SOLEOU: 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.
SOLEOU
Largest movements
- Cash +€56,687
up €56,687 (+70.3%), from €80,641 to €137,329
mainly Net result for the year (+€43,969) and Depreciation (+€40,443)
- Tangible fixed assets -€38,105
down €38,105 (-8.8%), from €433,969 to €395,864
of which Plant, machinery and equipment: -€25,980
- Profit (loss) carried forward +€43,969
up €43,969 (+158%), from €27,780 to €71,749
- Other debts -€33,939
down €33,939 (-17.7%), from €191,628 to €157,690
- Debts after one year -€26,108
down €26,108 (-10.6%), from €245,916 to €219,808
- Trade debts +€25,391
up €25,391 (+102%), from €24,775 to €50,166
- Gross operating margin -€28,133
down €28,133 (-6.8%), from €413,572 to €385,439
- Depreciation -€17,140
down €17,140 (-29.8%), from €57,583 to €40,443
- Taxes -€5,426
down €5,426 (-27.3%), from €19,870 to €14,444
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 | €606,093 | €622,885 | +€16,792 | +2.8% |
| Fixed assets | 21/28 | €434,019 | €395,914 | -€38,105 | -8.8% |
| Tangible fixed assets | 22/27 | €433,969 | €395,864 | -€38,105 | -8.8% |
| Land and buildings | 22 | €347,741 | €328,424 | -€19,317 | -5.6% |
| Plant, machinery and equipment | 23 | €51,099 | €25,119 | -€25,980 | -50.8% |
| Furniture and vehicles | 24 | €35,129 | €42,321 | +€7,192 | +20.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €172,075 | €226,971 | +€54,897 | +31.9% |
| Stocks and contracts in progress | 3 | €5,997 | €5,882 | -€114 | -1.9% |
| Stocks | 30/36 | €5,997 | €5,882 | -€114 | -1.9% |
| Amounts receivable within one year | 40/41 | €79,653 | €79,034 | -€619 | -0.8% |
| Trade receivables | 40 | €1,865 | - | -€1,865 | |
| Other amounts receivable | 41 | €77,787 | €79,034 | +€1,247 | +1.6% |
| Cash at bank and in hand | 54/58 | €80,641 | €137,329 | +€56,687 | +70.3% |
| Deferred charges and accrued income | 490/1 | €5,784 | €4,727 | -€1,058 | -18.3% |
| Total equity and liabilities | 10/49 | €606,093 | €622,885 | +€16,792 | +2.8% |
| Equity | 10/15 | €48,240 | €92,209 | +€43,969 | +91.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,780 | €71,749 | +€43,969 | +158% |
| Amounts payable | 17/49 | €557,854 | €530,677 | -€27,177 | -4.9% |
| Amounts payable after more than one year | 17 | €245,916 | €219,808 | -€26,108 | -10.6% |
| Financial debts | 170/4 | €245,916 | €219,808 | -€26,108 | -10.6% |
| Amounts payable within one year | 42/48 | €311,938 | €310,869 | -€1,069 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €25,417 | €26,108 | +€690 | +2.7% |
| Financial debts | 43 | €1,864 | €6,326 | +€4,461 | +239% |
| Credit institutions | 430/8 | €1,864 | €6,326 | +€4,461 | +239% |
| Trade debts | 44 | €24,775 | €50,166 | +€25,391 | +102% |
| Suppliers | 440/4 | €24,775 | €50,166 | +€25,391 | +102% |
| Taxes, remuneration and social security | 45 | €68,252 | €70,580 | +€2,327 | +3.4% |
| Taxes | 450/3 | €40,959 | €45,637 | +€4,678 | +11.4% |
| Remuneration and social security | 454/9 | €27,293 | €24,943 | -€2,350 | -8.6% |
| Other amounts payable | 47/48 | €191,628 | €157,690 | -€33,939 | -17.7% |
| Remuneration, social security and pensions | 62 | €273,359 | €274,324 | +€965 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,583 | €40,443 | -€17,140 | -29.8% |
| Other operating charges | 640/8 | €1,997 | €1,459 | -€538 | -26.9% |
| Gross operating margin | 9900 | €413,572 | €385,439 | -€28,133 | -6.8% |
| Operating profit (loss) | 9901 | €80,634 | €69,213 | -€11,421 | -14.2% |
| Financial income | 75/76B | €3 | €5 | +€2 | +79.1% |
| Recurring financial income | 75 | €3 | €5 | +€2 | +79.1% |
| Financial charges | 65/66B | €10,762 | €10,805 | +€44 | +0.4% |
| Recurring financial charges | 65 | €10,762 | €10,805 | +€44 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €69,876 | €58,413 | -€11,463 | -16.4% |
| Income taxes | 67/77 | €19,870 | €14,444 | -€5,426 | -27.3% |
| Profit (loss) for the period | 9904 | €50,006 | €43,969 | -€6,037 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,006 | €43,969 | -€6,037 | -12.1% |
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 17 October 2026 via checked.be.