SOLIDCURE: 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.
SOLIDCURE
Largest movements
- Stocks and contracts +€308,780
up €308,780 (+29.6%), from €1.0m to €1.4m
- Cash -€94,933
down €94,933 (-33.4%), from €283,995 to €189,062
mainly Other debts (-€550,000) and Stocks and contracts (-€308,780)
- Receivables within one year -€73,181
down €73,181 (-14.9%), from €491,766 to €418,585
of which Trade receivables: -€77,600
- Tangible fixed assets -€71,614
down €71,614 (-33.2%), from €215,627 to €144,014
of which Furniture and vehicles: -€49,769
- Other debts -€550,000
down €550,000 (-91.7%), from €600,000 to €50,000
- Trade debts +€399,718
up €399,718 (+146.1%), from €273,577 to €673,296
- Reserves +€230,715
up €230,715 (+25.8%), from €894,601 to €1.1m
- Debts after one year -€49,462
down €49,462 (-74.1%), from €66,744 to €17,282
- Tax, wage and social debts +€30,968
up €30,968 (+57.6%), from €53,775 to €84,743
of which Taxes: +€33,230
- Gross operating margin -€513,327
down €513,327 (-53.9%), from €953,253 to €439,926
- Taxes +€29,710
up €29,710 (+54.5%), from €54,509 to €84,219
- Staff costs -€14,765
down €14,765 (-24.8%), from €59,524 to €44,759
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 | €2,078,624 | €2,149,848 | +€71,223 | +3.4% |
| Fixed assets | 21/28 | €232,727 | €161,114 | -€71,614 | -30.8% |
| Tangible fixed assets | 22/27 | €215,627 | €144,014 | -€71,614 | -33.2% |
| Land and buildings | 22 | €35,615 | €15,715 | -€19,900 | -55.9% |
| Plant, machinery and equipment | 23 | €4,952 | €3,007 | -€1,945 | -39.3% |
| Furniture and vehicles | 24 | €175,060 | €125,292 | -€49,769 | -28.4% |
| Financial fixed assets | 28 | €17,100 | €17,100 | = | 0.0% |
| Current assets | 29/58 | €1,845,897 | €1,988,734 | +€142,837 | +7.7% |
| Stocks and contracts in progress | 3 | €1,042,958 | €1,351,738 | +€308,780 | +29.6% |
| Stocks | 30/36 | €1,042,958 | €1,351,738 | +€308,780 | +29.6% |
| Amounts receivable within one year | 40/41 | €491,766 | €418,585 | -€73,181 | -14.9% |
| Trade receivables | 40 | €491,461 | €413,861 | -€77,600 | -15.8% |
| Other amounts receivable | 41 | €305 | €4,724 | +€4,418 | +1448.2% |
| Cash at bank and in hand | 54/58 | €283,995 | €189,062 | -€94,933 | -33.4% |
| Deferred charges and accrued income | 490/1 | €27,179 | €29,350 | +€2,171 | +8.0% |
| Total equity and liabilities | 10/49 | €2,078,624 | €2,149,848 | +€71,223 | +3.4% |
| Equity | 10/15 | €953,201 | €1,183,915 | +€230,715 | +24.2% |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Reserves | 13 | €894,601 | €1,125,315 | +€230,715 | +25.8% |
| Distributable reserves | 133 | €894,601 | €1,125,315 | +€230,715 | +25.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,125,424 | €965,932 | -€159,491 | -14.2% |
| Amounts payable after more than one year | 17 | €66,744 | €17,282 | -€49,462 | -74.1% |
| Financial debts | 170/4 | €66,744 | €17,282 | -€49,462 | -74.1% |
| Amounts payable within one year | 42/48 | €1,058,680 | €948,650 | -€110,029 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €60,654 | €49,462 | -€11,192 | -18.5% |
| Financial debts | 43 | €29,420 | €40,000 | +€10,580 | +36.0% |
| Credit institutions | 430/8 | €29,420 | €40,000 | +€10,580 | +36.0% |
| Trade debts | 44 | €273,577 | €673,296 | +€399,718 | +146.1% |
| Suppliers | 440/4 | €273,577 | €673,296 | +€399,718 | +146.1% |
| Advances received on contracts in progress | 46 | €41,254 | €51,150 | +€9,896 | +24.0% |
| Taxes, remuneration and social security | 45 | €53,775 | €84,743 | +€30,968 | +57.6% |
| Taxes | 450/3 | €45,995 | €79,225 | +€33,230 | +72.2% |
| Remuneration and social security | 454/9 | €7,780 | €5,518 | -€2,262 | -29.1% |
| Other amounts payable | 47/48 | €600,000 | €50,000 | -€550,000 | -91.7% |
| Non-recurring operating income | 76A | €8,312 | €0 | -€8,312 | -100.0% |
| Remuneration, social security and pensions | 62 | €59,524 | €44,759 | -€14,765 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,262 | €71,614 | -€1,649 | -2.3% |
| Other operating charges | 640/8 | €1,983 | €2,190 | +€207 | +10.4% |
| Gross operating margin | 9900 | €953,253 | €439,926 | -€513,327 | -53.9% |
| Operating profit (loss) | 9901 | €818,484 | €321,363 | -€497,121 | -60.7% |
| Financial income | 75/76B | €4,265 | €793 | -€3,472 | -81.4% |
| Recurring financial income | 75 | €4,265 | €793 | -€3,472 | -81.4% |
| Financial charges | 65/66B | €11,662 | €7,223 | -€4,440 | -38.1% |
| Recurring financial charges | 65 | €11,662 | €7,223 | -€4,440 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €811,087 | €314,934 | -€496,154 | -61.2% |
| Income taxes | 67/77 | €54,509 | €84,219 | +€29,710 | +54.5% |
| Profit (loss) for the period | 9904 | €756,578 | €230,715 | -€525,863 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €756,578 | €230,715 | -€525,863 | -69.5% |
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 29 September 2026 via checked.be.