SOLID INDUSTRIE PELT: 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 INDUSTRIE PELT
Largest movements
- Tangible fixed assets -€79,320
down €79,320 (-5.0%), from €1.6m to €1.5m
of which Land and buildings: -€79,229
- Cash -€54,947
down €54,947 (-90.5%), from €60,689 to €5,742
mainly Debts after one year (-€99,996) and Trade debts (-€42,715)
- Receivables within one year +€41,460
up €41,460 (+71.9%), from €57,647 to €99,107
of which Trade receivables: +€41,460
- Debts after one year -€99,996
down €99,996 (-11.4%), from €875,025 to €775,029
- Reserves +€44,001
up €44,001 (+84.8%), from €51,906 to €95,907
- Trade debts -€42,715
down €42,715 (-99.9%), from €42,751 to €36
- Gross operating margin +€42,362
up €42,362 (+27.8%), from €152,368 to €194,730
- Taxes +€10,700
up €10,700 (+270%), from €3,967 to €14,667
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 | €1,704,419 | €1,611,783 | -€92,636 | -5.4% |
| Fixed assets | 21/28 | €1,579,718 | €1,500,398 | -€79,320 | -5.0% |
| Tangible fixed assets | 22/27 | €1,579,568 | €1,500,248 | -€79,320 | -5.0% |
| Land and buildings | 22 | €1,579,386 | €1,500,157 | -€79,229 | -5.0% |
| Plant, machinery and equipment | 23 | €182 | €91 | -€91 | -50.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €124,701 | €111,385 | -€13,316 | -10.7% |
| Amounts receivable within one year | 40/41 | €57,647 | €99,107 | +€41,460 | +71.9% |
| Trade receivables | 40 | €57,617 | €99,077 | +€41,460 | +72.0% |
| Other amounts receivable | 41 | €30 | €30 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,689 | €5,742 | -€54,947 | -90.5% |
| Deferred charges and accrued income | 490/1 | €6,365 | €6,536 | +€171 | +2.7% |
| Total equity and liabilities | 10/49 | €1,704,419 | €1,611,783 | -€92,636 | -5.4% |
| Equity | 10/15 | €551,906 | €595,907 | +€44,001 | +8.0% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €51,906 | €95,907 | +€44,001 | +84.8% |
| Distributable reserves | 133 | €51,906 | €95,907 | +€44,001 | +84.8% |
| Amounts payable | 17/49 | €1,152,513 | €1,015,876 | -€136,637 | -11.9% |
| Amounts payable after more than one year | 17 | €875,025 | €775,029 | -€99,996 | -11.4% |
| Financial debts | 170/4 | €875,025 | €775,029 | -€99,996 | -11.4% |
| Amounts payable within one year | 42/48 | €213,742 | €181,340 | -€32,403 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €99,996 | €99,996 | = | 0.0% |
| Trade debts | 44 | €42,751 | €36 | -€42,715 | -99.9% |
| Suppliers | 440/4 | €42,751 | €36 | -€42,715 | -99.9% |
| Taxes, remuneration and social security | 45 | €10,995 | €11,307 | +€312 | +2.8% |
| Taxes | 450/3 | €10,995 | €11,307 | +€312 | +2.8% |
| Other amounts payable | 47/48 | €60,000 | €70,000 | +€10,000 | +16.7% |
| Accrued charges and deferred income | 492/3 | €63,746 | €59,508 | -€4,238 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,320 | €79,320 | -€0 | 0.0% |
| Other operating charges | 640/8 | €41,599 | €42,847 | +€1,247 | +3.0% |
| Gross operating margin | 9900 | €152,368 | €194,730 | +€42,362 | +27.8% |
| Operating profit (loss) | 9901 | €31,449 | €72,564 | +€41,115 | +131% |
| Financial charges | 65/66B | €15,582 | €13,895 | -€1,687 | -10.8% |
| Recurring financial charges | 65 | €15,582 | €13,895 | -€1,687 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €15,867 | €58,668 | +€42,802 | +270% |
| Income taxes | 67/77 | €3,967 | €14,667 | +€10,700 | +270% |
| Profit (loss) for the period | 9904 | €11,900 | €44,001 | +€32,101 | +270% |
| Profit (loss) for the period to be appropriated | 9905 | €11,900 | €44,001 | +€32,101 | +270% |
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 15 October 2026 via checked.be.