Solar System Energy: what changed
Solar System Energy
Largest movements
- Receivables within one year +€658,888
up €658,888 (+20.4%), from €3.2m to €3.9m
- Cash -€333,088
down €333,088 (-99.9%), from €333,255 to €167
mainly Receivables within one year (-€658,888) and Contributions, distributions and other (-€400,322)
- Deferred charges and accrued income -€180,753
down €180,753 (-100%), from €180,753 to €0
- Reserves +€215,198
up €215,198 (+6.4%), from €3.4m to €3.6m
of which Distributable reserves: +€215,198
- Debts after one year -€112,353
down €112,353 (-27.7%), from €405,937 to €293,584
- Financial income -€138,827
down €138,827 (-15.4%), from €903,162 to €764,335
- Gross operating margin -€12,807
down €12,807 (-28.8%), from -€44,509 to -€57,317
- Taxes -€9,068
down €9,068 (-12.1%), from €75,221 to €66,153
- Financial charges -€6,070
down €6,070 (-20.2%), from €30,069 to €23,999
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,516,056 | €4,661,103 | +€145,047 | +3.2% |
| Fixed assets | 21/28 | €766,001 | €766,001 | = | 0.0% |
| Financial fixed assets | 28 | €766,001 | €766,001 | = | 0.0% |
| Current assets | 29/58 | €3,750,055 | €3,895,102 | +€145,047 | +3.9% |
| Amounts receivable within one year | 40/41 | €3,236,047 | €3,894,934 | +€658,888 | +20.4% |
| Other amounts receivable | 41 | €3,236,047 | €3,894,934 | +€658,888 | +20.4% |
| Cash at bank and in hand | 54/58 | €333,255 | €167 | -€333,088 | -99.9% |
| Deferred charges and accrued income | 490/1 | €180,753 | €0 | -€180,753 | -100% |
| Total equity and liabilities | 10/49 | €4,516,056 | €4,661,103 | +€145,047 | +3.2% |
| Equity | 10/15 | €3,403,666 | €3,618,864 | +€215,198 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,385,066 | €3,600,264 | +€215,198 | +6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,383,206 | €3,598,404 | +€215,198 | +6.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,112,390 | €1,042,239 | -€70,151 | -6.3% |
| Amounts payable after more than one year | 17 | €405,937 | €293,584 | -€112,353 | -27.7% |
| Other amounts payable | 178/9 | €405,937 | €293,584 | -€112,353 | -27.7% |
| Amounts payable within one year | 42/48 | €706,453 | €748,655 | +€42,202 | +6.0% |
| Financial debts | 43 | €0 | €19,252 | +€19,252 | |
| Credit institutions | 430/8 | €0 | €19,252 | +€19,252 | |
| Trade debts | 44 | €1,263 | €3,856 | +€2,592 | +205% |
| Suppliers | 440/4 | €1,263 | €3,856 | +€2,592 | +205% |
| Taxes, remuneration and social security | 45 | €154,171 | €141,630 | -€12,540 | -8.1% |
| Taxes | 450/3 | €154,171 | €141,630 | -€12,540 | -8.1% |
| Other amounts payable | 47/48 | €551,019 | €583,917 | +€32,898 | +6.0% |
| Other operating charges | 640/8 | €1,148 | €1,345 | +€197 | +17.2% |
| Gross operating margin | 9900 | -€44,509 | -€57,317 | -€12,807 | -28.8% |
| Operating profit (loss) | 9901 | -€45,657 | -€58,662 | -€13,005 | -28.5% |
| Financial income | 75/76B | €903,162 | €764,335 | -€138,827 | -15.4% |
| Recurring financial income | 75 | €903,162 | €764,335 | -€138,827 | -15.4% |
| Financial charges | 65/66B | €30,069 | €23,999 | -€6,070 | -20.2% |
| Recurring financial charges | 65 | €30,069 | €23,999 | -€6,070 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €827,436 | €681,673 | -€145,762 | -17.6% |
| Income taxes | 67/77 | €75,221 | €66,153 | -€9,068 | -12.1% |
| Profit (loss) for the period | 9904 | €752,214 | €615,520 | -€136,694 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €752,214 | €615,520 | -€136,694 | -18.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.