SOLINE: 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.
SOLINE
Largest movements
- Cash +€3,821
up €3,821 (+94.4%), from €4,049 to €7,870
mainly Depreciation (+€3,321) and Net result for the year (+€2,565)
- Tangible fixed assets -€3,322
down €3,322 (-6.0%), from €55,528 to €52,206
of which Land and buildings: -€2,104
- Receivables within one year +€2,066
up €2,066 (+1070.5%), from €193 to €2,259
- Profit (loss) carried forward +€2,565
up €2,565 (+48.9%), from -€5,243 to -€2,678
- Gross operating margin +€2,133
up €2,133 (+35.0%), from €6,086 to €8,219
- Other operating charges -€305
down €305 (-11.8%), from €2,593 to €2,288
- Depreciation -€227
down €227 (-6.4%), from €3,548 to €3,321
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 | €59,770 | €62,335 | +€2,565 | +4.3% |
| Fixed assets | 21/28 | €55,528 | €52,206 | -€3,322 | -6.0% |
| Tangible fixed assets | 22/27 | €55,528 | €52,206 | -€3,322 | -6.0% |
| Land and buildings | 22 | €48,184 | €46,080 | -€2,104 | -4.4% |
| Plant, machinery and equipment | 23 | €7,344 | €6,126 | -€1,218 | -16.6% |
| Current assets | 29/58 | €4,242 | €10,129 | +€5,887 | +138.8% |
| Amounts receivable within one year | 40/41 | €193 | €2,259 | +€2,066 | +1070.5% |
| Other amounts receivable | 41 | €193 | €2,259 | +€2,066 | +1070.5% |
| Cash at bank and in hand | 54/58 | €4,049 | €7,870 | +€3,821 | +94.4% |
| Total equity and liabilities | 10/49 | €59,770 | €62,335 | +€2,565 | +4.3% |
| Equity | 10/15 | €59,770 | €62,335 | +€2,565 | +4.3% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €13 | €13 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13 | €13 | = | 0.0% |
| Legal reserve | 130 | €13 | €13 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,243 | -€2,678 | +€2,565 | +48.9% |
| Amounts payable | 17/49 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,548 | €3,321 | -€227 | -6.4% |
| Other operating charges | 640/8 | €2,593 | €2,288 | -€305 | -11.8% |
| Gross operating margin | 9900 | €6,086 | €8,219 | +€2,133 | +35.0% |
| Operating profit (loss) | 9901 | -€55 | €2,610 | +€2,665 | |
| Financial charges | 65/66B | €57 | €45 | -€12 | -21.1% |
| Recurring financial charges | 65 | €57 | €45 | -€12 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€112 | €2,565 | +€2,677 | |
| Profit (loss) for the period | 9904 | -€112 | €2,565 | +€2,677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€112 | €2,565 | +€2,677 |
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 5 October 2026 via checked.be.