SOLAR SYSTEM TECHNOLOGY: 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 SYSTEM TECHNOLOGY
Largest movements
- Receivables within one year +€120,115
up €120,115 (+54.1%), from €222,110 to €342,226
- Other debts +€511,156
up €511,156, from €0 to €511,156
- Reserves -€201,694
down €201,694 (-100.0%), from €201,694 to €0
- Tax, wage and social debts -€191,978
down €191,978 (-97.5%), from €196,898 to €4,920
- Financial income +€92,524
up €92,524 (+43.3%), from €213,685 to €306,209
- Taxes -€3,660
down €3,660 (-85.3%), from €4,290 to €630
- Gross operating margin +€1,980
up €1,980 (+35.7%), from -€5,540 to -€3,560
- Financial charges +€659
up €659 (+84.7%), from €778 to €1,438
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 | €425,617 | €544,419 | +€118,802 | +27.9% |
| Fixed assets | 21/28 | €201,272 | €201,272 | = | 0.0% |
| Financial fixed assets | 28 | €201,272 | €201,272 | = | 0.0% |
| Current assets | 29/58 | €224,345 | €343,147 | +€118,802 | +53.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €222,110 | €342,226 | +€120,115 | +54.1% |
| Other amounts receivable | 41 | €222,110 | €342,226 | +€120,115 | +54.1% |
| Cash at bank and in hand | 54/58 | €2,235 | €921 | -€1,314 | -58.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €425,617 | €544,419 | +€118,802 | +27.9% |
| Equity | 10/15 | €220,294 | €18,600 | -€201,694 | -91.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,694 | €0 | -€201,694 | -100.0% |
| Distributable reserves | 133 | €201,694 | €0 | -€201,694 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €205,323 | €525,819 | +€320,496 | +156.1% |
| Amounts payable within one year | 42/48 | €205,323 | €525,819 | +€320,496 | +156.1% |
| Financial debts | 43 | €76 | €0 | -€76 | -100.0% |
| Credit institutions | 430/8 | €76 | €0 | -€76 | -100.0% |
| Trade debts | 44 | €8,350 | €9,743 | +€1,393 | +16.7% |
| Suppliers | 440/4 | €8,350 | €9,743 | +€1,393 | +16.7% |
| Taxes, remuneration and social security | 45 | €196,898 | €4,920 | -€191,978 | -97.5% |
| Taxes | 450/3 | €196,898 | €4,920 | -€191,978 | -97.5% |
| Other amounts payable | 47/48 | €0 | €511,156 | +€511,156 | |
| Other operating charges | 640/8 | €1,382 | €1,328 | -€54 | -3.9% |
| Gross operating margin | 9900 | -€5,540 | -€3,560 | +€1,980 | +35.7% |
| Operating profit (loss) | 9901 | -€6,922 | -€4,889 | +€2,034 | +29.4% |
| Financial income | 75/76B | €213,685 | €306,209 | +€92,524 | +43.3% |
| Recurring financial income | 75 | €213,685 | €306,209 | +€92,524 | +43.3% |
| Financial charges | 65/66B | €778 | €1,438 | +€659 | +84.7% |
| Recurring financial charges | 65 | €778 | €1,438 | +€659 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | €205,984 | €299,882 | +€93,898 | +45.6% |
| Income taxes | 67/77 | €4,290 | €630 | -€3,660 | -85.3% |
| Profit (loss) for the period | 9904 | €201,694 | €299,252 | +€97,558 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €201,694 | €299,252 | +€97,558 | +48.4% |
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 7 October 2026 via checked.be.