SOLIBEL: 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.
SOLIBEL
Largest movements
- Tangible fixed assets -€64,825
down €64,825 (-18.8%), from €344,335 to €279,509
- Receivables within one year -€3,725
down €3,725 (-48.7%), from €7,645 to €3,919
of which Other amounts receivable: -€3,835
- Profit (loss) carried forward -€101,884
down €101,884 (-26.2%), from -€388,662 to -€490,547
- Other debts +€31,515
up €31,515 (+4.7%), from €675,028 to €706,544
- Gross operating margin +€1,552
up €1,552 (+38.5%), from -€4,033 to -€2,481
- Other operating charges +€814
up €814 (+2.4%), from €33,437 to €34,251
- Financial charges +€293
up €293 (+852.6%), from €34 to €327
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 | €355,082 | €285,053 | -€70,029 | -19.7% |
| Fixed assets | 21/28 | €345,335 | €280,509 | -€64,825 | -18.8% |
| Tangible fixed assets | 22/27 | €344,335 | €279,509 | -€64,825 | -18.8% |
| Land and buildings | 22 | €344,335 | €279,509 | -€64,825 | -18.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €9,748 | €4,544 | -€5,204 | -53.4% |
| Amounts receivable within one year | 40/41 | €7,645 | €3,919 | -€3,725 | -48.7% |
| Trade receivables | 40 | €3,810 | €3,919 | +€109 | +2.9% |
| Other amounts receivable | 41 | €3,835 | - | -€3,835 | |
| Cash at bank and in hand | 54/58 | €2,103 | €625 | -€1,478 | -70.3% |
| Total equity and liabilities | 10/49 | €355,082 | €285,053 | -€70,029 | -19.7% |
| Equity | 10/15 | -€319,946 | -€421,831 | -€101,884 | -31.8% |
| Contributions | 10/11 | €62,469 | €62,469 | = | 0.0% |
| Capital | 10 | €62,469 | €62,469 | = | 0.0% |
| Issued capital | 100 | €62,469 | €62,469 | = | 0.0% |
| Reserves | 13 | €6,247 | €6,247 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,247 | €6,247 | = | 0.0% |
| Legal reserve | 130 | €6,247 | €6,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€388,662 | -€490,547 | -€101,884 | -26.2% |
| Amounts payable | 17/49 | €675,028 | €706,884 | +€31,855 | +4.7% |
| Amounts payable within one year | 42/48 | €675,028 | €706,884 | +€31,855 | +4.7% |
| Trade debts | 44 | - | €340 | +€340 | |
| Suppliers | 440/4 | - | €340 | +€340 | |
| Other amounts payable | 47/48 | €675,028 | €706,544 | +€31,515 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,825 | €64,825 | -€0 | 0.0% |
| Other operating charges | 640/8 | €33,437 | €34,251 | +€814 | +2.4% |
| Gross operating margin | 9900 | -€4,033 | -€2,481 | +€1,552 | +38.5% |
| Operating profit (loss) | 9901 | -€102,296 | -€101,558 | +€738 | +0.7% |
| Financial charges | 65/66B | €34 | €327 | +€293 | +852.6% |
| Recurring financial charges | 65 | €34 | €327 | +€293 | +852.6% |
| Profit (loss) for the period before taxes | 9903 | -€102,330 | -€101,884 | +€446 | +0.4% |
| Profit (loss) for the period | 9904 | -€102,330 | -€101,884 | +€446 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€102,330 | -€101,884 | +€446 | +0.4% |
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 11 October 2026 via checked.be.