VAE SOLIS EUROPE: 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.
VAE SOLIS EUROPE
Largest movements
- Receivables within one year -€4,911
down €4,911 (-96.8%), from €5,075 to €164
- Cash +€2,037
up €2,037 (+1.2%), from €166,158 to €168,195
mainly Receivables within one year (+€4,911) and Trade debts (+€145)
- Reserves -€3,020
down €3,020 (-1.9%), from €156,210 to €153,190
- Gross operating margin +€9,370
up €9,370 (+81.0%), from -€11,566 to -€2,197
- Other operating charges +€415
up €415 (+506%), from €82 to €497
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 | €171,233 | €168,359 | -€2,874 | -1.7% |
| Current assets | 29/58 | €171,233 | €168,359 | -€2,874 | -1.7% |
| Amounts receivable within one year | 40/41 | €5,075 | €164 | -€4,911 | -96.8% |
| Other amounts receivable | 41 | €5,075 | €164 | -€4,911 | -96.8% |
| Cash at bank and in hand | 54/58 | €166,158 | €168,195 | +€2,037 | +1.2% |
| Total equity and liabilities | 10/49 | €171,233 | €168,359 | -€2,874 | -1.7% |
| Equity | 10/15 | €171,210 | €168,190 | -€3,020 | -1.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €156,210 | €153,190 | -€3,020 | -1.9% |
| Distributable reserves | 133 | €156,210 | €153,190 | -€3,020 | -1.9% |
| Amounts payable | 17/49 | €23 | €169 | +€145 | +623% |
| Amounts payable within one year | 42/48 | - | €145 | +€145 | |
| Trade debts | 44 | - | €145 | +€145 | |
| Suppliers | 440/4 | - | €145 | +€145 | |
| Accrued charges and deferred income | 492/3 | €23 | €23 | = | 0.0% |
| Other operating charges | 640/8 | €82 | €497 | +€415 | +506% |
| Gross operating margin | 9900 | -€11,566 | -€2,197 | +€9,370 | +81.0% |
| Operating profit (loss) | 9901 | -€11,648 | -€2,694 | +€8,955 | +76.9% |
| Financial charges | 65/66B | €308 | €326 | +€18 | +5.7% |
| Recurring financial charges | 65 | €308 | €326 | +€18 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,957 | -€3,020 | +€8,937 | +74.7% |
| Income taxes | 67/77 | €66 | - | -€66 | |
| Profit (loss) for the period | 9904 | -€12,022 | -€3,020 | +€9,003 | +74.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,022 | -€3,020 | +€9,003 | +74.9% |
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 18 October 2026 via checked.be.