Solitt Vastgoed: 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.
Solitt Vastgoed
Largest movements
- Cash -€24,345
down €24,345 (-60.6%), from €40,183 to €15,838
mainly Net result for the year (-€35,024) and Investment in fixed assets (net) (-€28,842)
- Receivables within one year -€23,199
down €23,199 (-50.6%), from €45,879 to €22,681
of which Trade receivables: -€34,352
- Tangible fixed assets +€11,603
up €11,603 (+6.6%), from €176,062 to €187,665
of which Plant, machinery and equipment: +€7,644
- Trade debts +€41,770
up €41,770 (+109%), from €38,479 to €80,249
- Reserves -€35,024
down €35,024 (-41.8%), from €83,819 to €48,795
- Tax, wage and social debts -€26,381
down €26,381 (-75.0%), from €35,156 to €8,775
of which Taxes: -€25,805
- Other debts -€20,590
no longer reported in 2025 (was €20,590)
- Debts after one year +€4,398
up €4,398 (+6.0%), from €73,849 to €78,246
- Gross operating margin -€77,652
down €77,652 (-37.1%), from €209,068 to €131,416
- Staff costs +€51,484
up €51,484 (+57.1%), from €90,135 to €141,619
- Taxes -€25,892
down €25,892, from €25,513 to -€379
- Depreciation +€9,842
up €9,842 (+133%), from €7,397 to €17,239
- Financial charges +€3,113
up €3,113 (+83.7%), from €3,719 to €6,831
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.
Derived cash bridge
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 | €268,017 | €232,438 | -€35,578 | -13.3% |
| Fixed assets | 21/28 | €178,925 | €190,528 | +€11,603 | +6.5% |
| Tangible fixed assets | 22/27 | €176,062 | €187,665 | +€11,603 | +6.6% |
| Land and buildings | 22 | €163,503 | €167,437 | +€3,934 | +2.4% |
| Plant, machinery and equipment | 23 | €6,007 | €13,651 | +€7,644 | +127% |
| Furniture and vehicles | 24 | €3,723 | €6,577 | +€2,854 | +76.6% |
| Other tangible fixed assets | 26 | €2,829 | €0 | -€2,829 | -100% |
| Financial fixed assets | 28 | €2,863 | €2,863 | = | 0.0% |
| Current assets | 29/58 | €89,092 | €41,911 | -€47,181 | -53.0% |
| Amounts receivable within one year | 40/41 | €45,879 | €22,681 | -€23,199 | -50.6% |
| Trade receivables | 40 | €42,050 | €7,698 | -€34,352 | -81.7% |
| Other amounts receivable | 41 | €3,829 | €14,983 | +€11,154 | +291% |
| Cash at bank and in hand | 54/58 | €40,183 | €15,838 | -€24,345 | -60.6% |
| Deferred charges and accrued income | 490/1 | €3,029 | €3,392 | +€363 | +12.0% |
| Total equity and liabilities | 10/49 | €268,017 | €232,438 | -€35,578 | -13.3% |
| Equity | 10/15 | €93,819 | €58,795 | -€35,024 | -37.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €83,819 | €48,795 | -€35,024 | -41.8% |
| Distributable reserves | 133 | €83,819 | €48,795 | -€35,024 | -41.8% |
| Amounts payable | 17/49 | €174,197 | €173,643 | -€554 | -0.3% |
| Amounts payable after more than one year | 17 | €73,849 | €78,246 | +€4,398 | +6.0% |
| Financial debts | 170/4 | €73,849 | €78,246 | +€4,398 | +6.0% |
| Amounts payable within one year | 42/48 | €100,349 | €95,396 | -€4,952 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €6,124 | €6,373 | +€248 | +4.1% |
| Trade debts | 44 | €38,479 | €80,249 | +€41,770 | +109% |
| Suppliers | 440/4 | €38,479 | €80,249 | +€41,770 | +109% |
| Taxes, remuneration and social security | 45 | €35,156 | €8,775 | -€26,381 | -75.0% |
| Taxes | 450/3 | €25,805 | - | -€25,805 | |
| Remuneration and social security | 454/9 | €9,351 | €8,775 | -€576 | -6.2% |
| Other amounts payable | 47/48 | €20,590 | - | -€20,590 | |
| Remuneration, social security and pensions | 62 | €90,135 | €141,619 | +€51,484 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,397 | €17,239 | +€9,842 | +133% |
| Other operating charges | 640/8 | €427 | €1,182 | +€755 | +177% |
| Gross operating margin | 9900 | €209,068 | €131,416 | -€77,652 | -37.1% |
| Operating profit (loss) | 9901 | €111,109 | -€28,624 | -€139,733 | |
| Financial income | 75/76B | €33 | €53 | +€19 | +57.9% |
| Recurring financial income | 75 | €33 | €53 | +€19 | +57.9% |
| Financial charges | 65/66B | €3,719 | €6,831 | +€3,113 | +83.7% |
| Recurring financial charges | 65 | €3,719 | €6,831 | +€3,113 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | €107,424 | -€35,403 | -€142,826 | |
| Income taxes | 67/77 | €25,513 | -€379 | -€25,892 | |
| Profit (loss) for the period | 9904 | €81,911 | -€35,024 | -€116,935 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,911 | -€35,024 | -€116,935 |
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 19 October 2026 via checked.be.