E.J. SOINS: 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.
E.J. SOINS
Largest movements
- Cash +€14,008
up €14,008 (+36.0%), from €38,933 to €52,941
mainly Depreciation (+€10,945) and Net result for the year (+€8,731)
- Tangible fixed assets -€8,678
down €8,678 (-27.5%), from €31,610 to €22,932
- Deferred charges and accrued income +€1,515
up €1,515 (+163%), from €930 to €2,445
- Profit (loss) carried forward +€8,731
up €8,731 (+19.2%), from €45,450 to €54,181
- Debts after one year -€2,747
down €2,747 (-38.6%), from €7,116 to €4,369
- Other debts +€1,250
up €1,250 (+58.0%), from €2,155 to €3,405
- Depreciation +€1,362
up €1,362 (+14.2%), from €9,583 to €10,945
- Gross operating margin -€795
down €795 (-2.6%), from €30,532 to €29,737
- Staff costs -€766
down €766 (-25.9%), from €2,960 to €2,194
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 | €73,973 | €80,818 | +€6,845 | +9.3% |
| Fixed assets | 21/28 | €31,610 | €22,932 | -€8,678 | -27.5% |
| Tangible fixed assets | 22/27 | €31,610 | €22,932 | -€8,678 | -27.5% |
| Furniture and vehicles | 24 | €31,610 | €22,932 | -€8,678 | -27.5% |
| Current assets | 29/58 | €42,363 | €57,886 | +€15,523 | +36.6% |
| Amounts receivable within one year | 40/41 | €2,500 | €2,500 | = | 0.0% |
| Trade receivables | 40 | €2,500 | €2,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,933 | €52,941 | +€14,008 | +36.0% |
| Deferred charges and accrued income | 490/1 | €930 | €2,445 | +€1,515 | +163% |
| Total equity and liabilities | 10/49 | €73,973 | €80,818 | +€6,845 | +9.3% |
| Equity | 10/15 | €53,510 | €62,241 | +€8,731 | +16.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,450 | €54,181 | +€8,731 | +19.2% |
| Amounts payable | 17/49 | €20,463 | €18,577 | -€1,886 | -9.2% |
| Amounts payable after more than one year | 17 | €7,116 | €4,369 | -€2,747 | -38.6% |
| Financial debts | 170/4 | €7,116 | €4,369 | -€2,747 | -38.6% |
| Amounts payable within one year | 42/48 | €11,355 | €12,150 | +€795 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €4,152 | €4,275 | +€123 | +3.0% |
| Trade debts | 44 | €988 | €941 | -€47 | -4.8% |
| Suppliers | 440/4 | €988 | €941 | -€47 | -4.8% |
| Taxes, remuneration and social security | 45 | €4,060 | €3,529 | -€531 | -13.1% |
| Taxes | 450/3 | €4,060 | €3,529 | -€531 | -13.1% |
| Other amounts payable | 47/48 | €2,155 | €3,405 | +€1,250 | +58.0% |
| Accrued charges and deferred income | 492/3 | €1,992 | €2,058 | +€66 | +3.3% |
| Remuneration, social security and pensions | 62 | €2,960 | €2,194 | -€766 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,583 | €10,945 | +€1,362 | +14.2% |
| Other operating charges | 640/8 | €660 | €707 | +€47 | +7.1% |
| Gross operating margin | 9900 | €30,532 | €29,737 | -€795 | -2.6% |
| Operating profit (loss) | 9901 | €17,329 | €15,891 | -€1,438 | -8.3% |
| Financial income | 75/76B | €63 | €204 | +€141 | +224% |
| Recurring financial income | 75 | €63 | €204 | +€141 | +224% |
| Non-recurring financial income | 76B | €63 | €204 | +€141 | +224% |
| Financial charges | 65/66B | €2,102 | €1,849 | -€253 | -12.0% |
| Recurring financial charges | 65 | €2,102 | €1,849 | -€253 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €15,290 | €14,246 | -€1,044 | -6.8% |
| Income taxes | 67/77 | €5,809 | €5,515 | -€294 | -5.1% |
| Profit (loss) for the period | 9904 | €9,481 | €8,731 | -€750 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,481 | €8,731 | -€750 | -7.9% |
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 24 October 2026 via checked.be.