SOLAGA: what changed
SOLAGA
Largest movements
- Receivables within one year -€2,563
down €2,563 (-57.5%), from €4,457 to €1,894
of which Trade receivables: -€2,684
- Cash +€134
new in 2025: €134
mainly Other debts (+€3,616) and Receivables within one year (+€2,563)
- Profit (loss) carried forward -€6,108
down €6,108 (-3.0%), from -€202,332 to -€208,440
- Other debts +€3,616
up €3,616 (+1.9%), from €187,166 to €190,782
- Short-term financial debts -€240
no longer reported in 2025 (was €240)
- Trade debts +€221
up €221 (+9.2%), from €2,408 to €2,629
- Tax, wage and social debts +€82
up €82 (+25.8%), from €318 to €400
of which Remuneration and social security: +€400
- Gross operating margin -€9,177
down €9,177, from €3,799 to -€5,378
- Financial charges +€295
up €295 (+614%), from €48 to €344
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 | €6,400 | €3,971 | -€2,429 | -38.0% |
| Current assets | 29/58 | €6,400 | €3,971 | -€2,429 | -38.0% |
| Stocks and contracts in progress | 3 | €1,943 | €1,943 | = | 0.0% |
| Stocks | 30/36 | €1,943 | €1,943 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,457 | €1,894 | -€2,563 | -57.5% |
| Trade receivables | 40 | €3,834 | €1,150 | -€2,684 | -70.0% |
| Other amounts receivable | 41 | €623 | €744 | +€121 | +19.4% |
| Cash at bank and in hand | 54/58 | - | €134 | +€134 | |
| Total equity and liabilities | 10/49 | €6,400 | €3,971 | -€2,429 | -38.0% |
| Equity | 10/15 | -€183,732 | -€189,840 | -€6,108 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,332 | -€208,440 | -€6,108 | -3.0% |
| Amounts payable | 17/49 | €190,131 | €193,811 | +€3,679 | +1.9% |
| Amounts payable within one year | 42/48 | €190,131 | €193,811 | +€3,679 | +1.9% |
| Financial debts | 43 | €240 | - | -€240 | |
| Credit institutions | 430/8 | €240 | - | -€240 | |
| Trade debts | 44 | €2,408 | €2,629 | +€221 | +9.2% |
| Suppliers | 440/4 | €2,408 | €2,629 | +€221 | +9.2% |
| Taxes, remuneration and social security | 45 | €318 | €400 | +€82 | +25.8% |
| Taxes | 450/3 | €318 | - | -€318 | |
| Remuneration and social security | 454/9 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €187,166 | €190,782 | +€3,616 | +1.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €3,799 | -€5,378 | -€9,177 | |
| Operating profit (loss) | 9901 | €3,415 | -€5,765 | -€9,179 | |
| Financial charges | 65/66B | €48 | €344 | +€295 | +614% |
| Recurring financial charges | 65 | €48 | €344 | +€295 | +614% |
| Profit (loss) for the period before taxes | 9903 | €3,366 | -€6,108 | -€9,475 | |
| Profit (loss) for the period | 9904 | €3,366 | -€6,108 | -€9,475 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,366 | -€6,108 | -€9,475 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.