SOLAREMA TRADING: 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.
SOLAREMA TRADING
Largest movements
- Stocks and contracts +€26,415
up €26,415 (+5.0%), from €528,453 to €554,867
- Cash -€10,796
down €10,796 (-47.6%), from €22,699 to €11,904
mainly Other debts (-€86,885) and Net result for the year (-€34,245)
- Receivables within one year -€10,075
down €10,075 (-64.0%), from €15,739 to €5,664
of which Trade receivables: -€10,075
- Trade debts +€124,338
up €124,338 (+104%), from €119,275 to €243,613
- Other debts -€86,885
down €86,885 (-77.5%), from €112,065 to €25,180
- Profit (loss) carried forward -€34,245
down €34,245 (-16.1%), from €213,244 to €178,999
- Turnover -€582,220
down €582,220 (-44.9%), from €1.3m to €715,150
- Purchases and services -€532,619
down €532,619 (-43.2%), from €1.2m to €700,723
- Gross operating margin -€46,240
down €46,240 (-72.0%), from €64,199 to €17,959
- Taxes -€18,119
no longer reported in 2025 (was €18,119)
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 | €598,377 | €603,229 | +€4,852 | +0.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €31,486 | €30,794 | -€692 | -2.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €692 | €0 | -€692 | -100% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | -€0 | -100% |
| Other tangible fixed assets | 26 | €692 | €0 | -€692 | -100% |
| Financial fixed assets | 28 | €30,794 | €30,794 | = | 0.0% |
| Current assets | 29/58 | €566,891 | €572,435 | +€5,544 | +1.0% |
| Stocks and contracts in progress | 3 | €528,453 | €554,867 | +€26,415 | +5.0% |
| Stocks | 30/36 | €528,453 | €554,867 | +€26,415 | +5.0% |
| Amounts receivable within one year | 40/41 | €15,739 | €5,664 | -€10,075 | -64.0% |
| Trade receivables | 40 | €15,739 | €5,664 | -€10,075 | -64.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €22,699 | €11,904 | -€10,796 | -47.6% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €598,377 | €603,229 | +€4,852 | +0.8% |
| Equity | 10/15 | €340,722 | €306,477 | -€34,245 | -10.1% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €53,109 | €53,109 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,614 | €7,614 | = | 0.0% |
| Legal reserve | 130 | €7,614 | €7,614 | = | 0.0% |
| Distributable reserves | 133 | €45,495 | €45,495 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,244 | €178,999 | -€34,245 | -16.1% |
| Amounts payable | 17/49 | €257,655 | €296,752 | +€39,096 | +15.2% |
| Amounts payable within one year | 42/48 | €257,655 | €296,752 | +€39,096 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €119,275 | €243,613 | +€124,338 | +104% |
| Suppliers | 440/4 | €119,275 | €243,613 | +€124,338 | +104% |
| Taxes, remuneration and social security | 45 | €11,315 | €12,959 | +€1,643 | +14.5% |
| Taxes | 450/3 | €980 | €11,799 | +€10,818 | +1,104% |
| Remuneration and social security | 454/9 | €10,335 | €1,160 | -€9,175 | -88.8% |
| Other amounts payable | 47/48 | €112,065 | €25,180 | -€86,885 | -77.5% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Turnover | 70 | €1,297,370 | €715,150 | -€582,220 | -44.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,233,342 | €700,723 | -€532,619 | -43.2% |
| Remuneration, social security and pensions | 62 | €36,504 | €47,821 | +€11,318 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €998 | €692 | -€306 | -30.6% |
| Other operating charges | 640/8 | €1,587 | €1,890 | +€303 | +19.1% |
| Gross operating margin | 9900 | €64,199 | €17,959 | -€46,240 | -72.0% |
| Operating profit (loss) | 9901 | €25,110 | -€32,444 | -€57,554 | |
| Financial charges | 65/66B | €1,791 | €1,801 | +€11 | +0.6% |
| Recurring financial charges | 65 | €1,791 | €1,801 | +€11 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €23,320 | -€34,245 | -€57,565 | |
| Income taxes | 67/77 | €18,119 | - | -€18,119 | |
| Profit (loss) for the period | 9904 | €5,201 | -€34,245 | -€39,446 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,201 | -€34,245 | -€39,446 |
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 23 October 2026 via checked.be.