SOLDIVA: 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.
SOLDIVA
Largest movements
- Receivables within one year +€352,906
up €352,906 (+77.5%), from €455,252 to €808,158
of which Other amounts receivable: +€575,594
- Cash -€254,956
down €254,956 (-94.7%), from €269,357 to €14,401
mainly Receivables within one year (-€352,906) and Other debts (-€158,311)
- Short-term financial debts +€161,000
new in 2025: €161,000
- Other debts -€158,311
down €158,311 (-56.1%), from €282,058 to €123,747
- Debts after one year -€137,982
down €137,982 (-85.4%), from €161,546 to €23,563
- Profit (loss) carried forward +€131,941
up €131,941, from -€131,941 to €0
- Reserves +€49,016
up €49,016 (+5.6%), from €881,906 to €930,922
- Gross operating margin +€114,147
up €114,147 (+72.2%), from €158,010 to €272,156
- Taxes +€34,842
up €34,842 (+103.0%), from €33,811 to €68,653
- Other operating charges -€9,425
down €9,425 (-79.4%), from €11,871 to €2,446
- Financial income +€3,723
up €3,723 (+32.5%), from €11,466 to €15,189
- Financial charges +€2,949
up €2,949 (+12.0%), from €24,494 to €27,443
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 | €4,130,111 | €4,223,256 | +€93,145 | +2.3% |
| Fixed assets | 21/28 | €3,092,611 | €3,084,765 | -€7,846 | -0.3% |
| Tangible fixed assets | 22/27 | €20,998 | €13,152 | -€7,846 | -37.4% |
| Land and buildings | 22 | €212 | €0 | -€212 | -100.0% |
| Plant, machinery and equipment | 23 | €11,662 | €6,604 | -€5,058 | -43.4% |
| Furniture and vehicles | 24 | €9,124 | €6,548 | -€2,576 | -28.2% |
| Financial fixed assets | 28 | €3,071,613 | €3,071,613 | = | 0.0% |
| Current assets | 29/58 | €1,037,500 | €1,138,492 | +€100,992 | +9.7% |
| Amounts receivable after more than one year | 29 | €311,661 | €314,778 | +€3,117 | +1.0% |
| Other amounts receivable | 291 | €311,661 | €314,778 | +€3,117 | +1.0% |
| Amounts receivable within one year | 40/41 | €455,252 | €808,158 | +€352,906 | +77.5% |
| Trade receivables | 40 | €222,688 | €0 | -€222,688 | -100.0% |
| Other amounts receivable | 41 | €232,564 | €808,158 | +€575,594 | +247.5% |
| Cash at bank and in hand | 54/58 | €269,357 | €14,401 | -€254,956 | -94.7% |
| Deferred charges and accrued income | 490/1 | €1,230 | €1,156 | -€74 | -6.1% |
| Total equity and liabilities | 10/49 | €4,130,111 | €4,223,256 | +€93,145 | +2.3% |
| Equity | 10/15 | €3,453,907 | €3,634,864 | +€180,957 | +5.2% |
| Contributions | 10/11 | €2,703,942 | €2,703,942 | = | 0.0% |
| Reserves | 13 | €881,906 | €930,922 | +€49,016 | +5.6% |
| Distributable reserves | 133 | €881,906 | €930,922 | +€49,016 | +5.6% |
| Profit (loss) carried forward | 14 | -€131,941 | €0 | +€131,941 | |
| Amounts payable | 17/49 | €676,204 | €588,392 | -€87,811 | -13.0% |
| Amounts payable after more than one year | 17 | €161,546 | €23,563 | -€137,982 | -85.4% |
| Financial debts | 170/4 | €161,546 | €23,563 | -€137,982 | -85.4% |
| Amounts payable within one year | 42/48 | €512,592 | €553,444 | +€40,851 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €143,110 | €149,222 | +€6,113 | +4.3% |
| Financial debts | 43 | - | €161,000 | +€161,000 | |
| Credit institutions | 430/8 | - | €161,000 | +€161,000 | |
| Trade debts | 44 | €27,716 | €40,974 | +€13,258 | +47.8% |
| Suppliers | 440/4 | €27,716 | €40,974 | +€13,258 | +47.8% |
| Taxes, remuneration and social security | 45 | €59,710 | €78,501 | +€18,791 | +31.5% |
| Taxes | 450/3 | €59,710 | €78,501 | +€18,791 | +31.5% |
| Other amounts payable | 47/48 | €282,058 | €123,747 | -€158,311 | -56.1% |
| Accrued charges and deferred income | 492/3 | €2,066 | €11,385 | +€9,319 | +451.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,134 | €7,846 | -€288 | -3.5% |
| Other operating charges | 640/8 | €11,871 | €2,446 | -€9,425 | -79.4% |
| Gross operating margin | 9900 | €158,010 | €272,156 | +€114,147 | +72.2% |
| Operating profit (loss) | 9901 | €138,005 | €261,864 | +€123,859 | +89.7% |
| Financial income | 75/76B | €11,466 | €15,189 | +€3,723 | +32.5% |
| Recurring financial income | 75 | €11,466 | €15,189 | +€3,723 | +32.5% |
| Financial charges | 65/66B | €24,494 | €27,443 | +€2,949 | +12.0% |
| Recurring financial charges | 65 | €24,494 | €27,443 | +€2,949 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €124,977 | €249,610 | +€124,633 | +99.7% |
| Income taxes | 67/77 | €33,811 | €68,653 | +€34,842 | +103.0% |
| Profit (loss) for the period | 9904 | €91,166 | €180,957 | +€89,791 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €91,166 | €180,957 | +€89,791 | +98.5% |
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 11 October 2026 via checked.be.