G.H. 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.
G.H. SOINS
Largest movements
- Receivables within one year -€17,112
down €17,112 (-87.1%), from €19,639 to €2,527
- Cash -€17,000
down €17,000 (-9.9%), from €172,106 to €155,106
mainly Contributions, distributions and other (-€50,000) and Tax, wage and social debts (-€14,823)
- Reserves -€20,000
down €20,000 (-17.9%), from €111,500 to €91,500
- Tax, wage and social debts -€14,823
down €14,823 (-41.5%), from €35,737 to €20,914
- Profit (loss) carried forward +€3,131
up €3,131 (+7.9%), from €39,588 to €42,719
- Trade debts -€2,420
down €2,420 (-100%), from €2,420 to €0
- Gross operating margin +€17,057
up €17,057 (+48.6%), from €35,106 to €52,163
- Taxes +€8,567
up €8,567 (+102%), from €8,433 to €17,000
- Other operating charges +€987
up €987 (+224%), from €441 to €1,428
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 | €191,745 | €157,633 | -€34,112 | -17.8% |
| Current assets | 29/58 | €191,745 | €157,633 | -€34,112 | -17.8% |
| Amounts receivable within one year | 40/41 | €19,639 | €2,527 | -€17,112 | -87.1% |
| Other amounts receivable | 41 | €19,639 | €2,527 | -€17,112 | -87.1% |
| Cash at bank and in hand | 54/58 | €172,106 | €155,106 | -€17,000 | -9.9% |
| Total equity and liabilities | 10/49 | €191,745 | €157,633 | -€34,112 | -17.8% |
| Equity | 10/15 | €153,588 | €136,719 | -€16,869 | -11.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €111,500 | €91,500 | -€20,000 | -17.9% |
| Distributable reserves | 133 | €111,500 | €91,500 | -€20,000 | -17.9% |
| Profit (loss) carried forward | 14 | €39,588 | €42,719 | +€3,131 | +7.9% |
| Amounts payable | 17/49 | €38,157 | €20,914 | -€17,243 | -45.2% |
| Amounts payable within one year | 42/48 | €38,157 | €20,914 | -€17,243 | -45.2% |
| Trade debts | 44 | €2,420 | €0 | -€2,420 | -100% |
| Suppliers | 440/4 | €2,420 | €0 | -€2,420 | -100% |
| Taxes, remuneration and social security | 45 | €35,737 | €20,914 | -€14,823 | -41.5% |
| Taxes | 450/3 | €35,737 | €20,914 | -€14,823 | -41.5% |
| Other operating charges | 640/8 | €441 | €1,428 | +€987 | +224% |
| Gross operating margin | 9900 | €35,106 | €52,163 | +€17,057 | +48.6% |
| Operating profit (loss) | 9901 | €34,665 | €50,735 | +€16,070 | +46.4% |
| Financial charges | 65/66B | €135 | €604 | +€469 | +347% |
| Recurring financial charges | 65 | €135 | €604 | +€469 | +347% |
| Profit (loss) for the period before taxes | 9903 | €34,530 | €50,131 | +€15,601 | +45.2% |
| Income taxes | 67/77 | €8,433 | €17,000 | +€8,567 | +102% |
| Profit (loss) for the period | 9904 | €26,097 | €33,131 | +€7,034 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,097 | €33,131 | +€7,034 | +27.0% |
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 1 November 2026 via checked.be.