SoLogInnov: 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.
SoLogInnov
Largest movements
- Tangible fixed assets +€512,255
up €512,255 (+54.2%), from €945,654 to €1.5m
of which Land and buildings: +€888,396
- Cash -€84,913
down €84,913 (-63.2%), from €134,274 to €49,360
mainly Investment in fixed assets (net) (-€549,761) and Trade debts (-€41,989)
- Contributions +€214,000
up €214,000 (+46.3%), from €462,200 to €676,200
- Debts after one year +€178,826
up €178,826 (+164.0%), from €109,046 to €287,872
- Other debts +€100,571
up €100,571 (+138.7%), from €72,500 to €173,071
- Trade debts -€41,989
down €41,989 (-74.7%), from €56,247 to €14,258
- Profit (loss) carried forward -€41,371
down €41,371 (-351.8%), from -€11,760 to -€53,131
- Depreciation +€24,286
up €24,286 (+178.3%), from €13,621 to €37,906
- Gross operating margin -€20,880
down €20,880, from €13,983 to -€6,897
- Staff costs -€11,177
down €11,177, from €11,150 to -€27
- Financial charges +€5,327
up €5,327 (+10681.4%), from €50 to €5,377
- Financial income -€1,984
down €1,984 (-16.1%), from €12,357 to €10,373
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 | €1,111,292 | €1,533,083 | +€421,791 | +38.0% |
| Fixed assets | 21/28 | €946,375 | €1,458,229 | +€511,855 | +54.1% |
| Intangible fixed assets | 21 | €545 | €145 | -€400 | -73.4% |
| Tangible fixed assets | 22/27 | €945,654 | €1,457,909 | +€512,255 | +54.2% |
| Land and buildings | 22 | €365,281 | €1,253,677 | +€888,396 | +243.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €580,374 | €204,232 | -€376,142 | -64.8% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €164,918 | €74,854 | -€90,064 | -54.6% |
| Amounts receivable within one year | 40/41 | €29,930 | €24,152 | -€5,778 | -19.3% |
| Trade receivables | 40 | €17,949 | €0 | -€17,949 | -100.0% |
| Other amounts receivable | 41 | €11,981 | €24,152 | +€12,170 | +101.6% |
| Cash at bank and in hand | 54/58 | €134,274 | €49,360 | -€84,913 | -63.2% |
| Deferred charges and accrued income | 490/1 | €714 | €1,342 | +€628 | +87.9% |
| Total equity and liabilities | 10/49 | €1,111,292 | €1,533,083 | +€421,791 | +38.0% |
| Equity | 10/15 | €873,499 | €1,035,764 | +€162,264 | +18.6% |
| Contributions | 10/11 | €462,200 | €676,200 | +€214,000 | +46.3% |
| Profit (loss) carried forward | 14 | -€11,760 | -€53,131 | -€41,371 | -351.8% |
| Investment grants | 15 | €423,060 | €412,695 | -€10,365 | -2.4% |
| Amounts payable | 17/49 | €237,793 | €497,320 | +€259,527 | +109.1% |
| Amounts payable after more than one year | 17 | €109,046 | €287,872 | +€178,826 | +164.0% |
| Financial debts | 170/4 | €109,046 | €287,872 | +€178,826 | +164.0% |
| Amounts payable within one year | 42/48 | €128,747 | €207,633 | +€78,886 | +61.3% |
| Current portion of amounts payable after more than one year | 42 | - | €18,703 | +€18,703 | |
| Trade debts | 44 | €56,247 | €14,258 | -€41,989 | -74.7% |
| Suppliers | 440/4 | €56,247 | €14,258 | -€41,989 | -74.7% |
| Taxes, remuneration and social security | 45 | €0 | €1,601 | +€1,601 | |
| Taxes | 450/3 | €0 | €1,601 | +€1,601 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €72,500 | €173,071 | +€100,571 | +138.7% |
| Accrued charges and deferred income | 492/3 | - | €1,814 | +€1,814 | |
| Remuneration, social security and pensions | 62 | €11,150 | -€27 | -€11,177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,621 | €37,906 | +€24,286 | +178.3% |
| Other operating charges | 640/8 | €768 | €1,592 | +€823 | +107.1% |
| Gross operating margin | 9900 | €13,983 | -€6,897 | -€20,880 | |
| Operating profit (loss) | 9901 | -€11,557 | -€46,368 | -€34,811 | -301.2% |
| Financial income | 75/76B | €12,357 | €10,373 | -€1,984 | -16.1% |
| Recurring financial income | 75 | €12,357 | €10,373 | -€1,984 | -16.1% |
| Financial charges | 65/66B | €50 | €5,377 | +€5,327 | +10681.4% |
| Recurring financial charges | 65 | €50 | €5,377 | +€5,327 | +10681.4% |
| Profit (loss) for the period before taxes | 9903 | €751 | -€41,371 | -€42,122 | |
| Profit (loss) for the period | 9904 | €751 | -€41,371 | -€42,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €751 | -€41,371 | -€42,122 |
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 8 October 2026 via checked.be.