't SOLFT: 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.
't SOLFT
Largest movements
- Receivables within one year +€46,530
up €46,530 (+109%), from €42,551 to €89,081
of which Other amounts receivable: +€46,320
- Tangible fixed assets -€11,397
down €11,397 (-5.2%), from €217,478 to €206,081
of which Land and buildings: -€11,397
- Reserves +€51,774
up €51,774 (+63.0%), from €82,177 to €133,951
of which Distributable reserves: +€51,774
- Current portion of long-term debt -€18,500
no longer reported in 2025 (was €18,500)
- Tax, wage and social debts +€5,330
up €5,330 (+104%), from €5,133 to €10,463
of which Taxes: +€5,288
- Gross operating margin +€11,186
up €11,186 (+13.0%), from €86,190 to €97,376
- Taxes +€4,892
up €4,892 (+24.3%), from €20,133 to €25,025
- Staff costs -€3,368
down €3,368 (-64.0%), from €5,265 to €1,897
- Financial charges -€984
down €984 (-15.1%), from €6,528 to €5,545
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 | €308,700 | €346,072 | +€37,372 | +12.1% |
| Fixed assets | 21/28 | €217,478 | €206,081 | -€11,397 | -5.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €217,478 | €206,081 | -€11,397 | -5.2% |
| Land and buildings | 22 | €217,478 | €206,081 | -€11,397 | -5.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €91,222 | €139,990 | +€48,768 | +53.5% |
| Stocks and contracts in progress | 3 | €3,958 | €3,958 | = | 0.0% |
| Stocks | 30/36 | €3,958 | €3,958 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,551 | €89,081 | +€46,530 | +109% |
| Trade receivables | 40 | €180 | €390 | +€210 | +117% |
| Other amounts receivable | 41 | €42,371 | €88,691 | +€46,320 | +109% |
| Cash at bank and in hand | 54/58 | €44,713 | €46,951 | +€2,238 | +5.0% |
| Total equity and liabilities | 10/49 | €308,700 | €346,072 | +€37,372 | +12.1% |
| Equity | 10/15 | €106,738 | €158,512 | +€51,774 | +48.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,177 | €133,951 | +€51,774 | +63.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,317 | €132,091 | +€51,774 | +64.5% |
| Profit (loss) carried forward | 14 | €5,961 | €5,961 | = | 0.0% |
| Amounts payable | 17/49 | €201,962 | €187,560 | -€14,402 | -7.1% |
| Amounts payable after more than one year | 17 | €164,738 | €164,738 | = | 0.0% |
| Financial debts | 170/4 | €164,738 | €164,738 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,224 | €22,822 | -€14,402 | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €18,500 | - | -€18,500 | |
| Trade debts | 44 | €11,237 | €10,005 | -€1,232 | -11.0% |
| Suppliers | 440/4 | €11,237 | €10,005 | -€1,232 | -11.0% |
| Taxes, remuneration and social security | 45 | €5,133 | €10,463 | +€5,330 | +104% |
| Taxes | 450/3 | €5,133 | €10,421 | +€5,288 | +103% |
| Remuneration and social security | 454/9 | - | €42 | +€42 | |
| Other amounts payable | 47/48 | €2,354 | €2,354 | +€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €5,265 | €1,897 | -€3,368 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,709 | €11,397 | -€313 | -2.7% |
| Other operating charges | 640/8 | €1,472 | €2,044 | +€572 | +38.9% |
| Gross operating margin | 9900 | €86,190 | €97,376 | +€11,186 | +13.0% |
| Operating profit (loss) | 9901 | €67,744 | €82,039 | +€14,295 | +21.1% |
| Financial income | 75/76B | €26 | €305 | +€278 | +1,061% |
| Recurring financial income | 75 | €26 | €305 | +€278 | +1,061% |
| Financial charges | 65/66B | €6,528 | €5,545 | -€984 | -15.1% |
| Recurring financial charges | 65 | €6,528 | €5,545 | -€984 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €61,242 | €76,798 | +€15,557 | +25.4% |
| Income taxes | 67/77 | €20,133 | €25,025 | +€4,892 | +24.3% |
| Profit (loss) for the period | 9904 | €41,109 | €51,774 | +€10,665 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,109 | €51,774 | +€10,665 | +25.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.