Sollex: 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.
Sollex
Largest movements
- Cash +€12,182
up €12,182 (+277%), from €4,400 to €16,582
mainly Trade debts (+€6,769) and Other debts (+€5,769)
- Receivables within one year +€3,122
up €3,122 (+9.2%), from €33,779 to €36,901
of which Other amounts receivable: +€2,420
- Tangible fixed assets +€1,086
new in 2025: €1,086
- Reserves +€26,416
up €26,416 (+1,420%), from €1,860 to €28,276
- Profit (loss) carried forward -€23,714
down €23,714 (-100%), from €23,714 to €0
- Trade debts +€6,769
up €6,769 (+4,513%), from €150 to €6,919
- Other debts +€5,769
new in 2025: €5,769
- Tax, wage and social debts +€1,217
up €1,217 (+65.3%), from €1,865 to €3,082
- Gross operating margin -€12,083
down €12,083 (-69.9%), from €17,293 to €5,211
- Taxes -€1,270
down €1,270 (-32.0%), from €3,970 to €2,700
- Financial income +€1,013
up €1,013 (+948%), from €107 to €1,120
- Write-downs +€855
up €855, from -€855 to €0
- Other operating charges -€841
down €841 (-55.4%), from €1,518 to €677
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 | €38,589 | €55,046 | +€16,457 | +42.6% |
| Fixed assets | 21/28 | - | €1,086 | +€1,086 | |
| Tangible fixed assets | 22/27 | - | €1,086 | +€1,086 | |
| Furniture and vehicles | 24 | - | €1,086 | +€1,086 | |
| Current assets | 29/58 | €38,589 | €53,960 | +€15,371 | +39.8% |
| Amounts receivable within one year | 40/41 | €33,779 | €36,901 | +€3,122 | +9.2% |
| Trade receivables | 40 | €13,643 | €14,345 | +€702 | +5.1% |
| Other amounts receivable | 41 | €20,136 | €22,556 | +€2,420 | +12.0% |
| Cash at bank and in hand | 54/58 | €4,400 | €16,582 | +€12,182 | +277% |
| Deferred charges and accrued income | 490/1 | €410 | €477 | +€67 | +16.4% |
| Total equity and liabilities | 10/49 | €38,589 | €55,046 | +€16,457 | +42.6% |
| Equity | 10/15 | €35,574 | €38,276 | +€2,702 | +7.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €28,276 | +€26,416 | +1,420% |
| Distributable reserves | 133 | €1,860 | €28,276 | +€26,416 | +1,420% |
| Profit (loss) carried forward | 14 | €23,714 | €0 | -€23,714 | -100% |
| Amounts payable | 17/49 | €3,015 | €16,770 | +€13,755 | +456% |
| Amounts payable within one year | 42/48 | €2,015 | €15,770 | +€13,755 | +683% |
| Trade debts | 44 | €150 | €6,919 | +€6,769 | +4,513% |
| Suppliers | 440/4 | €150 | €6,919 | +€6,769 | +4,513% |
| Taxes, remuneration and social security | 45 | €1,865 | €3,082 | +€1,217 | +65.3% |
| Taxes | 450/3 | €1,865 | €3,082 | +€1,217 | +65.3% |
| Other amounts payable | 47/48 | - | €5,769 | +€5,769 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €211 | +€211 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€855 | €0 | +€855 | |
| Other operating charges | 640/8 | €1,518 | €677 | -€841 | -55.4% |
| Gross operating margin | 9900 | €17,293 | €5,211 | -€12,083 | -69.9% |
| Operating profit (loss) | 9901 | €16,630 | €4,322 | -€12,308 | -74.0% |
| Financial income | 75/76B | €107 | €1,120 | +€1,013 | +948% |
| Recurring financial income | 75 | €107 | €1,120 | +€1,013 | +948% |
| Financial charges | 65/66B | €41 | €40 | -€1 | -1.2% |
| Recurring financial charges | 65 | €41 | €40 | -€1 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €16,696 | €5,402 | -€11,294 | -67.6% |
| Income taxes | 67/77 | €3,970 | €2,700 | -€1,270 | -32.0% |
| Profit (loss) for the period | 9904 | €12,726 | €2,702 | -€10,024 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,726 | €2,702 | -€10,024 | -78.8% |
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 13 October 2026 via checked.be.