SoLoT3: 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.
SoLoT3
Largest movements
- Receivables after one year -€300,000
down €300,000 (-16.7%), from €1.8m to €1.5m
- Cash +€120,314
up €120,314 (+229%), from €52,427 to €172,741
mainly Receivables after one year (+€300,000) and Trade debts (+€100,000)
- Debts after one year -€300,000
down €300,000 (-22.8%), from €1.3m to €1.0m
of which Financial debts: -€300,000
- Trade debts +€100,000
up €100,000, from €0 to €100,000
- Turnover +€19,619
up €19,619 (+3.2%), from €605,071 to €624,690
- Financial income -€12,000
down €12,000 (-13.8%), from €87,000 to €75,000
- Financial charges -€7,396
down €7,396 (-17.4%), from €42,528 to €35,132
- Taxes +€6,568
up €6,568 (+82.5%), from €7,961 to €14,529
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.
Derived cash bridge
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 | €4,608,963 | €4,459,241 | -€149,722 | -3.2% |
| Fixed assets | 21/28 | €2,332,500 | €2,332,500 | = | 0.0% |
| Financial fixed assets | 28 | €2,332,500 | €2,332,500 | = | 0.0% |
| Affiliated companies | 280/1 | €2,332,500 | €2,332,500 | = | 0.0% |
| Participating interests | 280 | €2,332,500 | €2,332,500 | = | 0.0% |
| Current assets | 29/58 | €2,276,463 | €2,126,741 | -€149,722 | -6.6% |
| Amounts receivable after more than one year | 29 | €1,800,000 | €1,500,000 | -€300,000 | -16.7% |
| Other amounts receivable | 291 | €1,800,000 | €1,500,000 | -€300,000 | -16.7% |
| Amounts receivable within one year | 40/41 | €361,037 | €400,000 | +€38,963 | +10.8% |
| Trade receivables | 40 | €61,011 | €100,000 | +€38,989 | +63.9% |
| Other amounts receivable | 41 | €300,025 | €300,000 | -€25 | 0.0% |
| Cash at bank and in hand | 54/58 | €52,427 | €172,741 | +€120,314 | +229% |
| Deferred charges and accrued income | 490/1 | €63,000 | €54,000 | -€9,000 | -14.3% |
| Total equity and liabilities | 10/49 | €4,608,963 | €4,459,241 | -€149,722 | -3.2% |
| Equity | 10/15 | €2,985,894 | €3,029,482 | +€43,588 | +1.5% |
| Contributions | 10/11 | €2,550,000 | €2,550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €435,894 | €479,482 | +€43,588 | +10.0% |
| Amounts payable | 17/49 | €1,623,069 | €1,429,759 | -€193,310 | -11.9% |
| Amounts payable after more than one year | 17 | €1,317,879 | €1,017,879 | -€300,000 | -22.8% |
| Financial debts | 170/4 | €1,200,000 | €900,000 | -€300,000 | -25.0% |
| Credit institutions | 173 | €1,200,000 | €900,000 | -€300,000 | -25.0% |
| Other amounts payable | 178/9 | €117,879 | €117,879 | = | 0.0% |
| Amounts payable within one year | 42/48 | €301,961 | €409,297 | +€107,336 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 43 | - | €2,780 | +€2,780 | |
| Credit institutions | 430/8 | - | €2,780 | +€2,780 | |
| Trade debts | 44 | €0 | €100,000 | +€100,000 | |
| Suppliers | 440/4 | €0 | €100,000 | +€100,000 | |
| Taxes, remuneration and social security | 45 | €1,961 | €6,517 | +€4,556 | +232% |
| Taxes | 450/3 | €1,961 | €6,517 | +€4,556 | +232% |
| Accrued charges and deferred income | 492/3 | €3,229 | €2,583 | -€646 | -20.0% |
| Operating income | 70/76A | €605,071 | €624,690 | +€19,619 | +3.2% |
| Turnover | 70 | €605,071 | €624,690 | +€19,619 | +3.2% |
| Operating charges | 60/66A | €606,399 | €606,442 | +€42 | 0.0% |
| Services and other goods | 61 | €605,432 | €605,443 | +€11 | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | -€1,328 | €18,249 | +€19,577 | |
| Financial income | 75/76B | €87,000 | €75,000 | -€12,000 | -13.8% |
| Recurring financial income | 75 | €87,000 | €75,000 | -€12,000 | -13.8% |
| Income from current assets | 751 | €87,000 | €75,000 | -€12,000 | -13.8% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €42,528 | €35,132 | -€7,396 | -17.4% |
| Recurring financial charges | 65 | €42,528 | €35,132 | -€7,396 | -17.4% |
| Debt charges | 650 | €42,438 | €34,993 | -€7,444 | -17.5% |
| Other financial charges | 652/9 | €90 | €138 | +€48 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €43,144 | €58,117 | +€14,973 | +34.7% |
| Income taxes | 67/77 | €7,961 | €14,529 | +€6,568 | +82.5% |
| Taxes | 670/3 | €7,961 | €14,529 | +€6,568 | +82.5% |
| Profit (loss) for the period | 9904 | €35,183 | €43,588 | +€8,405 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,183 | €43,588 | +€8,405 | +23.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.