SOLPOWER: 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.
SOLPOWER
Largest movements
- Tangible fixed assets -€17,364
down €17,364 (-13.9%), from €125,247 to €107,883
- Receivables within one year +€8,029
up €8,029 (+111%), from €7,217 to €15,246
of which Other amounts receivable: +€6,907
- Cash -€1,799
down €1,799 (-9.3%), from €19,351 to €17,552
mainly Current portion of long-term debt (-€14,470) and Receivables within one year (-€8,029)
- Current portion of long-term debt -€14,470
down €14,470 (-70.8%), from €20,427 to €5,957
- Reserves +€6,637
up €6,637 (+5.2%), from €127,657 to €134,294
of which Distributable reserves: +€6,637
- Debts after one year -€2,581
down €2,581 (-100%), from €2,581 to €0
- Gross operating margin -€26,060
down €26,060 (-47.9%), from €54,457 to €28,397
- Taxes -€8,346
down €8,346 (-72.9%), from €11,443 to €3,097
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 | €153,207 | €142,082 | -€11,125 | -7.3% |
| Fixed assets | 21/28 | €125,247 | €107,883 | -€17,364 | -13.9% |
| Tangible fixed assets | 22/27 | €125,247 | €107,883 | -€17,364 | -13.9% |
| Plant, machinery and equipment | 23 | €125,247 | €107,883 | -€17,364 | -13.9% |
| Current assets | 29/58 | €27,959 | €34,198 | +€6,239 | +22.3% |
| Amounts receivable within one year | 40/41 | €7,217 | €15,246 | +€8,029 | +111% |
| Trade receivables | 40 | €7,217 | €8,339 | +€1,122 | +15.5% |
| Other amounts receivable | 41 | €0 | €6,907 | +€6,907 | |
| Current investments | 50/53 | €1,391 | €1,401 | +€10 | +0.7% |
| Cash at bank and in hand | 54/58 | €19,351 | €17,552 | -€1,799 | -9.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €153,207 | €142,082 | -€11,125 | -7.3% |
| Equity | 10/15 | €127,657 | €134,294 | +€6,637 | +5.2% |
| Reserves | 13 | €127,657 | €134,294 | +€6,637 | +5.2% |
| Non-distributable reserves | 130/1 | €5,250 | €5,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,250 | €5,250 | = | 0.0% |
| Distributable reserves | 133 | €122,407 | €129,044 | +€6,637 | +5.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €25,550 | €7,788 | -€17,762 | -69.5% |
| Amounts payable after more than one year | 17 | €2,581 | €0 | -€2,581 | -100% |
| Financial debts | 170/4 | €2,581 | €0 | -€2,581 | -100% |
| Amounts payable within one year | 42/48 | €22,970 | €7,788 | -€15,181 | -66.1% |
| Current portion of amounts payable after more than one year | 42 | €20,427 | €5,957 | -€14,470 | -70.8% |
| Trade debts | 44 | €260 | €0 | -€260 | -100% |
| Suppliers | 440/4 | €260 | €0 | -€260 | -100% |
| Taxes, remuneration and social security | 45 | €2,101 | €1,650 | -€451 | -21.5% |
| Taxes | 450/3 | €2,101 | €1,650 | -€451 | -21.5% |
| Other amounts payable | 47/48 | €182 | €182 | = | 0.0% |
| Non-recurring operating income | 76A | €10 | €0 | -€10 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,364 | €17,364 | = | 0.0% |
| Other operating charges | 640/8 | €37 | €387 | +€350 | +949% |
| Gross operating margin | 9900 | €54,457 | €28,397 | -€26,060 | -47.9% |
| Operating profit (loss) | 9901 | €37,056 | €10,646 | -€26,410 | -71.3% |
| Financial income | 75/76B | €19 | €7 | -€11 | -61.3% |
| Recurring financial income | 75 | €19 | €7 | -€11 | -61.3% |
| Financial charges | 65/66B | €1,110 | €919 | -€191 | -17.2% |
| Recurring financial charges | 65 | €1,110 | €919 | -€191 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €35,964 | €9,734 | -€26,230 | -72.9% |
| Income taxes | 67/77 | €11,443 | €3,097 | -€8,346 | -72.9% |
| Profit (loss) for the period | 9904 | €24,521 | €6,637 | -€17,884 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,521 | €6,637 | -€17,884 | -72.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.