SOLEVO: 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.
SOLEVO
Largest movements
- Cash -€33,898
down €33,898 (-47.4%), from €71,496 to €37,598
mainly Debts after one year (-€67,083) and Contributions, distributions and other (-€41,555)
- Receivables within one year -€22,739
down €22,739 (-44.9%), from €50,691 to €27,952
of which Trade receivables: -€18,607
- Tangible fixed assets -€9,807
down €9,807 (-6.1%), from €161,988 to €152,181
of which Furniture and vehicles: -€9,376
- Deferred charges and accrued income -€9,610
down €9,610 (-76.1%), from €12,631 to €3,021
- Debts after one year -€67,083
down €67,083 (-30.5%), from €219,946 to €152,863
- Trade debts -€4,343
down €4,343 (-78.4%), from €5,541 to €1,198
- Other debts -€3,667
down €3,667 (-7.9%), from €46,267 to €42,600
- Depreciation -€4,223
down €4,223 (-13.5%), from €31,353 to €27,130
- Gross operating margin -€2,063
down €2,063 (-2.5%), from €83,781 to €81,718
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 | €296,806 | €220,752 | -€76,054 | -25.6% |
| Fixed assets | 21/28 | €161,988 | €152,181 | -€9,807 | -6.1% |
| Tangible fixed assets | 22/27 | €161,988 | €152,181 | -€9,807 | -6.1% |
| Furniture and vehicles | 24 | €160,411 | €151,035 | -€9,376 | -5.8% |
| Other tangible fixed assets | 26 | €1,372 | €1,146 | -€226 | -16.5% |
| Assets under construction and advance payments | 27 | €205 | - | -€205 | |
| Current assets | 29/58 | €134,818 | €68,571 | -€66,247 | -49.1% |
| Amounts receivable within one year | 40/41 | €50,691 | €27,952 | -€22,739 | -44.9% |
| Trade receivables | 40 | €39,587 | €20,980 | -€18,607 | -47.0% |
| Other amounts receivable | 41 | €11,104 | €6,972 | -€4,132 | -37.2% |
| Cash at bank and in hand | 54/58 | €71,496 | €37,598 | -€33,898 | -47.4% |
| Deferred charges and accrued income | 490/1 | €12,631 | €3,021 | -€9,610 | -76.1% |
| Total equity and liabilities | 10/49 | €296,806 | €220,752 | -€76,054 | -25.6% |
| Equity | 10/15 | €21,345 | €20,523 | -€822 | -3.9% |
| 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 | €885 | €63 | -€822 | -92.9% |
| Amounts payable | 17/49 | €275,461 | €200,229 | -€75,232 | -27.3% |
| Amounts payable after more than one year | 17 | €219,946 | €152,863 | -€67,083 | -30.5% |
| Other amounts payable | 178/9 | €219,946 | €152,863 | -€67,083 | -30.5% |
| Amounts payable within one year | 42/48 | €52,884 | €47,366 | -€5,518 | -10.4% |
| Trade debts | 44 | €5,541 | €1,198 | -€4,343 | -78.4% |
| Suppliers | 440/4 | €5,541 | €1,198 | -€4,343 | -78.4% |
| Taxes, remuneration and social security | 45 | €1,076 | €3,568 | +€2,492 | +231.6% |
| Taxes | 450/3 | €1,076 | €3,568 | +€2,492 | +231.6% |
| Other amounts payable | 47/48 | €46,267 | €42,600 | -€3,667 | -7.9% |
| Accrued charges and deferred income | 492/3 | €2,631 | - | -€2,631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,353 | €27,130 | -€4,223 | -13.5% |
| Other operating charges | 640/8 | €1,059 | €1,894 | +€835 | +78.8% |
| Gross operating margin | 9900 | €83,781 | €81,718 | -€2,063 | -2.5% |
| Operating profit (loss) | 9901 | €51,369 | €52,694 | +€1,325 | +2.6% |
| Financial charges | 65/66B | €185 | €199 | +€14 | +7.6% |
| Recurring financial charges | 65 | €185 | €199 | +€14 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €51,184 | €52,495 | +€1,311 | +2.6% |
| Income taxes | 67/77 | €11,467 | €11,762 | +€295 | +2.6% |
| Profit (loss) for the period | 9904 | €39,717 | €40,733 | +€1,016 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,717 | €40,733 | +€1,016 | +2.6% |
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 3 October 2026 via checked.be.