SolCur: 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.
SolCur
Largest movements
- Receivables within one year +€222,511
up €222,511 (+88.7%), from €250,877 to €473,388
of which Trade receivables: +€217,933
- Cash +€119,233
up €119,233 (+84.0%), from €142,025 to €261,258
mainly Net result for the year (+€254,140) and Tax, wage and social debts (+€108,229)
- Tangible fixed assets +€44,226
up €44,226 (+25.1%), from €176,106 to €220,332
of which Furniture and vehicles: +€42,312
- Reserves +€247,160
up €247,160 (+103.9%), from €237,981 to €485,142
of which Distributable reserves: +€248,400
- Tax, wage and social debts +€108,229
up €108,229 (+59.6%), from €181,668 to €289,896
of which Taxes: +€60,002
- Trade debts +€54,575
up €54,575 (+160.7%), from €33,963 to €88,538
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Debts after one year -€12,576
down €12,576 (-23.6%), from €53,320 to €40,744
- Gross operating margin +€866,761
up €866,761 (+78.5%), from €1.1m to €2.0m
- Staff costs +€555,313
up €555,313 (+56.4%), from €985,067 to €1.5m
- Taxes +€92,040
up €92,040 (+247.7%), from €37,164 to €129,204
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 | €582,161 | €971,608 | +€389,447 | +66.9% |
| Fixed assets | 21/28 | €176,106 | €220,332 | +€44,226 | +25.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €176,106 | €220,332 | +€44,226 | +25.1% |
| Land and buildings | 22 | €142,166 | €134,404 | -€7,762 | -5.5% |
| Plant, machinery and equipment | 23 | €29,023 | €38,698 | +€9,676 | +33.3% |
| Furniture and vehicles | 24 | €4,918 | €47,230 | +€42,312 | +860.4% |
| Current assets | 29/58 | €406,055 | €751,276 | +€345,221 | +85.0% |
| Amounts receivable within one year | 40/41 | €250,877 | €473,388 | +€222,511 | +88.7% |
| Trade receivables | 40 | €232,436 | €450,369 | +€217,933 | +93.8% |
| Other amounts receivable | 41 | €18,441 | €23,019 | +€4,578 | +24.8% |
| Cash at bank and in hand | 54/58 | €142,025 | €261,258 | +€119,233 | +84.0% |
| Deferred charges and accrued income | 490/1 | €13,152 | €16,629 | +€3,477 | +26.4% |
| Total equity and liabilities | 10/49 | €582,161 | €971,608 | +€389,447 | +66.9% |
| Equity | 10/15 | €256,581 | €485,142 | +€228,560 | +89.1% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €237,981 | €485,142 | +€247,160 | +103.9% |
| Non-distributable reserves | 130/1 | €1,240 | - | -€1,240 | |
| Reserves not available under the articles | 1311 | €1,240 | - | -€1,240 | |
| Distributable reserves | 133 | €236,741 | €485,142 | +€248,400 | +104.9% |
| Amounts payable | 17/49 | €325,580 | €486,466 | +€160,886 | +49.4% |
| Amounts payable after more than one year | 17 | €53,320 | €40,744 | -€12,576 | -23.6% |
| Financial debts | 170/4 | €53,320 | €40,744 | -€12,576 | -23.6% |
| Amounts payable within one year | 42/48 | €271,545 | €445,180 | +€173,635 | +63.9% |
| Current portion of amounts payable after more than one year | 42 | €12,439 | €12,576 | +€137 | +1.1% |
| Trade debts | 44 | €33,963 | €88,538 | +€54,575 | +160.7% |
| Suppliers | 440/4 | €33,963 | €88,538 | +€54,575 | +160.7% |
| Taxes, remuneration and social security | 45 | €181,668 | €289,896 | +€108,229 | +59.6% |
| Taxes | 450/3 | €72,927 | €132,928 | +€60,002 | +82.3% |
| Remuneration and social security | 454/9 | €108,741 | €156,968 | +€48,227 | +44.3% |
| Other amounts payable | 47/48 | €43,475 | €54,169 | +€10,694 | +24.6% |
| Accrued charges and deferred income | 492/3 | €715 | €542 | -€172 | -24.1% |
| Remuneration, social security and pensions | 62 | €985,067 | €1,540,379 | +€555,313 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,173 | €26,292 | +€5,119 | +24.2% |
| Other operating charges | 640/8 | €1,308 | €1,162 | -€146 | -11.2% |
| Gross operating margin | 9900 | €1,104,443 | €1,971,204 | +€866,761 | +78.5% |
| Operating profit (loss) | 9901 | €96,896 | €403,371 | +€306,475 | +316.3% |
| Financial charges | 65/66B | €14,053 | €20,027 | +€5,973 | +42.5% |
| Recurring financial charges | 65 | €14,053 | €20,027 | +€5,973 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €82,842 | €383,344 | +€300,502 | +362.7% |
| Income taxes | 67/77 | €37,164 | €129,204 | +€92,040 | +247.7% |
| Profit (loss) for the period | 9904 | €45,678 | €254,140 | +€208,462 | +456.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,678 | €254,140 | +€208,462 | +456.4% |
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 12 October 2026 via checked.be.