Solido: 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.
Solido
Largest movements
- Cash +€68,107
up €68,107 (+357%), from €19,099 to €87,206
mainly Net result for the year (+€42,220) and Other debts (+€40,000)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Tangible fixed assets -€19,175
down €19,175 (-4.1%), from €464,401 to €445,226
of which Land and buildings: -€18,082
- Reserves +€47,006
up €47,006 (+52.2%), from €90,000 to €137,006
- Profit (loss) carried forward -€44,786
down €44,786 (-95.3%), from €47,006 to €2,220
- Debts after one year -€41,466
down €41,466 (-17.2%), from €240,489 to €199,022
of which Financial debts: -€61,656
- Other debts +€40,000
up €40,000 (+714%), from €5,600 to €45,600
- Financial charges -€1,636
down €1,636 (-10.3%), from €15,834 to €14,199
of which Financial charges: -€1,635
- Other operating charges -€1,619
down €1,619 (-17.0%), from €9,508 to €7,889
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 | €526,968 | €532,682 | +€5,713 | +1.1% |
| Fixed assets | 21/28 | €464,651 | €445,476 | -€19,175 | -4.1% |
| Tangible fixed assets | 22/27 | €464,401 | €445,226 | -€19,175 | -4.1% |
| Land and buildings | 22 | €462,237 | €444,155 | -€18,082 | -3.9% |
| Plant, machinery and equipment | 23 | €2,164 | €1,071 | -€1,093 | -50.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €62,318 | €87,206 | +€24,888 | +39.9% |
| Amounts receivable within one year | 40/41 | €3,219 | - | -€3,219 | |
| Other amounts receivable | 41 | €3,219 | - | -€3,219 | |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €19,099 | €87,206 | +€68,107 | +357% |
| Total equity and liabilities | 10/49 | €526,968 | €532,682 | +€5,713 | +1.1% |
| Equity | 10/15 | €237,006 | €239,226 | +€2,220 | +0.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €90,000 | €137,006 | +€47,006 | +52.2% |
| Distributable reserves | 133 | €90,000 | €137,006 | +€47,006 | +52.2% |
| Profit (loss) carried forward | 14 | €47,006 | €2,220 | -€44,786 | -95.3% |
| Amounts payable | 17/49 | €289,963 | €293,456 | +€3,493 | +1.2% |
| Amounts payable after more than one year | 17 | €240,489 | €199,022 | -€41,466 | -17.2% |
| Financial debts | 170/4 | €140,489 | €78,832 | -€61,656 | -43.9% |
| Other amounts payable | 178/9 | €100,000 | €120,190 | +€20,190 | +20.2% |
| Amounts payable within one year | 42/48 | €49,448 | €94,434 | +€44,986 | +91.0% |
| Current portion of amounts payable after more than one year | 42 | €40,952 | €42,626 | +€1,675 | +4.1% |
| Trade debts | 44 | €496 | €2,906 | +€2,409 | +485% |
| Suppliers | 440/4 | €496 | €2,906 | +€2,409 | +485% |
| Taxes, remuneration and social security | 45 | €2,400 | €3,302 | +€902 | +37.6% |
| Taxes | 450/3 | €2,400 | €3,302 | +€902 | +37.6% |
| Other amounts payable | 47/48 | €5,600 | €45,600 | +€40,000 | +714% |
| Accrued charges and deferred income | 492/3 | €26 | - | -€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,510 | €19,175 | -€336 | -1.7% |
| Other operating charges | 640/8 | €9,508 | €7,889 | -€1,619 | -17.0% |
| Gross operating margin | 9900 | €96,027 | €96,823 | +€796 | +0.8% |
| Operating profit (loss) | 9901 | €67,008 | €69,759 | +€2,751 | +4.1% |
| Financial income | 75/76B | €1,478 | €765 | -€713 | -48.2% |
| Recurring financial income | 75 | €1,478 | €765 | -€713 | -48.2% |
| Financial charges | 65/66B | €15,834 | €14,199 | -€1,636 | -10.3% |
| Recurring financial charges | 65 | €15,833 | €14,199 | -€1,635 | -10.3% |
| Non-recurring financial charges | 66B | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | €52,652 | €56,326 | +€3,674 | +7.0% |
| Income taxes | 67/77 | €13,225 | €14,106 | +€880 | +6.7% |
| Profit (loss) for the period | 9904 | €39,427 | €42,220 | +€2,793 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,427 | €42,220 | +€2,793 | +7.1% |
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 21 October 2026 via checked.be.