Solina: 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.
Solina
Largest movements
- Cash +€29,924
up €29,924 (+153.6%), from €19,479 to €49,403
mainly Net result for the year (+€33,397) and Depreciation (+€12,185)
- Tangible fixed assets -€12,185
down €12,185 (-23.1%), from €52,815 to €40,629
- Receivables within one year +€7,421
up €7,421 (+73.0%), from €10,164 to €17,585
of which Other amounts receivable: +€6,937
- Reserves +€32,538
up €32,538 (+171.0%), from €19,023 to €51,561
- Debts after one year -€10,880
down €10,880 (-28.6%), from €37,985 to €27,105
- Tax, wage and social debts +€3,175
up €3,175 (+25.6%), from €12,397 to €15,572
- Gross operating margin +€21,699
up €21,699 (+61.9%), from €35,044 to €56,743
- Depreciation +€4,006
up €4,006 (+49.0%), from €8,179 to €12,185
- Taxes +€3,720
up €3,720 (+66.4%), from €5,600 to €9,320
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 | €84,825 | €110,019 | +€25,194 | +29.7% |
| Fixed assets | 21/28 | €52,815 | €40,629 | -€12,185 | -23.1% |
| Tangible fixed assets | 22/27 | €52,815 | €40,629 | -€12,185 | -23.1% |
| Furniture and vehicles | 24 | €52,815 | €40,629 | -€12,185 | -23.1% |
| Current assets | 29/58 | €32,010 | €69,390 | +€37,380 | +116.8% |
| Amounts receivable within one year | 40/41 | €10,164 | €17,585 | +€7,421 | +73.0% |
| Trade receivables | 40 | €10,164 | €10,648 | +€484 | +4.8% |
| Other amounts receivable | 41 | - | €6,937 | +€6,937 | |
| Cash at bank and in hand | 54/58 | €19,479 | €49,403 | +€29,924 | +153.6% |
| Deferred charges and accrued income | 490/1 | €2,368 | €2,403 | +€35 | +1.5% |
| Total equity and liabilities | 10/49 | €84,825 | €110,019 | +€25,194 | +29.7% |
| Equity | 10/15 | €21,023 | €53,561 | +€32,538 | +154.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €19,023 | €51,561 | +€32,538 | +171.0% |
| Distributable reserves | 133 | €19,023 | €51,561 | +€32,538 | +171.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,802 | €56,459 | -€7,344 | -11.5% |
| Amounts payable after more than one year | 17 | €37,985 | €27,105 | -€10,880 | -28.6% |
| Financial debts | 170/4 | €37,985 | €27,105 | -€10,880 | -28.6% |
| Amounts payable within one year | 42/48 | €25,817 | €29,354 | +€3,536 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €10,463 | €10,880 | +€417 | +4.0% |
| Trade debts | 44 | €1,795 | €2,042 | +€248 | +13.8% |
| Suppliers | 440/4 | €1,795 | €2,042 | +€248 | +13.8% |
| Taxes, remuneration and social security | 45 | €12,397 | €15,572 | +€3,175 | +25.6% |
| Taxes | 450/3 | €12,397 | €15,572 | +€3,175 | +25.6% |
| Other amounts payable | 47/48 | €1,163 | €859 | -€304 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,179 | €12,185 | +€4,006 | +49.0% |
| Other operating charges | 640/8 | - | €209 | +€209 | |
| Gross operating margin | 9900 | €35,044 | €56,743 | +€21,699 | +61.9% |
| Operating profit (loss) | 9901 | €26,864 | €44,348 | +€17,484 | +65.1% |
| Financial income | 75/76B | - | €152 | +€152 | |
| Recurring financial income | 75 | - | €152 | +€152 | |
| Financial charges | 65/66B | €1,408 | €1,784 | +€376 | +26.7% |
| Recurring financial charges | 65 | €1,408 | €1,784 | +€376 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €25,456 | €42,716 | +€17,261 | +67.8% |
| Income taxes | 67/77 | €5,600 | €9,320 | +€3,720 | +66.4% |
| Profit (loss) for the period | 9904 | €19,856 | €33,397 | +€13,541 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,856 | €33,397 | +€13,541 | +68.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.