El Sol: 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.
El Sol
Largest movements
- Deferred charges and accrued income +€698
new in 2025: €698
- Cash +€691
up €691 (+67.3%), from €1,026 to €1,717
mainly Other debts (+€3,944) and Depreciation (+€1,580)
- Tangible fixed assets -€461
down €461 (-8.7%), from €5,275 to €4,814
of which Other tangible fixed assets: -€745
- Stocks and contracts +€82
new in 2025: €82
- Other debts +€3,944
up €3,944 (+110%), from €3,577 to €7,521
- Profit (loss) carried forward -€1,830
down €1,830 (-41.6%), from -€4,403 to -€6,233
- Trade debts -€1,653
down €1,653 (-84.7%), from €1,952 to €299
- Tax, wage and social debts +€543
up €543 (+299%), from €181 to €724
- Gross operating margin +€4,685
up €4,685, from -€2,205 to €2,480
- Other operating charges +€1,965
up €1,965 (+304%), from €645 to €2,610
- Depreciation +€76
up €76 (+5.0%), from €1,504 to €1,580
- Financial charges +€72
up €72 (+148%), from €48 to €120
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.
Derived cash bridge
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 | €6,307 | €7,311 | +€1,004 | +15.9% |
| Fixed assets | 21/28 | €5,275 | €4,814 | -€461 | -8.7% |
| Tangible fixed assets | 22/27 | €5,275 | €4,814 | -€461 | -8.7% |
| Plant, machinery and equipment | 23 | €1,128 | €838 | -€290 | -25.7% |
| Furniture and vehicles | 24 | €1,249 | €1,823 | +€574 | +46.0% |
| Other tangible fixed assets | 26 | €2,898 | €2,153 | -€745 | -25.7% |
| Current assets | 29/58 | €1,031 | €2,497 | +€1,466 | +142% |
| Stocks and contracts in progress | 3 | - | €82 | +€82 | |
| Stocks | 30/36 | - | €82 | +€82 | |
| Amounts receivable within one year | 40/41 | €5 | - | -€5 | |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €1,026 | €1,717 | +€691 | +67.3% |
| Deferred charges and accrued income | 490/1 | - | €698 | +€698 | |
| Total equity and liabilities | 10/49 | €6,307 | €7,311 | +€1,004 | +15.9% |
| Equity | 10/15 | €597 | -€1,233 | -€1,830 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,403 | -€6,233 | -€1,830 | -41.6% |
| Amounts payable | 17/49 | €5,710 | €8,544 | +€2,834 | +49.6% |
| Amounts payable within one year | 42/48 | €5,710 | €8,544 | +€2,834 | +49.6% |
| Trade debts | 44 | €1,952 | €299 | -€1,653 | -84.7% |
| Suppliers | 440/4 | €1,952 | €299 | -€1,653 | -84.7% |
| Taxes, remuneration and social security | 45 | €181 | €724 | +€543 | +299% |
| Taxes | 450/3 | €181 | €724 | +€543 | +299% |
| Other amounts payable | 47/48 | €3,577 | €7,521 | +€3,944 | +110% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,504 | €1,580 | +€76 | +5.0% |
| Other operating charges | 640/8 | €645 | €2,610 | +€1,965 | +304% |
| Gross operating margin | 9900 | -€2,205 | €2,480 | +€4,685 | |
| Operating profit (loss) | 9901 | -€4,355 | -€1,710 | +€2,645 | +60.7% |
| Financial charges | 65/66B | €48 | €120 | +€72 | +148% |
| Recurring financial charges | 65 | €48 | €120 | +€72 | +148% |
| Profit (loss) for the period before taxes | 9903 | -€4,403 | -€1,830 | +€2,573 | +58.4% |
| Profit (loss) for the period | 9904 | -€4,403 | -€1,830 | +€2,573 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,403 | -€1,830 | +€2,573 | +58.4% |
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 14 October 2026 via checked.be.