SOLMACO: 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.
SOLMACO
Largest movements
- Cash -€33,856
down €33,856 (-77.3%), from €43,805 to €9,949
mainly Investment in fixed assets (net) (-€32,726) and Net result for the year (-€16,229)
- Tangible fixed assets +€13,716
up €13,716 (+24.4%), from €56,253 to €69,969
of which Furniture and vehicles: +€30,362
- Receivables within one year +€5,309
up €5,309 (+276.6%), from €1,920 to €7,228
of which Trade receivables: +€3,555
- Reserves -€16,229
down €16,229 (-14.8%), from €109,932 to €93,703
of which Distributable reserves: -€16,229
- Trade debts +€4,313
up €4,313 (+553.0%), from €780 to €5,093
- Tax, wage and social debts -€2,206
down €2,206 (-86.6%), from €2,548 to €342
- Depreciation -€8,091
down €8,091 (-29.9%), from €27,101 to €19,010
- Gross operating margin +€674
up €674 (+17.7%), from €3,803 to €4,477
- Other operating charges -€291
down €291 (-26.4%), from €1,104 to €813
- Financial income +€261
up €261 (+29.3%), from €890 to €1,152
- Taxes -€45
down €45 (-24.8%), from €181 to €136
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 | €144,260 | €130,671 | -€13,589 | -9.4% |
| Fixed assets | 21/28 | €56,253 | €69,969 | +€13,716 | +24.4% |
| Tangible fixed assets | 22/27 | €56,253 | €69,969 | +€13,716 | +24.4% |
| Plant, machinery and equipment | 23 | €45,209 | €28,563 | -€16,646 | -36.8% |
| Furniture and vehicles | 24 | €11,044 | €41,406 | +€30,362 | +274.9% |
| Current assets | 29/58 | €88,008 | €60,702 | -€27,305 | -31.0% |
| Amounts receivable within one year | 40/41 | €1,920 | €7,228 | +€5,309 | +276.6% |
| Trade receivables | 40 | €1,212 | €4,768 | +€3,555 | +293.3% |
| Other amounts receivable | 41 | €707 | €2,461 | +€1,753 | +247.9% |
| Current investments | 50/53 | €40,000 | €41,080 | +€1,080 | +2.7% |
| Cash at bank and in hand | 54/58 | €43,805 | €9,949 | -€33,856 | -77.3% |
| Deferred charges and accrued income | 490/1 | €2,283 | €2,445 | +€162 | +7.1% |
| Total equity and liabilities | 10/49 | €144,260 | €130,671 | -€13,589 | -9.4% |
| Equity | 10/15 | €140,932 | €124,703 | -€16,229 | -11.5% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €109,932 | €93,703 | -€16,229 | -14.8% |
| Tax-exempt reserves | 132 | €1,236 | €1,236 | = | 0.0% |
| Distributable reserves | 133 | €108,696 | €92,467 | -€16,229 | -14.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,328 | €5,968 | +€2,640 | +79.3% |
| Amounts payable within one year | 42/48 | €3,328 | €5,968 | +€2,640 | +79.3% |
| Trade debts | 44 | €780 | €5,093 | +€4,313 | +553.0% |
| Suppliers | 440/4 | €780 | €5,093 | +€4,313 | +553.0% |
| Taxes, remuneration and social security | 45 | €2,548 | €342 | -€2,206 | -86.6% |
| Taxes | 450/3 | €2,548 | €342 | -€2,206 | -86.6% |
| Other amounts payable | 47/48 | - | €533 | +€533 | |
| Non-recurring operating income | 76A | - | €8,053 | +€8,053 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,101 | €19,010 | -€8,091 | -29.9% |
| Other operating charges | 640/8 | €1,104 | €813 | -€291 | -26.4% |
| Non-recurring operating charges | 66A | - | €1,820 | +€1,820 | |
| Gross operating margin | 9900 | €3,803 | €4,477 | +€674 | +17.7% |
| Operating profit (loss) | 9901 | -€24,402 | -€17,166 | +€7,236 | +29.7% |
| Financial income | 75/76B | €890 | €1,152 | +€261 | +29.3% |
| Recurring financial income | 75 | €890 | €1,152 | +€261 | +29.3% |
| Financial charges | 65/66B | €61 | €78 | +€17 | +28.3% |
| Recurring financial charges | 65 | €61 | €78 | +€17 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,573 | -€16,093 | +€7,480 | +31.7% |
| Income taxes | 67/77 | €181 | €136 | -€45 | -24.8% |
| Profit (loss) for the period | 9904 | -€23,754 | -€16,229 | +€7,525 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,754 | -€16,229 | +€7,525 | +31.7% |
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 29 September 2026 via checked.be.