SOLID-BUILD: 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.
SOLID-BUILD
Largest movements
- Receivables within one year +€63,415
up €63,415 (+155.0%), from €40,916 to €104,330
of which Other amounts receivable: +€48,924
- Cash +€36,630
up €36,630 (+186.1%), from €19,679 to €56,309
mainly Trade debts (+€62,298) and Net result for the year (+€40,748)
- Tangible fixed assets -€10,255
down €10,255 (-52.2%), from €19,656 to €9,401
of which Plant, machinery and equipment: -€6,006
- Trade debts +€62,298
up €62,298 (+240.2%), from €25,936 to €88,234
- Profit (loss) carried forward +€40,748
up €40,748 (+131.8%), from €30,925 to €71,673
- Short-term financial debts -€10,244
no longer reported in 2025 (was €10,244)
- Tax, wage and social debts +€7,151
up €7,151 (+37.1%), from €19,283 to €26,434
of which Remuneration and social security: +€4,659
- Other debts -€6,953
no longer reported in 2025 (was €6,953)
- Gross operating margin +€33,694
up €33,694 (+28.1%), from €120,058 to €153,752
- Taxes +€17,137
up €17,137 (+273.6%), from €6,263 to €23,401
- Staff costs -€14,480
down €14,480 (-17.4%), from €83,323 to €68,843
- Other operating charges +€2,219
up €2,219 (+142.3%), from €1,559 to €3,778
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 | €102,860 | €191,020 | +€88,160 | +85.7% |
| Fixed assets | 21/28 | €19,806 | €9,551 | -€10,255 | -51.8% |
| Tangible fixed assets | 22/27 | €19,656 | €9,401 | -€10,255 | -52.2% |
| Plant, machinery and equipment | 23 | €15,406 | €9,401 | -€6,006 | -39.0% |
| Furniture and vehicles | 24 | €2,661 | - | -€2,661 | |
| Other tangible fixed assets | 26 | €1,588 | - | -€1,588 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €83,054 | €181,469 | +€98,415 | +118.5% |
| Stocks and contracts in progress | 3 | €15,368 | €15,368 | = | 0.0% |
| Stocks | 30/36 | €15,368 | €15,368 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,916 | €104,330 | +€63,415 | +155.0% |
| Trade receivables | 40 | €9,369 | €23,859 | +€14,491 | +154.7% |
| Other amounts receivable | 41 | €31,547 | €80,471 | +€48,924 | +155.1% |
| Cash at bank and in hand | 54/58 | €19,679 | €56,309 | +€36,630 | +186.1% |
| Deferred charges and accrued income | 490/1 | €7,091 | €5,462 | -€1,629 | -23.0% |
| Total equity and liabilities | 10/49 | €102,860 | €191,020 | +€88,160 | +85.7% |
| Equity | 10/15 | €30,925 | €71,673 | +€40,748 | +131.8% |
| Profit (loss) carried forward | 14 | €30,925 | €71,673 | +€40,748 | +131.8% |
| Amounts payable | 17/49 | €71,935 | €119,347 | +€47,412 | +65.9% |
| Amounts payable after more than one year | 17 | €4,679 | - | -€4,679 | |
| Financial debts | 170/4 | €4,679 | - | -€4,679 | |
| Amounts payable within one year | 42/48 | €67,257 | €119,347 | +€52,090 | +77.5% |
| Current portion of amounts payable after more than one year | 42 | €4,840 | €4,679 | -€161 | -3.3% |
| Financial debts | 43 | €10,244 | - | -€10,244 | |
| Credit institutions | 430/8 | €10,244 | - | -€10,244 | |
| Trade debts | 44 | €25,936 | €88,234 | +€62,298 | +240.2% |
| Suppliers | 440/4 | €25,936 | €88,234 | +€62,298 | +240.2% |
| Taxes, remuneration and social security | 45 | €19,283 | €26,434 | +€7,151 | +37.1% |
| Taxes | 450/3 | €16,447 | €18,940 | +€2,493 | +15.2% |
| Remuneration and social security | 454/9 | €2,836 | €7,495 | +€4,659 | +164.3% |
| Other amounts payable | 47/48 | €6,953 | - | -€6,953 | |
| Remuneration, social security and pensions | 62 | €83,323 | €68,843 | -€14,480 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,412 | €14,077 | -€335 | -2.3% |
| Other operating charges | 640/8 | €1,559 | €3,778 | +€2,219 | +142.3% |
| Non-recurring operating charges | 66A | €6,187 | - | -€6,187 | |
| Gross operating margin | 9900 | €120,058 | €153,752 | +€33,694 | +28.1% |
| Operating profit (loss) | 9901 | €14,576 | €67,054 | +€52,477 | +360.0% |
| Financial income | 75/76B | €1 | €12 | +€11 | +998.2% |
| Recurring financial income | 75 | €1 | €12 | +€11 | +998.2% |
| Financial charges | 65/66B | €1,491 | €2,917 | +€1,426 | +95.7% |
| Recurring financial charges | 65 | €1,491 | €2,917 | +€1,426 | +95.7% |
| Profit (loss) for the period before taxes | 9903 | €13,087 | €64,149 | +€51,062 | +390.2% |
| Income taxes | 67/77 | €6,263 | €23,401 | +€17,137 | +273.6% |
| Profit (loss) for the period | 9904 | €6,824 | €40,748 | +€33,924 | +497.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,824 | €40,748 | +€33,924 | +497.2% |
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 8 October 2026 via checked.be.