Le Soleil Rouge: 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 Rouge
Largest movements
- Cash +€373,299
up €373,299 (+79.8%), from €467,935 to €841,234
mainly Net result for the year (+€242,634) and Tax, wage and social debts (+€85,779)
- Receivables within one year +€28,239
up €28,239 (+126%), from €22,371 to €50,610
of which Other amounts receivable: +€41,960
- Tangible fixed assets -€26,505
down €26,505 (-35.1%), from €75,551 to €49,047
- Profit (loss) carried forward +€242,634
up €242,634 (+37.2%), from €652,208 to €894,842
- Tax, wage and social debts +€85,779
up €85,779 (+147%), from €58,368 to €144,146
of which Taxes: +€91,682
- Other debts +€55,794
up €55,794 (+930%), from €6,000 to €61,794
- Trade debts -€52,674
down €52,674 (-52.5%), from €100,289 to €47,615
- Accrued charges and deferred income +€36,000
new in 2024: €36,000
- Gross operating margin -€90,557
down €90,557 (-11.6%), from €777,851 to €687,294
- Staff costs -€75,447
down €75,447 (-21.3%), from €354,274 to €278,827
- Other operating charges +€9,791
up €9,791 (+56.7%), from €17,273 to €27,064
- Taxes +€9,238
up €9,238 (+9.6%), from €96,243 to €105,481
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,027,261 | €1,394,793 | +€367,533 | +35.8% |
| Fixed assets | 21/28 | €77,123 | €51,449 | -€25,674 | -33.3% |
| Tangible fixed assets | 22/27 | €75,551 | €49,047 | -€26,505 | -35.1% |
| Plant, machinery and equipment | 23 | €21,216 | €10,653 | -€10,562 | -49.8% |
| Furniture and vehicles | 24 | €13,313 | €8,320 | -€4,993 | -37.5% |
| Other tangible fixed assets | 26 | €41,023 | €30,073 | -€10,949 | -26.7% |
| Financial fixed assets | 28 | €1,572 | €2,402 | +€830 | +52.8% |
| Current assets | 29/58 | €950,138 | €1,343,344 | +€393,207 | +41.4% |
| Amounts receivable after more than one year | 29 | €451,500 | €451,500 | = | 0.0% |
| Other amounts receivable | 291 | €451,500 | €451,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €8,332 | €0 | -€8,332 | -100% |
| Stocks | 30/36 | €8,332 | €0 | -€8,332 | -100% |
| Amounts receivable within one year | 40/41 | €22,371 | €50,610 | +€28,239 | +126% |
| Trade receivables | 40 | €15,993 | €2,273 | -€13,721 | -85.8% |
| Other amounts receivable | 41 | €6,378 | €48,338 | +€41,960 | +658% |
| Cash at bank and in hand | 54/58 | €467,935 | €841,234 | +€373,299 | +79.8% |
| Total equity and liabilities | 10/49 | €1,027,261 | €1,394,793 | +€367,533 | +35.8% |
| Equity | 10/15 | €862,604 | €1,105,238 | +€242,634 | +28.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €205,396 | €205,396 | = | 0.0% |
| Distributable reserves | 133 | €205,396 | €205,396 | = | 0.0% |
| Profit (loss) carried forward | 14 | €652,208 | €894,842 | +€242,634 | +37.2% |
| Amounts payable | 17/49 | €164,657 | €289,555 | +€124,899 | +75.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €164,657 | €253,555 | +€88,899 | +54.0% |
| Trade debts | 44 | €100,289 | €47,615 | -€52,674 | -52.5% |
| Suppliers | 440/4 | €100,289 | €47,615 | -€52,674 | -52.5% |
| Taxes, remuneration and social security | 45 | €58,368 | €144,146 | +€85,779 | +147% |
| Taxes | 450/3 | €35,201 | €126,884 | +€91,682 | +260% |
| Remuneration and social security | 454/9 | €23,166 | €17,262 | -€5,904 | -25.5% |
| Other amounts payable | 47/48 | €6,000 | €61,794 | +€55,794 | +930% |
| Accrued charges and deferred income | 492/3 | - | €36,000 | +€36,000 | |
| Remuneration, social security and pensions | 62 | €354,274 | €278,827 | -€75,447 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,892 | €26,505 | +€613 | +2.4% |
| Other operating charges | 640/8 | €17,273 | €27,064 | +€9,791 | +56.7% |
| Non-recurring operating charges | 66A | - | €6,000 | +€6,000 | |
| Gross operating margin | 9900 | €777,851 | €687,294 | -€90,557 | -11.6% |
| Operating profit (loss) | 9901 | €380,412 | €348,899 | -€31,513 | -8.3% |
| Financial income | 75/76B | €0 | €17 | +€17 | |
| Recurring financial income | 75 | €0 | €17 | +€17 | |
| Financial charges | 65/66B | €3,448 | €801 | -€2,647 | -76.8% |
| Recurring financial charges | 65 | €3,448 | €801 | -€2,647 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | €376,964 | €348,115 | -€28,848 | -7.7% |
| Income taxes | 67/77 | €96,243 | €105,481 | +€9,238 | +9.6% |
| Profit (loss) for the period | 9904 | €280,720 | €242,634 | -€38,086 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €280,720 | €242,634 | -€38,086 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.