SOLVOS: 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.
SOLVOS
Largest movements
- Cash +€55,289
up €55,289 (+81.7%), from €67,681 to €122,969
mainly Other debts (+€80,711) and Net result for the year (+€36,677)
- Receivables within one year +€37,813
up €37,813 (+39.2%), from €96,450 to €134,264
of which Trade receivables: +€36,898
- Other debts +€80,711
new in 2025: €80,711
- Debts after one year -€40,813
down €40,813 (-27.8%), from €146,812 to €105,999
- Profit (loss) carried forward +€36,677
up €36,677 (+247.9%), from €14,792 to €51,469
- Trade debts +€20,689
up €20,689 (+61.1%), from €33,867 to €54,557
- Tax, wage and social debts -€5,434
down €5,434 (-48.9%), from €11,105 to €5,671
- Gross operating margin +€33,033
up €33,033 (+114.5%), from €28,855 to €61,888
- Taxes +€11,922
up €11,922 (+954.4%), from €1,249 to €13,171
- Depreciation -€3,389
down €3,389 (-45.8%), from €7,406 to €4,017
- Financial charges +€756
up €756 (+11.2%), from €6,771 to €7,527
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 | €384,575 | €473,082 | +€88,508 | +23.0% |
| Fixed assets | 21/28 | €217,398 | €213,382 | -€4,017 | -1.8% |
| Tangible fixed assets | 22/27 | €6,078 | €2,062 | -€4,017 | -66.1% |
| Plant, machinery and equipment | 23 | €783 | - | -€783 | |
| Furniture and vehicles | 24 | €2,811 | €2,062 | -€749 | -26.6% |
| Leasing and similar rights | 25 | €2,485 | - | -€2,485 | |
| Financial fixed assets | 28 | €211,320 | €211,320 | = | 0.0% |
| Current assets | 29/58 | €167,176 | €259,700 | +€92,524 | +55.3% |
| Amounts receivable within one year | 40/41 | €96,450 | €134,264 | +€37,813 | +39.2% |
| Trade receivables | 40 | €65,979 | €102,876 | +€36,898 | +55.9% |
| Other amounts receivable | 41 | €30,472 | €31,387 | +€916 | +3.0% |
| Cash at bank and in hand | 54/58 | €67,681 | €122,969 | +€55,289 | +81.7% |
| Deferred charges and accrued income | 490/1 | €3,045 | €2,468 | -€578 | -19.0% |
| Total equity and liabilities | 10/49 | €384,575 | €473,082 | +€88,508 | +23.0% |
| Equity | 10/15 | €148,654 | €185,331 | +€36,677 | +24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,262 | €115,262 | = | 0.0% |
| Distributable reserves | 133 | €115,262 | €115,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,792 | €51,469 | +€36,677 | +247.9% |
| Amounts payable | 17/49 | €235,920 | €287,751 | +€51,831 | +22.0% |
| Amounts payable after more than one year | 17 | €146,812 | €105,999 | -€40,813 | -27.8% |
| Financial debts | 170/4 | €146,812 | €105,999 | -€40,813 | -27.8% |
| Amounts payable within one year | 42/48 | €88,066 | €181,752 | +€93,686 | +106.4% |
| Current portion of amounts payable after more than one year | 42 | €43,094 | €40,813 | -€2,281 | -5.3% |
| Trade debts | 44 | €33,867 | €54,557 | +€20,689 | +61.1% |
| Suppliers | 440/4 | €33,867 | €54,557 | +€20,689 | +61.1% |
| Taxes, remuneration and social security | 45 | €11,105 | €5,671 | -€5,434 | -48.9% |
| Taxes | 450/3 | €11,105 | €5,671 | -€5,434 | -48.9% |
| Other amounts payable | 47/48 | - | €80,711 | +€80,711 | |
| Accrued charges and deferred income | 492/3 | €1,042 | - | -€1,042 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,406 | €4,017 | -€3,389 | -45.8% |
| Other operating charges | 640/8 | €334 | €497 | +€163 | +48.9% |
| Gross operating margin | 9900 | €28,855 | €61,888 | +€33,033 | +114.5% |
| Operating profit (loss) | 9901 | €21,116 | €57,375 | +€36,259 | +171.7% |
| Financial income | 75/76B | €576 | €0 | -€576 | -100.0% |
| Recurring financial income | 75 | €576 | €0 | -€576 | -100.0% |
| Financial charges | 65/66B | €6,771 | €7,527 | +€756 | +11.2% |
| Recurring financial charges | 65 | €6,771 | €7,527 | +€756 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €14,921 | €49,848 | +€34,927 | +234.1% |
| Income taxes | 67/77 | €1,249 | €13,171 | +€11,922 | +954.4% |
| Profit (loss) for the period | 9904 | €13,672 | €36,677 | +€23,005 | +168.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,672 | €36,677 | +€23,005 | +168.3% |
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.