SOLID: 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.
SOLID
Largest movements
- Tangible fixed assets -€18,796
down €18,796 (-3.3%), from €568,401 to €549,604
of which Land and buildings: -€19,965
- Debts after one year -€26,667
down €26,667 (-16.2%), from €164,444 to €137,777
- Gross operating margin +€6,819
up €6,819 (+29.1%), from €23,444 to €30,263
- Purchases and services +€5,885
up €5,885 (+27.8%), from €21,172 to €27,058
- Financial charges +€2,530
new in 2025: €2,530
- Taxes +€1,436
up €1,436, from -€530 to €905
- Other operating charges +€645
up €645 (+15.1%), from €4,268 to €4,914
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 | €667,515 | €650,559 | -€16,955 | -2.5% |
| Fixed assets | 21/28 | €568,895 | €550,099 | -€18,796 | -3.3% |
| Tangible fixed assets | 22/27 | €568,401 | €549,604 | -€18,796 | -3.3% |
| Land and buildings | 22 | €567,760 | €547,795 | -€19,965 | -3.5% |
| Plant, machinery and equipment | 23 | €641 | €810 | +€169 | +26.3% |
| Furniture and vehicles | 24 | - | €999 | +€999 | |
| Financial fixed assets | 28 | €494 | €494 | = | 0.0% |
| Current assets | 29/58 | €98,620 | €100,461 | +€1,841 | +1.9% |
| Amounts receivable within one year | 40/41 | €12,144 | €12,433 | +€289 | +2.4% |
| Trade receivables | 40 | €1,836 | €2,384 | +€548 | +29.8% |
| Other amounts receivable | 41 | €10,308 | €10,049 | -€259 | -2.5% |
| Cash at bank and in hand | 54/58 | €85,286 | €86,499 | +€1,213 | +1.4% |
| Deferred charges and accrued income | 490/1 | €1,190 | €1,530 | +€339 | +28.5% |
| Total equity and liabilities | 10/49 | €667,515 | €650,559 | -€16,955 | -2.5% |
| Equity | 10/15 | €465,673 | €467,612 | +€1,939 | +0.4% |
| Reserves | 13 | €27,116 | €27,116 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,616 | €24,616 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,616 | €24,616 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €438,557 | €440,496 | +€1,939 | +0.4% |
| Amounts payable | 17/49 | €201,841 | €182,947 | -€18,894 | -9.4% |
| Amounts payable after more than one year | 17 | €164,444 | €137,777 | -€26,667 | -16.2% |
| Financial debts | 170/4 | €164,444 | €137,777 | -€26,667 | -16.2% |
| Amounts payable within one year | 42/48 | €36,815 | €43,424 | +€6,609 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €26,667 | €26,667 | +€0 | 0.0% |
| Trade debts | 44 | €690 | €2,059 | +€1,369 | +198.2% |
| Suppliers | 440/4 | €690 | €2,059 | +€1,369 | +198.2% |
| Other amounts payable | 47/48 | €9,458 | €14,698 | +€5,240 | +55.4% |
| Accrued charges and deferred income | 492/3 | €583 | €1,746 | +€1,163 | +199.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,172 | €27,058 | +€5,885 | +27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,217 | €20,478 | +€261 | +1.3% |
| Other operating charges | 640/8 | €4,268 | €4,914 | +€645 | +15.1% |
| Gross operating margin | 9900 | €23,444 | €30,263 | +€6,819 | +29.1% |
| Operating profit (loss) | 9901 | -€1,042 | €4,871 | +€5,913 | |
| Financial income | 75/76B | - | €503 | +€503 | |
| Recurring financial income | 75 | - | €503 | +€503 | |
| Financial charges | 65/66B | - | €2,530 | +€2,530 | |
| Recurring financial charges | 65 | - | €2,530 | +€2,530 | |
| Profit (loss) for the period before taxes | 9903 | -€1,042 | €2,844 | +€3,886 | |
| Income taxes | 67/77 | -€530 | €905 | +€1,436 | |
| Profit (loss) for the period | 9904 | -€511 | €1,939 | +€2,450 | |
| Profit (loss) for the period to be appropriated | 9905 | -€511 | €1,939 | +€2,450 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.