Solar Shop: 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 Shop
Largest movements
- Stocks and contracts +€120,363
up €120,363 (+50.2%), from €239,748 to €360,111
- Cash -€58,851
down €58,851 (-89.3%), from €65,918 to €7,066
mainly Stocks and contracts (-€120,363) and Accrued charges and deferred income (-€109,588)
- Accrued charges and deferred income -€109,588
no longer reported in 2025 (was €109,588)
- Trade debts +€76,020
up €76,020 (+798%), from €9,525 to €85,545
- Advances received +€59,709
new in 2025: €59,709
- Debts after one year +€19,000
new in 2025: €19,000
- Profit (loss) carried forward +€12,385
up €12,385 (+94.7%), from €13,085 to €25,470
- Gross operating margin +€17,160
up €17,160 (+25.7%), from €66,897 to €84,057
- Taxes +€8,341
new in 2025: €8,341
- Staff costs +€5,353
up €5,353 (+10.8%), from €49,535 to €54,888
- Other operating charges +€2,824
up €2,824 (+183%), from €1,545 to €4,369
- Financial charges +€2,322
up €2,322 (+110%), from €2,118 to €4,440
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 | €375,145 | €431,518 | +€56,373 | +15.0% |
| Fixed assets | 21/28 | €26,904 | €23,232 | -€3,672 | -13.6% |
| Tangible fixed assets | 22/27 | €11,904 | €8,232 | -€3,672 | -30.8% |
| Plant, machinery and equipment | 23 | €3,701 | €2,080 | -€1,621 | -43.8% |
| Furniture and vehicles | 24 | €8,203 | €6,152 | -€2,051 | -25.0% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €348,241 | €408,286 | +€60,045 | +17.2% |
| Stocks and contracts in progress | 3 | €239,748 | €360,111 | +€120,363 | +50.2% |
| Stocks | 30/36 | €239,748 | €360,111 | +€120,363 | +50.2% |
| Amounts receivable within one year | 40/41 | €42,576 | €41,109 | -€1,467 | -3.4% |
| Trade receivables | 40 | €42,576 | €41,109 | -€1,467 | -3.4% |
| Cash at bank and in hand | 54/58 | €65,918 | €7,066 | -€58,851 | -89.3% |
| Total equity and liabilities | 10/49 | €375,145 | €431,518 | +€56,373 | +15.0% |
| Equity | 10/15 | €133,085 | €145,470 | +€12,385 | +9.3% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,085 | €25,470 | +€12,385 | +94.7% |
| Amounts payable | 17/49 | €242,060 | €286,048 | +€43,988 | +18.2% |
| Amounts payable after more than one year | 17 | - | €19,000 | +€19,000 | |
| Financial debts | 170/4 | - | €19,000 | +€19,000 | |
| Amounts payable within one year | 42/48 | €132,472 | €267,048 | +€134,576 | +102% |
| Trade debts | 44 | €9,525 | €85,545 | +€76,020 | +798% |
| Suppliers | 440/4 | €9,525 | €85,545 | +€76,020 | +798% |
| Advances received on contracts in progress | 46 | - | €59,709 | +€59,709 | |
| Taxes, remuneration and social security | 45 | €30,232 | €27,757 | -€2,476 | -8.2% |
| Taxes | 450/3 | €23,058 | €17,251 | -€5,807 | -25.2% |
| Remuneration and social security | 454/9 | €7,174 | €10,505 | +€3,331 | +46.4% |
| Other amounts payable | 47/48 | €92,714 | €94,037 | +€1,323 | +1.4% |
| Accrued charges and deferred income | 492/3 | €109,588 | - | -€109,588 | |
| Remuneration, social security and pensions | 62 | €49,535 | €54,888 | +€5,353 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,672 | €3,672 | = | 0.0% |
| Other operating charges | 640/8 | €1,545 | €4,369 | +€2,824 | +183% |
| Gross operating margin | 9900 | €66,897 | €84,057 | +€17,160 | +25.7% |
| Operating profit (loss) | 9901 | €12,145 | €21,129 | +€8,983 | +74.0% |
| Financial income | 75/76B | €3,058 | €4,038 | +€980 | +32.0% |
| Recurring financial income | 75 | €3,058 | €4,038 | +€980 | +32.0% |
| Financial charges | 65/66B | €2,118 | €4,440 | +€2,322 | +110% |
| Recurring financial charges | 65 | €2,118 | €4,440 | +€2,322 | +110% |
| Profit (loss) for the period before taxes | 9903 | €13,085 | €20,727 | +€7,642 | +58.4% |
| Income taxes | 67/77 | - | €8,341 | +€8,341 | |
| Profit (loss) for the period | 9904 | €13,085 | €12,385 | -€700 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,085 | €12,385 | -€700 | -5.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.