SOLUD: 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.
SOLUD
Largest movements
- Tangible fixed assets -€35,428
down €35,428 (-4.6%), from €763,255 to €727,827
of which Land and buildings: -€27,191
- Cash +€15,540
up €15,540 (+35.0%), from €44,384 to €59,925
mainly Depreciation (+€48,374) and Net result for the year (+€22,551)
- Trade debts -€26,211
down €26,211 (-99.9%), from €26,240 to €30
- Profit (loss) carried forward +€22,551
up €22,551 (+18.7%), from -€120,410 to -€97,859
- Debts after one year -€19,793
down €19,793 (-10.4%), from €191,148 to €171,354
of which Financial debts: -€19,793
- Gross operating margin +€24,204
up €24,204 (+41.2%), from €58,767 to €82,970
- Depreciation +€4,110
up €4,110 (+9.3%), from €44,263 to €48,374
- Other operating charges +€1,954
up €1,954 (+20.8%), from €9,391 to €11,346
- Taxes +€1,375
new in 2025: €1,375
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 | €807,640 | €787,752 | -€19,888 | -2.5% |
| Fixed assets | 21/28 | €763,255 | €727,827 | -€35,428 | -4.6% |
| Tangible fixed assets | 22/27 | €763,255 | €727,827 | -€35,428 | -4.6% |
| Land and buildings | 22 | €633,824 | €606,632 | -€27,191 | -4.3% |
| Plant, machinery and equipment | 23 | €129,192 | €121,195 | -€7,997 | -6.2% |
| Furniture and vehicles | 24 | €240 | - | -€240 | |
| Current assets | 29/58 | €44,384 | €59,925 | +€15,540 | +35.0% |
| Cash at bank and in hand | 54/58 | €44,384 | €59,925 | +€15,540 | +35.0% |
| Total equity and liabilities | 10/49 | €807,640 | €787,752 | -€19,888 | -2.5% |
| Equity | 10/15 | €588,842 | €611,392 | +€22,551 | +3.8% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €9,251 | €9,251 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,815 | €1,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,410 | -€97,859 | +€22,551 | +18.7% |
| Amounts payable | 17/49 | €218,798 | €176,359 | -€42,439 | -19.4% |
| Amounts payable after more than one year | 17 | €191,148 | €171,354 | -€19,793 | -10.4% |
| Financial debts | 170/4 | €183,748 | €163,954 | -€19,793 | -10.8% |
| Other amounts payable | 178/9 | €7,400 | €7,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,650 | €5,005 | -€22,646 | -81.9% |
| Trade debts | 44 | €26,240 | €30 | -€26,211 | -99.9% |
| Suppliers | 440/4 | €26,240 | €30 | -€26,211 | -99.9% |
| Advances received on contracts in progress | 46 | - | €3,565 | +€3,565 | |
| Other amounts payable | 47/48 | €1,410 | €1,410 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,263 | €48,374 | +€4,110 | +9.3% |
| Other operating charges | 640/8 | €9,391 | €11,346 | +€1,954 | +20.8% |
| Gross operating margin | 9900 | €58,767 | €82,970 | +€24,204 | +41.2% |
| Operating profit (loss) | 9901 | €5,112 | €23,251 | +€18,139 | +354.8% |
| Financial income | 75/76B | €35 | €747 | +€712 | +2056.2% |
| Recurring financial income | 75 | €35 | €56 | +€21 | +60.3% |
| Non-recurring financial income | 76B | - | €692 | +€692 | |
| Financial charges | 65/66B | €58 | €72 | +€15 | +25.4% |
| Recurring financial charges | 65 | €58 | €72 | +€15 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €5,089 | €23,925 | +€18,837 | +370.2% |
| Income taxes | 67/77 | - | €1,375 | +€1,375 | |
| Profit (loss) for the period | 9904 | €5,089 | €22,551 | +€17,462 | +343.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,089 | €22,551 | +€17,462 | +343.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.