Solid Team: 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 Team
Largest movements
- Tangible fixed assets -€510,032
down €510,032 (-77.6%), from €657,403 to €147,371
of which Land and buildings: -€508,500
- Cash +€17,947
up €17,947 (+123,686%), from €15 to €17,961
mainly Investment in fixed assets (net) (+€487,349) and Depreciation (+€22,682)
- Other debts -€501,236
down €501,236 (-62.7%), from €799,494 to €298,257
- Trade debts +€9,060
up €9,060 (+1,495%), from €606 to €9,666
- Depreciation -€44,283
down €44,283 (-66.1%), from €66,965 to €22,682
- Gross operating margin +€41,746
up €41,746, from -€1,297 to €40,449
- Other operating charges -€3,878
down €3,878 (-31.9%), from €12,157 to €8,280
- Financial charges +€566
up €566 (+7.2%), from €7,854 to €8,420
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 | €660,272 | €174,738 | -€485,534 | -73.5% |
| Fixed assets | 21/28 | €657,462 | €147,430 | -€510,032 | -77.6% |
| Tangible fixed assets | 22/27 | €657,403 | €147,371 | -€510,032 | -77.6% |
| Land and buildings | 22 | €643,025 | €134,525 | -€508,500 | -79.1% |
| Plant, machinery and equipment | 23 | €14,378 | €12,846 | -€1,532 | -10.7% |
| Financial fixed assets | 28 | €58 | €58 | = | 0.0% |
| Current assets | 29/58 | €2,810 | €27,308 | +€24,498 | +872% |
| Amounts receivable within one year | 40/41 | €1,400 | €7,868 | +€6,468 | +462% |
| Trade receivables | 40 | €1,400 | €6,400 | +€5,000 | +357% |
| Other amounts receivable | 41 | - | €1,468 | +€1,468 | |
| Cash at bank and in hand | 54/58 | €15 | €17,961 | +€17,947 | +123,686% |
| Deferred charges and accrued income | 490/1 | €1,396 | €1,479 | +€83 | +6.0% |
| Total equity and liabilities | 10/49 | €660,272 | €174,738 | -€485,534 | -73.5% |
| Equity | 10/15 | -€139,909 | -€138,842 | +€1,067 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€208,109 | -€207,042 | +€1,067 | +0.5% |
| Amounts payable | 17/49 | €800,181 | €313,580 | -€486,601 | -60.8% |
| Amounts payable within one year | 42/48 | €800,181 | €313,580 | -€486,601 | -60.8% |
| Trade debts | 44 | €606 | €9,666 | +€9,060 | +1,495% |
| Suppliers | 440/4 | €606 | €9,666 | +€9,060 | +1,495% |
| Taxes, remuneration and social security | 45 | €81 | €5,656 | +€5,576 | +6,889% |
| Taxes | 450/3 | €81 | €5,656 | +€5,576 | +6,889% |
| Other amounts payable | 47/48 | €799,494 | €298,257 | -€501,236 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,965 | €22,682 | -€44,283 | -66.1% |
| Other operating charges | 640/8 | €12,157 | €8,280 | -€3,878 | -31.9% |
| Gross operating margin | 9900 | -€1,297 | €40,449 | +€41,746 | |
| Operating profit (loss) | 9901 | -€80,420 | €9,487 | +€89,907 | |
| Financial charges | 65/66B | €7,854 | €8,420 | +€566 | +7.2% |
| Recurring financial charges | 65 | €7,854 | €8,420 | +€566 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€88,274 | €1,067 | +€89,341 | |
| Profit (loss) for the period | 9904 | -€88,274 | €1,067 | +€89,341 | |
| Profit (loss) for the period to be appropriated | 9905 | -€88,274 | €1,067 | +€89,341 |
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 17 October 2026 via checked.be.