ALL SOLAR: what changed
Two fiscal 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.
ALL SOLAR
Largest movements
- Stocks and contracts +€144,991
up €144,991 (+186.0%), from €77,957 to €222,948
- Cash -€129,665
down €129,665 (-72.0%), from €179,972 to €50,307
mainly Trade debts (-€170,733) and Stocks and contracts (-€144,991)
- Receivables within one year -€112,095
down €112,095 (-20.0%), from €559,155 to €447,061
of which Trade receivables: -€91,183
- Trade debts -€170,733
down €170,733 (-52.1%), from €327,679 to €156,947
- Other debts +€71,356
up €71,356 (+135.5%), from €52,671 to €124,027
- Accrued charges and deferred income +€9,570
new in 2025: €9,570
- Gross operating margin +€11,945
up €11,945 (+86.4%), from €13,831 to €25,776
- Staff costs +€8,374
new in 2025: €8,374
- Financial charges -€3,980
down €3,980 (-39.6%), from €10,057 to €6,077
- Financial income -€3,655
down €3,655 (-100.0%), from €3,655 to €0
- Other operating charges -€3,032
down €3,032 (-62.9%), from €4,819 to €1,787
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €843,305 | €746,855 | -€96,449 | -11.4% |
| Fixed assets | 21/28 | €22,153 | €17,433 | -€4,720 | -21.3% |
| Tangible fixed assets | 22/27 | €22,153 | €17,433 | -€4,720 | -21.3% |
| Plant, machinery and equipment | 23 | €6,213 | €6,361 | +€147 | +2.4% |
| Furniture and vehicles | 24 | €15,940 | €11,073 | -€4,867 | -30.5% |
| Current assets | 29/58 | €821,151 | €729,422 | -€91,730 | -11.2% |
| Stocks and contracts in progress | 3 | €77,957 | €222,948 | +€144,991 | +186.0% |
| Stocks | 30/36 | €77,957 | €222,948 | +€144,991 | +186.0% |
| Amounts receivable within one year | 40/41 | €559,155 | €447,061 | -€112,095 | -20.0% |
| Trade receivables | 40 | €520,627 | €429,444 | -€91,183 | -17.5% |
| Other amounts receivable | 41 | €38,529 | €17,617 | -€20,911 | -54.3% |
| Cash at bank and in hand | 54/58 | €179,972 | €50,307 | -€129,665 | -72.0% |
| Deferred charges and accrued income | 490/1 | €4,067 | €9,107 | +€5,039 | +123.9% |
| Total equity and liabilities | 10/49 | €843,305 | €746,855 | -€96,449 | -11.4% |
| Equity | 10/15 | €329,219 | €330,508 | +€1,290 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €305,840 | €307,129 | +€1,290 | +0.4% |
| Distributable reserves | 133 | €305,840 | €307,129 | +€1,290 | +0.4% |
| Profit (loss) carried forward | 14 | €4,779 | €4,779 | = | 0.0% |
| Amounts payable | 17/49 | €514,086 | €416,347 | -€97,739 | -19.0% |
| Amounts payable within one year | 42/48 | €514,086 | €406,777 | -€107,309 | -20.9% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €327,679 | €156,947 | -€170,733 | -52.1% |
| Suppliers | 440/4 | €327,679 | €156,947 | -€170,733 | -52.1% |
| Advances received on contracts in progress | 46 | €7,191 | - | -€7,191 | |
| Taxes, remuneration and social security | 45 | €1,545 | €804 | -€741 | -47.9% |
| Taxes | 450/3 | €1,545 | €804 | -€741 | -47.9% |
| Other amounts payable | 47/48 | €52,671 | €124,027 | +€71,356 | +135.5% |
| Accrued charges and deferred income | 492/3 | - | €9,570 | +€9,570 | |
| Remuneration, social security and pensions | 62 | - | €8,374 | +€8,374 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,047 | €7,457 | +€2,409 | +47.7% |
| Other operating charges | 640/8 | €4,819 | €1,787 | -€3,032 | -62.9% |
| Gross operating margin | 9900 | €13,831 | €25,776 | +€11,945 | +86.4% |
| Operating profit (loss) | 9901 | €3,965 | €8,158 | +€4,193 | +105.8% |
| Financial income | 75/76B | €3,655 | €0 | -€3,655 | -100.0% |
| Recurring financial income | 75 | €3,655 | €0 | -€3,655 | -100.0% |
| Financial charges | 65/66B | €10,057 | €6,077 | -€3,980 | -39.6% |
| Recurring financial charges | 65 | €10,057 | €6,077 | -€3,980 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,437 | €2,081 | +€4,518 | |
| Income taxes | 67/77 | €1,632 | €791 | -€840 | -51.5% |
| Profit (loss) for the period | 9904 | -€4,069 | €1,290 | +€5,358 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,069 | €1,290 | +€5,358 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.