SOLVAY SCHOOLS ALUMNI: what changed
SOLVAY SCHOOLS ALUMNI
Largest movements
- Cash -€102,602
down €102,602 (-11.5%), from €892,985 to €790,384
mainly Net result for the year (-€105,133) and Debts within one year (-€68,895)
- Receivables within one year -€74,503
down €74,503 (-84.8%), from €87,814 to €13,311
of which Trade receivables: -€56,943
- Profit (loss) carried forward -€105,133
down €105,133 (-19.5%), from €540,361 to €435,227
- Debts within one year -€68,895
down €68,895 (-43.2%), from €159,413 to €90,518
of which Trade debts: -€86,475
- Gross operating margin -€290,962
down €290,962 (-69.7%), from €417,539 to €126,577
- Staff costs +€81,174
up €81,174 (+55.4%), from €146,509 to €227,683
- Other operating charges -€12,411
down €12,411 (-79.3%), from €15,642 to €3,231
- Financial income +€7,323
up €7,323 (+144%), from €5,089 to €12,412
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,010,422 | €831,418 | -€179,004 | -17.7% |
| Fixed assets | 21/28 | €29,623 | €25,623 | -€3,999 | -13.5% |
| Intangible fixed assets | 21 | €29,284 | €25,623 | -€3,660 | -12.5% |
| Tangible fixed assets | 22/27 | €339 | - | -€339 | |
| Furniture and vehicles | 24 | €339 | - | -€339 | |
| Current assets | 29/58 | €980,799 | €805,795 | -€175,004 | -17.8% |
| Amounts receivable within one year | 40/41 | €87,814 | €13,311 | -€74,503 | -84.8% |
| Trade receivables | 40 | €70,254 | €13,311 | -€56,943 | -81.1% |
| Other amounts receivable | 41 | €17,560 | - | -€17,560 | |
| Cash at bank and in hand | 54/58 | €892,985 | €790,384 | -€102,602 | -11.5% |
| Deferred charges and accrued income | 490/1 | - | €2,100 | +€2,100 | |
| Total equity and liabilities | 10/49 | €1,010,422 | €831,418 | -€179,004 | -17.7% |
| Equity | 10/15 | €845,709 | €738,076 | -€107,633 | -12.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €205,349 | €202,849 | -€2,500 | -1.2% |
| Profit (loss) carried forward | 14 | €540,361 | €435,227 | -€105,133 | -19.5% |
| Amounts payable | 17/49 | €164,713 | €93,342 | -€71,371 | -43.3% |
| Amounts payable within one year | 42/48 | €159,413 | €90,518 | -€68,895 | -43.2% |
| Trade debts | 44 | €125,811 | €39,335 | -€86,475 | -68.7% |
| Suppliers | 440/4 | €125,811 | €39,335 | -€86,475 | -68.7% |
| Taxes, remuneration and social security | 45 | €33,602 | €49,476 | +€15,874 | +47.2% |
| Taxes | 450/3 | €5,133 | €17,460 | +€12,328 | +240% |
| Remuneration and social security | 454/9 | €28,469 | €32,015 | +€3,546 | +12.5% |
| Accrued charges and deferred income | 492/3 | €5,300 | €2,824 | -€2,476 | -46.7% |
| Remuneration, social security and pensions | 62 | €146,509 | €227,683 | +€81,174 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,526 | €3,999 | -€526 | -11.6% |
| Other operating charges | 640/8 | €15,642 | €3,231 | -€12,411 | -79.3% |
| Gross operating margin | 9900 | €417,539 | €126,577 | -€290,962 | -69.7% |
| Operating profit (loss) | 9901 | €250,861 | -€108,337 | -€359,198 | |
| Financial income | 75/76B | €5,089 | €12,412 | +€7,323 | +144% |
| Recurring financial income | 75 | €5,089 | €12,412 | +€7,323 | +144% |
| Financial charges | 65/66B | €2,211 | €5,485 | +€3,275 | +148% |
| Recurring financial charges | 65 | €2,211 | €5,485 | +€3,275 | +148% |
| Profit (loss) for the period before taxes | 9903 | €253,740 | -€101,410 | -€355,149 | |
| Income taxes | 67/77 | €1,515 | €3,724 | +€2,209 | +146% |
| Profit (loss) for the period | 9904 | €252,225 | -€105,133 | -€357,358 | |
| Profit (loss) for the period to be appropriated | 9905 | €252,225 | -€105,133 | -€357,358 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.