SOLISTHA: 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.
SOLISTHA
Largest movements
- Receivables within one year +€467,449
up €467,449 (+1410.3%), from €33,145 to €500,595
of which Trade receivables: +€463,701
- Tangible fixed assets -€416,071
down €416,071 (-92.3%), from €450,879 to €34,807
of which Land and buildings: -€406,878
- Cash +€99,243
up €99,243 (+403.7%), from €24,581 to €123,823
mainly Advances received (+€549,131) and Investment in fixed assets (net) (+€402,378)
- Advances received +€549,131
new in 2025: €549,131
- Debts after one year -€176,126
down €176,126 (-91.9%), from €191,680 to €15,555
- Other debts -€166,137
down €166,137 (-99.2%), from €167,561 to €1,424
- Profit (loss) carried forward -€101,715
down €101,715, from €68,426 to -€33,289
- Trade debts +€60,377
up €60,377 (+745.6%), from €8,098 to €68,475
- Depreciation -€9,278
down €9,278 (-40.4%), from €22,972 to €13,694
- Gross operating margin -€9,161
down €9,161 (-97.6%), from -€9,382 to -€18,543
- Financial charges -€1,249
down €1,249 (-10.1%), from €12,418 to €11,169
- Taxes -€803
no longer reported in 2025 (was €803)
- Other operating charges +€376
up €376 (+36.9%), from €1,020 to €1,396
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 | €508,725 | €660,594 | +€151,869 | +29.9% |
| Fixed assets | 21/28 | €450,999 | €34,927 | -€416,071 | -92.3% |
| Tangible fixed assets | 22/27 | €450,879 | €34,807 | -€416,071 | -92.3% |
| Land and buildings | 22 | €406,878 | - | -€406,878 | |
| Furniture and vehicles | 24 | €44,001 | €34,807 | -€9,194 | -20.9% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €57,726 | €625,666 | +€567,940 | +983.9% |
| Amounts receivable within one year | 40/41 | €33,145 | €500,595 | +€467,449 | +1410.3% |
| Trade receivables | 40 | €27,525 | €491,226 | +€463,701 | +1684.7% |
| Other amounts receivable | 41 | €5,620 | €9,368 | +€3,748 | +66.7% |
| Cash at bank and in hand | 54/58 | €24,581 | €123,823 | +€99,243 | +403.7% |
| Deferred charges and accrued income | 490/1 | - | €1,248 | +€1,248 | |
| Total equity and liabilities | 10/49 | €508,725 | €660,594 | +€151,869 | +29.9% |
| Equity | 10/15 | €118,426 | €16,711 | -€101,715 | -85.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,426 | -€33,289 | -€101,715 | |
| Amounts payable | 17/49 | €390,298 | €643,882 | +€253,584 | +65.0% |
| Amounts payable after more than one year | 17 | €191,680 | €15,555 | -€176,126 | -91.9% |
| Financial debts | 170/4 | €191,680 | €15,555 | -€176,126 | -91.9% |
| Amounts payable within one year | 42/48 | €198,618 | €628,327 | +€429,710 | +216.3% |
| Current portion of amounts payable after more than one year | 42 | €18,067 | €9,299 | -€8,768 | -48.5% |
| Trade debts | 44 | €8,098 | €68,475 | +€60,377 | +745.6% |
| Suppliers | 440/4 | €8,098 | €68,475 | +€60,377 | +745.6% |
| Advances received on contracts in progress | 46 | - | €549,131 | +€549,131 | |
| Taxes, remuneration and social security | 45 | €4,893 | - | -€4,893 | |
| Taxes | 450/3 | €893 | - | -€893 | |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €167,561 | €1,424 | -€166,137 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,972 | €13,694 | -€9,278 | -40.4% |
| Other operating charges | 640/8 | €1,020 | €1,396 | +€376 | +36.9% |
| Non-recurring operating charges | 66A | - | €56,914 | +€56,914 | |
| Gross operating margin | 9900 | -€9,382 | -€18,543 | -€9,161 | -97.6% |
| Operating profit (loss) | 9901 | -€33,374 | -€90,546 | -€57,172 | -171.3% |
| Financial charges | 65/66B | €12,418 | €11,169 | -€1,249 | -10.1% |
| Recurring financial charges | 65 | €12,418 | €11,169 | -€1,249 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€45,792 | -€101,715 | -€55,923 | -122.1% |
| Income taxes | 67/77 | €803 | - | -€803 | |
| Profit (loss) for the period | 9904 | -€46,595 | -€101,715 | -€55,120 | -118.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,595 | -€101,715 | -€55,120 | -118.3% |
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 10 October 2026 via checked.be.