SOLITECO: 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.
SOLITECO
Largest movements
- Cash +€136,013
up €136,013 (+65.3%), from €208,217 to €344,230
mainly Other debts (+€100,745) and Receivables within one year (+€65,820)
- Receivables within one year -€65,820
down €65,820 (-65.3%), from €100,824 to €35,004
of which Trade receivables: -€66,311
- Current investments -€50,000
down €50,000 (-50.0%), from €100,000 to €50,000
- Tangible fixed assets +€9,259
up €9,259 (+196.2%), from €4,718 to €13,977
of which Furniture and vehicles: +€10,289
- Other debts +€100,745
up €100,745 (+216.2%), from €46,593 to €147,338
- Reserves -€70,309
down €70,309 (-42.5%), from €165,497 to €95,188
of which Distributable reserves: -€70,309
- Tax, wage and social debts -€12,885
down €12,885 (-36.4%), from €35,393 to €22,509
- Trade debts +€11,598
up €11,598 (+110.9%), from €10,462 to €22,059
- Gross operating margin -€18,138
down €18,138 (-24.1%), from €75,409 to €57,271
- Financial income +€4,792
up €4,792 (+252.1%), from €1,901 to €6,693
- Taxes -€4,700
down €4,700 (-24.2%), from €19,445 to €14,745
- Depreciation +€2,728
up €2,728 (+90.7%), from €3,008 to €5,736
- Financial charges -€1,363
down €1,363 (-11.9%), from €11,424 to €10,062
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 | €416,545 | €445,695 | +€29,149 | +7.0% |
| Fixed assets | 21/28 | €4,718 | €13,977 | +€9,259 | +196.2% |
| Tangible fixed assets | 22/27 | €4,718 | €13,977 | +€9,259 | +196.2% |
| Plant, machinery and equipment | 23 | €1,894 | €864 | -€1,030 | -54.4% |
| Furniture and vehicles | 24 | €2,824 | €13,113 | +€10,289 | +364.3% |
| Current assets | 29/58 | €411,827 | €431,718 | +€19,891 | +4.8% |
| Amounts receivable within one year | 40/41 | €100,824 | €35,004 | -€65,820 | -65.3% |
| Trade receivables | 40 | €100,808 | €34,497 | -€66,311 | -65.8% |
| Other amounts receivable | 41 | €17 | €507 | +€490 | +2970.1% |
| Current investments | 50/53 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €208,217 | €344,230 | +€136,013 | +65.3% |
| Deferred charges and accrued income | 490/1 | €2,786 | €2,484 | -€302 | -10.8% |
| Total equity and liabilities | 10/49 | €416,545 | €445,695 | +€29,149 | +7.0% |
| Equity | 10/15 | €184,097 | €113,788 | -€70,309 | -38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €165,497 | €95,188 | -€70,309 | -42.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €163,637 | €93,328 | -€70,309 | -43.0% |
| Amounts payable | 17/49 | €232,448 | €331,906 | +€99,458 | +42.8% |
| Amounts payable after more than one year | 17 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 170/4 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,448 | €191,906 | +€99,458 | +107.6% |
| Trade debts | 44 | €10,462 | €22,059 | +€11,598 | +110.9% |
| Suppliers | 440/4 | €10,462 | €22,059 | +€11,598 | +110.9% |
| Taxes, remuneration and social security | 45 | €35,393 | €22,509 | -€12,885 | -36.4% |
| Taxes | 450/3 | €35,393 | €22,509 | -€12,885 | -36.4% |
| Other amounts payable | 47/48 | €46,593 | €147,338 | +€100,745 | +216.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,008 | €5,736 | +€2,728 | +90.7% |
| Other operating charges | 640/8 | €1,056 | €1,019 | -€37 | -3.5% |
| Gross operating margin | 9900 | €75,409 | €57,271 | -€18,138 | -24.1% |
| Operating profit (loss) | 9901 | €71,345 | €50,516 | -€20,829 | -29.2% |
| Financial income | 75/76B | €1,901 | €6,693 | +€4,792 | +252.1% |
| Recurring financial income | 75 | €1,901 | €6,693 | +€4,792 | +252.1% |
| Financial charges | 65/66B | €11,424 | €10,062 | -€1,363 | -11.9% |
| Recurring financial charges | 65 | €11,424 | €10,062 | -€1,363 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €61,821 | €47,147 | -€14,674 | -23.7% |
| Income taxes | 67/77 | €19,445 | €14,745 | -€4,700 | -24.2% |
| Profit (loss) for the period | 9904 | €42,376 | €32,402 | -€9,974 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,376 | €32,402 | -€9,974 | -23.5% |
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 3 October 2026 via checked.be.