Skip to content

SolarBoost: 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.

What changed

SolarBoost

BE 0802.632.537
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€54,816
2024 · -€5,914+€60,730
Equity
€50,902
2024 · -€3,914+€54,816
Cash
€57,315
2024 · €15,308+€42,007
Balance sheet total
€119,019
2024 · €50,004+€69,015

Largest movements

2024 to 2025
Assets
  • Cash +€42,007

    up €42,007 (+274.4%), from €15,308 to €57,315

    mainly Net result for the year (+€54,816) and Accrued charges and deferred income (+€37,230)

  • Receivables within one year +€13,491

    up €13,491 (+78.2%), from €17,247 to €30,737

    of which Trade receivables: +€13,374

  • Tangible fixed assets +€12,826

    up €12,826 (+76.3%), from €16,800 to €29,626

    of which Plant, machinery and equipment: +€6,666

Equity and liabilities
  • Profit (loss) carried forward +€54,816

    up €54,816, from -€5,914 to €48,902

  • Trade debts -€40,854

    down €40,854 (-98.6%), from €41,427 to €573

  • Accrued charges and deferred income +€37,230

    new in 2025: €37,230

  • Tax, wage and social debts +€28,799

    up €28,799 (+1900.2%), from €1,516 to €30,314

    of which Taxes: +€21,664

  • Other debts -€10,976

    no longer reported in 2025 (was €10,976)

Income statement
  • Turnover -€185,882

    no longer reported in 2025 (was €185,882)

  • Purchases and services -€183,602

    no longer reported in 2025 (was €183,602)

  • Gross operating margin +€121,528

    up €121,528 (+5329.4%), from €2,280 to €123,808

  • Staff costs +€39,736

    up €39,736 (+1097.5%), from €3,620 to €43,357

  • Taxes +€15,070

    new in 2025: €15,070

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€5,914
Gross operating margin +€121,528
Staff costs -€39,736
Depreciation -€8,551
Other operating charges +€2,060
Financial income +€484
Financial charges +€15
Taxes -€15,070
Result 2025 €54,816

Cash bridge derived

cash 2024 to 2025

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.

From operations +€64,192
Investment -€22,184
Financing €0
Cash 2024 €15,308
Net result for the year +€54,816
Depreciation +€9,358
Receivables within one year -€13,491
Deferred charges and accrued income -€691
Trade debts -€40,854
Tax, wage and social debts +€28,799
Other debts -€10,976
Accrued charges and deferred income +€37,230
Investment in fixed assets (net) -€22,184
Cash 2025 €57,315
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €50,004 €119,019 +€69,015 +138.0%
Fixed assets 21/28 €17,450 €30,276 +€12,826 +73.5%
Tangible fixed assets 22/27 €16,800 €29,626 +€12,826 +76.3%
Plant, machinery and equipment 23 - €6,666 +€6,666
Furniture and vehicles 24 €16,800 €22,960 +€6,160 +36.7%
Financial fixed assets 28 €650 €650 = 0.0%
Current assets 29/58 €32,554 €88,743 +€56,189 +172.6%
Amounts receivable within one year 40/41 €17,247 €30,737 +€13,491 +78.2%
Trade receivables 40 €12,987 €26,360 +€13,374 +103.0%
Other amounts receivable 41 €4,260 €4,377 +€117 +2.7%
Cash at bank and in hand 54/58 €15,308 €57,315 +€42,007 +274.4%
Deferred charges and accrued income 490/1 - €691 +€691
Total equity and liabilities 10/49 €50,004 €119,019 +€69,015 +138.0%
Equity 10/15 -€3,914 €50,902 +€54,816
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 -€5,914 €48,902 +€54,816
Amounts payable 17/49 €53,918 €68,117 +€14,199 +26.3%
Amounts payable within one year 42/48 €53,918 €30,887 -€23,031 -42.7%
Trade debts 44 €41,427 €573 -€40,854 -98.6%
Suppliers 440/4 €41,427 €573 -€40,854 -98.6%
Taxes, remuneration and social security 45 €1,516 €30,314 +€28,799 +1900.2%
Taxes 450/3 €275 €21,938 +€21,664 +7888.9%
Remuneration and social security 454/9 €1,241 €8,376 +€7,135 +574.9%
Other amounts payable 47/48 €10,976 - -€10,976
Accrued charges and deferred income 492/3 - €37,230 +€37,230
Turnover 70 €185,882 - -€185,882
Goods, raw materials, services and sundry goods 60/61 €183,602 - -€183,602
Remuneration, social security and pensions 62 €3,620 €43,357 +€39,736 +1097.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €808 €9,358 +€8,551 +1058.9%
Other operating charges 640/8 €3,744 €1,684 -€2,060 -55.0%
Gross operating margin 9900 €2,280 €123,808 +€121,528 +5329.4%
Operating profit (loss) 9901 -€5,892 €69,409 +€75,301
Financial income 75/76B - €484 +€484
Recurring financial income 75 - €484 +€484
Financial charges 65/66B €22 €7 -€15 -66.9%
Recurring financial charges 65 €22 €7 -€15 -66.9%
Profit (loss) for the period before taxes 9903 -€5,914 €69,886 +€75,800
Income taxes 67/77 - €15,070 +€15,070
Profit (loss) for the period 9904 -€5,914 €54,816 +€60,730
Profit (loss) for the period to be appropriated 9905 -€5,914 €54,816 +€60,730

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.