SOLIPAT: 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.
SOLIPAT
Largest movements
- Tangible fixed assets -€58,428
down €58,428 (-3.0%), from €2.0m to €1.9m
of which Land and buildings: -€167,170
- Receivables within one year +€53,806
up €53,806 (+1,044%), from €5,153 to €58,959
of which Other amounts receivable: +€53,806
- Cash -€20,798
down €20,798 (-47.9%), from €43,432 to €22,634
mainly Debts after one year (-€153,131) and Receivables within one year (-€53,806)
- Debts after one year -€153,131
down €153,131 (-36.8%), from €415,724 to €262,592
- Reserves +€69,817
up €69,817 (+80.3%), from €86,905 to €156,722
- Other debts +€47,613
up €47,613 (+4.1%), from €1.2m to €1.2m
- Gross operating margin -€29,352
down €29,352 (-10.8%), from €272,157 to €242,805
- Financial charges -€8,044
down €8,044 (-10.9%), from €73,470 to €65,426
- Taxes -€5,385
down €5,385 (-18.9%), from €28,524 to €23,139
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.
Derived cash bridge
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 | €2,039,614 | €2,014,193 | -€25,420 | -1.2% |
| Fixed assets | 21/28 | €1,967,296 | €1,908,869 | -€58,428 | -3.0% |
| Tangible fixed assets | 22/27 | €1,964,796 | €1,906,369 | -€58,428 | -3.0% |
| Land and buildings | 22 | €1,964,796 | €1,797,626 | -€167,170 | -8.5% |
| Plant, machinery and equipment | 23 | - | €108,743 | +€108,743 | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €72,318 | €105,325 | +€33,007 | +45.6% |
| Stocks and contracts in progress | 3 | €23,733 | €23,733 | = | 0.0% |
| Stocks | 30/36 | €23,733 | €23,733 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,153 | €58,959 | +€53,806 | +1,044% |
| Trade receivables | 40 | €5,153 | €5,153 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €53,806 | +€53,806 | |
| Cash at bank and in hand | 54/58 | €43,432 | €22,634 | -€20,798 | -47.9% |
| Total equity and liabilities | 10/49 | €2,039,614 | €2,014,193 | -€25,420 | -1.2% |
| Equity | 10/15 | €276,361 | €346,178 | +€69,817 | +25.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €139,456 | €139,456 | = | 0.0% |
| Reserves | 13 | €86,905 | €156,722 | +€69,817 | +80.3% |
| Distributable reserves | 133 | €86,905 | €156,722 | +€69,817 | +80.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,763,253 | €1,668,015 | -€95,238 | -5.4% |
| Amounts payable after more than one year | 17 | €415,724 | €262,592 | -€153,131 | -36.8% |
| Financial debts | 170/4 | €415,724 | €262,592 | -€153,131 | -36.8% |
| Amounts payable within one year | 42/48 | €1,324,508 | €1,385,101 | +€60,592 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €150,003 | €153,131 | +€3,128 | +2.1% |
| Trade debts | 44 | €562 | €13,248 | +€12,687 | +2,259% |
| Suppliers | 440/4 | €562 | €13,248 | +€12,687 | +2,259% |
| Taxes, remuneration and social security | 45 | €3,233 | €397 | -€2,837 | -87.7% |
| Taxes | 450/3 | €3,233 | €397 | -€2,837 | -87.7% |
| Other amounts payable | 47/48 | €1,170,711 | €1,218,324 | +€47,613 | +4.1% |
| Accrued charges and deferred income | 492/3 | €23,021 | €20,323 | -€2,698 | -11.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,767 | €58,428 | -€339 | -0.6% |
| Other operating charges | 640/8 | €25,249 | €26,036 | +€787 | +3.1% |
| Gross operating margin | 9900 | €272,157 | €242,805 | -€29,352 | -10.8% |
| Operating profit (loss) | 9901 | €188,141 | €158,342 | -€29,799 | -15.8% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €73,470 | €65,426 | -€8,044 | -10.9% |
| Recurring financial charges | 65 | €73,470 | €65,426 | -€8,044 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €114,671 | €92,956 | -€21,715 | -18.9% |
| Income taxes | 67/77 | €28,524 | €23,139 | -€5,385 | -18.9% |
| Profit (loss) for the period | 9904 | €86,147 | €69,817 | -€16,330 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,147 | €69,817 | -€16,330 | -19.0% |
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 28 October 2026 via checked.be.