"SOLID2": 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.
"SOLID2"
Largest movements
- Current investments +€49,804
up €49,804 (+97.4%), from €51,140 to €100,944
- Tangible fixed assets -€26,198
down €26,198 (-32.7%), from €80,140 to €53,943
- Cash +€4,665
up €4,665 (+5.7%), from €81,369 to €86,034
mainly Depreciation (+€29,427) and Other debts (+€24,505)
- Deferred charges and accrued income +€3,653
up €3,653 (+134.7%), from €2,711 to €6,364
- Receivables within one year -€2,681
down €2,681 (-20.1%), from €13,363 to €10,682
of which Trade receivables: -€2,991
- Other debts +€24,505
up €24,505 (+259.3%), from €9,452 to €33,958
- Profit (loss) carried forward +€10,876
up €10,876 (+6.2%), from €174,869 to €185,744
- Tax, wage and social debts -€7,452
down €7,452 (-55.9%), from €13,322 to €5,870
- Depreciation +€4,360
up €4,360 (+17.4%), from €25,067 to €29,427
- Gross operating margin +€4,315
up €4,315 (+8.2%), from €52,889 to €57,204
- Financial income +€1,224
up €1,224 (+31.5%), from €3,887 to €5,111
of which Financial income: +€614
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 | €228,723 | €257,966 | +€29,243 | +12.8% |
| Fixed assets | 21/28 | €80,140 | €53,943 | -€26,198 | -32.7% |
| Tangible fixed assets | 22/27 | €80,140 | €53,943 | -€26,198 | -32.7% |
| Furniture and vehicles | 24 | €80,140 | €53,943 | -€26,198 | -32.7% |
| Current assets | 29/58 | €148,583 | €204,024 | +€55,441 | +37.3% |
| Amounts receivable within one year | 40/41 | €13,363 | €10,682 | -€2,681 | -20.1% |
| Trade receivables | 40 | €13,363 | €10,371 | -€2,991 | -22.4% |
| Other amounts receivable | 41 | - | €310 | +€310 | |
| Current investments | 50/53 | €51,140 | €100,944 | +€49,804 | +97.4% |
| Cash at bank and in hand | 54/58 | €81,369 | €86,034 | +€4,665 | +5.7% |
| Deferred charges and accrued income | 490/1 | €2,711 | €6,364 | +€3,653 | +134.7% |
| Total equity and liabilities | 10/49 | €228,723 | €257,966 | +€29,243 | +12.8% |
| Equity | 10/15 | €204,869 | €215,744 | +€10,876 | +5.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,869 | €185,744 | +€10,876 | +6.2% |
| Amounts payable | 17/49 | €23,854 | €42,222 | +€18,367 | +77.0% |
| Amounts payable within one year | 42/48 | €23,854 | €42,222 | +€18,367 | +77.0% |
| Trade debts | 44 | €1,080 | €2,394 | +€1,314 | +121.7% |
| Suppliers | 440/4 | €1,080 | €2,394 | +€1,314 | +121.7% |
| Taxes, remuneration and social security | 45 | €13,322 | €5,870 | -€7,452 | -55.9% |
| Taxes | 450/3 | €13,322 | €5,870 | -€7,452 | -55.9% |
| Other amounts payable | 47/48 | €9,452 | €33,958 | +€24,505 | +259.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,067 | €29,427 | +€4,360 | +17.4% |
| Other operating charges | 640/8 | €117 | €387 | +€271 | +231.6% |
| Gross operating margin | 9900 | €52,889 | €57,204 | +€4,315 | +8.2% |
| Operating profit (loss) | 9901 | €27,705 | €27,389 | -€315 | -1.1% |
| Financial income | 75/76B | €3,887 | €5,111 | +€1,224 | +31.5% |
| Recurring financial income | 75 | €3,887 | €4,501 | +€614 | +15.8% |
| Non-recurring financial income | 76B | - | €610 | +€610 | |
| Financial charges | 65/66B | €1,451 | €1,861 | +€410 | +28.2% |
| Recurring financial charges | 65 | €1,451 | €1,861 | +€410 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €30,140 | €30,639 | +€499 | +1.7% |
| Income taxes | 67/77 | €7,970 | €7,763 | -€206 | -2.6% |
| Profit (loss) for the period | 9904 | €22,171 | €22,876 | +€705 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,171 | €22,876 | +€705 | +3.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.