SOLID SOIL: 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 SOIL
Largest movements
- Tangible fixed assets +€90,332
up €90,332 (+350.4%), from €25,781 to €116,113
of which Land and buildings: +€84,150
- Cash -€39,602
down €39,602 (-62.8%), from €63,014 to €23,412
mainly Investment in fixed assets (net) (-€100,166) and Other debts (-€26,082)
- Deferred charges and accrued income +€8,500
new in 2025: €8,500
- Debts after one year +€68,379
new in 2025: €68,379
- Other debts -€26,082
down €26,082 (-50.6%), from €51,527 to €25,445
- Trade debts +€13,910
up €13,910 (+105.4%), from €13,202 to €27,112
- Reserves +€3,096
up €3,096 (+18.8%), from €16,443 to €19,538
- Gross operating margin -€48,618
down €48,618 (-63.0%), from €77,214 to €28,596
- Other operating charges +€7,988
up €7,988 (+193.5%), from €4,128 to €12,115
- Depreciation -€3,827
down €3,827 (-28.0%), from €13,660 to €9,833
- Taxes -€3,294
down €3,294 (-75.0%), from €4,392 to €1,099
- Financial charges +€2,140
up €2,140 (+683.0%), from €313 to €2,453
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 | €100,867 | €160,821 | +€59,954 | +59.4% |
| Fixed assets | 21/28 | €25,781 | €116,113 | +€90,332 | +350.4% |
| Tangible fixed assets | 22/27 | €25,781 | €116,113 | +€90,332 | +350.4% |
| Land and buildings | 22 | - | €84,150 | +€84,150 | |
| Plant, machinery and equipment | 23 | €22,452 | €29,857 | +€7,405 | +33.0% |
| Furniture and vehicles | 24 | €2,711 | €1,828 | -€883 | -32.6% |
| Other tangible fixed assets | 26 | €617 | €278 | -€340 | -55.0% |
| Current assets | 29/58 | €75,086 | €44,708 | -€30,379 | -40.5% |
| Amounts receivable within one year | 40/41 | €12,073 | €12,796 | +€723 | +6.0% |
| Trade receivables | 40 | €8,716 | €5,220 | -€3,496 | -40.1% |
| Other amounts receivable | 41 | €3,356 | €7,576 | +€4,219 | +125.7% |
| Cash at bank and in hand | 54/58 | €63,014 | €23,412 | -€39,602 | -62.8% |
| Deferred charges and accrued income | 490/1 | - | €8,500 | +€8,500 | |
| Total equity and liabilities | 10/49 | €100,867 | €160,821 | +€59,954 | +59.4% |
| Equity | 10/15 | €22,643 | €25,738 | +€3,096 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,443 | €19,538 | +€3,096 | +18.8% |
| Distributable reserves | 133 | €16,443 | €19,538 | +€3,096 | +18.8% |
| Amounts payable | 17/49 | €78,224 | €135,082 | +€56,858 | +72.7% |
| Amounts payable after more than one year | 17 | - | €68,379 | +€68,379 | |
| Financial debts | 170/4 | - | €68,379 | +€68,379 | |
| Amounts payable within one year | 42/48 | €78,224 | €66,703 | -€11,521 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €9,103 | €9,444 | +€342 | +3.8% |
| Trade debts | 44 | €13,202 | €27,112 | +€13,910 | +105.4% |
| Suppliers | 440/4 | €13,202 | €27,112 | +€13,910 | +105.4% |
| Taxes, remuneration and social security | 45 | €4,392 | €4,702 | +€310 | +7.0% |
| Taxes | 450/3 | €4,392 | €4,702 | +€310 | +7.0% |
| Other amounts payable | 47/48 | €51,527 | €25,445 | -€26,082 | -50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,660 | €9,833 | -€3,827 | -28.0% |
| Other operating charges | 640/8 | €4,128 | €12,115 | +€7,988 | +193.5% |
| Gross operating margin | 9900 | €77,214 | €28,596 | -€48,618 | -63.0% |
| Operating profit (loss) | 9901 | €59,426 | €6,647 | -€52,779 | -88.8% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €313 | €2,453 | +€2,140 | +683.0% |
| Recurring financial charges | 65 | €313 | €2,453 | +€2,140 | +683.0% |
| Profit (loss) for the period before taxes | 9903 | €59,132 | €4,194 | -€54,938 | -92.9% |
| Income taxes | 67/77 | €4,392 | €1,099 | -€3,294 | -75.0% |
| Profit (loss) for the period | 9904 | €54,740 | €3,096 | -€51,645 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,740 | €3,096 | -€51,645 | -94.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.