Solufact: 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.
Solufact
Largest movements
- Tangible fixed assets -€30,133
down €30,133 (-8.1%), from €373,921 to €343,788
- Cash -€9,065
no longer reported in 2025 (was €9,065)
mainly Contributions, distributions and other (-€39,026) and Debts after one year (-€15,457)
- Reserves -€21,807
down €21,807 (-19.5%), from €111,819 to €90,013
- Debts after one year -€15,457
down €15,457 (-6.9%), from €224,074 to €208,617
- Tax, wage and social debts -€12,050
down €12,050 (-39.9%), from €30,195 to €18,146
of which Taxes: -€8,006
- Short-term financial debts +€8,766
new in 2025: €8,766
- Gross operating margin -€38,529
down €38,529 (-35.8%), from €107,628 to €69,100
- Taxes -€7,624
down €7,624 (-50.7%), from €15,028 to €7,403
- Other operating charges +€2,937
up €2,937 (+125.9%), from €2,333 to €5,271
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 | €389,902 | €350,166 | -€39,736 | -10.2% |
| Fixed assets | 21/28 | €374,113 | €343,788 | -€30,325 | -8.1% |
| Intangible fixed assets | 21 | €192 | - | -€192 | |
| Tangible fixed assets | 22/27 | €373,921 | €343,788 | -€30,133 | -8.1% |
| Land and buildings | 22 | €337,695 | €327,449 | -€10,246 | -3.0% |
| Plant, machinery and equipment | 23 | €18,314 | €8,896 | -€9,418 | -51.4% |
| Furniture and vehicles | 24 | €17,911 | €7,442 | -€10,469 | -58.4% |
| Current assets | 29/58 | €15,789 | €6,378 | -€9,411 | -59.6% |
| Amounts receivable within one year | 40/41 | €6,570 | €6,212 | -€358 | -5.4% |
| Trade receivables | 40 | €4,705 | €319 | -€4,387 | -93.2% |
| Other amounts receivable | 41 | €1,864 | €5,894 | +€4,029 | +216.1% |
| Cash at bank and in hand | 54/58 | €9,065 | - | -€9,065 | |
| Deferred charges and accrued income | 490/1 | €154 | €166 | +€12 | +7.8% |
| Total equity and liabilities | 10/49 | €389,902 | €350,166 | -€39,736 | -10.2% |
| Equity | 10/15 | €112,819 | €91,013 | -€21,807 | -19.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €111,819 | €90,013 | -€21,807 | -19.5% |
| Distributable reserves | 133 | €111,819 | €90,013 | -€21,807 | -19.5% |
| Amounts payable | 17/49 | €277,083 | €259,153 | -€17,929 | -6.5% |
| Amounts payable after more than one year | 17 | €224,074 | €208,617 | -€15,457 | -6.9% |
| Financial debts | 170/4 | €224,074 | €208,617 | -€15,457 | -6.9% |
| Amounts payable within one year | 42/48 | €53,008 | €50,537 | -€2,472 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €18,357 | €20,522 | +€2,166 | +11.8% |
| Financial debts | 43 | - | €8,766 | +€8,766 | |
| Credit institutions | 430/8 | - | €8,766 | +€8,766 | |
| Trade debts | 44 | €1,331 | €2,277 | +€946 | +71.0% |
| Suppliers | 440/4 | €1,331 | €2,277 | +€946 | +71.0% |
| Taxes, remuneration and social security | 45 | €30,195 | €18,146 | -€12,050 | -39.9% |
| Taxes | 450/3 | €26,152 | €18,146 | -€8,006 | -30.6% |
| Remuneration and social security | 454/9 | €4,043 | - | -€4,043 | |
| Other amounts payable | 47/48 | €3,125 | €825 | -€2,300 | -73.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,863 | €30,325 | +€462 | +1.5% |
| Other operating charges | 640/8 | €2,333 | €5,271 | +€2,937 | +125.9% |
| Gross operating margin | 9900 | €107,628 | €69,100 | -€38,529 | -35.8% |
| Operating profit (loss) | 9901 | €75,432 | €33,504 | -€41,928 | -55.6% |
| Financial income | 75/76B | €5 | €225 | +€220 | +4382.7% |
| Recurring financial income | 75 | €5 | €225 | +€220 | +4382.7% |
| Financial charges | 65/66B | €9,325 | €9,107 | -€218 | -2.3% |
| Recurring financial charges | 65 | €9,325 | €9,107 | -€218 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €66,112 | €24,623 | -€41,490 | -62.8% |
| Income taxes | 67/77 | €15,028 | €7,403 | -€7,624 | -50.7% |
| Profit (loss) for the period | 9904 | €51,085 | €17,220 | -€33,865 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,085 | €17,220 | -€33,865 | -66.3% |
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 8 October 2026 via checked.be.