Solica Immo: 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.
Solica Immo
Largest movements
- Receivables after one year +€925,000
new in 2025: €925,000
- Tangible fixed assets -€405,421
down €405,421 (-70.8%), from €572,484 to €167,063
- Cash +€113,982
up €113,982 (+411%), from €27,765 to €141,747
mainly Net result for the year (+€634,482) and Investment in fixed assets (net) (+€403,877)
- Reserves +€627,576
up €627,576 (+264%), from €237,284 to €864,860
of which Tax-exempt reserves: +€613,933
- Provisions +€204,644
new in 2025: €204,644
- Other debts -€120,697
no longer reported in 2025 (was €120,697)
- Trade debts -€50,540
down €50,540 (-99.7%), from €50,676 to €136
- Debts after one year -€34,727
down €34,727 (-41.4%), from €83,969 to €49,242
- Gross operating margin +€775,938
up €775,938 (+892%), from €87,018 to €862,956
- Depreciation -€24,186
down €24,186 (-94.0%), from €25,729 to €1,543
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 | €602,602 | €1,234,576 | +€631,974 | +105% |
| Fixed assets | 21/28 | €572,484 | €167,063 | -€405,421 | -70.8% |
| Tangible fixed assets | 22/27 | €572,484 | €167,063 | -€405,421 | -70.8% |
| Land and buildings | 22 | €572,484 | €167,063 | -€405,421 | -70.8% |
| Current assets | 29/58 | €30,118 | €1,067,513 | +€1.0m | +3,444% |
| Amounts receivable after more than one year | 29 | - | €925,000 | +€925,000 | |
| Other amounts receivable | 291 | - | €925,000 | +€925,000 | |
| Amounts receivable within one year | 40/41 | €1,041 | - | -€1,041 | |
| Trade receivables | 40 | €1,041 | - | -€1,041 | |
| Cash at bank and in hand | 54/58 | €27,765 | €141,747 | +€113,982 | +411% |
| Deferred charges and accrued income | 490/1 | €1,312 | €766 | -€546 | -41.6% |
| Total equity and liabilities | 10/49 | €602,602 | €1,234,576 | +€631,974 | +105% |
| Equity | 10/15 | €310,536 | €938,112 | +€627,576 | +202% |
| Contributions | 10/11 | €73,253 | €73,253 | = | 0.0% |
| Reserves | 13 | €237,284 | €864,860 | +€627,576 | +264% |
| Tax-exempt reserves | 132 | - | €613,933 | +€613,933 | |
| Distributable reserves | 133 | €237,284 | €250,927 | +€13,643 | +5.7% |
| Provisions and deferred taxes | 16 | - | €204,644 | +€204,644 | |
| Provisions for liabilities and charges | 160/5 | - | €204,644 | +€204,644 | |
| Taxes | 161 | - | €204,644 | +€204,644 | |
| Amounts payable | 17/49 | €292,066 | €91,820 | -€200,246 | -68.6% |
| Amounts payable after more than one year | 17 | €83,969 | €49,242 | -€34,727 | -41.4% |
| Financial debts | 170/4 | €83,969 | €49,242 | -€34,727 | -41.4% |
| Amounts payable within one year | 42/48 | €208,097 | €42,578 | -€165,519 | -79.5% |
| Current portion of amounts payable after more than one year | 42 | €34,727 | €34,727 | = | 0.0% |
| Trade debts | 44 | €50,676 | €136 | -€50,540 | -99.7% |
| Suppliers | 440/4 | €50,676 | €136 | -€50,540 | -99.7% |
| Taxes, remuneration and social security | 45 | €1,997 | €7,715 | +€5,718 | +286% |
| Taxes | 450/3 | €1,997 | €7,715 | +€5,718 | +286% |
| Other amounts payable | 47/48 | €120,697 | - | -€120,697 | |
| Non-recurring operating income | 76A | - | €818,577 | +€818,577 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,729 | €1,543 | -€24,186 | -94.0% |
| Other operating charges | 640/8 | €13,456 | €13,254 | -€202 | -1.5% |
| Gross operating margin | 9900 | €87,018 | €862,956 | +€775,938 | +892% |
| Operating profit (loss) | 9901 | €47,833 | €848,159 | +€800,326 | +1,673% |
| Financial income | 75/76B | - | €237 | +€237 | |
| Recurring financial income | 75 | - | €237 | +€237 | |
| Financial charges | 65/66B | €5,040 | €1,789 | -€3,251 | -64.5% |
| Recurring financial charges | 65 | €5,040 | €1,789 | -€3,251 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | €42,793 | €846,607 | +€803,814 | +1,878% |
| Transfer to deferred taxes | 680 | - | €204,644 | +€204,644 | |
| Income taxes | 67/77 | €216 | €7,481 | +€7,264 | +3,361% |
| Profit (loss) for the period | 9904 | €42,577 | €634,482 | +€591,905 | +1,390% |
| Transfer to tax-exempt reserves | 689 | - | €613,933 | +€613,933 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,577 | €20,549 | -€22,027 | -51.7% |
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 1 November 2026 via checked.be.