SOLER: 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.
SOLER
Largest movements
- Cash -€19,817
down €19,817 (-43.0%), from €46,049 to €26,232
mainly Net result for the year (-€19,754) and Debts after one year (-€13,269)
- Tangible fixed assets -€4,191
down €4,191 (-4.3%), from €97,754 to €93,563
of which Land and buildings: -€3,977
- Profit (loss) carried forward -€19,754
down €19,754 (-33.5%), from €58,940 to €39,186
- Debts after one year -€13,269
down €13,269 (-65.9%), from €20,140 to €6,870
- Other debts +€8,861
up €8,861 (+65.5%), from €13,530 to €22,391
- Tax, wage and social debts -€3,771
down €3,771 (-25.4%), from €14,824 to €11,053
of which Taxes: -€3,254
- Trade debts +€1,928
up €1,928 (+38.7%), from €4,983 to €6,911
- Gross operating margin -€35,412
down €35,412 (-45.3%), from €78,129 to €42,717
- Staff costs +€9,237
up €9,237 (+23.3%), from €39,627 to €48,864
- Taxes -€7,624
no longer reported in 2025 (was €7,624)
- Financial charges -€1,409
down €1,409 (-21.7%), from €6,484 to €5,074
- Other operating charges +€1,127
up €1,127 (+35.0%), from €3,215 to €4,342
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 | €146,993 | €121,592 | -€25,401 | -17.3% |
| Fixed assets | 21/28 | €97,804 | €93,613 | -€4,191 | -4.3% |
| Tangible fixed assets | 22/27 | €97,754 | €93,563 | -€4,191 | -4.3% |
| Land and buildings | 22 | €94,323 | €90,346 | -€3,977 | -4.2% |
| Other tangible fixed assets | 26 | €3,430 | €3,217 | -€214 | -6.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €49,190 | €27,979 | -€21,211 | -43.1% |
| Amounts receivable within one year | 40/41 | €2,078 | €652 | -€1,426 | -68.6% |
| Trade receivables | 40 | €2,078 | €652 | -€1,426 | -68.6% |
| Cash at bank and in hand | 54/58 | €46,049 | €26,232 | -€19,817 | -43.0% |
| Deferred charges and accrued income | 490/1 | €1,063 | €1,095 | +€32 | +3.0% |
| Total equity and liabilities | 10/49 | €146,993 | €121,592 | -€25,401 | -17.3% |
| Equity | 10/15 | €80,853 | €61,098 | -€19,754 | -24.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,913 | €1,913 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,913 | €1,913 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,913 | €1,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,940 | €39,186 | -€19,754 | -33.5% |
| Amounts payable | 17/49 | €66,141 | €60,494 | -€5,647 | -8.5% |
| Amounts payable after more than one year | 17 | €20,140 | €6,870 | -€13,269 | -65.9% |
| Financial debts | 170/4 | €20,140 | €6,870 | -€13,269 | -65.9% |
| Amounts payable within one year | 42/48 | €46,001 | €53,623 | +€7,622 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €12,665 | €13,269 | +€605 | +4.8% |
| Trade debts | 44 | €4,983 | €6,911 | +€1,928 | +38.7% |
| Suppliers | 440/4 | €4,983 | €6,911 | +€1,928 | +38.7% |
| Taxes, remuneration and social security | 45 | €14,824 | €11,053 | -€3,771 | -25.4% |
| Taxes | 450/3 | €11,683 | €8,429 | -€3,254 | -27.9% |
| Remuneration and social security | 454/9 | €3,141 | €2,624 | -€517 | -16.5% |
| Other amounts payable | 47/48 | €13,530 | €22,391 | +€8,861 | +65.5% |
| Remuneration, social security and pensions | 62 | €39,627 | €48,864 | +€9,237 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,191 | €4,191 | = | 0.0% |
| Other operating charges | 640/8 | €3,215 | €4,342 | +€1,127 | +35.0% |
| Gross operating margin | 9900 | €78,129 | €42,717 | -€35,412 | -45.3% |
| Operating profit (loss) | 9901 | €31,096 | -€14,680 | -€45,776 | |
| Financial charges | 65/66B | €6,484 | €5,074 | -€1,409 | -21.7% |
| Recurring financial charges | 65 | €6,484 | €5,074 | -€1,409 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €24,612 | -€19,754 | -€44,367 | |
| Income taxes | 67/77 | €7,624 | - | -€7,624 | |
| Profit (loss) for the period | 9904 | €16,988 | -€19,754 | -€36,743 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,988 | -€19,754 | -€36,743 |
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 20 October 2026 via checked.be.