Solar for All: 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.
Solar for All
Largest movements
- Stocks and contracts -€4,683
down €4,683 (-61.2%), from €7,657 to €2,974
- Receivables within one year -€3,658
down €3,658 (-18.2%), from €20,099 to €16,442
of which Trade receivables: -€2,050
- Cash -€1,875
down €1,875 (-40.5%), from €4,629 to €2,754
mainly Trade debts (-€8,160) and Net result for the year (-€6,713)
- Intangible fixed assets -€800
down €800 (-29.8%), from €2,685 to €1,885
- Deferred charges and accrued income -€660
down €660 (-48.3%), from €1,367 to €707
- Trade debts -€8,160
down €8,160 (-18.2%), from €44,758 to €36,597
- Profit (loss) carried forward -€6,713
down €6,713 (-7.5%), from -€89,155 to -€95,867
- Tax, wage and social debts +€2,569
new in 2025: €2,569
- Gross operating margin +€43,277
up €43,277 (+96.8%), from -€44,729 to -€1,452
- Staff costs -€16,401
down €16,401 (-99.9%), from €16,419 to €18
- Financial charges +€2,253
up €2,253 (+3,627%), from €62 to €2,315
- Other operating charges +€1,382
up €1,382 (+1,171%), from €118 to €1,500
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 | €42,153 | €29,849 | -€12,304 | -29.2% |
| Fixed assets | 21/28 | €8,401 | €6,972 | -€1,429 | -17.0% |
| Intangible fixed assets | 21 | €2,685 | €1,885 | -€800 | -29.8% |
| Tangible fixed assets | 22/27 | €1,216 | €587 | -€629 | -51.7% |
| Plant, machinery and equipment | 23 | €1,216 | €587 | -€629 | -51.7% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €33,753 | €22,877 | -€10,876 | -32.2% |
| Stocks and contracts in progress | 3 | €7,657 | €2,974 | -€4,683 | -61.2% |
| Stocks | 30/36 | €7,657 | €2,974 | -€4,683 | -61.2% |
| Amounts receivable within one year | 40/41 | €20,099 | €16,442 | -€3,658 | -18.2% |
| Trade receivables | 40 | €18,492 | €16,442 | -€2,050 | -11.1% |
| Other amounts receivable | 41 | €1,608 | - | -€1,608 | |
| Cash at bank and in hand | 54/58 | €4,629 | €2,754 | -€1,875 | -40.5% |
| Deferred charges and accrued income | 490/1 | €1,367 | €707 | -€660 | -48.3% |
| Total equity and liabilities | 10/49 | €42,153 | €29,849 | -€12,304 | -29.2% |
| Equity | 10/15 | -€88,155 | -€94,867 | -€6,713 | -7.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,155 | -€95,867 | -€6,713 | -7.5% |
| Amounts payable | 17/49 | €130,308 | €124,717 | -€5,592 | -4.3% |
| Amounts payable after more than one year | 17 | €85,000 | €85,000 | = | 0.0% |
| Financial debts | 170/4 | €85,000 | €85,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,308 | €39,717 | -€5,592 | -12.3% |
| Trade debts | 44 | €44,758 | €36,597 | -€8,160 | -18.2% |
| Suppliers | 440/4 | €44,758 | €36,597 | -€8,160 | -18.2% |
| Taxes, remuneration and social security | 45 | - | €2,569 | +€2,569 | |
| Taxes | 450/3 | - | €2,569 | +€2,569 | |
| Other amounts payable | 47/48 | €551 | €551 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €16,419 | €18 | -€16,401 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,429 | €1,429 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €1,500 | +€1,382 | +1,171% |
| Gross operating margin | 9900 | -€44,729 | -€1,452 | +€43,277 | +96.8% |
| Operating profit (loss) | 9901 | -€62,694 | -€4,398 | +€58,297 | +93.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -91.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -91.3% |
| Financial charges | 65/66B | €62 | €2,315 | +€2,253 | +3,627% |
| Recurring financial charges | 65 | €62 | €2,315 | +€2,253 | +3,627% |
| Profit (loss) for the period before taxes | 9903 | -€62,756 | -€6,713 | +€56,044 | +89.3% |
| Profit (loss) for the period | 9904 | -€62,756 | -€6,713 | +€56,044 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,756 | -€6,713 | +€56,044 | +89.3% |
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 29 October 2026 via checked.be.