SOLO: 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.
SOLO
Largest movements
- Receivables within one year +€28,306
up €28,306 (+1244.2%), from €2,275 to €30,581
of which Trade receivables: +€27,376
- Cash -€11,352
down €11,352 (-40.2%), from €28,211 to €16,860
mainly Receivables within one year (-€28,306) and Other debts (-€14,504)
- Intangible fixed assets -€3,500
no longer reported in 2024 (was €3,500)
- Tangible fixed assets -€1,370
down €1,370 (-31.3%), from €4,371 to €3,001
- Deferred charges and accrued income -€554
no longer reported in 2024 (was €554)
- Trade debts +€23,163
up €23,163 (+608.2%), from €3,809 to €26,971
- Other debts -€14,504
down €14,504 (-98.7%), from €14,692 to €188
- Profit (loss) carried forward +€4,719
up €4,719, from -€1,256 to €3,463
- Tax, wage and social debts -€1,721
down €1,721 (-50.0%), from €3,443 to €1,722
of which Remuneration and social security: -€3,400
- Taxes -€16,749
down €16,749 (-91.7%), from €18,272 to €1,523
- Gross operating margin +€4,176
up €4,176 (+56.7%), from €7,362 to €11,538
- Depreciation -€4,074
down €4,074 (-48.2%), from €8,444 to €4,370
- Other operating charges -€1,745
down €1,745 (-81.0%), from €2,153 to €408
- Financial charges +€378
up €378 (+269.7%), from €140 to €518
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,288 | €50,945 | +€11,657 | +29.7% |
| Fixed assets | 21/28 | €8,221 | €3,351 | -€4,870 | -59.2% |
| Intangible fixed assets | 21 | €3,500 | - | -€3,500 | |
| Tangible fixed assets | 22/27 | €4,371 | €3,001 | -€1,370 | -31.3% |
| Plant, machinery and equipment | 23 | €1,007 | €325 | -€682 | -67.8% |
| Furniture and vehicles | 24 | €580 | €290 | -€290 | -50.0% |
| Other tangible fixed assets | 26 | €2,784 | €2,386 | -€398 | -14.3% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €31,067 | €47,594 | +€16,527 | +53.2% |
| Stocks and contracts in progress | 3 | €27 | €153 | +€126 | +470.7% |
| Stocks | 30/36 | €27 | €153 | +€126 | +470.7% |
| Amounts receivable within one year | 40/41 | €2,275 | €30,581 | +€28,306 | +1244.2% |
| Trade receivables | 40 | €1,586 | €28,962 | +€27,376 | +1726.6% |
| Other amounts receivable | 41 | €690 | €1,619 | +€929 | +134.8% |
| Cash at bank and in hand | 54/58 | €28,211 | €16,860 | -€11,352 | -40.2% |
| Deferred charges and accrued income | 490/1 | €554 | - | -€554 | |
| Total equity and liabilities | 10/49 | €39,288 | €50,945 | +€11,657 | +29.7% |
| Equity | 10/15 | €17,344 | €22,063 | +€4,719 | +27.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,256 | €3,463 | +€4,719 | |
| Amounts payable | 17/49 | €21,944 | €28,882 | +€6,938 | +31.6% |
| Amounts payable within one year | 42/48 | €21,944 | €28,882 | +€6,938 | +31.6% |
| Trade debts | 44 | €3,809 | €26,971 | +€23,163 | +608.2% |
| Suppliers | 440/4 | €3,809 | €26,971 | +€23,163 | +608.2% |
| Taxes, remuneration and social security | 45 | €3,443 | €1,722 | -€1,721 | -50.0% |
| Taxes | 450/3 | €43 | €1,722 | +€1,679 | +3870.2% |
| Remuneration and social security | 454/9 | €3,400 | - | -€3,400 | |
| Other amounts payable | 47/48 | €14,692 | €188 | -€14,504 | -98.7% |
| Non-recurring operating income | 76A | - | €6,500 | +€6,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,444 | €4,370 | -€4,074 | -48.2% |
| Other operating charges | 640/8 | €2,153 | €408 | -€1,745 | -81.0% |
| Gross operating margin | 9900 | €7,362 | €11,538 | +€4,176 | +56.7% |
| Operating profit (loss) | 9901 | -€3,235 | €6,760 | +€9,995 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €140 | €518 | +€378 | +269.7% |
| Recurring financial charges | 65 | €140 | €518 | +€378 | +269.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,376 | €6,242 | +€9,617 | |
| Income taxes | 67/77 | €18,272 | €1,523 | -€16,749 | -91.7% |
| Profit (loss) for the period | 9904 | -€21,648 | €4,719 | +€26,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,648 | €4,719 | +€26,366 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.