SOLFERBERGH: 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.
SOLFERBERGH
Largest movements
- Stocks and contracts +€68,048
up €68,048 (+4.7%), from €1.4m to €1.5m
of which Contracts in progress: +€68,048
- Other debts +€43,514
up €43,514 (+25.8%), from €168,586 to €212,099
- Short-term financial debts +€40,000
up €40,000 (+4.4%), from €900,000 to €940,000
of which Other loans: +€40,000
- Gross operating margin +€5,132
up €5,132 (+42.2%), from €12,153 to €17,285
- Financial charges +€2,639
up €2,639 (+35.8%), from €7,365 to €10,003
- Other operating charges +€681
up €681 (+14.6%), from €4,671 to €5,352
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 | €1,464,072 | €1,551,411 | +€87,339 | +6.0% |
| Fixed assets | 21/28 | - | €375 | +€375 | |
| Financial fixed assets | 28 | - | €375 | +€375 | |
| Current assets | 29/58 | €1,464,072 | €1,551,036 | +€86,964 | +5.9% |
| Stocks and contracts in progress | 3 | €1,444,370 | €1,512,417 | +€68,048 | +4.7% |
| Stocks | 30/36 | €1,350,285 | €1,350,285 | = | 0.0% |
| Contracts in progress | 37 | €94,085 | €162,132 | +€68,048 | +72.3% |
| Amounts receivable within one year | 40/41 | €10,956 | €14,799 | +€3,843 | +35.1% |
| Other amounts receivable | 41 | €10,956 | €14,799 | +€3,843 | +35.1% |
| Cash at bank and in hand | 54/58 | €8,746 | €23,744 | +€14,998 | +171% |
| Deferred charges and accrued income | 490/1 | - | €75 | +€75 | |
| Total equity and liabilities | 10/49 | €1,464,072 | €1,551,411 | +€87,339 | +6.0% |
| Equity | 10/15 | €395,486 | €397,415 | +€1,929 | +0.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,514 | -€2,585 | +€1,929 | +42.7% |
| Amounts payable | 17/49 | €1,068,586 | €1,153,996 | +€85,410 | +8.0% |
| Amounts payable within one year | 42/48 | €1,068,586 | €1,152,099 | +€83,514 | +7.8% |
| Financial debts | 43 | €900,000 | €940,000 | +€40,000 | +4.4% |
| Credit institutions | 430/8 | €900,000 | €900,000 | = | 0.0% |
| Other loans | 439 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €168,586 | €212,099 | +€43,514 | +25.8% |
| Accrued charges and deferred income | 492/3 | - | €1,896 | +€1,896 | |
| Other operating charges | 640/8 | €4,671 | €5,352 | +€681 | +14.6% |
| Gross operating margin | 9900 | €12,153 | €17,285 | +€5,132 | +42.2% |
| Operating profit (loss) | 9901 | €7,481 | €11,932 | +€4,451 | +59.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,365 | €10,003 | +€2,639 | +35.8% |
| Recurring financial charges | 65 | €7,365 | €10,003 | +€2,639 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €117 | €1,929 | +€1,812 | +1,555% |
| Profit (loss) for the period | 9904 | €117 | €1,929 | +€1,812 | +1,555% |
| Profit (loss) for the period to be appropriated | 9905 | €117 | €1,929 | +€1,812 | +1,555% |
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.