SOLI-ST: 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.
SOLI-ST
Largest movements
- Tangible fixed assets +€147,366
up €147,366 (+53.6%), from €274,806 to €422,172
of which Plant, machinery and equipment: +€102,288
- Cash +€114,657
up €114,657 (+27.0%), from €425,317 to €539,974
mainly Net result for the year (+€350,812) and Receivables within one year (+€55,938)
- Receivables within one year -€55,938
down €55,938 (-90.3%), from €61,936 to €5,998
- Current investments +€42,719
up €42,719 (+1.7%), from €2.5m to €2.5m
- Reserves +€140,000
up €140,000 (+14.6%), from €956,860 to €1.1m
of which Distributable reserves: +€140,000
- Tax, wage and social debts +€47,393
up €47,393 (+57.1%), from €82,936 to €130,329
- Depreciation +€14,539
up €14,539 (+91.2%), from €15,946 to €30,486
- Taxes -€14,161
down €14,161 (-8.1%), from €175,227 to €161,066
- Financial income +€13,238
up €13,238 (+134%), from €9,857 to €23,095
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 | €3,231,784 | €3,478,793 | +€247,009 | +7.6% |
| Fixed assets | 21/28 | €274,806 | €422,172 | +€147,366 | +53.6% |
| Tangible fixed assets | 22/27 | €274,806 | €422,172 | +€147,366 | +53.6% |
| Land and buildings | 22 | €254,840 | €246,358 | -€8,482 | -3.3% |
| Plant, machinery and equipment | 23 | - | €102,288 | +€102,288 | |
| Furniture and vehicles | 24 | €2,611 | €59,717 | +€57,106 | +2,187% |
| Other tangible fixed assets | 26 | €17,355 | €13,809 | -€3,546 | -20.4% |
| Current assets | 29/58 | €2,956,978 | €3,056,621 | +€99,643 | +3.4% |
| Amounts receivable within one year | 40/41 | €61,936 | €5,998 | -€55,938 | -90.3% |
| Trade receivables | 40 | €61,936 | €5,998 | -€55,938 | -90.3% |
| Current investments | 50/53 | €2,467,930 | €2,510,649 | +€42,719 | +1.7% |
| Cash at bank and in hand | 54/58 | €425,317 | €539,974 | +€114,657 | +27.0% |
| Deferred charges and accrued income | 490/1 | €1,795 | - | -€1,795 | |
| Total equity and liabilities | 10/49 | €3,231,784 | €3,478,793 | +€247,009 | +7.6% |
| Equity | 10/15 | €2,795,862 | €2,946,674 | +€150,812 | +5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €956,860 | €1,096,860 | +€140,000 | +14.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €955,000 | €1,095,000 | +€140,000 | +14.7% |
| Profit (loss) carried forward | 14 | €1,832,802 | €1,843,614 | +€10,812 | +0.6% |
| Amounts payable | 17/49 | €435,922 | €532,119 | +€96,197 | +22.1% |
| Amounts payable within one year | 42/48 | €425,797 | €521,994 | +€96,197 | +22.6% |
| Trade debts | 44 | €5,241 | €21,799 | +€16,558 | +316% |
| Suppliers | 440/4 | €5,241 | €21,799 | +€16,558 | +316% |
| Taxes, remuneration and social security | 45 | €82,936 | €130,329 | +€47,393 | +57.1% |
| Taxes | 450/3 | €82,936 | €130,329 | +€47,393 | +57.1% |
| Other amounts payable | 47/48 | €337,619 | €369,865 | +€32,246 | +9.6% |
| Accrued charges and deferred income | 492/3 | €10,125 | €10,125 | = | 0.0% |
| Non-recurring operating income | 76A | - | €16,000 | +€16,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,946 | €30,486 | +€14,539 | +91.2% |
| Other operating charges | 640/8 | €1,479 | €3,822 | +€2,344 | +158% |
| Gross operating margin | 9900 | €536,483 | €533,331 | -€3,152 | -0.6% |
| Operating profit (loss) | 9901 | €519,058 | €499,023 | -€20,035 | -3.9% |
| Financial income | 75/76B | €9,857 | €23,095 | +€13,238 | +134% |
| Recurring financial income | 75 | €9,857 | €23,095 | +€13,238 | +134% |
| Financial charges | 65/66B | €10,254 | €10,239 | -€15 | -0.1% |
| Recurring financial charges | 65 | €10,254 | €10,239 | -€15 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €518,661 | €511,879 | -€6,782 | -1.3% |
| Income taxes | 67/77 | €175,227 | €161,066 | -€14,161 | -8.1% |
| Profit (loss) for the period | 9904 | €343,433 | €350,812 | +€7,379 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €343,433 | €350,812 | +€7,379 | +2.1% |
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 22 October 2026 via checked.be.