SOLIBER: 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.
SOLIBER
Largest movements
- Current investments +€506,086
up €506,086 (+1,470%), from €34,424 to €540,511
- Cash -€148,803
down €148,803 (-16.5%), from €899,701 to €750,898
mainly Current investments (-€506,086) and Contributions, distributions and other (-€230,850)
- Reserves +€308,147
up €308,147 (+14.0%), from €2.2m to €2.5m
of which Distributable reserves: +€187,374
- Tax, wage and social debts +€40,684
up €40,684 (+154%), from €26,366 to €67,050
- Gross operating margin -€182,933
down €182,933 (-19.1%), from €957,072 to €774,139
- Financial income +€32,680
up €32,680 (+619%), from €5,280 to €37,960
- Taxes -€22,309
down €22,309 (-10.4%), from €215,536 to €193,227
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 | €2,294,400 | €2,634,347 | +€339,947 | +14.8% |
| Fixed assets | 21/28 | €1,067,273 | €1,066,386 | -€886 | -0.1% |
| Tangible fixed assets | 22/27 | €1,067,273 | €1,066,386 | -€886 | -0.1% |
| Land and buildings | 22 | €1,023,618 | €977,562 | -€46,055 | -4.5% |
| Plant, machinery and equipment | 23 | €14,797 | €15,379 | +€582 | +3.9% |
| Furniture and vehicles | 24 | €19,358 | €63,945 | +€44,587 | +230% |
| Other tangible fixed assets | 26 | €9,500 | €9,500 | = | 0.0% |
| Current assets | 29/58 | €1,227,127 | €1,567,960 | +€340,833 | +27.8% |
| Amounts receivable within one year | 40/41 | €291,463 | €274,178 | -€17,284 | -5.9% |
| Trade receivables | 40 | €291,215 | €273,930 | -€17,284 | -5.9% |
| Other amounts receivable | 41 | €248 | €248 | = | 0.0% |
| Current investments | 50/53 | €34,424 | €540,511 | +€506,086 | +1,470% |
| Cash at bank and in hand | 54/58 | €899,701 | €750,898 | -€148,803 | -16.5% |
| Deferred charges and accrued income | 490/1 | €1,540 | €2,373 | +€834 | +54.1% |
| Total equity and liabilities | 10/49 | €2,294,400 | €2,634,347 | +€339,947 | +14.8% |
| Equity | 10/15 | €2,209,069 | €2,517,216 | +€308,147 | +13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,202,869 | €2,511,016 | +€308,147 | +14.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €272,287 | €393,059 | +€120,773 | +44.4% |
| Distributable reserves | 133 | €1,928,723 | €2,116,097 | +€187,374 | +9.7% |
| Provisions and deferred taxes | 16 | €37,436 | €35,593 | -€1,842 | -4.9% |
| Deferred taxes | 168 | €37,436 | €35,593 | -€1,842 | -4.9% |
| Amounts payable | 17/49 | €47,895 | €81,537 | +€33,642 | +70.2% |
| Amounts payable within one year | 42/48 | €47,895 | €81,537 | +€33,642 | +70.2% |
| Trade debts | 44 | €16,615 | €9,869 | -€6,746 | -40.6% |
| Suppliers | 440/4 | €16,615 | €9,869 | -€6,746 | -40.6% |
| Taxes, remuneration and social security | 45 | €26,366 | €67,050 | +€40,684 | +154% |
| Taxes | 450/3 | €26,366 | €67,050 | +€40,684 | +154% |
| Other amounts payable | 47/48 | €4,913 | €4,618 | -€295 | -6.0% |
| Non-recurring operating income | 76A | €389 | €3,750 | +€3,361 | +864% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,416 | €62,967 | -€5,449 | -8.0% |
| Other operating charges | 640/8 | €17,063 | €17,049 | -€14 | -0.1% |
| Gross operating margin | 9900 | €957,072 | €774,139 | -€182,933 | -19.1% |
| Operating profit (loss) | 9901 | €871,593 | €694,123 | -€177,470 | -20.4% |
| Financial income | 75/76B | €5,280 | €37,960 | +€32,680 | +619% |
| Recurring financial income | 75 | €5,280 | €37,960 | +€32,680 | +619% |
| Financial charges | 65/66B | €135 | €1,701 | +€1,566 | +1,160% |
| Recurring financial charges | 65 | €135 | €1,701 | +€1,566 | +1,160% |
| Profit (loss) for the period before taxes | 9903 | €876,737 | €730,381 | -€146,356 | -16.7% |
| Transfer from deferred taxes | 780 | - | €1,842 | +€1,842 | |
| Transfer to deferred taxes | 680 | €39,278 | - | -€39,278 | |
| Income taxes | 67/77 | €215,536 | €193,227 | -€22,309 | -10.4% |
| Profit (loss) for the period | 9904 | €621,924 | €538,997 | -€82,927 | -13.3% |
| Transfer from tax-exempt reserves | 789 | €7,370 | €5,527 | -€1,842 | -25.0% |
| Transfer to tax-exempt reserves | 689 | €277,814 | €126,300 | -€151,514 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €351,479 | €418,224 | +€66,745 | +19.0% |
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 14 October 2026 via checked.be.