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SOLEOR: 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.

What changed

SOLEOR

BE 0547.987.246
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
€7,364
2021 · -€12,068+€19,432
Equity
-€42,979
2021 · -€50,343+€7,364
Cash
€18,786
2021 · €29,538-€10,752
Balance sheet total
€50,957
2021 · €94,629-€43,672

Largest movements

2021 to 2022
Assets
  • Receivables within one year -€24,467

    down €24,467 (-74.0%), from €33,045 to €8,577

  • Tangible fixed assets -€18,952

    down €18,952 (-93.6%), from €20,246 to €1,294

    of which Furniture and vehicles: -€18,044

  • Cash -€10,752

    down €10,752 (-36.4%), from €29,538 to €18,786

    mainly Other debts (-€42,484) and Stocks and contracts (-€10,500)

  • Stocks and contracts +€10,500

    up €10,500 (+105.0%), from €10,000 to €20,500

Equity and liabilities
  • Other debts -€42,484

    down €42,484 (-45.2%), from €93,920 to €51,437

  • Profit (loss) carried forward +€7,364

    up €7,364 (+10.2%), from -€72,343 to -€64,979

  • Trade debts -€4,475

    down €4,475 (-9.7%), from €46,292 to €41,817

  • Tax, wage and social debts -€4,078

    down €4,078 (-85.7%), from €4,760 to €682

    of which Taxes: -€2,766

Income statement
  • Gross operating margin +€18,397

    up €18,397, from -€2,704 to €15,693

  • Other operating charges +€5,029

    up €5,029 (+125.8%), from €3,998 to €9,026

  • Staff costs -€3,791

    down €3,791 (-100.0%), from €3,791 to €0

  • Financial income +€1,543

    up €1,543 (+1220.1%), from €126 to €1,669

  • Depreciation -€636

    down €636 (-41.2%), from €1,544 to €908

From the 2021 result to the 2022 result

effect on the 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.

Result 2021 -€12,068
Gross operating margin +€18,397
Staff costs +€3,791
Depreciation +€636
Other operating charges -€5,029
Financial income +€1,543
Financial charges +€107
Taxes -€13
Result 2022 €7,364

Cash bridge derived

cash 2021 to 2022

Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€28,797
Investment +€18,044
Financing €0
Cash 2021 €29,538
Net result for the year +€7,364
Depreciation +€908
Stocks and contracts -€10,500
Receivables within one year +€24,467
Trade debts -€4,475
Tax, wage and social debts -€4,078
Other debts -€42,484
Investment in fixed assets (net) +€18,044
Cash 2022 €18,786
Every line side by side 40 lines
Line Code 2021 2022 Change %
Total assets 20/58 €94,629 €50,957 -€43,672 -46.2%
Fixed assets 21/28 €22,046 €3,094 -€18,952 -86.0%
Tangible fixed assets 22/27 €20,246 €1,294 -€18,952 -93.6%
Plant, machinery and equipment 23 €2,202 €1,294 -€908 -41.2%
Furniture and vehicles 24 €18,044 €0 -€18,044 -100.0%
Financial fixed assets 28 €1,800 €1,800 = 0.0%
Current assets 29/58 €72,583 €47,863 -€24,720 -34.1%
Stocks and contracts in progress 3 €10,000 €20,500 +€10,500 +105.0%
Stocks 30/36 €10,000 €20,500 +€10,500 +105.0%
Amounts receivable within one year 40/41 €33,045 €8,577 -€24,467 -74.0%
Trade receivables 40 €33,045 €8,577 -€24,467 -74.0%
Cash at bank and in hand 54/58 €29,538 €18,786 -€10,752 -36.4%
Total equity and liabilities 10/49 €94,629 €50,957 -€43,672 -46.2%
Equity 10/15 -€50,343 -€42,979 +€7,364 +14.6%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €2,000 €2,000 = 0.0%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 -€72,343 -€64,979 +€7,364 +10.2%
Amounts payable 17/49 €144,973 €93,936 -€51,037 -35.2%
Amounts payable within one year 42/48 €144,973 €93,936 -€51,037 -35.2%
Trade debts 44 €46,292 €41,817 -€4,475 -9.7%
Suppliers 440/4 €46,292 €41,817 -€4,475 -9.7%
Taxes, remuneration and social security 45 €4,760 €682 -€4,078 -85.7%
Taxes 450/3 €3,448 €682 -€2,766 -80.2%
Remuneration and social security 454/9 €1,312 €0 -€1,312 -100.0%
Other amounts payable 47/48 €93,920 €51,437 -€42,484 -45.2%
Remuneration, social security and pensions 62 €3,791 €0 -€3,791 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,544 €908 -€636 -41.2%
Other operating charges 640/8 €3,998 €9,026 +€5,029 +125.8%
Gross operating margin 9900 -€2,704 €15,693 +€18,397
Operating profit (loss) 9901 -€12,036 €5,759 +€17,795
Financial income 75/76B €126 €1,669 +€1,543 +1220.1%
Recurring financial income 75 €126 €1,669 +€1,543 +1220.1%
Financial charges 65/66B €158 €51 -€107 -67.9%
Recurring financial charges 65 €158 €51 -€107 -67.9%
Profit (loss) for the period before taxes 9903 -€12,068 €7,377 +€19,445
Income taxes 67/77 - €13 +€13
Profit (loss) for the period 9904 -€12,068 €7,364 +€19,432
Profit (loss) for the period to be appropriated 9905 -€12,068 €7,364 +€19,432

Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.