Solidal: 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.
Solidal
Largest movements
- Tangible fixed assets -€53,533
down €53,533 (-19.0%), from €282,339 to €228,806
- Current investments -€29,500
down €29,500 (-16.4%), from €180,000 to €150,500
- Cash +€28,228
up €28,228 (+53.3%), from €52,958 to €81,186
mainly Depreciation (+€54,429) and Current investments (+€29,500)
- Current portion of long-term debt -€25,000
down €25,000 (-50.0%), from €50,000 to €25,000
- Debts after one year -€25,000
no longer reported in 2024 (was €25,000)
- Profit (loss) carried forward +€8,577
up €8,577 (+2.2%), from €390,298 to €398,875
- Trade debts -€6,747
down €6,747 (-61.0%), from €11,068 to €4,321
- Gross operating margin -€17,630
down €17,630 (-13.8%), from €128,088 to €110,458
- Depreciation +€7,936
up €7,936 (+17.1%), from €46,493 to €54,429
- Taxes -€5,671
down €5,671 (-70.2%), from €8,083 to €2,412
- Financial income +€3,627
up €3,627 (+83.0%), from €4,369 to €7,996
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €536,885 | €484,907 | -€51,978 | -9.7% |
| Fixed assets | 21/28 | €284,443 | €230,014 | -€54,429 | -19.1% |
| Intangible fixed assets | 21 | €1,741 | €845 | -€896 | -51.5% |
| Tangible fixed assets | 22/27 | €282,339 | €228,806 | -€53,533 | -19.0% |
| Furniture and vehicles | 24 | €282,339 | €228,806 | -€53,533 | -19.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €252,443 | €254,894 | +€2,451 | +1.0% |
| Amounts receivable within one year | 40/41 | €18,790 | €22,779 | +€3,989 | +21.2% |
| Trade receivables | 40 | €15,482 | €14,554 | -€928 | -6.0% |
| Other amounts receivable | 41 | €3,308 | €8,225 | +€4,917 | +148.6% |
| Current investments | 50/53 | €180,000 | €150,500 | -€29,500 | -16.4% |
| Cash at bank and in hand | 54/58 | €52,958 | €81,186 | +€28,228 | +53.3% |
| Deferred charges and accrued income | 490/1 | €695 | €429 | -€266 | -38.2% |
| Total equity and liabilities | 10/49 | €536,885 | €484,907 | -€51,978 | -9.7% |
| Equity | 10/15 | €445,222 | €451,943 | +€6,721 | +1.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | - | -€4,000 | |
| Reserves not available under the articles | 1311 | €4,000 | - | -€4,000 | |
| Distributable reserves | 133 | - | €4,000 | +€4,000 | |
| Profit (loss) carried forward | 14 | €390,298 | €398,875 | +€8,577 | +2.2% |
| Investment grants | 15 | €10,924 | €9,068 | -€1,856 | -17.0% |
| Amounts payable | 17/49 | €91,664 | €32,965 | -€58,699 | -64.0% |
| Amounts payable after more than one year | 17 | €25,000 | - | -€25,000 | |
| Financial debts | 170/4 | €25,000 | - | -€25,000 | |
| Amounts payable within one year | 42/48 | €66,664 | €32,965 | -€33,699 | -50.6% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Trade debts | 44 | €11,068 | €4,321 | -€6,747 | -61.0% |
| Suppliers | 440/4 | €11,068 | €4,321 | -€6,747 | -61.0% |
| Taxes, remuneration and social security | 45 | €5,596 | €3,644 | -€1,952 | -34.9% |
| Taxes | 450/3 | €204 | €226 | +€22 | +10.7% |
| Remuneration and social security | 454/9 | €5,392 | €3,418 | -€1,974 | -36.6% |
| Remuneration, social security and pensions | 62 | €50,174 | €51,442 | +€1,268 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,493 | €54,429 | +€7,936 | +17.1% |
| Other operating charges | 640/8 | €657 | €822 | +€165 | +25.1% |
| Gross operating margin | 9900 | €128,088 | €110,458 | -€17,630 | -13.8% |
| Operating profit (loss) | 9901 | €30,764 | €3,765 | -€26,999 | -87.8% |
| Financial income | 75/76B | €4,369 | €7,996 | +€3,627 | +83.0% |
| Recurring financial income | 75 | €4,369 | €7,996 | +€3,627 | +83.0% |
| Financial charges | 65/66B | €1,057 | €773 | -€284 | -26.9% |
| Recurring financial charges | 65 | €1,057 | €773 | -€284 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €34,076 | €10,988 | -€23,087 | -67.8% |
| Income taxes | 67/77 | €8,083 | €2,412 | -€5,671 | -70.2% |
| Profit (loss) for the period | 9904 | €25,993 | €8,577 | -€17,416 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,993 | €8,577 | -€17,416 | -67.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.