SOLUN: 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.
SOLUN
Largest movements
- Tangible fixed assets +€45,080
up €45,080 (+86.7%), from €51,982 to €97,062
- Cash -€20,612
down €20,612 (-60.0%), from €34,377 to €13,765
mainly Net result for the year (-€98,891) and Investment in fixed assets (net) (-€61,907)
- Receivables within one year -€3,506
down €3,506 (-35.3%), from €9,935 to €6,429
of which Trade receivables: -€2,249
- Other debts +€171,358
up €171,358 (+52.4%), from €327,147 to €498,505
- Profit (loss) carried forward -€98,891
down €98,891 (-32.5%), from -€303,876 to -€402,767
- Trade debts -€40,144
down €40,144 (-94.6%), from €42,439 to €2,295
- Tax, wage and social debts -€12,194
down €12,194 (-95.1%), from €12,824 to €631
- Gross operating margin -€16,034
down €16,034 (-24.5%), from -€65,323 to -€81,358
- Depreciation +€10,645
up €10,645 (+172.2%), from €6,182 to €16,827
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 | €97,127 | €117,256 | +€20,129 | +20.7% |
| Fixed assets | 21/28 | €51,982 | €97,062 | +€45,080 | +86.7% |
| Tangible fixed assets | 22/27 | €51,982 | €97,062 | +€45,080 | +86.7% |
| Furniture and vehicles | 24 | €51,982 | €97,062 | +€45,080 | +86.7% |
| Current assets | 29/58 | €45,145 | €20,194 | -€24,951 | -55.3% |
| Stocks and contracts in progress | 3 | €833 | - | -€833 | |
| Stocks | 30/36 | €833 | - | -€833 | |
| Amounts receivable within one year | 40/41 | €9,935 | €6,429 | -€3,506 | -35.3% |
| Trade receivables | 40 | €5,374 | €3,125 | -€2,249 | -41.9% |
| Other amounts receivable | 41 | €4,561 | €3,305 | -€1,257 | -27.6% |
| Cash at bank and in hand | 54/58 | €34,377 | €13,765 | -€20,612 | -60.0% |
| Total equity and liabilities | 10/49 | €97,127 | €117,256 | +€20,129 | +20.7% |
| Equity | 10/15 | -€285,284 | -€384,175 | -€98,891 | -34.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€303,876 | -€402,767 | -€98,891 | -32.5% |
| Amounts payable | 17/49 | €382,411 | €501,431 | +€119,020 | +31.1% |
| Amounts payable within one year | 42/48 | €382,411 | €501,431 | +€119,020 | +31.1% |
| Trade debts | 44 | €42,439 | €2,295 | -€40,144 | -94.6% |
| Suppliers | 440/4 | €42,439 | €2,295 | -€40,144 | -94.6% |
| Taxes, remuneration and social security | 45 | €12,824 | €631 | -€12,194 | -95.1% |
| Taxes | 450/3 | €12,824 | €631 | -€12,194 | -95.1% |
| Other amounts payable | 47/48 | €327,147 | €498,505 | +€171,358 | +52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,182 | €16,827 | +€10,645 | +172.2% |
| Other operating charges | 640/8 | €510 | €520 | +€10 | +1.9% |
| Gross operating margin | 9900 | -€65,323 | -€81,358 | -€16,034 | -24.5% |
| Operating profit (loss) | 9901 | -€72,015 | -€98,704 | -€26,689 | -37.1% |
| Financial charges | 65/66B | €364 | €187 | -€177 | -48.5% |
| Recurring financial charges | 65 | €364 | €187 | -€177 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | -€72,379 | -€98,891 | -€26,512 | -36.6% |
| Profit (loss) for the period | 9904 | -€72,379 | -€98,891 | -€26,512 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,379 | -€98,891 | -€26,512 | -36.6% |
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 4 October 2026 via checked.be.