SOLYDE: 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.
SOLYDE
Largest movements
- Financial fixed assets -€408,560
down €408,560 (-94.2%), from €433,560 to €25,000
- Receivables within one year -€41,727
down €41,727 (-92.3%), from €45,196 to €3,469
of which Trade receivables: -€43,235
- Tangible fixed assets +€14,731
up €14,731 (+512.7%), from €2,873 to €17,604
- Cash -€14,136
down €14,136 (-30.1%), from €46,916 to €32,780
mainly Net result for the year (-€351,266) and Debts after one year (-€80,000)
- Profit (loss) carried forward -€351,266
down €351,266, from €257,889 to -€93,377
- Debts after one year -€80,000
down €80,000 (-39.2%), from €204,000 to €124,000
- Trade debts -€18,657
down €18,657 (-74.2%), from €25,139 to €6,481
- Financial charges +€414,647
up €414,647 (+31216.1%), from €1,328 to €415,975
of which Non-recurring financial charges: +€415,175
- Gross operating margin -€50,091
down €50,091 (-31.0%), from €161,386 to €111,296
- Taxes -€15,365
down €15,365 (-36.4%), from €42,250 to €26,885
- Depreciation +€13,832
up €13,832 (+1927.3%), from €718 to €14,550
- Other operating charges +€3,760
up €3,760 (+270.3%), from €1,391 to €5,152
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 | €530,011 | €80,736 | -€449,275 | -84.8% |
| Fixed assets | 21/28 | €436,433 | €42,604 | -€393,829 | -90.2% |
| Tangible fixed assets | 22/27 | €2,873 | €17,604 | +€14,731 | +512.7% |
| Furniture and vehicles | 24 | €2,873 | €17,604 | +€14,731 | +512.7% |
| Financial fixed assets | 28 | €433,560 | €25,000 | -€408,560 | -94.2% |
| Current assets | 29/58 | €93,578 | €38,132 | -€55,446 | -59.3% |
| Amounts receivable within one year | 40/41 | €45,196 | €3,469 | -€41,727 | -92.3% |
| Trade receivables | 40 | €45,187 | €1,952 | -€43,235 | -95.7% |
| Other amounts receivable | 41 | €10 | €1,517 | +€1,507 | +15816.8% |
| Cash at bank and in hand | 54/58 | €46,916 | €32,780 | -€14,136 | -30.1% |
| Deferred charges and accrued income | 490/1 | €1,466 | €1,883 | +€418 | +28.5% |
| Total equity and liabilities | 10/49 | €530,011 | €80,736 | -€449,275 | -84.8% |
| Equity | 10/15 | €279,889 | -€71,377 | -€351,266 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257,889 | -€93,377 | -€351,266 | |
| Amounts payable | 17/49 | €250,122 | €152,113 | -€98,009 | -39.2% |
| Amounts payable after more than one year | 17 | €204,000 | €124,000 | -€80,000 | -39.2% |
| Other amounts payable | 178/9 | €204,000 | €124,000 | -€80,000 | -39.2% |
| Amounts payable within one year | 42/48 | €46,122 | €28,113 | -€18,009 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €5,084 | €5,059 | -€25 | -0.5% |
| Trade debts | 44 | €25,139 | €6,481 | -€18,657 | -74.2% |
| Suppliers | 440/4 | €25,139 | €6,481 | -€18,657 | -74.2% |
| Taxes, remuneration and social security | 45 | €10,508 | €11,428 | +€920 | +8.8% |
| Taxes | 450/3 | €3,008 | €3,928 | +€920 | +30.6% |
| Remuneration and social security | 454/9 | €7,500 | €7,500 | = | 0.0% |
| Other amounts payable | 47/48 | €5,392 | €5,145 | -€247 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €718 | €14,550 | +€13,832 | +1927.3% |
| Other operating charges | 640/8 | €1,391 | €5,152 | +€3,760 | +270.3% |
| Non-recurring operating charges | 66A | €331 | €0 | -€331 | -100.0% |
| Gross operating margin | 9900 | €161,386 | €111,296 | -€50,091 | -31.0% |
| Operating profit (loss) | 9901 | €158,946 | €91,594 | -€67,352 | -42.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,328 | €415,975 | +€414,647 | +31216.1% |
| Recurring financial charges | 65 | €1,328 | €800 | -€528 | -39.7% |
| Non-recurring financial charges | 66B | - | €415,175 | +€415,175 | |
| Profit (loss) for the period before taxes | 9903 | €157,618 | -€324,381 | -€481,999 | |
| Income taxes | 67/77 | €42,250 | €26,885 | -€15,365 | -36.4% |
| Profit (loss) for the period | 9904 | €115,368 | -€351,266 | -€466,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €115,368 | -€351,266 | -€466,634 |
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 29 September 2026 via checked.be.