BAB SOUK: what changed
Two fiscal 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.
BAB SOUK
Largest movements
- Receivables within one year +€38,378
up €38,378 (+29296.2%), from €131 to €38,509
of which Trade receivables: +€36,782
- Stocks and contracts +€18,430
up €18,430 (+14.6%), from €126,439 to €144,869
- Cash +€9,372
up €9,372 (+22.1%), from €42,455 to €51,827
mainly Net result for the year (+€63,933) and Other debts (+€36,000)
- Other debts +€36,000
new in 2024: €36,000
- Profit (loss) carried forward +€27,933
up €27,933 (+44.0%), from €63,446 to €91,379
- Trade debts +€25,978
up €25,978 (+49.4%), from €52,626 to €78,604
- Tax, wage and social debts -€24,887
down €24,887 (-50.9%), from €48,918 to €24,031
of which Taxes: -€13,413
- Staff costs -€30,134
down €30,134 (-49.2%), from €61,236 to €31,102
- Taxes -€3,614
down €3,614 (-36.6%), from €9,876 to €6,262
- Gross operating margin +€1,405
up €1,405 (+1.4%), from €103,359 to €104,764
- Depreciation +€1,333
up €1,333 (+26.8%), from €4,980 to €6,313
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,205 | €241,229 | +€65,024 | +36.9% |
| Fixed assets | 21/28 | €7,180 | €4,867 | -€2,313 | -32.2% |
| Tangible fixed assets | 22/27 | €7,180 | €4,867 | -€2,313 | -32.2% |
| Plant, machinery and equipment | 23 | €7,180 | €2,200 | -€4,980 | -69.4% |
| Furniture and vehicles | 24 | - | €2,667 | +€2,667 | |
| Current assets | 29/58 | €169,025 | €236,362 | +€67,337 | +39.8% |
| Stocks and contracts in progress | 3 | €126,439 | €144,869 | +€18,430 | +14.6% |
| Stocks | 30/36 | €126,439 | €144,869 | +€18,430 | +14.6% |
| Amounts receivable within one year | 40/41 | €131 | €38,509 | +€38,378 | +29296.2% |
| Trade receivables | 40 | - | €36,782 | +€36,782 | |
| Other amounts receivable | 41 | €131 | €1,727 | +€1,596 | +1218.3% |
| Cash at bank and in hand | 54/58 | €42,455 | €51,827 | +€9,372 | +22.1% |
| Deferred charges and accrued income | 490/1 | - | €1,157 | +€1,157 | |
| Total equity and liabilities | 10/49 | €176,205 | €241,229 | +€65,024 | +36.9% |
| Equity | 10/15 | €74,661 | €102,594 | +€27,933 | +37.4% |
| Contributions | 10/11 | €11,215 | €11,215 | = | 0.0% |
| Capital | 10 | €11,215 | €11,215 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €7,385 | €7,385 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,446 | €91,379 | +€27,933 | +44.0% |
| Amounts payable | 17/49 | €101,544 | €138,635 | +€37,091 | +36.5% |
| Amounts payable within one year | 42/48 | €101,544 | €138,635 | +€37,091 | +36.5% |
| Trade debts | 44 | €52,626 | €78,604 | +€25,978 | +49.4% |
| Suppliers | 440/4 | €52,626 | €78,604 | +€25,978 | +49.4% |
| Taxes, remuneration and social security | 45 | €48,918 | €24,031 | -€24,887 | -50.9% |
| Taxes | 450/3 | €13,413 | - | -€13,413 | |
| Remuneration and social security | 454/9 | €35,505 | €24,031 | -€11,474 | -32.3% |
| Other amounts payable | 47/48 | - | €36,000 | +€36,000 | |
| Remuneration, social security and pensions | 62 | €61,236 | €31,102 | -€30,134 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,980 | €6,313 | +€1,333 | +26.8% |
| Other operating charges | 640/8 | €335 | €270 | -€65 | -19.4% |
| Gross operating margin | 9900 | €103,359 | €104,764 | +€1,405 | +1.4% |
| Operating profit (loss) | 9901 | €36,808 | €67,079 | +€30,271 | +82.2% |
| Financial income | 75/76B | €2,707 | €3,122 | +€415 | +15.3% |
| Recurring financial income | 75 | €9 | €42 | +€33 | +366.7% |
| Non-recurring financial income | 76B | €2,698 | €3,080 | +€382 | +14.2% |
| Financial charges | 65/66B | €10 | €6 | -€4 | -40.0% |
| Recurring financial charges | 65 | €10 | €6 | -€4 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €39,505 | €70,195 | +€30,690 | +77.7% |
| Income taxes | 67/77 | €9,876 | €6,262 | -€3,614 | -36.6% |
| Profit (loss) for the period | 9904 | €29,629 | €63,933 | +€34,304 | +115.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,629 | €63,933 | +€34,304 | +115.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.