SOLITEC: what changed
SOLITEC
Largest movements
- Tangible fixed assets -€88,678
down €88,678 (-28.3%), from €313,374 to €224,697
of which Furniture and vehicles: -€80,706
- Cash -€50,869
down €50,869 (-28.0%), from €181,607 to €130,738
mainly Debts after one year (-€76,185) and Stocks and contracts (-€45,889)
- Stocks and contracts +€45,889
up €45,889 (+19.4%), from €237,000 to €282,889
of which Contracts in progress: +€110,889
- Receivables within one year -€33,966
down €33,966 (-7.4%), from €458,287 to €424,321
of which Other amounts receivable: -€20,173
- Debts after one year -€76,185
down €76,185 (-24.8%), from €306,799 to €230,614
- Tax, wage and social debts -€42,945
down €42,945 (-31.3%), from €137,076 to €94,131
of which Remuneration and social security: -€93,530
- Profit (loss) carried forward +€33,386
up €33,386 (+23.8%), from -€140,354 to -€106,968
- Trade debts -€26,728
down €26,728 (-5.9%), from €456,385 to €429,658
- Short-term financial debts -€12,600
down €12,600 (-8.4%), from €150,000 to €137,400
- Staff costs -€404,142
down €404,142 (-67.5%), from €599,168 to €195,026
- Gross operating margin -€234,870
down €234,870 (-37.9%), from €619,397 to €384,527
- Other operating charges -€25,939
down €25,939 (-58.9%), from €44,044 to €18,105
- Taxes +€10,615
up €10,615 (+194%), from €5,462 to €16,077
- Depreciation +€7,677
up €7,677 (+8.5%), from €90,079 to €97,756
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,220,872 | €1,088,487 | -€132,384 | -10.8% |
| Fixed assets | 21/28 | €336,521 | €245,023 | -€91,498 | -27.2% |
| Intangible fixed assets | 21 | €9,888 | €7,068 | -€2,820 | -28.5% |
| Tangible fixed assets | 22/27 | €313,374 | €224,697 | -€88,678 | -28.3% |
| Plant, machinery and equipment | 23 | €11,624 | €9,063 | -€2,561 | -22.0% |
| Furniture and vehicles | 24 | €287,505 | €206,799 | -€80,706 | -28.1% |
| Leasing and similar rights | 25 | €14,245 | €8,835 | -€5,411 | -38.0% |
| Financial fixed assets | 28 | €13,259 | €13,259 | = | 0.0% |
| Current assets | 29/58 | €884,350 | €843,464 | -€40,886 | -4.6% |
| Stocks and contracts in progress | 3 | €237,000 | €282,889 | +€45,889 | +19.4% |
| Stocks | 30/36 | €187,000 | €122,000 | -€65,000 | -34.8% |
| Contracts in progress | 37 | €50,000 | €160,889 | +€110,889 | +222% |
| Amounts receivable within one year | 40/41 | €458,287 | €424,321 | -€33,966 | -7.4% |
| Trade receivables | 40 | €405,211 | €391,418 | -€13,792 | -3.4% |
| Other amounts receivable | 41 | €53,076 | €32,903 | -€20,173 | -38.0% |
| Cash at bank and in hand | 54/58 | €181,607 | €130,738 | -€50,869 | -28.0% |
| Deferred charges and accrued income | 490/1 | €7,457 | €5,517 | -€1,940 | -26.0% |
| Total equity and liabilities | 10/49 | €1,220,872 | €1,088,487 | -€132,384 | -10.8% |
| Equity | 10/15 | €11,721 | €45,106 | +€33,386 | +285% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €146,075 | €146,075 | = | 0.0% |
| Distributable reserves | 133 | €146,075 | €146,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,354 | -€106,968 | +€33,386 | +23.8% |
| Amounts payable | 17/49 | €1,209,151 | €1,043,381 | -€165,770 | -13.7% |
| Amounts payable after more than one year | 17 | €306,799 | €230,614 | -€76,185 | -24.8% |
| Financial debts | 170/4 | €306,799 | €230,614 | -€76,185 | -24.8% |
| Amounts payable within one year | 42/48 | €902,108 | €812,767 | -€89,341 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €151,568 | €145,385 | -€6,182 | -4.1% |
| Financial debts | 43 | €150,000 | €137,400 | -€12,600 | -8.4% |
| Credit institutions | 430/8 | €150,000 | €137,400 | -€12,600 | -8.4% |
| Trade debts | 44 | €456,385 | €429,658 | -€26,728 | -5.9% |
| Suppliers | 440/4 | €456,385 | €429,658 | -€26,728 | -5.9% |
| Taxes, remuneration and social security | 45 | €137,076 | €94,131 | -€42,945 | -31.3% |
| Taxes | 450/3 | €8,115 | €58,700 | +€50,585 | +623% |
| Remuneration and social security | 454/9 | €128,961 | €35,431 | -€93,530 | -72.5% |
| Other amounts payable | 47/48 | €7,078 | €6,193 | -€886 | -12.5% |
| Accrued charges and deferred income | 492/3 | €244 | - | -€244 | |
| Non-recurring operating income | 76A | €384 | - | -€384 | |
| Remuneration, social security and pensions | 62 | €599,168 | €195,026 | -€404,142 | -67.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,079 | €97,756 | +€7,677 | +8.5% |
| Other operating charges | 640/8 | €44,044 | €18,105 | -€25,939 | -58.9% |
| Gross operating margin | 9900 | €619,397 | €384,527 | -€234,870 | -37.9% |
| Operating profit (loss) | 9901 | -€113,894 | €73,641 | +€187,534 | |
| Financial income | 75/76B | €5,204 | €4,136 | -€1,068 | -20.5% |
| Recurring financial income | 75 | €5,204 | €4,136 | -€1,068 | -20.5% |
| Financial charges | 65/66B | €28,610 | €28,314 | -€297 | -1.0% |
| Recurring financial charges | 65 | €28,610 | €28,314 | -€297 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€137,300 | €49,463 | +€186,763 | |
| Income taxes | 67/77 | €5,462 | €16,077 | +€10,615 | +194% |
| Profit (loss) for the period | 9904 | -€142,763 | €33,386 | +€176,148 | |
| Profit (loss) for the period to be appropriated | 9905 | -€142,763 | €33,386 | +€176,148 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.