SOLVENTURE: 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.
SOLVENTURE
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+25.8%), from €4.7m to €5.9m
of which Trade receivables: +€615,597
- Cash -€313,970
down €313,970 (-33.9%), from €927,070 to €613,100
mainly Receivables within one year (-€1.2m) and Investment in fixed assets (net) (-€173,907)
- Tangible fixed assets +€156,869
up €156,869 (+2460.0%), from €6,377 to €163,246
of which Other tangible fixed assets: +€132,385
- Reserves +€760,000
up €760,000 (+45.1%), from €1.7m to €2.4m
of which Distributable reserves: +€760,000
- Tax, wage and social debts +€167,180
up €167,180 (+17.9%), from €935,254 to €1.1m
of which Taxes: +€247,442
- Accrued charges and deferred income +€139,098
up €139,098 (+16.3%), from €854,333 to €993,432
- Gross operating margin +€914,939
up €914,939 (+22.5%), from €4.1m to €5.0m
- Taxes +€241,389
up €241,389 (+342.8%), from €70,427 to €311,816
- Staff costs +€130,185
up €130,185 (+3.5%), from €3.7m to €3.8m
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 | €6,147,800 | €7,252,571 | +€1.1m | +18.0% |
| Fixed assets | 21/28 | €248,102 | €407,971 | +€159,869 | +64.4% |
| Tangible fixed assets | 22/27 | €6,377 | €163,246 | +€156,869 | +2460.0% |
| Plant, machinery and equipment | 23 | €2,031 | €1,245 | -€787 | -38.7% |
| Furniture and vehicles | 24 | €1,794 | €27,065 | +€25,271 | +1408.9% |
| Other tangible fixed assets | 26 | €2,552 | €134,937 | +€132,385 | +5187.8% |
| Financial fixed assets | 28 | €241,725 | €244,725 | +€3,000 | +1.2% |
| Current assets | 29/58 | €5,899,698 | €6,844,600 | +€944,902 | +16.0% |
| Amounts receivable after more than one year | 29 | €58,000 | €58,000 | = | 0.0% |
| Other amounts receivable | 291 | €58,000 | €58,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,694,541 | €5,903,560 | +€1.2m | +25.8% |
| Trade receivables | 40 | €3,123,357 | €3,738,954 | +€615,597 | +19.7% |
| Other amounts receivable | 41 | €1,571,184 | €2,164,606 | +€593,423 | +37.8% |
| Cash at bank and in hand | 54/58 | €927,070 | €613,100 | -€313,970 | -33.9% |
| Deferred charges and accrued income | 490/1 | €220,088 | €269,940 | +€49,852 | +22.7% |
| Total equity and liabilities | 10/49 | €6,147,800 | €7,252,571 | +€1.1m | +18.0% |
| Equity | 10/15 | €2,334,693 | €3,095,572 | +€760,879 | +32.6% |
| Contributions | 10/11 | €643,000 | €643,000 | = | 0.0% |
| Capital | 10 | €643,000 | €643,000 | = | 0.0% |
| Issued capital | 100 | €643,000 | €643,000 | = | 0.0% |
| Reserves | 13 | €1,684,300 | €2,444,300 | +€760,000 | +45.1% |
| Non-distributable reserves | 130/1 | €64,300 | €64,300 | = | 0.0% |
| Legal reserve | 130 | €64,300 | €64,300 | = | 0.0% |
| Distributable reserves | 133 | €1,620,000 | €2,380,000 | +€760,000 | +46.9% |
| Profit (loss) carried forward | 14 | €7,393 | €8,272 | +€879 | +11.9% |
| Provisions and deferred taxes | 16 | €58,000 | €58,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €58,000 | €58,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €58,000 | €58,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,755,107 | €4,099,000 | +€343,892 | +9.2% |
| Amounts payable within one year | 42/48 | €2,900,774 | €3,105,568 | +€204,794 | +7.1% |
| Financial debts | 43 | €7,706 | €43,994 | +€36,288 | +470.9% |
| Credit institutions | 430/8 | €7,706 | €43,994 | +€36,288 | +470.9% |
| Trade debts | 44 | €1,957,815 | €1,959,140 | +€1,326 | +0.1% |
| Suppliers | 440/4 | €1,957,815 | €1,959,140 | +€1,326 | +0.1% |
| Taxes, remuneration and social security | 45 | €935,254 | €1,102,434 | +€167,180 | +17.9% |
| Taxes | 450/3 | €73,908 | €321,350 | +€247,442 | +334.8% |
| Remuneration and social security | 454/9 | €861,346 | €781,084 | -€80,262 | -9.3% |
| Accrued charges and deferred income | 492/3 | €854,333 | €993,432 | +€139,098 | +16.3% |
| Remuneration, social security and pensions | 62 | €3,706,556 | €3,836,740 | +€130,185 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,528 | €14,038 | +€12,510 | +819.0% |
| Other operating charges | 640/8 | €23,385 | €11,642 | -€11,743 | -50.2% |
| Gross operating margin | 9900 | €4,066,905 | €4,981,844 | +€914,939 | +22.5% |
| Operating profit (loss) | 9901 | €335,437 | €1,119,424 | +€783,987 | +233.7% |
| Financial income | 75/76B | €86,577 | €112,781 | +€26,204 | +30.3% |
| Recurring financial income | 75 | €86,577 | €112,781 | +€26,204 | +30.3% |
| Financial charges | 65/66B | €48,703 | €59,510 | +€10,807 | +22.2% |
| Recurring financial charges | 65 | €48,703 | €59,510 | +€10,807 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €373,311 | €1,172,695 | +€799,383 | +214.1% |
| Income taxes | 67/77 | €70,427 | €311,816 | +€241,389 | +342.8% |
| Profit (loss) for the period | 9904 | €302,885 | €860,879 | +€557,994 | +184.2% |
| Profit (loss) for the period to be appropriated | 9905 | €302,885 | €860,879 | +€557,994 | +184.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.