Solvoha: 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.
Solvoha
Largest movements
- Cash +€58,019
up €58,019 (+121.5%), from €47,741 to €105,760
mainly Net result for the year (+€74,994) and Receivables within one year (+€27,648)
- Receivables within one year -€27,648
down €27,648 (-72.8%), from €37,952 to €10,304
- Deferred charges and accrued income +€7,249
up €7,249 (+336.9%), from €2,152 to €9,401
- Tangible fixed assets -€4,299
down €4,299 (-21.8%), from €19,680 to €15,381
of which Plant, machinery and equipment: -€3,858
- Profit (loss) carried forward +€74,994
up €74,994 (+39.3%), from €190,969 to €265,962
- Tax, wage and social debts -€32,806
down €32,806 (-56.4%), from €58,170 to €25,364
of which Taxes: -€32,851
- Trade debts -€10,073
down €10,073 (-79.5%), from €12,666 to €2,593
- Gross operating margin -€89,186
down €89,186 (-45.8%), from €194,633 to €105,446
- Taxes -€22,028
down €22,028 (-50.6%), from €43,576 to €21,547
- Staff costs +€3,257
new in 2025: €3,257
- Financial income +€2,251
up €2,251 (+104.5%), from €2,154 to €4,405
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 | €264,389 | €296,709 | +€32,321 | +12.2% |
| Fixed assets | 21/28 | €20,043 | €15,744 | -€4,299 | -21.4% |
| Tangible fixed assets | 22/27 | €19,680 | €15,381 | -€4,299 | -21.8% |
| Plant, machinery and equipment | 23 | €12,463 | €8,605 | -€3,858 | -31.0% |
| Furniture and vehicles | 24 | €7,217 | €6,777 | -€441 | -6.1% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €244,345 | €280,965 | +€36,620 | +15.0% |
| Amounts receivable after more than one year | 29 | €156,500 | €154,500 | -€2,000 | -1.3% |
| Other amounts receivable | 291 | €156,500 | €154,500 | -€2,000 | -1.3% |
| Amounts receivable within one year | 40/41 | €37,952 | €10,304 | -€27,648 | -72.8% |
| Trade receivables | 40 | €37,952 | €10,304 | -€27,648 | -72.8% |
| Current investments | 50/53 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €47,741 | €105,760 | +€58,019 | +121.5% |
| Deferred charges and accrued income | 490/1 | €2,152 | €9,401 | +€7,249 | +336.9% |
| Total equity and liabilities | 10/49 | €264,389 | €296,709 | +€32,321 | +12.2% |
| Equity | 10/15 | €193,469 | €268,462 | +€74,994 | +38.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €190,969 | €265,962 | +€74,994 | +39.3% |
| Amounts payable | 17/49 | €70,920 | €28,247 | -€42,673 | -60.2% |
| Amounts payable within one year | 42/48 | €70,920 | €28,247 | -€42,673 | -60.2% |
| Trade debts | 44 | €12,666 | €2,593 | -€10,073 | -79.5% |
| Suppliers | 440/4 | €12,666 | €2,593 | -€10,073 | -79.5% |
| Taxes, remuneration and social security | 45 | €58,170 | €25,364 | -€32,806 | -56.4% |
| Taxes | 450/3 | €58,170 | €25,319 | -€32,851 | -56.5% |
| Remuneration and social security | 454/9 | - | €45 | +€45 | |
| Other amounts payable | 47/48 | €84 | €291 | +€206 | +245.1% |
| Remuneration, social security and pensions | 62 | - | €3,257 | +€3,257 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,700 | €7,076 | +€376 | +5.6% |
| Other operating charges | 640/8 | €722 | €948 | +€227 | +31.4% |
| Gross operating margin | 9900 | €194,633 | €105,446 | -€89,186 | -45.8% |
| Operating profit (loss) | 9901 | €187,211 | €94,165 | -€93,046 | -49.7% |
| Financial income | 75/76B | €2,154 | €4,405 | +€2,251 | +104.5% |
| Recurring financial income | 75 | €2,154 | €4,405 | +€2,251 | +104.5% |
| Financial charges | 65/66B | €2,252 | €2,029 | -€224 | -9.9% |
| Recurring financial charges | 65 | €2,252 | €2,029 | -€224 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €187,112 | €96,541 | -€90,572 | -48.4% |
| Income taxes | 67/77 | €43,576 | €21,547 | -€22,028 | -50.6% |
| Profit (loss) for the period | 9904 | €143,537 | €74,994 | -€68,543 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €143,537 | €74,994 | -€68,543 | -47.8% |
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 28 September 2026 via checked.be.