SOLEMA: 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.
SOLEMA
Largest movements
- Cash +€232,043
up €232,043 (+277.0%), from €83,761 to €315,804
mainly Net result for the year (+€212,980) and Current investments (+€120,198)
- Current investments -€120,198
down €120,198 (-24.4%), from €492,339 to €372,141
- Tangible fixed assets -€44,958
down €44,958 (-4.2%), from €1.1m to €1.0m
of which Land and buildings: -€44,104
- Receivables within one year +€27,837
up €27,837 (+30.1%), from €92,494 to €120,331
of which Other amounts receivable: +€26,232
- Reserves +€212,980
up €212,980 (+14.8%), from €1.4m to €1.7m
of which Distributable reserves: +€272,322
- Other debts -€117,261
down €117,261 (-25.3%), from €464,115 to €346,854
- Debts after one year -€27,144
down €27,144 (-10.3%), from €262,296 to €235,152
- Gross operating margin +€57,880
up €57,880 (+18.0%), from €321,508 to €379,388
- Taxes +€33,847
up €33,847 (+52.7%), from €64,180 to €98,027
- Financial income +€24,589
up €24,589 (+122945450.0%), from €0 to €24,589
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,284,635 | €2,374,688 | +€90,053 | +3.9% |
| Fixed assets | 21/28 | €1,608,044 | €1,563,086 | -€44,958 | -2.8% |
| Tangible fixed assets | 22/27 | €1,061,062 | €1,016,104 | -€44,958 | -4.2% |
| Land and buildings | 22 | €1,058,692 | €1,014,588 | -€44,104 | -4.2% |
| Furniture and vehicles | 24 | €2,371 | €1,516 | -€854 | -36.0% |
| Financial fixed assets | 28 | €546,982 | €546,982 | = | 0.0% |
| Current assets | 29/58 | €676,591 | €811,602 | +€135,011 | +20.0% |
| Amounts receivable within one year | 40/41 | €92,494 | €120,331 | +€27,837 | +30.1% |
| Trade receivables | 40 | €27,840 | €29,445 | +€1,605 | +5.8% |
| Other amounts receivable | 41 | €64,654 | €90,886 | +€26,232 | +40.6% |
| Current investments | 50/53 | €492,339 | €372,141 | -€120,198 | -24.4% |
| Cash at bank and in hand | 54/58 | €83,761 | €315,804 | +€232,043 | +277.0% |
| Deferred charges and accrued income | 490/1 | €7,996 | €3,325 | -€4,671 | -58.4% |
| Total equity and liabilities | 10/49 | €2,284,635 | €2,374,688 | +€90,053 | +3.9% |
| Equity | 10/15 | €1,466,831 | €1,679,811 | +€212,980 | +14.5% |
| Contributions | 10/11 | €23,040 | €23,040 | = | 0.0% |
| Reserves | 13 | €1,443,791 | €1,656,771 | +€212,980 | +14.8% |
| Tax-exempt reserves | 132 | €330,965 | €271,623 | -€59,342 | -17.9% |
| Distributable reserves | 133 | €1,112,827 | €1,385,148 | +€272,322 | +24.5% |
| Provisions and deferred taxes | 16 | €31,974 | €30,787 | -€1,187 | -3.7% |
| Deferred taxes | 168 | €31,974 | €30,787 | -€1,187 | -3.7% |
| Amounts payable | 17/49 | €785,829 | €664,090 | -€121,739 | -15.5% |
| Amounts payable after more than one year | 17 | €262,296 | €235,152 | -€27,144 | -10.3% |
| Financial debts | 170/4 | €262,296 | €235,152 | -€27,144 | -10.3% |
| Amounts payable within one year | 42/48 | €521,825 | €427,396 | -€94,430 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €26,980 | €27,144 | +€164 | +0.6% |
| Trade debts | 44 | €2,079 | €5,487 | +€3,408 | +163.9% |
| Suppliers | 440/4 | €2,079 | €5,487 | +€3,408 | +163.9% |
| Taxes, remuneration and social security | 45 | €28,651 | €47,910 | +€19,259 | +67.2% |
| Taxes | 450/3 | €28,651 | €47,910 | +€19,259 | +67.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €464,115 | €346,854 | -€117,261 | -25.3% |
| Accrued charges and deferred income | 492/3 | €1,709 | €1,543 | -€166 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,791 | €46,288 | -€3,503 | -7.0% |
| Other operating charges | 640/8 | €10,733 | €12,352 | +€1,620 | +15.1% |
| Non-recurring operating charges | 66A | €7,350 | €0 | -€7,350 | -100.0% |
| Gross operating margin | 9900 | €321,508 | €379,388 | +€57,880 | +18.0% |
| Operating profit (loss) | 9901 | €253,635 | €320,748 | +€67,113 | +26.5% |
| Financial income | 75/76B | €0 | €24,589 | +€24,589 | +122945450.0% |
| Recurring financial income | 75 | €0 | €24,589 | +€24,589 | +122945450.0% |
| Financial charges | 65/66B | €37,700 | €35,518 | -€2,182 | -5.8% |
| Recurring financial charges | 65 | €37,700 | €35,518 | -€2,182 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €215,934 | €309,819 | +€93,885 | +43.5% |
| Transfer from deferred taxes | 780 | €1,187 | €1,187 | = | 0.0% |
| Income taxes | 67/77 | €64,180 | €98,027 | +€33,847 | +52.7% |
| Profit (loss) for the period | 9904 | €152,942 | €212,980 | +€60,038 | +39.3% |
| Transfer from tax-exempt reserves | 789 | €3,562 | €130,912 | +€127,350 | +3575.2% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €71,570 | -€12,630 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,304 | €272,322 | +€200,018 | +276.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.