SOLBEX: 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.
SOLBEX
Largest movements
- Receivables within one year -€1.3m
down €1.3m (-93.5%), from €1.4m to €88,438
of which Other amounts receivable: -€1.3m
- Receivables after one year +€236,468
up €236,468 (+137%), from €172,361 to €408,829
- Cash -€66,514
down €66,514 (-81.5%), from €81,612 to €15,098
mainly Other debts (-€1.2m) and Receivables after one year (-€236,468)
- Deferred charges and accrued income -€44,504
down €44,504 (-51.2%), from €86,927 to €42,424
- Other debts -€1.2m
down €1.2m (-90.4%), from €1.3m to €125,000
- Reserves +€26,593
up €26,593 (+366%), from €7,266 to €33,859
- Trade debts +€25,332
up €25,332 (+7.5%), from €337,407 to €362,739
- Tax, wage and social debts -€18,097
down €18,097 (-54.7%), from €33,093 to €14,996
of which Taxes: -€9,797
- Financial income -€49,250
down €49,250 (-61.3%), from €80,303 to €31,053
- Gross operating margin -€29,486
down €29,486 (-8.4%), from €351,203 to €321,717
- Taxes -€19,224
down €19,224 (-27.3%), from €70,346 to €51,122
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 | €1,696,366 | €555,194 | -€1.1m | -67.3% |
| Fixed assets | 21/28 | €405 | €405 | = | 0.0% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €1,695,961 | €554,789 | -€1.1m | -67.3% |
| Amounts receivable after more than one year | 29 | €172,361 | €408,829 | +€236,468 | +137% |
| Other amounts receivable | 291 | €172,361 | €408,829 | +€236,468 | +137% |
| Amounts receivable within one year | 40/41 | €1,355,061 | €88,438 | -€1.3m | -93.5% |
| Trade receivables | 40 | €55,061 | €79,560 | +€24,499 | +44.5% |
| Other amounts receivable | 41 | €1,300,000 | €8,878 | -€1.3m | -99.3% |
| Cash at bank and in hand | 54/58 | €81,612 | €15,098 | -€66,514 | -81.5% |
| Deferred charges and accrued income | 490/1 | €86,927 | €42,424 | -€44,504 | -51.2% |
| Total equity and liabilities | 10/49 | €1,696,366 | €555,194 | -€1.1m | -67.3% |
| Equity | 10/15 | €25,866 | €52,459 | +€26,593 | +103% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,266 | €33,859 | +€26,593 | +366% |
| Distributable reserves | 133 | €7,266 | €33,859 | +€26,593 | +366% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,670,500 | €502,735 | -€1.2m | -69.9% |
| Amounts payable within one year | 42/48 | €1,670,500 | €502,735 | -€1.2m | -69.9% |
| Trade debts | 44 | €337,407 | €362,739 | +€25,332 | +7.5% |
| Suppliers | 440/4 | €337,407 | €362,739 | +€25,332 | +7.5% |
| Taxes, remuneration and social security | 45 | €33,093 | €14,996 | -€18,097 | -54.7% |
| Taxes | 450/3 | €16,430 | €6,633 | -€9,797 | -59.6% |
| Remuneration and social security | 454/9 | €16,662 | €8,363 | -€8,300 | -49.8% |
| Other amounts payable | 47/48 | €1,300,000 | €125,000 | -€1.2m | -90.4% |
| Remuneration, social security and pensions | 62 | €145,795 | €146,250 | +€455 | +0.3% |
| Other operating charges | 640/8 | €3,250 | €3,065 | -€184 | -5.7% |
| Gross operating margin | 9900 | €351,203 | €321,717 | -€29,486 | -8.4% |
| Operating profit (loss) | 9901 | €202,159 | €172,402 | -€29,757 | -14.7% |
| Financial income | 75/76B | €80,303 | €31,053 | -€49,250 | -61.3% |
| Recurring financial income | 75 | €80,303 | €31,053 | -€49,250 | -61.3% |
| Financial charges | 65/66B | €3,808 | €741 | -€3,067 | -80.5% |
| Recurring financial charges | 65 | €3,808 | €741 | -€3,067 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | €278,654 | €202,714 | -€75,940 | -27.3% |
| Income taxes | 67/77 | €70,346 | €51,122 | -€19,224 | -27.3% |
| Profit (loss) for the period | 9904 | €208,308 | €151,593 | -€56,715 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €208,308 | €151,593 | -€56,715 | -27.2% |
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 27 October 2026 via checked.be.