SOLS: 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.
SOLS
Largest movements
- Receivables within one year -€12,346
down €12,346 (-92.0%), from €13,417 to €1,071
of which Other amounts receivable: -€12,281
- Cash +€7,158
up €7,158 (+61.5%), from €11,640 to €18,798
mainly Receivables within one year (+€12,346) and Accrued charges and deferred income (+€400)
- Tangible fixed assets +€4,050
up €4,050 (+1.2%), from €332,602 to €336,652
of which Assets under construction and advance payments: +€4,050
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€288
down €288 (-100.0%), from €288 to €0
- Gross operating margin +€282
up €282 (+26.9%), from -€1,047 to -€766
- Financial charges +€45
up €45 (+77.4%), from €58 to €102
- Other operating charges +€13
up €13 (+3.2%), from €405 to €418
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 | €357,659 | €356,521 | -€1,138 | -0.3% |
| Fixed assets | 21/28 | €332,602 | €336,652 | +€4,050 | +1.2% |
| Tangible fixed assets | 22/27 | €332,602 | €336,652 | +€4,050 | +1.2% |
| Land and buildings | 22 | €274,527 | €274,527 | = | 0.0% |
| Assets under construction and advance payments | 27 | €58,075 | €62,125 | +€4,050 | +7.0% |
| Current assets | 29/58 | €25,057 | €19,869 | -€5,188 | -20.7% |
| Amounts receivable within one year | 40/41 | €13,417 | €1,071 | -€12,346 | -92.0% |
| Trade receivables | 40 | €65 | €0 | -€65 | -100.0% |
| Other amounts receivable | 41 | €13,352 | €1,071 | -€12,281 | -92.0% |
| Cash at bank and in hand | 54/58 | €11,640 | €18,798 | +€7,158 | +61.5% |
| Total equity and liabilities | 10/49 | €357,659 | €356,521 | -€1,138 | -0.3% |
| Equity | 10/15 | €356,803 | €355,517 | -€1,286 | -0.4% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,197 | -€44,483 | -€1,286 | -3.0% |
| Amounts payable | 17/49 | €856 | €1,004 | +€148 | +17.3% |
| Amounts payable within one year | 42/48 | €856 | €604 | -€252 | -29.4% |
| Trade debts | 44 | €856 | €604 | -€252 | -29.4% |
| Suppliers | 440/4 | €856 | €604 | -€252 | -29.4% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | €0 | -€288 | -100.0% |
| Other operating charges | 640/8 | €405 | €418 | +€13 | +3.2% |
| Gross operating margin | 9900 | -€1,047 | -€766 | +€282 | +26.9% |
| Operating profit (loss) | 9901 | -€1,741 | -€1,184 | +€557 | +32.0% |
| Financial charges | 65/66B | €58 | €102 | +€45 | +77.4% |
| Recurring financial charges | 65 | €58 | €102 | +€45 | +77.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,798 | -€1,286 | +€513 | +28.5% |
| Profit (loss) for the period | 9904 | -€1,798 | -€1,286 | +€513 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,798 | -€1,286 | +€513 | +28.5% |
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 28 September 2026 via checked.be.