SOLEDA: 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.
SOLEDA
Largest movements
- Cash +€19,387
up €19,387 (+32.1%), from €60,385 to €79,772
mainly Net result for the year (+€21,062) and Tax, wage and social debts (+€17,147)
- Receivables within one year +€17,874
up €17,874 (+100%), from €17,816 to €35,690
of which Trade receivables: +€17,103
- Deferred charges and accrued income -€2,039
down €2,039 (-62.9%), from €3,240 to €1,201
- Reserves +€21,062
up €21,062 (+32.7%), from €64,458 to €85,520
- Tax, wage and social debts +€17,147
up €17,147 (+155%), from €11,093 to €28,240
of which Taxes: +€13,178
- Gross operating margin +€26,319
up €26,319 (+299%), from €8,816 to €35,135
- Taxes +€7,028
up €7,028 (+229%), from €3,070 to €10,098
- Depreciation +€609
up €609 (+32.9%), from €1,853 to €2,462
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 | €85,497 | €121,531 | +€36,033 | +42.1% |
| Fixed assets | 21/28 | €4,057 | €4,868 | +€812 | +20.0% |
| Tangible fixed assets | 22/27 | €4,057 | €4,868 | +€812 | +20.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,017 | €3,828 | +€812 | +26.9% |
| Other tangible fixed assets | 26 | €1,040 | €1,040 | = | 0.0% |
| Current assets | 29/58 | €81,441 | €116,663 | +€35,222 | +43.2% |
| Amounts receivable within one year | 40/41 | €17,816 | €35,690 | +€17,874 | +100% |
| Trade receivables | 40 | €17,816 | €34,919 | +€17,103 | +96.0% |
| Other amounts receivable | 41 | €0 | €771 | +€771 | |
| Cash at bank and in hand | 54/58 | €60,385 | €79,772 | +€19,387 | +32.1% |
| Deferred charges and accrued income | 490/1 | €3,240 | €1,201 | -€2,039 | -62.9% |
| Total equity and liabilities | 10/49 | €85,497 | €121,531 | +€36,033 | +42.1% |
| Equity | 10/15 | €69,458 | €90,520 | +€21,062 | +30.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €64,458 | €85,520 | +€21,062 | +32.7% |
| Distributable reserves | 133 | €64,458 | €85,520 | +€21,062 | +32.7% |
| Amounts payable | 17/49 | €16,040 | €31,011 | +€14,971 | +93.3% |
| Amounts payable within one year | 42/48 | €16,040 | €31,011 | +€14,971 | +93.3% |
| Trade debts | 44 | €3,974 | €2,771 | -€1,203 | -30.3% |
| Suppliers | 440/4 | €3,974 | €2,771 | -€1,203 | -30.3% |
| Taxes, remuneration and social security | 45 | €11,093 | €28,240 | +€17,147 | +155% |
| Taxes | 450/3 | €11,093 | €24,270 | +€13,178 | +119% |
| Remuneration and social security | 454/9 | €0 | €3,970 | +€3,970 | |
| Other amounts payable | 47/48 | €974 | €0 | -€974 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,853 | €2,462 | +€609 | +32.9% |
| Other operating charges | 640/8 | €650 | €760 | +€110 | +16.9% |
| Gross operating margin | 9900 | €8,816 | €35,135 | +€26,319 | +299% |
| Operating profit (loss) | 9901 | €6,313 | €31,913 | +€25,600 | +405% |
| Financial income | 75/76B | €0 | €21 | +€21 | |
| Recurring financial income | 75 | €0 | €21 | +€21 | |
| Financial charges | 65/66B | €741 | €773 | +€33 | +4.4% |
| Recurring financial charges | 65 | €741 | €773 | +€33 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €5,573 | €31,161 | +€25,588 | +459% |
| Income taxes | 67/77 | €3,070 | €10,098 | +€7,028 | +229% |
| Profit (loss) for the period | 9904 | €2,502 | €21,062 | +€18,560 | +742% |
| Profit (loss) for the period to be appropriated | 9905 | €2,502 | €21,062 | +€18,560 | +742% |
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 16 October 2026 via checked.be.