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SOLINÈS: 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.

What changed

SOLINÈS

BE 0631.699.434
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€44,524
2024 · €27,464+€17,060
Equity
-€45,007
2024 · -€89,531+€44,524
Cash
€6,293
2024 · €11,850-€5,557
Balance sheet total
€66,772
2024 · €66,930-€158

Largest movements

2024 to 2025
Assets
  • Cash -€5,557

    down €5,557 (-46.9%), from €11,850 to €6,293

    mainly Other debts (-€23,258) and Debts after one year (-€14,024)

  • Receivables within one year +€3,480

    up €3,480 (+8.2%), from €42,380 to €45,860

    of which Other amounts receivable: +€7,110

  • Deferred charges and accrued income +€1,919

    new in 2025: €1,919

Equity and liabilities
  • Profit (loss) carried forward +€44,524

    up €44,524 (+41.2%), from -€108,131 to -€63,607

  • Other debts -€23,258

    down €23,258 (-30.2%), from €76,977 to €53,719

  • Debts after one year -€14,024

    down €14,024 (-32.8%), from €42,794 to €28,770

  • Accrued charges and deferred income -€13,071

    down €13,071 (-77.7%), from €16,831 to €3,760

  • Trade debts +€6,260

    up €6,260 (+610.5%), from €1,025 to €7,285

Income statement
  • Depreciation -€12,969

    down €12,969 (-100.0%), from €12,969 to €0

  • Gross operating margin +€3,412

    up €3,412 (+7.7%), from €44,419 to €47,831

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €27,464
Gross operating margin +€3,412
Depreciation +€12,969
Other operating charges +€372
Financial charges +€306
Result 2025 €44,524

Cash bridge derived

cash 2024 to 2025

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.

From operations +€7,830
Investment €0
Financing -€13,388
Cash 2024 €11,850
Net result for the year +€44,524
Receivables within one year -€3,480
Deferred charges and accrued income -€1,919
Trade debts +€6,260
Tax, wage and social debts -€1,226
Other debts -€23,258
Accrued charges and deferred income -€13,071
Debts after one year -€14,024
Current portion of long-term debt +€636
Cash 2025 €6,293
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €66,930 €66,772 -€158 -0.2%
Fixed assets 21/28 €12,700 €12,700 = 0.0%
Financial fixed assets 28 €12,700 €12,700 = 0.0%
Current assets 29/58 €54,230 €54,072 -€158 -0.3%
Amounts receivable within one year 40/41 €42,380 €45,860 +€3,480 +8.2%
Trade receivables 40 €37,752 €34,122 -€3,630 -9.6%
Other amounts receivable 41 €4,628 €11,738 +€7,110 +153.6%
Cash at bank and in hand 54/58 €11,850 €6,293 -€5,557 -46.9%
Deferred charges and accrued income 490/1 - €1,919 +€1,919
Total equity and liabilities 10/49 €66,930 €66,772 -€158 -0.2%
Equity 10/15 -€89,531 -€45,007 +€44,524 +49.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€108,131 -€63,607 +€44,524 +41.2%
Amounts payable 17/49 €156,461 €111,779 -€44,683 -28.6%
Amounts payable after more than one year 17 €42,794 €28,770 -€14,024 -32.8%
Financial debts 170/4 €42,794 €28,770 -€14,024 -32.8%
Amounts payable within one year 42/48 €96,836 €79,249 -€17,587 -18.2%
Current portion of amounts payable after more than one year 42 €13,388 €14,024 +€636 +4.8%
Trade debts 44 €1,025 €7,285 +€6,260 +610.5%
Suppliers 440/4 €1,025 €7,285 +€6,260 +610.5%
Taxes, remuneration and social security 45 €5,447 €4,221 -€1,226 -22.5%
Taxes 450/3 €5,447 €4,221 -€1,226 -22.5%
Other amounts payable 47/48 €76,977 €53,719 -€23,258 -30.2%
Accrued charges and deferred income 492/3 €16,831 €3,760 -€13,071 -77.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,969 €0 -€12,969 -100.0%
Other operating charges 640/8 €772 €400 -€372 -48.2%
Gross operating margin 9900 €44,419 €47,831 +€3,412 +7.7%
Operating profit (loss) 9901 €30,678 €47,431 +€16,754 +54.6%
Financial charges 65/66B €3,214 €2,907 -€306 -9.5%
Recurring financial charges 65 €3,214 €2,907 -€306 -9.5%
Profit (loss) for the period before taxes 9903 €27,464 €44,524 +€17,060 +62.1%
Profit (loss) for the period 9904 €27,464 €44,524 +€17,060 +62.1%
Profit (loss) for the period to be appropriated 9905 €27,464 €44,524 +€17,060 +62.1%

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.