BRECHT SOHIER: 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.
BRECHT SOHIER
Largest movements
- Cash +€99,571
up €99,571 (+106.2%), from €93,772 to €193,343
mainly Net result for the year (+€406,017) and Depreciation (+€22,928)
- Tangible fixed assets +€32,910
up €32,910 (+11.3%), from €290,930 to €323,840
of which Furniture and vehicles: +€41,719
- Reserves +€156,017
up €156,017 (+30.2%), from €516,955 to €672,972
of which Distributable reserves: +€156,017
- Tax, wage and social debts -€15,271
down €15,271 (-12.4%), from €122,770 to €107,498
- Gross operating margin +€72,598
up €72,598 (+14.2%), from €512,027 to €584,625
- Taxes +€29,035
up €29,035 (+23.1%), from €125,750 to €154,785
- Depreciation +€6,614
up €6,614 (+40.5%), from €16,313 to €22,928
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.
Cash bridge derived
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 | €773,693 | €910,386 | +€136,693 | +17.7% |
| Fixed assets | 21/28 | €290,930 | €323,840 | +€32,910 | +11.3% |
| Tangible fixed assets | 22/27 | €290,930 | €323,840 | +€32,910 | +11.3% |
| Land and buildings | 22 | €271,433 | €271,433 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,386 | €2,550 | -€837 | -24.7% |
| Furniture and vehicles | 24 | €8,138 | €49,857 | +€41,719 | +512.6% |
| Other tangible fixed assets | 26 | €7,972 | €0 | -€7,972 | -100.0% |
| Current assets | 29/58 | €482,763 | €586,546 | +€103,783 | +21.5% |
| Amounts receivable after more than one year | 29 | €370,403 | €370,403 | = | 0.0% |
| Other amounts receivable | 291 | €370,403 | €370,403 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,667 | €19,875 | +€4,208 | +26.9% |
| Trade receivables | 40 | €15,660 | €19,873 | +€4,213 | +26.9% |
| Other amounts receivable | 41 | €7 | €2 | -€5 | -66.3% |
| Cash at bank and in hand | 54/58 | €93,772 | €193,343 | +€99,571 | +106.2% |
| Deferred charges and accrued income | 490/1 | €2,921 | €2,925 | +€4 | +0.2% |
| Total equity and liabilities | 10/49 | €773,693 | €910,386 | +€136,693 | +17.7% |
| Equity | 10/15 | €546,955 | €702,972 | +€156,017 | +28.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €516,955 | €672,972 | +€156,017 | +30.2% |
| Non-distributable reserves | 130/1 | €3,360 | €3,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,360 | €3,360 | = | 0.0% |
| Distributable reserves | 133 | €513,595 | €669,612 | +€156,017 | +30.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €226,737 | €207,414 | -€19,324 | -8.5% |
| Amounts payable after more than one year | 17 | €23,349 | €30,133 | +€6,784 | +29.1% |
| Financial debts | 170/4 | €23,349 | €30,133 | +€6,784 | +29.1% |
| Amounts payable within one year | 42/48 | €203,388 | €177,281 | -€26,108 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €47,703 | €46,429 | -€1,273 | -2.7% |
| Trade debts | 44 | €16,104 | €7,738 | -€8,366 | -51.9% |
| Suppliers | 440/4 | €16,104 | €7,738 | -€8,366 | -51.9% |
| Advances received on contracts in progress | 46 | €881 | €0 | -€881 | -100.0% |
| Taxes, remuneration and social security | 45 | €122,770 | €107,498 | -€15,271 | -12.4% |
| Taxes | 450/3 | €122,770 | €107,498 | -€15,271 | -12.4% |
| Other amounts payable | 47/48 | €15,930 | €15,615 | -€315 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,313 | €22,928 | +€6,614 | +40.5% |
| Other operating charges | 640/8 | €853 | €4,388 | +€3,535 | +414.4% |
| Gross operating margin | 9900 | €512,027 | €584,625 | +€72,598 | +14.2% |
| Operating profit (loss) | 9901 | €494,861 | €557,309 | +€62,448 | +12.6% |
| Financial income | 75/76B | €7,408 | €7,408 | = | 0.0% |
| Recurring financial income | 75 | €7,408 | €7,408 | = | 0.0% |
| Financial charges | 65/66B | €3,202 | €3,915 | +€714 | +22.3% |
| Recurring financial charges | 65 | €3,202 | €3,915 | +€714 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €499,067 | €560,802 | +€61,735 | +12.4% |
| Income taxes | 67/77 | €125,750 | €154,785 | +€29,035 | +23.1% |
| Profit (loss) for the period | 9904 | €373,317 | €406,017 | +€32,700 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €373,317 | €406,017 | +€32,700 | +8.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.