SOLID DESIGN AND ENGINEERING: 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 DESIGN AND ENGINEERING
Largest movements
- Cash +€163,985
up €163,985 (+527%), from €31,109 to €195,093
mainly Current investments (+€150,000) and Net result for the year (+€25,715)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Tangible fixed assets -€14,472
down €14,472 (-34.1%), from €42,425 to €27,953
of which Furniture and vehicles: -€14,374
- Receivables after one year -€3,640
down €3,640 (-16.8%), from €21,661 to €18,021
- Reserves -€4,472
down €4,472 (-1.8%), from €250,255 to €245,783
- Current portion of long-term debt -€4,443
no longer reported in 2025 (was €4,443)
- Tax, wage and social debts +€3,059
up €3,059 (+48.9%), from €6,258 to €9,317
of which Taxes: +€4,356
- Gross operating margin -€2,951
down €2,951 (-5.3%), from €55,541 to €52,590
- Financial income +€2,008
up €2,008 (+92.0%), from €2,184 to €4,192
- Depreciation -€823
down €823 (-5.1%), from €16,029 to €15,205
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 | €269,909 | €265,159 | -€4,750 | -1.8% |
| Fixed assets | 21/28 | €42,425 | €27,953 | -€14,472 | -34.1% |
| Tangible fixed assets | 22/27 | €42,425 | €27,953 | -€14,472 | -34.1% |
| Plant, machinery and equipment | 23 | €2,838 | €2,739 | -€99 | -3.5% |
| Furniture and vehicles | 24 | €39,588 | €25,214 | -€14,374 | -36.3% |
| Current assets | 29/58 | €227,483 | €237,205 | +€9,722 | +4.3% |
| Amounts receivable after more than one year | 29 | €21,661 | €18,021 | -€3,640 | -16.8% |
| Other amounts receivable | 291 | €21,661 | €18,021 | -€3,640 | -16.8% |
| Amounts receivable within one year | 40/41 | €23,352 | €23,232 | -€120 | -0.5% |
| Trade receivables | 40 | €23,232 | €23,232 | = | 0.0% |
| Other amounts receivable | 41 | €120 | - | -€120 | |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €31,109 | €195,093 | +€163,985 | +527% |
| Deferred charges and accrued income | 490/1 | €1,362 | €859 | -€503 | -37.0% |
| Total equity and liabilities | 10/49 | €269,909 | €265,159 | -€4,750 | -1.8% |
| Equity | 10/15 | €256,455 | €251,983 | -€4,472 | -1.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €250,255 | €245,783 | -€4,472 | -1.8% |
| Distributable reserves | 133 | €250,255 | €245,783 | -€4,472 | -1.8% |
| Amounts payable | 17/49 | €13,453 | €13,176 | -€278 | -2.1% |
| Amounts payable within one year | 42/48 | €12,353 | €11,926 | -€428 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €4,443 | - | -€4,443 | |
| Trade debts | 44 | €538 | €1,911 | +€1,373 | +255% |
| Suppliers | 440/4 | €538 | €1,911 | +€1,373 | +255% |
| Taxes, remuneration and social security | 45 | €6,258 | €9,317 | +€3,059 | +48.9% |
| Taxes | 450/3 | €3,418 | €7,774 | +€4,356 | +127% |
| Remuneration and social security | 454/9 | €2,840 | €1,543 | -€1,297 | -45.7% |
| Other amounts payable | 47/48 | €1,114 | €698 | -€417 | -37.4% |
| Accrued charges and deferred income | 492/3 | €1,100 | €1,250 | +€150 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,029 | €15,205 | -€823 | -5.1% |
| Other operating charges | 640/8 | €2,250 | €2,254 | +€5 | +0.2% |
| Gross operating margin | 9900 | €55,541 | €52,590 | -€2,951 | -5.3% |
| Operating profit (loss) | 9901 | €37,262 | €35,131 | -€2,132 | -5.7% |
| Financial income | 75/76B | €2,184 | €4,192 | +€2,008 | +92.0% |
| Recurring financial income | 75 | €2,184 | €4,192 | +€2,008 | +92.0% |
| Financial charges | 65/66B | €280 | €463 | +€183 | +65.2% |
| Recurring financial charges | 65 | €280 | €183 | -€97 | -34.8% |
| Non-recurring financial charges | 66B | - | €280 | +€280 | |
| Profit (loss) for the period before taxes | 9903 | €39,165 | €38,859 | -€306 | -0.8% |
| Income taxes | 67/77 | €12,863 | €13,144 | +€281 | +2.2% |
| Profit (loss) for the period | 9904 | €26,303 | €25,715 | -€588 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,303 | €25,715 | -€588 | -2.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.