Multi Solar RD: 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.
Multi Solar RD
Largest movements
- Tangible fixed assets -€2,459
down €2,459 (-35.4%), from €6,947 to €4,488
- Receivables within one year -€1,416
down €1,416 (-38.7%), from €3,660 to €2,244
of which Other amounts receivable: -€1,416
- Cash +€1,211
up €1,211 (+112%), from €1,083 to €2,295
mainly Other debts (+€10,643) and Depreciation (+€2,459)
- Deferred charges and accrued income -€197
no longer reported in 2025 (was €197)
- Other debts +€10,643
up €10,643 (+76.4%), from €13,923 to €24,566
- Tax, wage and social debts -€7,826
no longer reported in 2025 (was €7,826)
- Trade debts -€3,125
no longer reported in 2025 (was €3,125)
- Profit (loss) carried forward -€2,426
down €2,426 (-13.4%), from -€18,113 to -€20,539
- Accrued charges and deferred income -€126
no longer reported in 2025 (was €126)
- Gross operating margin +€12,366
up €12,366, from -€11,161 to €1,206
- Financial charges -€1,031
down €1,031 (-87.3%), from €1,181 to €150
- Other operating charges -€566
down €566 (-35.6%), from €1,588 to €1,023
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 | €11,887 | €9,027 | -€2,861 | -24.1% |
| Fixed assets | 21/28 | €6,947 | €4,488 | -€2,459 | -35.4% |
| Tangible fixed assets | 22/27 | €6,947 | €4,488 | -€2,459 | -35.4% |
| Plant, machinery and equipment | 23 | €6,947 | €4,488 | -€2,459 | -35.4% |
| Current assets | 29/58 | €4,940 | €4,539 | -€401 | -8.1% |
| Amounts receivable within one year | 40/41 | €3,660 | €2,244 | -€1,416 | -38.7% |
| Trade receivables | 40 | €920 | €920 | = | 0.0% |
| Other amounts receivable | 41 | €2,740 | €1,324 | -€1,416 | -51.7% |
| Cash at bank and in hand | 54/58 | €1,083 | €2,295 | +€1,211 | +112% |
| Deferred charges and accrued income | 490/1 | €197 | - | -€197 | |
| Total equity and liabilities | 10/49 | €11,887 | €9,027 | -€2,861 | -24.1% |
| Equity | 10/15 | -€13,113 | -€15,539 | -€2,426 | -18.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,113 | -€20,539 | -€2,426 | -13.4% |
| Amounts payable | 17/49 | €25,000 | €24,566 | -€434 | -1.7% |
| Amounts payable within one year | 42/48 | €24,874 | €24,566 | -€308 | -1.2% |
| Trade debts | 44 | €3,125 | - | -€3,125 | |
| Suppliers | 440/4 | €3,125 | - | -€3,125 | |
| Taxes, remuneration and social security | 45 | €7,826 | - | -€7,826 | |
| Taxes | 450/3 | €7,826 | - | -€7,826 | |
| Other amounts payable | 47/48 | €13,923 | €24,566 | +€10,643 | +76.4% |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,459 | €2,459 | = | 0.0% |
| Other operating charges | 640/8 | €1,588 | €1,023 | -€566 | -35.6% |
| Non-recurring operating charges | 66A | €24,244 | - | -€24,244 | |
| Gross operating margin | 9900 | -€11,161 | €1,206 | +€12,366 | |
| Operating profit (loss) | 9901 | -€39,452 | -€2,276 | +€37,176 | +94.2% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €1,181 | €150 | -€1,031 | -87.3% |
| Recurring financial charges | 65 | €1,181 | €150 | -€1,031 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | -€40,612 | -€2,426 | +€38,185 | +94.0% |
| Profit (loss) for the period | 9904 | -€40,612 | -€2,426 | +€38,185 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,612 | -€2,426 | +€38,185 | +94.0% |
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 13 October 2026 via checked.be.