SOLE CITÉ: 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.
SOLE CITÉ
Largest movements
- Cash -€14,212
down €14,212 (-18.2%), from €78,223 to €64,010
mainly Investment in fixed assets (net) (-€44,300) and Stocks and contracts (-€13,810)
- Stocks and contracts +€13,810
up €13,810 (+109%), from €12,671 to €26,480
- Financial fixed assets +€5,000
new in 2025: €5,000
- Receivables within one year +€2,501
up €2,501 (+128%), from €1,956 to €4,457
- Trade debts +€8,093
up €8,093 (+56.4%), from €14,339 to €22,432
- Current portion of long-term debt +€7,456
up €7,456 (+46.8%), from €15,948 to €23,404
- Tax, wage and social debts -€6,116
down €6,116 (-27.5%), from €22,271 to €16,155
- Debts after one year +€3,717
up €3,717 (+23.4%), from €15,860 to €19,577
- Accrued charges and deferred income -€3,651
down €3,651 (-24.2%), from €15,087 to €11,437
- Gross operating margin -€45,309
down €45,309 (-13.4%), from €338,890 to €293,581
- Staff costs -€8,517
down €8,517 (-3.3%), from €255,753 to €247,236
- Taxes -€8,425
down €8,425 (-79.3%), from €10,630 to €2,205
- Depreciation +€4,587
up €4,587 (+13.9%), from €33,051 to €37,637
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 | €186,345 | €196,079 | +€9,734 | +5.2% |
| Fixed assets | 21/28 | €88,658 | €95,321 | +€6,663 | +7.5% |
| Tangible fixed assets | 22/27 | €88,658 | €90,321 | +€1,663 | +1.9% |
| Land and buildings | 22 | €33,553 | €22,687 | -€10,866 | -32.4% |
| Plant, machinery and equipment | 23 | €42,290 | €40,034 | -€2,255 | -5.3% |
| Furniture and vehicles | 24 | €12,816 | €27,600 | +€14,784 | +115% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €97,686 | €100,758 | +€3,072 | +3.1% |
| Stocks and contracts in progress | 3 | €12,671 | €26,480 | +€13,810 | +109% |
| Stocks | 30/36 | €12,671 | €26,480 | +€13,810 | +109% |
| Amounts receivable within one year | 40/41 | €1,956 | €4,457 | +€2,501 | +128% |
| Trade receivables | 40 | €1,956 | €4,457 | +€2,501 | +128% |
| Cash at bank and in hand | 54/58 | €78,223 | €64,010 | -€14,212 | -18.2% |
| Deferred charges and accrued income | 490/1 | €4,837 | €5,810 | +€973 | +20.1% |
| Total equity and liabilities | 10/49 | €186,345 | €196,079 | +€9,734 | +5.2% |
| Equity | 10/15 | €102,839 | €103,075 | +€235 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,239 | €84,475 | +€235 | +0.3% |
| Distributable reserves | 133 | €84,239 | €84,475 | +€235 | +0.3% |
| Amounts payable | 17/49 | €83,505 | €93,004 | +€9,499 | +11.4% |
| Amounts payable after more than one year | 17 | €15,860 | €19,577 | +€3,717 | +23.4% |
| Financial debts | 170/4 | €15,860 | €19,577 | +€3,717 | +23.4% |
| Amounts payable within one year | 42/48 | €52,558 | €61,991 | +€9,433 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €15,948 | €23,404 | +€7,456 | +46.8% |
| Trade debts | 44 | €14,339 | €22,432 | +€8,093 | +56.4% |
| Suppliers | 440/4 | €14,339 | €22,432 | +€8,093 | +56.4% |
| Taxes, remuneration and social security | 45 | €22,271 | €16,155 | -€6,116 | -27.5% |
| Taxes | 450/3 | €22,271 | €16,155 | -€6,116 | -27.5% |
| Accrued charges and deferred income | 492/3 | €15,087 | €11,437 | -€3,651 | -24.2% |
| Remuneration, social security and pensions | 62 | €255,753 | €247,236 | -€8,517 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,051 | €37,637 | +€4,587 | +13.9% |
| Other operating charges | 640/8 | €1,106 | €1,125 | +€19 | +1.7% |
| Gross operating margin | 9900 | €338,890 | €293,581 | -€45,309 | -13.4% |
| Operating profit (loss) | 9901 | €48,980 | €7,583 | -€41,397 | -84.5% |
| Financial income | 75/76B | €195 | €471 | +€277 | +142% |
| Recurring financial income | 75 | €195 | €471 | +€277 | +142% |
| Financial charges | 65/66B | €8,594 | €5,614 | -€2,980 | -34.7% |
| Recurring financial charges | 65 | €8,594 | €5,614 | -€2,980 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €40,581 | €2,441 | -€38,140 | -94.0% |
| Income taxes | 67/77 | €10,630 | €2,205 | -€8,425 | -79.3% |
| Profit (loss) for the period | 9904 | €29,951 | €235 | -€29,715 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,951 | €235 | -€29,715 | -99.2% |
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 13 October 2026 via checked.be.