SOLVACO: 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.
SOLVACO
Largest movements
- Tangible fixed assets -€11,773
down €11,773 (-27.0%), from €43,527 to €31,754
of which Furniture and vehicles: -€11,592
- Cash +€11,315
up €11,315 (+16.4%), from €68,916 to €80,231
mainly Net result for the year (+€33,752) and Depreciation (+€13,293)
No liability line moved by more than 1% of the balance sheet total.
No income-statement line moved by more than 1% of the activity.
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 | €151,957 | €152,317 | +€360 | +0.2% |
| Fixed assets | 21/28 | €44,027 | €32,254 | -€11,773 | -26.7% |
| Tangible fixed assets | 22/27 | €43,527 | €31,754 | -€11,773 | -27.0% |
| Furniture and vehicles | 24 | €42,642 | €31,050 | -€11,592 | -27.2% |
| Other tangible fixed assets | 26 | €884 | €703 | -€181 | -20.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €107,931 | €120,063 | +€12,133 | +11.2% |
| Stocks and contracts in progress | 3 | €5,311 | €5,098 | -€214 | -4.0% |
| Stocks | 30/36 | €5,311 | €5,098 | -€214 | -4.0% |
| Amounts receivable within one year | 40/41 | €33,704 | €33,755 | +€52 | +0.2% |
| Trade receivables | 40 | €30,186 | €32,439 | +€2,253 | +7.5% |
| Other amounts receivable | 41 | €3,517 | €1,316 | -€2,201 | -62.6% |
| Cash at bank and in hand | 54/58 | €68,916 | €80,231 | +€11,315 | +16.4% |
| Deferred charges and accrued income | 490/1 | - | €979 | +€979 | |
| Total equity and liabilities | 10/49 | €151,957 | €152,317 | +€360 | +0.2% |
| Equity | 10/15 | €107,276 | €107,276 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,816 | €86,816 | = | 0.0% |
| Amounts payable | 17/49 | €44,681 | €45,041 | +€360 | +0.8% |
| Amounts payable within one year | 42/48 | €44,681 | €45,041 | +€360 | +0.8% |
| Trade debts | 44 | €3,948 | €4,219 | +€271 | +6.9% |
| Suppliers | 440/4 | €3,948 | €4,219 | +€271 | +6.9% |
| Taxes, remuneration and social security | 45 | €14,008 | €14,107 | +€98 | +0.7% |
| Taxes | 450/3 | €14,008 | €14,107 | +€98 | +0.7% |
| Other amounts payable | 47/48 | €26,725 | €26,716 | -€9 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,059 | €13,293 | +€235 | +1.8% |
| Other operating charges | 640/8 | €1,623 | €1,256 | -€367 | -22.6% |
| Gross operating margin | 9900 | €57,943 | €58,119 | +€176 | +0.3% |
| Operating profit (loss) | 9901 | €43,262 | €43,570 | +€308 | +0.7% |
| Financial income | 75/76B | €1 | €10 | +€9 | +1,642% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +1,642% |
| Financial charges | 65/66B | €145 | €144 | -€1 | -0.8% |
| Recurring financial charges | 65 | €145 | €144 | -€1 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €43,117 | €43,435 | +€319 | +0.7% |
| Income taxes | 67/77 | €9,153 | €9,684 | +€530 | +5.8% |
| Profit (loss) for the period | 9904 | €33,964 | €33,752 | -€212 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,964 | €33,752 | -€212 | -0.6% |
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 15 October 2026 via checked.be.