Solida Projects: 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 Projects
Largest movements
- Receivables within one year -€21,364
down €21,364 (-43.9%), from €48,720 to €27,356
of which Trade receivables: -€16,575
- Cash -€5,464
down €5,464 (-23.9%), from €22,849 to €17,385
mainly Contributions, distributions and other (-€26,000) and Tax, wage and social debts (-€3,924)
- Profit (loss) carried forward -€19,595
down €19,595 (-31.0%), from €63,222 to €43,626
- Tax, wage and social debts -€3,924
down €3,924 (-53.6%), from €7,314 to €3,390
- Short-term financial debts -€3,116
down €3,116 (-64.9%), from €4,799 to €1,683
of which Other loans: -€3,103
- Gross operating margin -€39,098
down €39,098 (-79.5%), from €49,175 to €10,077
- Taxes -€10,847
down €10,847 (-84.6%), from €12,828 to €1,981
- Depreciation +€1,351
up €1,351 (+74.7%), from €1,808 to €3,160
- Financial income -€644
down €644 (-24.1%), from €2,669 to €2,025
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 | €78,184 | €51,269 | -€26,915 | -34.4% |
| Fixed assets | 21/28 | €5,953 | €5,791 | -€162 | -2.7% |
| Tangible fixed assets | 22/27 | €5,953 | €5,791 | -€162 | -2.7% |
| Furniture and vehicles | 24 | €5,036 | €5,345 | +€309 | +6.1% |
| Other tangible fixed assets | 26 | €917 | €446 | -€471 | -51.4% |
| Current assets | 29/58 | €72,231 | €45,478 | -€26,753 | -37.0% |
| Amounts receivable within one year | 40/41 | €48,720 | €27,356 | -€21,364 | -43.9% |
| Trade receivables | 40 | €16,575 | €0 | -€16,575 | -100.0% |
| Other amounts receivable | 41 | €32,145 | €27,356 | -€4,789 | -14.9% |
| Cash at bank and in hand | 54/58 | €22,849 | €17,385 | -€5,464 | -23.9% |
| Deferred charges and accrued income | 490/1 | €662 | €737 | +€75 | +11.4% |
| Total equity and liabilities | 10/49 | €78,184 | €51,269 | -€26,915 | -34.4% |
| Equity | 10/15 | €63,722 | €44,126 | -€19,595 | -30.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,222 | €43,626 | -€19,595 | -31.0% |
| Amounts payable | 17/49 | €14,463 | €7,143 | -€7,320 | -50.6% |
| Amounts payable within one year | 42/48 | €14,463 | €7,143 | -€7,320 | -50.6% |
| Financial debts | 43 | €4,799 | €1,683 | -€3,116 | -64.9% |
| Credit institutions | 430/8 | €1,696 | €1,683 | -€13 | -0.8% |
| Other loans | 439 | €3,103 | €0 | -€3,103 | -100.0% |
| Trade debts | 44 | €2,350 | €2,070 | -€280 | -11.9% |
| Suppliers | 440/4 | €2,350 | €2,070 | -€280 | -11.9% |
| Taxes, remuneration and social security | 45 | €7,314 | €3,390 | -€3,924 | -53.6% |
| Taxes | 450/3 | €7,314 | €3,390 | -€3,924 | -53.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,808 | €3,160 | +€1,351 | +74.7% |
| Other operating charges | 640/8 | €407 | €400 | -€8 | -1.9% |
| Gross operating margin | 9900 | €49,175 | €10,077 | -€39,098 | -79.5% |
| Operating profit (loss) | 9901 | €46,959 | €6,518 | -€40,441 | -86.1% |
| Financial income | 75/76B | €2,669 | €2,025 | -€644 | -24.1% |
| Recurring financial income | 75 | €2,669 | €2,025 | -€644 | -24.1% |
| Financial charges | 65/66B | €181 | €157 | -€24 | -13.3% |
| Recurring financial charges | 65 | €181 | €157 | -€24 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €49,447 | €8,386 | -€41,061 | -83.0% |
| Income taxes | 67/77 | €12,828 | €1,981 | -€10,847 | -84.6% |
| Profit (loss) for the period | 9904 | €36,619 | €6,405 | -€30,215 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,619 | €6,405 | -€30,215 | -82.5% |
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 10 October 2026 via checked.be.