SOLFUT: 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.
SOLFUT
Largest movements
- Tangible fixed assets -€7,080
down €7,080 (-6.4%), from €110,128 to €103,048
of which Plant, machinery and equipment: -€18,768
- Profit (loss) carried forward -€12,079
down €12,079 (-7.4%), from -€162,728 to -€174,807
- Other debts +€6,626
up €6,626 (+4.3%), from €154,139 to €160,765
- Trade debts -€2,097
down €2,097 (-36.8%), from €5,694 to €3,598
- Gross operating margin +€2,005
up €2,005 (+43.0%), from -€4,667 to -€2,662
- Other operating charges -€607
down €607 (-24.4%), from €2,491 to €1,884
- Financial charges +€384
up €384 (+556.0%), from €69 to €453
- Depreciation -€260
down €260 (-3.5%), from €7,340 to €7,080
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 | €139,986 | €131,506 | -€8,480 | -6.1% |
| Fixed assets | 21/28 | €110,128 | €103,048 | -€7,080 | -6.4% |
| Tangible fixed assets | 22/27 | €110,128 | €103,048 | -€7,080 | -6.4% |
| Land and buildings | 22 | €91,360 | €103,048 | +€11,689 | +12.8% |
| Plant, machinery and equipment | 23 | €18,768 | - | -€18,768 | |
| Current assets | 29/58 | €29,858 | €28,458 | -€1,400 | -4.7% |
| Amounts receivable within one year | 40/41 | €28,130 | €28,130 | = | 0.0% |
| Other amounts receivable | 41 | €28,130 | €28,130 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,728 | €328 | -€1,400 | -81.0% |
| Total equity and liabilities | 10/49 | €139,986 | €131,506 | -€8,480 | -6.1% |
| Equity | 10/15 | -€62,728 | -€74,807 | -€12,079 | -19.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€162,728 | -€174,807 | -€12,079 | -7.4% |
| Amounts payable | 17/49 | €202,714 | €206,313 | +€3,599 | +1.8% |
| Amounts payable after more than one year | 17 | €41,200 | €41,200 | = | 0.0% |
| Financial debts | 170/4 | €41,200 | €41,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €159,833 | €164,362 | +€4,529 | +2.8% |
| Trade debts | 44 | €5,694 | €3,598 | -€2,097 | -36.8% |
| Suppliers | 440/4 | €5,694 | €3,598 | -€2,097 | -36.8% |
| Other amounts payable | 47/48 | €154,139 | €160,765 | +€6,626 | +4.3% |
| Accrued charges and deferred income | 492/3 | €1,681 | €751 | -€930 | -55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,340 | €7,080 | -€260 | -3.5% |
| Other operating charges | 640/8 | €2,491 | €1,884 | -€607 | -24.4% |
| Gross operating margin | 9900 | -€4,667 | -€2,662 | +€2,005 | +43.0% |
| Operating profit (loss) | 9901 | -€14,497 | -€11,626 | +€2,871 | +19.8% |
| Financial charges | 65/66B | €69 | €453 | +€384 | +556.0% |
| Recurring financial charges | 65 | €69 | €453 | +€384 | +556.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,566 | -€12,079 | +€2,488 | +17.1% |
| Profit (loss) for the period | 9904 | -€14,566 | -€12,079 | +€2,488 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,566 | -€12,079 | +€2,488 | +17.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.