Solmatec: 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.
Solmatec
Largest movements
- Cash -€22,148
down €22,148 (-27.9%), from €79,341 to €57,194
mainly Contributions, distributions and other (-€53,018) and Receivables within one year (-€17,271)
- Receivables within one year +€17,271
up €17,271 (+72.9%), from €23,691 to €40,963
of which Trade receivables: +€19,298
- Tangible fixed assets +€1,757
up €1,757 (+84.4%), from €2,081 to €3,838
- Other debts -€4,847
down €4,847 (-7.6%), from €63,857 to €59,010
- Current portion of long-term debt -€1,746
down €1,746 (-25.5%), from €6,843 to €5,097
- Gross operating margin -€13,311
down €13,311 (-16.5%), from €80,913 to €67,602
- Taxes -€1,522
down €1,522 (-9.6%), from €15,834 to €14,313
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 | €136,111 | €132,143 | -€3,969 | -2.9% |
| Fixed assets | 21/28 | €2,081 | €3,838 | +€1,757 | +84.4% |
| Tangible fixed assets | 22/27 | €2,081 | €3,838 | +€1,757 | +84.4% |
| Furniture and vehicles | 24 | €2,081 | €3,838 | +€1,757 | +84.4% |
| Current assets | 29/58 | €134,031 | €128,305 | -€5,726 | -4.3% |
| Amounts receivable within one year | 40/41 | €23,691 | €40,963 | +€17,271 | +72.9% |
| Trade receivables | 40 | €15,577 | €34,875 | +€19,298 | +124% |
| Other amounts receivable | 41 | €8,114 | €6,087 | -€2,027 | -25.0% |
| Current investments | 50/53 | €28,860 | €28,398 | -€462 | -1.6% |
| Cash at bank and in hand | 54/58 | €79,341 | €57,194 | -€22,148 | -27.9% |
| Deferred charges and accrued income | 490/1 | €2,137 | €1,750 | -€387 | -18.1% |
| Total equity and liabilities | 10/49 | €136,111 | €132,143 | -€3,969 | -2.9% |
| Equity | 10/15 | €57,910 | €57,910 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €39,360 | €39,360 | = | 0.0% |
| Distributable reserves | 133 | €39,360 | €39,360 | = | 0.0% |
| Amounts payable | 17/49 | €78,201 | €74,232 | -€3,969 | -5.1% |
| Amounts payable within one year | 42/48 | €78,201 | €73,834 | -€4,367 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €6,843 | €5,097 | -€1,746 | -25.5% |
| Trade debts | 44 | €1,617 | €2,736 | +€1,119 | +69.2% |
| Suppliers | 440/4 | €1,617 | €2,736 | +€1,119 | +69.2% |
| Taxes, remuneration and social security | 45 | €5,884 | €6,991 | +€1,107 | +18.8% |
| Taxes | 450/3 | €5,884 | €3,946 | -€1,938 | -32.9% |
| Remuneration and social security | 454/9 | - | €3,045 | +€3,045 | |
| Other amounts payable | 47/48 | €63,857 | €59,010 | -€4,847 | -7.6% |
| Accrued charges and deferred income | 492/3 | - | €398 | +€398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,753 | €1,549 | -€205 | -11.7% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | €80,913 | €67,602 | -€13,311 | -16.5% |
| Operating profit (loss) | 9901 | €79,012 | €65,904 | -€13,108 | -16.6% |
| Financial income | 75/76B | €3,937 | €4,397 | +€460 | +11.7% |
| Recurring financial income | 75 | €3,937 | €4,397 | +€460 | +11.7% |
| Financial charges | 65/66B | €3,257 | €2,970 | -€288 | -8.8% |
| Recurring financial charges | 65 | €3,257 | €2,970 | -€288 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €79,691 | €67,330 | -€12,361 | -15.5% |
| Income taxes | 67/77 | €15,834 | €14,313 | -€1,522 | -9.6% |
| Profit (loss) for the period | 9904 | €63,857 | €53,018 | -€10,839 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,857 | €53,018 | -€10,839 | -17.0% |
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 14 October 2026 via checked.be.