SOLVARI BELGIË: 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.
What changed
SOLVARI BELGIË
NACE 63.910, Web portal activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€31,353
2024 · €551,503-€520,150
Equity
€2.3m
2024 · €2.3m+€31,353
Cash
€17,835
2024 · €22,282-€4,447
Balance sheet total
€4.0m
2024 · €3.6m+€382,495
Largest movements
Assets
- Receivables within one year +€392,183
up €392,183 (+12.3%), from €3.2m to €3.6m
of which Other amounts receivable: +€390,170
Equity and liabilities
- Trade debts +€273,129
up €273,129 (+40.7%), from €670,915 to €944,044
- Tax, wage and social debts +€108,975
up €108,975 (+32.8%), from €331,848 to €440,823
of which Taxes: +€121,028
Income statement
- Gross operating margin -€238,152
down €238,152 (-8.9%), from €2.7m to €2.4m
- Write-downs +€105,410
up €105,410 (+69.9%), from -€150,899 to -€45,489
- Staff costs +€97,807
up €97,807 (+4.7%), from €2.1m to €2.2m
- Taxes +€71,198
up €71,198 (+79.4%), from €89,626 to €160,824
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.
Result 2024
€551,503
Gross operating margin
-€238,152
Staff costs
-€97,807
Depreciation
-€9,564
Write-downs
-€105,410
Other operating charges
+€1,903
Financial income
+€9,885
Financial charges
-€9,806
Taxes
-€71,198
Result 2025
€31,353
raises the resultlowers the result
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.
From operations
+€102,709
Investment
-€107,156
Financing
+€0
Cash 2024
€22,282
From operations (derived)
+€102,709
Net result for the year
+€31,353
Depreciation
+€122,514
Receivables within one year
-€392,183
Deferred charges and accrued income
-€10,117
Trade debts
+€273,129
Tax, wage and social debts
+€108,975
Other debts
-€30,962
Investment (derived)
-€107,156
Investment in fixed assets (net)
-€107,156
Financing
+€0
Contributions, distributions and other
+€0
Cash 2025
€17,835
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,629,605 | €4,012,100 | +€382,495 | +10.5% |
| Fixed assets | 21/28 | €415,970 | €400,612 | -€15,358 | -3.7% |
| Intangible fixed assets | 21 | €366,965 | €372,747 | +€5,782 | +1.6% |
| Tangible fixed assets | 22/27 | €39,123 | €17,983 | -€21,140 | -54.0% |
| Plant, machinery and equipment | 23 | €13,351 | €7,349 | -€6,002 | -45.0% |
| Furniture and vehicles | 24 | €20,148 | €6,765 | -€13,383 | -66.4% |
| Other tangible fixed assets | 26 | €5,624 | €3,870 | -€1,754 | -31.2% |
| Financial fixed assets | 28 | €9,882 | €9,882 | -€0 | 0.0% |
| Current assets | 29/58 | €3,213,635 | €3,611,488 | +€397,853 | +12.4% |
| Amounts receivable within one year | 40/41 | €3,184,862 | €3,577,045 | +€392,183 | +12.3% |
| Trade receivables | 40 | €3,139,317 | €3,141,330 | +€2,013 | +0.1% |
| Other amounts receivable | 41 | €45,545 | €435,715 | +€390,170 | +857% |
| Cash at bank and in hand | 54/58 | €22,282 | €17,835 | -€4,447 | -20.0% |
| Deferred charges and accrued income | 490/1 | €6,491 | €16,608 | +€10,117 | +156% |
| Total equity and liabilities | 10/49 | €3,629,605 | €4,012,100 | +€382,495 | +10.5% |
| Equity | 10/15 | €2,310,953 | €2,342,306 | +€31,353 | +1.4% |
| Contributions | 10/11 | €55,900 | €55,900 | = | 0.0% |
| Reserves | 13 | €2,255,053 | €2,286,406 | +€31,353 | +1.4% |
| Non-distributable reserves | 130/1 | €3,735 | €3,735 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,735 | €3,735 | = | 0.0% |
| Distributable reserves | 133 | €2,251,318 | €2,282,671 | +€31,353 | +1.4% |
| Amounts payable | 17/49 | €1,318,652 | €1,669,794 | +€351,142 | +26.6% |
| Amounts payable within one year | 42/48 | €1,318,652 | €1,669,794 | +€351,142 | +26.6% |
| Trade debts | 44 | €670,915 | €944,044 | +€273,129 | +40.7% |
| Suppliers | 440/4 | €670,915 | €944,044 | +€273,129 | +40.7% |
| Taxes, remuneration and social security | 45 | €331,848 | €440,823 | +€108,975 | +32.8% |
| Taxes | 450/3 | €123,671 | €244,699 | +€121,028 | +97.9% |
| Remuneration and social security | 454/9 | €208,177 | €196,124 | -€12,053 | -5.8% |
| Other amounts payable | 47/48 | €315,889 | €284,927 | -€30,962 | -9.8% |
| Remuneration, social security and pensions | 62 | €2,072,185 | €2,169,992 | +€97,807 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,950 | €122,514 | +€9,564 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€150,899 | -€45,489 | +€105,410 | +69.9% |
| Other operating charges | 640/8 | €3,905 | €2,002 | -€1,903 | -48.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,669,843 | €2,431,691 | -€238,152 | -8.9% |
| Operating profit (loss) | 9901 | €631,702 | €182,671 | -€449,031 | -71.1% |
| Financial income | 75/76B | €15,522 | €25,407 | +€9,885 | +63.7% |
| Recurring financial income | 75 | €15,522 | €25,407 | +€9,885 | +63.7% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €6,095 | €15,901 | +€9,806 | +161% |
| Recurring financial charges | 65 | €6,095 | €15,901 | +€9,806 | +161% |
| Profit (loss) for the period before taxes | 9903 | €641,129 | €192,176 | -€448,953 | -70.0% |
| Income taxes | 67/77 | €89,626 | €160,824 | +€71,198 | +79.4% |
| Profit (loss) for the period | 9904 | €551,503 | €31,353 | -€520,150 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €551,503 | €31,353 | -€520,150 | -94.3% |
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 27 October 2026 via checked.be.