SOLIBOIS: 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.
SOLIBOIS
Largest movements
- Receivables within one year +€78,025
up €78,025 (+92.4%), from €84,444 to €162,469
of which Trade receivables: +€70,972
- Cash -€21,040
down €21,040 (-7.5%), from €281,715 to €260,676
mainly Receivables within one year (-€78,025) and Investment in fixed assets (net) (-€30,071)
- Reserves +€44,400
up €44,400 (+13.7%), from €323,100 to €367,500
of which Tax-exempt reserves: +€44,400
- Advances received +€7,098
new in 2025: €7,098
- Gross operating margin -€64,823
down €64,823 (-29.5%), from €219,609 to €154,786
- Taxes -€19,143
down €19,143 (-50.7%), from €37,735 to €18,592
- Staff costs +€15,207
up €15,207 (+25.6%), from €59,385 to €74,592
- Financial income +€7,640
up €7,640 (+132%), from €5,788 to €13,428
- Depreciation -€5,121
down €5,121 (-16.5%), from €31,110 to €25,989
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 | €479,156 | €537,739 | +€58,583 | +12.2% |
| Fixed assets | 21/28 | €71,338 | €75,420 | +€4,082 | +5.7% |
| Tangible fixed assets | 22/27 | €67,887 | €71,969 | +€4,082 | +6.0% |
| Plant, machinery and equipment | 23 | €1,222 | €891 | -€331 | -27.1% |
| Furniture and vehicles | 24 | €49,962 | €56,255 | +€6,293 | +12.6% |
| Other tangible fixed assets | 26 | €16,703 | €14,823 | -€1,880 | -11.3% |
| Financial fixed assets | 28 | €3,451 | €3,451 | = | 0.0% |
| Current assets | 29/58 | €407,818 | €462,319 | +€54,501 | +13.4% |
| Stocks and contracts in progress | 3 | €38,247 | €34,556 | -€3,691 | -9.7% |
| Stocks | 30/36 | €38,247 | €34,556 | -€3,691 | -9.7% |
| Amounts receivable within one year | 40/41 | €84,444 | €162,469 | +€78,025 | +92.4% |
| Trade receivables | 40 | €72,094 | €143,066 | +€70,972 | +98.4% |
| Other amounts receivable | 41 | €12,350 | €19,403 | +€7,053 | +57.1% |
| Cash at bank and in hand | 54/58 | €281,715 | €260,676 | -€21,040 | -7.5% |
| Deferred charges and accrued income | 490/1 | €3,411 | €4,618 | +€1,207 | +35.4% |
| Total equity and liabilities | 10/49 | €479,156 | €537,739 | +€58,583 | +12.2% |
| Equity | 10/15 | €422,634 | €467,161 | +€44,527 | +10.5% |
| Reserves | 13 | €323,100 | €367,500 | +€44,400 | +13.7% |
| Tax-exempt reserves | 132 | €215,600 | €260,000 | +€44,400 | +20.6% |
| Distributable reserves | 133 | €107,500 | €107,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,534 | €99,661 | +€127 | +0.1% |
| Amounts payable | 17/49 | €56,522 | €70,578 | +€14,056 | +24.9% |
| Amounts payable after more than one year | 17 | €18,312 | €21,156 | +€2,843 | +15.5% |
| Financial debts | 170/4 | €18,312 | €21,156 | +€2,843 | +15.5% |
| Amounts payable within one year | 42/48 | €38,209 | €49,422 | +€11,212 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €21,491 | €20,113 | -€1,378 | -6.4% |
| Trade debts | 44 | €11,621 | €14,823 | +€3,202 | +27.6% |
| Suppliers | 440/4 | €11,621 | €14,823 | +€3,202 | +27.6% |
| Advances received on contracts in progress | 46 | - | €7,098 | +€7,098 | |
| Taxes, remuneration and social security | 45 | €4,348 | €7,388 | +€3,040 | +69.9% |
| Taxes | 450/3 | €2,004 | €1,638 | -€366 | -18.3% |
| Remuneration and social security | 454/9 | €2,344 | €5,750 | +€3,406 | +145% |
| Other amounts payable | 47/48 | €750 | - | -€750 | |
| Remuneration, social security and pensions | 62 | €59,385 | €74,592 | +€15,207 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,110 | €25,989 | -€5,121 | -16.5% |
| Other operating charges | 640/8 | €2,682 | €1,453 | -€1,228 | -45.8% |
| Gross operating margin | 9900 | €219,609 | €154,786 | -€64,823 | -29.5% |
| Operating profit (loss) | 9901 | €126,431 | €52,751 | -€73,680 | -58.3% |
| Financial income | 75/76B | €5,788 | €13,428 | +€7,640 | +132% |
| Recurring financial income | 75 | €5,788 | €13,428 | +€7,640 | +132% |
| Financial charges | 65/66B | €2,964 | €3,059 | +€95 | +3.2% |
| Recurring financial charges | 65 | €2,964 | €3,059 | +€95 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €129,255 | €63,119 | -€66,136 | -51.2% |
| Income taxes | 67/77 | €37,735 | €18,592 | -€19,143 | -50.7% |
| Profit (loss) for the period | 9904 | €91,520 | €44,527 | -€46,992 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €91,520 | €44,527 | -€46,992 | -51.3% |
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 20 October 2026 via checked.be.