €31,562
- Profit (loss) carried forward +€22,280
up €22,280 (+158.6%), from €14,048 to €36,328
- Current portion of long-term debt +€7,060
new in 2025: €7,060
- Trade debts +€3,777
up €3,777 (+175.5%), from €2,153 to €5,929
- Gross operating margin +€20,362
up €20,362 (+105.1%), from €19,371 to €39,733
- Depreciation +€9,337
up €9,337 (+1506.6%), from €620 to €9,957
- Taxes +€2,540
up €2,540 (+67.3%), from €3,773 to €6,313
- Financial charges +€447
up €447 (+269.3%), from €166 to €613
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 | €37,570 | €122,255 | +€84,685 | +225.4% |
| Fixed assets | 21/28 | €1,529 | €47,184 | +€45,655 | +2986.3% |
| Tangible fixed assets | 22/27 | €1,529 | €47,184 | +€45,655 | +2986.3% |
| Plant, machinery and equipment | 23 | - | €243 | +€243 | |
| Furniture and vehicles | 24 | €1,529 | €46,941 | +€45,412 | +2970.4% |
| Current assets | 29/58 | €36,041 | €75,072 | +€39,030 | +108.3% |
| Amounts receivable within one year | 40/41 | €12,594 | €45,395 | +€32,802 | +260.5% |
| Trade receivables | 40 | €6,789 | €42,907 | +€36,118 | +532.0% |
| Other amounts receivable | 41 | €5,805 | €2,489 | -€3,316 | -57.1% |
| Cash at bank and in hand | 54/58 | €23,448 | €29,480 | +€6,032 | +25.7% |
| Deferred charges and accrued income | 490/1 | - | €197 | +€197 | |
| Total equity and liabilities | 10/49 | €37,570 | €122,255 | +€84,685 | +225.4% |
| Equity | 10/15 | €18,048 | €40,328 | +€22,280 | +123.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,048 | €36,328 | +€22,280 | +158.6% |
| Amounts payable | 17/49 | €19,522 | €81,927 | +€62,405 | +319.7% |
| Amounts payable after more than one year | 17 | - | €27,120 | +€27,120 | |
| Financial debts | 170/4 | - | €27,120 | +€27,120 | |
| Amounts payable within one year | 42/48 | €19,522 | €54,808 | +€35,286 | +180.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,060 | +€7,060 | |
| Trade debts | 44 | €2,153 | €5,929 | +€3,777 | +175.5% |
| Suppliers | 440/4 | €2,153 | €5,929 | +€3,777 | +175.5% |
| Taxes, remuneration and social security | 45 | €9,174 | €10,256 | +€1,082 | +11.8% |
| Taxes | 450/3 | €3,943 | €10,256 | +€6,313 | +160.1% |
| Remuneration and social security | 454/9 | €5,231 | - | -€5,231 | |
| Other amounts payable | 47/48 | €8,196 | €31,562 | +€23,367 | +285.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €620 | €9,957 | +€9,337 | +1506.6% |
| Other operating charges | 640/8 | €787 | €570 | -€217 | -27.6% |
| Gross operating margin | 9900 | €19,371 | €39,733 | +€20,362 | +105.1% |
| Operating profit (loss) | 9901 | €17,965 | €29,206 | +€11,242 | +62.6% |
| Financial income | 75/76B | €23 | €0 | -€23 | -99.9% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -99.9% |
| Financial charges | 65/66B | €166 | €613 | +€447 | +269.3% |
| Recurring financial charges | 65 | €166 | €613 | +€447 | +269.3% |
| Profit (loss) for the period before taxes | 9903 | €17,822 | €28,593 | +€10,772 | +60.4% |
| Income taxes | 67/77 | €3,773 | €6,313 | +€2,540 | +67.3% |
| Profit (loss) for the period | 9904 | €14,048 | €22,280 | +€8,232 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,048 | €22,280 | +€8,232 | +58.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.