Solid Splendid: 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 Splendid
Largest movements
- Receivables within one year +€1.8m
up €1.8m (+118%), from €1.5m to €3.3m
- Other debts +€1.4m
up €1.4m (+84.0%), from €1.6m to €3.0m
- Profit (loss) carried forward +€974,856
up €974,856 (+156%), from €623,498 to €1.6m
- Debts after one year -€678,163
down €678,163 (-19.7%), from €3.4m to €2.8m
- Gross operating margin +€239,713
up €239,713 (+19.7%), from €1.2m to €1.5m
- Taxes +€117,119
up €117,119 (+56.4%), from €207,833 to €324,952
- Financial charges -€25,007
down €25,007 (-13.5%), from €185,327 to €160,320
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 | €8,236,050 | €10,000,465 | +€1.8m | +21.4% |
| Fixed assets | 21/28 | €6,513,500 | €6,513,500 | = | 0.0% |
| Financial fixed assets | 28 | €6,513,500 | €6,513,500 | = | 0.0% |
| Current assets | 29/58 | €1,722,550 | €3,486,965 | +€1.8m | +102% |
| Amounts receivable after more than one year | 29 | €160,000 | €160,000 | = | 0.0% |
| Trade receivables | 290 | €160,000 | €160,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,495,907 | €3,256,341 | +€1.8m | +118% |
| Other amounts receivable | 41 | €1,495,907 | €3,256,341 | +€1.8m | +118% |
| Cash at bank and in hand | 54/58 | €65,924 | €66,706 | +€781 | +1.2% |
| Deferred charges and accrued income | 490/1 | €719 | €3,919 | +€3,200 | +445% |
| Total equity and liabilities | 10/49 | €8,236,050 | €10,000,465 | +€1.8m | +21.4% |
| Equity | 10/15 | €2,385,398 | €3,360,254 | +€974,856 | +40.9% |
| Contributions | 10/11 | €1,761,900 | €1,761,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €623,498 | €1,598,354 | +€974,856 | +156% |
| Amounts payable | 17/49 | €5,850,651 | €6,640,211 | +€789,560 | +13.5% |
| Amounts payable after more than one year | 17 | €3,435,146 | €2,756,983 | -€678,163 | -19.7% |
| Financial debts | 170/4 | €3,435,146 | €2,756,983 | -€678,163 | -19.7% |
| Amounts payable within one year | 42/48 | €2,357,164 | €3,824,888 | +€1.5m | +62.3% |
| Current portion of amounts payable after more than one year | 42 | €711,157 | €796,214 | +€85,057 | +12.0% |
| Trade debts | 44 | €554 | €220 | -€334 | -60.3% |
| Suppliers | 440/4 | €554 | €220 | -€334 | -60.3% |
| Other amounts payable | 47/48 | €1,645,454 | €3,028,454 | +€1.4m | +84.0% |
| Accrued charges and deferred income | 492/3 | €58,341 | €58,341 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €1,118 | +€1,118 | |
| Gross operating margin | 9900 | €1,218,334 | €1,458,046 | +€239,713 | +19.7% |
| Operating profit (loss) | 9901 | €1,218,334 | €1,456,928 | +€238,594 | +19.6% |
| Financial income | 75/76B | €719 | €3,200 | +€2,481 | +345% |
| Recurring financial income | 75 | €719 | €3,200 | +€2,481 | +345% |
| Financial charges | 65/66B | €185,327 | €160,320 | -€25,007 | -13.5% |
| Recurring financial charges | 65 | €185,327 | €160,320 | -€25,007 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €1,033,725 | €1,299,808 | +€266,083 | +25.7% |
| Income taxes | 67/77 | €207,833 | €324,952 | +€117,119 | +56.4% |
| Profit (loss) for the period | 9904 | €825,892 | €974,856 | +€148,963 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €825,892 | €974,856 | +€148,963 | +18.0% |
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 1 November 2026 via checked.be.