SOLIDFOG TECHNOLOGIES: 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.
SOLIDFOG TECHNOLOGIES
Largest movements
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Receivables within one year -€126,030
down €126,030 (-24.1%), from €522,211 to €396,181
of which Trade receivables: -€115,119
- Cash +€108,269
up €108,269 (+9.9%), from €1.1m to €1.2m
mainly Current investments (+€300,000) and Net result for the year (+€149,187)
- Tangible fixed assets -€72,129
down €72,129 (-22.6%), from €318,949 to €246,820
of which Furniture and vehicles: -€93,238
- Stocks and contracts +€50,014
up €50,014 (+39.2%), from €127,734 to €177,748
- Advances received -€347,557
down €347,557 (-58.3%), from €595,790 to €248,233
- Profit (loss) carried forward +€149,187
up €149,187 (+17.5%), from €851,324 to €1.0m
- Other debts -€71,311
down €71,311 (-26.6%), from €267,686 to €196,376
- Tax, wage and social debts -€47,907
down €47,907 (-23.4%), from €204,547 to €156,640
of which Remuneration and social security: -€68,093
- Trade debts -€36,508
down €36,508 (-24.9%), from €146,762 to €110,254
- Gross operating margin -€51,129
down €51,129 (-2.8%), from €1.8m to €1.8m
- Financial charges +€37,077
up €37,077 (+45.8%), from €81,032 to €118,109
- Taxes -€23,378
down €23,378 (-25.6%), from €91,446 to €68,068
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 | €2,413,956 | €2,059,860 | -€354,096 | -14.7% |
| Fixed assets | 21/28 | €337,799 | €265,670 | -€72,129 | -21.4% |
| Tangible fixed assets | 22/27 | €318,949 | €246,820 | -€72,129 | -22.6% |
| Plant, machinery and equipment | 23 | €7,581 | €7,021 | -€560 | -7.4% |
| Furniture and vehicles | 24 | €257,697 | €164,458 | -€93,238 | -36.2% |
| Other tangible fixed assets | 26 | €53,672 | €75,340 | +€21,669 | +40.4% |
| Financial fixed assets | 28 | €18,850 | €18,850 | = | 0.0% |
| Current assets | 29/58 | €2,076,157 | €1,794,190 | -€281,967 | -13.6% |
| Stocks and contracts in progress | 3 | €127,734 | €177,748 | +€50,014 | +39.2% |
| Stocks | 30/36 | €127,734 | €177,748 | +€50,014 | +39.2% |
| Amounts receivable within one year | 40/41 | €522,211 | €396,181 | -€126,030 | -24.1% |
| Trade receivables | 40 | €458,425 | €343,306 | -€115,119 | -25.1% |
| Other amounts receivable | 41 | €63,786 | €52,875 | -€10,911 | -17.1% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,088,191 | €1,196,460 | +€108,269 | +9.9% |
| Deferred charges and accrued income | 490/1 | €38,021 | €23,801 | -€14,220 | -37.4% |
| Total equity and liabilities | 10/49 | €2,413,956 | €2,059,860 | -€354,096 | -14.7% |
| Equity | 10/15 | €1,199,170 | €1,348,357 | +€149,187 | +12.4% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €310,646 | €310,646 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €310,646 | €310,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | €851,324 | €1,000,511 | +€149,187 | +17.5% |
| Amounts payable | 17/49 | €1,214,786 | €711,502 | -€503,283 | -41.4% |
| Amounts payable within one year | 42/48 | €1,214,786 | €711,502 | -€503,283 | -41.4% |
| Trade debts | 44 | €146,762 | €110,254 | -€36,508 | -24.9% |
| Suppliers | 440/4 | €146,762 | €110,254 | -€36,508 | -24.9% |
| Advances received on contracts in progress | 46 | €595,790 | €248,233 | -€347,557 | -58.3% |
| Taxes, remuneration and social security | 45 | €204,547 | €156,640 | -€47,907 | -23.4% |
| Taxes | 450/3 | €28,057 | €48,243 | +€20,186 | +71.9% |
| Remuneration and social security | 454/9 | €176,490 | €108,396 | -€68,093 | -38.6% |
| Other amounts payable | 47/48 | €267,686 | €196,376 | -€71,311 | -26.6% |
| Remuneration, social security and pensions | 62 | €1,302,276 | €1,304,659 | +€2,383 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,881 | €114,797 | -€2,084 | -1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €3,465 | +€3,465 | |
| Other operating charges | 640/8 | €10,827 | €8,342 | -€2,485 | -23.0% |
| Gross operating margin | 9900 | €1,802,647 | €1,751,518 | -€51,129 | -2.8% |
| Operating profit (loss) | 9901 | €372,664 | €320,255 | -€52,408 | -14.1% |
| Financial income | 75/76B | €12,692 | €15,109 | +€2,417 | +19.0% |
| Recurring financial income | 75 | €12,692 | €15,109 | +€2,417 | +19.0% |
| Financial charges | 65/66B | €81,032 | €118,109 | +€37,077 | +45.8% |
| Recurring financial charges | 65 | €81,032 | €118,109 | +€37,077 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €304,324 | €217,255 | -€87,069 | -28.6% |
| Income taxes | 67/77 | €91,446 | €68,068 | -€23,378 | -25.6% |
| Profit (loss) for the period | 9904 | €212,877 | €149,187 | -€63,690 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €212,877 | €149,187 | -€63,690 | -29.9% |
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 2 October 2026 via checked.be.