SOLIDESCO: 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.
SOLIDESCO
Largest movements
- Receivables within one year -€6,676
down €6,676 (-13.5%), from €49,499 to €42,823
of which Trade receivables: -€7,586
- Tangible fixed assets -€4,026
down €4,026 (-56.1%), from €7,180 to €3,154
- Deferred charges and accrued income +€1,673
new in 2025: €1,673
- Financial fixed assets -€1,000
down €1,000 (-10.5%), from €9,500 to €8,500
- Cash -€956
down €956 (-8.6%), from €11,160 to €10,204
mainly Net result for the year (-€7,892) and Other debts (-€4,930)
- Profit (loss) carried forward -€7,892
down €7,892 (-19.5%), from -€40,421 to -€48,313
- Other debts -€4,930
down €4,930 (-6.0%), from €82,100 to €77,170
- Trade debts +€4,621
up €4,621 (+34.4%), from €13,438 to €18,059
- Tax, wage and social debts -€4,100
down €4,100 (-37.1%), from €11,038 to €6,938
of which Remuneration and social security: -€4,371
- Advances received +€1,314
up €1,314 (+28.7%), from €4,577 to €5,892
- Gross operating margin -€1,591
down €1,591 (-183.8%), from -€866 to -€2,457
- Depreciation -€483
down €483 (-10.7%), from €4,510 to €4,026
- Other operating charges -€54
down €54 (-6.5%), from €828 to €774
- Taxes -€42
down €42 (-22.8%), from €183 to €141
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 | €77,340 | €66,354 | -€10,986 | -14.2% |
| Fixed assets | 21/28 | €16,680 | €11,654 | -€5,026 | -30.1% |
| Tangible fixed assets | 22/27 | €7,180 | €3,154 | -€4,026 | -56.1% |
| Furniture and vehicles | 24 | €7,180 | €3,154 | -€4,026 | -56.1% |
| Financial fixed assets | 28 | €9,500 | €8,500 | -€1,000 | -10.5% |
| Current assets | 29/58 | €60,659 | €54,700 | -€5,960 | -9.8% |
| Amounts receivable within one year | 40/41 | €49,499 | €42,823 | -€6,676 | -13.5% |
| Trade receivables | 40 | €47,551 | €39,964 | -€7,586 | -16.0% |
| Other amounts receivable | 41 | €1,948 | €2,858 | +€910 | +46.7% |
| Cash at bank and in hand | 54/58 | €11,160 | €10,204 | -€956 | -8.6% |
| Deferred charges and accrued income | 490/1 | - | €1,673 | +€1,673 | |
| Total equity and liabilities | 10/49 | €77,340 | €66,354 | -€10,986 | -14.2% |
| Equity | 10/15 | -€33,813 | -€41,706 | -€7,892 | -23.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €408 | €408 | = | 0.0% |
| Distributable reserves | 133 | €408 | €408 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,421 | -€48,313 | -€7,892 | -19.5% |
| Amounts payable | 17/49 | €111,153 | €108,059 | -€3,094 | -2.8% |
| Amounts payable within one year | 42/48 | €111,153 | €108,059 | -€3,094 | -2.8% |
| Trade debts | 44 | €13,438 | €18,059 | +€4,621 | +34.4% |
| Suppliers | 440/4 | €13,438 | €18,059 | +€4,621 | +34.4% |
| Advances received on contracts in progress | 46 | €4,577 | €5,892 | +€1,314 | +28.7% |
| Taxes, remuneration and social security | 45 | €11,038 | €6,938 | -€4,100 | -37.1% |
| Taxes | 450/3 | €2,038 | €2,309 | +€271 | +13.3% |
| Remuneration and social security | 454/9 | €9,000 | €4,629 | -€4,371 | -48.6% |
| Other amounts payable | 47/48 | €82,100 | €77,170 | -€4,930 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,510 | €4,026 | -€483 | -10.7% |
| Other operating charges | 640/8 | €828 | €774 | -€54 | -6.5% |
| Gross operating margin | 9900 | -€866 | -€2,457 | -€1,591 | -183.8% |
| Operating profit (loss) | 9901 | -€6,203 | -€7,257 | -€1,054 | -17.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €486 | €495 | +€9 | +1.8% |
| Recurring financial charges | 65 | €486 | €495 | +€9 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,689 | -€7,751 | -€1,061 | -15.9% |
| Income taxes | 67/77 | €183 | €141 | -€42 | -22.8% |
| Profit (loss) for the period | 9904 | -€6,873 | -€7,892 | -€1,019 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,873 | -€7,892 | -€1,019 | -14.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.