SOLVAS CONSULTANCY: what changed
Two fiscal 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.
SOLVAS CONSULTANCY
Largest movements
- Receivables within one year -€35,007
down €35,007 (-9.1%), from €386,086 to €351,079
of which Trade receivables: -€98,342
- Cash -€24,937
down €24,937 (-99.7%), from €25,010 to €73
mainly Debts after one year (-€115,675) and Trade debts (-€38,047)
- Tangible fixed assets -€18,993
down €18,993 (-10.4%), from €182,941 to €163,948
of which Other tangible fixed assets: -€11,968
- Debts after one year -€115,675
down €115,675 (-81.2%), from €142,422 to €26,746
- Other debts +€77,889
up €77,889 (+33.9%), from €229,432 to €307,321
- Trade debts -€38,047
down €38,047 (-36.4%), from €104,491 to €66,444
- Short-term financial debts +€24,243
up €24,243 (+637.5%), from €3,803 to €28,046
- Reserves -€23,110
down €23,110 (-42.0%), from €55,043 to €31,932
- Gross operating margin +€78,624
up €78,624, from -€54,890 to €23,734
- Depreciation +€3,236
up €3,236 (+13.6%), from €23,876 to €27,112
- Financial charges +€1,891
up €1,891 (+12.0%), from €15,697 to €17,588
- Other operating charges -€1,388
down €1,388 (-38.2%), from €3,630 to €2,242
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.
Cash bridge derived
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 | €594,958 | €515,971 | -€78,987 | -13.3% |
| Fixed assets | 21/28 | €182,941 | €163,948 | -€18,993 | -10.4% |
| Tangible fixed assets | 22/27 | €182,941 | €163,948 | -€18,993 | -10.4% |
| Plant, machinery and equipment | 23 | €3,887 | €2,311 | -€1,576 | -40.5% |
| Furniture and vehicles | 24 | €92,948 | €87,498 | -€5,450 | -5.9% |
| Other tangible fixed assets | 26 | €86,106 | €74,138 | -€11,968 | -13.9% |
| Current assets | 29/58 | €412,017 | €352,023 | -€59,994 | -14.6% |
| Amounts receivable within one year | 40/41 | €386,086 | €351,079 | -€35,007 | -9.1% |
| Trade receivables | 40 | €218,830 | €120,488 | -€98,342 | -44.9% |
| Other amounts receivable | 41 | €167,256 | €230,591 | +€63,335 | +37.9% |
| Cash at bank and in hand | 54/58 | €25,010 | €73 | -€24,937 | -99.7% |
| Deferred charges and accrued income | 490/1 | €921 | €871 | -€50 | -5.4% |
| Total equity and liabilities | 10/49 | €594,958 | €515,971 | -€78,987 | -13.3% |
| Equity | 10/15 | €73,643 | €50,532 | -€23,110 | -31.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,043 | €31,932 | -€23,110 | -42.0% |
| Distributable reserves | 133 | €55,043 | €31,932 | -€23,110 | -42.0% |
| Amounts payable | 17/49 | €521,315 | €465,438 | -€55,877 | -10.7% |
| Amounts payable after more than one year | 17 | €142,422 | €26,746 | -€115,675 | -81.2% |
| Financial debts | 170/4 | €142,422 | €26,746 | -€115,675 | -81.2% |
| Amounts payable within one year | 42/48 | €372,848 | €437,533 | +€64,685 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €26,441 | €32,648 | +€6,207 | +23.5% |
| Financial debts | 43 | €3,803 | €28,046 | +€24,243 | +637.5% |
| Credit institutions | 430/8 | €3,803 | €28,046 | +€24,243 | +637.5% |
| Trade debts | 44 | €104,491 | €66,444 | -€38,047 | -36.4% |
| Suppliers | 440/4 | €104,491 | €66,444 | -€38,047 | -36.4% |
| Taxes, remuneration and social security | 45 | €8,682 | €3,074 | -€5,607 | -64.6% |
| Taxes | 450/3 | €8,682 | - | -€8,682 | |
| Remuneration and social security | 454/9 | - | €3,074 | +€3,074 | |
| Other amounts payable | 47/48 | €229,432 | €307,321 | +€77,889 | +33.9% |
| Accrued charges and deferred income | 492/3 | €6,045 | €1,159 | -€4,886 | -80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,876 | €27,112 | +€3,236 | +13.6% |
| Other operating charges | 640/8 | €3,630 | €2,242 | -€1,388 | -38.2% |
| Non-recurring operating charges | 66A | €29,133 | - | -€29,133 | |
| Gross operating margin | 9900 | -€54,890 | €23,734 | +€78,624 | |
| Operating profit (loss) | 9901 | -€111,529 | -€5,620 | +€105,909 | +95.0% |
| Financial income | 75/76B | - | €450 | +€450 | |
| Recurring financial income | 75 | - | €450 | +€450 | |
| Financial charges | 65/66B | €15,697 | €17,588 | +€1,891 | +12.0% |
| Recurring financial charges | 65 | €15,697 | €17,588 | +€1,891 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€127,226 | -€22,758 | +€104,467 | +82.1% |
| Income taxes | 67/77 | €463 | €352 | -€111 | -24.0% |
| Profit (loss) for the period | 9904 | -€127,689 | -€23,110 | +€104,579 | +81.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€127,689 | -€23,110 | +€104,579 | +81.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.