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SolarPower Partners: 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.

What changed

SolarPower Partners

BE 0722.623.175
NACE 46.130, Agents in the wholesale of timber and building materials
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2,110
2023 · -€39,796+€41,905
Equity
-€7,280
2023 · -€23,389+€16,110
Cash
€1,904
2023 · €23,802-€21,898
Balance sheet total
€84,449
2023 · €395,728-€311,279

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€289,381

    down €289,381 (-77.8%), from €371,926 to €82,545

    of which Other amounts receivable: -€313,944

  • Cash -€21,898

    down €21,898 (-92.0%), from €23,802 to €1,904

    mainly Accrued charges and deferred income (-€349,158) and Trade debts (-€5,667)

Equity and liabilities
  • Accrued charges and deferred income -€349,158

    down €349,158 (-100.0%), from €349,158 to €0

  • Tax, wage and social debts +€25,621

    up €25,621 (+794.3%), from €3,226 to €28,846

  • Contributions +€14,000

    up €14,000 (+200.0%), from €7,000 to €21,000

  • Trade debts -€5,667

    down €5,667 (-8.5%), from €66,734 to €61,067

Income statement
  • Gross operating margin +€41,994

    up €41,994 (+247.9%), from €16,938 to €58,932

  • Other operating charges +€6,307

    up €6,307 (+14.0%), from €45,151 to €51,458

  • Financial charges -€5,049

    down €5,049 (-51.4%), from €9,826 to €4,778

  • Taxes -€1,168

    down €1,168 (-66.5%), from €1,756 to €588

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€39,796
Gross operating margin +€41,994
Other operating charges -€6,307
Financial income +€1
Financial charges +€5,049
Taxes +€1,168
Result 2024 €2,110

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€35,898
Investment €0
Financing +€14,000
Cash 2023 €23,802
Net result for the year +€2,110
Receivables within one year +€289,381
Trade debts -€5,667
Tax, wage and social debts +€25,621
Other debts +€1,816
Accrued charges and deferred income -€349,158
Contributions, distributions and other +€14,000
Cash 2024 €1,904
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €395,728 €84,449 -€311,279 -78.7%
Formation expenses 20 €0 - =
Current assets 29/58 €395,728 €84,449 -€311,279 -78.7%
Amounts receivable within one year 40/41 €371,926 €82,545 -€289,381 -77.8%
Trade receivables 40 - €24,563 +€24,563
Other amounts receivable 41 €371,926 €57,982 -€313,944 -84.4%
Cash at bank and in hand 54/58 €23,802 €1,904 -€21,898 -92.0%
Total equity and liabilities 10/49 €395,728 €84,449 -€311,279 -78.7%
Equity 10/15 -€23,389 -€7,280 +€16,110 +68.9%
Contributions 10/11 €7,000 €21,000 +€14,000 +200.0%
Profit (loss) carried forward 14 -€30,389 -€28,280 +€2,110 +6.9%
Amounts payable 17/49 €419,117 €91,729 -€327,389 -78.1%
Amounts payable within one year 42/48 €69,959 €91,729 +€21,769 +31.1%
Trade debts 44 €66,734 €61,067 -€5,667 -8.5%
Suppliers 440/4 €66,734 €61,067 -€5,667 -8.5%
Taxes, remuneration and social security 45 €3,226 €28,846 +€25,621 +794.3%
Taxes 450/3 €3,226 €28,846 +€25,621 +794.3%
Other amounts payable 47/48 - €1,816 +€1,816
Accrued charges and deferred income 492/3 €349,158 €0 -€349,158 -100.0%
Other operating charges 640/8 €45,151 €51,458 +€6,307 +14.0%
Gross operating margin 9900 €16,938 €58,932 +€41,994 +247.9%
Operating profit (loss) 9901 -€28,213 €7,474 +€35,688
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €9,826 €4,778 -€5,049 -51.4%
Recurring financial charges 65 €9,826 €4,778 -€5,049 -51.4%
Profit (loss) for the period before taxes 9903 -€38,040 €2,698 +€40,737
Income taxes 67/77 €1,756 €588 -€1,168 -66.5%
Profit (loss) for the period 9904 -€39,796 €2,110 +€41,905
Profit (loss) for the period to be appropriated 9905 -€39,796 €2,110 +€41,905

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.