Solid Solutions: 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 Solutions
Largest movements
- Cash +€163,074
up €163,074 (+112.8%), from €144,591 to €307,666
mainly Other debts (+€119,527) and Net result for the year (+€71,660)
- Current investments -€50,000
down €50,000 (-30.7%), from €162,647 to €112,647
- Tangible fixed assets -€31,794
down €31,794 (-22.9%), from €138,681 to €106,887
of which Furniture and vehicles: -€22,071
- Receivables within one year -€20,027
down €20,027 (-36.3%), from €55,162 to €35,135
- Other debts +€119,527
up €119,527 (+287.2%), from €41,619 to €161,146
- Reserves -€55,000
down €55,000 (-23.2%), from €236,860 to €181,860
- Debts after one year -€14,164
down €14,164 (-19.4%), from €73,082 to €58,918
- Trade debts +€6,490
up €6,490 (+100.7%), from €6,445 to €12,935
- Gross operating margin +€11,346
up €11,346 (+9.3%), from €122,166 to €133,512
- Depreciation +€1,915
up €1,915 (+5.7%), from €33,673 to €35,588
- Taxes +€1,894
up €1,894 (+7.7%), from €24,479 to €26,373
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 | €510,425 | €571,855 | +€61,430 | +12.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €138,681 | €106,887 | -€31,794 | -22.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €138,681 | €106,887 | -€31,794 | -22.9% |
| Land and buildings | 22 | €76,952 | €68,147 | -€8,805 | -11.4% |
| Plant, machinery and equipment | 23 | €8,740 | €7,822 | -€918 | -10.5% |
| Furniture and vehicles | 24 | €52,989 | €30,918 | -€22,071 | -41.7% |
| Current assets | 29/58 | €371,744 | €464,968 | +€93,225 | +25.1% |
| Stocks and contracts in progress | 3 | €3,455 | €3,872 | +€418 | +12.1% |
| Stocks | 30/36 | €3,455 | €3,872 | +€418 | +12.1% |
| Amounts receivable within one year | 40/41 | €55,162 | €35,135 | -€20,027 | -36.3% |
| Trade receivables | 40 | €55,162 | €35,135 | -€20,027 | -36.3% |
| Current investments | 50/53 | €162,647 | €112,647 | -€50,000 | -30.7% |
| Cash at bank and in hand | 54/58 | €144,591 | €307,666 | +€163,074 | +112.8% |
| Deferred charges and accrued income | 490/1 | €5,889 | €5,648 | -€241 | -4.1% |
| Total equity and liabilities | 10/49 | €510,425 | €571,855 | +€61,430 | +12.0% |
| Equity | 10/15 | €354,118 | €300,778 | -€53,340 | -15.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €236,860 | €181,860 | -€55,000 | -23.2% |
| Distributable reserves | 133 | €236,860 | €181,860 | -€55,000 | -23.2% |
| Profit (loss) carried forward | 14 | €104,858 | €106,518 | +€1,660 | +1.6% |
| Amounts payable | 17/49 | €156,307 | €271,077 | +€114,770 | +73.4% |
| Amounts payable after more than one year | 17 | €73,082 | €58,918 | -€14,164 | -19.4% |
| Financial debts | 170/4 | €73,082 | €58,918 | -€14,164 | -19.4% |
| Amounts payable within one year | 42/48 | €82,944 | €211,799 | +€128,855 | +155.4% |
| Current portion of amounts payable after more than one year | 42 | €13,942 | €14,164 | +€222 | +1.6% |
| Trade debts | 44 | €6,445 | €12,935 | +€6,490 | +100.7% |
| Suppliers | 440/4 | €6,445 | €12,935 | +€6,490 | +100.7% |
| Taxes, remuneration and social security | 45 | €20,938 | €23,554 | +€2,616 | +12.5% |
| Taxes | 450/3 | €20,938 | €23,554 | +€2,616 | +12.5% |
| Other amounts payable | 47/48 | €41,619 | €161,146 | +€119,527 | +287.2% |
| Accrued charges and deferred income | 492/3 | €281 | €360 | +€80 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,673 | €35,588 | +€1,915 | +5.7% |
| Other operating charges | 640/8 | €2,796 | €2,679 | -€118 | -4.2% |
| Gross operating margin | 9900 | €122,166 | €133,512 | +€11,346 | +9.3% |
| Operating profit (loss) | 9901 | €85,696 | €95,245 | +€9,548 | +11.1% |
| Financial income | 75/76B | €3,943 | €4,231 | +€288 | +7.3% |
| Recurring financial income | 75 | €3,943 | €4,231 | +€288 | +7.3% |
| Financial charges | 65/66B | €2,580 | €1,443 | -€1,137 | -44.1% |
| Recurring financial charges | 65 | €2,580 | €1,443 | -€1,137 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €87,060 | €98,033 | +€10,973 | +12.6% |
| Income taxes | 67/77 | €24,479 | €26,373 | +€1,894 | +7.7% |
| Profit (loss) for the period | 9904 | €62,581 | €71,660 | +€9,079 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,581 | €71,660 | +€9,079 | +14.5% |
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 3 October 2026 via checked.be.