SOLISACO: 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.
SOLISACO
Largest movements
- Receivables within one year +€1.4m
up €1.4m (+677.1%), from €206,355 to €1.6m
of which Other amounts receivable: +€1.4m
- Stocks and contracts -€1.2m
no longer reported in 2026 (was €1.2m)
- Intangible fixed assets -€163,076
down €163,076 (-25.8%), from €631,935 to €468,859
- Cash +€53,793
up €53,793 (+85.9%), from €62,589 to €116,382
mainly Stocks and contracts (+€1.2m) and Trade debts (+€292,455)
- Tangible fixed assets -€37,624
down €37,624 (-11.2%), from €335,002 to €297,378
of which Plant, machinery and equipment: -€62,180
- Trade debts +€292,455
up €292,455 (+451.3%), from €64,808 to €357,263
- Profit (loss) carried forward +€224,709
up €224,709 (+25.9%), from €868,343 to €1.1m
- Tax, wage and social debts -€154,822
down €154,822 (-22.2%), from €697,863 to €543,041
of which Taxes: -€116,507
- Debts after one year -€146,395
down €146,395 (-69.5%), from €210,721 to €64,326
- Other debts -€89,697
down €89,697 (-95.6%), from €93,802 to €4,105
- Gross operating margin -€851,731
down €851,731 (-35.4%), from €2.4m to €1.6m
- Staff costs -€550,362
down €550,362 (-36.1%), from €1.5m to €972,347
- Financial income -€332,827
down €332,827 (-94.0%), from €354,186 to €21,359
of which Non-recurring financial income: -€352,944
- Taxes -€251,852
down €251,852 (-89.7%), from €280,720 to €28,868
- Depreciation -€184,033
down €184,033 (-40.1%), from €458,621 to €274,588
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,432,674 | €2,516,723 | +€84,049 | +3.5% |
| Formation expenses | 20 | €580 | - | -€580 | |
| Fixed assets | 21/28 | €996,937 | €796,237 | -€200,700 | -20.1% |
| Intangible fixed assets | 21 | €631,935 | €468,859 | -€163,076 | -25.8% |
| Tangible fixed assets | 22/27 | €335,002 | €297,378 | -€37,624 | -11.2% |
| Plant, machinery and equipment | 23 | €266,028 | €203,848 | -€62,180 | -23.4% |
| Furniture and vehicles | 24 | €9,704 | €4,742 | -€4,962 | -51.1% |
| Other tangible fixed assets | 26 | €59,270 | €88,788 | +€29,518 | +49.8% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €1,435,157 | €1,720,486 | +€285,329 | +19.9% |
| Amounts receivable after more than one year | 29 | - | €440 | +€440 | |
| Other amounts receivable | 291 | - | €440 | +€440 | |
| Stocks and contracts in progress | 3 | €1,153,019 | - | -€1.2m | |
| Stocks | 30/36 | €1,153,019 | - | -€1.2m | |
| Amounts receivable within one year | 40/41 | €206,355 | €1,603,664 | +€1.4m | +677.1% |
| Trade receivables | 40 | - | €20,788 | +€20,788 | |
| Other amounts receivable | 41 | €206,355 | €1,582,876 | +€1.4m | +667.1% |
| Cash at bank and in hand | 54/58 | €62,589 | €116,382 | +€53,793 | +85.9% |
| Deferred charges and accrued income | 490/1 | €13,194 | - | -€13,194 | |
| Total equity and liabilities | 10/49 | €2,432,674 | €2,516,723 | +€84,049 | +3.5% |
| Equity | 10/15 | €1,161,943 | €1,386,652 | +€224,709 | +19.3% |
| Contributions | 10/11 | €290,000 | €290,000 | = | 0.0% |
| Reserves | 13 | €3,600 | €3,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,600 | €3,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,600 | €3,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €868,343 | €1,093,052 | +€224,709 | +25.9% |
| Amounts payable | 17/49 | €1,270,731 | €1,130,071 | -€140,660 | -11.1% |
| Amounts payable after more than one year | 17 | €210,721 | €64,326 | -€146,395 | -69.5% |
| Financial debts | 170/4 | €210,721 | €64,326 | -€146,395 | -69.5% |
| Amounts payable within one year | 42/48 | €1,045,411 | €1,050,805 | +€5,394 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €188,938 | €146,396 | -€42,542 | -22.5% |
| Trade debts | 44 | €64,808 | €357,263 | +€292,455 | +451.3% |
| Suppliers | 440/4 | €64,808 | €357,263 | +€292,455 | +451.3% |
| Taxes, remuneration and social security | 45 | €697,863 | €543,041 | -€154,822 | -22.2% |
| Taxes | 450/3 | €525,585 | €409,078 | -€116,507 | -22.2% |
| Remuneration and social security | 454/9 | €172,278 | €133,963 | -€38,315 | -22.2% |
| Other amounts payable | 47/48 | €93,802 | €4,105 | -€89,697 | -95.6% |
| Accrued charges and deferred income | 492/3 | €14,599 | €14,940 | +€341 | +2.3% |
| Remuneration, social security and pensions | 62 | €1,522,709 | €972,347 | -€550,362 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €458,621 | €274,588 | -€184,033 | -40.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,011 | - | +€7,011 | |
| Other operating charges | 640/8 | €31,683 | €61,897 | +€30,214 | +95.4% |
| Non-recurring operating charges | 66A | - | €962 | +€962 | |
| Gross operating margin | 9900 | €2,406,841 | €1,555,110 | -€851,731 | -35.4% |
| Operating profit (loss) | 9901 | €400,839 | €245,316 | -€155,523 | -38.8% |
| Financial income | 75/76B | €354,186 | €21,359 | -€332,827 | -94.0% |
| Recurring financial income | 75 | €1,242 | €21,359 | +€20,117 | +1619.7% |
| Non-recurring financial income | 76B | €352,944 | - | -€352,944 | |
| Financial charges | 65/66B | €27,499 | €13,096 | -€14,403 | -52.4% |
| Recurring financial charges | 65 | €27,499 | €13,096 | -€14,403 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €727,526 | €253,579 | -€473,947 | -65.1% |
| Income taxes | 67/77 | €280,720 | €28,868 | -€251,852 | -89.7% |
| Profit (loss) for the period | 9904 | €446,806 | €224,711 | -€222,095 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €446,806 | €224,711 | -€222,095 | -49.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.