SOLYWA: 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.
SOLYWA
Largest movements
- Cash +€572,209
up €572,209 (+552.6%), from €103,545 to €675,754
mainly Current investments (+€550,000) and Other debts (+€485,126)
- Current investments -€550,000
no longer reported in 2025 (was €550,000)
- Receivables within one year +€346,063
up €346,063 (+114.5%), from €302,148 to €648,212
of which Other amounts receivable: +€270,744
- Other debts +€485,126
up €485,126 (+333.1%), from €145,630 to €630,755
- Profit (loss) carried forward -€218,438
down €218,438 (-41.0%), from €533,064 to €314,626
- Tax, wage and social debts +€79,661
up €79,661 (+4408.4%), from €1,807 to €81,468
- Trade debts +€20,282
up €20,282 (+12.1%), from €167,745 to €188,027
- Financial income -€332,868
down €332,868 (-77.7%), from €428,557 to €95,688
- Gross operating margin +€95,980
up €95,980 (+47.6%), from €201,817 to €297,796
- Financial charges +€33,248
up €33,248 (+53.7%), from €61,941 to €95,189
- Taxes +€12,796
up €12,796 (+37.6%), from €34,062 to €46,858
- Other operating charges +€8,680
up €8,680 (+965.9%), from €899 to €9,578
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 | €979,236 | €1,345,866 | +€366,630 | +37.4% |
| Fixed assets | 21/28 | €17,342 | €17,044 | -€298 | -1.7% |
| Tangible fixed assets | 22/27 | €298 | - | -€298 | |
| Furniture and vehicles | 24 | €298 | - | -€298 | |
| Financial fixed assets | 28 | €17,044 | €17,044 | = | 0.0% |
| Current assets | 29/58 | €961,894 | €1,328,822 | +€366,928 | +38.1% |
| Amounts receivable within one year | 40/41 | €302,148 | €648,212 | +€346,063 | +114.5% |
| Trade receivables | 40 | €255,993 | €331,313 | +€75,320 | +29.4% |
| Other amounts receivable | 41 | €46,155 | €316,899 | +€270,744 | +586.6% |
| Current investments | 50/53 | €550,000 | - | -€550,000 | |
| Cash at bank and in hand | 54/58 | €103,545 | €675,754 | +€572,209 | +552.6% |
| Deferred charges and accrued income | 490/1 | €6,201 | €4,857 | -€1,344 | -21.7% |
| Total equity and liabilities | 10/49 | €979,236 | €1,345,866 | +€366,630 | +37.4% |
| Equity | 10/15 | €664,054 | €445,616 | -€218,438 | -32.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €125,990 | €125,990 | = | 0.0% |
| Non-distributable reserves | 130/1 | €125,990 | €125,990 | = | 0.0% |
| Reserves not available under the articles | 1311 | €125,990 | €125,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | €533,064 | €314,626 | -€218,438 | -41.0% |
| Amounts payable | 17/49 | €315,182 | €900,250 | +€585,068 | +185.6% |
| Amounts payable within one year | 42/48 | €315,182 | €900,250 | +€585,068 | +185.6% |
| Trade debts | 44 | €167,745 | €188,027 | +€20,282 | +12.1% |
| Suppliers | 440/4 | €167,745 | €188,027 | +€20,282 | +12.1% |
| Taxes, remuneration and social security | 45 | €1,807 | €81,468 | +€79,661 | +4408.4% |
| Taxes | 450/3 | €1,807 | €81,468 | +€79,661 | +4408.4% |
| Other amounts payable | 47/48 | €145,630 | €630,755 | +€485,126 | +333.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €470 | €298 | -€172 | -36.6% |
| Other operating charges | 640/8 | €899 | €9,578 | +€8,680 | +965.9% |
| Gross operating margin | 9900 | €201,817 | €297,796 | +€95,980 | +47.6% |
| Operating profit (loss) | 9901 | €200,448 | €287,920 | +€87,472 | +43.6% |
| Financial income | 75/76B | €428,557 | €95,688 | -€332,868 | -77.7% |
| Recurring financial income | 75 | €428,557 | €95,688 | -€332,868 | -77.7% |
| Financial charges | 65/66B | €61,941 | €95,189 | +€33,248 | +53.7% |
| Recurring financial charges | 65 | €61,941 | €95,189 | +€33,248 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | €567,064 | €288,419 | -€278,645 | -49.1% |
| Income taxes | 67/77 | €34,062 | €46,858 | +€12,796 | +37.6% |
| Profit (loss) for the period | 9904 | €533,002 | €241,562 | -€291,440 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €533,002 | €241,562 | -€291,440 | -54.7% |
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 7 October 2026 via checked.be.