SOLARITY: 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.
SOLARITY
Largest movements
- Receivables within one year +€3,632
up €3,632 (+35.7%), from €10,178 to €13,810
of which Trade receivables: +€4,374
- Cash +€3,119
up €3,119 (+27.3%), from €11,431 to €14,550
mainly Trade debts (+€17,532) and Tax, wage and social debts (+€6,128)
- Stocks and contracts -€1,732
down €1,732 (-43.0%), from €4,031 to €2,300
- Tangible fixed assets -€1,027
down €1,027 (-17.1%), from €6,001 to €4,974
of which Other tangible fixed assets: -€592
- Profit (loss) carried forward -€23,343
down €23,343 (-30.5%), from -€76,600 to -€99,943
- Trade debts +€17,532
up €17,532 (+584.1%), from €3,002 to €20,534
- Tax, wage and social debts +€6,128
up €6,128 (+1428.5%), from €429 to €6,556
- Debts after one year +€3,731
up €3,731 (+4.3%), from €86,240 to €89,971
- Gross operating margin +€7,169
up €7,169 (+24.7%), from -€28,987 to -€21,818
- Other operating charges -€1,060
down €1,060 (-69.4%), from €1,527 to €468
- Depreciation -€533
down €533 (-34.2%), from €1,560 to €1,027
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 | €31,670 | €35,719 | +€4,048 | +12.8% |
| Fixed assets | 21/28 | €6,030 | €5,003 | -€1,027 | -17.0% |
| Tangible fixed assets | 22/27 | €6,001 | €4,974 | -€1,027 | -17.1% |
| Land and buildings | 22 | €989 | €871 | -€118 | -12.0% |
| Furniture and vehicles | 24 | €317 | - | -€317 | |
| Other tangible fixed assets | 26 | €4,696 | €4,104 | -€592 | -12.6% |
| Financial fixed assets | 28 | €29 | €29 | = | 0.0% |
| Current assets | 29/58 | €25,640 | €30,715 | +€5,075 | +19.8% |
| Stocks and contracts in progress | 3 | €4,031 | €2,300 | -€1,732 | -43.0% |
| Stocks | 30/36 | €4,031 | €2,300 | -€1,732 | -43.0% |
| Amounts receivable within one year | 40/41 | €10,178 | €13,810 | +€3,632 | +35.7% |
| Trade receivables | 40 | €9,437 | €13,810 | +€4,374 | +46.3% |
| Other amounts receivable | 41 | €741 | - | -€741 | |
| Cash at bank and in hand | 54/58 | €11,431 | €14,550 | +€3,119 | +27.3% |
| Deferred charges and accrued income | 490/1 | - | €55 | +€55 | |
| Total equity and liabilities | 10/49 | €31,670 | €35,719 | +€4,048 | +12.8% |
| Equity | 10/15 | -€58,000 | -€81,343 | -€23,343 | -40.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,600 | -€99,943 | -€23,343 | -30.5% |
| Amounts payable | 17/49 | €89,670 | €117,061 | +€27,391 | +30.5% |
| Amounts payable after more than one year | 17 | €86,240 | €89,971 | +€3,731 | +4.3% |
| Other amounts payable | 178/9 | €86,240 | €89,971 | +€3,731 | +4.3% |
| Amounts payable within one year | 42/48 | €3,431 | €27,090 | +€23,660 | +689.7% |
| Trade debts | 44 | €3,002 | €20,534 | +€17,532 | +584.1% |
| Suppliers | 440/4 | €3,002 | €20,534 | +€17,532 | +584.1% |
| Taxes, remuneration and social security | 45 | €429 | €6,556 | +€6,128 | +1428.5% |
| Taxes | 450/3 | €429 | €6,556 | +€6,128 | +1428.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,560 | €1,027 | -€533 | -34.2% |
| Other operating charges | 640/8 | €1,527 | €468 | -€1,060 | -69.4% |
| Non-recurring operating charges | 66A | €630 | - | -€630 | |
| Gross operating margin | 9900 | -€28,987 | -€21,818 | +€7,169 | +24.7% |
| Operating profit (loss) | 9901 | -€32,704 | -€23,312 | +€9,392 | +28.7% |
| Financial charges | 65/66B | €96 | €85 | -€10 | -10.7% |
| Recurring financial charges | 65 | €96 | €85 | -€10 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,799 | -€23,398 | +€9,402 | +28.7% |
| Income taxes | 67/77 | -€22 | -€55 | -€33 | -149.9% |
| Profit (loss) for the period | 9904 | -€32,778 | -€23,343 | +€9,435 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,778 | -€23,343 | +€9,435 | +28.8% |
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 10 October 2026 via checked.be.