SOLSEL: 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.
SOLSEL
Largest movements
- Cash -€6,115
down €6,115 (-78.9%), from €7,746 to €1,631
mainly Net result for the year (-€6,967) and Investment in fixed assets (net) (-€2,097)
- Profit (loss) carried forward -€6,967
down €6,967 (-37.3%), from -€18,680 to -€25,647
- Other debts +€1,670
up €1,670 (+6.2%), from €26,786 to €28,456
- Tax, wage and social debts -€1,089
down €1,089 (-89.8%), from €1,212 to €123
- Trade debts +€542
up €542 (+98.3%), from €552 to €1,094
- Gross operating margin -€16,976
down €16,976, from €13,751 to -€3,226
- Other operating charges +€830
up €830 (+215.8%), from €384 to €1,214
- Financial charges -€581
down €581 (-51.6%), from €1,126 to €545
- Depreciation +€518
up €518 (+35.3%), from €1,469 to €1,987
- Taxes -€505
down €505, from €500 to -€5
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,470 | €22,626 | -€5,844 | -20.5% |
| Fixed assets | 21/28 | €20,356 | €20,465 | +€109 | +0.5% |
| Tangible fixed assets | 22/27 | €20,286 | €20,395 | +€109 | +0.5% |
| Land and buildings | 22 | €18,046 | €17,466 | -€580 | -3.2% |
| Furniture and vehicles | 24 | €2,240 | €2,929 | +€690 | +30.8% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €8,114 | €2,161 | -€5,953 | -73.4% |
| Amounts receivable within one year | 40/41 | €368 | €530 | +€162 | +43.9% |
| Trade receivables | 40 | €368 | - | -€368 | |
| Other amounts receivable | 41 | - | €530 | +€530 | |
| Cash at bank and in hand | 54/58 | €7,746 | €1,631 | -€6,115 | -78.9% |
| Total equity and liabilities | 10/49 | €28,470 | €22,626 | -€5,844 | -20.5% |
| Equity | 10/15 | -€80 | -€7,047 | -€6,967 | -8709.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,680 | -€25,647 | -€6,967 | -37.3% |
| Amounts payable | 17/49 | €28,550 | €29,673 | +€1,124 | +3.9% |
| Amounts payable within one year | 42/48 | €28,550 | €29,673 | +€1,124 | +3.9% |
| Trade debts | 44 | €552 | €1,094 | +€542 | +98.3% |
| Suppliers | 440/4 | €552 | €1,094 | +€542 | +98.3% |
| Taxes, remuneration and social security | 45 | €1,212 | €123 | -€1,089 | -89.8% |
| Taxes | 450/3 | €1,212 | €123 | -€1,089 | -89.8% |
| Other amounts payable | 47/48 | €26,786 | €28,456 | +€1,670 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,469 | €1,987 | +€518 | +35.3% |
| Other operating charges | 640/8 | €384 | €1,214 | +€830 | +215.8% |
| Gross operating margin | 9900 | €13,751 | -€3,226 | -€16,976 | |
| Operating profit (loss) | 9901 | €11,897 | -€6,427 | -€18,324 | |
| Financial charges | 65/66B | €1,126 | €545 | -€581 | -51.6% |
| Recurring financial charges | 65 | €1,126 | €545 | -€581 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €10,771 | -€6,972 | -€17,743 | |
| Income taxes | 67/77 | €500 | -€5 | -€505 | |
| Profit (loss) for the period | 9904 | €10,271 | -€6,967 | -€17,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,271 | -€6,967 | -€17,238 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.