SOLBREUX: 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.
SOLBREUX
Largest movements
- Receivables within one year +€192,355
up €192,355 (+176.0%), from €109,298 to €301,652
of which Trade receivables: +€193,401
- Cash -€31,074
down €31,074 (-71.2%), from €43,658 to €12,584
mainly Receivables within one year (-€192,355) and Other debts (-€14,664)
- Stocks and contracts -€16,117
down €16,117 (-18.7%), from €86,300 to €70,183
- Trade debts +€88,888
up €88,888 (+84.7%), from €104,998 to €193,887
- Tax, wage and social debts +€44,081
up €44,081 (+152.7%), from €28,861 to €72,942
of which Taxes: +€42,124
- Profit (loss) carried forward +€15,828
up €15,828 (+74.8%), from €21,159 to €36,987
- Other debts -€14,664
down €14,664 (-87.1%), from €16,837 to €2,173
- Reserves +€10,000
up €10,000 (+64.1%), from €15,600 to €25,600
of which Distributable reserves: +€10,000
- Gross operating margin +€11,134
up €11,134 (+12.0%), from €92,989 to €104,123
- Taxes +€2,986
up €2,986 (+41.1%), from €7,272 to €10,259
- Other operating charges -€1,807
down €1,807 (-29.3%), from €6,170 to €4,363
- Staff costs -€1,553
down €1,553 (-2.6%), from €60,799 to €59,247
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 | €242,455 | €388,040 | +€145,585 | +60.0% |
| Fixed assets | 21/28 | €3,200 | €1,227 | -€1,973 | -61.6% |
| Tangible fixed assets | 22/27 | €3,100 | €1,127 | -€1,973 | -63.6% |
| Furniture and vehicles | 24 | €3,100 | €1,127 | -€1,973 | -63.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €239,255 | €386,813 | +€147,558 | +61.7% |
| Stocks and contracts in progress | 3 | €86,300 | €70,183 | -€16,117 | -18.7% |
| Stocks | 30/36 | €86,300 | €70,183 | -€16,117 | -18.7% |
| Amounts receivable within one year | 40/41 | €109,298 | €301,652 | +€192,355 | +176.0% |
| Trade receivables | 40 | €108,051 | €301,451 | +€193,401 | +179.0% |
| Other amounts receivable | 41 | €1,247 | €201 | -€1,046 | -83.9% |
| Cash at bank and in hand | 54/58 | €43,658 | €12,584 | -€31,074 | -71.2% |
| Deferred charges and accrued income | 490/1 | - | €2,394 | +€2,394 | |
| Total equity and liabilities | 10/49 | €242,455 | €388,040 | +€145,585 | +60.0% |
| Equity | 10/15 | €91,759 | €117,587 | +€25,828 | +28.1% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €15,600 | €25,600 | +€10,000 | +64.1% |
| Tax-exempt reserves | 132 | €1,600 | €1,600 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €24,000 | +€10,000 | +71.4% |
| Profit (loss) carried forward | 14 | €21,159 | €36,987 | +€15,828 | +74.8% |
| Amounts payable | 17/49 | €150,696 | €270,453 | +€119,757 | +79.5% |
| Amounts payable within one year | 42/48 | €150,696 | €269,001 | +€118,305 | +78.5% |
| Trade debts | 44 | €104,998 | €193,887 | +€88,888 | +84.7% |
| Suppliers | 440/4 | €104,998 | €193,887 | +€88,888 | +84.7% |
| Taxes, remuneration and social security | 45 | €28,861 | €72,942 | +€44,081 | +152.7% |
| Taxes | 450/3 | €21,681 | €63,806 | +€42,124 | +194.3% |
| Remuneration and social security | 454/9 | €7,180 | €9,136 | +€1,956 | +27.2% |
| Other amounts payable | 47/48 | €16,837 | €2,173 | -€14,664 | -87.1% |
| Accrued charges and deferred income | 492/3 | - | €1,452 | +€1,452 | |
| Remuneration, social security and pensions | 62 | €60,799 | €59,247 | -€1,553 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,980 | €1,973 | -€7 | -0.4% |
| Other operating charges | 640/8 | €6,170 | €4,363 | -€1,807 | -29.3% |
| Gross operating margin | 9900 | €92,989 | €104,123 | +€11,134 | +12.0% |
| Operating profit (loss) | 9901 | €24,040 | €38,540 | +€14,500 | +60.3% |
| Financial income | 75/76B | €38 | €5 | -€34 | -87.4% |
| Recurring financial income | 75 | €38 | €5 | -€34 | -87.4% |
| Financial charges | 65/66B | €2,966 | €2,458 | -€508 | -17.1% |
| Recurring financial charges | 65 | €2,966 | €2,458 | -€508 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €21,112 | €36,087 | +€14,975 | +70.9% |
| Income taxes | 67/77 | €7,272 | €10,259 | +€2,986 | +41.1% |
| Profit (loss) for the period | 9904 | €13,840 | €25,828 | +€11,989 | +86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,840 | €25,828 | +€11,989 | +86.6% |
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 5 October 2026 via checked.be.