SOLINI: 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.
SOLINI
Largest movements
- Cash -€113,707
down €113,707 (-31.9%), from €356,556 to €242,849
mainly Accrued charges and deferred income (-€206,189) and Contributions, distributions and other (-€70,000)
- Tangible fixed assets -€31,562
down €31,562 (-7.7%), from €407,395 to €375,833
of which Land and buildings: -€22,271
- Accrued charges and deferred income -€206,189
no longer reported in 2025 (was €206,189)
- Other debts +€88,694
up €88,694 (+221.7%), from €40,000 to €128,694
- Debts after one year -€21,998
down €21,998 (-13.5%), from €162,728 to €140,730
- Trade debts -€14,101
down €14,101 (-57.5%), from €24,503 to €10,402
- Profit (loss) carried forward +€13,894
up €13,894 (+5.5%), from €250,942 to €264,836
- Taxes -€11,625
down €11,625 (-49.2%), from €23,625 to €12,000
- Staff costs -€8,884
down €8,884 (-3.3%), from €266,062 to €257,178
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 | €774,665 | €633,713 | -€140,952 | -18.2% |
| Fixed assets | 21/28 | €411,987 | €380,502 | -€31,485 | -7.6% |
| Tangible fixed assets | 22/27 | €407,395 | €375,833 | -€31,562 | -7.7% |
| Land and buildings | 22 | €378,832 | €356,561 | -€22,271 | -5.9% |
| Plant, machinery and equipment | 23 | €7,691 | €5,167 | -€2,524 | -32.8% |
| Furniture and vehicles | 24 | €2,019 | €1,091 | -€928 | -46.0% |
| Leasing and similar rights | 25 | €18,853 | €13,014 | -€5,839 | -31.0% |
| Financial fixed assets | 28 | €4,592 | €4,669 | +€77 | +1.7% |
| Current assets | 29/58 | €362,678 | €253,211 | -€109,467 | -30.2% |
| Stocks and contracts in progress | 3 | €6,100 | €10,340 | +€4,240 | +69.5% |
| Stocks | 30/36 | €6,100 | €10,340 | +€4,240 | +69.5% |
| Amounts receivable within one year | 40/41 | €22 | €22 | = | 0.0% |
| Trade receivables | 40 | €22 | €22 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €356,556 | €242,849 | -€113,707 | -31.9% |
| Total equity and liabilities | 10/49 | €774,665 | €633,713 | -€140,952 | -18.2% |
| Equity | 10/15 | €290,335 | €304,229 | +€13,894 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,793 | €20,793 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,933 | €18,933 | = | 0.0% |
| Profit (loss) carried forward | 14 | €250,942 | €264,836 | +€13,894 | +5.5% |
| Amounts payable | 17/49 | €484,330 | €329,484 | -€154,846 | -32.0% |
| Amounts payable after more than one year | 17 | €162,728 | €140,730 | -€21,998 | -13.5% |
| Financial debts | 170/4 | €162,728 | €140,730 | -€21,998 | -13.5% |
| Amounts payable within one year | 42/48 | €115,413 | €188,754 | +€73,341 | +63.5% |
| Current portion of amounts payable after more than one year | 42 | €28,129 | €28,998 | +€869 | +3.1% |
| Trade debts | 44 | €24,503 | €10,402 | -€14,101 | -57.5% |
| Suppliers | 440/4 | €24,503 | €10,402 | -€14,101 | -57.5% |
| Taxes, remuneration and social security | 45 | €22,781 | €20,660 | -€2,121 | -9.3% |
| Taxes | 450/3 | €22,781 | €20,660 | -€2,121 | -9.3% |
| Other amounts payable | 47/48 | €40,000 | €128,694 | +€88,694 | +221.7% |
| Accrued charges and deferred income | 492/3 | €206,189 | - | -€206,189 | |
| Remuneration, social security and pensions | 62 | €266,062 | €257,178 | -€8,884 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,375 | €32,827 | +€452 | +1.4% |
| Gross operating margin | 9900 | €390,512 | €392,225 | +€1,713 | +0.4% |
| Operating profit (loss) | 9901 | €92,075 | €102,220 | +€10,145 | +11.0% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €7,181 | €6,326 | -€855 | -11.9% |
| Recurring financial charges | 65 | €7,181 | €6,326 | -€855 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €84,909 | €95,894 | +€10,985 | +12.9% |
| Income taxes | 67/77 | €23,625 | €12,000 | -€11,625 | -49.2% |
| Profit (loss) for the period | 9904 | €61,284 | €83,894 | +€22,610 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,284 | €83,894 | +€22,610 | +36.9% |
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 1 October 2026 via checked.be.