SOLUZIONE SETTEMBRINI: 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.
SOLUZIONE SETTEMBRINI
Largest movements
- Cash -€405,860
down €405,860 (-63.1%), from €643,116 to €237,256
mainly Contributions, distributions and other (-€353,813) and Current investments (-€200,000)
- Current investments +€200,000
new in 2025: €200,000
- Receivables within one year -€28,300
down €28,300 (-19.5%), from €145,016 to €116,716
of which Trade receivables: -€30,542
- Reserves -€233,763
down €233,763 (-31.1%), from €752,663 to €518,900
- Gross operating margin -€38,629
down €38,629 (-17.8%), from €216,898 to €178,269
- Taxes -€16,822
down €16,822 (-24.2%), from €69,591 to €52,768
- Financial income -€10,187
down €10,187 (-60.8%), from €16,753 to €6,567
- Other operating charges +€7,127
up €7,127 (+735%), from €970 to €8,098
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 | €796,756 | €560,935 | -€235,821 | -29.6% |
| Fixed assets | 21/28 | €8,049 | €6,371 | -€1,678 | -20.8% |
| Tangible fixed assets | 22/27 | €7,504 | €5,826 | -€1,678 | -22.4% |
| Furniture and vehicles | 24 | €7,504 | €5,826 | -€1,678 | -22.4% |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €788,707 | €554,564 | -€234,143 | -29.7% |
| Amounts receivable within one year | 40/41 | €145,016 | €116,716 | -€28,300 | -19.5% |
| Trade receivables | 40 | €123,103 | €92,561 | -€30,542 | -24.8% |
| Other amounts receivable | 41 | €21,913 | €24,155 | +€2,242 | +10.2% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €643,116 | €237,256 | -€405,860 | -63.1% |
| Deferred charges and accrued income | 490/1 | €575 | €592 | +€17 | +2.9% |
| Total equity and liabilities | 10/49 | €796,756 | €560,935 | -€235,821 | -29.6% |
| Equity | 10/15 | €760,430 | €526,691 | -€233,740 | -30.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €752,663 | €518,900 | -€233,763 | -31.1% |
| Distributable reserves | 133 | €752,663 | €518,900 | -€233,763 | -31.1% |
| Profit (loss) carried forward | 14 | €1,567 | €1,591 | +€23 | +1.5% |
| Amounts payable | 17/49 | €36,326 | €34,245 | -€2,081 | -5.7% |
| Amounts payable within one year | 42/48 | €36,326 | €34,245 | -€2,081 | -5.7% |
| Trade debts | 44 | €2,766 | €6,003 | +€3,237 | +117% |
| Suppliers | 440/4 | €2,766 | €6,003 | +€3,237 | +117% |
| Taxes, remuneration and social security | 45 | €33,560 | €28,241 | -€5,319 | -15.8% |
| Taxes | 450/3 | €33,560 | €28,241 | -€5,319 | -15.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €27,300 | +€27,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,956 | €3,328 | -€628 | -15.9% |
| Other operating charges | 640/8 | €970 | €8,098 | +€7,127 | +735% |
| Gross operating margin | 9900 | €216,898 | €178,269 | -€38,629 | -17.8% |
| Operating profit (loss) | 9901 | €211,971 | €166,843 | -€45,128 | -21.3% |
| Financial income | 75/76B | €16,753 | €6,567 | -€10,187 | -60.8% |
| Recurring financial income | 75 | €16,753 | €6,567 | -€10,187 | -60.8% |
| Financial charges | 65/66B | €502 | €568 | +€66 | +13.2% |
| Recurring financial charges | 65 | €502 | €568 | +€66 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €228,223 | €172,842 | -€55,381 | -24.3% |
| Income taxes | 67/77 | €69,591 | €52,768 | -€16,822 | -24.2% |
| Profit (loss) for the period | 9904 | €158,632 | €120,073 | -€38,559 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €158,632 | €120,073 | -€38,559 | -24.3% |
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 28 October 2026 via checked.be.