BAR-SOHO: 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.
BAR-SOHO
Largest movements
- Receivables within one year -€30,695
down €30,695 (-90.9%), from €33,784 to €3,089
of which Other amounts receivable: -€28,864
- Cash +€18,061
up €18,061 (+62.3%), from €29,008 to €47,069
mainly Other debts (+€163,331) and Net result for the year (+€38,465)
- Formation expenses -€16,885
down €16,885 (-25.0%), from €67,538 to €50,654
- Tangible fixed assets -€3,501
down €3,501 (-20.8%), from €16,853 to €13,352
of which Furniture and vehicles: -€1,776
- Tax, wage and social debts -€247,922
down €247,922 (-75.4%), from €328,674 to €80,752
of which Taxes: -€232,559
- Other debts +€163,331
up €163,331 (+125%), from €130,746 to €294,077
- Profit (loss) carried forward +€38,465
up €38,465 (+8.0%), from -€478,263 to -€439,798
- Trade debts +€11,647
up €11,647 (+8.5%), from €136,472 to €148,119
- Financial charges -€133,668
down €133,668 (-98.3%), from €135,972 to €2,303
- Gross operating margin +€77,364
up €77,364 (+65.2%), from €118,641 to €196,005
- Other operating charges -€59,021
down €59,021 (-93.2%), from €63,343 to €4,322
- Staff costs -€54,177
down €54,177 (-29.3%), from €184,656 to €130,479
- Taxes -€14,371
down €14,371 (-99.7%), from €14,421 to €50
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.
Derived cash bridge
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 | €181,257 | €148,236 | -€33,020 | -18.2% |
| Formation expenses | 20 | €67,538 | €50,654 | -€16,885 | -25.0% |
| Fixed assets | 21/28 | €30,963 | €27,462 | -€3,501 | -11.3% |
| Tangible fixed assets | 22/27 | €16,853 | €13,352 | -€3,501 | -20.8% |
| Land and buildings | 22 | €440 | €440 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,367 | €2,227 | -€140 | -5.9% |
| Furniture and vehicles | 24 | €9,314 | €7,538 | -€1,776 | -19.1% |
| Other tangible fixed assets | 26 | €4,732 | €3,147 | -€1,586 | -33.5% |
| Financial fixed assets | 28 | €14,110 | €14,110 | = | 0.0% |
| Current assets | 29/58 | €82,756 | €70,121 | -€12,635 | -15.3% |
| Stocks and contracts in progress | 3 | €19,003 | €19,003 | = | 0.0% |
| Stocks | 30/36 | €19,003 | €19,003 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,784 | €3,089 | -€30,695 | -90.9% |
| Trade receivables | 40 | €2,679 | €848 | -€1,831 | -68.4% |
| Other amounts receivable | 41 | €31,105 | €2,241 | -€28,864 | -92.8% |
| Cash at bank and in hand | 54/58 | €29,008 | €47,069 | +€18,061 | +62.3% |
| Deferred charges and accrued income | 490/1 | €960 | €960 | = | 0.0% |
| Total equity and liabilities | 10/49 | €181,257 | €148,236 | -€33,020 | -18.2% |
| Equity | 10/15 | -€423,263 | -€384,798 | +€38,465 | +9.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€478,263 | -€439,798 | +€38,465 | +8.0% |
| Amounts payable | 17/49 | €604,520 | €533,034 | -€71,486 | -11.8% |
| Amounts payable after more than one year | 17 | €8,627 | €8,627 | = | 0.0% |
| Financial debts | 170/4 | €8,627 | €8,627 | = | 0.0% |
| Amounts payable within one year | 42/48 | €595,893 | €522,948 | -€72,944 | -12.2% |
| Trade debts | 44 | €136,472 | €148,119 | +€11,647 | +8.5% |
| Suppliers | 440/4 | €136,472 | €148,119 | +€11,647 | +8.5% |
| Taxes, remuneration and social security | 45 | €328,674 | €80,752 | -€247,922 | -75.4% |
| Taxes | 450/3 | €308,549 | €75,989 | -€232,559 | -75.4% |
| Remuneration and social security | 454/9 | €20,126 | €4,763 | -€15,363 | -76.3% |
| Other amounts payable | 47/48 | €130,746 | €294,077 | +€163,331 | +125% |
| Accrued charges and deferred income | 492/3 | - | €1,459 | +€1,459 | |
| Remuneration, social security and pensions | 62 | €184,656 | €130,479 | -€54,177 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,123 | €20,386 | -€737 | -3.5% |
| Other operating charges | 640/8 | €63,343 | €4,322 | -€59,021 | -93.2% |
| Gross operating margin | 9900 | €118,641 | €196,005 | +€77,364 | +65.2% |
| Operating profit (loss) | 9901 | -€150,480 | €40,819 | +€191,299 | |
| Financial income | 75/76B | €4,278 | - | -€4,278 | |
| Recurring financial income | 75 | €4,278 | - | -€4,278 | |
| Financial charges | 65/66B | €135,972 | €2,303 | -€133,668 | -98.3% |
| Recurring financial charges | 65 | €135,972 | €2,303 | -€133,668 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | -€282,174 | €38,515 | +€320,689 | |
| Income taxes | 67/77 | €14,421 | €50 | -€14,371 | -99.7% |
| Profit (loss) for the period | 9904 | -€296,595 | €38,465 | +€335,060 | |
| Profit (loss) for the period to be appropriated | 9905 | -€296,595 | €38,465 | +€335,060 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.