Solea: 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.
Solea
Largest movements
- Cash +€85,565
up €85,565 (+26.1%), from €327,885 to €413,450
mainly Debts within one year (+€36,687) and Net result for the year (+€27,218)
- Deferred charges and accrued income -€22,772
down €22,772 (-98.1%), from €23,213 to €441
- Receivables within one year -€11,868
down €11,868 (-2.9%), from €406,560 to €394,692
of which Trade receivables: -€21,082
- Debts within one year +€36,687
up €36,687 (+4.8%), from €761,895 to €798,583
of which Tax, wage and social debts: +€111,907
- Profit (loss) carried forward +€27,218
up €27,218 (+1.6%), from -€1.7m to -€1.7m
- Accrued charges and deferred income -€11,791
down €11,791 (-62.7%), from €18,791 to €7,000
- Gross operating margin +€368,291
up €368,291 (+10.3%), from €3.6m to €4.0m
- Staff costs +€361,284
up €361,284 (+10.3%), from €3.5m to €3.9m
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 | €823,841 | €875,956 | +€52,114 | +6.3% |
| Fixed assets | 21/28 | €65,246 | €66,713 | +€1,467 | +2.2% |
| Tangible fixed assets | 22/27 | €65,246 | €66,713 | +€1,467 | +2.2% |
| Plant, machinery and equipment | 23 | €52,066 | €46,419 | -€5,647 | -10.8% |
| Furniture and vehicles | 24 | €13,180 | €20,294 | +€7,114 | +54.0% |
| Current assets | 29/58 | €758,595 | €809,243 | +€50,647 | +6.7% |
| Stocks and contracts in progress | 3 | €937 | €658 | -€278 | -29.7% |
| Stocks | 30/36 | €937 | €658 | -€278 | -29.7% |
| Amounts receivable within one year | 40/41 | €406,560 | €394,692 | -€11,868 | -2.9% |
| Trade receivables | 40 | €93,513 | €72,431 | -€21,082 | -22.5% |
| Other amounts receivable | 41 | €313,047 | €322,262 | +€9,214 | +2.9% |
| Cash at bank and in hand | 54/58 | €327,885 | €413,450 | +€85,565 | +26.1% |
| Deferred charges and accrued income | 490/1 | €23,213 | €441 | -€22,772 | -98.1% |
| Total equity and liabilities | 10/49 | €823,841 | €875,956 | +€52,114 | +6.3% |
| Equity | 10/15 | €43,155 | €70,373 | +€27,218 | +63.1% |
| Contributions | 10/11 | €1,741,252 | €1,741,252 | = | 0.0% |
| Capital | 10 | €1,741,252 | €1,741,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,698,097 | -€1,670,879 | +€27,218 | +1.6% |
| Amounts payable | 17/49 | €780,686 | €805,583 | +€24,897 | +3.2% |
| Amounts payable within one year | 42/48 | €761,895 | €798,583 | +€36,687 | +4.8% |
| Trade debts | 44 | €174,940 | €90,849 | -€84,091 | -48.1% |
| Suppliers | 440/4 | €174,940 | €90,849 | -€84,091 | -48.1% |
| Taxes, remuneration and social security | 45 | €545,522 | €657,429 | +€111,907 | +20.5% |
| Taxes | 450/3 | €62,829 | €65,438 | +€2,609 | +4.2% |
| Remuneration and social security | 454/9 | €482,693 | €591,991 | +€109,297 | +22.6% |
| Accrued charges and deferred income | 492/3 | €18,791 | €7,000 | -€11,791 | -62.7% |
| Non-recurring operating income | 76A | €21,702 | €40,812 | +€19,110 | +88.1% |
| Remuneration, social security and pensions | 62 | €3,521,528 | €3,882,812 | +€361,284 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,810 | €19,216 | +€4,406 | +29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,489 | -€8,200 | +€3,289 | +28.6% |
| Other operating charges | 640/8 | €681 | €2,068 | +€1,387 | +203.9% |
| Non-recurring operating charges | 66A | €52,267 | €30,120 | -€22,147 | -42.4% |
| Gross operating margin | 9900 | €3,584,008 | €3,952,298 | +€368,291 | +10.3% |
| Operating profit (loss) | 9901 | €6,212 | €26,282 | +€20,070 | +323.1% |
| Financial income | 75/76B | €138 | €1,435 | +€1,297 | +941.1% |
| Recurring financial income | 75 | €138 | €1,435 | +€1,297 | +941.1% |
| Financial charges | 65/66B | €508 | €499 | -€8 | -1.7% |
| Recurring financial charges | 65 | €508 | €499 | -€8 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €5,842 | €27,218 | +€21,375 | +365.9% |
| Profit (loss) for the period | 9904 | €5,842 | €27,218 | +€21,375 | +365.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,842 | €27,218 | +€21,375 | +365.9% |
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 4 October 2026 via checked.be.