SOLI-DONS: 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.
SOLI-DONS
Largest movements
- Cash -€24,318
down €24,318 (-50.3%), from €48,345 to €24,027
mainly Debts within one year (-€21,341) and Accrued charges and deferred income (-€18,333)
- Tangible fixed assets -€13,529
down €13,529 (-29.4%), from €45,994 to €32,465
- Receivables within one year -€8,836
down €8,836 (-62.5%), from €14,140 to €5,305
of which Other amounts receivable: -€6,250
- Debts within one year -€21,341
down €21,341 (-74.0%), from €28,846 to €7,506
- Accrued charges and deferred income -€18,333
no longer reported in 2025 (was €18,333)
- Investment grants -€13,569
down €13,569 (-29.4%), from €46,115 to €32,545
- Profit (loss) carried forward +€6,735
up €6,735 (+64.9%), from €10,372 to €17,107
- Gross operating margin -€30,579
down €30,579 (-23.1%), from €132,566 to €101,987
- Staff costs -€20,463
down €20,463 (-20.1%), from €101,641 to €81,178
- Depreciation -€11,132
down €11,132 (-45.1%), from €24,661 to €13,529
- Other operating charges -€1,599
no longer reported in 2025 (was €1,599)
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 | €112,566 | €66,057 | -€46,509 | -41.3% |
| Fixed assets | 21/28 | €46,357 | €32,828 | -€13,529 | -29.2% |
| Tangible fixed assets | 22/27 | €45,994 | €32,465 | -€13,529 | -29.4% |
| Furniture and vehicles | 24 | €45,994 | €32,465 | -€13,529 | -29.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €66,209 | €33,230 | -€32,980 | -49.8% |
| Amounts receivable within one year | 40/41 | €14,140 | €5,305 | -€8,836 | -62.5% |
| Trade receivables | 40 | €4,140 | €1,555 | -€2,586 | -62.4% |
| Other amounts receivable | 41 | €10,000 | €3,750 | -€6,250 | -62.5% |
| Cash at bank and in hand | 54/58 | €48,345 | €24,027 | -€24,318 | -50.3% |
| Deferred charges and accrued income | 490/1 | €3,723 | €3,898 | +€174 | +4.7% |
| Total equity and liabilities | 10/49 | €112,566 | €66,057 | -€46,509 | -41.3% |
| Equity | 10/15 | €62,987 | €56,152 | -€6,835 | -10.9% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,372 | €17,107 | +€6,735 | +64.9% |
| Investment grants | 15 | €46,115 | €32,545 | -€13,569 | -29.4% |
| Provisions and deferred taxes | 16 | €2,400 | €2,400 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,400 | €2,400 | = | 0.0% |
| Major repairs and maintenance | 162 | €2,400 | €2,400 | = | 0.0% |
| Amounts payable | 17/49 | €47,179 | €7,506 | -€39,674 | -84.1% |
| Amounts payable within one year | 42/48 | €28,846 | €7,506 | -€21,341 | -74.0% |
| Trade debts | 44 | - | €797 | +€797 | |
| Suppliers | 440/4 | - | €797 | +€797 | |
| Taxes, remuneration and social security | 45 | €7,346 | €6,709 | -€638 | -8.7% |
| Remuneration and social security | 454/9 | €7,346 | €6,709 | -€638 | -8.7% |
| Accrued charges and deferred income | 492/3 | €18,333 | - | -€18,333 | |
| Non-recurring operating income | 76A | - | €480 | +€480 | |
| Remuneration, social security and pensions | 62 | €101,641 | €81,178 | -€20,463 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,661 | €13,529 | -€11,132 | -45.1% |
| Other operating charges | 640/8 | €1,599 | - | -€1,599 | |
| Non-recurring operating charges | 66A | €1,090 | €466 | -€624 | -57.2% |
| Gross operating margin | 9900 | €132,566 | €101,987 | -€30,579 | -23.1% |
| Operating profit (loss) | 9901 | €3,574 | €6,813 | +€3,239 | +90.6% |
| Financial charges | 65/66B | €82 | €78 | -€4 | -4.3% |
| Recurring financial charges | 65 | €82 | €78 | -€4 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €3,492 | €6,735 | +€3,242 | +92.8% |
| Profit (loss) for the period | 9904 | €3,492 | €6,735 | +€3,242 | +92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,492 | €6,735 | +€3,242 | +92.8% |
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 8 October 2026 via checked.be.