SOLVENGO: 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.
SOLVENGO
Largest movements
- Financial fixed assets -€100,000
no longer reported in 2025 (was €100,000)
- Intangible fixed assets +€50,745
new in 2025: €50,745
- Cash +€33,191
up €33,191 (+2684.4%), from €1,236 to €34,428
mainly Investment in fixed assets (net) (+€36,569) and Trade debts (+€20,746)
- Receivables within one year +€8,563
up €8,563 (+226.8%), from €3,776 to €12,338
of which Trade receivables: +€6,014
- Trade debts +€20,746
up €20,746 (+367.8%), from €5,640 to €26,386
- Debts after one year -€15,526
down €15,526 (-25.7%), from €60,297 to €44,772
- Profit (loss) carried forward -€8,151
new in 2025: -€8,151
- Other debts -€5,000
down €5,000 (-59.9%), from €8,353 to €3,353
- Advances received -€1,645
no longer reported in 2025 (was €1,645)
- Depreciation +€12,686
up €12,686 (+5417.7%), from €234 to €12,920
- Gross operating margin +€9,427
up €9,427 (+407.6%), from €2,313 to €11,740
- Financial charges +€1,937
up €1,937 (+123.1%), from €1,573 to €3,511
- Taxes +€1,607
up €1,607 (+1982.8%), from €81 to €1,688
- Other operating charges +€684
up €684 (+79.4%), from €862 to €1,546
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 | €105,254 | €97,518 | -€7,735 | -7.3% |
| Fixed assets | 21/28 | €100,242 | €50,753 | -€49,489 | -49.4% |
| Intangible fixed assets | 21 | - | €50,745 | +€50,745 | |
| Tangible fixed assets | 22/27 | €242 | €8 | -€234 | -96.8% |
| Furniture and vehicles | 24 | €242 | €8 | -€234 | -96.8% |
| Financial fixed assets | 28 | €100,000 | - | -€100,000 | |
| Current assets | 29/58 | €5,012 | €46,766 | +€41,754 | +833.1% |
| Amounts receivable within one year | 40/41 | €3,776 | €12,338 | +€8,563 | +226.8% |
| Trade receivables | 40 | €3,776 | €9,790 | +€6,014 | +159.3% |
| Other amounts receivable | 41 | - | €2,548 | +€2,548 | |
| Cash at bank and in hand | 54/58 | €1,236 | €34,428 | +€33,191 | +2684.4% |
| Total equity and liabilities | 10/49 | €105,254 | €97,518 | -€7,735 | -7.3% |
| Equity | 10/15 | €12,261 | €4,111 | -€8,151 | -66.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,061 | €6,061 | = | 0.0% |
| Distributable reserves | 133 | €6,061 | €6,061 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,151 | -€8,151 | |
| Amounts payable | 17/49 | €92,992 | €93,408 | +€415 | +0.4% |
| Amounts payable after more than one year | 17 | €60,297 | €44,772 | -€15,526 | -25.7% |
| Financial debts | 170/4 | €60,297 | €44,772 | -€15,526 | -25.7% |
| Amounts payable within one year | 42/48 | €32,424 | €48,418 | +€15,994 | +49.3% |
| Current portion of amounts payable after more than one year | 42 | €16,093 | €16,790 | +€697 | +4.3% |
| Trade debts | 44 | €5,640 | €26,386 | +€20,746 | +367.8% |
| Suppliers | 440/4 | €5,640 | €26,386 | +€20,746 | +367.8% |
| Advances received on contracts in progress | 46 | €1,645 | - | -€1,645 | |
| Taxes, remuneration and social security | 45 | €693 | €1,889 | +€1,196 | +172.6% |
| Taxes | 450/3 | €693 | €1,889 | +€1,196 | +172.6% |
| Other amounts payable | 47/48 | €8,353 | €3,353 | -€5,000 | -59.9% |
| Accrued charges and deferred income | 492/3 | €271 | €218 | -€53 | -19.4% |
| Remuneration, social security and pensions | 62 | - | €226 | +€226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234 | €12,920 | +€12,686 | +5417.7% |
| Other operating charges | 640/8 | €862 | €1,546 | +€684 | +79.4% |
| Gross operating margin | 9900 | €2,313 | €11,740 | +€9,427 | +407.6% |
| Operating profit (loss) | 9901 | €1,217 | -€2,952 | -€4,169 | |
| Financial income | 75/76B | €533 | - | -€533 | |
| Recurring financial income | 75 | €533 | - | -€533 | |
| Financial charges | 65/66B | €1,573 | €3,511 | +€1,937 | +123.1% |
| Recurring financial charges | 65 | €1,573 | €3,511 | +€1,937 | +123.1% |
| Profit (loss) for the period before taxes | 9903 | €176 | -€6,463 | -€6,639 | |
| Income taxes | 67/77 | €81 | €1,688 | +€1,607 | +1982.8% |
| Profit (loss) for the period | 9904 | €95 | -€8,151 | -€8,246 | |
| Profit (loss) for the period to be appropriated | 9905 | €95 | -€8,151 | -€8,246 |
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 12 October 2026 via checked.be.