LE SOLEIL: 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.
LE SOLEIL
Largest movements
- Receivables within one year +€2,638
up €2,638 (+85.7%), from €3,077 to €5,714
of which Trade receivables: +€2,611
- Tangible fixed assets -€1,890
down €1,890 (-4.8%), from €39,310 to €37,420
of which Land and buildings: -€3,201
- Stocks and contracts +€1,137
up €1,137 (+12.4%), from €9,143 to €10,280
- Profit (loss) carried forward +€2,008
up €2,008 (+6.0%), from -€33,632 to -€31,624
- Trade debts +€1,552
up €1,552 (+73.0%), from €2,127 to €3,679
- Current portion of long-term debt -€1,282
no longer reported in 2025 (was €1,282)
- Gross operating margin -€15,532
down €15,532 (-58.3%), from €26,620 to €11,088
- Staff costs -€8,719
down €8,719 (-99.5%), from €8,760 to €41
- Financial charges -€409
down €409 (-27.4%), from €1,493 to €1,084
- Depreciation +€379
up €379 (+8.3%), from €4,591 to €4,970
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 | €53,052 | €55,192 | +€2,140 | +4.0% |
| Fixed assets | 21/28 | €39,310 | €37,420 | -€1,890 | -4.8% |
| Tangible fixed assets | 22/27 | €39,310 | €37,420 | -€1,890 | -4.8% |
| Land and buildings | 22 | €36,276 | €33,075 | -€3,201 | -8.8% |
| Plant, machinery and equipment | 23 | €3,034 | €4,345 | +€1,311 | +43.2% |
| Current assets | 29/58 | €13,742 | €17,772 | +€4,030 | +29.3% |
| Stocks and contracts in progress | 3 | €9,143 | €10,280 | +€1,137 | +12.4% |
| Stocks | 30/36 | €9,143 | €10,280 | +€1,137 | +12.4% |
| Amounts receivable within one year | 40/41 | €3,077 | €5,714 | +€2,638 | +85.7% |
| Trade receivables | 40 | €1,437 | €4,048 | +€2,611 | +182% |
| Other amounts receivable | 41 | €1,640 | €1,667 | +€27 | +1.7% |
| Cash at bank and in hand | 54/58 | €1,522 | €1,777 | +€255 | +16.8% |
| Total equity and liabilities | 10/49 | €53,052 | €55,192 | +€2,140 | +4.0% |
| Equity | 10/15 | -€14,144 | -€12,136 | +€2,008 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €888 | €888 | = | 0.0% |
| Non-distributable reserves | 130/1 | €888 | €888 | = | 0.0% |
| Reserves not available under the articles | 1311 | €888 | €888 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,632 | -€31,624 | +€2,008 | +6.0% |
| Amounts payable | 17/49 | €67,196 | €67,328 | +€132 | +0.2% |
| Amounts payable after more than one year | 17 | €2,644 | €2,644 | = | 0.0% |
| Financial debts | 170/4 | €2,644 | €2,644 | = | 0.0% |
| Amounts payable within one year | 42/48 | €64,551 | €64,683 | +€132 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €1,282 | - | -€1,282 | |
| Trade debts | 44 | €2,127 | €3,679 | +€1,552 | +73.0% |
| Suppliers | 440/4 | €2,127 | €3,679 | +€1,552 | +73.0% |
| Taxes, remuneration and social security | 45 | €2,062 | €1,888 | -€174 | -8.4% |
| Taxes | 450/3 | €2,062 | €1,888 | -€174 | -8.4% |
| Other amounts payable | 47/48 | €59,080 | €59,116 | +€36 | +0.1% |
| Remuneration, social security and pensions | 62 | €8,760 | €41 | -€8,719 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,591 | €4,970 | +€379 | +8.3% |
| Other operating charges | 640/8 | €3,239 | €2,986 | -€253 | -7.8% |
| Gross operating margin | 9900 | €26,620 | €11,088 | -€15,532 | -58.3% |
| Operating profit (loss) | 9901 | €10,031 | €3,092 | -€6,939 | -69.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.2% |
| Financial charges | 65/66B | €1,493 | €1,084 | -€409 | -27.4% |
| Recurring financial charges | 65 | €1,493 | €1,084 | -€409 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €8,538 | €2,008 | -€6,530 | -76.5% |
| Profit (loss) for the period | 9904 | €8,538 | €2,008 | -€6,530 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,538 | €2,008 | -€6,530 | -76.5% |
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 15 October 2026 via checked.be.