SOLID PARTNERS: 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 PARTNERS
Largest movements
- Cash +€10,756
up €10,756 (+40.9%), from €26,277 to €37,033
mainly Net result for the year (+€12,254) and Receivables within one year (+€8,550)
- Receivables within one year -€8,550
down €8,550 (-64.4%), from €13,287 to €4,737
of which Trade receivables: -€11,404
- Tangible fixed assets +€4,348
up €4,348 (+285.2%), from €1,525 to €5,873
of which Furniture and vehicles: +€4,590
- Reserves +€12,254
up €12,254 (+49.0%), from €25,022 to €37,276
- Tax, wage and social debts -€3,920
down €3,920 (-44.8%), from €8,757 to €4,837
- Trade debts -€1,367
down €1,367 (-72.1%), from €1,898 to €530
- Gross operating margin +€6,936
up €6,936 (+52.2%), from €13,285 to €20,221
- Taxes +€4,657
up €4,657 (+3979.7%), from €117 to €4,774
- Financial charges +€999
up €999 (+197.8%), from €505 to €1,504
- Depreciation +€846
up €846 (+125.8%), from €673 to €1,519
- Financial income -€678
down €678 (-98.5%), from €688 to €10
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,089 | €47,643 | +€6,554 | +16.0% |
| Fixed assets | 21/28 | €1,525 | €5,873 | +€4,348 | +285.2% |
| Tangible fixed assets | 22/27 | €1,525 | €5,873 | +€4,348 | +285.2% |
| Plant, machinery and equipment | 23 | €968 | €726 | -€242 | -25.0% |
| Furniture and vehicles | 24 | €557 | €5,147 | +€4,590 | +824.4% |
| Current assets | 29/58 | €39,564 | €41,770 | +€2,206 | +5.6% |
| Amounts receivable within one year | 40/41 | €13,287 | €4,737 | -€8,550 | -64.4% |
| Trade receivables | 40 | €11,404 | €0 | -€11,404 | -100.0% |
| Other amounts receivable | 41 | €1,883 | €4,737 | +€2,854 | +151.6% |
| Cash at bank and in hand | 54/58 | €26,277 | €37,033 | +€10,756 | +40.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €41,089 | €47,643 | +€6,554 | +16.0% |
| Equity | 10/15 | €30,022 | €42,276 | +€12,254 | +40.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,022 | €37,276 | +€12,254 | +49.0% |
| Distributable reserves | 133 | €25,022 | €37,276 | +€12,254 | +49.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €11,067 | €5,367 | -€5,700 | -51.5% |
| Amounts payable within one year | 42/48 | €11,067 | €5,367 | -€5,700 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,898 | €530 | -€1,367 | -72.1% |
| Suppliers | 440/4 | €1,898 | €530 | -€1,367 | -72.1% |
| Taxes, remuneration and social security | 45 | €8,757 | €4,837 | -€3,920 | -44.8% |
| Taxes | 450/3 | €8,757 | €4,837 | -€3,920 | -44.8% |
| Other amounts payable | 47/48 | €412 | €0 | -€412 | -100.0% |
| Non-recurring operating income | 76A | €4,500 | - | -€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €673 | €1,519 | +€846 | +125.8% |
| Other operating charges | 640/8 | €289 | €181 | -€108 | -37.4% |
| Non-recurring operating charges | 66A | €4,331 | - | -€4,331 | |
| Gross operating margin | 9900 | €13,285 | €20,221 | +€6,936 | +52.2% |
| Operating profit (loss) | 9901 | €7,993 | €18,521 | +€10,528 | +131.7% |
| Financial income | 75/76B | €688 | €10 | -€678 | -98.5% |
| Recurring financial income | 75 | €688 | €10 | -€678 | -98.5% |
| Financial charges | 65/66B | €505 | €1,504 | +€999 | +197.8% |
| Recurring financial charges | 65 | €505 | €1,504 | +€999 | +197.8% |
| Profit (loss) for the period before taxes | 9903 | €8,176 | €17,027 | +€8,852 | +108.3% |
| Income taxes | 67/77 | €117 | €4,774 | +€4,657 | +3979.7% |
| Profit (loss) for the period | 9904 | €8,059 | €12,254 | +€4,195 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,059 | €12,254 | +€4,195 | +52.1% |
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 6 October 2026 via checked.be.