Solarlab: 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.
Solarlab
Largest movements
- Stocks and contracts -€131,248
down €131,248 (-92.0%), from €142,690 to €11,441
of which Contracts in progress: -€118,226
- Cash -€123,201
down €123,201 (-53.8%), from €229,206 to €106,005
mainly Advances received (-€263,361) and Contributions, distributions and other (-€96,000)
- Tangible fixed assets -€21,006
down €21,006 (-6.6%), from €320,407 to €299,401
of which Land and buildings: -€14,863
- Advances received -€263,361
down €263,361 (-100.0%), from €263,361 to €0
- Other debts +€81,000
new in 2025: €81,000
- Tax, wage and social debts -€40,344
down €40,344 (-63.5%), from €63,486 to €23,143
- Debts after one year -€22,103
down €22,103 (-9.6%), from €229,552 to €207,450
- Trade debts -€21,801
down €21,801 (-67.2%), from €32,441 to €10,640
- Gross operating margin +€40,252
up €40,252 (+34.4%), from €117,159 to €157,411
- Taxes +€8,087
up €8,087 (+32.2%), from €25,077 to €33,164
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 | €719,331 | €448,676 | -€270,655 | -37.6% |
| Fixed assets | 21/28 | €320,407 | €299,401 | -€21,006 | -6.6% |
| Tangible fixed assets | 22/27 | €320,407 | €299,401 | -€21,006 | -6.6% |
| Land and buildings | 22 | €301,222 | €286,359 | -€14,863 | -4.9% |
| Plant, machinery and equipment | 23 | €16,281 | €11,321 | -€4,960 | -30.5% |
| Furniture and vehicles | 24 | €2,904 | €1,722 | -€1,182 | -40.7% |
| Current assets | 29/58 | €398,924 | €149,274 | -€249,650 | -62.6% |
| Stocks and contracts in progress | 3 | €142,690 | €11,441 | -€131,248 | -92.0% |
| Stocks | 30/36 | €24,464 | €11,441 | -€13,022 | -53.2% |
| Contracts in progress | 37 | €118,226 | €0 | -€118,226 | -100.0% |
| Amounts receivable within one year | 40/41 | €25,510 | €25,208 | -€303 | -1.2% |
| Trade receivables | 40 | €24,035 | €17,158 | -€6,878 | -28.6% |
| Other amounts receivable | 41 | €1,475 | €8,050 | +€6,575 | +445.8% |
| Cash at bank and in hand | 54/58 | €229,206 | €106,005 | -€123,201 | -53.8% |
| Deferred charges and accrued income | 490/1 | €1,518 | €6,620 | +€5,102 | +336.0% |
| Total equity and liabilities | 10/49 | €719,331 | €448,676 | -€270,655 | -37.6% |
| Equity | 10/15 | €109,396 | €104,342 | -€5,054 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,796 | €85,742 | -€5,054 | -5.6% |
| Distributable reserves | 133 | €90,796 | €85,742 | -€5,054 | -5.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €609,935 | €344,334 | -€265,601 | -43.5% |
| Amounts payable after more than one year | 17 | €229,552 | €207,450 | -€22,103 | -9.6% |
| Financial debts | 170/4 | €229,552 | €207,450 | -€22,103 | -9.6% |
| Amounts payable within one year | 42/48 | €380,302 | €136,885 | -€243,418 | -64.0% |
| Current portion of amounts payable after more than one year | 42 | €21,015 | €22,103 | +€1,088 | +5.2% |
| Trade debts | 44 | €32,441 | €10,640 | -€21,801 | -67.2% |
| Suppliers | 440/4 | €32,441 | €10,640 | -€21,801 | -67.2% |
| Advances received on contracts in progress | 46 | €263,361 | €0 | -€263,361 | -100.0% |
| Taxes, remuneration and social security | 45 | €63,486 | €23,143 | -€40,344 | -63.5% |
| Taxes | 450/3 | €63,486 | €23,143 | -€40,344 | -63.5% |
| Other amounts payable | 47/48 | - | €81,000 | +€81,000 | |
| Accrued charges and deferred income | 492/3 | €81 | €0 | -€81 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,314 | €21,006 | -€308 | -1.4% |
| Other operating charges | 640/8 | €4,863 | €5,056 | +€193 | +4.0% |
| Gross operating margin | 9900 | €117,159 | €157,411 | +€40,252 | +34.4% |
| Operating profit (loss) | 9901 | €90,982 | €131,349 | +€40,367 | +44.4% |
| Financial income | 75/76B | €0 | €196 | +€196 | +217922.2% |
| Recurring financial income | 75 | €0 | €196 | +€196 | +217922.2% |
| Financial charges | 65/66B | €6,607 | €7,436 | +€829 | +12.5% |
| Recurring financial charges | 65 | €6,607 | €7,436 | +€829 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €84,376 | €124,110 | +€39,734 | +47.1% |
| Income taxes | 67/77 | €25,077 | €33,164 | +€8,087 | +32.2% |
| Profit (loss) for the period | 9904 | €59,299 | €90,946 | +€31,647 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,299 | €90,946 | +€31,647 | +53.4% |
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.