SOLVO CONSULTING: 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.
SOLVO CONSULTING
Largest movements
- Cash -€34,497
down €34,497 (-50.5%), from €68,371 to €33,874
mainly Contributions, distributions and other (-€56,413) and Other debts (-€25,668)
- Receivables within one year -€5,587
down €5,587 (-16.2%), from €34,545 to €28,958
of which Other amounts receivable: -€4,693
- Tangible fixed assets -€3,031
down €3,031 (-29.0%), from €10,453 to €7,422
of which Furniture and vehicles: -€2,003
- Other debts -€25,668
down €25,668 (-33.7%), from €76,081 to €50,413
- Tax, wage and social debts -€16,064
down €16,064 (-95.7%), from €16,787 to €722
- Short-term financial debts -€1,880
down €1,880 (-100%), from €1,880 to €0
- Gross operating margin -€43,629
down €43,629 (-36.9%), from €118,138 to €74,509
- Taxes -€10,170
down €10,170 (-42.6%), from €23,893 to €13,722
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.
Derived cash bridge
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 | €113,659 | €70,543 | -€43,116 | -37.9% |
| Fixed assets | 21/28 | €10,453 | €7,422 | -€3,031 | -29.0% |
| Tangible fixed assets | 22/27 | €10,453 | €7,422 | -€3,031 | -29.0% |
| Plant, machinery and equipment | 23 | €6,824 | €5,796 | -€1,028 | -15.1% |
| Furniture and vehicles | 24 | €3,629 | €1,626 | -€2,003 | -55.2% |
| Current assets | 29/58 | €103,206 | €63,121 | -€40,084 | -38.8% |
| Amounts receivable within one year | 40/41 | €34,545 | €28,958 | -€5,587 | -16.2% |
| Trade receivables | 40 | €21,557 | €20,663 | -€894 | -4.1% |
| Other amounts receivable | 41 | €12,987 | €8,295 | -€4,693 | -36.1% |
| Cash at bank and in hand | 54/58 | €68,371 | €33,874 | -€34,497 | -50.5% |
| Deferred charges and accrued income | 490/1 | €290 | €290 | = | 0.0% |
| Total equity and liabilities | 10/49 | €113,659 | €70,543 | -€43,116 | -37.9% |
| Equity | 10/15 | €18,550 | €18,550 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €95,109 | €51,993 | -€43,116 | -45.3% |
| Amounts payable within one year | 42/48 | €95,109 | €51,993 | -€43,116 | -45.3% |
| Financial debts | 43 | €1,880 | €0 | -€1,880 | -100% |
| Credit institutions | 430/8 | €1,880 | €0 | -€1,880 | -100% |
| Trade debts | 44 | €361 | €858 | +€497 | +138% |
| Suppliers | 440/4 | €361 | €858 | +€497 | +138% |
| Taxes, remuneration and social security | 45 | €16,787 | €722 | -€16,064 | -95.7% |
| Taxes | 450/3 | €16,787 | €722 | -€16,064 | -95.7% |
| Other amounts payable | 47/48 | €76,081 | €50,413 | -€25,668 | -33.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €249 | +€249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,180 | €3,031 | -€149 | -4.7% |
| Other operating charges | 640/8 | €1,478 | €1,038 | -€440 | -29.8% |
| Gross operating margin | 9900 | €118,138 | €74,509 | -€43,629 | -36.9% |
| Operating profit (loss) | 9901 | €113,480 | €70,191 | -€43,289 | -38.1% |
| Financial charges | 65/66B | €80 | €56 | -€24 | -30.5% |
| Recurring financial charges | 65 | €80 | €56 | -€24 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €113,400 | €70,136 | -€43,264 | -38.2% |
| Income taxes | 67/77 | €23,893 | €13,722 | -€10,170 | -42.6% |
| Profit (loss) for the period | 9904 | €89,507 | €56,413 | -€33,094 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,507 | €56,413 | -€33,094 | -37.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.