SOLTRATECH: 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.
SOLTRATECH
Largest movements
- Cash -€10,042
down €10,042 (-9.7%), from €104,022 to €93,980
mainly Contributions, distributions and other (-€60,000) and Tax, wage and social debts (-€3,017)
- Receivables within one year -€8,878
down €8,878 (-69.3%), from €12,804 to €3,927
of which Other amounts receivable: -€4,573
- Tangible fixed assets -€6,502
down €6,502 (-38.1%), from €17,064 to €10,562
- Profit (loss) carried forward -€48,464
down €48,464 (-65.1%), from €74,499 to €26,035
- Other debts +€28,046
up €28,046 (+179.6%), from €15,618 to €43,664
- Tax, wage and social debts -€3,017
down €3,017 (-12.9%), from €23,326 to €20,310
- Trade debts -€2,309
down €2,309 (-70.3%), from €3,284 to €975
- Turnover -€42,056
down €42,056 (-29.9%), from €140,611 to €98,555
- Gross operating margin -€24,070
down €24,070 (-51.7%), from €46,528 to €22,458
- Purchases and services -€14,430
down €14,430 (-14.8%), from €97,402 to €82,972
- Taxes -€13,023
down €13,023 (-76.1%), from €17,107 to €4,083
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 | €134,762 | €109,019 | -€25,743 | -19.1% |
| Fixed assets | 21/28 | €17,936 | €11,113 | -€6,823 | -38.0% |
| Intangible fixed assets | 21 | €722 | €401 | -€321 | -44.5% |
| Tangible fixed assets | 22/27 | €17,064 | €10,562 | -€6,502 | -38.1% |
| Furniture and vehicles | 24 | €17,064 | €10,562 | -€6,502 | -38.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €116,826 | €97,906 | -€18,920 | -16.2% |
| Amounts receivable within one year | 40/41 | €12,804 | €3,927 | -€8,878 | -69.3% |
| Trade receivables | 40 | €4,304 | - | -€4,304 | |
| Other amounts receivable | 41 | €8,500 | €3,927 | -€4,573 | -53.8% |
| Cash at bank and in hand | 54/58 | €104,022 | €93,980 | -€10,042 | -9.7% |
| Total equity and liabilities | 10/49 | €134,762 | €109,019 | -€25,743 | -19.1% |
| Equity | 10/15 | €92,535 | €44,071 | -€48,464 | -52.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,836 | €11,836 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Other | 1319 | €930 | €930 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,021 | €10,021 | = | 0.0% |
| Distributable reserves | 133 | €885 | €885 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,499 | €26,035 | -€48,464 | -65.1% |
| Amounts payable | 17/49 | €42,227 | €64,948 | +€22,721 | +53.8% |
| Amounts payable within one year | 42/48 | €42,227 | €64,948 | +€22,721 | +53.8% |
| Trade debts | 44 | €3,284 | €975 | -€2,309 | -70.3% |
| Suppliers | 440/4 | €3,284 | €975 | -€2,309 | -70.3% |
| Taxes, remuneration and social security | 45 | €23,326 | €20,310 | -€3,017 | -12.9% |
| Taxes | 450/3 | €23,326 | €20,310 | -€3,017 | -12.9% |
| Other amounts payable | 47/48 | €15,618 | €43,664 | +€28,046 | +179.6% |
| Turnover | 70 | €140,611 | €98,555 | -€42,056 | -29.9% |
| Non-recurring operating income | 76A | €3,319 | €1,800 | -€1,519 | -45.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €97,402 | €82,972 | -€14,430 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,308 | €6,823 | +€516 | +8.2% |
| Other operating charges | 640/8 | €670 | €52 | -€618 | -92.2% |
| Gross operating margin | 9900 | €46,528 | €22,458 | -€24,070 | -51.7% |
| Operating profit (loss) | 9901 | €39,551 | €15,582 | -€23,968 | -60.6% |
| Financial income | 75/76B | - | €174 | +€174 | |
| Recurring financial income | 75 | - | €174 | +€174 | |
| Financial charges | 65/66B | €85 | €138 | +€53 | +61.8% |
| Recurring financial charges | 65 | €85 | €138 | +€53 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €39,466 | €15,619 | -€23,846 | -60.4% |
| Income taxes | 67/77 | €17,107 | €4,083 | -€13,023 | -76.1% |
| Profit (loss) for the period | 9904 | €22,359 | €11,536 | -€10,823 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,359 | €11,536 | -€10,823 | -48.4% |
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.