SOLINE: 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.
SOLINE
Largest movements
- Tangible fixed assets -€3,494
down €3,494 (-5.4%), from €64,732 to €61,238
of which Land and buildings: -€4,882
- Receivables within one year -€2,772
down €2,772 (-4.6%), from €60,808 to €58,035
of which Other amounts receivable: -€2,442
- Profit (loss) carried forward -€42,553
down €42,553 (-63.1%), from €67,449 to €24,895
- Other debts +€35,114
up €35,114 (+43.6%), from €80,542 to €115,656
- Tax, wage and social debts +€4,215
up €4,215 (+92.9%), from €4,539 to €8,754
- Gross operating margin -€44,026
down €44,026, from €17,108 to -€26,918
- Financial charges +€1,516
up €1,516 (+34.8%), from €4,359 to €5,875
- Depreciation -€1,264
down €1,264 (-16.4%), from €7,701 to €6,437
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 | €266,220 | €262,238 | -€3,983 | -1.5% |
| Fixed assets | 21/28 | €64,732 | €61,238 | -€3,494 | -5.4% |
| Tangible fixed assets | 22/27 | €64,732 | €61,238 | -€3,494 | -5.4% |
| Land and buildings | 22 | €53,218 | €48,336 | -€4,882 | -9.2% |
| Plant, machinery and equipment | 23 | €3,269 | €2,843 | -€426 | -13.0% |
| Furniture and vehicles | 24 | €8,245 | €10,060 | +€1,814 | +22.0% |
| Current assets | 29/58 | €201,488 | €201,000 | -€489 | -0.2% |
| Amounts receivable within one year | 40/41 | €60,808 | €58,035 | -€2,772 | -4.6% |
| Trade receivables | 40 | €55,278 | €54,948 | -€330 | -0.6% |
| Other amounts receivable | 41 | €5,530 | €3,088 | -€2,442 | -44.2% |
| Cash at bank and in hand | 54/58 | €140,407 | €141,360 | +€953 | +0.7% |
| Deferred charges and accrued income | 490/1 | €274 | €1,604 | +€1,330 | +485.7% |
| Total equity and liabilities | 10/49 | €266,220 | €262,238 | -€3,983 | -1.5% |
| Equity | 10/15 | €177,200 | €134,646 | -€42,553 | -24.0% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €10,593 | €10,593 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,593 | €10,593 | = | 0.0% |
| Legal reserve | 130 | €10,593 | €10,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,449 | €24,895 | -€42,553 | -63.1% |
| Amounts payable | 17/49 | €89,021 | €127,592 | +€38,571 | +43.3% |
| Amounts payable within one year | 42/48 | €89,021 | €127,592 | +€38,571 | +43.3% |
| Trade debts | 44 | €3,939 | €3,181 | -€758 | -19.2% |
| Suppliers | 440/4 | €3,939 | €3,181 | -€758 | -19.2% |
| Taxes, remuneration and social security | 45 | €4,539 | €8,754 | +€4,215 | +92.9% |
| Taxes | 450/3 | €4,539 | €8,754 | +€4,215 | +92.9% |
| Other amounts payable | 47/48 | €80,542 | €115,656 | +€35,114 | +43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,701 | €6,437 | -€1,264 | -16.4% |
| Other operating charges | 640/8 | €3,195 | €3,070 | -€125 | -3.9% |
| Gross operating margin | 9900 | €17,108 | -€26,918 | -€44,026 | |
| Operating profit (loss) | 9901 | €6,212 | -€36,425 | -€42,637 | |
| Financial income | 75/76B | €107 | €28 | -€79 | -74.0% |
| Recurring financial income | 75 | €107 | €28 | -€79 | -74.0% |
| Financial charges | 65/66B | €4,359 | €5,875 | +€1,516 | +34.8% |
| Recurring financial charges | 65 | €4,359 | €5,875 | +€1,516 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €1,960 | -€42,272 | -€44,232 | |
| Income taxes | 67/77 | €256 | €281 | +€25 | +9.9% |
| Profit (loss) for the period | 9904 | €1,704 | -€42,553 | -€44,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,704 | -€42,553 | -€44,258 |
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 10 October 2026 via checked.be.