SOLID INVESTER: 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 INVESTER
Largest movements
- Receivables within one year -€248,522
down €248,522 (-75.5%), from €329,200 to €80,678
- Receivables after one year -€30,500
no longer reported in 2024 (was €30,500)
- Tangible fixed assets -€21,932
down €21,932 (-7.8%), from €282,866 to €260,934
of which Land and buildings: -€21,932
- Other debts -€302,521
down €302,521 (-73.3%), from €412,521 to €110,000
- Debts after one year -€41,787
down €41,787 (-29.3%), from €142,418 to €100,632
- Profit (loss) carried forward +€39,665
up €39,665 (+80.2%), from -€49,443 to -€9,778
- Accrued charges and deferred income +€9,250
up €9,250 (+11.4%), from €81,078 to €90,328
- Financial charges -€53,578
down €53,578 (-79.4%), from €67,481 to €13,903
- Depreciation -€11,250
down €11,250 (-33.9%), from €33,182 to €21,932
- Taxes -€7,792
no longer reported in 2024 (was €7,792)
- Gross operating margin +€922
up €922 (+1.2%), from €76,294 to €77,216
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €666,574 | €366,408 | -€300,166 | -45.0% |
| Fixed assets | 21/28 | €282,866 | €260,934 | -€21,932 | -7.8% |
| Tangible fixed assets | 22/27 | €282,866 | €260,934 | -€21,932 | -7.8% |
| Land and buildings | 22 | €282,866 | €260,934 | -€21,932 | -7.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €383,708 | €105,474 | -€278,234 | -72.5% |
| Amounts receivable after more than one year | 29 | €30,500 | - | -€30,500 | |
| Other amounts receivable | 291 | €30,500 | - | -€30,500 | |
| Amounts receivable within one year | 40/41 | €329,200 | €80,678 | -€248,522 | -75.5% |
| Other amounts receivable | 41 | €329,200 | €80,678 | -€248,522 | -75.5% |
| Deferred charges and accrued income | 490/1 | €24,008 | €24,796 | +€788 | +3.3% |
| Total equity and liabilities | 10/49 | €666,574 | €366,408 | -€300,166 | -45.0% |
| Equity | 10/15 | -€29,443 | €10,222 | +€39,665 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,443 | -€9,778 | +€39,665 | +80.2% |
| Amounts payable | 17/49 | €696,017 | €356,186 | -€339,830 | -48.8% |
| Amounts payable after more than one year | 17 | €142,418 | €100,632 | -€41,787 | -29.3% |
| Financial debts | 170/4 | €142,418 | €100,632 | -€41,787 | -29.3% |
| Amounts payable within one year | 42/48 | €472,520 | €165,227 | -€307,294 | -65.0% |
| Current portion of amounts payable after more than one year | 42 | €51,867 | €50,028 | -€1,839 | -3.5% |
| Financial debts | 43 | €2,182 | €4,007 | +€1,825 | +83.6% |
| Credit institutions | 430/8 | €2,182 | €4,007 | +€1,825 | +83.6% |
| Trade debts | 44 | €5,950 | €1,192 | -€4,758 | -80.0% |
| Suppliers | 440/4 | €5,950 | €1,192 | -€4,758 | -80.0% |
| Other amounts payable | 47/48 | €412,521 | €110,000 | -€302,521 | -73.3% |
| Accrued charges and deferred income | 492/3 | €81,078 | €90,328 | +€9,250 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,182 | €21,932 | -€11,250 | -33.9% |
| Other operating charges | 640/8 | €977 | €1,717 | +€741 | +75.8% |
| Gross operating margin | 9900 | €76,294 | €77,216 | +€922 | +1.2% |
| Operating profit (loss) | 9901 | €42,136 | €53,568 | +€11,432 | +27.1% |
| Financial charges | 65/66B | €67,481 | €13,903 | -€53,578 | -79.4% |
| Recurring financial charges | 65 | €67,481 | €13,903 | -€53,578 | -79.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,345 | €39,665 | +€65,010 | |
| Income taxes | 67/77 | €7,792 | - | -€7,792 | |
| Profit (loss) for the period | 9904 | -€33,137 | €39,665 | +€72,802 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,137 | €39,665 | +€72,802 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.