SOLIENA: 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.
SOLIENA
Largest movements
- Tangible fixed assets -€67,052
down €67,052 (-6.5%), from €1.0m to €969,300
of which Land and buildings: -€53,253
- Intangible fixed assets -€57,500
down €57,500 (-13.3%), from €431,014 to €373,514
- Stocks and contracts -€23,005
down €23,005 (-14.0%), from €164,375 to €141,370
- Debts after one year -€119,988
down €119,988 (-11.1%), from €1.1m to €957,824
- Current portion of long-term debt -€20,586
down €20,586 (-14.0%), from €146,820 to €126,234
- Reserves +€19,028
up €19,028 (+36.7%), from €51,786 to €70,813
of which Distributable reserves: +€19,028
- Financial charges -€14,535
down €14,535 (-27.2%), from €53,388 to €38,852
- Gross operating margin -€13,365
down €13,365 (-6.8%), from €196,016 to €182,651
- Depreciation +€9,460
up €9,460 (+8.6%), from €109,379 to €118,839
- Taxes -€7,784
down €7,784 (-73.7%), from €10,566 to €2,782
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 | €1,721,329 | €1,567,999 | -€153,329 | -8.9% |
| Fixed assets | 21/28 | €1,467,366 | €1,342,814 | -€124,552 | -8.5% |
| Intangible fixed assets | 21 | €431,014 | €373,514 | -€57,500 | -13.3% |
| Tangible fixed assets | 22/27 | €1,036,352 | €969,300 | -€67,052 | -6.5% |
| Land and buildings | 22 | €982,395 | €929,142 | -€53,253 | -5.4% |
| Plant, machinery and equipment | 23 | €24,779 | €18,262 | -€6,517 | -26.3% |
| Furniture and vehicles | 24 | €29,178 | €21,896 | -€7,282 | -25.0% |
| Current assets | 29/58 | €253,963 | €225,185 | -€28,778 | -11.3% |
| Stocks and contracts in progress | 3 | €164,375 | €141,370 | -€23,005 | -14.0% |
| Stocks | 30/36 | €164,375 | €141,370 | -€23,005 | -14.0% |
| Amounts receivable within one year | 40/41 | €75,992 | €74,370 | -€1,621 | -2.1% |
| Trade receivables | 40 | €74,807 | €74,370 | -€437 | -0.6% |
| Other amounts receivable | 41 | €1,184 | - | -€1,184 | |
| Cash at bank and in hand | 54/58 | €4,878 | €2,720 | -€2,159 | -44.3% |
| Deferred charges and accrued income | 490/1 | €8,718 | €6,725 | -€1,992 | -22.9% |
| Total equity and liabilities | 10/49 | €1,721,329 | €1,567,999 | -€153,329 | -8.9% |
| Equity | 10/15 | €78,283 | €97,310 | +€19,028 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,786 | €70,813 | +€19,028 | +36.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,926 | €68,953 | +€19,028 | +38.1% |
| Profit (loss) carried forward | 14 | €7,897 | €7,897 | = | 0.0% |
| Amounts payable | 17/49 | €1,643,046 | €1,470,689 | -€172,357 | -10.5% |
| Amounts payable after more than one year | 17 | €1,077,811 | €957,824 | -€119,988 | -11.1% |
| Financial debts | 170/4 | €1,077,811 | €957,824 | -€119,988 | -11.1% |
| Amounts payable within one year | 42/48 | €565,154 | €512,601 | -€52,554 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €146,820 | €126,234 | -€20,586 | -14.0% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €151,983 | €135,790 | -€16,193 | -10.7% |
| Suppliers | 440/4 | €151,983 | €135,790 | -€16,193 | -10.7% |
| Taxes, remuneration and social security | 45 | €13,401 | €8,716 | -€4,685 | -35.0% |
| Taxes | 450/3 | €13,401 | €8,716 | -€4,685 | -35.0% |
| Other amounts payable | 47/48 | €152,950 | €141,860 | -€11,090 | -7.3% |
| Accrued charges and deferred income | 492/3 | €81 | €265 | +€184 | +228% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,379 | €118,839 | +€9,460 | +8.6% |
| Other operating charges | 640/8 | €3,233 | €3,150 | -€84 | -2.6% |
| Gross operating margin | 9900 | €196,016 | €182,651 | -€13,365 | -6.8% |
| Operating profit (loss) | 9901 | €83,404 | €60,662 | -€22,742 | -27.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €53,388 | €38,852 | -€14,535 | -27.2% |
| Recurring financial charges | 65 | €53,388 | €38,852 | -€14,535 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €30,016 | €21,810 | -€8,207 | -27.3% |
| Income taxes | 67/77 | €10,566 | €2,782 | -€7,784 | -73.7% |
| Profit (loss) for the period | 9904 | €19,451 | €19,028 | -€423 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,451 | €19,028 | -€423 | -2.2% |
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 21 October 2026 via checked.be.