SOLVANEXT: 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.
SOLVANEXT
Largest movements
- Tangible fixed assets -€27,836
down €27,836 (-32.5%), from €85,778 to €57,942
of which Furniture and vehicles: -€26,643
- Receivables within one year -€20,057
down €20,057 (-93.2%), from €21,531 to €1,474
of which Trade receivables: -€18,403
- Stocks and contracts +€19,010
up €19,010 (+7.4%), from €256,534 to €275,544
- Profit (loss) carried forward -€70,235
down €70,235 (-457%), from -€15,358 to -€85,593
- Other debts +€58,856
up €58,856 (+16.5%), from €357,616 to €416,472
- Trade debts -€17,693
down €17,693 (-78.2%), from €22,621 to €4,928
- Other operating charges -€9,896
down €9,896 (-91.8%), from €10,784 to €888
- Gross operating margin +€4,739
up €4,739 (+10.4%), from -€45,718 to -€40,979
- Depreciation +€4,156
up €4,156 (+17.6%), from €23,680 to €27,836
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 | €372,288 | €343,243 | -€29,045 | -7.8% |
| Fixed assets | 21/28 | €86,603 | €58,767 | -€27,836 | -32.1% |
| Tangible fixed assets | 22/27 | €85,778 | €57,942 | -€27,836 | -32.5% |
| Plant, machinery and equipment | 23 | €5,853 | €4,661 | -€1,192 | -20.4% |
| Furniture and vehicles | 24 | €79,925 | €53,282 | -€26,643 | -33.3% |
| Financial fixed assets | 28 | €825 | €825 | = | 0.0% |
| Current assets | 29/58 | €285,685 | €284,475 | -€1,210 | -0.4% |
| Stocks and contracts in progress | 3 | €256,534 | €275,544 | +€19,010 | +7.4% |
| Stocks | 30/36 | €256,534 | €275,544 | +€19,010 | +7.4% |
| Amounts receivable within one year | 40/41 | €21,531 | €1,474 | -€20,057 | -93.2% |
| Trade receivables | 40 | €18,422 | €19 | -€18,403 | -99.9% |
| Other amounts receivable | 41 | €3,109 | €1,456 | -€1,653 | -53.2% |
| Cash at bank and in hand | 54/58 | €3,397 | €1,969 | -€1,428 | -42.0% |
| Deferred charges and accrued income | 490/1 | €4,223 | €5,488 | +€1,265 | +30.0% |
| Total equity and liabilities | 10/49 | €372,288 | €343,243 | -€29,045 | -7.8% |
| Equity | 10/15 | -€9,158 | -€79,393 | -€70,235 | -767% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,358 | -€85,593 | -€70,235 | -457% |
| Amounts payable | 17/49 | €381,446 | €422,635 | +€41,189 | +10.8% |
| Amounts payable within one year | 42/48 | €381,446 | €422,625 | +€41,179 | +10.8% |
| Trade debts | 44 | €22,621 | €4,928 | -€17,693 | -78.2% |
| Suppliers | 440/4 | €22,621 | €4,928 | -€17,693 | -78.2% |
| Taxes, remuneration and social security | 45 | €1,209 | €1,226 | +€17 | +1.4% |
| Taxes | 450/3 | €1,209 | €1,226 | +€17 | +1.4% |
| Other amounts payable | 47/48 | €357,616 | €416,472 | +€58,856 | +16.5% |
| Accrued charges and deferred income | 492/3 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,680 | €27,836 | +€4,156 | +17.6% |
| Other operating charges | 640/8 | €10,784 | €888 | -€9,896 | -91.8% |
| Gross operating margin | 9900 | -€45,718 | -€40,979 | +€4,739 | +10.4% |
| Operating profit (loss) | 9901 | -€80,182 | -€69,703 | +€10,479 | +13.1% |
| Financial charges | 65/66B | €303 | €531 | +€228 | +75.4% |
| Recurring financial charges | 65 | €303 | €531 | +€228 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | -€80,485 | -€70,234 | +€10,251 | +12.7% |
| Profit (loss) for the period | 9904 | -€80,485 | -€70,234 | +€10,251 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,485 | -€70,234 | +€10,251 | +12.7% |
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 26 October 2026 via checked.be.