SOLIDUS SOLUTIONS BELGIUM: 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.
What changed
SOLIDUS SOLUTIONS BELGIUM
NACE 28.950, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €1.8m-€437,483
Equity
€10.9m
2024 · €13.5m-€2.6m
Cash
€143,946
2024 · €47,979+€95,967
Balance sheet total
€53.7m
2024 · €50.1m+€3.6m
Largest movements
Assets
- Financial fixed assets +€2.3m
up €2.3m (+20.4%), from €11.2m to €13.5m
of which Affiliated companies: +€2.3m
- Stocks and contracts +€1.5m
up €1.5m (+20.9%), from €7.0m to €8.4m
Equity and liabilities
- Other debts +€9.4m
up €9.4m (+242.0%), from €3.9m to €13.2m
- Profit (loss) carried forward -€2.6m
down €2.6m (-64.8%), from €4.1m to €1.4m
- Short-term financial debts -€2.6m
down €2.6m (-100.0%), from €2.6m to €0
- Debts after one year -€1.2m
down €1.2m (-7.9%), from €15.7m to €14.4m
- Trade debts +€936,658
up €936,658 (+25.2%), from €3.7m to €4.6m
Income statement
- Services and other goods +€1.2m
up €1.2m (+11.9%), from €10.3m to €11.5m
- Financial charges -€1.1m
down €1.1m (-62.1%), from €1.7m to €645,952
- Depreciation +€997,284
up €997,284 (+50.4%), from €2.0m to €3.0m
- Turnover +€684,970
up €684,970 (+1.1%), from €60.2m to €60.8m
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.
Result 2024
€1.8m
Turnover
+€684,970
Other operating income
+€314,363
Goods and materials
-€570,366
Services and other goods
-€1.2m
Staff costs
-€504,425
Depreciation
-€997,284
Write-downs
+€146,197
Provisions
+€272,654
Other operating charges
-€5,108
Other operating items
-€19,695
Financial income
+€250,487
Financial charges
+€1.1m
Taxes
+€153,268
Result 2025
€1.4m
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.
From operations
+€13.0m
Investment
-€5.0m
Financing
-€7.9m
Cash 2024
€47,979
From operations (derived)
+€13.0m
Net result for the year
+€1.4m
Depreciation
+€3.0m
Stocks and contracts
-€1.5m
Receivables within one year
+€293,580
Deferred charges and accrued income
-€339,102
Provisions
-€236,368
Trade debts
+€936,658
Tax, wage and social debts
+€564,115
Other debts
+€9.4m
Accrued charges and deferred income
-€481,030
Investment (derived)
-€5.0m
Investment in fixed assets (net)
-€5.0m
Financing
-€7.9m
Debts after one year
-€1.2m
Current portion of long-term debt
-€37,688
Short-term financial debts
-€2.6m
Contributions, distributions and other
-€4.0m
Cash 2025
€143,946
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,058,054 | €53,671,892 | +€3.6m | +7.2% |
| Fixed assets | 21/28 | €35,436,633 | €37,451,467 | +€2.0m | +5.7% |
| Intangible fixed assets | 21 | €24,394 | €15,981 | -€8,413 | -34.5% |
| Tangible fixed assets | 22/27 | €24,188,736 | €23,919,772 | -€268,964 | -1.1% |
| Land and buildings | 22 | €1,163,083 | €1,067,409 | -€95,674 | -8.2% |
| Plant, machinery and equipment | 23 | €6,043,404 | €5,709,551 | -€333,853 | -5.5% |
| Leasing and similar rights | 25 | €16,959,456 | €17,142,812 | +€183,356 | +1.1% |
| Assets under construction and advance payments | 27 | €22,792 | €0 | -€22,792 | -100.0% |
| Financial fixed assets | 28 | €11,223,503 | €13,515,714 | +€2.3m | +20.4% |
| Affiliated companies | 280/1 | €11,223,203 | €13,499,814 | +€2.3m | +20.3% |
| Amounts receivable | 281 | €11,223,203 | €13,499,814 | +€2.3m | +20.3% |
| Other financial fixed assets | 284/8 | €300 | €15,900 | +€15,600 | +5200.0% |
| Amounts receivable and cash guarantees | 285/8 | €300 | €15,900 | +€15,600 | +5200.0% |
| Current assets | 29/58 | €14,621,421 | €16,220,425 | +€1.6m | +10.9% |
| Stocks and contracts in progress | 3 | €6,974,139 | €8,431,654 | +€1.5m | +20.9% |
| Stocks | 30/36 | €6,974,139 | €8,431,654 | +€1.5m | +20.9% |
| Raw materials and consumables | 30/31 | €3,113,756 | €4,349,131 | +€1.2m | +39.7% |
| Work in progress | 32 | €197,800 | €222,688 | +€24,889 | +12.6% |
| Finished goods | 33 | €3,662,583 | €3,859,835 | +€197,252 | +5.4% |
| Amounts receivable within one year | 40/41 | €7,407,201 | €7,113,621 | -€293,580 | -4.0% |
| Trade receivables | 40 | €1,258,301 | €828,950 | -€429,351 | -34.1% |
| Other amounts receivable | 41 | €6,148,900 | €6,284,671 | +€135,771 | +2.2% |
| Cash at bank and in hand | 54/58 | €47,979 | €143,946 | +€95,967 | +200.0% |
| Deferred charges and accrued income | 490/1 | €192,102 | €531,204 | +€339,102 | +176.5% |
| Total equity and liabilities | 10/49 | €50,058,054 | €53,671,892 | +€3.6m | +7.2% |
| Equity | 10/15 | €13,494,024 | €10,856,285 | -€2.6m | -19.5% |
| Contributions | 10/11 | €9,422,959 | €9,422,959 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,071,065 | €1,433,327 | -€2.6m | -64.8% |
| Provisions and deferred taxes | 16 | €470,035 | €233,667 | -€236,368 | -50.3% |
| Provisions for liabilities and charges | 160/5 | €470,035 | €233,667 | -€236,368 | -50.3% |
| Pensions and similar obligations | 160 | €470,035 | €233,667 | -€236,368 | -50.3% |
| Amounts payable | 17/49 | €36,093,995 | €42,581,940 | +€6.5m | +18.0% |
| Amounts payable after more than one year | 17 | €15,667,895 | €14,433,223 | -€1.2m | -7.9% |
| Financial debts | 170/4 | €15,667,895 | €14,433,223 | -€1.2m | -7.9% |
| Leasing and similar obligations | 172 | €15,667,895 | €14,433,223 | -€1.2m | -7.9% |
| Amounts payable within one year | 42/48 | €14,533,488 | €22,737,135 | +€8.2m | +56.4% |
| Current portion of amounts payable after more than one year | 42 | €1,725,053 | €1,687,365 | -€37,688 | -2.2% |
| Financial debts | 43 | €2,625,000 | €0 | -€2.6m | -100.0% |
| Credit institutions | 430/8 | €2,625,000 | €0 | -€2.6m | -100.0% |
| Trade debts | 44 | €3,711,396 | €4,648,053 | +€936,658 | +25.2% |
| Suppliers | 440/4 | €3,711,396 | €4,648,053 | +€936,658 | +25.2% |
| Taxes, remuneration and social security | 45 | €2,601,750 | €3,165,866 | +€564,115 | +21.7% |
| Taxes | 450/3 | €793,855 | €1,320,640 | +€526,785 | +66.4% |
| Remuneration and social security | 454/9 | €1,807,895 | €1,845,226 | +€37,331 | +2.1% |
| Other amounts payable | 47/48 | €3,870,289 | €13,235,851 | +€9.4m | +242.0% |
| Accrued charges and deferred income | 492/3 | €5,892,612 | €5,411,583 | -€481,030 | -8.2% |
| Operating income | 70/76A | €68,122,899 | €69,102,537 | +€979,638 | +1.4% |
| Turnover | 70 | €60,151,923 | €60,836,894 | +€684,970 | +1.1% |
| Other operating income | 74 | €7,470,251 | €7,784,614 | +€314,363 | +4.2% |
| Non-recurring operating income | 76A | €500,724 | €481,030 | -€19,695 | -3.9% |
| Operating charges | 60/66A | €65,592,867 | €68,470,681 | +€2.9m | +4.4% |
| Goods for resale, raw materials and consumables | 60 | €43,644,935 | €44,215,302 | +€570,366 | +1.3% |
| Purchases | 600/8 | €45,121,740 | €45,751,181 | +€629,441 | +1.4% |
| Change in stocks: decrease (increase) | 609 | -€1,476,805 | -€1,535,879 | -€59,074 | -4.0% |
| Services and other goods | 61 | €10,273,607 | €11,493,087 | +€1.2m | +11.9% |
| Remuneration, social security and pensions | 62 | €9,169,875 | €9,674,301 | +€504,425 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,978,160 | €2,975,444 | +€997,284 | +50.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €224,561 | €78,364 | -€146,197 | -65.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €36,286 | -€236,368 | -€272,654 | |
| Other operating charges | 640/8 | €265,442 | €270,551 | +€5,108 | +1.9% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Operating profit (loss) | 9901 | €2,530,032 | €631,856 | -€1.9m | -75.0% |
| Financial income | 75/76B | €1,577,165 | €1,827,652 | +€250,487 | +15.9% |
| Recurring financial income | 75 | €1,577,165 | €1,827,652 | +€250,487 | +15.9% |
| Income from financial fixed assets | 750 | €1,033,769 | €1,815,958 | +€782,189 | +75.7% |
| Other financial income | 752/9 | €543,396 | €11,694 | -€531,702 | -97.8% |
| Financial charges | 65/66B | €1,702,890 | €645,952 | -€1.1m | -62.1% |
| Recurring financial charges | 65 | €1,702,890 | €645,952 | -€1.1m | -62.1% |
| Debt charges | 650 | €1,060,307 | €395,303 | -€665,004 | -62.7% |
| Other financial charges | 652/9 | €642,583 | €250,649 | -€391,934 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €2,404,307 | €1,813,556 | -€590,751 | -24.6% |
| Income taxes | 67/77 | €604,562 | €451,295 | -€153,268 | -25.4% |
| Taxes | 670/3 | €688,258 | €541,128 | -€147,130 | -21.4% |
| Tax adjustments and reversals of tax provisions | 77 | €83,696 | €89,834 | +€6,138 | +7.3% |
| Profit (loss) for the period | 9904 | €1,799,745 | €1,362,262 | -€437,483 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,799,745 | €1,362,262 | -€437,483 | -24.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.