SOLAIRFIN: 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.
SOLAIRFIN
Largest movements
- Receivables within one year -€43,834
down €43,834 (-38.2%), from €114,762 to €70,928
of which Other amounts receivable: -€28,356
- Cash +€36,685
up €36,685 (+5.2%), from €702,997 to €739,682
mainly Receivables within one year (+€43,834) and Receivables after one year (+€30,000)
- Receivables after one year -€30,000
down €30,000 (-17.6%), from €170,000 to €140,000
- Tangible fixed assets -€23,620
down €23,620 (-67.0%), from €35,270 to €11,650
- Profit (loss) carried forward -€69,674
down €69,674 (-9.9%), from €705,079 to €635,405
- Contributions +€21,200
up €21,200 (+12.2%), from €173,100 to €194,300
- Trade debts -€11,695
down €11,695 (-15.4%), from €75,936 to €64,241
- Gross operating margin -€12,228
down €12,228 (-36.5%), from €33,545 to €21,318
- Financial income +€3,988
up €3,988 (+39,880,800%), from €0 to €3,988
- Taxes -€2,825
down €2,825 (-88.3%), from €3,200 to €375
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 | €1,023,029 | €967,261 | -€55,769 | -5.5% |
| Fixed assets | 21/28 | €35,270 | €16,650 | -€18,620 | -52.8% |
| Tangible fixed assets | 22/27 | €35,270 | €11,650 | -€23,620 | -67.0% |
| Plant, machinery and equipment | 23 | €35,270 | €11,650 | -€23,620 | -67.0% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €987,759 | €950,611 | -€37,149 | -3.8% |
| Amounts receivable after more than one year | 29 | €170,000 | €140,000 | -€30,000 | -17.6% |
| Other amounts receivable | 291 | €170,000 | €140,000 | -€30,000 | -17.6% |
| Amounts receivable within one year | 40/41 | €114,762 | €70,928 | -€43,834 | -38.2% |
| Trade receivables | 40 | €86,407 | €70,928 | -€15,478 | -17.9% |
| Other amounts receivable | 41 | €28,356 | €0 | -€28,356 | -100% |
| Cash at bank and in hand | 54/58 | €702,997 | €739,682 | +€36,685 | +5.2% |
| Total equity and liabilities | 10/49 | €1,023,029 | €967,261 | -€55,769 | -5.5% |
| Equity | 10/15 | €878,179 | €829,705 | -€48,474 | -5.5% |
| Contributions | 10/11 | €173,100 | €194,300 | +€21,200 | +12.2% |
| Profit (loss) carried forward | 14 | €705,079 | €635,405 | -€69,674 | -9.9% |
| Amounts payable | 17/49 | €144,850 | €137,556 | -€7,294 | -5.0% |
| Amounts payable within one year | 42/48 | €144,850 | €137,556 | -€7,294 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €75,936 | €64,241 | -€11,695 | -15.4% |
| Suppliers | 440/4 | €75,936 | €64,241 | -€11,695 | -15.4% |
| Taxes, remuneration and social security | 45 | €22,914 | €24,001 | +€1,087 | +4.7% |
| Taxes | 450/3 | €22,914 | €24,001 | +€1,087 | +4.7% |
| Other amounts payable | 47/48 | €46,000 | €49,314 | +€3,314 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,620 | €23,620 | = | 0.0% |
| Gross operating margin | 9900 | €33,545 | €21,318 | -€12,228 | -36.5% |
| Operating profit (loss) | 9901 | €9,925 | -€2,302 | -€12,228 | |
| Financial income | 75/76B | €0 | €3,988 | +€3,988 | +39,880,800% |
| Recurring financial income | 75 | €0 | €3,988 | +€3,988 | +39,880,800% |
| Financial charges | 65/66B | €733 | €537 | -€196 | -26.8% |
| Recurring financial charges | 65 | €733 | €537 | -€196 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €9,192 | €1,149 | -€8,043 | -87.5% |
| Income taxes | 67/77 | €3,200 | €375 | -€2,825 | -88.3% |
| Profit (loss) for the period | 9904 | €5,992 | €774 | -€5,218 | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,992 | €774 | -€5,218 | -87.1% |
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 16 October 2026 via checked.be.