SOLIMADE: 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.
SOLIMADE
Largest movements
- Receivables within one year +€49,249
up €49,249 (+294.3%), from €16,736 to €65,985
of which Other amounts receivable: +€48,964
- Deferred charges and accrued income -€14,981
down €14,981 (-97.5%), from €15,360 to €379
- Cash +€11,755
up €11,755 (+11.6%), from €101,714 to €113,469
mainly Net result for the year (+€64,038) and Other debts (+€33,776)
- Reserves +€64,038
new in 2025: €64,038
- Profit (loss) carried forward -€57,773
down €57,773 (-71.3%), from €81,041 to €23,268
- Other debts +€33,776
up €33,776 (+506.8%), from €6,665 to €40,441
- Tax, wage and social debts +€15,012
up €15,012 (+647.2%), from €2,320 to €17,332
- Short-term financial debts -€9,375
down €9,375 (-68.2%), from €13,750 to €4,375
- Gross operating margin -€21,697
down €21,697 (-18.6%), from €116,761 to €95,065
- Depreciation -€6,327
down €6,327 (-95.0%), from €6,660 to €332
- Taxes +€2,845
up €2,845 (+10.4%), from €27,320 to €30,165
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 | €134,813 | €180,503 | +€45,690 | +33.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,002 | €670 | -€332 | -33.2% |
| Tangible fixed assets | 22/27 | €1,002 | €670 | -€332 | -33.2% |
| Furniture and vehicles | 24 | €1,002 | €670 | -€332 | -33.2% |
| Current assets | 29/58 | €133,811 | €179,833 | +€46,023 | +34.4% |
| Amounts receivable within one year | 40/41 | €16,736 | €65,985 | +€49,249 | +294.3% |
| Trade receivables | 40 | €10,424 | €10,709 | +€285 | +2.7% |
| Other amounts receivable | 41 | €6,312 | €55,276 | +€48,964 | +775.8% |
| Cash at bank and in hand | 54/58 | €101,714 | €113,469 | +€11,755 | +11.6% |
| Deferred charges and accrued income | 490/1 | €15,360 | €379 | -€14,981 | -97.5% |
| Total equity and liabilities | 10/49 | €134,813 | €180,503 | +€45,690 | +33.9% |
| Equity | 10/15 | €112,027 | €118,292 | +€6,265 | +5.6% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | - | €64,038 | +€64,038 | |
| Distributable reserves | 133 | - | €64,038 | +€64,038 | |
| Profit (loss) carried forward | 14 | €81,041 | €23,268 | -€57,773 | -71.3% |
| Amounts payable | 17/49 | €22,785 | €62,211 | +€39,425 | +173.0% |
| Amounts payable within one year | 42/48 | €22,785 | €62,211 | +€39,425 | +173.0% |
| Financial debts | 43 | €13,750 | €4,375 | -€9,375 | -68.2% |
| Credit institutions | 430/8 | €13,750 | €4,375 | -€9,375 | -68.2% |
| Trade debts | 44 | €51 | €63 | +€12 | +23.3% |
| Suppliers | 440/4 | €51 | €63 | +€12 | +23.3% |
| Taxes, remuneration and social security | 45 | €2,320 | €17,332 | +€15,012 | +647.2% |
| Taxes | 450/3 | €2,320 | €17,332 | +€15,012 | +647.2% |
| Other amounts payable | 47/48 | €6,665 | €40,441 | +€33,776 | +506.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,660 | €332 | -€6,327 | -95.0% |
| Other operating charges | 640/8 | €727 | €751 | +€24 | +3.3% |
| Gross operating margin | 9900 | €116,761 | €95,065 | -€21,697 | -18.6% |
| Operating profit (loss) | 9901 | €109,374 | €93,981 | -€15,393 | -14.1% |
| Financial income | 75/76B | - | €1,096 | +€1,096 | |
| Recurring financial income | 75 | - | €1,096 | +€1,096 | |
| Financial charges | 65/66B | €1,014 | €874 | -€140 | -13.8% |
| Recurring financial charges | 65 | €1,014 | €874 | -€140 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €108,360 | €94,203 | -€14,158 | -13.1% |
| Income taxes | 67/77 | €27,320 | €30,165 | +€2,845 | +10.4% |
| Profit (loss) for the period | 9904 | €81,041 | €64,038 | -€17,003 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €81,041 | €64,038 | -€17,003 | -21.0% |
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 29 September 2026 via checked.be.