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Solveno Technologies: 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.

What changed

Solveno Technologies

BE 0800.158.542
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€172,727
2024 · -€29,184-€143,544
Equity
-€42,911
2024 · €129,816-€172,727
Cash
€62,775
2024 · €125,921-€63,146
Balance sheet total
€79,499
2024 · €182,897-€103,398

Largest movements

2024 to 2025
Assets
  • Cash -€63,146

    down €63,146 (-50.1%), from €125,921 to €62,775

    mainly Net result for the year (-€172,727) and Trade debts (-€27,822)

  • Receivables within one year -€38,983

    down €38,983 (-80.9%), from €48,212 to €9,230

    of which Trade receivables: -€39,227

Equity and liabilities
  • Profit (loss) carried forward -€172,727

    down €172,727 (-591.9%), from -€29,184 to -€201,911

  • Debts after one year +€100,000

    new in 2025: €100,000

  • Trade debts -€27,822

    down €27,822 (-78.8%), from €35,310 to €7,488

  • Tax, wage and social debts -€4,051

    down €4,051 (-22.8%), from €17,770 to €13,718

    of which Remuneration and social security: -€7,392

Income statement
  • Gross operating margin -€164,173

    down €164,173, from €93,758 to -€70,415

  • Staff costs -€22,765

    down €22,765 (-19.4%), from €117,572 to €94,807

  • Depreciation +€1,123

    up €1,123 (+70.4%), from €1,594 to €2,717

From the 2024 result to the 2025 result

effect on the 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 -€29,184
Gross operating margin -€164,173
Staff costs +€22,765
Depreciation -€1,123
Other operating charges +€372
Financial income +€8
Financial charges -€862
Taxes -€531
Result 2025 -€172,727

Cash bridge derived

cash 2024 to 2025

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 -€161,918
Investment -€1,229
Financing +€100,000
Cash 2024 €125,921
Net result for the year -€172,727
Depreciation +€2,717
Receivables within one year +€38,983
Smaller working-capital items -€183
Trade debts -€27,822
Tax, wage and social debts -€4,051
Accrued charges and deferred income +€1,167
Investment in fixed assets (net) -€1,229
Debts after one year +€100,000
Cash 2025 €62,775
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €182,897 €79,499 -€103,398 -56.5%
Formation expenses 20 €1,619 €0 -€1,619 -100.0%
Fixed assets 21/28 €1,692 €1,823 +€132 +7.8%
Tangible fixed assets 22/27 €1,692 €1,823 +€132 +7.8%
Plant, machinery and equipment 23 €1,692 €1,823 +€132 +7.8%
Current assets 29/58 €179,586 €77,676 -€101,910 -56.7%
Amounts receivable within one year 40/41 €48,212 €9,230 -€38,983 -80.9%
Trade receivables 40 €40,499 €1,272 -€39,227 -96.9%
Other amounts receivable 41 €7,713 €7,958 +€245 +3.2%
Cash at bank and in hand 54/58 €125,921 €62,775 -€63,146 -50.1%
Deferred charges and accrued income 490/1 €5,452 €5,672 +€219 +4.0%
Total equity and liabilities 10/49 €182,897 €79,499 -€103,398 -56.5%
Equity 10/15 €129,816 -€42,911 -€172,727
Contributions 10/11 €159,000 €159,000 = 0.0%
Profit (loss) carried forward 14 -€29,184 -€201,911 -€172,727 -591.9%
Amounts payable 17/49 €53,080 €122,410 +€69,330 +130.6%
Amounts payable after more than one year 17 - €100,000 +€100,000
Financial debts 170/4 - €100,000 +€100,000
Amounts payable within one year 42/48 €53,080 €21,243 -€31,837 -60.0%
Trade debts 44 €35,310 €7,488 -€27,822 -78.8%
Suppliers 440/4 €35,310 €7,488 -€27,822 -78.8%
Taxes, remuneration and social security 45 €17,770 €13,718 -€4,051 -22.8%
Taxes 450/3 €2,422 €5,763 +€3,341 +137.9%
Remuneration and social security 454/9 €15,348 €7,956 -€7,392 -48.2%
Other amounts payable 47/48 €0 €36 +€36 +36350.0%
Accrued charges and deferred income 492/3 - €1,167 +€1,167
Remuneration, social security and pensions 62 €117,572 €94,807 -€22,765 -19.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,594 €2,717 +€1,123 +70.4%
Other operating charges 640/8 €897 €525 -€372 -41.5%
Gross operating margin 9900 €93,758 -€70,415 -€164,173
Operating profit (loss) 9901 -€26,304 -€168,463 -€142,159 -540.4%
Financial income 75/76B €4 €12 +€8 +193.2%
Recurring financial income 75 €4 €12 +€8 +193.2%
Financial charges 65/66B €2,883 €3,745 +€862 +29.9%
Recurring financial charges 65 €2,883 €3,745 +€862 +29.9%
Profit (loss) for the period before taxes 9903 -€29,184 -€172,196 -€143,012 -490.0%
Income taxes 67/77 - €531 +€531
Profit (loss) for the period 9904 -€29,184 -€172,727 -€143,544 -491.9%
Profit (loss) for the period to be appropriated 9905 -€29,184 -€172,727 -€143,544 -491.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.