Solumtra: what changed
Two financial 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.
Solumtra
Largest movements
- Receivables within one year -€76,131
down €76,131 (-11.7%), from €653,273 to €577,142
of which Other amounts receivable: -€76,025
- Current investments -€75,373
down €75,373 (-99.9%), from €75,454 to €81
- Cash +€39,451
up €39,451 (+999%), from €3,951 to €43,402
mainly Receivables within one year (+€76,131) and Current investments (+€75,373)
- Tangible fixed assets -€12,038
down €12,038 (-33.9%), from €35,461 to €23,423
of which Leasing and similar rights: -€11,983
- Reserves -€110,731
down €110,731 (-36.6%), from €302,606 to €191,875
- Current portion of long-term debt -€29,604
down €29,604 (-76.5%), from €38,710 to €9,107
- Other debts +€19,923
up €19,923 (+6.4%), from €309,588 to €329,511
- Debts after one year -€9,107
down €9,107 (-53.5%), from €17,011 to €7,904
- Financial income -€465,395
down €465,395 (-100.0%), from €465,423 to €28
- Taxes -€96,167
down €96,167 (-99.8%), from €96,348 to €180
- Financial charges +€39,979
up €39,979 (+537%), from €7,438 to €47,417
- Gross operating margin -€4,262
down €4,262 (-10.0%), from -€42,729 to -€46,991
- Depreciation -€1,009
down €1,009 (-7.4%), from €13,628 to €12,619
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.
Derived cash bridge
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 | €773,870 | €644,250 | -€129,620 | -16.7% |
| Fixed assets | 21/28 | €35,461 | €23,423 | -€12,038 | -33.9% |
| Tangible fixed assets | 22/27 | €35,461 | €23,423 | -€12,038 | -33.9% |
| Plant, machinery and equipment | 23 | €1,278 | €1,223 | -€55 | -4.3% |
| Leasing and similar rights | 25 | €34,183 | €22,199 | -€11,983 | -35.1% |
| Current assets | 29/58 | €738,409 | €620,827 | -€117,581 | -15.9% |
| Amounts receivable within one year | 40/41 | €653,273 | €577,142 | -€76,131 | -11.7% |
| Trade receivables | 40 | €106 | €0 | -€106 | -100% |
| Other amounts receivable | 41 | €653,167 | €577,142 | -€76,025 | -11.6% |
| Current investments | 50/53 | €75,454 | €81 | -€75,373 | -99.9% |
| Cash at bank and in hand | 54/58 | €3,951 | €43,402 | +€39,451 | +999% |
| Deferred charges and accrued income | 490/1 | €5,732 | €202 | -€5,529 | -96.5% |
| Total equity and liabilities | 10/49 | €773,870 | €644,250 | -€129,620 | -16.7% |
| Equity | 10/15 | €402,606 | €291,875 | -€110,731 | -27.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €302,606 | €191,875 | -€110,731 | -36.6% |
| Distributable reserves | 133 | €302,606 | €191,875 | -€110,731 | -36.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €371,263 | €352,374 | -€18,889 | -5.1% |
| Amounts payable after more than one year | 17 | €17,011 | €7,904 | -€9,107 | -53.5% |
| Financial debts | 170/4 | €17,011 | €7,904 | -€9,107 | -53.5% |
| Amounts payable within one year | 42/48 | €348,301 | €338,617 | -€9,684 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €38,710 | €9,107 | -€29,604 | -76.5% |
| Trade debts | 44 | €3 | €0 | -€3 | -100% |
| Suppliers | 440/4 | €3 | €0 | -€3 | -100% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €309,588 | €329,511 | +€19,923 | +6.4% |
| Accrued charges and deferred income | 492/3 | €5,951 | €5,853 | -€98 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,628 | €12,619 | -€1,009 | -7.4% |
| Other operating charges | 640/8 | €2,674 | €3,552 | +€878 | +32.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€42,729 | -€46,991 | -€4,262 | -10.0% |
| Operating profit (loss) | 9901 | -€59,031 | -€63,162 | -€4,131 | -7.0% |
| Financial income | 75/76B | €465,423 | €28 | -€465,395 | -100.0% |
| Recurring financial income | 75 | €465,423 | €28 | -€465,395 | -100.0% |
| Financial charges | 65/66B | €7,438 | €47,417 | +€39,979 | +537% |
| Recurring financial charges | 65 | €7,438 | €47,417 | +€39,979 | +537% |
| Profit (loss) for the period before taxes | 9903 | €398,954 | -€110,551 | -€509,505 | |
| Income taxes | 67/77 | €96,348 | €180 | -€96,167 | -99.8% |
| Profit (loss) for the period | 9904 | €302,606 | -€110,731 | -€413,337 | |
| Profit (loss) for the period to be appropriated | 9905 | €302,606 | -€110,731 | -€413,337 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.