SOLLEC: what changed
SOLLEC
Largest movements
- Tangible fixed assets +€35,098
up €35,098 (+719%), from €4,881 to €39,979
of which Leasing and similar rights: +€34,110
- Receivables within one year -€27,495
down €27,495 (-32.6%), from €84,227 to €56,732
of which Trade receivables: -€34,954
- Stocks and contracts +€24,565
up €24,565 (+132%), from €18,590 to €43,155
of which Contracts in progress: +€24,750
- Cash +€21,083
up €21,083 (+176%), from €11,975 to €33,058
mainly Receivables within one year (+€27,495) and Debts after one year (+€27,142)
- Debts after one year +€27,142
new in 2025: €27,142
- Reserves +€25,069
up €25,069 (+26.3%), from €95,449 to €120,519
- Trade debts -€7,349
down €7,349 (-32.4%), from €22,694 to €15,345
- Current portion of long-term debt +€7,123
new in 2025: €7,123
- Tax, wage and social debts +€1,846
up €1,846 (+378%), from €488 to €2,334
- Gross operating margin +€9,253
up €9,253 (+23.5%), from €39,445 to €48,698
- Other operating charges +€2,317
up €2,317 (+118%), from €1,968 to €4,285
- Depreciation +€2,137
up €2,137 (+47.7%), from €4,480 to €6,617
- Financial charges +€1,046
up €1,046 (+48.5%), from €2,157 to €3,202
- Taxes +€569
up €569 (+6.1%), from €9,264 to €9,834
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 | €125,486 | €179,035 | +€53,549 | +42.7% |
| Fixed assets | 21/28 | €7,681 | €42,779 | +€35,098 | +457% |
| Tangible fixed assets | 22/27 | €4,881 | €39,979 | +€35,098 | +719% |
| Land and buildings | 22 | €1,182 | €911 | -€271 | -22.9% |
| Plant, machinery and equipment | 23 | - | €2,093 | +€2,093 | |
| Furniture and vehicles | 24 | €2,764 | €2,691 | -€73 | -2.6% |
| Leasing and similar rights | 25 | - | €34,110 | +€34,110 | |
| Other tangible fixed assets | 26 | €935 | €173 | -€762 | -81.5% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €117,806 | €136,257 | +€18,451 | +15.7% |
| Stocks and contracts in progress | 3 | €18,590 | €43,155 | +€24,565 | +132% |
| Stocks | 30/36 | €18,590 | €18,405 | -€185 | -1.0% |
| Contracts in progress | 37 | - | €24,750 | +€24,750 | |
| Amounts receivable within one year | 40/41 | €84,227 | €56,732 | -€27,495 | -32.6% |
| Trade receivables | 40 | €81,648 | €46,694 | -€34,954 | -42.8% |
| Other amounts receivable | 41 | €2,579 | €10,038 | +€7,459 | +289% |
| Cash at bank and in hand | 54/58 | €11,975 | €33,058 | +€21,083 | +176% |
| Deferred charges and accrued income | 490/1 | €3,013 | €3,311 | +€298 | +9.9% |
| Total equity and liabilities | 10/49 | €125,486 | €179,035 | +€53,549 | +42.7% |
| Equity | 10/15 | €101,649 | €126,719 | +€25,069 | +24.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,449 | €120,519 | +€25,069 | +26.3% |
| Distributable reserves | 133 | €95,449 | €120,519 | +€25,069 | +26.3% |
| Amounts payable | 17/49 | €23,837 | €52,317 | +€28,479 | +119% |
| Amounts payable after more than one year | 17 | - | €27,142 | +€27,142 | |
| Financial debts | 170/4 | - | €27,142 | +€27,142 | |
| Amounts payable within one year | 42/48 | €23,182 | €24,802 | +€1,621 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,123 | +€7,123 | |
| Trade debts | 44 | €22,694 | €15,345 | -€7,349 | -32.4% |
| Suppliers | 440/4 | €22,694 | €15,345 | -€7,349 | -32.4% |
| Taxes, remuneration and social security | 45 | €488 | €2,334 | +€1,846 | +378% |
| Taxes | 450/3 | €488 | €2,334 | +€1,846 | +378% |
| Accrued charges and deferred income | 492/3 | €656 | €373 | -€283 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,480 | €6,617 | +€2,137 | +47.7% |
| Other operating charges | 640/8 | €1,968 | €4,285 | +€2,317 | +118% |
| Gross operating margin | 9900 | €39,445 | €48,698 | +€9,253 | +23.5% |
| Operating profit (loss) | 9901 | €32,996 | €37,796 | +€4,800 | +14.5% |
| Financial income | 75/76B | €117 | €310 | +€193 | +165% |
| Recurring financial income | 75 | €117 | €310 | +€193 | +165% |
| Financial charges | 65/66B | €2,157 | €3,202 | +€1,046 | +48.5% |
| Recurring financial charges | 65 | €2,157 | €3,202 | +€1,046 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | €30,956 | €34,903 | +€3,947 | +12.7% |
| Income taxes | 67/77 | €9,264 | €9,834 | +€569 | +6.1% |
| Profit (loss) for the period | 9904 | €21,692 | €25,069 | +€3,377 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,692 | €25,069 | +€3,377 | +15.6% |
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.