SOLUX MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash +€147,385
up €147,385 (+2,724%), from €5,410 to €152,795
mainly Net result for the year (+€531,153) and Receivables within one year (+€12,100)
- Reserves +€531,153
up €531,153 (+236%), from €224,991 to €756,145
- Debts after one year -€390,000
down €390,000 (-16.3%), from €2.4m to €2.0m
- Gross operating margin +€343,609
up €343,609 (+121%), from €284,167 to €627,775
- Financial charges +€37,443
up €37,443 (+63.3%), from €59,178 to €96,622
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 | €3,050,610 | €3,185,895 | +€135,285 | +4.4% |
| Fixed assets | 21/28 | €2,900,000 | €2,900,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,900,000 | €2,900,000 | = | 0.0% |
| Current assets | 29/58 | €150,610 | €285,895 | +€135,285 | +89.8% |
| Amounts receivable within one year | 40/41 | €145,200 | €133,100 | -€12,100 | -8.3% |
| Trade receivables | 40 | €145,200 | €133,100 | -€12,100 | -8.3% |
| Cash at bank and in hand | 54/58 | €5,410 | €152,795 | +€147,385 | +2,724% |
| Total equity and liabilities | 10/49 | €3,050,610 | €3,185,895 | +€135,285 | +4.4% |
| Equity | 10/15 | €239,991 | €771,145 | +€531,153 | +221% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €224,991 | €756,145 | +€531,153 | +236% |
| Distributable reserves | 133 | €224,991 | €756,145 | +€531,153 | +236% |
| Amounts payable | 17/49 | €2,810,619 | €2,414,750 | -€395,868 | -14.1% |
| Amounts payable after more than one year | 17 | €2,390,000 | €2,000,000 | -€390,000 | -16.3% |
| Financial debts | 170/4 | €2,390,000 | €2,000,000 | -€390,000 | -16.3% |
| Amounts payable within one year | 42/48 | €420,619 | €414,750 | -€5,868 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €370,000 | €370,000 | = | 0.0% |
| Trade debts | 44 | €9,097 | €4,014 | -€5,083 | -55.9% |
| Suppliers | 440/4 | €9,097 | €4,014 | -€5,083 | -55.9% |
| Taxes, remuneration and social security | 45 | €41,260 | €37,892 | -€3,368 | -8.2% |
| Taxes | 450/3 | €37,760 | €34,392 | -€3,368 | -8.9% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €261 | €2,844 | +€2,583 | +988% |
| Goods, raw materials, services and sundry goods | 60/61 | €70,333 | €69,725 | -€609 | -0.9% |
| Gross operating margin | 9900 | €284,167 | €627,775 | +€343,609 | +121% |
| Operating profit (loss) | 9901 | €284,167 | €627,775 | +€343,609 | +121% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €59,178 | €96,622 | +€37,443 | +63.3% |
| Recurring financial charges | 65 | €59,178 | €96,622 | +€37,443 | +63.3% |
| Profit (loss) for the period before taxes | 9903 | €224,991 | €531,153 | +€306,162 | +136% |
| Profit (loss) for the period | 9904 | €224,991 | €531,153 | +€306,162 | +136% |
| Profit (loss) for the period to be appropriated | 9905 | €224,991 | €531,153 | +€306,162 | +136% |
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 16 October 2026 via checked.be.