Solminco: 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.
Solminco
Largest movements
- Cash +€38,949
up €38,949 (+36.6%), from €106,332 to €145,281
mainly Net result for the year (+€42,695) and Receivables within one year (+€10,204)
- Receivables within one year -€10,204
down €10,204 (-22.1%), from €46,209 to €36,005
of which Other amounts receivable: -€12,584
- Tangible fixed assets -€5,793
down €5,793 (-24.0%), from €24,120 to €18,327
of which Other tangible fixed assets: -€3,601
- Reserves +€37,465
up €37,465 (+28.3%), from €132,393 to €169,858
- Other debts -€16,309
down €16,309 (-100.0%), from €16,309 to €0
- Tax, wage and social debts -€6,112
down €6,112 (-69.6%), from €8,775 to €2,664
- Short-term financial debts +€6,057
up €6,057 (+196.8%), from €3,078 to €9,135
- Current portion of long-term debt +€3,069
new in 2025: €3,069
- Gross operating margin +€30,994
up €30,994 (+76.9%), from €40,284 to €71,278
- Taxes +€9,325
up €9,325 (+88.3%), from €10,560 to €19,885
- Financial charges +€2,194
up €2,194 (+240.8%), from €911 to €3,105
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 | €177,512 | €200,739 | +€23,226 | +13.1% |
| Fixed assets | 21/28 | €24,155 | €18,362 | -€5,793 | -24.0% |
| Tangible fixed assets | 22/27 | €24,120 | €18,327 | -€5,793 | -24.0% |
| Plant, machinery and equipment | 23 | €3,868 | €2,761 | -€1,107 | -28.6% |
| Furniture and vehicles | 24 | €6,405 | €5,320 | -€1,085 | -16.9% |
| Other tangible fixed assets | 26 | €13,847 | €10,246 | -€3,601 | -26.0% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €153,358 | €182,377 | +€29,019 | +18.9% |
| Amounts receivable within one year | 40/41 | €46,209 | €36,005 | -€10,204 | -22.1% |
| Trade receivables | 40 | €21,590 | €23,970 | +€2,380 | +11.0% |
| Other amounts receivable | 41 | €24,619 | €12,036 | -€12,584 | -51.1% |
| Cash at bank and in hand | 54/58 | €106,332 | €145,281 | +€38,949 | +36.6% |
| Deferred charges and accrued income | 490/1 | €817 | €1,090 | +€273 | +33.4% |
| Total equity and liabilities | 10/49 | €177,512 | €200,739 | +€23,226 | +13.1% |
| Equity | 10/15 | €140,831 | €178,297 | +€37,465 | +26.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €132,393 | €169,858 | +€37,465 | +28.3% |
| Distributable reserves | 133 | €132,393 | €169,858 | +€37,465 | +28.3% |
| Profit (loss) carried forward | 14 | €2,239 | €2,239 | = | 0.0% |
| Amounts payable | 17/49 | €36,681 | €22,442 | -€14,239 | -38.8% |
| Amounts payable within one year | 42/48 | €36,489 | €22,442 | -€14,047 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,069 | +€3,069 | |
| Financial debts | 43 | €3,078 | €9,135 | +€6,057 | +196.8% |
| Credit institutions | 430/8 | €3,078 | €9,135 | +€6,057 | +196.8% |
| Trade debts | 44 | €8,327 | €7,574 | -€754 | -9.0% |
| Suppliers | 440/4 | €8,327 | €7,574 | -€754 | -9.0% |
| Taxes, remuneration and social security | 45 | €8,775 | €2,664 | -€6,112 | -69.6% |
| Taxes | 450/3 | €8,775 | €2,664 | -€6,112 | -69.6% |
| Other amounts payable | 47/48 | €16,309 | €0 | -€16,309 | -100.0% |
| Accrued charges and deferred income | 492/3 | €192 | €0 | -€192 | -100.0% |
| Non-recurring operating income | 76A | - | €6,335 | +€6,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,704 | €6,825 | +€121 | +1.8% |
| Other operating charges | 640/8 | €1,646 | €1,073 | -€573 | -34.8% |
| Gross operating margin | 9900 | €40,284 | €71,278 | +€30,994 | +76.9% |
| Operating profit (loss) | 9901 | €31,934 | €63,380 | +€31,446 | +98.5% |
| Financial income | 75/76B | €1,776 | €2,306 | +€530 | +29.8% |
| Recurring financial income | 75 | €1,776 | €2,306 | +€530 | +29.8% |
| Financial charges | 65/66B | €911 | €3,105 | +€2,194 | +240.8% |
| Recurring financial charges | 65 | €911 | €3,105 | +€2,194 | +240.8% |
| Profit (loss) for the period before taxes | 9903 | €32,799 | €62,581 | +€29,782 | +90.8% |
| Income taxes | 67/77 | €10,560 | €19,885 | +€9,325 | +88.3% |
| Profit (loss) for the period | 9904 | €22,239 | €42,695 | +€20,457 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,239 | €42,695 | +€20,457 | +92.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.