SOLIDAS ASSURANCES: 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.
SOLIDAS ASSURANCES
Largest movements
- Intangible fixed assets +€146,109
up €146,109 (+125.2%), from €116,740 to €262,849
- Receivables within one year +€136,591
up €136,591 (+39.9%), from €342,658 to €479,249
of which Other amounts receivable: +€94,273
- Tangible fixed assets +€105,900
up €105,900 (+866.3%), from €12,224 to €118,124
of which Furniture and vehicles: +€98,370
- Deferred charges and accrued income +€60,289
up €60,289 (+1666.6%), from €3,618 to €63,907
- Cash -€29,777
down €29,777 (-99.3%), from €30,000 to €223
mainly Investment in fixed assets (net) (-€327,565) and Contributions, distributions and other (-€310,000)
- Accrued charges and deferred income -€142,961
down €142,961 (-99.1%), from €144,215 to €1,254
- Debts after one year +€142,410
up €142,410 (+220.1%), from €64,702 to €207,113
- Other debts +€119,041
up €119,041 (+62.3%), from €191,029 to €310,070
- Tax, wage and social debts +€116,881
up €116,881 (+223.0%), from €52,408 to €169,289
of which Taxes: +€116,236
- Profit (loss) carried forward +€74,085
up €74,085 (+12173.5%), from €609 to €74,693
- Gross operating margin +€330,238
up €330,238 (+61.8%), from €534,048 to €864,286
- Taxes +€88,468
up €88,468 (+153.1%), from €57,768 to €146,236
- Depreciation +€45,669
up €45,669 (+163.8%), from €27,887 to €73,556
- Staff costs +€14,619
up €14,619 (+6.2%), from €235,016 to €249,635
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 | €507,580 | €928,692 | +€421,112 | +83.0% |
| Fixed assets | 21/28 | €131,304 | €385,313 | +€254,009 | +193.5% |
| Intangible fixed assets | 21 | €116,740 | €262,849 | +€146,109 | +125.2% |
| Tangible fixed assets | 22/27 | €12,224 | €118,124 | +€105,900 | +866.3% |
| Furniture and vehicles | 24 | €12,224 | €110,593 | +€98,370 | +804.7% |
| Other tangible fixed assets | 26 | - | €7,531 | +€7,531 | |
| Financial fixed assets | 28 | €2,340 | €4,340 | +€2,000 | +85.5% |
| Current assets | 29/58 | €376,275 | €543,379 | +€167,103 | +44.4% |
| Amounts receivable within one year | 40/41 | €342,658 | €479,249 | +€136,591 | +39.9% |
| Trade receivables | 40 | €126,927 | €169,245 | +€42,318 | +33.3% |
| Other amounts receivable | 41 | €215,731 | €310,004 | +€94,273 | +43.7% |
| Cash at bank and in hand | 54/58 | €30,000 | €223 | -€29,777 | -99.3% |
| Deferred charges and accrued income | 490/1 | €3,618 | €63,907 | +€60,289 | +1666.6% |
| Total equity and liabilities | 10/49 | €507,580 | €928,692 | +€421,112 | +83.0% |
| Equity | 10/15 | €6,909 | €80,993 | +€74,085 | +1072.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €609 | €74,693 | +€74,085 | +12173.5% |
| Amounts payable | 17/49 | €500,671 | €847,699 | +€347,028 | +69.3% |
| Amounts payable after more than one year | 17 | €64,702 | €207,113 | +€142,410 | +220.1% |
| Financial debts | 170/4 | €64,702 | €207,113 | +€142,410 | +220.1% |
| Amounts payable within one year | 42/48 | €291,754 | €639,332 | +€347,578 | +119.1% |
| Current portion of amounts payable after more than one year | 42 | €17,389 | €52,735 | +€35,346 | +203.3% |
| Financial debts | 43 | €304 | €50,000 | +€49,696 | +16323.6% |
| Credit institutions | 430/8 | €304 | €50,000 | +€49,696 | +16323.6% |
| Trade debts | 44 | €30,624 | €57,238 | +€26,614 | +86.9% |
| Suppliers | 440/4 | €30,624 | €57,238 | +€26,614 | +86.9% |
| Taxes, remuneration and social security | 45 | €52,408 | €169,289 | +€116,881 | +223.0% |
| Taxes | 450/3 | €27,768 | €144,003 | +€116,236 | +418.6% |
| Remuneration and social security | 454/9 | €24,640 | €25,285 | +€646 | +2.6% |
| Other amounts payable | 47/48 | €191,029 | €310,070 | +€119,041 | +62.3% |
| Accrued charges and deferred income | 492/3 | €144,215 | €1,254 | -€142,961 | -99.1% |
| Remuneration, social security and pensions | 62 | €235,016 | €249,635 | +€14,619 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,887 | €73,556 | +€45,669 | +163.8% |
| Other operating charges | 640/8 | €1,432 | €2,745 | +€1,313 | +91.7% |
| Gross operating margin | 9900 | €534,048 | €864,286 | +€330,238 | +61.8% |
| Operating profit (loss) | 9901 | €269,714 | €538,350 | +€268,636 | +99.6% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €3,065 | €8,049 | +€4,984 | +162.6% |
| Recurring financial charges | 65 | €3,065 | €8,049 | +€4,984 | +162.6% |
| Profit (loss) for the period before taxes | 9903 | €266,649 | €530,320 | +€263,671 | +98.9% |
| Income taxes | 67/77 | €57,768 | €146,236 | +€88,468 | +153.1% |
| Profit (loss) for the period | 9904 | €208,881 | €384,085 | +€175,203 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €208,881 | €384,085 | +€175,203 | +83.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.