Solutech Engineering: 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.
Solutech Engineering
Largest movements
- Receivables within one year +€60,456
up €60,456 (+867.9%), from €6,966 to €67,421
of which Trade receivables: +€52,735
- Cash -€15,469
down €15,469 (-92.2%), from €16,780 to €1,311
mainly Receivables within one year (-€60,456) and Net result for the year (-€17,196)
- Debts after one year +€48,097
up €48,097 (+63.7%), from €75,550 to €123,646
- Profit (loss) carried forward -€17,196
down €17,196 (-23.7%), from €72,600 to €55,403
- Current portion of long-term debt +€16,950
up €16,950 (+221.8%), from €7,643 to €24,593
- Tax, wage and social debts -€10,318
down €10,318 (-72.7%), from €14,193 to €3,875
of which Taxes: -€10,558
- Other debts +€8,377
up €8,377 (+22.9%), from €36,542 to €44,919
- Gross operating margin -€77,737
down €77,737 (-89.8%), from €86,615 to €8,877
- Other operating charges -€14,999
down €14,999 (-94.2%), from €15,923 to €924
- Depreciation -€13,401
down €13,401 (-49.5%), from €27,074 to €13,674
- Taxes -€13,220
down €13,220 (-100.0%), from €13,220 to €0
- Financial charges +€6,515
up €6,515 (+212.1%), from €3,072 to €9,587
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 | €233,389 | €274,792 | +€41,403 | +17.7% |
| Fixed assets | 21/28 | €208,292 | €204,583 | -€3,709 | -1.8% |
| Tangible fixed assets | 22/27 | €166,467 | €164,159 | -€2,309 | -1.4% |
| Land and buildings | 22 | €147,350 | €147,569 | +€219 | +0.1% |
| Plant, machinery and equipment | 23 | €8,530 | €6,487 | -€2,043 | -23.9% |
| Furniture and vehicles | 24 | €10,588 | €10,103 | -€485 | -4.6% |
| Financial fixed assets | 28 | €41,824 | €40,424 | -€1,400 | -3.3% |
| Current assets | 29/58 | €25,097 | €70,209 | +€45,111 | +179.7% |
| Amounts receivable within one year | 40/41 | €6,966 | €67,421 | +€60,456 | +867.9% |
| Trade receivables | 40 | - | €52,735 | +€52,735 | |
| Other amounts receivable | 41 | €6,966 | €14,687 | +€7,721 | +110.8% |
| Cash at bank and in hand | 54/58 | €16,780 | €1,311 | -€15,469 | -92.2% |
| Deferred charges and accrued income | 490/1 | €1,352 | €1,477 | +€125 | +9.2% |
| Total equity and liabilities | 10/49 | €233,389 | €274,792 | +€41,403 | +17.7% |
| Equity | 10/15 | €77,600 | €60,403 | -€17,196 | -22.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,600 | €55,403 | -€17,196 | -23.7% |
| Amounts payable | 17/49 | €155,789 | €214,389 | +€58,599 | +37.6% |
| Amounts payable after more than one year | 17 | €75,550 | €123,646 | +€48,097 | +63.7% |
| Financial debts | 170/4 | €75,550 | €123,646 | +€48,097 | +63.7% |
| Amounts payable within one year | 42/48 | €80,240 | €90,742 | +€10,503 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €7,643 | €24,593 | +€16,950 | +221.8% |
| Financial debts | 43 | - | €352 | +€352 | |
| Credit institutions | 430/8 | - | €352 | +€352 | |
| Trade debts | 44 | €21,862 | €17,003 | -€4,858 | -22.2% |
| Suppliers | 440/4 | €21,862 | €17,003 | -€4,858 | -22.2% |
| Taxes, remuneration and social security | 45 | €14,193 | €3,875 | -€10,318 | -72.7% |
| Taxes | 450/3 | €13,643 | €3,085 | -€10,558 | -77.4% |
| Remuneration and social security | 454/9 | €550 | €790 | +€240 | +43.6% |
| Other amounts payable | 47/48 | €36,542 | €44,919 | +€8,377 | +22.9% |
| Non-recurring operating income | 76A | - | €895 | +€895 | |
| Remuneration, social security and pensions | 62 | €135 | €77 | -€59 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,074 | €13,674 | -€13,401 | -49.5% |
| Other operating charges | 640/8 | €15,923 | €924 | -€14,999 | -94.2% |
| Non-recurring operating charges | 66A | - | €1,945 | +€1,945 | |
| Gross operating margin | 9900 | €86,615 | €8,877 | -€77,737 | -89.8% |
| Operating profit (loss) | 9901 | €43,482 | -€7,742 | -€51,224 | |
| Financial income | 75/76B | €966 | €132 | -€834 | -86.3% |
| Recurring financial income | 75 | €966 | €132 | -€834 | -86.3% |
| Financial charges | 65/66B | €3,072 | €9,587 | +€6,515 | +212.1% |
| Recurring financial charges | 65 | €3,072 | €9,587 | +€6,515 | +212.1% |
| Profit (loss) for the period before taxes | 9903 | €41,376 | -€17,196 | -€58,573 | |
| Income taxes | 67/77 | €13,220 | €0 | -€13,220 | -100.0% |
| Profit (loss) for the period | 9904 | €28,156 | -€17,196 | -€45,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,156 | -€17,196 | -€45,353 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.