SOLEASE: 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.
SOLEASE
Largest movements
- Cash +€22,019
up €22,019 (+420.9%), from €5,232 to €27,251
mainly Depreciation (+€27,241) and Other debts (+€21,165)
- Tangible fixed assets -€21,513
down €21,513 (-10.1%), from €213,621 to €192,107
of which Land and buildings: -€21,265
- Deferred charges and accrued income -€13,465
down €13,465 (-68.7%), from €19,597 to €6,133
- Receivables within one year -€12,117
down €12,117 (-13.4%), from €90,679 to €78,563
of which Trade receivables: -€33,700
- Profit (loss) carried forward -€45,548
down €45,548 (-3.8%), from -€1.2m to -€1.2m
- Other debts +€21,165
up €21,165 (+1.5%), from €1.4m to €1.4m
- Gross operating margin +€30,684
up €30,684 (+44.1%), from €69,512 to €100,196
- Depreciation +€12,332
up €12,332 (+82.7%), from €14,909 to €27,241
- Other operating charges +€2,124
up €2,124 (+3.4%), from €62,964 to €65,089
- Staff costs +€1,886
up €1,886 (+3.7%), from €51,250 to €53,136
- Financial charges -€1,389
down €1,389 (-83.3%), from €1,669 to €280
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 | €330,129 | €305,054 | -€25,075 | -7.6% |
| Fixed assets | 21/28 | €214,621 | €193,107 | -€21,513 | -10.0% |
| Tangible fixed assets | 22/27 | €213,621 | €192,107 | -€21,513 | -10.1% |
| Land and buildings | 22 | €212,929 | €191,664 | -€21,265 | -10.0% |
| Furniture and vehicles | 24 | €692 | €444 | -€248 | -35.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €115,509 | €111,946 | -€3,562 | -3.1% |
| Amounts receivable within one year | 40/41 | €90,679 | €78,563 | -€12,117 | -13.4% |
| Trade receivables | 40 | €79,205 | €45,505 | -€33,700 | -42.5% |
| Other amounts receivable | 41 | €11,474 | €33,058 | +€21,584 | +188.1% |
| Cash at bank and in hand | 54/58 | €5,232 | €27,251 | +€22,019 | +420.9% |
| Deferred charges and accrued income | 490/1 | €19,597 | €6,133 | -€13,465 | -68.7% |
| Total equity and liabilities | 10/49 | €330,129 | €305,054 | -€25,075 | -7.6% |
| Equity | 10/15 | -€1,132,137 | -€1,177,686 | -€45,548 | -4.0% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,195,137 | -€1,240,686 | -€45,548 | -3.8% |
| Amounts payable | 17/49 | €1,462,267 | €1,482,740 | +€20,473 | +1.4% |
| Amounts payable within one year | 42/48 | €1,456,541 | €1,477,356 | +€20,815 | +1.4% |
| Trade debts | 44 | €8,944 | €9,228 | +€285 | +3.2% |
| Suppliers | 440/4 | €8,944 | €9,228 | +€285 | +3.2% |
| Taxes, remuneration and social security | 45 | €19,171 | €18,537 | -€635 | -3.3% |
| Taxes | 450/3 | €11,546 | €10,879 | -€667 | -5.8% |
| Remuneration and social security | 454/9 | €7,626 | €7,658 | +€33 | +0.4% |
| Other amounts payable | 47/48 | €1,428,426 | €1,449,591 | +€21,165 | +1.5% |
| Accrued charges and deferred income | 492/3 | €5,726 | €5,383 | -€343 | -6.0% |
| Remuneration, social security and pensions | 62 | €51,250 | €53,136 | +€1,886 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,909 | €27,241 | +€12,332 | +82.7% |
| Other operating charges | 640/8 | €62,964 | €65,089 | +€2,124 | +3.4% |
| Gross operating margin | 9900 | €69,512 | €100,196 | +€30,684 | +44.1% |
| Operating profit (loss) | 9901 | -€59,611 | -€45,269 | +€14,342 | +24.1% |
| Financial charges | 65/66B | €1,669 | €280 | -€1,389 | -83.3% |
| Recurring financial charges | 65 | €1,669 | €280 | -€1,389 | -83.3% |
| Profit (loss) for the period before taxes | 9903 | -€61,280 | -€45,548 | +€15,732 | +25.7% |
| Profit (loss) for the period | 9904 | -€61,280 | -€45,548 | +€15,732 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,280 | -€45,548 | +€15,732 | +25.7% |
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.