SOL ARRIBA: 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.
What changed
SOL ARRIBA
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€831,634
2024 · €519,331+€312,303
Equity
€1.6m
2024 · €787,653+€831,634
Cash
€33,904
2024 · €22,076+€11,827
Balance sheet total
€2.2m
2024 · €1.3m+€816,936
Largest movements
Assets
- Receivables within one year +€809,558
up €809,558 (+1,753%), from €46,182 to €855,740
of which Other amounts receivable: +€804,635
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+207%), from €521,191 to €1.6m
- Profit (loss) carried forward -€246,366
down €246,366 (-99.4%), from €247,862 to €1,496
- Debts after one year -€53,908
down €53,908 (-12.5%), from €431,419 to €377,510
- Provisions +€49,945
new in 2025: €49,945
Income statement
- Financial income +€307,758
up €307,758 (+61.6%), from €500,000 to €807,758
- Taxes -€50,392
down €50,392 (-70.0%), from €71,956 to €21,564
- Provisions +€49,945
new in 2025: €49,945
- Financial charges -€7,630
down €7,630 (-29.3%), from €26,062 to €18,431
- Gross operating margin -€3,250
down €3,250 (-2.6%), from €126,451 to €123,201
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.
Result 2024
€519,331
Gross operating margin
-€3,250
Depreciation
-€533
Provisions
-€49,945
Other operating charges
+€251
Financial income
+€307,758
Financial charges
+€7,630
Taxes
+€50,392
Result 2025
€831,634
raises the resultlowers the result
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.
From operations
+€66,731
Investment
-€3,087
Financing
-€51,817
Cash 2024
€22,076
From operations (derived)
+€66,731
Net result for the year
+€831,634
Depreciation
+€8,126
Receivables within one year
-€809,558
Deferred charges and accrued income
-€590
Provisions
+€49,945
Trade debts
-€6,224
Tax, wage and social debts
-€3,082
Other debts
-€5,620
Accrued charges and deferred income
+€2,100
Investment (derived)
-€3,087
Investment in fixed assets (net)
-€3,087
Financing
-€51,817
Debts after one year
-€53,908
Current portion of long-term debt
+€2,092
Cash 2025
€33,904
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,348,710 | €2,165,647 | +€816,936 | +60.6% |
| Fixed assets | 21/28 | €1,278,831 | €1,273,792 | -€5,039 | -0.4% |
| Tangible fixed assets | 22/27 | €28,791 | €23,752 | -€5,039 | -17.5% |
| Furniture and vehicles | 24 | €28,791 | €23,752 | -€5,039 | -17.5% |
| Financial fixed assets | 28 | €1,250,040 | €1,250,040 | = | 0.0% |
| Current assets | 29/58 | €69,879 | €891,855 | +€821,975 | +1,176% |
| Amounts receivable within one year | 40/41 | €46,182 | €855,740 | +€809,558 | +1,753% |
| Trade receivables | 40 | €42,350 | €47,273 | +€4,923 | +11.6% |
| Other amounts receivable | 41 | €3,832 | €808,467 | +€804,635 | +20,998% |
| Cash at bank and in hand | 54/58 | €22,076 | €33,904 | +€11,827 | +53.6% |
| Deferred charges and accrued income | 490/1 | €1,621 | €2,211 | +€590 | +36.4% |
| Total equity and liabilities | 10/49 | €1,348,710 | €2,165,647 | +€816,936 | +60.6% |
| Equity | 10/15 | €787,653 | €1,619,287 | +€831,634 | +106% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €521,191 | €1,599,191 | +€1.1m | +207% |
| Distributable reserves | 133 | €521,191 | €1,599,191 | +€1.1m | +207% |
| Profit (loss) carried forward | 14 | €247,862 | €1,496 | -€246,366 | -99.4% |
| Provisions and deferred taxes | 16 | - | €49,945 | +€49,945 | |
| Provisions for liabilities and charges | 160/5 | - | €49,945 | +€49,945 | |
| Other liabilities and charges | 164/5 | - | €49,945 | +€49,945 | |
| Amounts payable | 17/49 | €561,058 | €496,415 | -€64,643 | -11.5% |
| Amounts payable after more than one year | 17 | €431,419 | €377,510 | -€53,908 | -12.5% |
| Financial debts | 170/4 | €431,419 | €377,510 | -€53,908 | -12.5% |
| Amounts payable within one year | 42/48 | €124,601 | €111,766 | -€12,835 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €51,817 | €53,908 | +€2,092 | +4.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €10,946 | €4,722 | -€6,224 | -56.9% |
| Suppliers | 440/4 | €10,946 | €4,722 | -€6,224 | -56.9% |
| Taxes, remuneration and social security | 45 | €56,218 | €53,136 | -€3,082 | -5.5% |
| Taxes | 450/3 | €53,718 | €53,136 | -€582 | -1.1% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts payable | 47/48 | €5,620 | €0 | -€5,620 | -100% |
| Accrued charges and deferred income | 492/3 | €5,039 | €7,139 | +€2,100 | +41.7% |
| Non-recurring operating income | 76A | €826 | €0 | -€826 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,593 | €8,126 | +€533 | +7.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €49,945 | +€49,945 | |
| Other operating charges | 640/8 | €1,509 | €1,258 | -€251 | -16.6% |
| Gross operating margin | 9900 | €126,451 | €123,201 | -€3,250 | -2.6% |
| Operating profit (loss) | 9901 | €117,348 | €63,871 | -€53,477 | -45.6% |
| Financial income | 75/76B | €500,000 | €807,758 | +€307,758 | +61.6% |
| Recurring financial income | 75 | €500,000 | €807,758 | +€307,758 | +61.6% |
| Financial charges | 65/66B | €26,062 | €18,431 | -€7,630 | -29.3% |
| Recurring financial charges | 65 | €26,062 | €18,431 | -€7,630 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €591,287 | €853,198 | +€261,912 | +44.3% |
| Income taxes | 67/77 | €71,956 | €21,564 | -€50,392 | -70.0% |
| Profit (loss) for the period | 9904 | €519,331 | €831,634 | +€312,303 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €519,331 | €831,634 | +€312,303 | +60.1% |
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.