SOLISPIR: 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.
SOLISPIR
Largest movements
- Tangible fixed assets +€692,851
up €692,851 (+27.2%), from €2.5m to €3.2m
- Receivables within one year +€222,093
up €222,093 (+6.3%), from €3.5m to €3.8m
of which Other amounts receivable: +€131,829
- Cash -€100,662
down €100,662 (-30.3%), from €331,991 to €231,329
mainly Investment in fixed assets (net) (-€911,074) and Receivables within one year (-€222,093)
- Intangible fixed assets -€98,884
down €98,884 (-50.0%), from €197,768 to €98,884
- Debts after one year +€394,946
up €394,946 (+16.5%), from €2.4m to €2.8m
of which Financial debts: +€394,946
- Trade debts +€311,037
up €311,037 (+1495.9%), from €20,793 to €331,829
- Profit (loss) carried forward +€256,056
up €256,056 (+12.0%), from €2.1m to €2.4m
- Reserves -€207,083
down €207,083 (-13.3%), from €1.6m to €1.3m
of which Tax-exempt reserves: -€207,083
- Gross operating margin -€1.6m
down €1.6m (-74.6%), from €2.2m to €562,269
- Depreciation -€54,765
down €54,765 (-14.7%), from €371,872 to €317,108
- Write-downs -€43,209
down €43,209, from €34,116 to -€9,093
- Financial income +€34,299
up €34,299 (+164.4%), from €20,866 to €55,165
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 | €6,618,119 | €7,333,517 | +€715,398 | +10.8% |
| Fixed assets | 21/28 | €2,747,592 | €3,341,558 | +€593,967 | +21.6% |
| Intangible fixed assets | 21 | €197,768 | €98,884 | -€98,884 | -50.0% |
| Tangible fixed assets | 22/27 | €2,549,823 | €3,242,674 | +€692,851 | +27.2% |
| Land and buildings | 22 | €2,549,823 | €3,242,674 | +€692,851 | +27.2% |
| Current assets | 29/58 | €3,870,528 | €3,991,959 | +€121,431 | +3.1% |
| Amounts receivable within one year | 40/41 | €3,538,537 | €3,760,629 | +€222,093 | +6.3% |
| Trade receivables | 40 | €131,879 | €222,143 | +€90,264 | +68.4% |
| Other amounts receivable | 41 | €3,406,657 | €3,538,486 | +€131,829 | +3.9% |
| Cash at bank and in hand | 54/58 | €331,991 | €231,329 | -€100,662 | -30.3% |
| Total equity and liabilities | 10/49 | €6,618,119 | €7,333,517 | +€715,398 | +10.8% |
| Equity | 10/15 | €3,758,793 | €3,807,766 | +€48,973 | +1.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,551,232 | €1,344,150 | -€207,083 | -13.3% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,543,732 | €1,336,650 | -€207,083 | -13.4% |
| Profit (loss) carried forward | 14 | €2,132,561 | €2,388,616 | +€256,056 | +12.0% |
| Amounts payable | 17/49 | €2,859,326 | €3,525,751 | +€666,425 | +23.3% |
| Amounts payable after more than one year | 17 | €2,398,755 | €2,793,701 | +€394,946 | +16.5% |
| Financial debts | 170/4 | €2,355,843 | €2,750,789 | +€394,946 | +16.8% |
| Other amounts payable | 178/9 | €42,912 | €42,912 | = | 0.0% |
| Amounts payable within one year | 42/48 | €447,331 | €718,329 | +€270,998 | +60.6% |
| Current portion of amounts payable after more than one year | 42 | €270,033 | €257,741 | -€12,292 | -4.6% |
| Financial debts | 43 | €32,050 | - | -€32,050 | |
| Credit institutions | 430/8 | €32,050 | - | -€32,050 | |
| Trade debts | 44 | €20,793 | €331,829 | +€311,037 | +1495.9% |
| Suppliers | 440/4 | €20,793 | €331,829 | +€311,037 | +1495.9% |
| Taxes, remuneration and social security | 45 | €124,455 | €128,758 | +€4,303 | +3.5% |
| Taxes | 450/3 | €124,455 | €128,758 | +€4,303 | +3.5% |
| Accrued charges and deferred income | 492/3 | €13,241 | €13,722 | +€481 | +3.6% |
| Non-recurring operating income | 76A | €1,622,320 | - | -€1.6m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371,872 | €317,108 | -€54,765 | -14.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,116 | -€9,093 | -€43,209 | |
| Other operating charges | 640/8 | €113,964 | €102,885 | -€11,079 | -9.7% |
| Gross operating margin | 9900 | €2,210,716 | €562,269 | -€1.6m | -74.6% |
| Operating profit (loss) | 9901 | €1,690,764 | €151,370 | -€1.5m | -91.0% |
| Financial income | 75/76B | €20,866 | €55,165 | +€34,299 | +164.4% |
| Recurring financial income | 75 | €20,866 | €55,165 | +€34,299 | +164.4% |
| Financial charges | 65/66B | €98,913 | €91,781 | -€7,132 | -7.2% |
| Recurring financial charges | 65 | €98,913 | €91,781 | -€7,132 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €1,612,717 | €114,754 | -€1.5m | -92.9% |
| Income taxes | 67/77 | €63,148 | €65,781 | +€2,633 | +4.2% |
| Profit (loss) for the period | 9904 | €1,549,569 | €48,973 | -€1.5m | -96.8% |
| Transfer from tax-exempt reserves | 789 | €240,475 | €207,083 | -€33,392 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,790,043 | €256,056 | -€1.5m | -85.7% |
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 7 October 2026 via checked.be.