SOLESS: 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.
SOLESS
Largest movements
- Tangible fixed assets -€1.3m
down €1.3m (-35.3%), from €3.8m to €2.4m
of which Plant, machinery and equipment: -€1.3m
- Receivables within one year +€692,523
up €692,523 (+6.2%), from €11.1m to €11.8m
of which Trade receivables: +€445,703
- Cash -€298,339
down €298,339 (-12.4%), from €2.4m to €2.1m
mainly Other debts (-€2.5m) and Receivables within one year (-€692,523)
- Other debts -€2.5m
down €2.5m (-100%), from €2.5m to €0
- Reserves +€1.9m
up €1.9m (+18.4%), from €10.5m to €12.4m
of which Distributable reserves: +€1.9m
- Debts after one year -€635,720
down €635,720 (-26.8%), from €2.4m to €1.7m
- Tax, wage and social debts +€187,402
up €187,402 (+550%), from €34,057 to €221,459
- Gross operating margin +€669,472
up €669,472 (+21.6%), from €3.1m to €3.8m
- Taxes +€184,682
up €184,682 (+40.3%), from €458,460 to €643,142
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 | €17,337,220 | €16,386,207 | -€951,013 | -5.5% |
| Formation expenses | 20 | €16,424 | €13,109 | -€3,315 | -20.2% |
| Fixed assets | 21/28 | €3,788,078 | €2,449,474 | -€1.3m | -35.3% |
| Tangible fixed assets | 22/27 | €3,788,078 | €2,449,474 | -€1.3m | -35.3% |
| Land and buildings | 22 | €69,405 | €26,893 | -€42,512 | -61.3% |
| Plant, machinery and equipment | 23 | €3,718,673 | €2,422,581 | -€1.3m | -34.9% |
| Current assets | 29/58 | €13,532,718 | €13,923,624 | +€390,906 | +2.9% |
| Amounts receivable within one year | 40/41 | €11,125,309 | €11,817,832 | +€692,523 | +6.2% |
| Trade receivables | 40 | €299,951 | €745,654 | +€445,703 | +149% |
| Other amounts receivable | 41 | €10,825,359 | €11,072,178 | +€246,820 | +2.3% |
| Cash at bank and in hand | 54/58 | €2,397,685 | €2,099,346 | -€298,339 | -12.4% |
| Deferred charges and accrued income | 490/1 | €9,724 | €6,447 | -€3,278 | -33.7% |
| Total equity and liabilities | 10/49 | €17,337,220 | €16,386,207 | -€951,013 | -5.5% |
| Equity | 10/15 | €11,691,198 | €13,613,369 | +€1.9m | +16.4% |
| Contributions | 10/11 | €1,218,600 | €1,218,600 | = | 0.0% |
| Contributions outside capital | 11 | €1,218,600 | €1,218,600 | = | 0.0% |
| Share premium | 1100/10 | €1,218,600 | €1,218,600 | = | 0.0% |
| Reserves | 13 | €10,472,598 | €12,394,769 | +€1.9m | +18.4% |
| Non-distributable reserves | 130/1 | €10,472,598 | €10,472,598 | = | 0.0% |
| Legal reserve | 130 | €121,860 | €121,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,350,738 | €10,350,738 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | - | €1,922,170 | +€1.9m | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,646,022 | €2,772,838 | -€2.9m | -50.9% |
| Amounts payable after more than one year | 17 | €2,375,897 | €1,740,177 | -€635,720 | -26.8% |
| Financial debts | 170/4 | €2,375,897 | €1,740,177 | -€635,720 | -26.8% |
| Amounts payable within one year | 42/48 | €3,245,063 | €1,028,973 | -€2.2m | -68.3% |
| Current portion of amounts payable after more than one year | 42 | €648,244 | €635,720 | -€12,524 | -1.9% |
| Trade debts | 44 | €108,883 | €171,795 | +€62,912 | +57.8% |
| Suppliers | 440/4 | €108,883 | €171,795 | +€62,912 | +57.8% |
| Taxes, remuneration and social security | 45 | €34,057 | €221,459 | +€187,402 | +550% |
| Taxes | 450/3 | €34,057 | €221,459 | +€187,402 | +550% |
| Other amounts payable | 47/48 | €2,453,880 | €0 | -€2.5m | -100% |
| Accrued charges and deferred income | 492/3 | €25,062 | €3,688 | -€21,374 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,351,176 | €1,338,604 | -€12,571 | -0.9% |
| Other operating charges | 640/8 | €0 | €1,375 | +€1,375 | |
| Gross operating margin | 9900 | €3,105,989 | €3,775,461 | +€669,472 | +21.6% |
| Operating profit (loss) | 9901 | €1,754,813 | €2,435,482 | +€680,669 | +38.8% |
| Financial income | 75/76B | €180,838 | €173,357 | -€7,480 | -4.1% |
| Recurring financial income | 75 | €180,838 | €173,357 | -€7,480 | -4.1% |
| Financial charges | 65/66B | €43,679 | €43,527 | -€153 | -0.3% |
| Recurring financial charges | 65 | €43,679 | €43,527 | -€153 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €1,891,971 | €2,565,313 | +€673,341 | +35.6% |
| Income taxes | 67/77 | €458,460 | €643,142 | +€184,682 | +40.3% |
| Profit (loss) for the period | 9904 | €1,433,511 | €1,922,170 | +€488,659 | +34.1% |
| Transfer from tax-exempt reserves | 789 | €257,620 | €0 | -€257,620 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €1,691,131 | €1,922,170 | +€231,039 | +13.7% |
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 13 October 2026 via checked.be.