IV 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.
IV SOINS
Largest movements
- Tangible fixed assets -€26,830
down €26,830 (-39.9%), from €67,215 to €40,385
- Cash -€8,569
down €8,569 (-60.1%), from €14,268 to €5,699
mainly Debts after one year (-€28,516) and Net result for the year (-€7,819)
- Deferred charges and accrued income +€5,707
up €5,707 (+57.1%), from €9,990 to €15,697
- Receivables within one year -€1,110
no longer reported in 2025 (was €1,110)
- Debts after one year -€28,516
down €28,516 (-74.3%), from €38,394 to €9,878
- Profit (loss) carried forward -€7,819
down €7,819 (-73.3%), from €10,664 to €2,845
- Trade debts +€2,558
up €2,558 (+330%), from €774 to €3,332
- Tax, wage and social debts +€2,491
up €2,491 (+52.1%), from €4,779 to €7,271
of which Remuneration and social security: +€2,194
- Gross operating margin -€16,501
down €16,501 (-40.9%), from €40,297 to €23,796
- Taxes -€3,135
down €3,135 (-91.3%), from €3,432 to €297
- Financial charges -€614
down €614 (-26.6%), from €2,313 to €1,699
- Other operating charges -€614
down €614 (-29.2%), from €2,104 to €1,490
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 | €93,558 | €62,456 | -€31,102 | -33.2% |
| Formation expenses | 20 | €975 | €675 | -€300 | -30.8% |
| Fixed assets | 21/28 | €67,215 | €40,385 | -€26,830 | -39.9% |
| Tangible fixed assets | 22/27 | €67,215 | €40,385 | -€26,830 | -39.9% |
| Furniture and vehicles | 24 | €67,215 | €40,385 | -€26,830 | -39.9% |
| Current assets | 29/58 | €25,368 | €21,396 | -€3,972 | -15.7% |
| Amounts receivable within one year | 40/41 | €1,110 | - | -€1,110 | |
| Trade receivables | 40 | €1,110 | - | -€1,110 | |
| Cash at bank and in hand | 54/58 | €14,268 | €5,699 | -€8,569 | -60.1% |
| Deferred charges and accrued income | 490/1 | €9,990 | €15,697 | +€5,707 | +57.1% |
| Total equity and liabilities | 10/49 | €93,558 | €62,456 | -€31,102 | -33.2% |
| Equity | 10/15 | €13,164 | €5,345 | -€7,819 | -59.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,664 | €2,845 | -€7,819 | -73.3% |
| Amounts payable | 17/49 | €80,394 | €57,111 | -€23,284 | -29.0% |
| Amounts payable after more than one year | 17 | €38,394 | €9,878 | -€28,516 | -74.3% |
| Financial debts | 170/4 | €38,394 | €9,878 | -€28,516 | -74.3% |
| Amounts payable within one year | 42/48 | €42,000 | €47,232 | +€5,233 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €27,774 | €28,516 | +€742 | +2.7% |
| Trade debts | 44 | €774 | €3,332 | +€2,558 | +330% |
| Suppliers | 440/4 | €774 | €3,332 | +€2,558 | +330% |
| Taxes, remuneration and social security | 45 | €4,779 | €7,271 | +€2,491 | +52.1% |
| Taxes | 450/3 | €2,486 | €2,783 | +€297 | +12.0% |
| Remuneration and social security | 454/9 | €2,294 | €4,488 | +€2,194 | +95.6% |
| Other amounts payable | 47/48 | €8,672 | €8,114 | -€558 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,014 | €28,129 | +€115 | +0.4% |
| Other operating charges | 640/8 | €2,104 | €1,490 | -€614 | -29.2% |
| Gross operating margin | 9900 | €40,297 | €23,796 | -€16,501 | -40.9% |
| Operating profit (loss) | 9901 | €10,179 | -€5,823 | -€16,002 | |
| Financial charges | 65/66B | €2,313 | €1,699 | -€614 | -26.6% |
| Recurring financial charges | 65 | €2,313 | €1,699 | -€614 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €7,866 | -€7,521 | -€15,387 | |
| Income taxes | 67/77 | €3,432 | €297 | -€3,135 | -91.3% |
| Profit (loss) for the period | 9904 | €4,434 | -€7,819 | -€12,253 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,434 | -€7,819 | -€12,253 |
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 13 October 2026 via checked.be.