SolarCom: 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.
SolarCom
Largest movements
- Cash +€288,478
up €288,478 (+38.2%), from €754,598 to €1.0m
mainly Other debts (+€517,553) and Net result for the year (+€447,909)
- Receivables within one year -€103,068
down €103,068 (-55.2%), from €186,803 to €83,735
of which Other amounts receivable: -€98,703
- Tangible fixed assets +€32,385
up €32,385 (+49.8%), from €65,038 to €97,424
of which Furniture and vehicles: +€31,440
- Other debts +€517,553
up €517,553, from €0 to €517,553
- Reserves -€321,992
down €321,992 (-17.6%), from €1.8m to €1.5m
of which Distributable reserves: -€321,992
- Tax, wage and social debts +€21,512
up €21,512 (+44.8%), from €48,012 to €69,523
- Gross operating margin -€295,831
down €295,831 (-30.3%), from €977,607 to €681,776
- Taxes -€95,945
down €95,945 (-32.1%), from €299,228 to €203,284
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 | €1,888,117 | €2,105,587 | +€217,470 | +11.5% |
| Fixed assets | 21/28 | €65,038 | €97,424 | +€32,385 | +49.8% |
| Tangible fixed assets | 22/27 | €65,038 | €97,424 | +€32,385 | +49.8% |
| Plant, machinery and equipment | 23 | - | €945 | +€945 | |
| Furniture and vehicles | 24 | €65,038 | €96,479 | +€31,440 | +48.3% |
| Current assets | 29/58 | €1,823,078 | €2,008,163 | +€185,085 | +10.2% |
| Amounts receivable after more than one year | 29 | €878,254 | €878,254 | = | 0.0% |
| Other amounts receivable | 291 | €878,254 | €878,254 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €186,803 | €83,735 | -€103,068 | -55.2% |
| Trade receivables | 40 | €87,517 | €83,152 | -€4,365 | -5.0% |
| Other amounts receivable | 41 | €99,286 | €583 | -€98,703 | -99.4% |
| Cash at bank and in hand | 54/58 | €754,598 | €1,043,076 | +€288,478 | +38.2% |
| Deferred charges and accrued income | 490/1 | €3,423 | €3,098 | -€325 | -9.5% |
| Total equity and liabilities | 10/49 | €1,888,117 | €2,105,587 | +€217,470 | +11.5% |
| Equity | 10/15 | €1,839,645 | €1,517,653 | -€321,992 | -17.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,833,445 | €1,511,453 | -€321,992 | -17.6% |
| 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 | €1,831,585 | €1,509,593 | -€321,992 | -17.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,471 | €587,934 | +€539,462 | +1,113% |
| Amounts payable within one year | 42/48 | €48,471 | €587,934 | +€539,462 | +1,113% |
| Trade debts | 44 | €460 | €858 | +€398 | +86.6% |
| Suppliers | 440/4 | €460 | €858 | +€398 | +86.6% |
| Taxes, remuneration and social security | 45 | €48,012 | €69,523 | +€21,512 | +44.8% |
| Taxes | 450/3 | €48,012 | €69,523 | +€21,512 | +44.8% |
| Other amounts payable | 47/48 | €0 | €517,553 | +€517,553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,841 | €22,121 | +€4,281 | +24.0% |
| Other operating charges | 640/8 | €1,942 | €1,378 | -€564 | -29.1% |
| Gross operating margin | 9900 | €977,607 | €681,776 | -€295,831 | -30.3% |
| Operating profit (loss) | 9901 | €957,825 | €658,277 | -€299,548 | -31.3% |
| Financial income | 75/76B | €13,158 | €16,419 | +€3,261 | +24.8% |
| Recurring financial income | 75 | €13,158 | €16,419 | +€3,261 | +24.8% |
| Financial charges | 65/66B | €19,406 | €23,503 | +€4,097 | +21.1% |
| Recurring financial charges | 65 | €19,406 | €23,503 | +€4,097 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €951,576 | €651,193 | -€300,384 | -31.6% |
| Income taxes | 67/77 | €299,228 | €203,284 | -€95,945 | -32.1% |
| Profit (loss) for the period | 9904 | €652,348 | €447,909 | -€204,439 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €652,348 | €447,909 | -€204,439 | -31.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.