WIND AND SOLAR: 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.
WIND AND SOLAR
Largest movements
- Receivables within one year -€3,520
down €3,520 (-36.9%), from €9,539 to €6,019
- Profit (loss) carried forward -€3,967
down €3,967 (-31.5%), from -€12,589 to -€16,555
- Trade debts +€283
up €283 (+37.4%), from €756 to €1,039
- Gross operating margin -€2,878
down €2,878 (-4,381%), from -€66 to -€2,944
- Financial charges +€465
up €465 (+83.4%), from €558 to €1,023
- Other operating charges -€335
no longer reported in 2025 (was €335)
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 | €9,549 | €6,022 | -€3,527 | -36.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €9,549 | €6,022 | -€3,527 | -36.9% |
| Amounts receivable within one year | 40/41 | €9,539 | €6,019 | -€3,520 | -36.9% |
| Other amounts receivable | 41 | €9,539 | €6,019 | -€3,520 | -36.9% |
| Cash at bank and in hand | 54/58 | €10 | €3 | -€7 | -67.3% |
| Total equity and liabilities | 10/49 | €9,549 | €6,022 | -€3,527 | -36.9% |
| Equity | 10/15 | €7,411 | €3,445 | -€3,967 | -53.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,589 | -€16,555 | -€3,967 | -31.5% |
| Amounts payable | 17/49 | €2,138 | €2,577 | +€440 | +20.6% |
| Amounts payable within one year | 42/48 | €2,072 | €2,445 | +€373 | +18.0% |
| Trade debts | 44 | €756 | €1,039 | +€283 | +37.4% |
| Suppliers | 440/4 | €756 | €1,039 | +€283 | +37.4% |
| Other amounts payable | 47/48 | €1,316 | €1,406 | +€90 | +6.8% |
| Accrued charges and deferred income | 492/3 | €66 | €133 | +€67 | +102% |
| Other operating charges | 640/8 | €335 | - | -€335 | |
| Gross operating margin | 9900 | -€66 | -€2,944 | -€2,878 | -4,381% |
| Operating profit (loss) | 9901 | -€401 | -€2,944 | -€2,543 | -634% |
| Financial charges | 65/66B | €558 | €1,023 | +€465 | +83.4% |
| Recurring financial charges | 65 | €558 | €1,023 | +€465 | +83.4% |
| Profit (loss) for the period before taxes | 9903 | -€959 | -€3,967 | -€3,008 | -314% |
| Profit (loss) for the period | 9904 | -€959 | -€3,967 | -€3,008 | -314% |
| Profit (loss) for the period to be appropriated | 9905 | -€959 | -€3,967 | -€3,008 | -314% |
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.