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SOLIPRO: 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

SOLIPRO

BE 0699.566.176
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€333,911
2024 · €395,852-€61,941
Equity
€106,470
2024 · €572,559-€466,089
Cash
€190,271
2024 · €717,942-€527,671
Balance sheet total
€1.6m
2024 · €1.8m-€232,508

Largest movements

2024 to 2025
Assets
  • Cash -€527,671

    down €527,671 (-73.5%), from €717,942 to €190,271

    mainly Contributions, distributions and other (-€800,000) and Receivables within one year (-€387,684)

  • Receivables within one year +€387,684

    up €387,684 (+44.8%), from €866,192 to €1.3m

    of which Trade receivables: +€364,060

  • Tangible fixed assets -€93,018

    down €93,018 (-46.4%), from €200,436 to €107,418

    of which Plant, machinery and equipment: -€79,826

Equity and liabilities
  • Profit (loss) carried forward -€276,639

    down €276,639 (-99.2%), from €278,909 to €2,270

  • Other debts +€197,911

    up €197,911 (+24.4%), from €809,655 to €1.0m

  • Reserves -€189,450

    down €189,450 (-69.2%), from €273,650 to €84,200

    of which Distributable reserves: -€168,400

  • Trade debts +€94,376

    up €94,376 (+42.0%), from €224,620 to €318,996

  • Debts after one year -€52,339

    down €52,339 (-44.9%), from €116,646 to €64,307

Income statement
  • Gross operating margin -€322,647

    down €322,647 (-18.9%), from €1.7m to €1.4m

  • Staff costs -€207,195

    down €207,195 (-20.4%), from €1.0m to €809,910

  • Provisions -€45,000

    down €45,000, from €22,500 to -€22,500

  • Taxes -€22,875

    down €22,875 (-15.7%), from €145,724 to €122,849

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 €395,852
Gross operating margin -€322,647
Staff costs +€207,195
Depreciation -€7,447
Provisions +€45,000
Other operating charges +€294
Financial income -€9,206
Financial charges +€1,996
Taxes +€22,875
Result 2025 €333,911

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 +€354,802
Investment -€14,537
Financing -€867,936
Cash 2024 €717,942
Net result for the year +€333,911
Depreciation +€107,555
Smaller working-capital items -€136
Receivables within one year -€387,684
Provisions -€22,500
Trade debts +€94,376
Tax, wage and social debts +€31,369
Other debts +€197,911
Investment in fixed assets (net) -€14,537
Debts after one year -€52,339
Current portion of long-term debt -€15,596
Contributions, distributions and other -€800,000
Cash 2025 €190,271
Every line side by side 53 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,838,734 €1,606,226 -€232,508 -12.6%
Fixed assets 21/28 €210,306 €117,288 -€93,018 -44.2%
Tangible fixed assets 22/27 €200,436 €107,418 -€93,018 -46.4%
Plant, machinery and equipment 23 €160,806 €80,980 -€79,826 -49.6%
Furniture and vehicles 24 €39,575 €26,438 -€13,137 -33.2%
Other tangible fixed assets 26 €55 - -€55
Financial fixed assets 28 €9,870 €9,870 = 0.0%
Current assets 29/58 €1,628,428 €1,488,938 -€139,490 -8.6%
Stocks and contracts in progress 3 €25,000 €26,000 +€1,000 +4.0%
Stocks 30/36 - €26,000 +€26,000
Contracts in progress 37 €25,000 - -€25,000
Amounts receivable within one year 40/41 €866,192 €1,253,877 +€387,684 +44.8%
Trade receivables 40 €797,533 €1,161,593 +€364,060 +45.6%
Other amounts receivable 41 €68,660 €92,284 +€23,624 +34.4%
Cash at bank and in hand 54/58 €717,942 €190,271 -€527,671 -73.5%
Deferred charges and accrued income 490/1 €19,293 €18,790 -€504 -2.6%
Total equity and liabilities 10/49 €1,838,734 €1,606,226 -€232,508 -12.6%
Equity 10/15 €572,559 €106,470 -€466,089 -81.4%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €273,650 €84,200 -€189,450 -69.2%
Tax-exempt reserves 132 €105,250 €84,200 -€21,050 -20.0%
Distributable reserves 133 €168,400 - -€168,400
Profit (loss) carried forward 14 €278,909 €2,270 -€276,639 -99.2%
Provisions and deferred taxes 16 €22,500 - -€22,500
Provisions for liabilities and charges 160/5 €22,500 - -€22,500
Pensions and similar obligations 160 €22,500 - -€22,500
Amounts payable 17/49 €1,243,675 €1,499,756 +€256,081 +20.6%
Amounts payable after more than one year 17 €116,646 €64,307 -€52,339 -44.9%
Financial debts 170/4 €116,646 €64,307 -€52,339 -44.9%
Amounts payable within one year 42/48 €1,127,029 €1,435,089 +€308,060 +27.3%
Current portion of amounts payable after more than one year 42 €66,714 €51,117 -€15,596 -23.4%
Trade debts 44 €224,620 €318,996 +€94,376 +42.0%
Suppliers 440/4 €224,620 €318,996 +€94,376 +42.0%
Taxes, remuneration and social security 45 €26,041 €57,410 +€31,369 +120.5%
Taxes 450/3 €9,224 €22,849 +€13,625 +147.7%
Remuneration and social security 454/9 €16,817 €34,562 +€17,744 +105.5%
Other amounts payable 47/48 €809,655 €1,007,566 +€197,911 +24.4%
Accrued charges and deferred income 492/3 - €360 +€360
Remuneration, social security and pensions 62 €1,017,105 €809,910 -€207,195 -20.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €100,108 €107,555 +€7,447 +7.4%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 €22,500 -€22,500 -€45,000
Other operating charges 640/8 €8,154 €7,859 -€294 -3.6%
Gross operating margin 9900 €1,704,879 €1,382,231 -€322,647 -18.9%
Operating profit (loss) 9901 €557,013 €479,407 -€77,605 -13.9%
Financial income 75/76B €30,130 €20,924 -€9,206 -30.6%
Recurring financial income 75 €30,130 €20,924 -€9,206 -30.6%
Financial charges 65/66B €45,567 €43,571 -€1,996 -4.4%
Recurring financial charges 65 €45,567 €43,571 -€1,996 -4.4%
Profit (loss) for the period before taxes 9903 €541,576 €456,760 -€84,815 -15.7%
Income taxes 67/77 €145,724 €122,849 -€22,875 -15.7%
Profit (loss) for the period 9904 €395,852 €333,911 -€61,941 -15.6%
Transfer from tax-exempt reserves 789 - €21,050 +€21,050
Profit (loss) for the period to be appropriated 9905 €395,852 €354,961 -€40,891 -10.3%

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.