Solid Oak: 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 Oak
Largest movements
- Tangible fixed assets +€155,696
up €155,696 (+247%), from €63,018 to €218,714
of which Land and buildings: +€169,542
- Cash +€5,965
up €5,965 (+32.2%), from €18,524 to €24,489
mainly Debts after one year (+€124,515) and Net result for the year (+€49,757)
- Debts after one year +€124,515
new in 2025: €124,515
- Reserves +€49,757
up €49,757 (+249%), from €19,979 to €69,736
- Other debts -€29,705
down €29,705 (-56.1%), from €52,914 to €23,209
- Current portion of long-term debt +€11,485
new in 2025: €11,485
- Tax, wage and social debts +€7,199
up €7,199 (+170%), from €4,228 to €11,427
of which Taxes: +€4,920
- Gross operating margin +€70,702
up €70,702 (+208%), from €34,004 to €104,705
- Other operating charges +€24,523
up €24,523 (+8,947%), from €274 to €24,797
- Depreciation +€8,016
up €8,016 (+133%), from €6,042 to €14,058
- Taxes +€7,897
up €7,897 (+140%), from €5,644 to €13,541
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 | €97,478 | €261,735 | +€164,257 | +169% |
| Fixed assets | 21/28 | €63,018 | €218,714 | +€155,696 | +247% |
| Tangible fixed assets | 22/27 | €63,018 | €218,714 | +€155,696 | +247% |
| Land and buildings | 22 | - | €169,542 | +€169,542 | |
| Plant, machinery and equipment | 23 | €11,143 | €8,668 | -€2,475 | -22.2% |
| Furniture and vehicles | 24 | €51,875 | €40,503 | -€11,372 | -21.9% |
| Current assets | 29/58 | €34,460 | €43,020 | +€8,561 | +24.8% |
| Amounts receivable within one year | 40/41 | €14,155 | €16,678 | +€2,523 | +17.8% |
| Trade receivables | 40 | €14,155 | €15,219 | +€1,064 | +7.5% |
| Other amounts receivable | 41 | - | €1,459 | +€1,459 | |
| Cash at bank and in hand | 54/58 | €18,524 | €24,489 | +€5,965 | +32.2% |
| Deferred charges and accrued income | 490/1 | €1,781 | €1,853 | +€72 | +4.0% |
| Total equity and liabilities | 10/49 | €97,478 | €261,735 | +€164,257 | +169% |
| Equity | 10/15 | €39,979 | €89,736 | +€49,757 | +124% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €19,979 | €69,736 | +€49,757 | +249% |
| Distributable reserves | 133 | €19,979 | €69,736 | +€49,757 | +249% |
| Amounts payable | 17/49 | €57,499 | €171,999 | +€114,500 | +199% |
| Amounts payable after more than one year | 17 | - | €124,515 | +€124,515 | |
| Financial debts | 170/4 | - | €124,515 | +€124,515 | |
| Amounts payable within one year | 42/48 | €57,499 | €47,484 | -€10,015 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | - | €11,485 | +€11,485 | |
| Trade debts | 44 | €357 | €1,362 | +€1,005 | +282% |
| Suppliers | 440/4 | €357 | €1,362 | +€1,005 | +282% |
| Taxes, remuneration and social security | 45 | €4,228 | €11,427 | +€7,199 | +170% |
| Taxes | 450/3 | €4,228 | €9,148 | +€4,920 | +116% |
| Remuneration and social security | 454/9 | - | €2,279 | +€2,279 | |
| Other amounts payable | 47/48 | €52,914 | €23,209 | -€29,705 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,042 | €14,058 | +€8,016 | +133% |
| Other operating charges | 640/8 | €274 | €24,797 | +€24,523 | +8,947% |
| Gross operating margin | 9900 | €34,004 | €104,705 | +€70,702 | +208% |
| Operating profit (loss) | 9901 | €27,688 | €65,850 | +€38,163 | +138% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,065 | €2,552 | +€487 | +23.6% |
| Recurring financial charges | 65 | €2,065 | €2,552 | +€487 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €25,623 | €63,298 | +€37,675 | +147% |
| Income taxes | 67/77 | €5,644 | €13,541 | +€7,897 | +140% |
| Profit (loss) for the period | 9904 | €19,979 | €49,757 | +€29,778 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €19,979 | €49,757 | +€29,778 | +149% |
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 25 October 2026 via checked.be.