SOLVEX GROUP: 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.
SOLVEX GROUP
Largest movements
- Tangible fixed assets -€30,013
down €30,013 (-100%), from €30,013 to €0
- Receivables within one year +€1,633
new in 2024: €1,633
- Cash -€371
down €371 (-100%), from €371 to €0
mainly Other debts (-€32,062) and Receivables within one year (-€1,633)
- Other debts -€32,062
no longer reported in 2024 (was €32,062)
- Profit (loss) carried forward +€2,678
up €2,678, from -€2,678 to €0
- Trade debts +€510
new in 2024: €510
- Purchases and services -€14,030
no longer reported in 2024 (was €14,030)
- Turnover -€13,003
no longer reported in 2024 (was €13,003)
- Depreciation -€1,579
no longer reported in 2024 (was €1,579)
- Gross operating margin +€1,027
no longer reported in 2024 (was -€1,027)
- Other operating charges +€197
new in 2024: €197
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.
Derived cash bridge
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 | €30,384 | €1,633 | -€28,750 | -94.6% |
| Fixed assets | 21/28 | €30,013 | €0 | -€30,013 | -100% |
| Tangible fixed assets | 22/27 | €30,013 | €0 | -€30,013 | -100% |
| Plant, machinery and equipment | 23 | €30,013 | €0 | -€30,013 | -100% |
| Current assets | 29/58 | €371 | €1,633 | +€1,262 | +340% |
| Amounts receivable within one year | 40/41 | - | €1,633 | +€1,633 | |
| Other amounts receivable | 41 | - | €1,633 | +€1,633 | |
| Cash at bank and in hand | 54/58 | €371 | €0 | -€371 | -100% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €30,384 | €1,633 | -€28,750 | -94.6% |
| Equity | 10/15 | -€1,678 | €1,000 | +€2,678 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,678 | €0 | +€2,678 | |
| Amounts payable | 17/49 | €32,062 | €633 | -€31,428 | -98.0% |
| Amounts payable within one year | 42/48 | €32,062 | €510 | -€31,552 | -98.4% |
| Trade debts | 44 | - | €510 | +€510 | |
| Suppliers | 440/4 | - | €510 | +€510 | |
| Other amounts payable | 47/48 | €32,062 | - | -€32,062 | |
| Accrued charges and deferred income | 492/3 | - | €124 | +€124 | |
| Turnover | 70 | €13,003 | - | -€13,003 | |
| Goods, raw materials, services and sundry goods | 60/61 | €14,030 | - | -€14,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,579 | - | -€1,579 | |
| Other operating charges | 640/8 | - | €197 | +€197 | |
| Gross operating margin | 9900 | -€1,027 | - | +€1,027 | |
| Operating profit (loss) | 9901 | -€2,606 | -€197 | +€2,409 | +92.4% |
| Financial charges | 65/66B | €72 | €0 | -€72 | -100% |
| Recurring financial charges | 65 | €72 | €0 | -€72 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€2,678 | -€197 | +€2,481 | +92.6% |
| Profit (loss) for the period | 9904 | -€2,678 | -€197 | +€2,481 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,678 | -€197 | +€2,481 | +92.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.