SOLVERRR: 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.
SOLVERRR
Largest movements
- Receivables within one year -€64,594
down €64,594 (-48.9%), from €132,193 to €67,599
of which Trade receivables: -€60,305
- Cash -€22,378
down €22,378 (-56.1%), from €39,913 to €17,535
mainly Contributions, distributions and other (-€132,000) and Other debts (-€40,388)
- Current investments +€6,735
up €6,735 (+2.2%), from €311,500 to €318,235
- Other debts -€40,388
down €40,388 (-67.5%), from €59,855 to €19,467
- Tax, wage and social debts -€34,380
down €34,380 (-79.6%), from €43,199 to €8,820
- Reserves -€25,330
down €25,330 (-6.9%), from €366,646 to €341,316
- Trade debts +€22,256
up €22,256 (+896%), from €2,483 to €24,739
- Gross operating margin -€60,910
down €60,910 (-29.4%), from €207,189 to €146,279
- Taxes -€15,293
down €15,293 (-27.7%), from €55,121 to €39,828
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.
Derived cash bridge
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 | €492,103 | €416,078 | -€76,025 | -15.4% |
| Fixed assets | 21/28 | €6,746 | €8,353 | +€1,607 | +23.8% |
| Tangible fixed assets | 22/27 | €6,746 | €8,353 | +€1,607 | +23.8% |
| Plant, machinery and equipment | 23 | €610 | €168 | -€442 | -72.4% |
| Furniture and vehicles | 24 | €4,183 | €6,233 | +€2,049 | +49.0% |
| Other tangible fixed assets | 26 | €1,952 | €1,952 | = | 0.0% |
| Current assets | 29/58 | €485,358 | €407,725 | -€77,632 | -16.0% |
| Amounts receivable within one year | 40/41 | €132,193 | €67,599 | -€64,594 | -48.9% |
| Trade receivables | 40 | €125,685 | €65,380 | -€60,305 | -48.0% |
| Other amounts receivable | 41 | €6,508 | €2,219 | -€4,289 | -65.9% |
| Current investments | 50/53 | €311,500 | €318,235 | +€6,735 | +2.2% |
| Cash at bank and in hand | 54/58 | €39,913 | €17,535 | -€22,378 | -56.1% |
| Deferred charges and accrued income | 490/1 | €1,752 | €4,356 | +€2,604 | +149% |
| Total equity and liabilities | 10/49 | €492,103 | €416,078 | -€76,025 | -15.4% |
| Equity | 10/15 | €385,196 | €359,866 | -€25,330 | -6.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €366,646 | €341,316 | -€25,330 | -6.9% |
| Distributable reserves | 133 | €366,646 | €341,316 | -€25,330 | -6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,907 | €56,212 | -€50,695 | -47.4% |
| Amounts payable within one year | 42/48 | €106,567 | €54,864 | -€51,703 | -48.5% |
| Financial debts | 43 | €1,029 | €1,839 | +€809 | +78.6% |
| Credit institutions | 430/8 | €1,029 | €1,839 | +€809 | +78.6% |
| Trade debts | 44 | €2,483 | €24,739 | +€22,256 | +896% |
| Suppliers | 440/4 | €2,483 | €24,739 | +€22,256 | +896% |
| Taxes, remuneration and social security | 45 | €43,199 | €8,820 | -€34,380 | -79.6% |
| Taxes | 450/3 | €43,199 | €8,820 | -€34,380 | -79.6% |
| Other amounts payable | 47/48 | €59,855 | €19,467 | -€40,388 | -67.5% |
| Accrued charges and deferred income | 492/3 | €340 | €1,347 | +€1,007 | +296% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,913 | €3,423 | +€510 | +17.5% |
| Other operating charges | 640/8 | €1,054 | €1,520 | +€466 | +44.2% |
| Non-recurring operating charges | 66A | €17 | €0 | -€17 | -100% |
| Gross operating margin | 9900 | €207,189 | €146,279 | -€60,910 | -29.4% |
| Operating profit (loss) | 9901 | €203,206 | €141,336 | -€61,870 | -30.4% |
| Financial income | 75/76B | €6,626 | €5,657 | -€970 | -14.6% |
| Recurring financial income | 75 | €6,626 | €5,657 | -€970 | -14.6% |
| Financial charges | 65/66B | €916 | €495 | -€421 | -45.9% |
| Recurring financial charges | 65 | €916 | €495 | -€421 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €208,917 | €146,498 | -€62,419 | -29.9% |
| Income taxes | 67/77 | €55,121 | €39,828 | -€15,293 | -27.7% |
| Profit (loss) for the period | 9904 | €153,796 | €106,670 | -€47,125 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €153,796 | €106,670 | -€47,125 | -30.6% |
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 14 October 2026 via checked.be.