SOLARCYCLE: 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.
SOLARCYCLE
Largest movements
- Cash +€65,300
up €65,300 (+481%), from €13,573 to €78,873
mainly Receivables within one year (+€34,014) and Trade debts (+€20,883)
- Receivables within one year -€34,014
down €34,014 (-11.1%), from €305,083 to €271,069
of which Trade receivables: -€29,402
- Trade debts +€20,883
up €20,883 (+6.8%), from €306,789 to €327,671
- Profit (loss) carried forward +€9,223
up €9,223 (+83.8%), from -€11,004 to -€1,781
- Turnover +€402,363
up €402,363 (+95.3%), from €422,110 to €824,473
- Purchases and services +€379,904
up €379,904 (+87.3%), from €434,922 to €814,826
- Gross operating margin +€22,458
up €22,458, from -€12,812 to €9,647
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 | €319,836 | €349,941 | +€30,106 | +9.4% |
| Current assets | 29/58 | €319,836 | €349,941 | +€30,106 | +9.4% |
| Amounts receivable within one year | 40/41 | €305,083 | €271,069 | -€34,014 | -11.1% |
| Trade receivables | 40 | €245,441 | €216,039 | -€29,402 | -12.0% |
| Other amounts receivable | 41 | €59,642 | €55,030 | -€4,613 | -7.7% |
| Cash at bank and in hand | 54/58 | €13,573 | €78,873 | +€65,300 | +481% |
| Deferred charges and accrued income | 490/1 | €1,180 | €0 | -€1,180 | -100% |
| Total equity and liabilities | 10/49 | €319,836 | €349,941 | +€30,106 | +9.4% |
| Equity | 10/15 | -€9,004 | €219 | +€9,223 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,004 | -€1,781 | +€9,223 | +83.8% |
| Amounts payable | 17/49 | €328,840 | €349,723 | +€20,883 | +6.4% |
| Amounts payable within one year | 42/48 | €328,840 | €349,723 | +€20,883 | +6.4% |
| Trade debts | 44 | €306,789 | €327,671 | +€20,883 | +6.8% |
| Suppliers | 440/4 | €306,789 | €327,671 | +€20,883 | +6.8% |
| Other amounts payable | 47/48 | €22,052 | €22,052 | = | 0.0% |
| Turnover | 70 | €422,110 | €824,473 | +€402,363 | +95.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €434,922 | €814,826 | +€379,904 | +87.3% |
| Other operating charges | 640/8 | €2,487 | €400 | -€2,088 | -83.9% |
| Gross operating margin | 9900 | -€12,812 | €9,647 | +€22,458 | |
| Operating profit (loss) | 9901 | -€15,299 | €9,247 | +€24,546 | |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,323 | €9,223 | +€24,546 | |
| Income taxes | 67/77 | €1,960 | €0 | -€1,960 | -100% |
| Profit (loss) for the period | 9904 | -€17,283 | €9,223 | +€26,506 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,283 | €9,223 | +€26,506 |
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 14 October 2026 via checked.be.