SOLARKRAFT: 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.
SOLARKRAFT
Largest movements
- Tangible fixed assets +€606,745
up €606,745 (+149.9%), from €404,712 to €1.0m
of which Land and buildings: +€619,354
- Intangible fixed assets +€85,074
up €85,074 (+526.6%), from €16,156 to €101,231
- Cash +€40,518
up €40,518 (+39.7%), from €102,064 to €142,582
mainly Debts after one year (+€445,314) and Other debts (+€372,136)
- Debts after one year +€445,314
new in 2025: €445,314
- Other debts +€372,136
up €372,136 (+269.2%), from €138,251 to €510,388
- Trade debts -€98,837
down €98,837 (-26.8%), from €369,153 to €270,316
- Current portion of long-term debt +€24,691
new in 2025: €24,691
- Gross operating margin +€71,072
up €71,072, from -€310 to €70,762
- Financial charges +€29,461
up €29,461 (+2225.0%), from €1,324 to €30,785
- Depreciation +€25,578
up €25,578 (+1021.8%), from €2,503 to €28,081
- Other operating charges +€18,979
up €18,979 (+3273.1%), from €580 to €19,559
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 | €532,687 | €1,268,329 | +€735,642 | +138.1% |
| Fixed assets | 21/28 | €420,868 | €1,112,687 | +€691,819 | +164.4% |
| Intangible fixed assets | 21 | €16,156 | €101,231 | +€85,074 | +526.6% |
| Tangible fixed assets | 22/27 | €404,712 | €1,011,456 | +€606,745 | +149.9% |
| Land and buildings | 22 | €382,089 | €1,001,443 | +€619,354 | +162.1% |
| Assets under construction and advance payments | 27 | €22,622 | €10,013 | -€12,610 | -55.7% |
| Current assets | 29/58 | €111,819 | €155,642 | +€43,823 | +39.2% |
| Amounts receivable within one year | 40/41 | €9,755 | €13,060 | +€3,305 | +33.9% |
| Trade receivables | 40 | €3,265 | €9,640 | +€6,375 | +195.2% |
| Other amounts receivable | 41 | €6,490 | €3,420 | -€3,070 | -47.3% |
| Cash at bank and in hand | 54/58 | €102,064 | €142,582 | +€40,518 | +39.7% |
| Total equity and liabilities | 10/49 | €532,687 | €1,268,329 | +€735,642 | +138.1% |
| Equity | 10/15 | €25,283 | €17,620 | -€7,663 | -30.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,717 | -€12,380 | -€7,663 | -162.5% |
| Amounts payable | 17/49 | €507,404 | €1,250,709 | +€743,305 | +146.5% |
| Amounts payable after more than one year | 17 | - | €445,314 | +€445,314 | |
| Financial debts | 170/4 | - | €445,314 | +€445,314 | |
| Amounts payable within one year | 42/48 | €507,404 | €805,395 | +€297,991 | +58.7% |
| Current portion of amounts payable after more than one year | 42 | - | €24,691 | +€24,691 | |
| Trade debts | 44 | €369,153 | €270,316 | -€98,837 | -26.8% |
| Suppliers | 440/4 | €369,153 | €270,316 | -€98,837 | -26.8% |
| Other amounts payable | 47/48 | €138,251 | €510,388 | +€372,136 | +269.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €28,081 | +€25,578 | +1021.8% |
| Other operating charges | 640/8 | €580 | €19,559 | +€18,979 | +3273.1% |
| Gross operating margin | 9900 | -€310 | €70,762 | +€71,072 | |
| Operating profit (loss) | 9901 | -€3,393 | €23,122 | +€26,515 | |
| Financial charges | 65/66B | €1,324 | €30,785 | +€29,461 | +2225.0% |
| Recurring financial charges | 65 | €1,324 | €30,785 | +€29,461 | +2225.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,717 | -€7,663 | -€2,947 | -62.5% |
| Profit (loss) for the period | 9904 | -€4,717 | -€7,663 | -€2,947 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,717 | -€7,663 | -€2,947 | -62.5% |
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.