SOLOTEC: 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.
SOLOTEC
Largest movements
- Stocks and contracts -€180,263
down €180,263 (-40.4%), from €445,963 to €265,700
of which Contracts in progress: -€180,263
- Receivables within one year -€29,604
down €29,604 (-8.1%), from €365,895 to €336,290
of which Other amounts receivable: -€28,067
- Cash +€22,503
new in 2025: €22,503
mainly Stocks and contracts (+€180,263) and Receivables within one year (+€29,604)
- Trade debts -€164,646
down €164,646 (-31.4%), from €525,068 to €360,422
- Other debts -€26,370
down €26,370 (-15.4%), from €171,618 to €145,247
- Reserves +€18,512
up €18,512 (+30.7%), from €60,271 to €78,783
- Short-term financial debts -€13,213
no longer reported in 2025 (was €13,213)
- Gross operating margin +€22,297
up €22,297 (+351.0%), from €6,353 to €28,650
- Financial charges -€9,801
down €9,801 (-91.6%), from €10,697 to €895
- Taxes +€6,587
up €6,587 (+1213.9%), from €543 to €7,130
- Other operating charges -€6,342
down €6,342 (-77.9%), from €8,139 to €1,798
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 | €815,548 | €626,193 | -€189,355 | -23.2% |
| Fixed assets | 21/28 | €656 | €1,700 | +€1,044 | +159.2% |
| Tangible fixed assets | 22/27 | €656 | - | -€656 | |
| Furniture and vehicles | 24 | €656 | - | -€656 | |
| Financial fixed assets | 28 | - | €1,700 | +€1,700 | |
| Current assets | 29/58 | €814,892 | €624,493 | -€190,399 | -23.4% |
| Stocks and contracts in progress | 3 | €445,963 | €265,700 | -€180,263 | -40.4% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Contracts in progress | 37 | €444,963 | €264,700 | -€180,263 | -40.5% |
| Amounts receivable within one year | 40/41 | €365,895 | €336,290 | -€29,604 | -8.1% |
| Trade receivables | 40 | €337,025 | €335,488 | -€1,537 | -0.5% |
| Other amounts receivable | 41 | €28,869 | €802 | -€28,067 | -97.2% |
| Cash at bank and in hand | 54/58 | - | €22,503 | +€22,503 | |
| Deferred charges and accrued income | 490/1 | €3,035 | - | -€3,035 | |
| Total equity and liabilities | 10/49 | €815,548 | €626,193 | -€189,355 | -23.2% |
| Equity | 10/15 | €80,731 | €99,243 | +€18,512 | +22.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €60,271 | €78,783 | +€18,512 | +30.7% |
| Distributable reserves | 133 | €60,271 | €78,783 | +€18,512 | +30.7% |
| Amounts payable | 17/49 | €734,817 | €526,950 | -€207,867 | -28.3% |
| Amounts payable within one year | 42/48 | €717,518 | €512,799 | -€204,719 | -28.5% |
| Financial debts | 43 | €13,213 | - | -€13,213 | |
| Credit institutions | 430/8 | €13,213 | - | -€13,213 | |
| Trade debts | 44 | €525,068 | €360,422 | -€164,646 | -31.4% |
| Suppliers | 440/4 | €525,068 | €360,422 | -€164,646 | -31.4% |
| Taxes, remuneration and social security | 45 | €7,619 | €7,130 | -€490 | -6.4% |
| Taxes | 450/3 | €7,619 | €7,130 | -€490 | -6.4% |
| Other amounts payable | 47/48 | €171,618 | €145,247 | -€26,370 | -15.4% |
| Accrued charges and deferred income | 492/3 | €17,299 | €14,151 | -€3,148 | -18.2% |
| Non-recurring operating income | 76A | €11,762 | - | -€11,762 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €917 | €656 | -€261 | -28.5% |
| Other operating charges | 640/8 | €8,139 | €1,798 | -€6,342 | -77.9% |
| Gross operating margin | 9900 | €6,353 | €28,650 | +€22,297 | +351.0% |
| Operating profit (loss) | 9901 | -€2,703 | €26,196 | +€28,899 | |
| Financial income | 75/76B | €359 | €341 | -€19 | -5.2% |
| Recurring financial income | 75 | €359 | €341 | -€19 | -5.2% |
| Financial charges | 65/66B | €10,697 | €895 | -€9,801 | -91.6% |
| Recurring financial charges | 65 | €10,697 | €895 | -€9,801 | -91.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,041 | €25,642 | +€38,682 | |
| Income taxes | 67/77 | €543 | €7,130 | +€6,587 | +1213.9% |
| Profit (loss) for the period | 9904 | -€13,583 | €18,512 | +€32,095 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,583 | €18,512 | +€32,095 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.