My Solar: what changed
What changed
My Solar
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
-€12,312
2025 · -€40,624+€28,312
Equity
-€73,949
2025 · -€61,638-€12,312
Cash
€781
2025 · €781
Balance sheet total
€52,310
2025 · €47,753+€4,558
Largest movements
Assets
- Receivables within one year +€14,098
up €14,098 (+72.5%), from €19,438 to €33,537
of which Trade receivables: +€8,301
- Financial fixed assets -€4,400
down €4,400 (-81.5%), from €5,400 to €1,000
- Stocks and contracts -€3,125
down €3,125 (-18.5%), from €16,920 to €13,795
- Tangible fixed assets -€2,255
down €2,255 (-49.9%), from €4,516 to €2,261
Equity and liabilities
- Trade debts +€20,739
up €20,739 (+89.6%), from €23,140 to €43,879
- Profit (loss) carried forward -€12,312
down €12,312 (-15.3%), from -€80,238 to -€92,549
- Tax, wage and social debts -€7,075
down €7,075 (-14.8%), from €47,684 to €40,608
of which Taxes: -€5,471
- Accrued charges and deferred income +€3,240
new in 2026: €3,240
- Other debts -€3,003
no longer reported in 2026 (was €3,003)
Income statement
- Gross operating margin +€17,987
up €17,987, from -€9,738 to €8,249
- Staff costs -€16,541
down €16,541 (-99.1%), from €16,693 to €153
- Write-downs +€6,362
new in 2026: €6,362
- Other operating charges +€3,349
up €3,349 (+103%), from €3,259 to €6,608
- Financial charges -€2,843
down €2,843 (-35.4%), from €8,025 to €5,183
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
-€40,624
Gross operating margin
+€17,987
Staff costs
+€16,541
Depreciation
+€527
Write-downs
-€6,362
Other operating charges
-€3,349
Other operating items
+€395
Financial income
-€182
Financial charges
+€2,843
Taxes
-€87
Result 2026
-€12,312
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€7,369
Investment
+€4,400
Financing
+€2,969
Cash 2025
€781
From operations (derived)
-€7,369
Net result for the year
-€12,312
Depreciation
+€2,255
Stocks and contracts
+€3,125
Receivables within one year
-€14,098
Deferred charges and accrued income
-€240
Trade debts
+€20,739
Tax, wage and social debts
-€7,075
Other debts
-€3,003
Accrued charges and deferred income
+€3,240
Investment (derived)
+€4,400
Investment in fixed assets (net)
+€4,400
Financing
+€2,969
Short-term financial debts
+€2,969
Cash 2026
€781
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,753 | €52,310 | +€4,558 | +9.5% |
| Fixed assets | 21/28 | €9,916 | €3,261 | -€6,655 | -67.1% |
| Tangible fixed assets | 22/27 | €4,516 | €2,261 | -€2,255 | -49.9% |
| Plant, machinery and equipment | 23 | €2,406 | €1,388 | -€1,018 | -42.3% |
| Furniture and vehicles | 24 | €1,237 | €316 | -€921 | -74.5% |
| Other tangible fixed assets | 26 | €873 | €557 | -€316 | -36.2% |
| Financial fixed assets | 28 | €5,400 | €1,000 | -€4,400 | -81.5% |
| Current assets | 29/58 | €37,837 | €49,050 | +€11,213 | +29.6% |
| Stocks and contracts in progress | 3 | €16,920 | €13,795 | -€3,125 | -18.5% |
| Stocks | 30/36 | €16,920 | €13,795 | -€3,125 | -18.5% |
| Amounts receivable within one year | 40/41 | €19,438 | €33,537 | +€14,098 | +72.5% |
| Trade receivables | 40 | €19,438 | €27,739 | +€8,301 | +42.7% |
| Other amounts receivable | 41 | - | €5,798 | +€5,798 | |
| Cash at bank and in hand | 54/58 | €781 | €781 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €698 | €937 | +€240 | +34.4% |
| Total equity and liabilities | 10/49 | €47,753 | €52,310 | +€4,558 | +9.5% |
| Equity | 10/15 | -€61,638 | -€73,949 | -€12,312 | -20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,238 | -€92,549 | -€12,312 | -15.3% |
| Amounts payable | 17/49 | €109,390 | €126,260 | +€16,869 | +15.4% |
| Amounts payable within one year | 42/48 | €109,390 | €123,020 | +€13,629 | +12.5% |
| Financial debts | 43 | €35,564 | €38,533 | +€2,969 | +8.3% |
| Credit institutions | 430/8 | €25,564 | €25,533 | -€31 | -0.1% |
| Other loans | 439 | €10,000 | €13,000 | +€3,000 | +30.0% |
| Trade debts | 44 | €23,140 | €43,879 | +€20,739 | +89.6% |
| Suppliers | 440/4 | €23,140 | €43,879 | +€20,739 | +89.6% |
| Taxes, remuneration and social security | 45 | €47,684 | €40,608 | -€7,075 | -14.8% |
| Taxes | 450/3 | €46,080 | €40,608 | -€5,471 | -11.9% |
| Remuneration and social security | 454/9 | €1,604 | - | -€1,604 | |
| Other amounts payable | 47/48 | €3,003 | - | -€3,003 | |
| Accrued charges and deferred income | 492/3 | - | €3,240 | +€3,240 | |
| Remuneration, social security and pensions | 62 | €16,693 | €153 | -€16,541 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,782 | €2,255 | -€527 | -19.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,362 | +€6,362 | |
| Other operating charges | 640/8 | €3,259 | €6,608 | +€3,349 | +103% |
| Non-recurring operating charges | 66A | €395 | - | -€395 | |
| Gross operating margin | 9900 | -€9,738 | €8,249 | +€17,987 | |
| Operating profit (loss) | 9901 | -€32,868 | -€7,129 | +€25,739 | +78.3% |
| Financial income | 75/76B | €183 | €0 | -€182 | -99.9% |
| Recurring financial income | 75 | €183 | €0 | -€182 | -99.9% |
| Financial charges | 65/66B | €8,025 | €5,183 | -€2,843 | -35.4% |
| Recurring financial charges | 65 | €8,025 | €5,183 | -€2,843 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€40,710 | -€12,312 | +€28,399 | +69.8% |
| Income taxes | 67/77 | -€87 | - | +€87 | |
| Profit (loss) for the period | 9904 | -€40,624 | -€12,312 | +€28,312 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,624 | -€12,312 | +€28,312 | +69.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.