SOLYZE: 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.
SOLYZE
Largest movements
- Cash +€40,653
up €40,653 (+302%), from €13,478 to €54,131
mainly Net result for the year (+€29,144) and Depreciation (+€24,085)
- Tangible fixed assets -€17,301
down €17,301 (-17.4%), from €99,695 to €82,394
of which Plant, machinery and equipment: -€20,285
- Stocks and contracts +€12,862
up €12,862 (+6.9%), from €185,586 to €198,448
- Receivables within one year -€6,825
down €6,825 (-44.6%), from €15,320 to €8,495
of which Other amounts receivable: -€8,723
- Debts after one year -€31,885
down €31,885 (-41.4%), from €76,979 to €45,094
- Profit (loss) carried forward +€29,144
up €29,144 (+10.5%), from -€278,123 to -€248,979
- Short-term financial debts +€22,323
up €22,323 (+69.4%), from €32,183 to €54,506
- Other debts +€9,500
up €9,500 (+17.6%), from €54,000 to €63,500
- Trade debts -€7,072
down €7,072 (-2.4%), from €290,333 to €283,261
- Turnover +€2.7m
new in 2025: €2.7m
- Purchases and services +€2.5m
new in 2025: €2.5m
- Depreciation -€36,761
down €36,761 (-60.4%), from €60,846 to €24,085
- Gross operating margin +€33,439
up €33,439 (+11.0%), from €305,082 to €338,521
- Staff costs +€29,104
up €29,104 (+12.4%), from €234,995 to €264,099
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.
Derived cash bridge
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 | €322,308 | €350,142 | +€27,834 | +8.6% |
| Formation expenses | 20 | €5,907 | €4,663 | -€1,244 | -21.1% |
| Fixed assets | 21/28 | €101,195 | €83,894 | -€17,301 | -17.1% |
| Tangible fixed assets | 22/27 | €99,695 | €82,394 | -€17,301 | -17.4% |
| Plant, machinery and equipment | 23 | €88,400 | €68,115 | -€20,285 | -22.9% |
| Furniture and vehicles | 24 | €9,895 | €12,879 | +€2,984 | +30.2% |
| Leasing and similar rights | 25 | €1,400 | €1,400 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €215,206 | €261,584 | +€46,378 | +21.6% |
| Stocks and contracts in progress | 3 | €185,586 | €198,448 | +€12,862 | +6.9% |
| Stocks | 30/36 | €185,586 | €198,448 | +€12,862 | +6.9% |
| Amounts receivable within one year | 40/41 | €15,320 | €8,495 | -€6,825 | -44.6% |
| Trade receivables | 40 | €6,597 | €8,494 | +€1,897 | +28.8% |
| Other amounts receivable | 41 | €8,723 | €0 | -€8,723 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,478 | €54,131 | +€40,653 | +302% |
| Deferred charges and accrued income | 490/1 | €822 | €510 | -€312 | -38.0% |
| Total equity and liabilities | 10/49 | €322,308 | €350,142 | +€27,834 | +8.6% |
| Equity | 10/15 | -€219,321 | -€190,177 | +€29,144 | +13.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Other | 1109/19 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €8,802 | €8,802 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €460 | €460 | -€0 | -0.1% |
| Reserves not available under the articles | 1311 | €460 | €460 | -€0 | -0.1% |
| Distributable reserves | 133 | €8,342 | €8,342 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€278,123 | -€248,979 | +€29,144 | +10.5% |
| Amounts payable | 17/49 | €541,629 | €540,319 | -€1,310 | -0.2% |
| Amounts payable after more than one year | 17 | €76,979 | €45,094 | -€31,885 | -41.4% |
| Financial debts | 170/4 | €76,979 | €45,094 | -€31,885 | -41.4% |
| Amounts payable within one year | 42/48 | €449,203 | €478,264 | +€29,061 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €33,262 | €31,852 | -€1,410 | -4.2% |
| Financial debts | 43 | €32,183 | €54,506 | +€22,323 | +69.4% |
| Credit institutions | 430/8 | €32,183 | €54,506 | +€22,323 | +69.4% |
| Trade debts | 44 | €290,333 | €283,261 | -€7,072 | -2.4% |
| Suppliers | 440/4 | €290,333 | €283,261 | -€7,072 | -2.4% |
| Taxes, remuneration and social security | 45 | €39,425 | €45,146 | +€5,721 | +14.5% |
| Taxes | 450/3 | €122 | €3,852 | +€3,730 | +3,057% |
| Remuneration and social security | 454/9 | €39,303 | €41,294 | +€1,991 | +5.1% |
| Other amounts payable | 47/48 | €54,000 | €63,500 | +€9,500 | +17.6% |
| Accrued charges and deferred income | 492/3 | €15,447 | €16,961 | +€1,514 | +9.8% |
| Turnover | 70 | - | €2,728,997 | +€2.7m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,450,298 | +€2.5m | |
| Remuneration, social security and pensions | 62 | €234,995 | €264,099 | +€29,104 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,846 | €24,085 | -€36,761 | -60.4% |
| Other operating charges | 640/8 | €1,228 | €1,171 | -€57 | -4.7% |
| Gross operating margin | 9900 | €305,082 | €338,521 | +€33,439 | +11.0% |
| Operating profit (loss) | 9901 | €8,013 | €49,166 | +€41,153 | +514% |
| Financial income | 75/76B | €35 | €48 | +€13 | +36.3% |
| Recurring financial income | 75 | €35 | €48 | +€13 | +36.3% |
| Financial charges | 65/66B | €19,620 | €20,070 | +€450 | +2.3% |
| Recurring financial charges | 65 | €19,620 | €20,070 | +€450 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,572 | €29,144 | +€40,716 | |
| Profit (loss) for the period | 9904 | -€11,572 | €29,144 | +€40,716 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,572 | €29,144 | +€40,716 |
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 16 October 2026 via checked.be.