SoLow België: what changed
SoLow België
Largest movements
- Tangible fixed assets -€401,029
down €401,029 (-29.8%), from €1.3m to €942,766
of which Other tangible fixed assets: -€352,055
- Stocks and contracts -€89,471
down €89,471 (-12.9%), from €694,219 to €604,748
- Deferred charges and accrued income +€45,324
up €45,324 (+332%), from €13,640 to €58,964
- Receivables within one year +€44,522
up €44,522 (+62.5%), from €71,197 to €115,719
of which Other amounts receivable: +€60,000
- Profit (loss) carried forward -€614,965
new in 2025: -€614,965
- Trade debts +€405,227
up €405,227 (+118%), from €344,636 to €749,863
- Other debts -€66,817
down €66,817 (-4.4%), from €1.5m to €1.4m
- Tax, wage and social debts -€58,471
down €58,471 (-13.7%), from €427,031 to €368,560
of which Taxes: -€60,171
- Accrued charges and deferred income -€56,884
down €56,884 (-85.7%), from €66,345 to €9,461
- Gross operating margin -€1.0m
down €1.0m (-43.6%), from €2.4m to €1.3m
- Staff costs -€287,513
down €287,513 (-18.1%), from €1.6m to €1.3m
- Financial charges -€50,268
down €50,268 (-28.4%), from €177,059 to €126,791
- Other operating charges -€28,666
down €28,666 (-27.3%), from €104,991 to €76,326
- Taxes -€24,815
no longer reported in 2025 (was €24,815)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,416,995 | €2,025,087 | -€391,909 | -16.2% |
| Fixed assets | 21/28 | €1,350,156 | €945,088 | -€405,069 | -30.0% |
| Intangible fixed assets | 21 | €6,361 | €2,321 | -€4,040 | -63.5% |
| Tangible fixed assets | 22/27 | €1,343,795 | €942,766 | -€401,029 | -29.8% |
| Furniture and vehicles | 24 | €244,529 | €195,555 | -€48,974 | -20.0% |
| Other tangible fixed assets | 26 | €1,099,266 | €747,211 | -€352,055 | -32.0% |
| Current assets | 29/58 | €1,066,839 | €1,079,999 | +€13,160 | +1.2% |
| Stocks and contracts in progress | 3 | €694,219 | €604,748 | -€89,471 | -12.9% |
| Stocks | 30/36 | €694,219 | €604,748 | -€89,471 | -12.9% |
| Amounts receivable within one year | 40/41 | €71,197 | €115,719 | +€44,522 | +62.5% |
| Trade receivables | 40 | €71,197 | €55,719 | -€15,478 | -21.7% |
| Other amounts receivable | 41 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €287,783 | €300,569 | +€12,785 | +4.4% |
| Deferred charges and accrued income | 490/1 | €13,640 | €58,964 | +€45,324 | +332% |
| Total equity and liabilities | 10/49 | €2,416,995 | €2,025,087 | -€391,909 | -16.2% |
| Equity | 10/15 | €77,160 | -€537,805 | -€614,965 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €77,060 | €77,060 | = | 0.0% |
| Distributable reserves | 133 | €77,060 | €77,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€614,965 | -€614,965 | |
| Amounts payable | 17/49 | €2,339,835 | €2,562,892 | +€223,056 | +9.5% |
| Amounts payable within one year | 42/48 | €2,273,491 | €2,553,431 | +€279,940 | +12.3% |
| Trade debts | 44 | €344,636 | €749,863 | +€405,227 | +118% |
| Suppliers | 440/4 | €344,636 | €749,863 | +€405,227 | +118% |
| Taxes, remuneration and social security | 45 | €427,031 | €368,560 | -€58,471 | -13.7% |
| Taxes | 450/3 | €226,581 | €166,410 | -€60,171 | -26.6% |
| Remuneration and social security | 454/9 | €200,450 | €202,150 | +€1,700 | +0.8% |
| Other amounts payable | 47/48 | €1,501,824 | €1,435,008 | -€66,817 | -4.4% |
| Accrued charges and deferred income | 492/3 | €66,345 | €9,461 | -€56,884 | -85.7% |
| Remuneration, social security and pensions | 62 | €1,587,446 | €1,299,932 | -€287,513 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €434,961 | €447,091 | +€12,129 | +2.8% |
| Other operating charges | 640/8 | €104,991 | €76,326 | -€28,666 | -27.3% |
| Gross operating margin | 9900 | €2,357,838 | €1,330,703 | -€1.0m | -43.6% |
| Operating profit (loss) | 9901 | €230,440 | -€492,646 | -€723,086 | |
| Financial income | 75/76B | €2,159 | €4,473 | +€2,313 | +107% |
| Recurring financial income | 75 | €2,159 | €4,473 | +€2,313 | +107% |
| Financial charges | 65/66B | €177,059 | €126,791 | -€50,268 | -28.4% |
| Recurring financial charges | 65 | €177,059 | €126,791 | -€50,268 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €55,540 | -€614,965 | -€670,505 | |
| Income taxes | 67/77 | €24,815 | - | -€24,815 | |
| Profit (loss) for the period | 9904 | €30,725 | -€614,965 | -€645,690 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,725 | -€614,965 | -€645,690 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.