Solero: what changed
Solero
Largest movements
- Cash +€32,617
up €32,617 (+68.5%), from €47,621 to €80,239
mainly Other debts (+€33,716) and Receivables within one year (+€23,706)
- Receivables within one year -€23,706
down €23,706 (-75.7%), from €31,309 to €7,603
of which Trade receivables: -€24,029
- Deferred charges and accrued income -€4,632
no longer reported in 2025 (was €4,632)
- Tangible fixed assets -€1,194
no longer reported in 2025 (was €1,194)
- Financial fixed assets -€1,000
no longer reported in 2025 (was €1,000)
- Other debts +€33,716
up €33,716 (+19.1%), from €176,172 to €209,888
- Trade debts -€22,747
down €22,747 (-91.7%), from €24,793 to €2,046
- Tax, wage and social debts -€4,640
no longer reported in 2025 (was €4,640)
of which Remuneration and social security: -€3,964
- Profit (loss) carried forward -€4,244
down €4,244 (-3.0%), from -€140,309 to -€144,553
- Gross operating margin -€110,850
down €110,850, from €108,484 to -€2,366
- Staff costs -€64,657
down €64,657 (-100.0%), from €64,657 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,756 | €87,841 | +€2,086 | +2.4% |
| Fixed assets | 21/28 | €2,194 | - | -€2,194 | |
| Tangible fixed assets | 22/27 | €1,194 | - | -€1,194 | |
| Plant, machinery and equipment | 23 | €1,194 | - | -€1,194 | |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €83,562 | €87,841 | +€4,279 | +5.1% |
| Amounts receivable within one year | 40/41 | €31,309 | €7,603 | -€23,706 | -75.7% |
| Trade receivables | 40 | €24,029 | - | -€24,029 | |
| Other amounts receivable | 41 | €7,280 | €7,603 | +€323 | +4.4% |
| Cash at bank and in hand | 54/58 | €47,621 | €80,239 | +€32,617 | +68.5% |
| Deferred charges and accrued income | 490/1 | €4,632 | - | -€4,632 | |
| Total equity and liabilities | 10/49 | €85,756 | €87,841 | +€2,086 | +2.4% |
| Equity | 10/15 | -€119,849 | -€124,093 | -€4,244 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,309 | -€144,553 | -€4,244 | -3.0% |
| Amounts payable | 17/49 | €205,604 | €211,934 | +€6,329 | +3.1% |
| Amounts payable within one year | 42/48 | €205,604 | €211,934 | +€6,329 | +3.1% |
| Trade debts | 44 | €24,793 | €2,046 | -€22,747 | -91.7% |
| Suppliers | 440/4 | €24,793 | €2,046 | -€22,747 | -91.7% |
| Taxes, remuneration and social security | 45 | €4,640 | - | -€4,640 | |
| Taxes | 450/3 | €675 | - | -€675 | |
| Remuneration and social security | 454/9 | €3,964 | - | -€3,964 | |
| Other amounts payable | 47/48 | €176,172 | €209,888 | +€33,716 | +19.1% |
| Non-recurring operating income | 76A | €37,597 | - | -€37,597 | |
| Remuneration, social security and pensions | 62 | €64,657 | €0 | -€64,657 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298 | - | -€298 | |
| Other operating charges | 640/8 | €830 | €640 | -€191 | -23.0% |
| Non-recurring operating charges | 66A | - | €1,194 | +€1,194 | |
| Gross operating margin | 9900 | €108,484 | -€2,366 | -€110,850 | |
| Operating profit (loss) | 9901 | €42,699 | -€4,199 | -€46,898 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €431 | €45 | -€387 | -89.7% |
| Recurring financial charges | 65 | €431 | €45 | -€387 | -89.7% |
| Profit (loss) for the period before taxes | 9903 | €42,268 | -€4,244 | -€46,511 | |
| Profit (loss) for the period | 9904 | €42,268 | -€4,244 | -€46,511 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,268 | -€4,244 | -€46,511 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.