SOLVIT: 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.
SOLVIT
Largest movements
- Tangible fixed assets -€101,439
down €101,439 (-4.3%), from €2.4m to €2.3m
of which Land and buildings: -€66,679
- Receivables within one year +€32,894
up €32,894 (+100.8%), from €32,619 to €65,513
of which Other amounts receivable: +€28,010
- Other debts -€275,215
no longer reported in 2025 (was €275,215)
- Debts after one year +€137,742
up €137,742 (+12.8%), from €1.1m to €1.2m
of which Other amounts payable: +€270,823
- Current portion of long-term debt +€94,814
up €94,814 (+124.3%), from €76,263 to €171,077
- Accrued charges and deferred income +€51,357
new in 2025: €51,357
- Profit (loss) carried forward -€26,950
down €26,950 (-36.4%), from €74,029 to €47,079
- Financial charges +€54,054
up €54,054 (+409.9%), from €13,188 to €67,242
of which Non-recurring financial charges: +€51,357
- Other operating charges +€6,494
up €6,494 (+53.1%), from €12,224 to €18,718
- Gross operating margin -€6,337
down €6,337 (-3.5%), from €178,845 to €172,508
- Depreciation +€5,711
up €5,711 (+7.0%), from €81,410 to €87,121
- Taxes -€4,894
down €4,894 (-16.0%), from €30,545 to €25,650
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 | €2,414,089 | €2,352,698 | -€61,391 | -2.5% |
| Fixed assets | 21/28 | €2,379,347 | €2,277,908 | -€101,439 | -4.3% |
| Tangible fixed assets | 22/27 | €2,379,317 | €2,277,878 | -€101,439 | -4.3% |
| Land and buildings | 22 | €2,292,746 | €2,226,067 | -€66,679 | -2.9% |
| Plant, machinery and equipment | 23 | €41,838 | €49,554 | +€7,716 | +18.4% |
| Furniture and vehicles | 24 | €44,733 | €2,257 | -€42,476 | -95.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €34,742 | €74,790 | +€40,048 | +115.3% |
| Amounts receivable after more than one year | 29 | - | €7,574 | +€7,574 | |
| Other amounts receivable | 291 | - | €7,574 | +€7,574 | |
| Amounts receivable within one year | 40/41 | €32,619 | €65,513 | +€32,894 | +100.8% |
| Trade receivables | 40 | €29,154 | €34,038 | +€4,884 | +16.8% |
| Other amounts receivable | 41 | €3,465 | €31,475 | +€28,010 | +808.5% |
| Cash at bank and in hand | 54/58 | - | €608 | +€608 | |
| Deferred charges and accrued income | 490/1 | €2,123 | €1,096 | -€1,028 | -48.4% |
| Total equity and liabilities | 10/49 | €2,414,089 | €2,352,698 | -€61,391 | -2.5% |
| Equity | 10/15 | €840,597 | €815,305 | -€25,292 | -3.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €674,168 | €675,826 | +€1,657 | +0.2% |
| Tax-exempt reserves | 132 | €341,377 | €343,034 | +€1,657 | +0.5% |
| Distributable reserves | 133 | €332,792 | €332,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,029 | €47,079 | -€26,950 | -36.4% |
| Provisions and deferred taxes | 16 | €93,258 | €74,558 | -€18,700 | -20.1% |
| Deferred taxes | 168 | €93,258 | €74,558 | -€18,700 | -20.1% |
| Amounts payable | 17/49 | €1,480,234 | €1,462,835 | -€17,399 | -1.2% |
| Amounts payable after more than one year | 17 | €1,075,029 | €1,212,771 | +€137,742 | +12.8% |
| Financial debts | 170/4 | €1,074,129 | €941,048 | -€133,081 | -12.4% |
| Other amounts payable | 178/9 | €900 | €271,723 | +€270,823 | +30091.4% |
| Amounts payable within one year | 42/48 | €405,204 | €198,707 | -€206,498 | -51.0% |
| Current portion of amounts payable after more than one year | 42 | €76,263 | €171,077 | +€94,814 | +124.3% |
| Financial debts | 43 | €20,173 | - | -€20,173 | |
| Credit institutions | 430/8 | €2,448 | - | -€2,448 | |
| Other loans | 439 | €17,725 | - | -€17,725 | |
| Trade debts | 44 | €15,619 | €13,017 | -€2,602 | -16.7% |
| Suppliers | 440/4 | €15,619 | €13,017 | -€2,602 | -16.7% |
| Taxes, remuneration and social security | 45 | €17,934 | €14,612 | -€3,322 | -18.5% |
| Taxes | 450/3 | €17,934 | €14,612 | -€3,322 | -18.5% |
| Other amounts payable | 47/48 | €275,215 | - | -€275,215 | |
| Accrued charges and deferred income | 492/3 | - | €51,357 | +€51,357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,410 | €87,121 | +€5,711 | +7.0% |
| Other operating charges | 640/8 | €12,224 | €18,718 | +€6,494 | +53.1% |
| Non-recurring operating charges | 66A | - | €18,359 | +€18,359 | |
| Gross operating margin | 9900 | €178,845 | €172,508 | -€6,337 | -3.5% |
| Operating profit (loss) | 9901 | €85,211 | €48,311 | -€36,900 | -43.3% |
| Financial income | 75/76B | €20 | €589 | +€569 | +2827.0% |
| Recurring financial income | 75 | €20 | €589 | +€569 | +2827.0% |
| Financial charges | 65/66B | €13,188 | €67,242 | +€54,054 | +409.9% |
| Recurring financial charges | 65 | €13,188 | €15,885 | +€2,697 | +20.5% |
| Non-recurring financial charges | 66B | - | €51,357 | +€51,357 | |
| Profit (loss) for the period before taxes | 9903 | €72,043 | -€18,343 | -€90,386 | |
| Transfer from deferred taxes | 780 | €9,105 | €4,261 | -€4,844 | -53.2% |
| Income taxes | 67/77 | €30,545 | €25,650 | -€4,894 | -16.0% |
| Profit (loss) for the period | 9904 | €50,603 | -€39,732 | -€90,335 | |
| Transfer from tax-exempt reserves | 789 | €21,675 | €12,782 | -€8,893 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,279 | -€26,950 | -€99,229 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.