SOLUX: 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.
SOLUX
Largest movements
- Current assets +€135,274
up €135,274 (+44.1%), from €306,654 to €441,928
of which Receivables within one year: +€225,798
- Tangible fixed assets +€8,237
up €8,237 (+21.6%), from €38,056 to €46,293
- Financial fixed assets +€7,500
up €7,500 (+341%), from €2,200 to €9,700
- Debts +€149,697
up €149,697 (+45.3%), from €330,155 to €479,852
of which Debts within one year: +€157,763
- Gross operating margin -€18,933
down €18,933 (-35.6%), from €53,222 to €34,289
- Taxes -€10,112
down €10,112 (-76.0%), from €13,298 to €3,186
- Depreciation +€7,262
up €7,262 (+41.8%), from €17,367 to €24,629
From the 2011 result to the 2012 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €346,910 | €499,893 | +€152,983 | +44.1% |
| Fixed assets | 21/28 | €40,256 | €57,965 | +€17,709 | +44.0% |
| Intangible fixed assets | 21 | - | €1,972 | +€1,972 | |
| Tangible fixed assets | 22/27 | €38,056 | €46,293 | +€8,237 | +21.6% |
| Financial fixed assets | 28 | €2,200 | €9,700 | +€7,500 | +341% |
| Current assets | 29/58 | €306,654 | €441,928 | +€135,274 | +44.1% |
| Stocks and contracts in progress | 3 | €38,539 | €23,710 | -€14,829 | -38.5% |
| Amounts receivable within one year | 40/41 | €151,687 | €377,485 | +€225,798 | +149% |
| Current investments | 50/53 | €115,359 | - | -€115,359 | |
| Cash at bank and in hand | 54/58 | - | €35,890 | +€35,890 | |
| Total equity and liabilities | 10/49 | €346,910 | €499,893 | +€152,983 | +44.1% |
| Equity | 10/15 | €16,755 | €20,041 | +€3,286 | +19.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €19,041 | +€19,041 | |
| Profit (loss) carried forward | 14 | €15,755 | €15,755 | = | 0.0% |
| Amounts payable | 17/49 | €330,155 | €479,852 | +€149,697 | +45.3% |
| Amounts payable after more than one year | 17 | €13,881 | €4,498 | -€9,383 | -67.6% |
| Amounts payable within one year | 42/48 | €316,274 | €474,037 | +€157,763 | +49.9% |
| Trade debts | 44 | €59,260 | €129,054 | +€69,794 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,367 | €24,629 | +€7,262 | +41.8% |
| Gross operating margin | 9900 | €53,222 | €34,289 | -€18,933 | -35.6% |
| Operating profit (loss) | 9901 | €35,855 | €9,660 | -€26,195 | -73.1% |
| Recurring financial income | 75 | €117 | €251 | +€134 | +115% |
| Recurring financial charges | 65 | €1,589 | €3,439 | +€1,850 | +116% |
| Profit (loss) for the period before taxes | 9903 | €34,383 | €6,472 | -€27,911 | -81.2% |
| Income taxes | 67/77 | €13,298 | €3,186 | -€10,112 | -76.0% |
| Profit (loss) for the period | 9904 | €21,085 | €3,286 | -€17,799 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,085 | €3,286 | -€17,799 | -84.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.