Cd Concept Solar: 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.
Cd Concept Solar
Largest movements
- Tangible fixed assets +€506,073
up €506,073 (+222.8%), from €227,165 to €733,238
of which Land and buildings: +€531,256
- Cash -€153,646
down €153,646 (-65.2%), from €235,792 to €82,146
mainly Investment in fixed assets (net) (-€583,479) and Net result for the year (-€43,503)
- Stocks and contracts -€23,199
down €23,199 (-23.0%), from €100,905 to €77,706
- Debts after one year +€312,584
up €312,584 (+514.3%), from €60,773 to €373,357
- Profit (loss) carried forward -€43,503
down €43,503 (-25.0%), from €173,748 to €130,246
- Tax, wage and social debts +€21,999
up €21,999 (+913.6%), from €2,408 to €24,407
of which Remuneration and social security: +€19,246
- Trade debts +€21,010
up €21,010 (+188.1%), from €11,172 to €32,182
- Current portion of long-term debt +€20,711
up €20,711 (+53.5%), from €38,703 to €59,414
- Gross operating margin +€96,099
up €96,099 (+586.6%), from €16,383 to €112,482
- Other operating charges +€50,920
up €50,920 (+1015.8%), from €5,013 to €55,932
- Financial charges -€25,846
down €25,846 (-52.4%), from €49,293 to €23,446
of which Financial charges: -€25,346
- Depreciation +€7,429
up €7,429 (+10.6%), from €69,976 to €77,405
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 | €634,975 | €965,375 | +€330,400 | +52.0% |
| Fixed assets | 21/28 | €227,165 | €733,238 | +€506,073 | +222.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €227,165 | €733,238 | +€506,073 | +222.8% |
| Land and buildings | 22 | €151,527 | €682,784 | +€531,256 | +350.6% |
| Plant, machinery and equipment | 23 | €8,861 | €6,925 | -€1,936 | -21.8% |
| Furniture and vehicles | 24 | €66,776 | €43,530 | -€23,247 | -34.8% |
| Current assets | 29/58 | €407,810 | €232,137 | -€175,673 | -43.1% |
| Stocks and contracts in progress | 3 | €100,905 | €77,706 | -€23,199 | -23.0% |
| Stocks | 30/36 | €100,905 | €77,706 | -€23,199 | -23.0% |
| Amounts receivable within one year | 40/41 | €67,473 | €69,071 | +€1,598 | +2.4% |
| Trade receivables | 40 | €54,518 | €52,222 | -€2,296 | -4.2% |
| Other amounts receivable | 41 | €12,955 | €16,849 | +€3,894 | +30.1% |
| Cash at bank and in hand | 54/58 | €235,792 | €82,146 | -€153,646 | -65.2% |
| Deferred charges and accrued income | 490/1 | €3,640 | €3,213 | -€427 | -11.7% |
| Total equity and liabilities | 10/49 | €634,975 | €965,375 | +€330,400 | +52.0% |
| Equity | 10/15 | €436,308 | €392,806 | -€43,503 | -10.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €250,160 | €250,160 | = | 0.0% |
| Distributable reserves | 133 | €250,160 | €250,160 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,748 | €130,246 | -€43,503 | -25.0% |
| Investment grants | 15 | €0 | €0 | = | |
| Amounts payable | 17/49 | €198,667 | €572,569 | +€373,903 | +188.2% |
| Amounts payable after more than one year | 17 | €60,773 | €373,357 | +€312,584 | +514.3% |
| Financial debts | 170/4 | €60,773 | €373,357 | +€312,584 | +514.3% |
| Amounts payable within one year | 42/48 | €137,494 | €198,578 | +€61,084 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €38,703 | €59,414 | +€20,711 | +53.5% |
| Trade debts | 44 | €11,172 | €32,182 | +€21,010 | +188.1% |
| Suppliers | 440/4 | €11,172 | €32,182 | +€21,010 | +188.1% |
| Taxes, remuneration and social security | 45 | €2,408 | €24,407 | +€21,999 | +913.6% |
| Taxes | 450/3 | €2,408 | €5,161 | +€2,753 | +114.3% |
| Remuneration and social security | 454/9 | €0 | €19,246 | +€19,246 | |
| Other amounts payable | 47/48 | €85,211 | €82,574 | -€2,637 | -3.1% |
| Accrued charges and deferred income | 492/3 | €399 | €634 | +€235 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,976 | €77,405 | +€7,429 | +10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €151 | - | -€151 | |
| Other operating charges | 640/8 | €5,013 | €55,932 | +€50,920 | +1015.8% |
| Gross operating margin | 9900 | €16,383 | €112,482 | +€96,099 | +586.6% |
| Operating profit (loss) | 9901 | -€58,757 | -€20,855 | +€37,901 | +64.5% |
| Financial income | 75/76B | €1,822 | €1,152 | -€669 | -36.7% |
| Recurring financial income | 75 | €1,822 | €1,152 | -€669 | -36.7% |
| Financial charges | 65/66B | €49,293 | €23,446 | -€25,846 | -52.4% |
| Recurring financial charges | 65 | €48,793 | €23,446 | -€25,346 | -51.9% |
| Non-recurring financial charges | 66B | €500 | - | -€500 | |
| Profit (loss) for the period before taxes | 9903 | -€106,228 | -€43,150 | +€63,078 | +59.4% |
| Income taxes | 67/77 | €349 | €353 | +€4 | +1.1% |
| Profit (loss) for the period | 9904 | -€106,577 | -€43,503 | +€63,074 | +59.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€106,577 | -€43,503 | +€63,074 | +59.2% |
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 11 October 2026 via checked.be.