Solitaire Transport Chartering: what changed
What changed
Solitaire Transport Chartering
NACE 30.110, Manufacture of other transport equipment
filed annual accounts (NBB)
Net result for the year
€21.9m
2024 · €39.0m-€17.1m
Equity
€611.4m
2024 · €589.5m+€21.9m
Cash
€36,318
2024 · €6,111+€30,208
Balance sheet total
€658.8m
2024 · €603.1m+€55.7m
Largest movements
Assets
- Financial fixed assets +€107.5m
up €107.5m (+27.1%), from €397.5m to €505.0m
of which Other financial fixed assets: +€73.3m
- Receivables within one year -€82.3m
down €82.3m (-44.2%), from €186.2m to €103.9m
of which Other amounts receivable: -€85.9m
- Tangible fixed assets +€33.6m
up €33.6m (+307%), from €11.0m to €44.6m
of which Assets under construction and advance payments: +€34.3m
Equity and liabilities
- Accrued charges and deferred income +€19.2m
up €19.2m (+310%), from €6.2m to €25.4m
- Profit (loss) carried forward +€12.0m
up €12.0m, from -€12.0m to €0
- Reserves +€9.8m
new in 2025: €9.8m
of which Distributable reserves: +€9.3m
- Tax, wage and social debts +€7.4m
up €7.4m (+2,281%), from €324,911 to €7.7m
of which Taxes: +€7.1m
- Trade debts +€6.8m
up €6.8m (+175%), from €3.9m to €10.6m
Income statement
- Turnover -€14.1m
down €14.1m (-31.0%), from €45.6m to €31.5m
- Financial income +€6.1m
up €6.1m (+18.3%), from €33.3m to €39.3m
of which Non-recurring financial income: +€7.6m
- Financial charges +€6.1m
up €6.1m (+5,872%), from €103,451 to €6.2m
of which Financial charges: +€6.1m
- Provisions -€5.9m
down €5.9m, from €2.9m to -€3.1m
- Taxes +€4.3m
up €4.3m (+935%), from €459,973 to €4.8m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€39.0m
Turnover
-€14.1m
Other operating income
+€97,534
Goods and materials
-€3.9m
Services and other goods
-€813,938
Staff costs
-€37,295
Depreciation
-€32,045
Provisions
+€5.9m
Other operating charges
-€1,181
Financial income
+€6.1m
Financial charges
-€6.1m
Taxes
-€4.3m
Result 2025
€21.9m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€142.0m
Investment
-€141.9m
Financing
-€70
Cash 2024
€6,111
From operations (derived)
+€142.0m
Net result for the year
+€21.9m
Depreciation
+€764,356
Smaller working-capital items
+€68,488
Receivables within one year
+€82.3m
Deferred charges and accrued income
+€3.1m
Provisions
+€443,043
Trade debts
+€6.8m
Tax, wage and social debts
+€7.4m
Accrued charges and deferred income
+€19.2m
Investment (derived)
-€141.9m
Investment in fixed assets (net)
-€141.9m
Financing
-€70
Short-term financial debts
-€70
Cash 2025
€36,318
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €603,063,576 | €658,793,155 | +€55.7m | +9.2% |
| Fixed assets | 21/28 | €408,405,218 | €549,564,796 | +€141.2m | +34.6% |
| Tangible fixed assets | 22/27 | €10,954,291 | €44,578,938 | +€33.6m | +307% |
| Plant, machinery and equipment | 23 | €1,261,961 | €798,912 | -€463,048 | -36.7% |
| Furniture and vehicles | 24 | €513,881 | €288,145 | -€225,737 | -43.9% |
| Assets under construction and advance payments | 27 | €9,178,449 | €43,491,881 | +€34.3m | +374% |
| Financial fixed assets | 28 | €397,450,927 | €504,985,858 | +€107.5m | +27.1% |
| Affiliated companies | 280/1 | €397,450,927 | €431,698,455 | +€34.2m | +8.6% |
| Participating interests | 280 | €397,450,927 | €431,698,455 | +€34.2m | +8.6% |
| Other financial fixed assets | 284/8 | - | €73,287,403 | +€73.3m | |
| Amounts receivable and cash guarantees | 285/8 | - | €73,287,403 | +€73.3m | |
| Current assets | 29/58 | €194,658,358 | €109,228,359 | -€85.4m | -43.9% |
| Stocks and contracts in progress | 3 | €3,185,305 | €3,146,099 | -€39,206 | -1.2% |
| Stocks | 30/36 | €3,185,305 | €3,146,099 | -€39,206 | -1.2% |
| Raw materials and consumables | 30/31 | €3,177,123 | €3,139,065 | -€38,058 | -1.2% |
| Goods purchased for resale | 34 | €8,182 | €7,034 | -€1,148 | -14.0% |
| Amounts receivable within one year | 40/41 | €186,213,172 | €103,865,600 | -€82.3m | -44.2% |
| Trade receivables | 40 | €31,051,530 | €34,650,503 | +€3.6m | +11.6% |
| Other amounts receivable | 41 | €155,161,642 | €69,215,097 | -€85.9m | -55.4% |
| Cash at bank and in hand | 54/58 | €6,111 | €36,318 | +€30,208 | +494% |
| Deferred charges and accrued income | 490/1 | €5,253,770 | €2,180,343 | -€3.1m | -58.5% |
| Total equity and liabilities | 10/49 | €603,063,576 | €658,793,155 | +€55.7m | +9.2% |
| Equity | 10/15 | €589,514,461 | €611,370,514 | +€21.9m | +3.7% |
| Contributions | 10/11 | €601,556,000 | €601,556,000 | = | 0.0% |
| Capital | 10 | €601,556,000 | €601,556,000 | = | 0.0% |
| Issued capital | 100 | €601,556,000 | €601,556,000 | = | 0.0% |
| Reserves | 13 | - | €9,814,514 | +€9.8m | |
| Non-distributable reserves | 130/1 | - | €490,726 | +€490,726 | |
| Legal reserve | 130 | - | €490,726 | +€490,726 | |
| Distributable reserves | 133 | - | €9,323,788 | +€9.3m | |
| Profit (loss) carried forward | 14 | -€12,041,539 | €0 | +€12.0m | |
| Provisions and deferred taxes | 16 | €3,155,047 | €3,598,090 | +€443,043 | +14.0% |
| Provisions for liabilities and charges | 160/5 | €3,155,047 | €3,598,090 | +€443,043 | +14.0% |
| Taxes | 161 | - | €3,526,936 | +€3.5m | |
| Other liabilities and charges | 164/5 | €3,155,047 | €71,154 | -€3.1m | -97.7% |
| Amounts payable | 17/49 | €10,394,068 | €43,824,552 | +€33.4m | +322% |
| Amounts payable within one year | 42/48 | €4,189,500 | €18,383,809 | +€14.2m | +339% |
| Financial debts | 43 | €70 | €0 | -€70 | -100% |
| Credit institutions | 430/8 | €70 | €0 | -€70 | -100% |
| Trade debts | 44 | €3,864,508 | €10,619,617 | +€6.8m | +175% |
| Suppliers | 440/4 | €3,864,508 | €10,619,617 | +€6.8m | +175% |
| Taxes, remuneration and social security | 45 | €324,911 | €7,734,899 | +€7.4m | +2,281% |
| Taxes | 450/3 | €324,911 | €7,429,280 | +€7.1m | +2,187% |
| Remuneration and social security | 454/9 | €0 | €305,620 | +€305,620 | |
| Other amounts payable | 47/48 | €11 | €29,292 | +€29,281 | +266,195% |
| Accrued charges and deferred income | 492/3 | €6,204,568 | €25,440,743 | +€19.2m | +310% |
| Operating income | 70/76A | €46,340,239 | €32,305,351 | -€14.0m | -30.3% |
| Turnover | 70 | €45,584,087 | €31,451,665 | -€14.1m | -31.0% |
| Other operating income | 74 | €756,152 | €853,686 | +€97,534 | +12.9% |
| Operating charges | 60/66A | €40,033,452 | €38,845,122 | -€1.2m | -3.0% |
| Goods for resale, raw materials and consumables | 60 | €30,433,513 | €34,308,629 | +€3.9m | +12.7% |
| Purchases | 600/8 | €29,761,292 | €34,269,422 | +€4.5m | +15.1% |
| Change in stocks: decrease (increase) | 609 | €672,221 | €39,206 | -€633,015 | -94.2% |
| Services and other goods | 61 | €3,206,966 | €4,020,905 | +€813,938 | +25.4% |
| Remuneration, social security and pensions | 62 | €2,791,893 | €2,829,189 | +€37,295 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €732,310 | €764,356 | +€32,045 | +4.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,864,013 | -€3,083,893 | -€5.9m | |
| Other operating charges | 640/8 | €4,756 | €5,937 | +€1,181 | +24.8% |
| Operating profit (loss) | 9901 | €6,306,786 | -€6,539,771 | -€12.8m | |
| Financial income | 75/76B | €33,252,623 | €39,334,028 | +€6.1m | +18.3% |
| Recurring financial income | 75 | €6,587,794 | €5,086,501 | -€1.5m | -22.8% |
| Income from current assets | 751 | €6,532,158 | €3,680,094 | -€2.9m | -43.7% |
| Other financial income | 752/9 | €55,636 | €1,406,407 | +€1.4m | +2,428% |
| Non-recurring financial income | 76B | €26,664,829 | €34,247,528 | +€7.6m | +28.4% |
| Financial charges | 65/66B | €103,451 | €6,177,657 | +€6.1m | +5,872% |
| Recurring financial charges | 65 | €103,451 | €6,177,657 | +€6.1m | +5,872% |
| Debt charges | 650 | €13,039 | €280,908 | +€267,869 | +2,054% |
| Other financial charges | 652/9 | €90,413 | €5,896,749 | +€5.8m | +6,422% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €39,455,958 | €26,616,601 | -€12.8m | -32.5% |
| Income taxes | 67/77 | €459,973 | €4,760,548 | +€4.3m | +935% |
| Taxes | 670/3 | €459,973 | €4,760,548 | +€4.3m | +935% |
| Profit (loss) for the period | 9904 | €38,995,985 | €21,856,053 | -€17.1m | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,995,985 | €21,856,053 | -€17.1m | -44.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.