SOLARBUILD 8000: what changed
What changed
SOLARBUILD 8000
NACE 35.110, Production of electricity from non-renewable sources
filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €522,544+€574,092
Equity
€3.3m
2024 · €2.2m+€1.1m
Cash
€2.0m
2024 · €81,642+€1.9m
Balance sheet total
€25.8m
2024 · €27.9m-€2.1m
Largest movements
Assets
- Tangible fixed assets -€2.6m
down €2.6m (-16.7%), from €15.8m to €13.1m
of which Plant, machinery and equipment: -€2.6m
- Cash +€1.9m
up €1.9m (+2,305%), from €81,642 to €2.0m
mainly Depreciation (+€3.3m) and Other debts (+€1.9m)
- Receivables within one year -€894,301
down €894,301 (-52.1%), from €1.7m to €822,976
of which Trade receivables: -€931,269
- Intangible fixed assets -€413,598
down €413,598 (-4.3%), from €9.7m to €9.3m
Equity and liabilities
- Debts after one year -€2.9m
down €2.9m (-14.6%), from €19.9m to €17.0m
of which Financial debts: -€2.9m
- Trade debts -€2.1m
down €2.1m (-75.4%), from €2.8m to €679,584
- Other debts +€1.9m
up €1.9m (+184,861%), from €1,044 to €1.9m
- Reserves +€1.1m
up €1.1m (+50.5%), from €2.2m to €3.3m
of which Distributable reserves: +€1.1m
Income statement
- Gross operating margin +€872,518
up €872,518 (+21.2%), from €4.1m to €5.0m
- Taxes +€355,451
up €355,451 (+2,426%), from €14,649 to €370,100
- Financial charges -€55,786
down €55,786 (-21.9%), from €254,708 to €198,922
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.
Result 2024
€522,544
Gross operating margin
+€872,518
Depreciation
-€1,399
Other operating charges
-€29
Other operating items
-€3,645
Financial income
+€6,311
Financial charges
+€55,786
Taxes
-€355,451
Result 2025
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5.1m
Investment
-€274,163
Financing
-€3.0m
Cash 2024
€81,642
From operations (derived)
+€5.1m
Net result for the year
+€1.1m
Depreciation
+€3.3m
Receivables within one year
+€894,301
Deferred charges and accrued income
+€1,956
Trade debts
-€2.1m
Tax, wage and social debts
-€62,043
Other debts
+€1.9m
Investment (derived)
-€274,163
Investment in fixed assets (net)
-€274,163
Financing
-€3.0m
Debts after one year
-€2.9m
Current portion of long-term debt
-€32,747
Contributions, distributions and other
-€1
Cash 2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,912,331 | €25,835,356 | -€2.1m | -7.4% |
| Formation expenses | 20 | €26,722 | €18,276 | -€8,446 | -31.6% |
| Fixed assets | 21/28 | €25,971,335 | €22,916,833 | -€3.1m | -11.8% |
| Intangible fixed assets | 21 | €9,685,081 | €9,271,483 | -€413,598 | -4.3% |
| Tangible fixed assets | 22/27 | €15,785,681 | €13,144,773 | -€2.6m | -16.7% |
| Land and buildings | 22 | €21,899 | €18,278 | -€3,621 | -16.5% |
| Plant, machinery and equipment | 23 | €15,763,782 | €13,126,495 | -€2.6m | -16.7% |
| Financial fixed assets | 28 | €500,573 | €500,577 | +€4 | 0.0% |
| Current assets | 29/58 | €1,914,274 | €2,900,247 | +€985,973 | +51.5% |
| Amounts receivable within one year | 40/41 | €1,717,277 | €822,976 | -€894,301 | -52.1% |
| Trade receivables | 40 | €1,717,277 | €786,008 | -€931,269 | -54.2% |
| Other amounts receivable | 41 | - | €36,968 | +€36,968 | |
| Cash at bank and in hand | 54/58 | €81,642 | €1,963,872 | +€1.9m | +2,305% |
| Deferred charges and accrued income | 490/1 | €115,355 | €113,399 | -€1,956 | -1.7% |
| Total equity and liabilities | 10/49 | €27,912,331 | €25,835,356 | -€2.1m | -7.4% |
| Equity | 10/15 | €2,176,408 | €3,273,043 | +€1.1m | +50.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,170,208 | €3,266,843 | +€1.1m | +50.5% |
| 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 | €2,168,348 | €3,264,983 | +€1.1m | +50.6% |
| Amounts payable | 17/49 | €25,735,923 | €22,562,313 | -€3.2m | -12.3% |
| Amounts payable after more than one year | 17 | €19,937,376 | €17,017,250 | -€2.9m | -14.6% |
| Financial debts | 170/4 | €8,299,936 | €5,379,810 | -€2.9m | -35.2% |
| Other amounts payable | 178/9 | €11,637,440 | €11,637,440 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €5,798,547 | €5,545,063 | -€253,484 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €2,952,873 | €2,920,126 | -€32,747 | -1.1% |
| Trade debts | 44 | €2,768,130 | €679,584 | -€2.1m | -75.4% |
| Suppliers | 440/4 | €2,768,130 | €679,584 | -€2.1m | -75.4% |
| Taxes, remuneration and social security | 45 | €76,500 | €14,457 | -€62,043 | -81.1% |
| Taxes | 450/3 | €76,500 | €14,457 | -€62,043 | -81.1% |
| Other amounts payable | 47/48 | €1,044 | €1,930,896 | +€1.9m | +184,861% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,335,712 | €3,337,111 | +€1,399 | 0.0% |
| Other operating charges | 640/8 | €969 | €998 | +€29 | +2.9% |
| Non-recurring operating charges | 66A | - | €3,645 | +€3,645 | |
| Gross operating margin | 9900 | €4,119,888 | €4,992,406 | +€872,518 | +21.2% |
| Operating profit (loss) | 9901 | €783,206 | €1,650,652 | +€867,446 | +111% |
| Financial income | 75/76B | €8,695 | €15,006 | +€6,311 | +72.6% |
| Recurring financial income | 75 | €8,695 | €15,006 | +€6,311 | +72.6% |
| Financial charges | 65/66B | €254,708 | €198,922 | -€55,786 | -21.9% |
| Recurring financial charges | 65 | €254,708 | €198,922 | -€55,786 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €537,193 | €1,466,736 | +€929,543 | +173% |
| Income taxes | 67/77 | €14,649 | €370,100 | +€355,451 | +2,426% |
| Profit (loss) for the period | 9904 | €522,544 | €1,096,636 | +€574,092 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €522,544 | €1,096,636 | +€574,092 | +110% |
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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 7 November 2026 via checked.be.