Solka Construct: 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.
Solka Construct
Largest movements
- Deferred charges and accrued income -€369,071
down €369,071 (-66.5%), from €555,299 to €186,229
- Receivables within one year -€38,166
down €38,166 (-66.9%), from €57,010 to €18,844
of which Trade receivables: -€34,268
- Tangible fixed assets +€19,969
up €19,969 (+6586.9%), from €303 to €20,273
of which Plant, machinery and equipment: +€18,946
- Cash +€6,217
up €6,217 (+115.6%), from €5,378 to €11,595
mainly Deferred charges and accrued income (+€369,071) and Receivables within one year (+€38,166)
- Advances received -€394,963
down €394,963 (-73.2%), from €539,775 to €144,812
- Trade debts +€14,486
up €14,486 (+20.0%), from €72,328 to €86,814
- Taxes -€1,346
down €1,346 (-64.1%), from €2,099 to €753
- Gross operating margin +€877
up €877 (+105.3%), from €833 to €1,709
- Financial income +€517
up €517 (+90.3%), from €572 to €1,089
- Other operating charges +€361
up €361 (+37.7%), from €957 to €1,318
- Depreciation +€223
up €223 (+711.7%), from €31 to €255
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 | €617,990 | €236,941 | -€381,050 | -61.7% |
| Fixed assets | 21/28 | €303 | €20,273 | +€19,969 | +6586.9% |
| Tangible fixed assets | 22/27 | €303 | €20,273 | +€19,969 | +6586.9% |
| Plant, machinery and equipment | 23 | - | €18,946 | +€18,946 | |
| Furniture and vehicles | 24 | €303 | €1,327 | +€1,024 | +337.7% |
| Current assets | 29/58 | €617,687 | €216,668 | -€401,019 | -64.9% |
| Amounts receivable within one year | 40/41 | €57,010 | €18,844 | -€38,166 | -66.9% |
| Trade receivables | 40 | €34,268 | - | -€34,268 | |
| Other amounts receivable | 41 | €22,742 | €18,844 | -€3,898 | -17.1% |
| Cash at bank and in hand | 54/58 | €5,378 | €11,595 | +€6,217 | +115.6% |
| Deferred charges and accrued income | 490/1 | €555,299 | €186,229 | -€369,071 | -66.5% |
| Total equity and liabilities | 10/49 | €617,990 | €236,941 | -€381,050 | -61.7% |
| Equity | 10/15 | €3,198 | €3,598 | +€400 | +12.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,198 | €1,598 | +€400 | +33.4% |
| Amounts payable | 17/49 | €614,792 | €233,342 | -€381,450 | -62.0% |
| Amounts payable within one year | 42/48 | €614,792 | €233,342 | -€381,450 | -62.0% |
| Trade debts | 44 | €72,328 | €86,814 | +€14,486 | +20.0% |
| Suppliers | 440/4 | €72,328 | €86,814 | +€14,486 | +20.0% |
| Advances received on contracts in progress | 46 | €539,775 | €144,812 | -€394,963 | -73.2% |
| Taxes, remuneration and social security | 45 | €2,689 | €1,717 | -€972 | -36.2% |
| Taxes | 450/3 | €2,689 | €1,717 | -€972 | -36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €255 | +€223 | +711.7% |
| Other operating charges | 640/8 | €957 | €1,318 | +€361 | +37.7% |
| Gross operating margin | 9900 | €833 | €1,709 | +€877 | +105.3% |
| Operating profit (loss) | 9901 | -€156 | €136 | +€292 | |
| Financial income | 75/76B | €572 | €1,089 | +€517 | +90.3% |
| Recurring financial income | 75 | €572 | €1,089 | +€517 | +90.3% |
| Financial charges | 65/66B | €66 | €72 | +€5 | +7.9% |
| Recurring financial charges | 65 | €66 | €72 | +€5 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €350 | €1,154 | +€804 | +229.8% |
| Income taxes | 67/77 | €2,099 | €753 | -€1,346 | -64.1% |
| Profit (loss) for the period | 9904 | -€1,750 | €400 | +€2,150 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,750 | €400 | +€2,150 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.