KORAMIC 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.
KORAMIC SOLAR
Largest movements
- Tangible fixed assets -€234,867
down €234,867 (-59.0%), from €397,982 to €163,115
- Cash +€34,554
up €34,554 (+7.5%), from €462,758 to €497,312
mainly Depreciation (+€234,867) and Net result for the year (+€112,898)
- Deferred charges and accrued income -€30,168
down €30,168 (-73.2%), from €41,204 to €11,036
- Debts after one year -€205,545
no longer reported in 2025 (was €205,545)
- Profit (loss) carried forward +€112,898
up €112,898 (+38.7%), from €291,510 to €404,408
- Current portion of long-term debt -€83,034
down €83,034 (-31.1%), from €267,053 to €184,019
- Tax, wage and social debts -€43,872
down €43,872 (-68.8%), from €63,782 to €19,910
- Trade debts -€14,236
down €14,236 (-24.6%), from €57,763 to €43,527
- Gross operating margin +€46,915
up €46,915 (+11.2%), from €419,717 to €466,632
- Financial income -€13,868
down €13,868 (-100.0%), from €13,869 to €1
- Financial charges -€12,965
down €12,965 (-39.1%), from €33,142 to €20,177
- Taxes +€12,061
up €12,061 (+44.7%), from €26,990 to €39,051
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 | €954,674 | €720,125 | -€234,549 | -24.6% |
| Fixed assets | 21/28 | €397,982 | €163,115 | -€234,867 | -59.0% |
| Tangible fixed assets | 22/27 | €397,982 | €163,115 | -€234,867 | -59.0% |
| Leasing and similar rights | 25 | €397,982 | €163,115 | -€234,867 | -59.0% |
| Current assets | 29/58 | €556,692 | €557,010 | +€318 | +0.1% |
| Amounts receivable within one year | 40/41 | €52,730 | €48,662 | -€4,068 | -7.7% |
| Trade receivables | 40 | €19,245 | €15,177 | -€4,068 | -21.1% |
| Other amounts receivable | 41 | €33,485 | €33,485 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €462,758 | €497,312 | +€34,554 | +7.5% |
| Deferred charges and accrued income | 490/1 | €41,204 | €11,036 | -€30,168 | -73.2% |
| Total equity and liabilities | 10/49 | €954,674 | €720,125 | -€234,549 | -24.6% |
| Equity | 10/15 | €359,160 | €472,058 | +€112,898 | +31.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €291,510 | €404,408 | +€112,898 | +38.7% |
| Amounts payable | 17/49 | €595,514 | €248,067 | -€347,447 | -58.3% |
| Amounts payable after more than one year | 17 | €205,545 | - | -€205,545 | |
| Financial debts | 170/4 | €205,545 | - | -€205,545 | |
| Amounts payable within one year | 42/48 | €388,598 | €247,456 | -€141,142 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €267,053 | €184,019 | -€83,034 | -31.1% |
| Trade debts | 44 | €57,763 | €43,527 | -€14,236 | -24.6% |
| Suppliers | 440/4 | €57,763 | €43,527 | -€14,236 | -24.6% |
| Taxes, remuneration and social security | 45 | €63,782 | €19,910 | -€43,872 | -68.8% |
| Taxes | 450/3 | €63,782 | €19,910 | -€43,872 | -68.8% |
| Accrued charges and deferred income | 492/3 | €1,371 | €611 | -€760 | -55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234,867 | €234,867 | = | 0.0% |
| Other operating charges | 640/8 | €57,518 | €59,640 | +€2,122 | +3.7% |
| Gross operating margin | 9900 | €419,717 | €466,632 | +€46,915 | +11.2% |
| Operating profit (loss) | 9901 | €127,332 | €172,125 | +€44,793 | +35.2% |
| Financial income | 75/76B | €13,869 | €1 | -€13,868 | -100.0% |
| Recurring financial income | 75 | €13,869 | €1 | -€13,868 | -100.0% |
| Financial charges | 65/66B | €33,142 | €20,177 | -€12,965 | -39.1% |
| Recurring financial charges | 65 | €33,142 | €20,177 | -€12,965 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €108,059 | €151,949 | +€43,890 | +40.6% |
| Income taxes | 67/77 | €26,990 | €39,051 | +€12,061 | +44.7% |
| Profit (loss) for the period | 9904 | €81,069 | €112,898 | +€31,829 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €81,069 | €112,898 | +€31,829 | +39.3% |
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.