Solo K: 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 K
Largest movements
- Receivables within one year +€71,796
up €71,796 (+13,143%), from €546 to €72,342
of which Other amounts receivable: +€41,590
- Stocks and contracts -€12,500
down €12,500 (-63.1%), from €19,806 to €7,306
- Cash +€2,915
up €2,915 (+143%), from €2,032 to €4,947
mainly Advances received (+€61,048) and Trade debts (+€44,625)
- Advances received +€61,048
new in 2024: €61,048
- Other debts -€50,784
no longer reported in 2024 (was €50,784)
- Trade debts +€44,625
up €44,625 (+324%), from €13,773 to €58,398
- Profit (loss) carried forward +€7,090
up €7,090 (+12.3%), from -€57,620 to -€50,530
- Short-term financial debts -€2,416
no longer reported in 2024 (was €2,416)
- Gross operating margin +€22,960
up €22,960 (+133%), from €17,273 to €40,233
- Staff costs +€13,826
up €13,826 (+91.8%), from €15,053 to €28,879
- Financial charges -€663
down €663 (-19.5%), from €3,396 to €2,733
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.
Derived cash bridge
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 | €22,680 | €84,595 | +€61,915 | +273% |
| Current assets | 29/58 | €22,680 | €84,595 | +€61,915 | +273% |
| Stocks and contracts in progress | 3 | €19,806 | €7,306 | -€12,500 | -63.1% |
| Stocks | 30/36 | €19,806 | €7,306 | -€12,500 | -63.1% |
| Amounts receivable within one year | 40/41 | €546 | €72,342 | +€71,796 | +13,143% |
| Trade receivables | 40 | - | €30,206 | +€30,206 | |
| Other amounts receivable | 41 | €546 | €42,136 | +€41,590 | +7,613% |
| Cash at bank and in hand | 54/58 | €2,032 | €4,947 | +€2,915 | +143% |
| Deferred charges and accrued income | 490/1 | €295 | - | -€295 | |
| Total equity and liabilities | 10/49 | €22,680 | €84,595 | +€61,915 | +273% |
| Equity | 10/15 | -€49,560 | -€42,470 | +€7,090 | +14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,620 | -€50,530 | +€7,090 | +12.3% |
| Amounts payable | 17/49 | €72,239 | €127,065 | +€54,826 | +75.9% |
| Amounts payable within one year | 42/48 | €72,239 | €127,065 | +€54,826 | +75.9% |
| Financial debts | 43 | €2,416 | - | -€2,416 | |
| Credit institutions | 430/8 | €2,416 | - | -€2,416 | |
| Trade debts | 44 | €13,773 | €58,398 | +€44,625 | +324% |
| Suppliers | 440/4 | €13,773 | €58,398 | +€44,625 | +324% |
| Advances received on contracts in progress | 46 | - | €61,048 | +€61,048 | |
| Taxes, remuneration and social security | 45 | €5,266 | €7,619 | +€2,353 | +44.7% |
| Taxes | 450/3 | - | €7,619 | +€7,619 | |
| Remuneration and social security | 454/9 | €5,266 | - | -€5,266 | |
| Other amounts payable | 47/48 | €50,784 | - | -€50,784 | |
| Remuneration, social security and pensions | 62 | €15,053 | €28,879 | +€13,826 | +91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €281 | - | -€281 | |
| Other operating charges | 640/8 | €1,701 | €1,537 | -€164 | -9.6% |
| Gross operating margin | 9900 | €17,273 | €40,233 | +€22,960 | +133% |
| Operating profit (loss) | 9901 | €238 | €9,817 | +€9,579 | +4,024% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €3,396 | €2,733 | -€663 | -19.5% |
| Recurring financial charges | 65 | €3,396 | €2,733 | -€663 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,158 | €7,090 | +€10,247 | |
| Profit (loss) for the period | 9904 | -€3,158 | €7,090 | +€10,247 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,158 | €7,090 | +€10,247 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.