ASOLAR: 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.
ASOLAR
Largest movements
- Receivables within one year -€4,190
down €4,190 (-59.0%), from €7,101 to €2,910
- Cash +€2,726
up €2,726 (+63.9%), from €4,266 to €6,993
mainly Receivables within one year (+€4,190) and Net result for the year (+€1,614)
- Tangible fixed assets +€2,207
up €2,207 (+1244.8%), from €177 to €2,384
of which Plant, machinery and equipment: +€2,041
- Deferred charges and accrued income +€370
new in 2025: €370
- Profit (loss) carried forward +€1,614
up €1,614 (+14.0%), from -€11,508 to -€9,894
- Tax, wage and social debts -€484
down €484 (-8.8%), from €5,512 to €5,028
of which Remuneration and social security: -€1,200
- Trade debts -€169
down €169 (-40.8%), from €413 to €245
- Other debts +€151
up €151 (+1.4%), from €10,907 to €11,059
- Gross operating margin +€1,305
up €1,305 (+224.3%), from €582 to €1,887
- Depreciation -€897
down €897 (-80.2%), from €1,119 to €222
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 | €12,144 | €13,257 | +€1,113 | +9.2% |
| Fixed assets | 21/28 | €777 | €2,984 | +€2,207 | +283.9% |
| Tangible fixed assets | 22/27 | €177 | €2,384 | +€2,207 | +1244.8% |
| Plant, machinery and equipment | 23 | - | €2,041 | +€2,041 | |
| Furniture and vehicles | 24 | €177 | €343 | +€166 | +93.6% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €11,367 | €10,273 | -€1,094 | -9.6% |
| Amounts receivable within one year | 40/41 | €7,101 | €2,910 | -€4,190 | -59.0% |
| Trade receivables | 40 | €7,101 | €2,910 | -€4,190 | -59.0% |
| Cash at bank and in hand | 54/58 | €4,266 | €6,993 | +€2,726 | +63.9% |
| Deferred charges and accrued income | 490/1 | - | €370 | +€370 | |
| Total equity and liabilities | 10/49 | €12,144 | €13,257 | +€1,113 | +9.2% |
| Equity | 10/15 | -€4,688 | -€3,074 | +€1,614 | +34.4% |
| Contributions | 10/11 | €6,820 | €6,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,508 | -€9,894 | +€1,614 | +14.0% |
| Amounts payable | 17/49 | €16,833 | €16,331 | -€501 | -3.0% |
| Amounts payable within one year | 42/48 | €16,833 | €16,331 | -€501 | -3.0% |
| Trade debts | 44 | €413 | €245 | -€169 | -40.8% |
| Suppliers | 440/4 | €413 | €245 | -€169 | -40.8% |
| Taxes, remuneration and social security | 45 | €5,512 | €5,028 | -€484 | -8.8% |
| Taxes | 450/3 | €4,312 | €5,028 | +€716 | +16.6% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €10,907 | €11,059 | +€151 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,119 | €222 | -€897 | -80.2% |
| Gross operating margin | 9900 | €582 | €1,887 | +€1,305 | +224.3% |
| Operating profit (loss) | 9901 | -€537 | €1,665 | +€2,202 | |
| Financial income | 75/76B | €2 | €0 | -€1 | -86.8% |
| Recurring financial income | 75 | €2 | €0 | -€1 | -86.8% |
| Financial charges | 65/66B | €52 | €51 | -€0 | -0.6% |
| Recurring financial charges | 65 | €52 | €51 | -€0 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€587 | €1,614 | +€2,201 | |
| Profit (loss) for the period | 9904 | -€587 | €1,614 | +€2,201 | |
| Profit (loss) for the period to be appropriated | 9905 | -€587 | €1,614 | +€2,201 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.