Solida: 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.
Solida
Largest movements
- Cash -€279,914
down €279,914 (-71.6%), from €391,076 to €111,162
mainly Short-term financial debts (-€370,000) and Receivables within one year (-€90,123)
- Stocks and contracts -€162,970
down €162,970 (-7.0%), from €2.3m to €2.2m
- Receivables within one year +€90,123
up €90,123 (+98.6%), from €91,415 to €181,538
- Short-term financial debts -€370,000
down €370,000 (-21.5%), from €1.7m to €1.4m
- Gross operating margin +€79,738
up €79,738 (+281.9%), from €28,286 to €108,024
- Financial charges +€46,802
up €46,802 (+74.0%), from €63,284 to €110,087
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 | €2,816,362 | €2,463,601 | -€352,761 | -12.5% |
| Current assets | 29/58 | €2,816,362 | €2,463,601 | -€352,761 | -12.5% |
| Stocks and contracts in progress | 3 | €2,333,871 | €2,170,901 | -€162,970 | -7.0% |
| Stocks | 30/36 | €2,333,871 | €2,170,901 | -€162,970 | -7.0% |
| Amounts receivable within one year | 40/41 | €91,415 | €181,538 | +€90,123 | +98.6% |
| Other amounts receivable | 41 | €91,415 | €181,538 | +€90,123 | +98.6% |
| Cash at bank and in hand | 54/58 | €391,076 | €111,162 | -€279,914 | -71.6% |
| Total equity and liabilities | 10/49 | €2,816,362 | €2,463,601 | -€352,761 | -12.5% |
| Equity | 10/15 | €560,329 | €557,040 | -€3,289 | -0.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,329 | €7,040 | -€3,289 | -31.8% |
| Amounts payable | 17/49 | €2,256,033 | €1,906,561 | -€349,472 | -15.5% |
| Amounts payable within one year | 42/48 | €2,256,033 | €1,906,561 | -€349,472 | -15.5% |
| Financial debts | 43 | €1,723,317 | €1,353,317 | -€370,000 | -21.5% |
| Credit institutions | 430/8 | €1,723,317 | €1,353,317 | -€370,000 | -21.5% |
| Trade debts | 44 | €36,957 | €37,655 | +€698 | +1.9% |
| Suppliers | 440/4 | €36,957 | €37,655 | +€698 | +1.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Other amounts payable | 47/48 | €495,759 | €515,589 | +€19,830 | +4.0% |
| Other operating charges | 640/8 | €1,194 | €1,226 | +€33 | +2.8% |
| Gross operating margin | 9900 | €28,286 | €108,024 | +€79,738 | +281.9% |
| Operating profit (loss) | 9901 | €27,093 | €106,798 | +€79,705 | +294.2% |
| Financial income | 75/76B | €367 | €0 | -€367 | -100.0% |
| Recurring financial income | 75 | €367 | €0 | -€367 | -100.0% |
| Financial charges | 65/66B | €63,284 | €110,087 | +€46,802 | +74.0% |
| Recurring financial charges | 65 | €63,284 | €110,087 | +€46,802 | +74.0% |
| Profit (loss) for the period before taxes | 9903 | -€35,825 | -€3,289 | +€32,536 | +90.8% |
| Profit (loss) for the period | 9904 | -€35,825 | -€3,289 | +€32,536 | +90.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,825 | -€3,289 | +€32,536 | +90.8% |
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 11 October 2026 via checked.be.