SOLULEX: 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.
SOLULEX
Largest movements
- Financial fixed assets -€285,000
down €285,000 (-99.8%), from €285,500 to €500
- Cash +€72,007
up €72,007 (+1112.8%), from €6,471 to €78,478
mainly Investment in fixed assets (net) (+€266,156) and Contributions, distributions and other (+€16,000)
- Receivables within one year +€24,689
up €24,689 (+233.2%), from €10,588 to €35,277
of which Other amounts receivable: +€25,291
- Tangible fixed assets +€7,338
up €7,338 (+54.2%), from €13,529 to €20,868
of which Furniture and vehicles: +€9,347
- Deferred charges and accrued income +€4,675
up €4,675 (+323.9%), from €1,443 to €6,118
- Profit (loss) carried forward -€160,080
down €160,080, from €145,570 to -€14,510
- Contributions +€16,000
up €16,000 (+400.0%), from €4,000 to €20,000
- Current portion of long-term debt -€15,371
down €15,371 (-62.3%), from €24,668 to €9,297
- Tax, wage and social debts -€11,926
down €11,926 (-75.2%), from €15,856 to €3,930
- Debts after one year -€5,328
down €5,328 (-8.8%), from €60,359 to €55,030
- Financial charges +€135,371
up €135,371 (+9212.8%), from €1,469 to €136,840
- Gross operating margin -€65,197
down €65,197, from €54,924 to -€10,274
- Taxes -€17,501
down €17,501 (-97.2%), from €17,997 to €496
- Depreciation +€4,749
up €4,749 (+163.9%), from €2,897 to €7,646
- Staff costs +€1,623
up €1,623 (+90.6%), from €1,791 to €3,414
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 | €317,531 | €145,101 | -€172,431 | -54.3% |
| Fixed assets | 21/28 | €299,029 | €25,228 | -€273,802 | -91.6% |
| Intangible fixed assets | 21 | - | €3,860 | +€3,860 | |
| Tangible fixed assets | 22/27 | €13,529 | €20,868 | +€7,338 | +54.2% |
| Plant, machinery and equipment | 23 | €5,347 | €3,806 | -€1,542 | -28.8% |
| Furniture and vehicles | 24 | €4,490 | €13,837 | +€9,347 | +208.2% |
| Other tangible fixed assets | 26 | €3,692 | €3,225 | -€467 | -12.7% |
| Financial fixed assets | 28 | €285,500 | €500 | -€285,000 | -99.8% |
| Current assets | 29/58 | €18,502 | €119,873 | +€101,371 | +547.9% |
| Amounts receivable within one year | 40/41 | €10,588 | €35,277 | +€24,689 | +233.2% |
| Trade receivables | 40 | €3,060 | €2,458 | -€602 | -19.7% |
| Other amounts receivable | 41 | €7,527 | €32,819 | +€25,291 | +336.0% |
| Cash at bank and in hand | 54/58 | €6,471 | €78,478 | +€72,007 | +1112.8% |
| Deferred charges and accrued income | 490/1 | €1,443 | €6,118 | +€4,675 | +323.9% |
| Total equity and liabilities | 10/49 | €317,531 | €145,101 | -€172,431 | -54.3% |
| Equity | 10/15 | €212,439 | €68,359 | -€144,080 | -67.8% |
| Contributions | 10/11 | €4,000 | €20,000 | +€16,000 | +400.0% |
| Reserves | 13 | €62,869 | €62,869 | = | 0.0% |
| Distributable reserves | 133 | €62,869 | €62,869 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,570 | -€14,510 | -€160,080 | |
| Amounts payable | 17/49 | €105,093 | €76,742 | -€28,351 | -27.0% |
| Amounts payable after more than one year | 17 | €60,359 | €55,030 | -€5,328 | -8.8% |
| Financial debts | 170/4 | €60,359 | €55,030 | -€5,328 | -8.8% |
| Amounts payable within one year | 42/48 | €44,734 | €21,711 | -€23,022 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €24,668 | €9,297 | -€15,371 | -62.3% |
| Trade debts | 44 | €4,210 | €8,485 | +€4,275 | +101.5% |
| Suppliers | 440/4 | €4,210 | €8,485 | +€4,275 | +101.5% |
| Taxes, remuneration and social security | 45 | €15,856 | €3,930 | -€11,926 | -75.2% |
| Taxes | 450/3 | €15,856 | €3,930 | -€11,926 | -75.2% |
| Remuneration, social security and pensions | 62 | €1,791 | €3,414 | +€1,623 | +90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,897 | €7,646 | +€4,749 | +163.9% |
| Other operating charges | 640/8 | €2,056 | €1,410 | -€646 | -31.4% |
| Gross operating margin | 9900 | €54,924 | -€10,274 | -€65,197 | |
| Operating profit (loss) | 9901 | €48,179 | -€22,744 | -€70,923 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +2700.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2700.0% |
| Financial charges | 65/66B | €1,469 | €136,840 | +€135,371 | +9212.8% |
| Recurring financial charges | 65 | €1,469 | €136,840 | +€135,371 | +9212.8% |
| Profit (loss) for the period before taxes | 9903 | €46,710 | -€159,584 | -€206,293 | |
| Income taxes | 67/77 | €17,997 | €496 | -€17,501 | -97.2% |
| Profit (loss) for the period | 9904 | €28,712 | -€160,080 | -€188,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,712 | -€160,080 | -€188,792 |
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 3 October 2026 via checked.be.