SOLUTREM: 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.
SOLUTREM
Largest movements
- Current investments +€200,000
up €200,000 (+66.7%), from €300,000 to €500,000
- Receivables within one year +€43,754
up €43,754 (+197.2%), from €22,183 to €65,937
of which Trade receivables: +€44,243
- Cash +€14,834
up €14,834 (+8.0%), from €185,155 to €199,989
mainly Net result for the year (+€296,848) and Depreciation (+€15,426)
- Reserves +€296,848
up €296,848 (+58.8%), from €504,788 to €801,636
- Tax, wage and social debts -€35,697
down €35,697 (-71.3%), from €50,085 to €14,387
- Gross operating margin +€84,771
up €84,771 (+26.8%), from €315,756 to €400,528
- Taxes -€5,570
down €5,570 (-5.7%), from €97,686 to €92,116
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 | €563,090 | €823,432 | +€260,342 | +46.2% |
| Fixed assets | 21/28 | €50,630 | €50,279 | -€350 | -0.7% |
| Tangible fixed assets | 22/27 | €50,630 | €50,279 | -€350 | -0.7% |
| Plant, machinery and equipment | 23 | €2,319 | €12,052 | +€9,733 | +419.6% |
| Furniture and vehicles | 24 | €40,303 | €29,797 | -€10,506 | -26.1% |
| Other tangible fixed assets | 26 | €8,008 | €8,430 | +€423 | +5.3% |
| Current assets | 29/58 | €512,460 | €773,152 | +€260,692 | +50.9% |
| Amounts receivable within one year | 40/41 | €22,183 | €65,937 | +€43,754 | +197.2% |
| Trade receivables | 40 | €21,694 | €65,937 | +€44,243 | +203.9% |
| Other amounts receivable | 41 | €489 | - | -€489 | |
| Current investments | 50/53 | €300,000 | €500,000 | +€200,000 | +66.7% |
| Cash at bank and in hand | 54/58 | €185,155 | €199,989 | +€14,834 | +8.0% |
| Deferred charges and accrued income | 490/1 | €5,123 | €7,226 | +€2,104 | +41.1% |
| Total equity and liabilities | 10/49 | €563,090 | €823,432 | +€260,342 | +46.2% |
| Equity | 10/15 | €509,788 | €806,636 | +€296,848 | +58.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €504,788 | €801,636 | +€296,848 | +58.8% |
| Distributable reserves | 133 | €504,788 | €801,636 | +€296,848 | +58.8% |
| Amounts payable | 17/49 | €53,302 | €16,795 | -€36,507 | -68.5% |
| Amounts payable within one year | 42/48 | €53,302 | €16,775 | -€36,527 | -68.5% |
| Trade debts | 44 | €3,217 | €179 | -€3,039 | -94.5% |
| Suppliers | 440/4 | €3,217 | €179 | -€3,039 | -94.5% |
| Advances received on contracts in progress | 46 | - | €1,747 | +€1,747 | |
| Taxes, remuneration and social security | 45 | €50,085 | €14,387 | -€35,697 | -71.3% |
| Taxes | 450/3 | €50,085 | €14,387 | -€35,697 | -71.3% |
| Other amounts payable | 47/48 | - | €462 | +€462 | |
| Accrued charges and deferred income | 492/3 | - | €20 | +€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,904 | €15,426 | -€478 | -3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €495 | +€495 | |
| Other operating charges | 640/8 | €4,076 | €4,161 | +€85 | +2.1% |
| Gross operating margin | 9900 | €315,756 | €400,528 | +€84,771 | +26.8% |
| Operating profit (loss) | 9901 | €295,777 | €380,446 | +€84,669 | +28.6% |
| Financial income | 75/76B | €7,378 | €8,853 | +€1,475 | +20.0% |
| Recurring financial income | 75 | €7,378 | €8,853 | +€1,475 | +20.0% |
| Financial charges | 65/66B | €140 | €334 | +€194 | +138.1% |
| Recurring financial charges | 65 | €140 | €334 | +€194 | +138.1% |
| Profit (loss) for the period before taxes | 9903 | €303,014 | €388,965 | +€85,950 | +28.4% |
| Income taxes | 67/77 | €97,686 | €92,116 | -€5,570 | -5.7% |
| Profit (loss) for the period | 9904 | €205,328 | €296,848 | +€91,520 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €205,328 | €296,848 | +€91,520 | +44.6% |
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 8 October 2026 via checked.be.