SOLSOC: 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.
SOLSOC
Largest movements
- Receivables within one year -€301,098
down €301,098 (-20.5%), from €1.5m to €1.2m
of which Trade receivables: -€159,472
- Cash +€234,622
up €234,622 (+10.3%), from €2.3m to €2.5m
mainly Net result for the year (+€472,951) and Receivables within one year (+€301,098)
- Debts within one year -€557,172
down €557,172 (-25.1%), from €2.2m to €1.7m
of which Advances received: -€609,178
- Reserves +€466,473
up €466,473 (+29.0%), from €1.6m to €2.1m
- Other operating charges -€674,973
down €674,973 (-11.2%), from €6.0m to €5.3m
- Gross operating margin -€419,939
down €419,939 (-5.6%), from €7.5m to €7.1m
- Staff costs +€119,608
up €119,608 (+10.5%), from €1.1m to €1.3m
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 | €4,032,392 | €3,928,346 | -€104,046 | -2.6% |
| Fixed assets | 21/28 | €221,049 | €200,897 | -€20,151 | -9.1% |
| Tangible fixed assets | 22/27 | €220,324 | €200,172 | -€20,151 | -9.1% |
| Plant, machinery and equipment | 23 | €38,186 | €33,031 | -€5,154 | -13.5% |
| Furniture and vehicles | 24 | €1,953 | €303 | -€1,650 | -84.5% |
| Leasing and similar rights | 25 | €180,185 | €166,838 | -€13,347 | -7.4% |
| Financial fixed assets | 28 | €725 | €725 | = | 0.0% |
| Current assets | 29/58 | €3,811,344 | €3,727,449 | -€83,895 | -2.2% |
| Amounts receivable within one year | 40/41 | €1,468,944 | €1,167,846 | -€301,098 | -20.5% |
| Trade receivables | 40 | €975,250 | €815,778 | -€159,472 | -16.4% |
| Other amounts receivable | 41 | €493,694 | €352,068 | -€141,626 | -28.7% |
| Cash at bank and in hand | 54/58 | €2,274,361 | €2,508,984 | +€234,622 | +10.3% |
| Deferred charges and accrued income | 490/1 | €68,038 | €50,619 | -€17,419 | -25.6% |
| Total equity and liabilities | 10/49 | €4,032,392 | €3,928,346 | -€104,046 | -2.6% |
| Equity | 10/15 | €1,642,473 | €2,108,947 | +€466,473 | +28.4% |
| Contributions | 10/11 | €36,126 | €36,126 | = | 0.0% |
| Capital | 10 | €36,126 | €36,126 | = | 0.0% |
| Reserves | 13 | €1,606,348 | €2,072,821 | +€466,473 | +29.0% |
| Amounts payable | 17/49 | €2,389,919 | €1,819,399 | -€570,519 | -23.9% |
| Amounts payable after more than one year | 17 | €166,838 | €153,491 | -€13,347 | -8.0% |
| Financial debts | 170/4 | €166,838 | €153,491 | -€13,347 | -8.0% |
| Amounts payable within one year | 42/48 | €2,223,081 | €1,665,909 | -€557,172 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €13,347 | €13,347 | = | 0.0% |
| Trade debts | 44 | €77,055 | €83,017 | +€5,962 | +7.7% |
| Suppliers | 440/4 | €77,055 | €83,017 | +€5,962 | +7.7% |
| Advances received on contracts in progress | 46 | €1,920,384 | €1,311,206 | -€609,178 | -31.7% |
| Taxes, remuneration and social security | 45 | €192,748 | €210,996 | +€18,248 | +9.5% |
| Taxes | 450/3 | €17,366 | €18,522 | +€1,157 | +6.7% |
| Remuneration and social security | 454/9 | €175,383 | €192,474 | +€17,091 | +9.7% |
| Remuneration, social security and pensions | 62 | €1,134,782 | €1,254,390 | +€119,608 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,593 | €20,151 | -€1,442 | -6.7% |
| Other operating charges | 640/8 | €6,008,538 | €5,333,564 | -€674,973 | -11.2% |
| Gross operating margin | 9900 | €7,498,505 | €7,078,566 | -€419,939 | -5.6% |
| Operating profit (loss) | 9901 | €333,592 | €470,460 | +€136,868 | +41.0% |
| Financial income | 75/76B | €170 | €11,306 | +€11,135 | +6,549% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Non-recurring financial income | 76B | €170 | €11,305 | +€11,135 | +6,550% |
| Financial charges | 65/66B | €17,052 | €8,814 | -€8,238 | -48.3% |
| Recurring financial charges | 65 | €6,351 | €6,344 | -€7 | -0.1% |
| Non-recurring financial charges | 66B | €10,701 | €2,470 | -€8,230 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €316,710 | €472,951 | +€156,241 | +49.3% |
| Profit (loss) for the period | 9904 | €316,710 | €472,951 | +€156,241 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €316,710 | €472,951 | +€156,241 | +49.3% |
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 14 October 2026 via checked.be.