SOLIDprogress: 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.
SOLIDprogress
Largest movements
- Cash -€19,651
down €19,651 (-29.3%), from €67,014 to €47,363
mainly Other debts (-€29,518) and Tax, wage and social debts (-€8,248)
- Receivables within one year -€17,119
down €17,119 (-52.6%), from €32,524 to €15,406
of which Trade receivables: -€18,967
- Other debts -€29,518
down €29,518 (-41.6%), from €71,023 to €41,505
- Tax, wage and social debts -€8,248
down €8,248 (-93.5%), from €8,822 to €574
- Reserves +€3,096
up €3,096 (+166.5%), from €1,860 to €4,956
- Trade debts -€2,981
down €2,981 (-94.1%), from €3,169 to €188
- Gross operating margin -€51,964
down €51,964 (-81.1%), from €64,089 to €12,125
- Taxes -€9,123
down €9,123 (-79.8%), from €11,435 to €2,312
- Depreciation +€657
up €657 (+236.0%), from €278 to €935
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 | €103,474 | €65,823 | -€37,651 | -36.4% |
| Fixed assets | 21/28 | €2,826 | €1,891 | -€935 | -33.1% |
| Tangible fixed assets | 22/27 | €2,526 | €1,591 | -€935 | -37.0% |
| Furniture and vehicles | 24 | €2,526 | €1,591 | -€935 | -37.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €100,648 | €63,932 | -€36,716 | -36.5% |
| Amounts receivable within one year | 40/41 | €32,524 | €15,406 | -€17,119 | -52.6% |
| Trade receivables | 40 | €32,253 | €13,286 | -€18,967 | -58.8% |
| Other amounts receivable | 41 | €272 | €2,120 | +€1,848 | +680.5% |
| Cash at bank and in hand | 54/58 | €67,014 | €47,363 | -€19,651 | -29.3% |
| Deferred charges and accrued income | 490/1 | €1,109 | €1,163 | +€54 | +4.9% |
| Total equity and liabilities | 10/49 | €103,474 | €65,823 | -€37,651 | -36.4% |
| Equity | 10/15 | €20,460 | €23,556 | +€3,096 | +15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €4,956 | +€3,096 | +166.5% |
| Distributable reserves | 133 | €1,860 | €4,956 | +€3,096 | +166.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €83,014 | €42,267 | -€40,747 | -49.1% |
| Amounts payable within one year | 42/48 | €83,014 | €42,267 | -€40,747 | -49.1% |
| Trade debts | 44 | €3,169 | €188 | -€2,981 | -94.1% |
| Suppliers | 440/4 | €3,169 | €188 | -€2,981 | -94.1% |
| Taxes, remuneration and social security | 45 | €8,822 | €574 | -€8,248 | -93.5% |
| Taxes | 450/3 | €8,822 | €574 | -€8,248 | -93.5% |
| Other amounts payable | 47/48 | €71,023 | €41,505 | -€29,518 | -41.6% |
| Non-recurring operating income | 76A | €9,000 | €0 | -€9,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €935 | +€657 | +236.0% |
| Other operating charges | 640/8 | €1,317 | €698 | -€618 | -47.0% |
| Gross operating margin | 9900 | €64,089 | €12,125 | -€51,964 | -81.1% |
| Operating profit (loss) | 9901 | €62,494 | €10,493 | -€52,002 | -83.2% |
| Financial income | 75/76B | €282 | €268 | -€14 | -5.0% |
| Recurring financial income | 75 | €282 | €268 | -€14 | -5.0% |
| Financial charges | 65/66B | €5,471 | €5,353 | -€119 | -2.2% |
| Recurring financial charges | 65 | €5,471 | €5,353 | -€119 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €57,306 | €5,408 | -€51,897 | -90.6% |
| Income taxes | 67/77 | €11,435 | €2,312 | -€9,123 | -79.8% |
| Profit (loss) for the period | 9904 | €45,870 | €3,096 | -€42,774 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,870 | €3,096 | -€42,774 | -93.2% |
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 10 October 2026 via checked.be.