SOLVINT: 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.
SOLVINT
Largest movements
- Cash -€224,646
down €224,646 (-77.6%), from €289,624 to €64,979
mainly Trade debts (-€494,807) and Deferred charges and accrued income (-€40,891)
- Deferred charges and accrued income +€40,891
up €40,891 (+777.1%), from €5,262 to €46,153
- Trade debts -€494,807
down €494,807 (-27.7%), from €1.8m to €1.3m
- Tax, wage and social debts +€173,176
up €173,176 (+44.1%), from €392,485 to €565,660
of which Remuneration and social security: +€157,906
- Short-term financial debts +€131,575
up €131,575 (+28.7%), from €458,396 to €589,971
- Profit (loss) carried forward +€44,228
up €44,228 (+30.4%), from €145,692 to €189,920
- Gross operating margin +€1.1m
up €1.1m (+44.4%), from €2.6m to €3.7m
- Staff costs +€1.1m
up €1.1m (+46.2%), from €2.4m to €3.5m
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 | €2,792,764 | €2,646,297 | -€146,467 | -5.2% |
| Fixed assets | 21/28 | €50,468 | €60,287 | +€9,819 | +19.5% |
| Tangible fixed assets | 22/27 | €43,539 | €53,083 | +€9,544 | +21.9% |
| Plant, machinery and equipment | 23 | €9,598 | €13,531 | +€3,933 | +41.0% |
| Other tangible fixed assets | 26 | €33,941 | €39,552 | +€5,611 | +16.5% |
| Financial fixed assets | 28 | €6,929 | €7,204 | +€275 | +4.0% |
| Current assets | 29/58 | €2,742,297 | €2,586,010 | -€156,286 | -5.7% |
| Amounts receivable within one year | 40/41 | €2,447,410 | €2,474,879 | +€27,468 | +1.1% |
| Trade receivables | 40 | €2,447,234 | €2,474,879 | +€27,644 | +1.1% |
| Other amounts receivable | 41 | €176 | €0 | -€176 | -100.0% |
| Cash at bank and in hand | 54/58 | €289,624 | €64,979 | -€224,646 | -77.6% |
| Deferred charges and accrued income | 490/1 | €5,262 | €46,153 | +€40,891 | +777.1% |
| Total equity and liabilities | 10/49 | €2,792,764 | €2,646,297 | -€146,467 | -5.2% |
| Equity | 10/15 | €153,192 | €197,420 | +€44,228 | +28.9% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,692 | €189,920 | +€44,228 | +30.4% |
| Amounts payable | 17/49 | €2,639,572 | €2,448,877 | -€190,695 | -7.2% |
| Amounts payable within one year | 42/48 | €2,638,933 | €2,448,877 | -€190,056 | -7.2% |
| Financial debts | 43 | €458,396 | €589,971 | +€131,575 | +28.7% |
| Credit institutions | 430/8 | €458,396 | €589,971 | +€131,575 | +28.7% |
| Trade debts | 44 | €1,788,053 | €1,293,246 | -€494,807 | -27.7% |
| Suppliers | 440/4 | €1,788,053 | €1,293,246 | -€494,807 | -27.7% |
| Taxes, remuneration and social security | 45 | €392,485 | €565,660 | +€173,176 | +44.1% |
| Taxes | 450/3 | €105,306 | €120,575 | +€15,270 | +14.5% |
| Remuneration and social security | 454/9 | €287,179 | €445,085 | +€157,906 | +55.0% |
| Accrued charges and deferred income | 492/3 | €639 | €0 | -€639 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,385,360 | €3,486,867 | +€1.1m | +46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,476 | €12,172 | +€1,695 | +16.2% |
| Other operating charges | 640/8 | €756 | €1,944 | +€1,188 | +157.2% |
| Gross operating margin | 9900 | €2,581,368 | €3,726,748 | +€1.1m | +44.4% |
| Operating profit (loss) | 9901 | €184,776 | €225,766 | +€40,990 | +22.2% |
| Financial income | 75/76B | €104 | €106 | +€2 | +2.4% |
| Recurring financial income | 75 | €104 | €106 | +€2 | +2.4% |
| Financial charges | 65/66B | €81,071 | €77,975 | -€3,096 | -3.8% |
| Recurring financial charges | 65 | €81,071 | €77,975 | -€3,096 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €103,808 | €147,897 | +€44,089 | +42.5% |
| Income taxes | 67/77 | €74,026 | €103,668 | +€29,642 | +40.0% |
| Profit (loss) for the period | 9904 | €29,782 | €44,228 | +€14,446 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,782 | €44,228 | +€14,446 | +48.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.