SOLHEID CONSTRUCTION: 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.
SOLHEID CONSTRUCTION
Largest movements
- Cash -€13,989
down €13,989 (-20.9%), from €67,053 to €53,063
mainly Receivables within one year (-€9,951) and Net result for the year (-€4,262)
- Receivables within one year +€9,951
up €9,951 (+7.0%), from €141,764 to €151,716
of which Trade receivables: +€10,100
- Tangible fixed assets -€2,774
down €2,774 (-100.0%), from €2,774 to €0
- Profit (loss) carried forward -€4,262
down €4,262 (-6.8%), from €62,878 to €58,616
- Trade debts -€2,666
down €2,666 (-3.8%), from €70,993 to €68,328
- Depreciation -€6,601
down €6,601 (-70.4%), from €9,375 to €2,774
- Gross operating margin -€1,301
down €1,301, from €824 to -€477
- Other operating charges +€80
up €80 (+8.6%), from €931 to €1,011
- Financial charges -€29
no longer reported in 2025 (was €29)
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 | €224,723 | €217,796 | -€6,928 | -3.1% |
| Fixed assets | 21/28 | €4,300 | €1,526 | -€2,774 | -64.5% |
| Tangible fixed assets | 22/27 | €2,774 | €0 | -€2,774 | -100.0% |
| Plant, machinery and equipment | 23 | €2,774 | €0 | -€2,774 | -100.0% |
| Financial fixed assets | 28 | €1,526 | €1,526 | = | 0.0% |
| Current assets | 29/58 | €220,424 | €216,270 | -€4,154 | -1.9% |
| Amounts receivable within one year | 40/41 | €141,764 | €151,716 | +€9,951 | +7.0% |
| Trade receivables | 40 | €141,227 | €151,327 | +€10,100 | +7.2% |
| Other amounts receivable | 41 | €538 | €389 | -€149 | -27.7% |
| Cash at bank and in hand | 54/58 | €67,053 | €53,063 | -€13,989 | -20.9% |
| Deferred charges and accrued income | 490/1 | €11,607 | €11,491 | -€116 | -1.0% |
| Total equity and liabilities | 10/49 | €224,723 | €217,796 | -€6,928 | -3.1% |
| Equity | 10/15 | €153,064 | €148,802 | -€4,262 | -2.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €28,212 | €28,212 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,303 | €7,303 | = | 0.0% |
| Legal reserve | 130 | €7,303 | €7,303 | = | 0.0% |
| Distributable reserves | 133 | €20,909 | €20,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,878 | €58,616 | -€4,262 | -6.8% |
| Amounts payable | 17/49 | €71,659 | €68,994 | -€2,666 | -3.7% |
| Amounts payable within one year | 42/48 | €71,659 | €68,994 | -€2,666 | -3.7% |
| Trade debts | 44 | €70,993 | €68,328 | -€2,666 | -3.8% |
| Suppliers | 440/4 | €70,993 | €68,328 | -€2,666 | -3.8% |
| Taxes, remuneration and social security | 45 | €270 | €270 | = | 0.0% |
| Taxes | 450/3 | €270 | €270 | = | 0.0% |
| Other amounts payable | 47/48 | €396 | €396 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,375 | €2,774 | -€6,601 | -70.4% |
| Other operating charges | 640/8 | €931 | €1,011 | +€80 | +8.6% |
| Gross operating margin | 9900 | €824 | -€477 | -€1,301 | |
| Operating profit (loss) | 9901 | -€9,482 | -€4,262 | +€5,220 | +55.1% |
| Financial charges | 65/66B | €29 | - | -€29 | |
| Recurring financial charges | 65 | €29 | - | -€29 | |
| Profit (loss) for the period before taxes | 9903 | -€9,511 | -€4,262 | +€5,248 | +55.2% |
| Profit (loss) for the period | 9904 | -€9,511 | -€4,262 | +€5,248 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,511 | -€4,262 | +€5,248 | +55.2% |
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.