SOLLY: 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.
SOLLY
Largest movements
- Tangible fixed assets +€28,368
up €28,368 (+9.9%), from €286,152 to €314,520
of which Other tangible fixed assets: +€19,027
- Receivables within one year -€19,104
down €19,104 (-99.7%), from €19,170 to €66
of which Trade receivables: -€19,170
- Other debts +€11,173
up €11,173 (+51.5%), from €21,703 to €32,876
- Profit (loss) carried forward -€9,827
down €9,827 (-78.1%), from -€12,588 to -€22,415
- Debts after one year +€7,699
up €7,699 (+3.4%), from €228,217 to €235,916
of which Financial debts: +€6,199
- Current portion of long-term debt +€3,481
up €3,481 (+22.1%), from €15,723 to €19,204
- Write-downs +€15,899
up €15,899 (+88.2%), from -€18,036 to -€2,137
- Depreciation +€5,151
up €5,151 (+16.1%), from €32,057 to €37,208
- Gross operating margin +€5,022
up €5,022 (+16.1%), from €31,122 to €36,144
- Other operating charges +€2,186
up €2,186 (+47.1%), from €4,641 to €6,827
- Financial charges +€1,941
up €1,941 (+48.9%), from €3,966 to €5,907
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 | €329,494 | €342,653 | +€13,159 | +4.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €286,152 | €314,520 | +€28,368 | +9.9% |
| Tangible fixed assets | 22/27 | €286,152 | €314,520 | +€28,368 | +9.9% |
| Land and buildings | 22 | €49,055 | €44,474 | -€4,581 | -9.3% |
| Plant, machinery and equipment | 23 | - | €13,127 | +€13,127 | |
| Furniture and vehicles | 24 | €0 | €795 | +€795 | |
| Other tangible fixed assets | 26 | €237,097 | €256,124 | +€19,027 | +8.0% |
| Current assets | 29/58 | €43,342 | €28,133 | -€15,209 | -35.1% |
| Amounts receivable within one year | 40/41 | €19,170 | €66 | -€19,104 | -99.7% |
| Trade receivables | 40 | €19,170 | - | -€19,170 | |
| Other amounts receivable | 41 | - | €66 | +€66 | |
| Cash at bank and in hand | 54/58 | €23,616 | €24,221 | +€605 | +2.6% |
| Deferred charges and accrued income | 490/1 | €556 | €3,846 | +€3,290 | +591.5% |
| Total equity and liabilities | 10/49 | €329,494 | €342,653 | +€13,159 | +4.0% |
| Equity | 10/15 | €62,803 | €51,371 | -€11,432 | -18.2% |
| Contributions | 10/11 | €44,382 | €44,382 | = | 0.0% |
| Reserves | 13 | €31,009 | €29,404 | -€1,605 | -5.2% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,909 | €29,304 | -€1,605 | -5.2% |
| Profit (loss) carried forward | 14 | -€12,588 | -€22,415 | -€9,827 | -78.1% |
| Amounts payable | 17/49 | €266,691 | €291,282 | +€24,591 | +9.2% |
| Amounts payable after more than one year | 17 | €228,217 | €235,916 | +€7,699 | +3.4% |
| Financial debts | 170/4 | €119,217 | €125,416 | +€6,199 | +5.2% |
| Other amounts payable | 178/9 | €109,000 | €110,500 | +€1,500 | +1.4% |
| Amounts payable within one year | 42/48 | €37,846 | €55,044 | +€17,197 | +45.4% |
| Current portion of amounts payable after more than one year | 42 | €15,723 | €19,204 | +€3,481 | +22.1% |
| Trade debts | 44 | €420 | €926 | +€506 | +120.4% |
| Suppliers | 440/4 | €420 | €926 | +€506 | +120.4% |
| Taxes, remuneration and social security | 45 | - | €2,037 | +€2,037 | |
| Taxes | 450/3 | - | €2,037 | +€2,037 | |
| Other amounts payable | 47/48 | €21,703 | €32,876 | +€11,173 | +51.5% |
| Accrued charges and deferred income | 492/3 | €627 | €322 | -€305 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,057 | €37,208 | +€5,151 | +16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€18,036 | -€2,137 | +€15,899 | +88.2% |
| Other operating charges | 640/8 | €4,641 | €6,827 | +€2,186 | +47.1% |
| Gross operating margin | 9900 | €31,122 | €36,144 | +€5,022 | +16.1% |
| Operating profit (loss) | 9901 | €12,460 | -€5,753 | -€18,213 | |
| Financial income | 75/76B | €4 | €228 | +€224 | +5322.1% |
| Recurring financial income | 75 | €4 | €228 | +€224 | +5322.1% |
| Financial charges | 65/66B | €3,966 | €5,907 | +€1,941 | +48.9% |
| Recurring financial charges | 65 | €3,966 | €5,907 | +€1,941 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €8,498 | -€11,432 | -€19,930 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100.0% |
| Profit (loss) for the period | 9904 | €8,497 | -€11,432 | -€19,929 | |
| Transfer from tax-exempt reserves | 789 | €1,605 | €1,605 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,102 | -€9,827 | -€19,929 |
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 5 October 2026 via checked.be.