SOLVENTURES: 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.
SOLVENTURES
Largest movements
- Receivables within one year +€19,293
up €19,293 (+302.6%), from €6,375 to €25,668
of which Trade receivables: +€10,491
- Cash -€7,200
down €7,200 (-86.5%), from €8,323 to €1,122
mainly Receivables within one year (-€19,293) and Contributions, distributions and other (-€13,579)
- Tangible fixed assets +€1,509
up €1,509 (+47.5%), from €3,179 to €4,688
of which Other tangible fixed assets: +€1,415
- Other debts +€13,579
up €13,579, from €0 to €13,579
- Profit (loss) carried forward -€2,034
down €2,034 (-100.0%), from €2,034 to €0
- Tax, wage and social debts +€1,168
up €1,168 (+18.7%), from €6,231 to €7,399
- Trade debts +€835
up €835 (+83.2%), from €1,004 to €1,839
- Gross operating margin +€4,401
up €4,401 (+35.9%), from €12,253 to €16,654
- Depreciation -€1,228
down €1,228 (-47.4%), from €2,590 to €1,362
- Financial income +€412
up €412 (+242.1%), from €170 to €583
- Taxes +€393
up €393 (+12.3%), from €3,189 to €3,583
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 | €18,269 | €31,817 | +€13,548 | +74.2% |
| Fixed assets | 21/28 | €3,554 | €4,872 | +€1,318 | +37.1% |
| Intangible fixed assets | 21 | €375 | €185 | -€190 | -50.7% |
| Tangible fixed assets | 22/27 | €3,179 | €4,688 | +€1,509 | +47.5% |
| Plant, machinery and equipment | 23 | €620 | €1,293 | +€674 | +108.7% |
| Furniture and vehicles | 24 | €2,559 | €1,980 | -€580 | -22.6% |
| Other tangible fixed assets | 26 | - | €1,415 | +€1,415 | |
| Current assets | 29/58 | €14,715 | €26,945 | +€12,229 | +83.1% |
| Amounts receivable within one year | 40/41 | €6,375 | €25,668 | +€19,293 | +302.6% |
| Trade receivables | 40 | €161 | €10,652 | +€10,491 | +6504.7% |
| Other amounts receivable | 41 | €6,214 | €15,016 | +€8,802 | +141.6% |
| Cash at bank and in hand | 54/58 | €8,323 | €1,122 | -€7,200 | -86.5% |
| Deferred charges and accrued income | 490/1 | €17 | €154 | +€137 | +794.9% |
| Total equity and liabilities | 10/49 | €18,269 | €31,817 | +€13,548 | +74.2% |
| Equity | 10/15 | €11,034 | €9,000 | -€2,034 | -18.4% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,034 | €0 | -€2,034 | -100.0% |
| Amounts payable | 17/49 | €7,235 | €22,817 | +€15,582 | +215.4% |
| Amounts payable within one year | 42/48 | €7,235 | €22,817 | +€15,582 | +215.4% |
| Trade debts | 44 | €1,004 | €1,839 | +€835 | +83.2% |
| Suppliers | 440/4 | €1,004 | €1,839 | +€835 | +83.2% |
| Taxes, remuneration and social security | 45 | €6,231 | €7,399 | +€1,168 | +18.7% |
| Taxes | 450/3 | €6,231 | €7,399 | +€1,168 | +18.7% |
| Other amounts payable | 47/48 | €0 | €13,579 | +€13,579 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,590 | €1,362 | -€1,228 | -47.4% |
| Other operating charges | 640/8 | €505 | €578 | +€72 | +14.3% |
| Gross operating margin | 9900 | €12,253 | €16,654 | +€4,401 | +35.9% |
| Operating profit (loss) | 9901 | €9,158 | €14,715 | +€5,557 | +60.7% |
| Financial income | 75/76B | €170 | €583 | +€412 | +242.1% |
| Recurring financial income | 75 | €170 | €583 | +€412 | +242.1% |
| Financial charges | 65/66B | €146 | €170 | +€23 | +16.0% |
| Recurring financial charges | 65 | €146 | €170 | +€23 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €9,182 | €15,128 | +€5,946 | +64.8% |
| Income taxes | 67/77 | €3,189 | €3,583 | +€393 | +12.3% |
| Profit (loss) for the period | 9904 | €5,992 | €11,545 | +€5,553 | +92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,992 | €11,545 | +€5,553 | +92.7% |
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 11 October 2026 via checked.be.