SOLID-BXL: 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-BXL
Largest movements
- Receivables within one year +€55,064
up €55,064 (+70.5%), from €78,107 to €133,171
of which Trade receivables: +€55,948
- Tangible fixed assets -€24,756
down €24,756 (-5.7%), from €436,903 to €412,147
of which Land and buildings: -€18,513
- Other debts +€53,896
up €53,896 (+217%), from €24,846 to €78,743
- Debts after one year -€34,972
down €34,972 (-9.6%), from €364,074 to €329,101
of which Financial debts: -€34,972
- Profit (loss) carried forward +€19,632
up €19,632 (+25.3%), from €77,551 to €97,183
- Gross operating margin +€31,812
up €31,812 (+85.2%), from €37,343 to €69,154
- Depreciation -€6,664
down €6,664 (-23.9%), from €27,876 to €21,211
- Taxes +€3,790
up €3,790 (+102%), from €3,707 to €7,497
- Financial charges -€1,441
down €1,441 (-10.3%), from €13,996 to €12,555
- Other operating charges -€1,322
down €1,322 (-21.9%), from €6,037 to €4,715
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 | €529,781 | €558,566 | +€28,785 | +5.4% |
| Fixed assets | 21/28 | €436,903 | €412,147 | -€24,756 | -5.7% |
| Tangible fixed assets | 22/27 | €436,903 | €412,147 | -€24,756 | -5.7% |
| Land and buildings | 22 | €391,789 | €373,276 | -€18,513 | -4.7% |
| Plant, machinery and equipment | 23 | €4,066 | €2,711 | -€1,355 | -33.3% |
| Furniture and vehicles | 24 | €3,613 | - | -€3,613 | |
| Other tangible fixed assets | 26 | €37,435 | €36,160 | -€1,275 | -3.4% |
| Current assets | 29/58 | €92,878 | €146,420 | +€53,541 | +57.6% |
| Amounts receivable within one year | 40/41 | €78,107 | €133,171 | +€55,064 | +70.5% |
| Trade receivables | 40 | €62,416 | €118,364 | +€55,948 | +89.6% |
| Other amounts receivable | 41 | €15,690 | €14,806 | -€884 | -5.6% |
| Cash at bank and in hand | 54/58 | €14,220 | €12,210 | -€2,010 | -14.1% |
| Deferred charges and accrued income | 490/1 | €552 | €1,039 | +€487 | +88.3% |
| Total equity and liabilities | 10/49 | €529,781 | €558,566 | +€28,785 | +5.4% |
| Equity | 10/15 | €85,606 | €105,238 | +€19,632 | +22.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,551 | €97,183 | +€19,632 | +25.3% |
| Amounts payable | 17/49 | €444,175 | €453,328 | +€9,153 | +2.1% |
| Amounts payable after more than one year | 17 | €364,074 | €329,101 | -€34,972 | -9.6% |
| Financial debts | 170/4 | €362,949 | €327,976 | -€34,972 | -9.6% |
| Other amounts payable | 178/9 | €1,125 | €1,125 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,102 | €124,227 | +€44,126 | +55.1% |
| Current portion of amounts payable after more than one year | 42 | €34,146 | €34,972 | +€827 | +2.4% |
| Trade debts | 44 | €8,513 | €3,016 | -€5,497 | -64.6% |
| Suppliers | 440/4 | €8,513 | €3,016 | -€5,497 | -64.6% |
| Taxes, remuneration and social security | 45 | €12,596 | €7,497 | -€5,100 | -40.5% |
| Taxes | 450/3 | €12,596 | €7,497 | -€5,100 | -40.5% |
| Other amounts payable | 47/48 | €24,846 | €78,743 | +€53,896 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,876 | €21,211 | -€6,664 | -23.9% |
| Other operating charges | 640/8 | €6,037 | €4,715 | -€1,322 | -21.9% |
| Non-recurring operating charges | 66A | - | €3,545 | +€3,545 | |
| Gross operating margin | 9900 | €37,343 | €69,154 | +€31,812 | +85.2% |
| Operating profit (loss) | 9901 | €3,430 | €39,683 | +€36,253 | +1,057% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €13,996 | €12,555 | -€1,441 | -10.3% |
| Recurring financial charges | 65 | €13,996 | €12,555 | -€1,441 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,545 | €27,128 | +€37,674 | |
| Income taxes | 67/77 | €3,707 | €7,497 | +€3,790 | +102% |
| Profit (loss) for the period | 9904 | -€14,252 | €19,632 | +€33,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,252 | €19,632 | +€33,884 |
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 16 October 2026 via checked.be.