FMP 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.
FMP Solar
Largest movements
- Cash +€44,890
up €44,890 (+37.4%), from €119,908 to €164,798
mainly Net result for the year (+€47,638) and Debts after one year (+€17,003)
- Tangible fixed assets +€30,068
up €30,068 (+86.3%), from €34,851 to €64,920
of which Furniture and vehicles: +€28,068
- Receivables within one year +€12,476
up €12,476 (+260%), from €4,793 to €17,269
of which Trade receivables: +€10,039
- Profit (loss) carried forward +€47,638
up €47,638 (+47.7%), from €99,960 to €147,598
- Debts after one year +€17,003
new in 2025: €17,003
- Tax, wage and social debts +€16,251
up €16,251 (+48.2%), from €33,739 to €49,990
- Other debts -€12,116
no longer reported in 2025 (was €12,116)
- Trade debts +€10,376
up €10,376 (+76.1%), from €13,637 to €24,013
- Gross operating margin -€66,353
down €66,353 (-46.2%), from €143,658 to €77,306
- Taxes -€17,487
down €17,487 (-51.8%), from €33,739 to €16,251
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 | €159,552 | €247,023 | +€87,471 | +54.8% |
| Fixed assets | 21/28 | €34,851 | €64,920 | +€30,068 | +86.3% |
| Tangible fixed assets | 22/27 | €34,851 | €64,920 | +€30,068 | +86.3% |
| Plant, machinery and equipment | 23 | - | €2,000 | +€2,000 | |
| Furniture and vehicles | 24 | €34,851 | €62,920 | +€28,068 | +80.5% |
| Current assets | 29/58 | €124,701 | €182,103 | +€57,403 | +46.0% |
| Amounts receivable within one year | 40/41 | €4,793 | €17,269 | +€12,476 | +260% |
| Trade receivables | 40 | €391 | €10,430 | +€10,039 | +2,568% |
| Other amounts receivable | 41 | €4,402 | €6,839 | +€2,436 | +55.3% |
| Cash at bank and in hand | 54/58 | €119,908 | €164,798 | +€44,890 | +37.4% |
| Deferred charges and accrued income | 490/1 | - | €37 | +€37 | |
| Total equity and liabilities | 10/49 | €159,552 | €247,023 | +€87,471 | +54.8% |
| Equity | 10/15 | €100,060 | €147,698 | +€47,638 | +47.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,960 | €147,598 | +€47,638 | +47.7% |
| Amounts payable | 17/49 | €59,492 | €99,325 | +€39,834 | +67.0% |
| Amounts payable after more than one year | 17 | - | €17,003 | +€17,003 | |
| Financial debts | 170/4 | - | €17,003 | +€17,003 | |
| Amounts payable within one year | 42/48 | €59,492 | €82,322 | +€22,831 | +38.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,319 | +€8,319 | |
| Trade debts | 44 | €13,637 | €24,013 | +€10,376 | +76.1% |
| Suppliers | 440/4 | €13,637 | €24,013 | +€10,376 | +76.1% |
| Taxes, remuneration and social security | 45 | €33,739 | €49,990 | +€16,251 | +48.2% |
| Taxes | 450/3 | €33,739 | €49,990 | +€16,251 | +48.2% |
| Other amounts payable | 47/48 | €12,116 | - | -€12,116 | |
| Non-recurring operating income | 76A | €1,157 | - | -€1,157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,617 | €10,887 | +€1,270 | +13.2% |
| Other operating charges | 640/8 | €286 | €612 | +€326 | +114% |
| Non-recurring operating charges | 66A | - | €1,640 | +€1,640 | |
| Gross operating margin | 9900 | €143,658 | €77,306 | -€66,353 | -46.2% |
| Operating profit (loss) | 9901 | €133,755 | €64,166 | -€69,589 | -52.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €57 | €278 | +€222 | +393% |
| Recurring financial charges | 65 | €57 | €278 | +€222 | +393% |
| Profit (loss) for the period before taxes | 9903 | €133,699 | €63,889 | -€69,810 | -52.2% |
| Income taxes | 67/77 | €33,739 | €16,251 | -€17,487 | -51.8% |
| Profit (loss) for the period | 9904 | €99,960 | €47,638 | -€52,323 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €99,960 | €47,638 | -€52,323 | -52.3% |
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 18 October 2026 via checked.be.