Solare IT BELUX: 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.
Solare IT BELUX
Largest movements
- Cash +€263,723
up €263,723 (+58.9%), from €447,519 to €711,242
mainly Net result for the year (+€461,373) and Tax, wage and social debts (+€50,157)
- Receivables within one year +€247,317
up €247,317 (+130%), from €190,194 to €437,511
of which Trade receivables: +€253,107
- Tangible fixed assets -€14,309
down €14,309 (-54.1%), from €26,461 to €12,152
of which Plant, machinery and equipment: -€9,279
- Profit (loss) carried forward +€461,373
up €461,373, from -€106,341 to €355,032
- Tax, wage and social debts +€50,157
up €50,157 (+55.1%), from €91,002 to €141,159
of which Remuneration and social security: +€48,063
- Accrued charges and deferred income -€23,054
down €23,054 (-11.3%), from €204,620 to €181,565
- Trade debts +€17,925
up €17,925 (+14.3%), from €125,272 to €143,197
- Turnover +€307,538
up €307,538 (+12.3%), from €2.5m to €2.8m
- Services and other goods -€190,867
down €190,867 (-22.0%), from €869,269 to €678,402
- Goods and materials +€160,958
up €160,958 (+30.4%), from €529,035 to €689,993
- Staff costs +€71,600
up €71,600 (+8.6%), from €828,669 to €900,269
- Taxes +€67,209
up €67,209 (+3,564%), from €1,886 to €69,095
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 | €814,561 | €1,320,962 | +€506,401 | +62.2% |
| Fixed assets | 21/28 | €141,498 | €128,392 | -€13,106 | -9.3% |
| Intangible fixed assets | 21 | €10,797 | - | -€10,797 | |
| Tangible fixed assets | 22/27 | €26,461 | €12,152 | -€14,309 | -54.1% |
| Land and buildings | 22 | €644 | - | -€644 | |
| Plant, machinery and equipment | 23 | €14,732 | €5,453 | -€9,279 | -63.0% |
| Furniture and vehicles | 24 | €11,085 | €3,457 | -€7,629 | -68.8% |
| Other tangible fixed assets | 26 | - | €3,242 | +€3,242 | |
| Financial fixed assets | 28 | €104,240 | €116,240 | +€12,000 | +11.5% |
| Affiliated companies | 280/1 | €102,000 | €102,000 | = | 0.0% |
| Participating interests | 280 | €102,000 | €102,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,240 | €14,240 | +€12,000 | +536% |
| Amounts receivable and cash guarantees | 285/8 | €2,240 | €14,240 | +€12,000 | +536% |
| Current assets | 29/58 | €673,062 | €1,192,570 | +€519,507 | +77.2% |
| Amounts receivable within one year | 40/41 | €190,194 | €437,511 | +€247,317 | +130% |
| Trade receivables | 40 | €178,628 | €431,735 | +€253,107 | +142% |
| Other amounts receivable | 41 | €11,566 | €5,776 | -€5,790 | -50.1% |
| Cash at bank and in hand | 54/58 | €447,519 | €711,242 | +€263,723 | +58.9% |
| Deferred charges and accrued income | 490/1 | €35,349 | €43,816 | +€8,467 | +24.0% |
| Total equity and liabilities | 10/49 | €814,561 | €1,320,962 | +€506,401 | +62.2% |
| Equity | 10/15 | €393,668 | €855,040 | +€461,373 | +117% |
| Contributions | 10/11 | €212,500 | €212,500 | = | 0.0% |
| Capital | 10 | €212,500 | €212,500 | = | 0.0% |
| Issued capital | 100 | €212,500 | €212,500 | = | 0.0% |
| Reserves | 13 | €287,508 | €287,508 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,250 | €21,250 | = | 0.0% |
| Legal reserve | 130 | €21,250 | €21,250 | = | 0.0% |
| Distributable reserves | 133 | €266,258 | €266,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,341 | €355,032 | +€461,373 | |
| Amounts payable | 17/49 | €420,893 | €465,921 | +€45,028 | +10.7% |
| Amounts payable within one year | 42/48 | €216,273 | €284,356 | +€68,083 | +31.5% |
| Trade debts | 44 | €125,272 | €143,197 | +€17,925 | +14.3% |
| Suppliers | 440/4 | €125,272 | €143,197 | +€17,925 | +14.3% |
| Taxes, remuneration and social security | 45 | €91,002 | €141,159 | +€50,157 | +55.1% |
| Taxes | 450/3 | - | €2,095 | +€2,095 | |
| Remuneration and social security | 454/9 | €91,002 | €139,064 | +€48,063 | +52.8% |
| Accrued charges and deferred income | 492/3 | €204,620 | €181,565 | -€23,054 | -11.3% |
| Operating income | 70/76A | €2,521,193 | €2,830,068 | +€308,875 | +12.3% |
| Turnover | 70 | €2,501,897 | €2,809,435 | +€307,538 | +12.3% |
| Other operating income | 74 | €19,296 | €20,508 | +€1,212 | +6.3% |
| Non-recurring operating income | 76A | - | €125 | +€125 | |
| Operating charges | 60/66A | €2,280,596 | €2,297,703 | +€17,107 | +0.8% |
| Goods for resale, raw materials and consumables | 60 | €529,035 | €689,993 | +€160,958 | +30.4% |
| Purchases | 600/8 | €529,035 | €689,993 | +€160,958 | +30.4% |
| Services and other goods | 61 | €869,269 | €678,402 | -€190,867 | -22.0% |
| Remuneration, social security and pensions | 62 | €828,669 | €900,269 | +€71,600 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,201 | €28,549 | -€24,652 | -46.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€41 | - | +€41 | |
| Other operating charges | 640/8 | €463 | €490 | +€26 | +5.7% |
| Operating profit (loss) | 9901 | €240,597 | €532,365 | +€291,768 | +121% |
| Financial income | 75/76B | €1 | €29 | +€28 | +4,857% |
| Recurring financial income | 75 | €1 | €29 | +€28 | +4,857% |
| Other financial income | 752/9 | €1 | €29 | +€28 | +4,857% |
| Financial charges | 65/66B | €6,771 | €1,926 | -€4,844 | -71.5% |
| Recurring financial charges | 65 | €6,771 | €1,926 | -€4,844 | -71.5% |
| Debt charges | 650 | €3,792 | €1,749 | -€2,042 | -53.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €151 | +€151 | |
| Other financial charges | 652/9 | €2,979 | €26 | -€2,953 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | €233,827 | €530,467 | +€296,640 | +127% |
| Income taxes | 67/77 | €1,886 | €69,095 | +€67,209 | +3,564% |
| Taxes | 670/3 | €1,886 | €69,095 | +€67,209 | +3,564% |
| Profit (loss) for the period | 9904 | €231,942 | €461,373 | +€229,431 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €231,942 | €461,373 | +€229,431 | +98.9% |
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 20 October 2026 via checked.be.