Solvigo: 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.
Solvigo
Largest movements
- Cash -€5,146
down €5,146 (-11.3%), from €45,702 to €40,556
mainly Other debts (-€3,706) and Net result for the year (-€2,770)
- Tangible fixed assets -€1,574
down €1,574 (-35.3%), from €4,466 to €2,892
of which Other tangible fixed assets: -€4,466
- Other debts -€3,706
down €3,706 (-72.9%), from €5,083 to €1,377
- Profit (loss) carried forward -€2,770
down €2,770 (-54.7%), from €5,065 to €2,294
- Gross operating margin +€4,393
up €4,393 (+97.9%), from -€4,489 to -€96
- Other operating charges +€781
up €781 (+589.5%), from €133 to €914
- Depreciation -€225
down €225 (-12.5%), from €1,799 to €1,574
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.
Cash bridge derived
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 | €50,691 | €44,333 | -€6,358 | -12.5% |
| Fixed assets | 21/28 | €4,466 | €2,892 | -€1,574 | -35.3% |
| Tangible fixed assets | 22/27 | €4,466 | €2,892 | -€1,574 | -35.3% |
| Land and buildings | 22 | - | €2,892 | +€2,892 | |
| Other tangible fixed assets | 26 | €4,466 | - | -€4,466 | |
| Current assets | 29/58 | €46,225 | €41,441 | -€4,784 | -10.3% |
| Amounts receivable within one year | 40/41 | €523 | €885 | +€362 | +69.3% |
| Other amounts receivable | 41 | €523 | €885 | +€362 | +69.3% |
| Cash at bank and in hand | 54/58 | €45,702 | €40,556 | -€5,146 | -11.3% |
| Total equity and liabilities | 10/49 | €50,691 | €44,333 | -€6,358 | -12.5% |
| Equity | 10/15 | €45,608 | €42,838 | -€2,770 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,343 | €34,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,483 | €32,483 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,065 | €2,294 | -€2,770 | -54.7% |
| Amounts payable | 17/49 | €5,083 | €1,495 | -€3,588 | -70.6% |
| Amounts payable within one year | 42/48 | €5,083 | €1,495 | -€3,588 | -70.6% |
| Trade debts | 44 | - | €118 | +€118 | |
| Suppliers | 440/4 | - | €118 | +€118 | |
| Other amounts payable | 47/48 | €5,083 | €1,377 | -€3,706 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,799 | €1,574 | -€225 | -12.5% |
| Other operating charges | 640/8 | €133 | €914 | +€781 | +589.5% |
| Gross operating margin | 9900 | -€4,489 | -€96 | +€4,393 | +97.9% |
| Operating profit (loss) | 9901 | -€6,421 | -€2,584 | +€3,836 | +59.7% |
| Financial charges | 65/66B | €143 | €186 | +€42 | +29.6% |
| Recurring financial charges | 65 | €143 | €186 | +€42 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,564 | -€2,770 | +€3,794 | +57.8% |
| Profit (loss) for the period | 9904 | -€6,564 | -€2,770 | +€3,794 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,564 | -€2,770 | +€3,794 | +57.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.