SBS-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.
SBS-SOLAR
Largest movements
- Receivables within one year +€85,784
new in 2025: €85,784
of which Trade receivables: +€47,910
- Cash +€39,661
up €39,661 (+14,717%), from €269 to €39,930
mainly Debts after one year (+€57,247) and Trade debts (+€55,616)
- Stocks and contracts +€18,100
new in 2025: €18,100
- Debts after one year +€57,247
new in 2025: €57,247
- Trade debts +€55,616
new in 2025: €55,616
- Profit (loss) carried forward +€25,204
no longer reported in 2025 (was -€25,204)
- Other debts -€17,247
no longer reported in 2025 (was €17,247)
- Tax, wage and social debts +€13,221
new in 2025: €13,221
- Gross operating margin +€47,595
new in 2025: €47,595
- Taxes +€13,221
new in 2025: €13,221
- Financial income +€604
new in 2025: €604
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €269 | €143,814 | +€143,545 | +53,265% |
| Current assets | 29/58 | €269 | €143,814 | +€143,545 | +53,265% |
| Stocks and contracts in progress | 3 | - | €18,100 | +€18,100 | |
| Stocks | 30/36 | - | €18,100 | +€18,100 | |
| Amounts receivable within one year | 40/41 | - | €85,784 | +€85,784 | |
| Trade receivables | 40 | - | €47,910 | +€47,910 | |
| Other amounts receivable | 41 | - | €37,874 | +€37,874 | |
| Cash at bank and in hand | 54/58 | €269 | €39,930 | +€39,661 | +14,717% |
| Total equity and liabilities | 10/49 | €269 | €143,814 | +€143,545 | +53,265% |
| Equity | 10/15 | -€17,144 | €17,731 | +€34,874 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €11,531 | +€9,671 | +520% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €9,671 | +€9,671 | |
| Profit (loss) carried forward | 14 | -€25,204 | - | +€25,204 | |
| Amounts payable | 17/49 | €17,413 | €126,083 | +€108,670 | +624% |
| Amounts payable after more than one year | 17 | - | €57,247 | +€57,247 | |
| Financial debts | 170/4 | - | €57,247 | +€57,247 | |
| Amounts payable within one year | 42/48 | €17,413 | €68,836 | +€51,423 | +295% |
| Financial debts | 43 | €166 | - | -€166 | |
| Credit institutions | 430/8 | €166 | - | -€166 | |
| Trade debts | 44 | - | €55,616 | +€55,616 | |
| Suppliers | 440/4 | - | €55,616 | +€55,616 | |
| Taxes, remuneration and social security | 45 | - | €13,221 | +€13,221 | |
| Taxes | 450/3 | - | €13,221 | +€13,221 | |
| Other amounts payable | 47/48 | €17,247 | - | -€17,247 | |
| Gross operating margin | 9900 | - | €47,595 | +€47,595 | |
| Operating profit (loss) | 9901 | - | €47,595 | +€47,595 | |
| Financial income | 75/76B | - | €604 | +€604 | |
| Recurring financial income | 75 | - | €604 | +€604 | |
| Financial charges | 65/66B | - | €103 | +€103 | |
| Recurring financial charges | 65 | - | €103 | +€103 | |
| Profit (loss) for the period before taxes | 9903 | - | €48,095 | +€48,095 | |
| Income taxes | 67/77 | - | €13,221 | +€13,221 | |
| Profit (loss) for the period | 9904 | - | €34,874 | +€34,874 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €34,874 | +€34,874 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.