SOLVX: 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.
SOLVX
Largest movements
- Tangible fixed assets +€18,432
up €18,432 (+1884.7%), from €978 to €19,410
of which Leasing and similar rights: +€18,836
- Receivables within one year -€17,377
down €17,377 (-71.7%), from €24,227 to €6,850
of which Trade receivables: -€17,832
- Cash -€7,845
down €7,845 (-97.5%), from €8,050 to €205
mainly Net result for the year (-€31,094) and Investment in fixed assets (net) (-€23,545)
- Deferred charges and accrued income -€2,801
no longer reported in 2025 (was €2,801)
- Profit (loss) carried forward -€31,094
down €31,094 (-96.2%), from -€32,313 to -€63,407
- Debts after one year +€13,135
new in 2025: €13,135
- Other debts +€12,997
up €12,997 (+54.7%), from €23,751 to €36,748
- Trade debts -€6,982
down €6,982 (-22.9%), from €30,446 to €23,464
- Current portion of long-term debt +€4,811
up €4,811 (+1064.9%), from €452 to €5,263
- Gross operating margin -€42,987
down €42,987, from €22,672 to -€20,315
- Depreciation +€4,873
up €4,873 (+2022.9%), from €241 to €5,114
- Financial charges +€937
up €937 (+76.5%), from €1,226 to €2,163
- Taxes +€693
up €693 (+2310033.3%), from €0 to €693
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 | €36,056 | €26,465 | -€9,591 | -26.6% |
| Fixed assets | 21/28 | €978 | €19,410 | +€18,432 | +1884.7% |
| Tangible fixed assets | 22/27 | €978 | €19,410 | +€18,432 | +1884.7% |
| Furniture and vehicles | 24 | €978 | €573 | -€405 | -41.4% |
| Leasing and similar rights | 25 | - | €18,836 | +€18,836 | |
| Current assets | 29/58 | €35,078 | €7,055 | -€28,023 | -79.9% |
| Amounts receivable within one year | 40/41 | €24,227 | €6,850 | -€17,377 | -71.7% |
| Trade receivables | 40 | €24,032 | €6,200 | -€17,832 | -74.2% |
| Other amounts receivable | 41 | €195 | €650 | +€456 | +234.0% |
| Cash at bank and in hand | 54/58 | €8,050 | €205 | -€7,845 | -97.5% |
| Deferred charges and accrued income | 490/1 | €2,801 | - | -€2,801 | |
| Total equity and liabilities | 10/49 | €36,056 | €26,465 | -€9,591 | -26.6% |
| Equity | 10/15 | -€21,775 | -€52,868 | -€31,094 | -142.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €4,338 | €4,338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €2,478 | €2,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,313 | -€63,407 | -€31,094 | -96.2% |
| Amounts payable | 17/49 | €57,830 | €79,333 | +€21,503 | +37.2% |
| Amounts payable after more than one year | 17 | - | €13,135 | +€13,135 | |
| Financial debts | 170/4 | - | €13,135 | +€13,135 | |
| Amounts payable within one year | 42/48 | €57,830 | €66,197 | +€8,367 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €452 | €5,263 | +€4,811 | +1064.9% |
| Trade debts | 44 | €30,446 | €23,464 | -€6,982 | -22.9% |
| Suppliers | 440/4 | €30,446 | €23,464 | -€6,982 | -22.9% |
| Taxes, remuneration and social security | 45 | €3,181 | €722 | -€2,459 | -77.3% |
| Taxes | 450/3 | €3,181 | €722 | -€2,459 | -77.3% |
| Other amounts payable | 47/48 | €23,751 | €36,748 | +€12,997 | +54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241 | €5,114 | +€4,873 | +2022.9% |
| Other operating charges | 640/8 | €2,906 | €2,828 | -€78 | -2.7% |
| Gross operating margin | 9900 | €22,672 | -€20,315 | -€42,987 | |
| Operating profit (loss) | 9901 | €19,526 | -€28,257 | -€47,782 | |
| Financial income | 75/76B | €0 | €19 | +€19 | +20744.4% |
| Recurring financial income | 75 | €0 | €19 | +€19 | +20744.4% |
| Financial charges | 65/66B | €1,226 | €2,163 | +€937 | +76.5% |
| Recurring financial charges | 65 | €1,226 | €2,163 | +€937 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €18,300 | -€30,401 | -€48,701 | |
| Income taxes | 67/77 | €0 | €693 | +€693 | +2310033.3% |
| Profit (loss) for the period | 9904 | €18,300 | -€31,094 | -€49,394 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,300 | -€31,094 | -€49,394 |
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 9 October 2026 via checked.be.