7c Solarparken: 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.
What changed
7c Solarparken
NACE 73.300, Public relations and communication consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€285,877
2024 · -€3.2m+€2.9m
Equity
€29.2m
2024 · €29.4m-€166,909
Cash
€1.6m
2024 · €960,547+€686,481
Balance sheet total
€61.9m
2024 · €64.0m-€2.1m
Largest movements
Assets
- Financial fixed assets -€2.3m
down €2.3m (-9.0%), from €25.2m to €23.0m
of which Affiliated companies: -€2.3m
- Tangible fixed assets -€784,445
down €784,445 (-4.5%), from €17.3m to €16.5m
of which Plant, machinery and equipment: -€918,096
- Cash +€686,481
up €686,481 (+71.5%), from €960,547 to €1.6m
mainly Investment in fixed assets (net) (+€2.0m) and Depreciation (+€1.0m)
- Receivables within one year +€661,402
up €661,402 (+58.0%), from €1.1m to €1.8m
of which Trade receivables: +€481,724
Equity and liabilities
- Debts after one year -€2.2m
down €2.2m (-6.4%), from €33.6m to €31.5m
of which Financial debts: -€2.2m
Income statement
- Financial charges -€1.8m
down €1.8m (-60.9%), from €2.9m to €1.1m
of which Non-recurring financial charges: -€1.8m
- Turnover +€776,996
up €776,996 (+41.9%), from €1.9m to €2.6m
- Depreciation +€170,283
up €170,283 (+19.6%), from €868,541 to €1.0m
- Write-downs -€130,703
down €130,703, from €109,465 to -€21,239
- Financial income +€111,625
up €111,625 (+12.0%), from €929,299 to €1.0m
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.
Result 2024
-€3.2m
Turnover
+€776,996
Other operating income
+€73,740
Goods and materials
+€61,843
Services and other goods
+€29,809
Staff costs
+€109,867
Depreciation
-€170,283
Write-downs
+€130,703
Other operating charges
-€21,245
Other operating items
+€25,500
Financial income
+€111,625
Financial charges
+€1.8m
Taxes
+€2,124
Deferred taxes and other
+€3,369
Result 2025
-€285,877
Cash bridge derived
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.
From operations
+€723,791
Investment
+€2.0m
Financing
-€2.0m
Cash 2024
€960,547
From operations (derived)
+€723,791
Net result for the year
-€285,877
Depreciation
+€1.0m
Receivables after one year
+€301,989
Stocks and contracts
+€93,002
Receivables within one year
-€661,402
Smaller working-capital items
+€2,271
Provisions
+€39,656
Trade debts
+€180,251
Tax, wage and social debts
+€15,076
Investment (derived)
+€2.0m
Investment in fixed assets (net)
+€2.0m
Current investments
-€75
Financing
-€2.0m
Debts after one year
-€2.2m
Contributions, distributions and other
+€118,968
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,985,993 | €61,889,722 | -€2.1m | -3.3% |
| Fixed assets | 21/28 | €42,520,291 | €39,471,296 | -€3.0m | -7.2% |
| Tangible fixed assets | 22/27 | €17,291,715 | €16,507,269 | -€784,445 | -4.5% |
| Land and buildings | 22 | €1,012,136 | €1,000,567 | -€11,569 | -1.1% |
| Plant, machinery and equipment | 23 | €16,170,807 | €15,252,710 | -€918,096 | -5.7% |
| Furniture and vehicles | 24 | €108,772 | €68,319 | -€40,453 | -37.2% |
| Assets under construction and advance payments | 27 | €0 | €185,674 | +€185,674 | |
| Financial fixed assets | 28 | €25,228,576 | €22,964,026 | -€2.3m | -9.0% |
| Affiliated companies | 280/1 | €25,206,509 | €22,956,509 | -€2.3m | -8.9% |
| Participating interests | 280 | €25,206,509 | €22,956,509 | -€2.3m | -8.9% |
| Other financial fixed assets | 284/8 | €22,068 | €7,518 | -€14,550 | -65.9% |
| Amounts receivable and cash guarantees | 285/8 | €22,068 | €7,518 | -€14,550 | -65.9% |
| Current assets | 29/58 | €21,465,702 | €22,418,426 | +€952,724 | +4.4% |
| Amounts receivable after more than one year | 29 | €18,682,207 | €18,380,218 | -€301,989 | -1.6% |
| Other amounts receivable | 291 | €18,682,207 | €18,380,218 | -€301,989 | -1.6% |
| Stocks and contracts in progress | 3 | €161,965 | €68,963 | -€93,002 | -57.4% |
| Stocks | 30/36 | €161,965 | €68,963 | -€93,002 | -57.4% |
| Goods purchased for resale | 34 | €161,965 | €68,963 | -€93,002 | -57.4% |
| Amounts receivable within one year | 40/41 | €1,140,448 | €1,801,849 | +€661,402 | +58.0% |
| Trade receivables | 40 | €273,129 | €754,853 | +€481,724 | +176.4% |
| Other amounts receivable | 41 | €867,319 | €1,046,997 | +€179,678 | +20.7% |
| Current investments | 50/53 | €6,255 | €6,330 | +€75 | +1.2% |
| Other investments | 51/53 | €6,255 | €6,330 | +€75 | +1.2% |
| Cash at bank and in hand | 54/58 | €960,547 | €1,647,027 | +€686,481 | +71.5% |
| Deferred charges and accrued income | 490/1 | €514,280 | €514,039 | -€242 | 0.0% |
| Total equity and liabilities | 10/49 | €63,985,993 | €61,889,722 | -€2.1m | -3.3% |
| Equity | 10/15 | €29,379,831 | €29,212,921 | -€166,909 | -0.6% |
| Contributions | 10/11 | €27,695,602 | €27,695,602 | = | 0.0% |
| Capital | 10 | €12,000,000 | €12,000,000 | = | 0.0% |
| Issued capital | 100 | €12,000,000 | €12,000,000 | = | 0.0% |
| Contributions outside capital | 11 | €15,695,602 | €15,695,602 | = | 0.0% |
| Share premium | 1100/10 | €15,695,602 | €15,695,602 | = | 0.0% |
| Reserves | 13 | €907,545 | €907,545 | = | 0.0% |
| Non-distributable reserves | 130/1 | €907,545 | €907,545 | = | 0.0% |
| Legal reserve | 130 | €907,545 | €907,545 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €587,025 | €301,149 | -€285,877 | -48.7% |
| Investment grants | 15 | €189,657 | €308,625 | +€118,968 | +62.7% |
| Provisions and deferred taxes | 16 | €63,220 | €102,876 | +€39,656 | +62.7% |
| Deferred taxes | 168 | €63,220 | €102,876 | +€39,656 | +62.7% |
| Amounts payable | 17/49 | €34,542,943 | €32,573,925 | -€2.0m | -5.7% |
| Amounts payable after more than one year | 17 | €33,633,026 | €31,466,652 | -€2.2m | -6.4% |
| Financial debts | 170/4 | €33,588,026 | €31,421,652 | -€2.2m | -6.4% |
| Credit institutions | 173 | €262,036 | €87,372 | -€174,664 | -66.7% |
| Other loans | 174 | €33,325,990 | €31,334,280 | -€2.0m | -6.0% |
| Trade debts | 175 | €45,000 | €45,000 | = | 0.0% |
| Suppliers | 1750 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €770,489 | €965,815 | +€195,327 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €174,664 | €174,664 | = | 0.0% |
| Trade debts | 44 | €571,603 | €751,854 | +€180,251 | +31.5% |
| Suppliers | 440/4 | €571,603 | €751,854 | +€180,251 | +31.5% |
| Taxes, remuneration and social security | 45 | €24,221 | €39,297 | +€15,076 | +62.2% |
| Taxes | 450/3 | €8,000 | €11,382 | +€3,382 | +42.3% |
| Remuneration and social security | 454/9 | €16,222 | €27,915 | +€11,694 | +72.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €139,428 | €141,457 | +€2,029 | +1.5% |
| Operating income | 70/76A | €1,918,093 | €2,794,329 | +€876,236 | +45.7% |
| Turnover | 70 | €1,854,641 | €2,631,637 | +€776,996 | +41.9% |
| Other operating income | 74 | €22,702 | €96,441 | +€73,740 | +324.8% |
| Non-recurring operating income | 76A | €40,750 | €66,250 | +€25,500 | +62.6% |
| Operating charges | 60/66A | €3,118,299 | €2,977,605 | -€140,694 | -4.5% |
| Goods for resale, raw materials and consumables | 60 | €311,470 | €249,626 | -€61,843 | -19.9% |
| Purchases | 600/8 | €343,318 | €156,624 | -€186,694 | -54.4% |
| Change in stocks: decrease (increase) | 609 | -€31,848 | €93,002 | +€124,850 | |
| Services and other goods | 61 | €1,493,449 | €1,463,640 | -€29,809 | -2.0% |
| Remuneration, social security and pensions | 62 | €311,793 | €201,926 | -€109,867 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €868,541 | €1,038,825 | +€170,283 | +19.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €109,465 | -€21,239 | -€130,703 | |
| Other operating charges | 640/8 | €23,582 | €44,826 | +€21,245 | +90.1% |
| Operating profit (loss) | 9901 | -€1,200,206 | -€183,277 | +€1.0m | +84.7% |
| Financial income | 75/76B | €929,299 | €1,040,924 | +€111,625 | +12.0% |
| Recurring financial income | 75 | €929,299 | €1,040,924 | +€111,625 | +12.0% |
| Income from financial fixed assets | 750 | €178,154 | €318,227 | +€140,073 | +78.6% |
| Income from current assets | 751 | €740,489 | €706,107 | -€34,383 | -4.6% |
| Other financial income | 752/9 | €10,655 | €16,591 | +€5,935 | +55.7% |
| Financial charges | 65/66B | €2,940,465 | €1,148,989 | -€1.8m | -60.9% |
| Recurring financial charges | 65 | €1,138,760 | €1,148,989 | +€10,229 | +0.9% |
| Debt charges | 650 | €1,135,333 | €1,144,286 | +€8,953 | +0.8% |
| Other financial charges | 652/9 | €3,427 | €4,702 | +€1,275 | +37.2% |
| Non-recurring financial charges | 66B | €1,801,705 | €0 | -€1.8m | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,211,372 | -€291,341 | +€2.9m | +90.9% |
| Transfer from deferred taxes | 780 | €2,132 | €5,501 | +€3,369 | +158.1% |
| Income taxes | 67/77 | €2,160 | €37 | -€2,124 | -98.3% |
| Taxes | 670/3 | €2,160 | €37 | -€2,124 | -98.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,211,400 | -€285,877 | +€2.9m | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,211,400 | -€285,877 | +€2.9m | +91.1% |
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 10 October 2026 via checked.be.