SOLARENERGY: 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.
SOLARENERGY
Largest movements
- Receivables within one year -€7,736
down €7,736 (-99.4%), from €7,780 to €44
of which Trade receivables: -€7,780
- Cash -€3,842
no longer reported in 2025 (was €3,842)
mainly Tax, wage and social debts (-€16,926) and Investment in fixed assets (net) (-€2,464)
- Tangible fixed assets +€2,042
new in 2025: €2,042
- Deferred charges and accrued income -€879
down €879 (-86.2%), from €1,019 to €141
- Tax, wage and social debts -€16,926
down €16,926 (-69.7%), from €24,268 to €7,342
of which Taxes: -€17,676
- Reserves +€9,536
up €9,536 (+28.6%), from €33,285 to €42,821
- Current portion of long-term debt -€2,300
no longer reported in 2025 (was €2,300)
- Other debts -€1,720
down €1,720 (-65.7%), from €2,620 to €900
- Gross operating margin +€20,003
up €20,003, from -€5,945 to €14,058
- Staff costs -€16,265
down €16,265 (-97.2%), from €16,728 to €463
- Other operating charges +€1,007
up €1,007 (+105.2%), from €957 to €1,965
- Taxes +€591
up €591 (+217.7%), from €271 to €862
- Financial charges +€483
up €483 (+147.4%), from €328 to €811
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.
Cash bridge derived
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 | €67,642 | €57,227 | -€10,415 | -15.4% |
| Fixed assets | 21/28 | - | €2,042 | +€2,042 | |
| Tangible fixed assets | 22/27 | - | €2,042 | +€2,042 | |
| Furniture and vehicles | 24 | - | €2,042 | +€2,042 | |
| Current assets | 29/58 | €67,642 | €55,184 | -€12,457 | -18.4% |
| Amounts receivable after more than one year | 29 | €55,000 | €55,000 | = | 0.0% |
| Trade receivables | 290 | €55,000 | €55,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,780 | €44 | -€7,736 | -99.4% |
| Trade receivables | 40 | €7,780 | - | -€7,780 | |
| Other amounts receivable | 41 | - | €44 | +€44 | |
| Cash at bank and in hand | 54/58 | €3,842 | - | -€3,842 | |
| Deferred charges and accrued income | 490/1 | €1,019 | €141 | -€879 | -86.2% |
| Total equity and liabilities | 10/49 | €67,642 | €57,227 | -€10,415 | -15.4% |
| Equity | 10/15 | €36,285 | €45,821 | +€9,536 | +26.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,285 | €42,821 | +€9,536 | +28.6% |
| Distributable reserves | 133 | €33,285 | €42,821 | +€9,536 | +28.6% |
| Amounts payable | 17/49 | €31,356 | €11,405 | -€19,951 | -63.6% |
| Amounts payable within one year | 42/48 | €31,356 | €11,405 | -€19,951 | -63.6% |
| Current portion of amounts payable after more than one year | 42 | €2,300 | - | -€2,300 | |
| Financial debts | 43 | €235 | €570 | +€336 | +143.1% |
| Credit institutions | 430/8 | €235 | €570 | +€336 | +143.1% |
| Trade debts | 44 | €1,934 | €2,593 | +€659 | +34.1% |
| Suppliers | 440/4 | €1,934 | €2,593 | +€659 | +34.1% |
| Taxes, remuneration and social security | 45 | €24,268 | €7,342 | -€16,926 | -69.7% |
| Taxes | 450/3 | €24,268 | €6,592 | -€17,676 | -72.8% |
| Remuneration and social security | 454/9 | - | €750 | +€750 | |
| Other amounts payable | 47/48 | €2,620 | €900 | -€1,720 | -65.7% |
| Remuneration, social security and pensions | 62 | €16,728 | €463 | -€16,265 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €422 | +€422 | |
| Other operating charges | 640/8 | €957 | €1,965 | +€1,007 | +105.2% |
| Gross operating margin | 9900 | -€5,945 | €14,058 | +€20,003 | |
| Operating profit (loss) | 9901 | -€23,630 | €11,209 | +€34,839 | |
| Financial charges | 65/66B | €328 | €811 | +€483 | +147.4% |
| Recurring financial charges | 65 | €328 | €811 | +€483 | +147.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,958 | €10,398 | +€34,356 | |
| Income taxes | 67/77 | €271 | €862 | +€591 | +217.7% |
| Profit (loss) for the period | 9904 | -€24,229 | €9,536 | +€33,765 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,229 | €9,536 | +€33,765 |
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 12 October 2026 via checked.be.