SOLELECTRICS: 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.
SOLELECTRICS
Largest movements
- Cash -€31,938
down €31,938 (-54.7%), from €58,353 to €26,415
mainly Contributions, distributions and other (-€51,840) and Debts after one year (-€22,312)
- Receivables within one year +€21,327
up €21,327 (+166%), from €12,829 to €34,156
of which Trade receivables: +€14,974
- Tangible fixed assets -€17,242
down €17,242 (-18.6%), from €92,762 to €75,520
of which Land and buildings: -€14,400
- Deferred charges and accrued income -€2,490
down €2,490 (-60.6%), from €4,106 to €1,616
- Reserves -€51,840
down €51,840 (-41.0%), from €126,382 to €74,543
- Other debts +€49,838
up €49,838 (+2,489%), from €2,002 to €51,840
- Debts after one year -€22,312
down €22,312 (-79.5%), from €28,057 to €5,745
- Profit (loss) carried forward -€14,384
down €14,384 (-51.5%), from -€27,932 to -€42,316
- Tax, wage and social debts +€6,889
up €6,889 (+758%), from €909 to €7,798
of which Taxes: +€4,812
- Gross operating margin +€12,297
up €12,297, from -€4,371 to €7,926
- Depreciation -€1,188
down €1,188 (-6.4%), from €18,430 to €17,242
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 | €168,050 | €137,707 | -€30,343 | -18.1% |
| Fixed assets | 21/28 | €92,762 | €75,520 | -€17,242 | -18.6% |
| Tangible fixed assets | 22/27 | €92,762 | €75,520 | -€17,242 | -18.6% |
| Land and buildings | 22 | €86,400 | €72,000 | -€14,400 | -16.7% |
| Plant, machinery and equipment | 23 | €2,621 | €1,164 | -€1,457 | -55.6% |
| Furniture and vehicles | 24 | €3,740 | €2,356 | -€1,385 | -37.0% |
| Current assets | 29/58 | €75,288 | €62,187 | -€13,101 | -17.4% |
| Amounts receivable within one year | 40/41 | €12,829 | €34,156 | +€21,327 | +166% |
| Trade receivables | 40 | €12,360 | €27,334 | +€14,974 | +121% |
| Other amounts receivable | 41 | €469 | €6,822 | +€6,353 | +1,355% |
| Cash at bank and in hand | 54/58 | €58,353 | €26,415 | -€31,938 | -54.7% |
| Deferred charges and accrued income | 490/1 | €4,106 | €1,616 | -€2,490 | -60.6% |
| Total equity and liabilities | 10/49 | €168,050 | €137,707 | -€30,343 | -18.1% |
| Equity | 10/15 | €110,850 | €44,626 | -€66,223 | -59.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €126,382 | €74,543 | -€51,840 | -41.0% |
| Distributable reserves | 133 | €126,382 | €74,543 | -€51,840 | -41.0% |
| Profit (loss) carried forward | 14 | -€27,932 | -€42,316 | -€14,384 | -51.5% |
| Amounts payable | 17/49 | €57,200 | €93,080 | +€35,880 | +62.7% |
| Amounts payable after more than one year | 17 | €28,057 | €5,745 | -€22,312 | -79.5% |
| Financial debts | 170/4 | €28,057 | €5,745 | -€22,312 | -79.5% |
| Amounts payable within one year | 42/48 | €27,415 | €85,519 | +€58,104 | +212% |
| Current portion of amounts payable after more than one year | 42 | €21,279 | €22,312 | +€1,033 | +4.9% |
| Trade debts | 44 | €3,225 | €3,569 | +€344 | +10.7% |
| Suppliers | 440/4 | €3,225 | €3,569 | +€344 | +10.7% |
| Taxes, remuneration and social security | 45 | €909 | €7,798 | +€6,889 | +758% |
| Taxes | 450/3 | €909 | €5,721 | +€4,812 | +529% |
| Remuneration and social security | 454/9 | €0 | €2,077 | +€2,077 | |
| Other amounts payable | 47/48 | €2,002 | €51,840 | +€49,838 | +2,489% |
| Accrued charges and deferred income | 492/3 | €1,728 | €1,816 | +€88 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,430 | €17,242 | -€1,188 | -6.4% |
| Other operating charges | 640/8 | €2,466 | €2,429 | -€36 | -1.5% |
| Gross operating margin | 9900 | -€4,371 | €7,926 | +€12,297 | |
| Operating profit (loss) | 9901 | -€25,267 | -€11,745 | +€13,522 | +53.5% |
| Financial income | 75/76B | €15 | €0 | -€14 | -97.4% |
| Recurring financial income | 75 | €15 | €0 | -€14 | -97.4% |
| Financial charges | 65/66B | €2,482 | €2,458 | -€24 | -1.0% |
| Recurring financial charges | 65 | €2,482 | €2,458 | -€24 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,734 | -€14,203 | +€13,532 | +48.8% |
| Income taxes | 67/77 | €198 | €181 | -€17 | -8.7% |
| Profit (loss) for the period | 9904 | -€27,932 | -€14,384 | +€13,549 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,932 | -€14,384 | +€13,549 | +48.5% |
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 30 October 2026 via checked.be.