Solidis Construction: 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.
Solidis Construction
Largest movements
- Receivables within one year +€49,886
up €49,886 (+19,875%), from €251 to €50,137
of which Trade receivables: +€49,057
- Tangible fixed assets -€22,712
down €22,712 (-49.1%), from €46,214 to €23,502
of which Plant, machinery and equipment: -€22,379
- Cash -€3,440
down €3,440 (-92.7%), from €3,710 to €270
mainly Receivables within one year (-€49,886) and Tax, wage and social debts (-€2,574)
- Stocks and contracts -€3,000
down €3,000 (-100%), from €3,000 to €0
- Other debts +€10,842
up €10,842 (+20.6%), from €52,725 to €63,567
- Trade debts +€9,525
up €9,525 (+85.2%), from €11,180 to €20,705
- Profit (loss) carried forward +€4,151
up €4,151 (+10.8%), from -€38,501 to -€34,350
- Tax, wage and social debts -€2,574
down €2,574 (-22.3%), from €11,561 to €8,987
of which Remuneration and social security: -€1,833
- Accrued charges and deferred income -€1,210
no longer reported in 2024 (was €1,210)
- Staff costs -€54,461
down €54,461 (-97.5%), from €55,850 to €1,389
- Gross operating margin -€27,954
down €27,954 (-62.8%), from €44,484 to €16,530
- Depreciation -€12,715
down €12,715 (-56.3%), from €22,569 to €9,854
- Financial charges -€798
down €798 (-59.8%), from €1,335 to €537
- Other operating charges -€447
down €447 (-42.7%), from €1,045 to €599
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,175 | €73,909 | +€20,734 | +39.0% |
| Fixed assets | 21/28 | €46,214 | €23,502 | -€22,712 | -49.1% |
| Tangible fixed assets | 22/27 | €46,214 | €23,502 | -€22,712 | -49.1% |
| Plant, machinery and equipment | 23 | €45,631 | €23,252 | -€22,379 | -49.0% |
| Furniture and vehicles | 24 | €583 | €250 | -€333 | -57.2% |
| Current assets | 29/58 | €6,961 | €50,407 | +€43,446 | +624% |
| Stocks and contracts in progress | 3 | €3,000 | €0 | -€3,000 | -100% |
| Stocks | 30/36 | €3,000 | €0 | -€3,000 | -100% |
| Amounts receivable within one year | 40/41 | €251 | €50,137 | +€49,886 | +19,875% |
| Trade receivables | 40 | - | €49,057 | +€49,057 | |
| Other amounts receivable | 41 | €251 | €1,080 | +€829 | +330% |
| Cash at bank and in hand | 54/58 | €3,710 | €270 | -€3,440 | -92.7% |
| Total equity and liabilities | 10/49 | €53,175 | €73,909 | +€20,734 | +39.0% |
| Equity | 10/15 | -€23,501 | -€19,350 | +€4,151 | +17.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,501 | -€34,350 | +€4,151 | +10.8% |
| Amounts payable | 17/49 | €76,676 | €93,259 | +€16,583 | +21.6% |
| Amounts payable within one year | 42/48 | €75,466 | €93,259 | +€17,793 | +23.6% |
| Trade debts | 44 | €11,180 | €20,705 | +€9,525 | +85.2% |
| Suppliers | 440/4 | €11,180 | €20,705 | +€9,525 | +85.2% |
| Taxes, remuneration and social security | 45 | €11,561 | €8,987 | -€2,574 | -22.3% |
| Taxes | 450/3 | €741 | €0 | -€741 | -100% |
| Remuneration and social security | 454/9 | €10,819 | €8,987 | -€1,833 | -16.9% |
| Other amounts payable | 47/48 | €52,725 | €63,567 | +€10,842 | +20.6% |
| Accrued charges and deferred income | 492/3 | €1,210 | - | -€1,210 | |
| Non-recurring operating income | 76A | - | €1,092 | +€1,092 | |
| Remuneration, social security and pensions | 62 | €55,850 | €1,389 | -€54,461 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,569 | €9,854 | -€12,715 | -56.3% |
| Other operating charges | 640/8 | €1,045 | €599 | -€447 | -42.7% |
| Non-recurring operating charges | 66A | €2,233 | €0 | -€2,233 | -100% |
| Gross operating margin | 9900 | €44,484 | €16,530 | -€27,954 | -62.8% |
| Operating profit (loss) | 9901 | -€37,215 | €4,688 | +€41,903 | |
| Financial income | 75/76B | €49 | €0 | -€49 | -100% |
| Recurring financial income | 75 | €49 | €0 | -€49 | -100% |
| Financial charges | 65/66B | €1,335 | €537 | -€798 | -59.8% |
| Recurring financial charges | 65 | €1,335 | €537 | -€798 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | -€38,501 | €4,151 | +€42,651 | |
| Profit (loss) for the period | 9904 | -€38,501 | €4,151 | +€42,651 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,501 | €4,151 | +€42,651 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.