Solvondo: 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.
Solvondo
Largest movements
- Intangible fixed assets +€58,622
new in 2025: €58,622
- Receivables within one year +€14,650
up €14,650 (+212.2%), from €6,904 to €21,554
of which Trade receivables: +€15,243
- Tangible fixed assets -€6,915
down €6,915 (-42.5%), from €16,270 to €9,355
of which Furniture and vehicles: -€5,204
- Deferred charges and accrued income -€2,875
down €2,875 (-51.8%), from €5,547 to €2,672
- Financial fixed assets +€1,635
up €1,635 (+49.7%), from €3,289 to €4,925
- Other debts +€46,236
up €46,236 (+186.4%), from €24,803 to €71,039
- Trade debts +€16,970
up €16,970 (+122.4%), from €13,861 to €30,831
- Profit (loss) carried forward +€2,903
up €2,903 (+19.1%), from -€15,183 to -€12,280
- Write-downs -€3,330
down €3,330 (-100.0%), from €3,330 to €0
- Depreciation +€2,451
up €2,451 (+33.0%), from €7,429 to €9,880
- Gross operating margin -€1,484
down €1,484 (-8.0%), from €18,539 to €17,055
- Other operating charges +€354
up €354 (+17.7%), from €2,005 to €2,359
- Financial income -€214
down €214 (-81.8%), from €261 to €48
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 | €50,759 | €116,679 | +€65,920 | +129.9% |
| Fixed assets | 21/28 | €19,559 | €72,902 | +€53,343 | +272.7% |
| Intangible fixed assets | 21 | - | €58,622 | +€58,622 | |
| Tangible fixed assets | 22/27 | €16,270 | €9,355 | -€6,915 | -42.5% |
| Plant, machinery and equipment | 23 | €4,103 | €2,392 | -€1,710 | -41.7% |
| Furniture and vehicles | 24 | €12,167 | €6,963 | -€5,204 | -42.8% |
| Financial fixed assets | 28 | €3,289 | €4,925 | +€1,635 | +49.7% |
| Current assets | 29/58 | €31,200 | €43,778 | +€12,578 | +40.3% |
| Stocks and contracts in progress | 3 | €9,790 | €9,557 | -€233 | -2.4% |
| Stocks | 30/36 | €9,790 | €9,557 | -€233 | -2.4% |
| Amounts receivable within one year | 40/41 | €6,904 | €21,554 | +€14,650 | +212.2% |
| Trade receivables | 40 | €6,204 | €21,447 | +€15,243 | +245.7% |
| Other amounts receivable | 41 | €699 | €107 | -€592 | -84.7% |
| Cash at bank and in hand | 54/58 | €8,960 | €9,995 | +€1,035 | +11.6% |
| Deferred charges and accrued income | 490/1 | €5,547 | €2,672 | -€2,875 | -51.8% |
| Total equity and liabilities | 10/49 | €50,759 | €116,679 | +€65,920 | +129.9% |
| Equity | 10/15 | €8,270 | €11,173 | +€2,903 | +35.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,454 | €3,454 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,727 | €1,727 | = | 0.0% |
| Distributable reserves | 133 | €1,727 | €1,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,183 | -€12,280 | +€2,903 | +19.1% |
| Amounts payable | 17/49 | €42,489 | €105,506 | +€63,017 | +148.3% |
| Amounts payable within one year | 42/48 | €41,756 | €104,459 | +€62,703 | +150.2% |
| Trade debts | 44 | €13,861 | €30,831 | +€16,970 | +122.4% |
| Suppliers | 440/4 | €13,861 | €30,831 | +€16,970 | +122.4% |
| Taxes, remuneration and social security | 45 | €3,092 | €2,589 | -€503 | -16.3% |
| Taxes | 450/3 | €3,092 | €289 | -€2,803 | -90.6% |
| Remuneration and social security | 454/9 | - | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | €24,803 | €71,039 | +€46,236 | +186.4% |
| Accrued charges and deferred income | 492/3 | €733 | €1,047 | +€314 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,429 | €9,880 | +€2,451 | +33.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,330 | €0 | -€3,330 | -100.0% |
| Other operating charges | 640/8 | €2,005 | €2,359 | +€354 | +17.7% |
| Gross operating margin | 9900 | €18,539 | €17,055 | -€1,484 | -8.0% |
| Operating profit (loss) | 9901 | €5,775 | €4,816 | -€959 | -16.6% |
| Financial income | 75/76B | €261 | €48 | -€214 | -81.8% |
| Recurring financial income | 75 | €261 | €48 | -€214 | -81.8% |
| Financial charges | 65/66B | €1,734 | €1,818 | +€84 | +4.8% |
| Recurring financial charges | 65 | €1,734 | €1,818 | +€84 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €4,302 | €3,045 | -€1,257 | -29.2% |
| Income taxes | 67/77 | €135 | €143 | +€7 | +5.3% |
| Profit (loss) for the period | 9904 | €4,167 | €2,903 | -€1,264 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,167 | €2,903 | -€1,264 | -30.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.