SOLARIS: what changed
Two fiscal 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.
SOLARIS
Largest movements
- Cash -€69,338
down €69,338 (-45.8%), from €151,390 to €82,052
mainly Trade debts (-€124,314) and Receivables within one year (-€34,310)
- Receivables within one year +€34,310
up €34,310 (+17.0%), from €201,693 to €236,003
of which Other amounts receivable: +€35,508
- Deferred charges and accrued income +€25,511
up €25,511 (+2456.7%), from €1,038 to €26,549
- Tangible fixed assets -€22,148
down €22,148 (-16.2%), from €136,973 to €114,825
of which Plant, machinery and equipment: -€18,105
- Trade debts -€124,314
down €124,314 (-94.9%), from €130,931 to €6,617
- Debts after one year +€58,162
up €58,162 (+423.2%), from €13,744 to €71,905
- Profit (loss) carried forward +€31,318
up €31,318 (+13.2%), from €237,548 to €268,866
- Current portion of long-term debt +€20,249
up €20,249 (+64.0%), from €31,627 to €51,876
- Short-term financial debts -€13,213
down €13,213 (-76.3%), from €17,309 to €4,096
- Depreciation +€15,690
up €15,690 (+45.5%), from €34,457 to €50,148
- Other operating charges +€13,206
up €13,206 (+406.2%), from €3,251 to €16,457
- Financial charges +€8,298
up €8,298 (+218.9%), from €3,791 to €12,090
- Taxes -€7,081
down €7,081 (-39.4%), from €17,994 to €10,913
- Staff costs +€6,604
up €6,604 (+10.8%), from €60,873 to €67,477
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 | €496,534 | €464,248 | -€32,286 | -6.5% |
| Fixed assets | 21/28 | €136,973 | €114,825 | -€22,148 | -16.2% |
| Tangible fixed assets | 22/27 | €136,973 | €114,825 | -€22,148 | -16.2% |
| Plant, machinery and equipment | 23 | €32,341 | €14,236 | -€18,105 | -56.0% |
| Furniture and vehicles | 24 | €104,632 | €100,589 | -€4,042 | -3.9% |
| Current assets | 29/58 | €359,561 | €349,423 | -€10,138 | -2.8% |
| Stocks and contracts in progress | 3 | €5,439 | €4,819 | -€620 | -11.4% |
| Stocks | 30/36 | €5,439 | €4,819 | -€620 | -11.4% |
| Amounts receivable within one year | 40/41 | €201,693 | €236,003 | +€34,310 | +17.0% |
| Trade receivables | 40 | €1,198 | €0 | -€1,198 | -100.0% |
| Other amounts receivable | 41 | €200,495 | €236,003 | +€35,508 | +17.7% |
| Cash at bank and in hand | 54/58 | €151,390 | €82,052 | -€69,338 | -45.8% |
| Deferred charges and accrued income | 490/1 | €1,038 | €26,549 | +€25,511 | +2456.7% |
| Total equity and liabilities | 10/49 | €496,534 | €464,248 | -€32,286 | -6.5% |
| Equity | 10/15 | €258,008 | €289,326 | +€31,318 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €237,548 | €268,866 | +€31,318 | +13.2% |
| Amounts payable | 17/49 | €238,526 | €174,922 | -€63,604 | -26.7% |
| Amounts payable after more than one year | 17 | €13,744 | €71,905 | +€58,162 | +423.2% |
| Financial debts | 170/4 | €13,744 | €71,905 | +€58,162 | +423.2% |
| Amounts payable within one year | 42/48 | €224,783 | €103,017 | -€121,766 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €31,627 | €51,876 | +€20,249 | +64.0% |
| Financial debts | 43 | €17,309 | €4,096 | -€13,213 | -76.3% |
| Credit institutions | 430/8 | €17,309 | €4,096 | -€13,213 | -76.3% |
| Trade debts | 44 | €130,931 | €6,617 | -€124,314 | -94.9% |
| Suppliers | 440/4 | €130,931 | €6,617 | -€124,314 | -94.9% |
| Taxes, remuneration and social security | 45 | €44,916 | €40,429 | -€4,488 | -10.0% |
| Taxes | 450/3 | €42,217 | €35,421 | -€6,796 | -16.1% |
| Remuneration and social security | 454/9 | €2,699 | €5,007 | +€2,308 | +85.5% |
| Remuneration, social security and pensions | 62 | €60,873 | €67,477 | +€6,604 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,457 | €50,148 | +€15,690 | +45.5% |
| Other operating charges | 640/8 | €3,251 | €16,457 | +€13,206 | +406.2% |
| Non-recurring operating charges | 66A | €13,651 | €7,558 | -€6,092 | -44.6% |
| Gross operating margin | 9900 | €191,578 | €195,828 | +€4,250 | +2.2% |
| Operating profit (loss) | 9901 | €79,346 | €54,187 | -€25,158 | -31.7% |
| Financial income | 75/76B | €1 | €134 | +€133 | +10120.6% |
| Recurring financial income | 75 | €1 | €134 | +€133 | +10120.6% |
| Financial charges | 65/66B | €3,791 | €12,090 | +€8,298 | +218.9% |
| Recurring financial charges | 65 | €3,791 | €12,090 | +€8,298 | +218.9% |
| Profit (loss) for the period before taxes | 9903 | €75,556 | €42,232 | -€33,324 | -44.1% |
| Income taxes | 67/77 | €17,994 | €10,913 | -€7,081 | -39.4% |
| Profit (loss) for the period | 9904 | €57,562 | €31,318 | -€26,243 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €57,562 | €31,318 | -€26,243 | -45.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.