SOLICOM: what changed
Two fiscal 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.
SOLICOM
Largest movements
- Tangible fixed assets +€187,034
up €187,034 (+26.9%), from €696,013 to €883,046
of which Land and buildings: +€128,768
- Receivables within one year +€24,787
up €24,787 (+85.1%), from €29,137 to €53,924
of which Trade receivables: +€21,538
- Debts after one year +€87,668
up €87,668 (+16.4%), from €534,258 to €621,926
- Accrued charges and deferred income +€43,602
new in 2025: €43,602
- Trade debts +€35,856
up €35,856 (+523.0%), from €6,856 to €42,712
- Other debts +€28,951
up €28,951 (+98.2%), from €29,472 to €58,424
- Reserves -€28,429
down €28,429 (-18.1%), from €156,763 to €128,335
of which Distributable reserves: -€28,429
- Depreciation -€41,620
down €41,620 (-50.3%), from €82,671 to €41,051
- Gross operating margin +€25,853
up €25,853 (+34.8%), from €74,201 to €100,055
- Financial charges +€12,697
up €12,697 (+79.4%), from €16,001 to €28,699
- Financial income +€11,195
up €11,195 (+611773.8%), from €2 to €11,197
of which Non-recurring financial income: +€11,197
- Taxes +€6,314
up €6,314 (+1897.5%), from €333 to €6,646
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 | €775,268 | €983,606 | +€208,338 | +26.9% |
| Fixed assets | 21/28 | €696,013 | €883,046 | +€187,034 | +26.9% |
| Tangible fixed assets | 22/27 | €696,013 | €883,046 | +€187,034 | +26.9% |
| Land and buildings | 22 | €679,859 | €808,627 | +€128,768 | +18.9% |
| Furniture and vehicles | 24 | €16,154 | €74,420 | +€58,266 | +360.7% |
| Current assets | 29/58 | €79,255 | €100,560 | +€21,305 | +26.9% |
| Amounts receivable within one year | 40/41 | €29,137 | €53,924 | +€24,787 | +85.1% |
| Trade receivables | 40 | €11,132 | €32,670 | +€21,538 | +193.5% |
| Other amounts receivable | 41 | €18,005 | €21,254 | +€3,249 | +18.0% |
| Cash at bank and in hand | 54/58 | €50,118 | €46,635 | -€3,483 | -6.9% |
| Total equity and liabilities | 10/49 | €775,268 | €983,606 | +€208,338 | +26.9% |
| Equity | 10/15 | €150,576 | €148,335 | -€2,242 | -1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €156,763 | €128,335 | -€28,429 | -18.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €154,763 | €126,335 | -€28,429 | -18.4% |
| Profit (loss) carried forward | 14 | -€26,187 | - | +€26,187 | |
| Amounts payable | 17/49 | €624,691 | €835,271 | +€210,580 | +33.7% |
| Amounts payable after more than one year | 17 | €534,258 | €621,926 | +€87,668 | +16.4% |
| Financial debts | 170/4 | €534,258 | €621,926 | +€87,668 | +16.4% |
| Amounts payable within one year | 42/48 | €90,434 | €169,744 | +€79,310 | +87.7% |
| Current portion of amounts payable after more than one year | 42 | €41,618 | €43,155 | +€1,537 | +3.7% |
| Trade debts | 44 | €6,856 | €42,712 | +€35,856 | +523.0% |
| Suppliers | 440/4 | €6,856 | €42,712 | +€35,856 | +523.0% |
| Taxes, remuneration and social security | 45 | €12,487 | €25,453 | +€12,966 | +103.8% |
| Taxes | 450/3 | €10,147 | €25,453 | +€15,306 | +150.8% |
| Remuneration and social security | 454/9 | €2,340 | - | -€2,340 | |
| Other amounts payable | 47/48 | €29,472 | €58,424 | +€28,951 | +98.2% |
| Accrued charges and deferred income | 492/3 | - | €43,602 | +€43,602 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,671 | €41,051 | -€41,620 | -50.3% |
| Other operating charges | 640/8 | €1,385 | €1,513 | +€128 | +9.2% |
| Gross operating margin | 9900 | €74,201 | €100,055 | +€25,853 | +34.8% |
| Operating profit (loss) | 9901 | -€9,855 | €57,491 | +€67,345 | |
| Financial income | 75/76B | €2 | €11,197 | +€11,195 | +611773.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -84.7% |
| Non-recurring financial income | 76B | - | €11,197 | +€11,197 | |
| Financial charges | 65/66B | €16,001 | €28,699 | +€12,697 | +79.4% |
| Recurring financial charges | 65 | €16,001 | €28,699 | +€12,697 | +79.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,854 | €39,990 | +€65,844 | |
| Income taxes | 67/77 | €333 | €6,646 | +€6,314 | +1897.5% |
| Profit (loss) for the period | 9904 | -€26,187 | €33,343 | +€59,530 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,187 | €33,343 | +€59,530 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.