SOLHEID LOCATION: 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.
What changed
SOLHEID LOCATION
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€8,236
2024 · -€26,207+€17,971
Equity
€283,010
2024 · €291,246-€8,236
Cash
€54,990
2024 · €37,380+€17,611
Balance sheet total
€593,376
2024 · €582,382+€10,994
Largest movements
Assets
- Cash +€17,611
up €17,611 (+47.1%), from €37,380 to €54,990
mainly Depreciation (+€81,611) and Debts after one year (+€12,215)
Equity and liabilities
- Debts after one year +€12,215
up €12,215 (+20.6%), from €59,238 to €71,453
- Current portion of long-term debt +€11,359
up €11,359 (+25.3%), from €44,948 to €56,307
- Profit (loss) carried forward -€8,236
down €8,236 (-8.4%), from €98,576 to €90,340
Income statement
- Gross operating margin +€25,987
up €25,987 (+16.3%), from €159,780 to €185,766
- Depreciation +€7,382
up €7,382 (+9.9%), from €74,229 to €81,611
- Write-downs +€5,414
up €5,414, from -€2,866 to €2,549
- Staff costs -€2,532
down €2,532 (-2.6%), from €97,618 to €95,087
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.
Result 2024
-€26,207
Gross operating margin
+€25,987
Staff costs
+€2,532
Depreciation
-€7,382
Write-downs
-€5,414
Other operating charges
+€1,572
Other operating items
-€894
Financial income
+€869
Financial charges
+€1,375
Taxes
+€9
Deferred taxes and other
-€681
Result 2025
-€8,236
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€74,616
Investment
-€80,580
Financing
+€23,574
Cash 2024
€37,380
From operations (derived)
+€74,616
Net result for the year
-€8,236
Depreciation
+€81,611
Stocks and contracts
+€2,943
Receivables within one year
+€1,493
Deferred charges and accrued income
+€1,150
Trade debts
-€3,567
Tax, wage and social debts
-€840
Other debts
+€62
Investment (derived)
-€80,580
Investment in fixed assets (net)
-€80,580
Financing
+€23,574
Debts after one year
+€12,215
Current portion of long-term debt
+€11,359
Cash 2025
€54,990
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €582,382 | €593,376 | +€10,994 | +1.9% |
| Fixed assets | 21/28 | €408,891 | €407,859 | -€1,031 | -0.3% |
| Tangible fixed assets | 22/27 | €397,394 | €396,363 | -€1,031 | -0.3% |
| Land and buildings | 22 | €248,295 | €247,295 | -€1,000 | -0.4% |
| Plant, machinery and equipment | 23 | €22,947 | €18,742 | -€4,206 | -18.3% |
| Furniture and vehicles | 24 | €20,692 | €9,511 | -€11,181 | -54.0% |
| Leasing and similar rights | 25 | €105,460 | €120,815 | +€15,356 | +14.6% |
| Financial fixed assets | 28 | €11,496 | €11,496 | = | 0.0% |
| Current assets | 29/58 | €173,492 | €185,517 | +€12,025 | +6.9% |
| Amounts receivable after more than one year | 29 | €2,487 | €2,487 | = | 0.0% |
| Other amounts receivable | 291 | €2,487 | €2,487 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,262 | €4,319 | -€2,943 | -40.5% |
| Stocks | 30/36 | €7,262 | €4,319 | -€2,943 | -40.5% |
| Amounts receivable within one year | 40/41 | €116,556 | €115,063 | -€1,493 | -1.3% |
| Trade receivables | 40 | €115,875 | €114,707 | -€1,168 | -1.0% |
| Other amounts receivable | 41 | €681 | €356 | -€325 | -47.7% |
| Cash at bank and in hand | 54/58 | €37,380 | €54,990 | +€17,611 | +47.1% |
| Deferred charges and accrued income | 490/1 | €9,808 | €8,658 | -€1,150 | -11.7% |
| Total equity and liabilities | 10/49 | €582,382 | €593,376 | +€10,994 | +1.9% |
| Equity | 10/15 | €291,246 | €283,010 | -€8,236 | -2.8% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €167,880 | €167,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,248 | €4,248 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,248 | €4,248 | = | 0.0% |
| Tax-exempt reserves | 132 | €113,632 | €113,632 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,576 | €90,340 | -€8,236 | -8.4% |
| Provisions and deferred taxes | 16 | €900 | €900 | = | 0.0% |
| Deferred taxes | 168 | €900 | €900 | = | 0.0% |
| Amounts payable | 17/49 | €290,237 | €309,466 | +€19,230 | +6.6% |
| Amounts payable after more than one year | 17 | €59,238 | €71,453 | +€12,215 | +20.6% |
| Financial debts | 170/4 | €59,238 | €71,453 | +€12,215 | +20.6% |
| Amounts payable within one year | 42/48 | €217,254 | €224,268 | +€7,014 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €44,948 | €56,307 | +€11,359 | +25.3% |
| Trade debts | 44 | €152,496 | €148,929 | -€3,567 | -2.3% |
| Suppliers | 440/4 | €152,496 | €148,929 | -€3,567 | -2.3% |
| Taxes, remuneration and social security | 45 | €19,010 | €18,171 | -€840 | -4.4% |
| Taxes | 450/3 | €3,395 | €4,529 | +€1,134 | +33.4% |
| Remuneration and social security | 454/9 | €15,615 | €13,642 | -€1,974 | -12.6% |
| Other amounts payable | 47/48 | €800 | €862 | +€62 | +7.7% |
| Accrued charges and deferred income | 492/3 | €13,745 | €13,745 | = | 0.0% |
| Non-recurring operating income | 76A | €100 | €32,500 | +€32,400 | +32,400% |
| Remuneration, social security and pensions | 62 | €97,618 | €95,087 | -€2,532 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,229 | €81,611 | +€7,382 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,866 | €2,549 | +€5,414 | |
| Other operating charges | 640/8 | €12,951 | €11,379 | -€1,572 | -12.1% |
| Non-recurring operating charges | 66A | €255 | €1,149 | +€894 | +351% |
| Gross operating margin | 9900 | €159,780 | €185,766 | +€25,987 | +16.3% |
| Operating profit (loss) | 9901 | -€22,408 | -€6,008 | +€16,400 | +73.2% |
| Financial income | 75/76B | €1,466 | €2,334 | +€869 | +59.3% |
| Recurring financial income | 75 | €1,466 | €2,334 | +€869 | +59.3% |
| Financial charges | 65/66B | €5,788 | €4,413 | -€1,375 | -23.8% |
| Recurring financial charges | 65 | €5,788 | €4,413 | -€1,375 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,730 | -€8,087 | +€18,643 | +69.7% |
| Transfer from deferred taxes | 780 | €681 | - | -€681 | |
| Income taxes | 67/77 | €158 | €149 | -€9 | -5.6% |
| Profit (loss) for the period | 9904 | -€26,207 | -€8,236 | +€17,971 | +68.6% |
| Transfer from tax-exempt reserves | 789 | €2,044 | - | -€2,044 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,163 | -€8,236 | +€15,927 | +65.9% |
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.