SOLLERTEC: 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.
SOLLERTEC
Largest movements
- Cash +€343,492
up €343,492 (+51.1%), from €672,835 to €1.0m
mainly Receivables within one year (+€240,069) and Net result for the year (+€193,417)
- Receivables within one year -€240,069
down €240,069 (-43.2%), from €555,171 to €315,102
of which Trade receivables: -€233,810
- Tangible fixed assets -€20,474
down €20,474 (-22.2%), from €92,178 to €71,704
of which Furniture and vehicles: -€12,876
- Other debts +€130,356
up €130,356 (+98.3%), from €132,624 to €262,981
- Debts after one year -€81,187
down €81,187 (-32.7%), from €248,617 to €167,430
- Reserves +€57,050
up €57,050 (+5.7%), from €1.0m to €1.1m
- Short-term financial debts -€39,583
down €39,583 (-57.6%), from €68,750 to €29,167
- Gross operating margin +€82,884
up €82,884 (+23.4%), from €353,771 to €436,656
- Taxes +€26,049
up €26,049 (+44.2%), from €58,944 to €84,993
- Write-downs +€17,563
new in 2025: €17,563
- Depreciation -€14,891
down €14,891 (-28.3%), from €52,565 to €37,674
- Financial charges +€9,174
up €9,174 (+59.6%), from €15,390 to €24,564
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 | €1,701,131 | €1,772,889 | +€71,759 | +4.2% |
| Fixed assets | 21/28 | €92,178 | €71,704 | -€20,474 | -22.2% |
| Tangible fixed assets | 22/27 | €92,178 | €71,704 | -€20,474 | -22.2% |
| Plant, machinery and equipment | 23 | €12,342 | €5,454 | -€6,888 | -55.8% |
| Furniture and vehicles | 24 | €23,684 | €10,808 | -€12,876 | -54.4% |
| Other tangible fixed assets | 26 | €56,152 | €55,442 | -€709 | -1.3% |
| Current assets | 29/58 | €1,608,953 | €1,701,185 | +€92,233 | +5.7% |
| Stocks and contracts in progress | 3 | €372,582 | €360,981 | -€11,601 | -3.1% |
| Stocks | 30/36 | €322,582 | €360,981 | +€38,399 | +11.9% |
| Contracts in progress | 37 | €50,000 | €0 | -€50,000 | -100% |
| Amounts receivable within one year | 40/41 | €555,171 | €315,102 | -€240,069 | -43.2% |
| Trade receivables | 40 | €364,967 | €131,157 | -€233,810 | -64.1% |
| Other amounts receivable | 41 | €190,204 | €183,944 | -€6,259 | -3.3% |
| Cash at bank and in hand | 54/58 | €672,835 | €1,016,327 | +€343,492 | +51.1% |
| Deferred charges and accrued income | 490/1 | €8,365 | €8,776 | +€411 | +4.9% |
| Total equity and liabilities | 10/49 | €1,701,131 | €1,772,889 | +€71,759 | +4.2% |
| Equity | 10/15 | €1,026,938 | €1,083,988 | +€57,050 | +5.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,006,938 | €1,063,988 | +€57,050 | +5.7% |
| Distributable reserves | 133 | €1,006,938 | €1,063,988 | +€57,050 | +5.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €674,193 | €688,902 | +€14,709 | +2.2% |
| Amounts payable after more than one year | 17 | €248,617 | €167,430 | -€81,187 | -32.7% |
| Financial debts | 170/4 | €248,617 | €167,430 | -€81,187 | -32.7% |
| Amounts payable within one year | 42/48 | €417,369 | €515,356 | +€97,988 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €79,676 | €81,187 | +€1,510 | +1.9% |
| Financial debts | 43 | €68,750 | €29,167 | -€39,583 | -57.6% |
| Credit institutions | 430/8 | €68,750 | €29,167 | -€39,583 | -57.6% |
| Trade debts | 44 | €104,633 | €106,597 | +€1,963 | +1.9% |
| Suppliers | 440/4 | €104,633 | €106,597 | +€1,963 | +1.9% |
| Taxes, remuneration and social security | 45 | €31,685 | €35,426 | +€3,741 | +11.8% |
| Taxes | 450/3 | €12,718 | €17,825 | +€5,107 | +40.2% |
| Remuneration and social security | 454/9 | €18,967 | €17,600 | -€1,367 | -7.2% |
| Other amounts payable | 47/48 | €132,624 | €262,981 | +€130,356 | +98.3% |
| Accrued charges and deferred income | 492/3 | €8,207 | €6,115 | -€2,092 | -25.5% |
| Remuneration, social security and pensions | 62 | €92,851 | €84,827 | -€8,025 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,565 | €37,674 | -€14,891 | -28.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,563 | +€17,563 | |
| Other operating charges | 640/8 | €3,512 | €2,896 | -€616 | -17.5% |
| Gross operating margin | 9900 | €353,771 | €436,656 | +€82,884 | +23.4% |
| Operating profit (loss) | 9901 | €204,843 | €293,696 | +€88,854 | +43.4% |
| Financial income | 75/76B | €6,702 | €9,277 | +€2,576 | +38.4% |
| Recurring financial income | 75 | €6,702 | €9,277 | +€2,576 | +38.4% |
| Financial charges | 65/66B | €15,390 | €24,564 | +€9,174 | +59.6% |
| Recurring financial charges | 65 | €15,390 | €24,564 | +€9,174 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | €196,155 | €278,410 | +€82,255 | +41.9% |
| Income taxes | 67/77 | €58,944 | €84,993 | +€26,049 | +44.2% |
| Profit (loss) for the period | 9904 | €137,211 | €193,417 | +€56,206 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €137,211 | €193,417 | +€56,206 | +41.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.