Solidaris Immo: 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.
What changed
Solidaris Immo
NACE 82.100, Office administrative and support services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€72,600
2024 · €779,140-€851,740
Equity
€24.7m
2024 · €24.8m-€118,992
Cash
€678,564
2024 · €627,329+€51,235
Balance sheet total
€29.5m
2024 · €30.1m-€584,273
Largest movements
Assets
- Receivables after one year -€885,647
down €885,647 (-17.6%), from €5.0m to €4.1m
- Current investments +€454,400
up €454,400 (+6.5%), from €7.0m to €7.4m
Equity and liabilities
- Debts after one year -€321,214
down €321,214 (-8.1%), from €4.0m to €3.6m
of which Financial debts: -€180,000
Income statement
- Write-downs +€831,003
new in 2025: €831,003
- Other operating charges +€107,282
up €107,282 (+26.0%), from €412,442 to €519,724
- Gross operating margin -€94,024
down €94,024 (-2.9%), from €3.3m to €3.2m
- Financial income -€52,033
down €52,033 (-15.4%), from €336,979 to €284,946
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.
Result 2024
€779,140
Gross operating margin
-€94,024
Staff costs
-€28,181
Depreciation
-€8,502
Write-downs
-€831,003
Other operating charges
-€107,282
Other operating items
+€267,337
Financial income
-€52,033
Financial charges
+€1,194
Taxes
+€755
Result 2025
-€72,600
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.
From operations
+€1.7m
Investment
-€1.3m
Financing
-€367,606
Cash 2024
€627,329
From operations (derived)
+€1.7m
Net result for the year
-€72,600
Depreciation
+€906,562
Receivables after one year
+€885,647
Receivables within one year
+€105,913
Deferred charges and accrued income
+€15,803
Provisions
-€71,794
Debts within one year
-€69,810
Accrued charges and deferred income
-€2,463
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€824,018
Current investments
-€454,400
Financing
-€367,606
Debts after one year
-€321,214
Contributions, distributions and other
-€46,392
Cash 2025
€678,564
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,050,686 | €29,466,413 | -€584,273 | -1.9% |
| Fixed assets | 21/28 | €16,915,615 | €16,833,071 | -€82,544 | -0.5% |
| Intangible fixed assets | 21 | €4,952 | €6,988 | +€2,036 | +41.1% |
| Tangible fixed assets | 22/27 | €15,863,904 | €15,779,298 | -€84,606 | -0.5% |
| Land and buildings | 22 | €13,970,554 | €13,031,250 | -€939,304 | -6.7% |
| Plant, machinery and equipment | 23 | €12,971 | €26,050 | +€13,079 | +100.8% |
| Furniture and vehicles | 24 | €90,930 | €169,025 | +€78,095 | +85.9% |
| Other tangible fixed assets | 26 | €774,187 | €711,432 | -€62,755 | -8.1% |
| Assets under construction and advance payments | 27 | €1,015,263 | €1,841,541 | +€826,279 | +81.4% |
| Financial fixed assets | 28 | €1,046,759 | €1,046,785 | +€27 | 0.0% |
| Current assets | 29/58 | €13,135,071 | €12,633,342 | -€501,729 | -3.8% |
| Amounts receivable after more than one year | 29 | €5,033,793 | €4,148,146 | -€885,647 | -17.6% |
| Other amounts receivable | 291 | €5,033,793 | €4,148,146 | -€885,647 | -17.6% |
| Amounts receivable within one year | 40/41 | €456,856 | €350,943 | -€105,913 | -23.2% |
| Trade receivables | 40 | €180,979 | €150,752 | -€30,227 | -16.7% |
| Other amounts receivable | 41 | €275,878 | €200,191 | -€75,686 | -27.4% |
| Current investments | 50/53 | €6,971,156 | €7,425,556 | +€454,400 | +6.5% |
| Cash at bank and in hand | 54/58 | €627,329 | €678,564 | +€51,235 | +8.2% |
| Deferred charges and accrued income | 490/1 | €45,936 | €30,133 | -€15,803 | -34.4% |
| Total equity and liabilities | 10/49 | €30,050,686 | €29,466,413 | -€584,273 | -1.9% |
| Equity | 10/15 | €24,808,417 | €24,689,425 | -€118,992 | -0.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,113,620 | €24,041,020 | -€72,600 | -0.3% |
| Investment grants | 15 | €594,797 | €548,405 | -€46,392 | -7.8% |
| Provisions and deferred taxes | 16 | €332,696 | €260,901 | -€71,794 | -21.6% |
| Provisions for liabilities and charges | 160/5 | €332,696 | €260,901 | -€71,794 | -21.6% |
| Other liabilities and charges | 164/5 | €332,696 | €260,901 | -€71,794 | -21.6% |
| Amounts payable | 17/49 | €4,909,573 | €4,516,086 | -€393,487 | -8.0% |
| Amounts payable after more than one year | 17 | €3,965,910 | €3,644,696 | -€321,214 | -8.1% |
| Financial debts | 170/4 | €1,771,135 | €1,591,135 | -€180,000 | -10.2% |
| Other amounts payable | 178/9 | €2,194,775 | €2,053,561 | -€141,214 | -6.4% |
| Amounts payable within one year | 42/48 | €932,995 | €863,185 | -€69,810 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €418,500 | €321,214 | -€97,286 | -23.2% |
| Trade debts | 44 | €107,726 | €120,395 | +€12,669 | +11.8% |
| Suppliers | 440/4 | €107,726 | €120,395 | +€12,669 | +11.8% |
| Taxes, remuneration and social security | 45 | €406,240 | €409,339 | +€3,098 | +0.8% |
| Taxes | 450/3 | €223,779 | €206,578 | -€17,201 | -7.7% |
| Remuneration and social security | 454/9 | €182,461 | €202,761 | +€20,299 | +11.1% |
| Accrued charges and deferred income | 492/3 | €10,668 | €8,206 | -€2,463 | -23.1% |
| Non-recurring operating income | 76A | €222,151 | €205,759 | -€16,392 | -7.4% |
| Remuneration, social security and pensions | 62 | €1,278,180 | €1,306,360 | +€28,181 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €898,060 | €906,562 | +€8,502 | +0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €831,003 | +€831,003 | |
| Other operating charges | 640/8 | €412,442 | €519,724 | +€107,282 | +26.0% |
| Non-recurring operating charges | 66A | €39,411 | €1,762 | -€37,649 | -95.5% |
| Gross operating margin | 9900 | €3,257,522 | €3,163,498 | -€94,024 | -2.9% |
| Operating profit (loss) | 9901 | €471,537 | -€330,119 | -€801,656 | |
| Financial income | 75/76B | €336,979 | €284,946 | -€52,033 | -15.4% |
| Recurring financial income | 75 | €336,979 | €284,946 | -€52,033 | -15.4% |
| Financial charges | 65/66B | €29,423 | €28,229 | -€1,194 | -4.1% |
| Recurring financial charges | 65 | €29,423 | €28,229 | -€1,194 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €779,093 | -€73,402 | -€852,495 | |
| Income taxes | 67/77 | -€47 | -€802 | -€755 | -1601.0% |
| Profit (loss) for the period | 9904 | €779,140 | -€72,600 | -€851,740 | |
| Profit (loss) for the period to be appropriated | 9905 | €779,140 | -€72,600 | -€851,740 |
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.