SOLBOS VENTURES: 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.
SOLBOS VENTURES
Largest movements
- Receivables within one year +€77,121
up €77,121 (+92.3%), from €83,578 to €160,699
of which Trade receivables: +€73,342
- Tangible fixed assets -€58,105
down €58,105 (-14.8%), from €392,978 to €334,873
of which Land and buildings: -€50,011
- Cash +€16,319
up €16,319 (+32.0%), from €50,996 to €67,315
mainly Net result for the year (+€146,594) and Depreciation (+€89,209)
- Profit (loss) carried forward +€146,594
up €146,594 (+62.4%), from -€234,834 to -€88,240
- Debts after one year -€70,181
down €70,181 (-47.2%), from €148,532 to €78,351
- Short-term financial debts -€46,951
down €46,951 (-72.1%), from €65,112 to €18,162
- Trade debts +€23,497
up €23,497 (+339%), from €6,930 to €30,427
- Other debts -€17,704
down €17,704 (-10.0%), from €177,161 to €159,457
- Gross operating margin +€213,558
up €213,558 (+706%), from €30,256 to €243,814
- Financial charges -€16,425
down €16,425 (-56.1%), from €29,281 to €12,856
- Financial income -€3,231
down €3,231 (-42.6%), from €7,577 to €4,346
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 | €531,370 | €564,384 | +€33,014 | +6.2% |
| Fixed assets | 21/28 | €392,978 | €334,873 | -€58,105 | -14.8% |
| Tangible fixed assets | 22/27 | €392,978 | €334,873 | -€58,105 | -14.8% |
| Land and buildings | 22 | €184,704 | €134,693 | -€50,011 | -27.1% |
| Plant, machinery and equipment | 23 | €14,066 | €11,079 | -€2,987 | -21.2% |
| Furniture and vehicles | 24 | €194,208 | €189,100 | -€5,107 | -2.6% |
| Current assets | 29/58 | €138,392 | €229,511 | +€91,119 | +65.8% |
| Amounts receivable within one year | 40/41 | €83,578 | €160,699 | +€77,121 | +92.3% |
| Trade receivables | 40 | €15,724 | €89,066 | +€73,342 | +466% |
| Other amounts receivable | 41 | €67,854 | €71,633 | +€3,779 | +5.6% |
| Cash at bank and in hand | 54/58 | €50,996 | €67,315 | +€16,319 | +32.0% |
| Deferred charges and accrued income | 490/1 | €3,819 | €1,497 | -€2,321 | -60.8% |
| Total equity and liabilities | 10/49 | €531,370 | €564,384 | +€33,014 | +6.2% |
| Equity | 10/15 | €44,249 | €190,460 | +€146,211 | +330% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €215,552 | €215,552 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €209,352 | €209,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,834 | -€88,240 | +€146,594 | +62.4% |
| Investment grants | 15 | €1,532 | €1,149 | -€383 | -25.0% |
| Provisions and deferred taxes | 16 | €15,306 | €7,749 | -€7,557 | -49.4% |
| Deferred taxes | 168 | €15,306 | €7,749 | -€7,557 | -49.4% |
| Amounts payable | 17/49 | €471,815 | €366,175 | -€105,640 | -22.4% |
| Amounts payable after more than one year | 17 | €148,532 | €78,351 | -€70,181 | -47.2% |
| Financial debts | 170/4 | €148,532 | €78,351 | -€70,181 | -47.2% |
| Amounts payable within one year | 42/48 | €320,552 | €287,269 | -€33,283 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €69,874 | €70,181 | +€307 | +0.4% |
| Financial debts | 43 | €65,112 | €18,162 | -€46,951 | -72.1% |
| Credit institutions | 430/8 | €65,112 | €18,162 | -€46,951 | -72.1% |
| Trade debts | 44 | €6,930 | €30,427 | +€23,497 | +339% |
| Suppliers | 440/4 | €6,930 | €30,427 | +€23,497 | +339% |
| Taxes, remuneration and social security | 45 | €1,475 | €9,042 | +€7,567 | +513% |
| Taxes | 450/3 | €1,475 | €9,042 | +€7,567 | +513% |
| Other amounts payable | 47/48 | €177,161 | €159,457 | -€17,704 | -10.0% |
| Accrued charges and deferred income | 492/3 | €2,731 | €554 | -€2,176 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,791 | €89,209 | +€418 | +0.5% |
| Other operating charges | 640/8 | €7,124 | €6,878 | -€247 | -3.5% |
| Non-recurring operating charges | 66A | €3,427 | €0 | -€3,427 | -100% |
| Gross operating margin | 9900 | €30,256 | €243,814 | +€213,558 | +706% |
| Operating profit (loss) | 9901 | -€69,086 | €147,728 | +€216,814 | |
| Financial income | 75/76B | €7,577 | €4,346 | -€3,231 | -42.6% |
| Recurring financial income | 75 | €7,577 | €4,346 | -€3,231 | -42.6% |
| Financial charges | 65/66B | €29,281 | €12,856 | -€16,425 | -56.1% |
| Recurring financial charges | 65 | €29,281 | €12,856 | -€16,425 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | -€90,790 | €139,218 | +€230,007 | |
| Transfer from deferred taxes | 780 | €7,557 | €7,557 | = | 0.0% |
| Income taxes | 67/77 | €198 | €181 | -€17 | -8.6% |
| Profit (loss) for the period | 9904 | -€83,430 | €146,594 | +€230,024 | |
| Profit (loss) for the period to be appropriated | 9905 | -€83,430 | €146,594 | +€230,024 |
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.