SOLLEM: 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.
SOLLEM
Largest movements
- Cash +€51,246
up €51,246 (+44.2%), from €116,051 to €167,297
mainly Net result for the year (+€52,704) and Tax, wage and social debts (+€5,513)
- Receivables within one year +€6,905
up €6,905 (+48.5%), from €14,243 to €21,148
- Reserves +€52,934
up €52,934 (+38.1%), from €138,805 to €191,739
of which Distributable reserves: +€52,934
- Tax, wage and social debts +€5,513
up €5,513 (+52.5%), from €10,507 to €16,019
- Gross operating margin +€8,930
up €8,930 (+13.4%), from €66,792 to €75,722
- Taxes +€2,352
up €2,352 (+13.1%), from €17,891 to €20,243
- Financial income +€2,018
new in 2025: €2,018
- Financial charges +€1,172
up €1,172, from -€907 to €266
- Depreciation +€767
up €767 (+121.4%), from €632 to €1,398
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 | €162,599 | €219,622 | +€57,023 | +35.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,778 | €4,380 | -€1,398 | -24.2% |
| Tangible fixed assets | 22/27 | €5,778 | €4,380 | -€1,398 | -24.2% |
| Land and buildings | 22 | €224 | €0 | -€224 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €5,554 | €4,380 | -€1,174 | -21.1% |
| Current assets | 29/58 | €156,821 | €215,242 | +€58,421 | +37.3% |
| Amounts receivable within one year | 40/41 | €14,243 | €21,148 | +€6,905 | +48.5% |
| Trade receivables | 40 | €14,243 | €21,148 | +€6,905 | +48.5% |
| Current investments | 50/53 | €25,419 | €25,419 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €116,051 | €167,297 | +€51,246 | +44.2% |
| Deferred charges and accrued income | 490/1 | €1,108 | €1,377 | +€270 | +24.4% |
| Total equity and liabilities | 10/49 | €162,599 | €219,622 | +€57,023 | +35.1% |
| Equity | 10/15 | €145,234 | €197,939 | +€52,704 | +36.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €138,805 | €191,739 | +€52,934 | +38.1% |
| Tax-exempt reserves | 132 | €8,360 | €8,360 | = | 0.0% |
| Distributable reserves | 133 | €130,445 | €183,379 | +€52,934 | +40.6% |
| Profit (loss) carried forward | 14 | €229 | - | -€229 | |
| Amounts payable | 17/49 | €17,365 | €21,683 | +€4,318 | +24.9% |
| Amounts payable within one year | 42/48 | €17,365 | €21,683 | +€4,318 | +24.9% |
| Trade debts | 44 | €2,083 | €1,093 | -€990 | -47.5% |
| Suppliers | 440/4 | €2,083 | €1,093 | -€990 | -47.5% |
| Taxes, remuneration and social security | 45 | €10,507 | €16,019 | +€5,513 | +52.5% |
| Taxes | 450/3 | €10,507 | €16,019 | +€5,513 | +52.5% |
| Other amounts payable | 47/48 | €4,775 | €4,571 | -€205 | -4.3% |
| Remuneration, social security and pensions | 62 | €1,899 | €1,948 | +€49 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €632 | €1,398 | +€767 | +121.4% |
| Other operating charges | 640/8 | €945 | €1,182 | +€237 | +25.1% |
| Gross operating margin | 9900 | €66,792 | €75,722 | +€8,930 | +13.4% |
| Operating profit (loss) | 9901 | €63,317 | €71,194 | +€7,878 | +12.4% |
| Financial income | 75/76B | - | €2,018 | +€2,018 | |
| Recurring financial income | 75 | - | €2,018 | +€2,018 | |
| Financial charges | 65/66B | -€907 | €266 | +€1,172 | |
| Recurring financial charges | 65 | -€907 | €266 | +€1,172 | |
| Profit (loss) for the period before taxes | 9903 | €64,224 | €72,947 | +€8,724 | +13.6% |
| Income taxes | 67/77 | €17,891 | €20,243 | +€2,352 | +13.1% |
| Profit (loss) for the period | 9904 | €46,333 | €52,704 | +€6,372 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,333 | €52,704 | +€6,372 | +13.8% |
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 4 October 2026 via checked.be.