Solidum Construct: 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.
Solidum Construct
Largest movements
- Stocks and contracts +€2.3m
up €2.3m (+218.2%), from €1.1m to €3.3m
- Receivables within one year -€257,003
down €257,003 (-56.5%), from €454,779 to €197,775
of which Trade receivables: -€293,713
- Cash +€156,161
up €156,161 (+621.7%), from €25,118 to €181,279
mainly Short-term financial debts (+€1.8m) and Advances received (+€608,144)
- Short-term financial debts +€1.8m
up €1.8m, from €0 to €1.8m
- Advances received +€608,144
up €608,144 (+99.5%), from €610,992 to €1.2m
- Trade debts -€127,795
down €127,795 (-34.5%), from €370,435 to €242,640
- Other debts -€74,666
down €74,666 (-17.2%), from €434,214 to €359,548
- Gross operating margin -€260,063
down €260,063, from €237,944 to -€22,120
- Financial income -€22,078
down €22,078 (-100.0%), from €22,078 to €0
- Financial charges -€13,070
down €13,070 (-100.0%), from €13,070 to €0
- Taxes -€11,800
down €11,800 (-100.0%), from €11,800 to €0
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.
Cash bridge derived
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 | €1,535,190 | €3,727,066 | +€2.2m | +142.8% |
| Current assets | 29/58 | €1,535,190 | €3,727,066 | +€2.2m | +142.8% |
| Stocks and contracts in progress | 3 | €1,052,019 | €3,348,012 | +€2.3m | +218.2% |
| Stocks | 30/36 | €1,052,019 | €3,348,012 | +€2.3m | +218.2% |
| Amounts receivable within one year | 40/41 | €454,779 | €197,775 | -€257,003 | -56.5% |
| Trade receivables | 40 | €442,748 | €149,035 | -€293,713 | -66.3% |
| Other amounts receivable | 41 | €12,030 | €48,740 | +€36,710 | +305.2% |
| Cash at bank and in hand | 54/58 | €25,118 | €181,279 | +€156,161 | +621.7% |
| Deferred charges and accrued income | 490/1 | €3,274 | €0 | -€3,274 | -100.0% |
| Total equity and liabilities | 10/49 | €1,535,190 | €3,727,066 | +€2.2m | +142.8% |
| Equity | 10/15 | €107,296 | €84,464 | -€22,832 | -21.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,296 | €34,464 | -€22,832 | -39.8% |
| Amounts payable | 17/49 | €1,427,893 | €3,642,603 | +€2.2m | +155.1% |
| Amounts payable within one year | 42/48 | €1,427,441 | €3,642,603 | +€2.2m | +155.2% |
| Financial debts | 43 | €0 | €1,809,479 | +€1.8m | |
| Credit institutions | 430/8 | €0 | €1,809,479 | +€1.8m | |
| Trade debts | 44 | €370,435 | €242,640 | -€127,795 | -34.5% |
| Suppliers | 440/4 | €370,435 | €242,640 | -€127,795 | -34.5% |
| Advances received on contracts in progress | 46 | €610,992 | €1,219,137 | +€608,144 | +99.5% |
| Taxes, remuneration and social security | 45 | €11,800 | €11,800 | = | 0.0% |
| Taxes | 450/3 | €11,800 | €11,800 | = | 0.0% |
| Other amounts payable | 47/48 | €434,214 | €359,548 | -€74,666 | -17.2% |
| Accrued charges and deferred income | 492/3 | €453 | €0 | -€453 | -100.0% |
| Other operating charges | 640/8 | €115 | €713 | +€598 | +519.7% |
| Gross operating margin | 9900 | €237,944 | -€22,120 | -€260,063 | |
| Operating profit (loss) | 9901 | €237,829 | -€22,832 | -€260,661 | |
| Financial income | 75/76B | €22,078 | €0 | -€22,078 | -100.0% |
| Recurring financial income | 75 | €22,078 | €0 | -€22,078 | -100.0% |
| Financial charges | 65/66B | €13,070 | €0 | -€13,070 | -100.0% |
| Recurring financial charges | 65 | €13,070 | €0 | -€13,070 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €246,836 | -€22,832 | -€269,669 | |
| Income taxes | 67/77 | €11,800 | €0 | -€11,800 | -100.0% |
| Profit (loss) for the period | 9904 | €235,037 | -€22,832 | -€257,869 | |
| Profit (loss) for the period to be appropriated | 9905 | €235,037 | -€22,832 | -€257,869 |
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 10 October 2026 via checked.be.