SOLORMIN: 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.
SOLORMIN
Largest movements
- Tangible fixed assets -€64,235
down €64,235 (-6.3%), from €1.0m to €961,327
- Cash -€48,473
down €48,473 (-62.1%), from €78,002 to €29,529
mainly Debts after one year (-€105,071) and Other debts (-€31,210)
- Receivables within one year +€12,736
up €12,736 (+86.8%), from €14,672 to €27,407
- Debts after one year -€105,071
down €105,071 (-24.1%), from €435,721 to €330,650
- Reserves +€56,500
up €56,500 (+43.1%), from €131,200 to €187,700
of which Distributable reserves: +€56,500
- Other debts -€31,210
down €31,210 (-15.4%), from €202,906 to €171,695
- Current portion of long-term debt -€13,107
down €13,107 (-9.7%), from €135,490 to €122,384
- Gross operating margin -€14,583
down €14,583 (-7.1%), from €204,046 to €189,463
- Taxes -€4,830
down €4,830 (-13.7%), from €35,244 to €30,414
- Financial charges -€3,601
down €3,601 (-24.1%), from €14,937 to €11,335
- Other operating charges -€3,510
down €3,510 (-15.7%), from €22,343 to €18,833
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 | €1,120,552 | €1,023,975 | -€96,577 | -8.6% |
| Fixed assets | 21/28 | €1,025,562 | €961,327 | -€64,235 | -6.3% |
| Tangible fixed assets | 22/27 | €1,025,562 | €961,327 | -€64,235 | -6.3% |
| Land and buildings | 22 | €1,025,562 | €961,327 | -€64,235 | -6.3% |
| Current assets | 29/58 | €94,990 | €62,648 | -€32,342 | -34.0% |
| Amounts receivable within one year | 40/41 | €14,672 | €27,407 | +€12,736 | +86.8% |
| Other amounts receivable | 41 | €14,672 | €27,407 | +€12,736 | +86.8% |
| Cash at bank and in hand | 54/58 | €78,002 | €29,529 | -€48,473 | -62.1% |
| Deferred charges and accrued income | 490/1 | €2,317 | €5,713 | +€3,396 | +146.5% |
| Total equity and liabilities | 10/49 | €1,120,552 | €1,023,975 | -€96,577 | -8.6% |
| Equity | 10/15 | €306,319 | €362,849 | +€56,530 | +18.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €131,200 | €187,700 | +€56,500 | +43.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €125,000 | €181,500 | +€56,500 | +45.2% |
| Profit (loss) carried forward | 14 | €113,119 | €113,149 | +€30 | 0.0% |
| Amounts payable | 17/49 | €814,233 | €661,127 | -€153,107 | -18.8% |
| Amounts payable after more than one year | 17 | €435,721 | €330,650 | -€105,071 | -24.1% |
| Financial debts | 170/4 | €435,721 | €330,650 | -€105,071 | -24.1% |
| Amounts payable within one year | 42/48 | €375,913 | €330,356 | -€45,557 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €135,490 | €122,384 | -€13,107 | -9.7% |
| Trade debts | 44 | €17,275 | €21,470 | +€4,195 | +24.3% |
| Suppliers | 440/4 | €17,275 | €21,470 | +€4,195 | +24.3% |
| Taxes, remuneration and social security | 45 | €20,241 | €14,807 | -€5,435 | -26.8% |
| Taxes | 450/3 | €20,241 | €14,807 | -€5,435 | -26.8% |
| Other amounts payable | 47/48 | €202,906 | €171,695 | -€31,210 | -15.4% |
| Accrued charges and deferred income | 492/3 | €2,600 | €121 | -€2,479 | -95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,466 | €73,602 | +€137 | +0.2% |
| Other operating charges | 640/8 | €22,343 | €18,833 | -€3,510 | -15.7% |
| Gross operating margin | 9900 | €204,046 | €189,463 | -€14,583 | -7.1% |
| Operating profit (loss) | 9901 | €108,237 | €97,027 | -€11,210 | -10.4% |
| Financial income | 75/76B | €7 | €1,252 | +€1,245 | +18014.0% |
| Recurring financial income | 75 | €7 | €1,252 | +€1,245 | +18014.0% |
| Financial charges | 65/66B | €14,937 | €11,335 | -€3,601 | -24.1% |
| Recurring financial charges | 65 | €14,937 | €11,335 | -€3,601 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €93,308 | €86,944 | -€6,364 | -6.8% |
| Income taxes | 67/77 | €35,244 | €30,414 | -€4,830 | -13.7% |
| Profit (loss) for the period | 9904 | €58,064 | €56,530 | -€1,534 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €58,064 | €56,530 | -€1,534 | -2.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.