SOLUFIN: 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.
SOLUFIN
Largest movements
- Tangible fixed assets +€48,452
up €48,452 (+375.4%), from €12,907 to €61,360
of which Furniture and vehicles: +€55,268
- Receivables within one year +€28,262
up €28,262 (+134.5%), from €21,007 to €49,269
- Current investments -€19,423
down €19,423 (-99.6%), from €19,496 to €73
- Other debts +€23,390
up €23,390 (+22.5%), from €104,023 to €127,413
- Debts after one year +€14,934
up €14,934 (+60.4%), from €24,743 to €39,677
- Current portion of long-term debt +€10,986
up €10,986 (+56.0%), from €19,624 to €30,610
- Trade debts +€5,136
up €5,136 (+469.8%), from €1,093 to €6,230
- Gross operating margin +€20,021
up €20,021 (+187.8%), from €10,662 to €30,683
- Depreciation +€13,675
up €13,675 (+953.2%), from €1,435 to €15,110
- Financial charges +€3,077
up €3,077 (+45.9%), from €6,706 to €9,784
- Taxes +€2,085
up €2,085 (+56.5%), from €3,690 to €5,775
- Other operating charges +€792
up €792 (+242.4%), from €327 to €1,119
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 | €415,928 | €472,095 | +€56,166 | +13.5% |
| Fixed assets | 21/28 | €368,995 | €417,448 | +€48,452 | +13.1% |
| Tangible fixed assets | 22/27 | €12,907 | €61,360 | +€48,452 | +375.4% |
| Furniture and vehicles | 24 | €949 | €56,218 | +€55,268 | +5821.5% |
| Other tangible fixed assets | 26 | €6,342 | €5,142 | -€1,200 | -18.9% |
| Assets under construction and advance payments | 27 | €5,616 | €0 | -€5,616 | -100.0% |
| Financial fixed assets | 28 | €356,088 | €356,088 | = | 0.0% |
| Current assets | 29/58 | €46,933 | €54,647 | +€7,714 | +16.4% |
| Amounts receivable within one year | 40/41 | €21,007 | €49,269 | +€28,262 | +134.5% |
| Other amounts receivable | 41 | €21,007 | €49,269 | +€28,262 | +134.5% |
| Current investments | 50/53 | €19,496 | €73 | -€19,423 | -99.6% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €6,430 | €5,306 | -€1,124 | -17.5% |
| Total equity and liabilities | 10/49 | €415,928 | €472,095 | +€56,166 | +13.5% |
| Equity | 10/15 | €262,262 | €261,285 | -€977 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €263,988 | €263,988 | = | 0.0% |
| Distributable reserves | 133 | €263,988 | €263,988 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,325 | -€21,302 | -€977 | -4.8% |
| Amounts payable | 17/49 | €153,666 | €210,809 | +€57,143 | +37.2% |
| Amounts payable after more than one year | 17 | €24,743 | €39,677 | +€14,934 | +60.4% |
| Financial debts | 170/4 | €24,743 | €39,677 | +€14,934 | +60.4% |
| Amounts payable within one year | 42/48 | €126,923 | €169,132 | +€42,209 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €19,624 | €30,610 | +€10,986 | +56.0% |
| Financial debts | 43 | €695 | €2,821 | +€2,126 | +305.7% |
| Credit institutions | 430/8 | €695 | €2,821 | +€2,126 | +305.7% |
| Trade debts | 44 | €1,093 | €6,230 | +€5,136 | +469.8% |
| Suppliers | 440/4 | €1,093 | €6,230 | +€5,136 | +469.8% |
| Taxes, remuneration and social security | 45 | €1,488 | €2,058 | +€570 | +38.3% |
| Taxes | 450/3 | €1,488 | €2,058 | +€570 | +38.3% |
| Other amounts payable | 47/48 | €104,023 | €127,413 | +€23,390 | +22.5% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | €15,110 | +€13,675 | +953.2% |
| Other operating charges | 640/8 | €327 | €1,119 | +€792 | +242.4% |
| Gross operating margin | 9900 | €10,662 | €30,683 | +€20,021 | +187.8% |
| Operating profit (loss) | 9901 | €8,901 | €14,455 | +€5,554 | +62.4% |
| Financial income | 75/76B | €141 | €127 | -€14 | -9.8% |
| Recurring financial income | 75 | €141 | €127 | -€14 | -9.8% |
| Financial charges | 65/66B | €6,706 | €9,784 | +€3,077 | +45.9% |
| Recurring financial charges | 65 | €6,706 | €9,784 | +€3,077 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €2,335 | €4,798 | +€2,463 | +105.5% |
| Income taxes | 67/77 | €3,690 | €5,775 | +€2,085 | +56.5% |
| Profit (loss) for the period | 9904 | -€1,355 | -€977 | +€378 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,355 | -€977 | +€378 | +27.9% |
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 6 October 2026 via checked.be.