SOLIDE: 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.
SOLIDE
Largest movements
- Receivables within one year -€9,285
down €9,285 (-41.8%), from €22,206 to €12,921
of which Other amounts receivable: -€16,720
- Cash -€1,915
down €1,915 (-4.2%), from €45,805 to €43,890
mainly Net result for the year (-€9,848) and Tax, wage and social debts (-€1,702)
- Profit (loss) carried forward -€9,848
down €9,848 (-163%), from -€6,024 to -€15,872
- Tax, wage and social debts -€1,702
no longer reported in 2025 (was €1,702)
- Gross operating margin +€16,357
up €16,357 (+66.6%), from -€24,563 to -€8,205
- Financial charges +€767
up €767 (+372%), from €206 to €974
- Other operating charges +€414
up €414 (+114%), from €362 to €776
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.
Derived cash bridge
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 | €68,011 | €56,810 | -€11,200 | -16.5% |
| Current assets | 29/58 | €68,011 | €56,810 | -€11,200 | -16.5% |
| Amounts receivable within one year | 40/41 | €22,206 | €12,921 | -€9,285 | -41.8% |
| Trade receivables | 40 | - | €7,435 | +€7,435 | |
| Other amounts receivable | 41 | €22,206 | €5,485 | -€16,720 | -75.3% |
| Cash at bank and in hand | 54/58 | €45,805 | €43,890 | -€1,915 | -4.2% |
| Total equity and liabilities | 10/49 | €68,011 | €56,810 | -€11,200 | -16.5% |
| Equity | 10/15 | €54,848 | €45,000 | -€9,848 | -18.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €36,083 | €36,083 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,456 | €1,456 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,456 | €1,456 | = | 0.0% |
| Distributable reserves | 133 | €34,627 | €34,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,024 | -€15,872 | -€9,848 | -163% |
| Amounts payable | 17/49 | €13,163 | €11,811 | -€1,352 | -10.3% |
| Amounts payable within one year | 42/48 | €13,163 | €11,811 | -€1,352 | -10.3% |
| Advances received on contracts in progress | 46 | €11,461 | €11,811 | +€350 | +3.1% |
| Taxes, remuneration and social security | 45 | €1,702 | - | -€1,702 | |
| Taxes | 450/3 | €1,702 | - | -€1,702 | |
| Other operating charges | 640/8 | €362 | €776 | +€414 | +114% |
| Gross operating margin | 9900 | -€24,563 | -€8,205 | +€16,357 | +66.6% |
| Operating profit (loss) | 9901 | -€24,925 | -€8,981 | +€15,944 | +64.0% |
| Financial income | 75/76B | - | €106 | +€106 | |
| Recurring financial income | 75 | - | €106 | +€106 | |
| Financial charges | 65/66B | €206 | €974 | +€767 | +372% |
| Recurring financial charges | 65 | €206 | €974 | +€767 | +372% |
| Profit (loss) for the period before taxes | 9903 | -€25,131 | -€9,848 | +€15,283 | +60.8% |
| Profit (loss) for the period | 9904 | -€25,131 | -€9,848 | +€15,283 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,131 | -€9,848 | +€15,283 | +60.8% |
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 15 October 2026 via checked.be.