SOLCON: 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.
SOLCON
Largest movements
- Tangible fixed assets -€33,395
down €33,395 (-25.2%), from €132,355 to €98,960
of which Furniture and vehicles: -€34,859
- Cash -€2,408
down €2,408 (-83.7%), from €2,876 to €468
mainly Net result for the year (-€79,619) and Investment in fixed assets (net) (-€10,074)
- Reserves -€256,156
down €256,156 (-100%), from €256,156 to €0
- Profit (loss) carried forward +€176,537
up €176,537 (+49.3%), from -€358,161 to -€181,623
- Other debts +€48,696
up €48,696 (+22.8%), from €213,178 to €261,874
- Short-term financial debts -€5,072
down €5,072 (-58.2%), from €8,718 to €3,646
- Gross operating margin +€5,071
up €5,071 (+12.7%), from -€39,927 to -€34,856
- Depreciation -€4,836
down €4,836 (-10.0%), from €48,305 to €43,469
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 | €139,491 | €103,653 | -€35,838 | -25.7% |
| Fixed assets | 21/28 | €134,555 | €101,160 | -€33,395 | -24.8% |
| Tangible fixed assets | 22/27 | €132,355 | €98,960 | -€33,395 | -25.2% |
| Land and buildings | 22 | €42,088 | €36,814 | -€5,273 | -12.5% |
| Plant, machinery and equipment | 23 | €2,804 | €9,670 | +€6,866 | +245% |
| Furniture and vehicles | 24 | €87,206 | €52,348 | -€34,859 | -40.0% |
| Other tangible fixed assets | 26 | €257 | €128 | -€128 | -50.0% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €4,936 | €2,493 | -€2,443 | -49.5% |
| Amounts receivable within one year | 40/41 | €426 | €430 | +€4 | +0.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €426 | €430 | +€4 | +0.8% |
| Cash at bank and in hand | 54/58 | €2,876 | €468 | -€2,408 | -83.7% |
| Deferred charges and accrued income | 490/1 | €1,635 | €1,596 | -€39 | -2.4% |
| Total equity and liabilities | 10/49 | €139,491 | €103,653 | -€35,838 | -25.7% |
| Equity | 10/15 | -€83,405 | -€163,023 | -€79,619 | -95.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €256,156 | €0 | -€256,156 | -100% |
| Distributable reserves | 133 | €256,156 | €0 | -€256,156 | -100% |
| Profit (loss) carried forward | 14 | -€358,161 | -€181,623 | +€176,537 | +49.3% |
| Amounts payable | 17/49 | €222,896 | €266,677 | +€43,781 | +19.6% |
| Amounts payable within one year | 42/48 | €222,896 | €266,677 | +€43,781 | +19.6% |
| Financial debts | 43 | €8,718 | €3,646 | -€5,072 | -58.2% |
| Credit institutions | 430/8 | €8,718 | €3,646 | -€5,072 | -58.2% |
| Trade debts | 44 | €535 | €697 | +€162 | +30.2% |
| Suppliers | 440/4 | €535 | €697 | +€162 | +30.2% |
| Taxes, remuneration and social security | 45 | €465 | €459 | -€5 | -1.2% |
| Taxes | 450/3 | €465 | €459 | -€5 | -1.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €213,178 | €261,874 | +€48,696 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,305 | €43,469 | -€4,836 | -10.0% |
| Other operating charges | 640/8 | €761 | €551 | -€210 | -27.6% |
| Gross operating margin | 9900 | -€39,927 | -€34,856 | +€5,071 | +12.7% |
| Operating profit (loss) | 9901 | -€88,993 | -€78,876 | +€10,117 | +11.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €314 | €284 | -€31 | -9.8% |
| Recurring financial charges | 65 | €314 | €284 | -€31 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€89,307 | -€79,160 | +€10,147 | +11.4% |
| Income taxes | 67/77 | €465 | €459 | -€5 | -1.2% |
| Profit (loss) for the period | 9904 | -€89,772 | -€79,619 | +€10,153 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,772 | -€79,619 | +€10,153 | +11.3% |
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 14 October 2026 via checked.be.