Solemare: 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.
Solemare
Largest movements
- Tangible fixed assets -€17,441
down €17,441 (-4.3%), from €407,535 to €390,094
of which Land and buildings: -€17,187
- Other debts -€5,712
down €5,712 (-4.2%), from €135,710 to €129,998
- Profit (loss) carried forward -€5,211
down €5,211 (-4.8%), from €108,339 to €103,128
- Reserves -€5,171
down €5,171 (-4.2%), from €123,074 to €117,903
of which Tax-exempt reserves: -€5,171
- Gross operating margin +€2,810
up €2,810 (+32.8%), from €8,568 to €11,378
- Other operating charges +€1,464
up €1,464 (+38.0%), from €3,857 to €5,321
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 | €407,559 | €390,173 | -€17,386 | -4.3% |
| Fixed assets | 21/28 | €407,535 | €390,094 | -€17,441 | -4.3% |
| Tangible fixed assets | 22/27 | €407,535 | €390,094 | -€17,441 | -4.3% |
| Land and buildings | 22 | €401,521 | €384,335 | -€17,187 | -4.3% |
| Furniture and vehicles | 24 | €6,014 | €5,759 | -€255 | -4.2% |
| Current assets | 29/58 | €24 | €79 | +€55 | +229.9% |
| Cash at bank and in hand | 54/58 | €24 | €79 | +€55 | +229.9% |
| Total equity and liabilities | 10/49 | €407,559 | €390,173 | -€17,386 | -4.3% |
| Equity | 10/15 | €243,813 | €233,431 | -€10,382 | -4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €123,074 | €117,903 | -€5,171 | -4.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €121,215 | €116,044 | -€5,171 | -4.3% |
| Profit (loss) carried forward | 14 | €108,339 | €103,128 | -€5,211 | -4.8% |
| Provisions and deferred taxes | 16 | €28,036 | €26,743 | -€1,293 | -4.6% |
| Deferred taxes | 168 | €28,036 | €26,743 | -€1,293 | -4.6% |
| Amounts payable | 17/49 | €135,710 | €129,998 | -€5,712 | -4.2% |
| Amounts payable within one year | 42/48 | €135,710 | €129,998 | -€5,712 | -4.2% |
| Other amounts payable | 47/48 | €135,710 | €129,998 | -€5,712 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,441 | €17,441 | = | 0.0% |
| Other operating charges | 640/8 | €3,857 | €5,321 | +€1,464 | +38.0% |
| Gross operating margin | 9900 | €8,568 | €11,378 | +€2,810 | +32.8% |
| Operating profit (loss) | 9901 | -€12,730 | -€11,384 | +€1,346 | +10.6% |
| Financial charges | 65/66B | €253 | €290 | +€37 | +14.6% |
| Recurring financial charges | 65 | €253 | €290 | +€37 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,983 | -€11,675 | +€1,309 | +10.1% |
| Transfer from deferred taxes | 780 | €1,293 | €1,293 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€11,691 | -€10,382 | +€1,309 | +11.2% |
| Transfer from tax-exempt reserves | 789 | €5,171 | €5,171 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,519 | -€5,211 | +€1,309 | +20.1% |
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 1 October 2026 via checked.be.