SOLAR POINT: what changed
Two fiscal 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 POINT
Largest movements
- Receivables within one year +€23,341
up €23,341 (+8.8%), from €266,509 to €289,850
of which Other amounts receivable: +€15,826
- Receivables after one year +€13,221
up €13,221 (+8.9%), from €148,780 to €162,001
- Cash -€6,009
down €6,009 (-82.0%), from €7,328 to €1,320
mainly Net result for the year (-€48,901) and Receivables within one year (-€23,341)
- Reserves -€48,901
down €48,901 (-59.2%), from €82,580 to €33,678
- Tax, wage and social debts +€44,762
up €44,762 (+451.3%), from €9,919 to €54,681
- Other debts +€35,850
up €35,850 (+17.9%), from €200,681 to €236,531
- Trade debts +€7,792
up €7,792 (+86.4%), from €9,023 to €16,814
- Debts after one year -€5,544
down €5,544 (-6.9%), from €80,044 to €74,500
- Gross operating margin -€245,778
down €245,778 (-94.0%), from €261,454 to €15,676
- Taxes +€54,979
up €54,979 (+10829.4%), from €508 to €55,486
- Other operating charges -€15,035
down €15,035 (-88.7%), from €16,945 to €1,910
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.
Cash bridge derived
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 | €429,805 | €460,726 | +€30,921 | +7.2% |
| Fixed assets | 21/28 | €1,110 | €561 | -€549 | -49.5% |
| Tangible fixed assets | 22/27 | €1,010 | €461 | -€549 | -54.4% |
| Plant, machinery and equipment | 23 | €1,010 | €436 | -€574 | -56.9% |
| Furniture and vehicles | 24 | €0 | €25 | +€25 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €428,694 | €460,165 | +€31,471 | +7.3% |
| Amounts receivable after more than one year | 29 | €148,780 | €162,001 | +€13,221 | +8.9% |
| Other amounts receivable | 291 | €148,780 | €162,001 | +€13,221 | +8.9% |
| Amounts receivable within one year | 40/41 | €266,509 | €289,850 | +€23,341 | +8.8% |
| Trade receivables | 40 | €1,225 | €8,740 | +€7,515 | +613.5% |
| Other amounts receivable | 41 | €265,284 | €281,110 | +€15,826 | +6.0% |
| Cash at bank and in hand | 54/58 | €7,328 | €1,320 | -€6,009 | -82.0% |
| Deferred charges and accrued income | 490/1 | €6,077 | €6,994 | +€917 | +15.1% |
| Total equity and liabilities | 10/49 | €429,805 | €460,726 | +€30,921 | +7.2% |
| Equity | 10/15 | €94,980 | €46,078 | -€48,901 | -51.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €82,580 | €33,678 | -€48,901 | -59.2% |
| Distributable reserves | 133 | €82,580 | €33,678 | -€48,901 | -59.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €334,825 | €414,648 | +€79,822 | +23.8% |
| Amounts payable after more than one year | 17 | €80,044 | €74,500 | -€5,544 | -6.9% |
| Financial debts | 170/4 | €80,044 | €74,500 | -€5,544 | -6.9% |
| Amounts payable within one year | 42/48 | €253,556 | €340,148 | +€86,592 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €33,933 | €32,121 | -€1,812 | -5.3% |
| Trade debts | 44 | €9,023 | €16,814 | +€7,792 | +86.4% |
| Suppliers | 440/4 | €9,023 | €16,814 | +€7,792 | +86.4% |
| Taxes, remuneration and social security | 45 | €9,919 | €54,681 | +€44,762 | +451.3% |
| Taxes | 450/3 | €9,919 | €54,681 | +€44,762 | +451.3% |
| Other amounts payable | 47/48 | €200,681 | €236,531 | +€35,850 | +17.9% |
| Accrued charges and deferred income | 492/3 | €1,225 | €0 | -€1,225 | -100.0% |
| Non-recurring operating income | 76A | €230,106 | €0 | -€230,106 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €841 | €574 | -€266 | -31.7% |
| Other operating charges | 640/8 | €16,945 | €1,910 | -€15,035 | -88.7% |
| Non-recurring operating charges | 66A | €230,106 | €0 | -€230,106 | -100.0% |
| Gross operating margin | 9900 | €261,454 | €15,676 | -€245,778 | -94.0% |
| Operating profit (loss) | 9901 | €13,563 | €13,191 | -€371 | -2.7% |
| Financial income | 75/76B | €2,635 | €3,306 | +€671 | +25.4% |
| Recurring financial income | 75 | €2,635 | €3,306 | +€671 | +25.4% |
| Financial charges | 65/66B | €7,727 | €9,912 | +€2,185 | +28.3% |
| Recurring financial charges | 65 | €7,727 | €9,912 | +€2,185 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | €8,471 | €6,585 | -€1,886 | -22.3% |
| Income taxes | 67/77 | €508 | €55,486 | +€54,979 | +10829.4% |
| Profit (loss) for the period | 9904 | €7,963 | -€48,901 | -€56,864 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,963 | -€48,901 | -€56,864 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.