SOLAUROR: 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.
SOLAUROR
Largest movements
- Tangible fixed assets +€341,511
up €341,511 (+68.8%), from €496,673 to €838,184
of which Land and buildings: +€811,834
- Financial fixed assets +€80,000
up €80,000 (+5,472%), from €1,462 to €81,462
- Cash -€27,404
down €27,404 (-43.1%), from €63,549 to €36,145
mainly Investment in fixed assets (net) (-€443,427) and Net result for the year (-€13,494)
- Receivables after one year -€15,000
no longer reported in 2025 (was €15,000)
- Other debts +€395,130
up €395,130 (+84.5%), from €467,816 to €862,947
- Reserves -€13,494
down €13,494 (-10.9%), from €124,043 to €110,550
- Depreciation -€4,239
down €4,239 (-16.2%), from €26,156 to €21,916
- Gross operating margin -€4,215
down €4,215 (-27.1%), from €15,565 to €11,350
- Other operating charges +€928
up €928 (+67.8%), from €1,368 to €2,296
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.
Derived cash bridge
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 | €604,653 | €982,515 | +€377,862 | +62.5% |
| Fixed assets | 21/28 | €498,135 | €919,646 | +€421,511 | +84.6% |
| Tangible fixed assets | 22/27 | €496,673 | €838,184 | +€341,511 | +68.8% |
| Land and buildings | 22 | - | €811,834 | +€811,834 | |
| Plant, machinery and equipment | 23 | €495,565 | - | -€495,565 | |
| Furniture and vehicles | 24 | €1,108 | €26,350 | +€25,242 | +2,277% |
| Financial fixed assets | 28 | €1,462 | €81,462 | +€80,000 | +5,472% |
| Current assets | 29/58 | €106,518 | €62,869 | -€43,649 | -41.0% |
| Amounts receivable after more than one year | 29 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 291 | €15,000 | - | -€15,000 | |
| Amounts receivable within one year | 40/41 | €25,676 | €22,551 | -€3,126 | -12.2% |
| Trade receivables | 40 | €25,676 | €15,473 | -€10,203 | -39.7% |
| Other amounts receivable | 41 | - | €7,077 | +€7,077 | |
| Cash at bank and in hand | 54/58 | €63,549 | €36,145 | -€27,404 | -43.1% |
| Deferred charges and accrued income | 490/1 | €2,292 | €4,174 | +€1,881 | +82.1% |
| Total equity and liabilities | 10/49 | €604,653 | €982,515 | +€377,862 | +62.5% |
| Equity | 10/15 | €130,043 | €116,550 | -€13,494 | -10.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €124,043 | €110,550 | -€13,494 | -10.9% |
| Distributable reserves | 133 | €124,043 | €110,550 | -€13,494 | -10.9% |
| Amounts payable | 17/49 | €474,610 | €865,966 | +€391,356 | +82.5% |
| Amounts payable within one year | 42/48 | €474,610 | €865,966 | +€391,356 | +82.5% |
| Trade debts | 44 | €5,663 | €2,439 | -€3,224 | -56.9% |
| Suppliers | 440/4 | €5,663 | €2,439 | -€3,224 | -56.9% |
| Taxes, remuneration and social security | 45 | €1,131 | €580 | -€551 | -48.7% |
| Taxes | 450/3 | €1,131 | €580 | -€551 | -48.7% |
| Other amounts payable | 47/48 | €467,816 | €862,947 | +€395,130 | +84.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,156 | €21,916 | -€4,239 | -16.2% |
| Other operating charges | 640/8 | €1,368 | €2,296 | +€928 | +67.8% |
| Non-recurring operating charges | 66A | €292 | - | -€292 | |
| Gross operating margin | 9900 | €15,565 | €11,350 | -€4,215 | -27.1% |
| Operating profit (loss) | 9901 | -€12,251 | -€12,863 | -€612 | -5.0% |
| Financial charges | 65/66B | €69 | €51 | -€18 | -25.8% |
| Recurring financial charges | 65 | €69 | €51 | -€18 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,320 | -€12,914 | -€594 | -4.8% |
| Income taxes | 67/77 | €463 | €580 | +€117 | +25.3% |
| Profit (loss) for the period | 9904 | -€12,783 | -€13,494 | -€711 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,783 | -€13,494 | -€711 | -5.6% |
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 28 October 2026 via checked.be.