SOLVO: 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.
SOLVO
Largest movements
- Cash +€978
up €978 (+38.9%), from €2,514 to €3,491
mainly Other debts (+€4,960) and Deferred charges and accrued income (+€501)
- Receivables within one year +€774
up €774 (+69.3%), from €1,116 to €1,891
of which Trade receivables: +€1,891
- Deferred charges and accrued income -€501
down €501 (-59.8%), from €838 to €337
- Other debts +€4,960
new in 2025: €4,960
- Reserves -€3,642
down €3,642 (-91.5%), from €3,978 to €336
- Trade debts -€282
down €282 (-48.2%), from €585 to €303
- Tax, wage and social debts +€215
up €215, from €0 to €215
- Gross operating margin +€5,142
up €5,142 (+62.9%), from -€8,178 to -€3,035
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 | €7,563 | €8,814 | +€1,251 | +16.5% |
| Current assets | 29/58 | €7,563 | €8,814 | +€1,251 | +16.5% |
| Amounts receivable within one year | 40/41 | €1,116 | €1,891 | +€774 | +69.3% |
| Trade receivables | 40 | - | €1,891 | +€1,891 | |
| Other amounts receivable | 41 | €1,116 | €0 | -€1,116 | -100.0% |
| Current investments | 50/53 | €3,095 | €3,095 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,514 | €3,491 | +€978 | +38.9% |
| Deferred charges and accrued income | 490/1 | €838 | €337 | -€501 | -59.8% |
| Total equity and liabilities | 10/49 | €7,563 | €8,814 | +€1,251 | +16.5% |
| Equity | 10/15 | €6,978 | €3,336 | -€3,642 | -52.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,978 | €336 | -€3,642 | -91.5% |
| Distributable reserves | 133 | €3,978 | €336 | -€3,642 | -91.5% |
| Amounts payable | 17/49 | €585 | €5,477 | +€4,892 | +836.0% |
| Amounts payable within one year | 42/48 | €585 | €5,477 | +€4,892 | +836.0% |
| Trade debts | 44 | €585 | €303 | -€282 | -48.2% |
| Suppliers | 440/4 | €585 | €303 | -€282 | -48.2% |
| Taxes, remuneration and social security | 45 | €0 | €215 | +€215 | |
| Taxes | 450/3 | €0 | €215 | +€215 | |
| Other amounts payable | 47/48 | - | €4,960 | +€4,960 | |
| Other operating charges | 640/8 | €592 | €610 | +€18 | +3.0% |
| Gross operating margin | 9900 | -€8,178 | -€3,035 | +€5,142 | +62.9% |
| Operating profit (loss) | 9901 | -€8,769 | -€3,645 | +€5,124 | +58.4% |
| Financial income | 75/76B | €26 | €3 | -€22 | -86.8% |
| Recurring financial income | 75 | €26 | €3 | -€22 | -86.8% |
| Financial charges | 65/66B | €10 | €0 | -€10 | -100.0% |
| Recurring financial charges | 65 | €10 | €0 | -€10 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,753 | -€3,642 | +€5,112 | +58.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€8,753 | -€3,642 | +€5,112 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,753 | -€3,642 | +€5,112 | +58.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.