SOLVENTRA: 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.
SOLVENTRA
Largest movements
- Receivables within one year -€65,856
down €65,856 (-69.2%), from €95,124 to €29,269
of which Trade receivables: -€65,201
- Tangible fixed assets -€2,295
down €2,295 (-7.6%), from €30,148 to €27,853
of which Furniture and vehicles: -€2,931
- Accrued charges and deferred income -€105,910
down €105,910 (-100.0%), from €105,910 to €0
- Other debts +€39,413
up €39,413 (+788.3%), from €5,000 to €44,413
- Tax, wage and social debts -€9,288
down €9,288 (-29.5%), from €31,440 to €22,152
of which Taxes: -€7,125
- Advances received +€8,500
new in 2024: €8,500
- Trade debts -€3,956
down €3,956 (-100.0%), from €3,956 to €0
- Gross operating margin -€73,758
down €73,758 (-82.3%), from €89,661 to €15,903
- Staff costs -€37,964
down €37,964 (-82.3%), from €46,151 to €8,187
- Taxes -€9,088
down €9,088 (-91.7%), from €9,914 to €827
- Depreciation +€1,070
up €1,070 (+87.3%), from €1,226 to €2,295
- Other operating charges -€1,029
down €1,029 (-36.2%), from €2,841 to €1,811
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €178,008 | €108,701 | -€69,307 | -38.9% |
| Fixed assets | 21/28 | €30,148 | €27,853 | -€2,295 | -7.6% |
| Tangible fixed assets | 22/27 | €30,148 | €27,853 | -€2,295 | -7.6% |
| Plant, machinery and equipment | 23 | - | €636 | +€636 | |
| Furniture and vehicles | 24 | €7,148 | €4,217 | -€2,931 | -41.0% |
| Other tangible fixed assets | 26 | €23,000 | €23,000 | = | 0.0% |
| Current assets | 29/58 | €147,860 | €80,848 | -€67,012 | -45.3% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Trade receivables | 290 | - | €45,000 | +€45,000 | |
| Other amounts receivable | 291 | €45,000 | - | -€45,000 | |
| Stocks and contracts in progress | 3 | €4,838 | €4,838 | = | 0.0% |
| Stocks | 30/36 | €4,838 | €4,838 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €95,124 | €29,269 | -€65,856 | -69.2% |
| Trade receivables | 40 | €94,470 | €29,269 | -€65,201 | -69.0% |
| Other amounts receivable | 41 | €654 | €0 | -€654 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,239 | €1,741 | +€503 | +40.6% |
| Deferred charges and accrued income | 490/1 | €1,659 | €0 | -€1,659 | -100.0% |
| Total equity and liabilities | 10/49 | €178,008 | €108,701 | -€69,307 | -38.9% |
| Equity | 10/15 | €31,702 | €33,636 | +€1,934 | +6.1% |
| Contributions | 10/11 | €900 | €900 | = | 0.0% |
| Reserves | 13 | €34,002 | €34,002 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,252 | €5,252 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,252 | €5,252 | = | 0.0% |
| Distributable reserves | 133 | €28,750 | €28,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,200 | -€1,266 | +€1,934 | +60.4% |
| Amounts payable | 17/49 | €146,306 | €75,065 | -€71,241 | -48.7% |
| Amounts payable within one year | 42/48 | €40,396 | €75,065 | +€34,669 | +85.8% |
| Trade debts | 44 | €3,956 | €0 | -€3,956 | -100.0% |
| Suppliers | 440/4 | €3,956 | €0 | -€3,956 | -100.0% |
| Advances received on contracts in progress | 46 | - | €8,500 | +€8,500 | |
| Taxes, remuneration and social security | 45 | €31,440 | €22,152 | -€9,288 | -29.5% |
| Taxes | 450/3 | €29,277 | €22,152 | -€7,125 | -24.3% |
| Remuneration and social security | 454/9 | €2,163 | €0 | -€2,163 | -100.0% |
| Other amounts payable | 47/48 | €5,000 | €44,413 | +€39,413 | +788.3% |
| Accrued charges and deferred income | 492/3 | €105,910 | €0 | -€105,910 | -100.0% |
| Remuneration, social security and pensions | 62 | €46,151 | €8,187 | -€37,964 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,226 | €2,295 | +€1,070 | +87.3% |
| Other operating charges | 640/8 | €2,841 | €1,811 | -€1,029 | -36.2% |
| Gross operating margin | 9900 | €89,661 | €15,903 | -€73,758 | -82.3% |
| Operating profit (loss) | 9901 | €39,444 | €3,609 | -€35,835 | -90.9% |
| Financial income | 75/76B | €678 | €55 | -€623 | -91.9% |
| Recurring financial income | 75 | €678 | €55 | -€623 | -91.9% |
| Financial charges | 65/66B | €1,261 | €903 | -€358 | -28.4% |
| Recurring financial charges | 65 | €1,261 | €903 | -€358 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €38,861 | €2,761 | -€36,100 | -92.9% |
| Income taxes | 67/77 | €9,914 | €827 | -€9,088 | -91.7% |
| Profit (loss) for the period | 9904 | €28,946 | €1,934 | -€27,013 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,946 | €1,934 | -€27,013 | -93.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.