SOLAVIA: 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.
SOLAVIA
Largest movements
- Tangible fixed assets -€18,490
down €18,490 (-10.5%), from €176,142 to €157,652
of which Furniture and vehicles: -€10,583
- Cash +€6,037
up €6,037 (+113.3%), from €5,329 to €11,366
mainly Net result for the year (+€18,588) and Depreciation (+€18,490)
- Receivables within one year -€4,324
down €4,324 (-14.5%), from €29,862 to €25,538
of which Trade receivables: -€3,615
- Deferred charges and accrued income +€2,624
up €2,624 (+16.9%), from €15,572 to €18,197
- Debts after one year -€27,185
down €27,185 (-30.6%), from €88,716 to €61,531
- Reserves +€18,588
up €18,588 (+21.4%), from €87,003 to €105,591
of which Distributable reserves: +€18,588
- Other debts -€12,117
down €12,117 (-100.0%), from €12,117 to €0
- Tax, wage and social debts +€5,661
up €5,661 (+73.4%), from €7,708 to €13,369
of which Remuneration and social security: +€3,000
- Gross operating margin +€13,494
up €13,494 (+35.6%), from €37,950 to €51,444
- Taxes +€3,464
up €3,464 (+67.8%), from €5,109 to €8,573
- Other operating charges +€1,023
up €1,023 (+153.1%), from €669 to €1,692
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 | €238,007 | €223,855 | -€14,152 | -5.9% |
| Fixed assets | 21/28 | €176,498 | €158,008 | -€18,490 | -10.5% |
| Tangible fixed assets | 22/27 | €176,142 | €157,652 | -€18,490 | -10.5% |
| Land and buildings | 22 | €131,632 | €124,789 | -€6,843 | -5.2% |
| Plant, machinery and equipment | 23 | €1,310 | €246 | -€1,065 | -81.3% |
| Furniture and vehicles | 24 | €43,200 | €32,618 | -€10,583 | -24.5% |
| Financial fixed assets | 28 | €356 | €356 | = | 0.0% |
| Current assets | 29/58 | €61,509 | €65,847 | +€4,338 | +7.1% |
| Amounts receivable after more than one year | 29 | €9,732 | €9,732 | = | 0.0% |
| Other amounts receivable | 291 | €9,732 | €9,732 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,862 | €25,538 | -€4,324 | -14.5% |
| Trade receivables | 40 | €21,469 | €17,854 | -€3,615 | -16.8% |
| Other amounts receivable | 41 | €8,393 | €7,684 | -€709 | -8.4% |
| Current investments | 50/53 | €1,014 | €1,014 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,329 | €11,366 | +€6,037 | +113.3% |
| Deferred charges and accrued income | 490/1 | €15,572 | €18,197 | +€2,624 | +16.9% |
| Total equity and liabilities | 10/49 | €238,007 | €223,855 | -€14,152 | -5.9% |
| Equity | 10/15 | €93,203 | €111,791 | +€18,588 | +19.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,003 | €105,591 | +€18,588 | +21.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €87,003 | €105,591 | +€18,588 | +21.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €144,804 | €112,064 | -€32,741 | -22.6% |
| Amounts payable after more than one year | 17 | €88,716 | €61,531 | -€27,185 | -30.6% |
| Financial debts | 170/4 | €88,716 | €61,531 | -€27,185 | -30.6% |
| Amounts payable within one year | 42/48 | €55,786 | €50,469 | -€5,317 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €26,041 | €27,185 | +€1,144 | +4.4% |
| Trade debts | 44 | €7,962 | €9,915 | +€1,953 | +24.5% |
| Suppliers | 440/4 | €7,962 | €9,915 | +€1,953 | +24.5% |
| Advances received on contracts in progress | 46 | €1,958 | €0 | -€1,958 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,708 | €13,369 | +€5,661 | +73.4% |
| Taxes | 450/3 | €7,708 | €10,369 | +€2,661 | +34.5% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €12,117 | €0 | -€12,117 | -100.0% |
| Accrued charges and deferred income | 492/3 | €302 | €64 | -€238 | -78.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,225 | €18,490 | +€264 | +1.5% |
| Other operating charges | 640/8 | €669 | €1,692 | +€1,023 | +153.1% |
| Gross operating margin | 9900 | €37,950 | €51,444 | +€13,494 | +35.6% |
| Operating profit (loss) | 9901 | €19,056 | €31,263 | +€12,206 | +64.1% |
| Financial income | 75/76B | €1,321 | €843 | -€478 | -36.2% |
| Recurring financial income | 75 | €1,321 | €843 | -€478 | -36.2% |
| Financial charges | 65/66B | €5,087 | €4,944 | -€143 | -2.8% |
| Recurring financial charges | 65 | €5,087 | €4,944 | -€143 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €15,291 | €27,162 | +€11,871 | +77.6% |
| Income taxes | 67/77 | €5,109 | €8,573 | +€3,464 | +67.8% |
| Profit (loss) for the period | 9904 | €10,182 | €18,588 | +€8,407 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,182 | €18,588 | +€8,407 | +82.6% |
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 3 October 2026 via checked.be.