SOLAR4C
InactiveFinancials · financial year 2025, micro format
2025 annual accounts filed 9 days after the deadline Filed on 9 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00035423.
Annual accounts 2025 filed on 09-02-2026 PDF all 2 filings
Equity
€29,328▼ 11.3%
2024 · €33,046
Total assets
€36,367▼ 17.8%
2024 · €44,230
Net result
-€3,718▲ 78.1%
2024 · -€16,954
Working capital
€29,328▼ 11.3%
2024 · €33,046
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
-€3,674
▲ 78.2%
2025
20242025
Net result
-€3,718
▲ 78.1%
2025
20242025
Equity
€29,328
▼ 11.3%
2025
20242025
Total assets
€36,367
▼ 17.8%
2025
20242025
Debt
€7,039
▼ 37.1%
2025
20242025
Working capital
€29,328
▼ 11.3%
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€16,888--€3,674▲ 78.2%
Net result-€16,954--€3,718▲ 78.1%
Equity€33,046-€29,328▼ 11.3%
Total assets€44,230-€36,367▼ 17.8%
Debt€11,184-€7,039▼ 37.1%
Working capital€33,046-€29,328▼ 11.3%
The operating result for 2025 is a loss of €3,674, smaller than the loss of €16,888 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €36,367
Equity
€29,328 ▼ 11.3%
Debt
€7,039 ▼ 37.1%
Debt's share of the balance-sheet total falls from 25.3% to 19.4%. Equity and debt are lower.
Key figures and ratios
Current ratio
5.17▲
2024 · 3.95
Debt to equity
0.24▼
2024 · 0.34
ROE
-12.7%▲
2024 · -51.3%
ROA
-10.2%▲
2024 · -38.3%
Debt ≤ 1 year
€7,039▼
2024 · €11,184
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Subsidies and aid
Flemish government
2023 to 2025 · 4 entries · €50,000 awarded · €35,714 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €0 |
| 2024 | 1 | €0 | €10,714 |
| 2023 | 1 | €50,000 | €25,000 |
Schemes
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €384 | €633 | ▲ 64.7% |
| Gross operating margin9900 | -€16,503 | -€3,040 | ▲ 81.6% |
| Operating profit (loss)9901 | -€16,888 | -€3,674 | ▲ 78.2% |
| Financial income75/76B | €21 | - | - |
| Recurring financial income75 | €21 | - | - |
| Financial charges65/66B | €87 | €45 | ▼ 48.9% |
| Recurring financial charges65 | €87 | €45 | ▼ 48.9% |
| Profit (loss) for the period before taxes9903 | -€16,954 | -€3,718 | ▲ 78.1% |
| Profit (loss) for the period9904 | -€16,954 | -€3,718 | ▲ 78.1% |
| Profit (loss) for the period to be appropriated9905 | -€16,954 | -€3,718 | ▲ 78.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €44,230 | €36,367 | ▼ 17.8% |
| Current assets29/58 | €44,230 | €36,367 | ▼ 17.8% |
| Amounts receivable within one year40/41 | €13,061 | €4,982 | ▼ 61.9% |
| Trade receivables40 | - | €2,638 | - |
| Other amounts receivable41 | €13,061 | €2,343 | ▼ 82.1% |
| Cash at bank and in hand54/58 | €31,169 | €31,385 | ▲ 0.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €44,230 | €36,367 | ▼ 17.8% |
| Equity10/15 | €33,046 | €29,328 | ▼ 11.3% |
| Contributions10/11 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€16,954 | -€20,672 | ▼ 21.9% |
| Amounts payable17/49 | €11,184 | €7,039 | ▼ 37.1% |
| Amounts payable within one year42/48 | €11,184 | €7,039 | ▼ 37.1% |
| Trade debts44 | €5,694 | €6,477 | ▲ 13.7% |
| Suppliers440/4 | €5,694 | €6,477 | ▲ 13.7% |
| Taxes, remuneration and social security45 | €5,490 | €562 | ▼ 89.8% |
| Taxes450/3 | €4,928 | - | - |
| Remuneration and social security454/9 | €562 | €562 | = |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€16,954 | -€3,718 | ▲ 78.1% |
| Operating cash flow (approximation) | -€16,954 | -€3,718 | ▲ 78.1% |
| Change in cash | - | €217 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.