SOLVENZ: 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.
SOLVENZ
Largest movements
- Cash +€10,140
up €10,140 (+327.0%), from €3,101 to €13,241
mainly Trade debts (+€9,595) and Depreciation (+€5,453)
- Receivables within one year +€9,661
up €9,661 (+47.8%), from €20,206 to €29,867
of which Other amounts receivable: +€10,158
- Tangible fixed assets -€5,453
down €5,453 (-27.4%), from €19,872 to €14,418
- Deferred charges and accrued income -€3,550
down €3,550 (-59.4%), from €5,973 to €2,423
- Trade debts +€9,595
up €9,595 (+2493.5%), from €385 to €9,980
- Debts after one year -€5,905
down €5,905 (-100.0%), from €5,905 to €0
- Profit (loss) carried forward +€5,175
up €5,175 (+20.2%), from €25,578 to €30,753
- Accrued charges and deferred income +€2,340
new in 2025: €2,340
- Current portion of long-term debt -€878
down €878 (-12.9%), from €6,783 to €5,905
- Gross operating margin -€6,504
down €6,504 (-32.3%), from €20,137 to €13,633
- Taxes -€949
down €949 (-29.1%), from €3,257 to €2,308
- Depreciation -€678
down €678 (-11.1%), from €6,132 to €5,453
- Financial charges -€307
down €307 (-34.8%), from €881 to €574
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 | €49,151 | €59,949 | +€10,798 | +22.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €19,872 | €14,418 | -€5,453 | -27.4% |
| Tangible fixed assets | 22/27 | €19,872 | €14,418 | -€5,453 | -27.4% |
| Furniture and vehicles | 24 | €19,872 | €14,418 | -€5,453 | -27.4% |
| Current assets | 29/58 | €29,279 | €45,531 | +€16,252 | +55.5% |
| Amounts receivable within one year | 40/41 | €20,206 | €29,867 | +€9,661 | +47.8% |
| Trade receivables | 40 | €10,673 | €10,177 | -€497 | -4.7% |
| Other amounts receivable | 41 | €9,532 | €19,690 | +€10,158 | +106.6% |
| Cash at bank and in hand | 54/58 | €3,101 | €13,241 | +€10,140 | +327.0% |
| Deferred charges and accrued income | 490/1 | €5,973 | €2,423 | -€3,550 | -59.4% |
| Total equity and liabilities | 10/49 | €49,151 | €59,949 | +€10,798 | +22.0% |
| Equity | 10/15 | €28,578 | €33,753 | +€5,175 | +18.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,578 | €30,753 | +€5,175 | +20.2% |
| Amounts payable | 17/49 | €20,573 | €26,196 | +€5,623 | +27.3% |
| Amounts payable after more than one year | 17 | €5,905 | €0 | -€5,905 | -100.0% |
| Financial debts | 170/4 | €5,905 | €0 | -€5,905 | -100.0% |
| Amounts payable within one year | 42/48 | €14,668 | €23,856 | +€9,188 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | €6,783 | €5,905 | -€878 | -12.9% |
| Trade debts | 44 | €385 | €9,980 | +€9,595 | +2493.5% |
| Suppliers | 440/4 | €385 | €9,980 | +€9,595 | +2493.5% |
| Taxes, remuneration and social security | 45 | €7,500 | €7,970 | +€471 | +6.3% |
| Taxes | 450/3 | €7,500 | €6,470 | -€1,029 | -13.7% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €2,340 | +€2,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,132 | €5,453 | -€678 | -11.1% |
| Other operating charges | 640/8 | €822 | €754 | -€69 | -8.4% |
| Gross operating margin | 9900 | €20,137 | €13,633 | -€6,504 | -32.3% |
| Operating profit (loss) | 9901 | €13,183 | €7,426 | -€5,757 | -43.7% |
| Financial income | 75/76B | €581 | €632 | +€51 | +8.8% |
| Recurring financial income | 75 | €581 | €632 | +€51 | +8.8% |
| Financial charges | 65/66B | €881 | €574 | -€307 | -34.8% |
| Recurring financial charges | 65 | €881 | €574 | -€307 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €12,883 | €7,484 | -€5,399 | -41.9% |
| Income taxes | 67/77 | €3,257 | €2,308 | -€949 | -29.1% |
| Profit (loss) for the period | 9904 | €9,625 | €5,175 | -€4,450 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,625 | €5,175 | -€4,450 | -46.2% |
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 28 September 2026 via checked.be.