Solid Maintenance: 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 Maintenance
Largest movements
- Tangible fixed assets +€548,051
up €548,051 (+80.3%), from €682,536 to €1.2m
of which Land and buildings: +€419,978
- Receivables within one year +€133,645
up €133,645 (+100.8%), from €132,527 to €266,172
of which Trade receivables: +€141,675
- Cash +€108,975
up €108,975 (+99.2%), from €109,804 to €218,779
mainly Debts after one year (+€435,584) and Net result for the year (+€160,955)
- Debts after one year +€435,584
up €435,584 (+130.9%), from €332,650 to €768,235
- Reserves +€160,955
up €160,955 (+36.7%), from €438,707 to €599,662
of which Distributable reserves: +€160,955
- Tax, wage and social debts +€54,291
up €54,291 (+322.3%), from €16,847 to €71,138
of which Taxes: +€47,006
- Current portion of long-term debt +€50,114
up €50,114 (+82.8%), from €60,513 to €110,626
- Short-term financial debts +€50,000
up €50,000, from €0 to €50,000
of which Credit institutions: +€50,000
- Gross operating margin +€296,335
up €296,335 (+85.6%), from €345,986 to €642,321
- Staff costs +€85,355
up €85,355 (+38.1%), from €223,946 to €309,300
- Taxes +€49,480
up €49,480 (+303.2%), from €16,321 to €65,800
- Depreciation +€19,708
up €19,708 (+35.5%), from €55,452 to €75,160
- Financial charges +€13,092
up €13,092 (+97.2%), from €13,472 to €26,564
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 | €941,825 | €1,734,032 | +€792,207 | +84.1% |
| Fixed assets | 21/28 | €682,536 | €1,230,587 | +€548,051 | +80.3% |
| Tangible fixed assets | 22/27 | €682,536 | €1,230,587 | +€548,051 | +80.3% |
| Land and buildings | 22 | €571,316 | €991,294 | +€419,978 | +73.5% |
| Plant, machinery and equipment | 23 | €27,119 | €19,748 | -€7,371 | -27.2% |
| Furniture and vehicles | 24 | €7,949 | €5,014 | -€2,934 | -36.9% |
| Leasing and similar rights | 25 | €76,152 | €214,530 | +€138,378 | +181.7% |
| Current assets | 29/58 | €259,289 | €503,445 | +€244,156 | +94.2% |
| Stocks and contracts in progress | 3 | €1,952 | €439 | -€1,513 | -77.5% |
| Stocks | 30/36 | €1,952 | €439 | -€1,513 | -77.5% |
| Amounts receivable within one year | 40/41 | €132,527 | €266,172 | +€133,645 | +100.8% |
| Trade receivables | 40 | €123,494 | €265,169 | +€141,675 | +114.7% |
| Other amounts receivable | 41 | €9,033 | €1,003 | -€8,030 | -88.9% |
| Cash at bank and in hand | 54/58 | €109,804 | €218,779 | +€108,975 | +99.2% |
| Deferred charges and accrued income | 490/1 | €15,006 | €18,055 | +€3,049 | +20.3% |
| Total equity and liabilities | 10/49 | €941,825 | €1,734,032 | +€792,207 | +84.1% |
| Equity | 10/15 | €457,307 | €618,262 | +€160,955 | +35.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €438,707 | €599,662 | +€160,955 | +36.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €396,607 | €557,562 | +€160,955 | +40.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €484,518 | €1,115,770 | +€631,253 | +130.3% |
| Amounts payable after more than one year | 17 | €332,650 | €768,235 | +€435,584 | +130.9% |
| Financial debts | 170/4 | €332,650 | €768,235 | +€435,584 | +130.9% |
| Amounts payable within one year | 42/48 | €150,786 | €345,007 | +€194,221 | +128.8% |
| Current portion of amounts payable after more than one year | 42 | €60,513 | €110,626 | +€50,114 | +82.8% |
| Financial debts | 43 | €0 | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €52,408 | €87,879 | +€35,471 | +67.7% |
| Suppliers | 440/4 | €52,408 | €87,879 | +€35,471 | +67.7% |
| Taxes, remuneration and social security | 45 | €16,847 | €71,138 | +€54,291 | +322.3% |
| Taxes | 450/3 | €4,449 | €51,455 | +€47,006 | +1056.7% |
| Remuneration and social security | 454/9 | €12,398 | €19,683 | +€7,284 | +58.8% |
| Other amounts payable | 47/48 | €21,019 | €25,364 | +€4,345 | +20.7% |
| Accrued charges and deferred income | 492/3 | €1,081 | €2,529 | +€1,448 | +133.9% |
| Non-recurring operating income | 76A | €0 | €8,127 | +€8,127 | |
| Remuneration, social security and pensions | 62 | €223,946 | €309,300 | +€85,355 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,452 | €75,160 | +€19,708 | +35.5% |
| Other operating charges | 640/8 | €3,849 | €5,657 | +€1,807 | +47.0% |
| Non-recurring operating charges | 66A | €250 | €0 | -€250 | -100.0% |
| Gross operating margin | 9900 | €345,986 | €642,321 | +€296,335 | +85.6% |
| Operating profit (loss) | 9901 | €62,489 | €252,205 | +€189,715 | +303.6% |
| Financial income | 75/76B | €154 | €1,114 | +€961 | +625.0% |
| Recurring financial income | 75 | €154 | €1,114 | +€961 | +625.0% |
| Financial charges | 65/66B | €13,472 | €26,564 | +€13,092 | +97.2% |
| Recurring financial charges | 65 | €13,472 | €26,564 | +€13,092 | +97.2% |
| Profit (loss) for the period before taxes | 9903 | €49,171 | €226,755 | +€177,584 | +361.2% |
| Income taxes | 67/77 | €16,321 | €65,800 | +€49,480 | +303.2% |
| Profit (loss) for the period | 9904 | €32,850 | €160,955 | +€128,104 | +390.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €32,850 | €160,955 | +€128,104 | +390.0% |
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 9 October 2026 via checked.be.