SOLIGERE: 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.
SOLIGERE
Largest movements
- Tangible fixed assets -€83,321
down €83,321 (-29.4%), from €283,545 to €200,224
of which Furniture and vehicles: -€56,985
- Cash +€81,675
up €81,675 (+42.9%), from €190,273 to €271,948
mainly Net result for the year (+€325,843) and Other debts (+€123,545)
- Receivables within one year +€63,536
up €63,536 (+14.7%), from €433,412 to €496,948
of which Trade receivables: +€75,919
- Current investments -€30,000
down €30,000 (-23.1%), from €130,000 to €100,000
- Intangible fixed assets +€19,779
up €19,779 (+103.6%), from €19,096 to €38,875
- Other debts +€123,545
up €123,545 (+106.0%), from €116,513 to €240,058
- Reserves -€49,200
down €49,200 (-6.8%), from €725,590 to €676,390
- Gross operating margin +€97,518
up €97,518 (+8.8%), from €1.1m to €1.2m
- Staff costs +€94,832
up €94,832 (+17.5%), from €540,827 to €635,660
- Write-downs -€16,746
down €16,746 (-78.8%), from €21,260 to €4,514
- Taxes +€13,695
up €13,695 (+11.0%), from €124,972 to €138,667
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 | €1,112,877 | €1,167,951 | +€55,073 | +4.9% |
| Fixed assets | 21/28 | €302,641 | €239,098 | -€63,543 | -21.0% |
| Intangible fixed assets | 21 | €19,096 | €38,875 | +€19,779 | +103.6% |
| Tangible fixed assets | 22/27 | €283,545 | €200,224 | -€83,321 | -29.4% |
| Furniture and vehicles | 24 | €174,793 | €117,808 | -€56,985 | -32.6% |
| Other tangible fixed assets | 26 | €108,752 | €82,416 | -€26,336 | -24.2% |
| Current assets | 29/58 | €810,236 | €928,852 | +€118,616 | +14.6% |
| Amounts receivable within one year | 40/41 | €433,412 | €496,948 | +€63,536 | +14.7% |
| Trade receivables | 40 | €411,977 | €487,897 | +€75,919 | +18.4% |
| Other amounts receivable | 41 | €21,434 | €9,051 | -€12,383 | -57.8% |
| Current investments | 50/53 | €130,000 | €100,000 | -€30,000 | -23.1% |
| Cash at bank and in hand | 54/58 | €190,273 | €271,948 | +€81,675 | +42.9% |
| Deferred charges and accrued income | 490/1 | €56,552 | €59,956 | +€3,404 | +6.0% |
| Total equity and liabilities | 10/49 | €1,112,877 | €1,167,951 | +€55,073 | +4.9% |
| Equity | 10/15 | €726,090 | €676,890 | -€49,200 | -6.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €725,590 | €676,390 | -€49,200 | -6.8% |
| Distributable reserves | 133 | €725,590 | €676,390 | -€49,200 | -6.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €386,787 | €491,061 | +€104,274 | +27.0% |
| Amounts payable within one year | 42/48 | €385,925 | €491,031 | +€105,106 | +27.2% |
| Trade debts | 44 | €84,048 | €76,054 | -€7,995 | -9.5% |
| Suppliers | 440/4 | €84,048 | €76,054 | -€7,995 | -9.5% |
| Taxes, remuneration and social security | 45 | €185,364 | €174,919 | -€10,445 | -5.6% |
| Taxes | 450/3 | €124,725 | €112,114 | -€12,611 | -10.1% |
| Remuneration and social security | 454/9 | €60,639 | €62,805 | +€2,166 | +3.6% |
| Other amounts payable | 47/48 | €116,513 | €240,058 | +€123,545 | +106.0% |
| Accrued charges and deferred income | 492/3 | €862 | €30 | -€832 | -96.5% |
| Remuneration, social security and pensions | 62 | €540,827 | €635,660 | +€94,832 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,449 | €95,556 | -€5,893 | -5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,260 | €4,514 | -€16,746 | -78.8% |
| Other operating charges | 640/8 | €6,549 | €7,157 | +€609 | +9.3% |
| Gross operating margin | 9900 | €1,106,973 | €1,204,490 | +€97,518 | +8.8% |
| Operating profit (loss) | 9901 | €436,887 | €461,603 | +€24,716 | +5.7% |
| Financial income | 75/76B | €2,215 | €3,432 | +€1,216 | +54.9% |
| Recurring financial income | 75 | €2,215 | €3,432 | +€1,216 | +54.9% |
| Financial charges | 65/66B | €328 | €524 | +€196 | +59.7% |
| Recurring financial charges | 65 | €328 | €524 | +€196 | +59.7% |
| Profit (loss) for the period before taxes | 9903 | €438,774 | €464,510 | +€25,736 | +5.9% |
| Income taxes | 67/77 | €124,972 | €138,667 | +€13,695 | +11.0% |
| Profit (loss) for the period | 9904 | €313,802 | €325,843 | +€12,041 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €313,802 | €325,843 | +€12,041 | +3.8% |
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 9 October 2026 via checked.be.