JULIE 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.
JULIE SOINS
Largest movements
- Receivables within one year +€6,550
up €6,550 (+5.2%), from €125,696 to €132,247
- Cash -€5,035
down €5,035 (-28.0%), from €18,002 to €12,966
mainly Contributions, distributions and other (-€24,000) and Receivables within one year (-€6,550)
- Tax, wage and social debts +€9,419
up €9,419 (+942%), from €1,000 to €10,419
- Reserves -€5,994
down €5,994 (-13.2%), from €45,384 to €39,389
- Trade debts -€2,994
down €2,994 (-53.5%), from €5,597 to €2,603
- Gross operating margin +€30,232
up €30,232 (+1,908%), from €1,585 to €31,816
- Taxes +€9,220
up €9,220, from -€0 to €9,219
- Other operating charges +€1,081
up €1,081 (+140%), from €772 to €1,853
- Financial charges +€984
up €984 (+152%), from €646 to €1,630
of which Non-recurring financial charges: +€975
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 | €147,773 | €148,204 | +€431 | +0.3% |
| Fixed assets | 21/28 | €4,075 | €2,991 | -€1,084 | -26.6% |
| Tangible fixed assets | 22/27 | €4,050 | €2,966 | -€1,084 | -26.8% |
| Furniture and vehicles | 24 | €173 | - | -€173 | |
| Leasing and similar rights | 25 | €3,877 | - | -€3,877 | |
| Other tangible fixed assets | 26 | - | €2,966 | +€2,966 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €143,698 | €145,213 | +€1,515 | +1.1% |
| Amounts receivable within one year | 40/41 | €125,696 | €132,247 | +€6,550 | +5.2% |
| Other amounts receivable | 41 | €125,696 | €132,247 | +€6,550 | +5.2% |
| Cash at bank and in hand | 54/58 | €18,002 | €12,966 | -€5,035 | -28.0% |
| Total equity and liabilities | 10/49 | €147,773 | €148,204 | +€431 | +0.3% |
| Equity | 10/15 | €141,176 | €135,182 | -€5,994 | -4.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €45,384 | €39,389 | -€5,994 | -13.2% |
| Distributable reserves | 133 | €45,384 | €39,389 | -€5,994 | -13.2% |
| Profit (loss) carried forward | 14 | €83,393 | €83,393 | = | 0.0% |
| Amounts payable | 17/49 | €6,597 | €13,022 | +€6,425 | +97.4% |
| Amounts payable within one year | 42/48 | €6,597 | €13,022 | +€6,425 | +97.4% |
| Trade debts | 44 | €5,597 | €2,603 | -€2,994 | -53.5% |
| Suppliers | 440/4 | €5,597 | €2,603 | -€2,994 | -53.5% |
| Taxes, remuneration and social security | 45 | €1,000 | €10,419 | +€9,419 | +942% |
| Taxes | 450/3 | €1,000 | €10,419 | +€9,419 | +942% |
| Remuneration, social security and pensions | 62 | €84 | - | -€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,116 | €1,084 | -€32 | -2.9% |
| Other operating charges | 640/8 | €772 | €1,853 | +€1,081 | +140% |
| Non-recurring operating charges | 66A | €0 | €24 | +€24 | +47,860% |
| Gross operating margin | 9900 | €1,585 | €31,816 | +€30,232 | +1,908% |
| Operating profit (loss) | 9901 | -€388 | €28,856 | +€29,243 | |
| Financial charges | 65/66B | €646 | €1,630 | +€984 | +152% |
| Recurring financial charges | 65 | €479 | €488 | +€9 | +1.9% |
| Non-recurring financial charges | 66B | €167 | €1,142 | +€975 | +584% |
| Profit (loss) for the period before taxes | 9903 | -€1,034 | €27,225 | +€28,259 | |
| Income taxes | 67/77 | -€0 | €9,219 | +€9,220 | |
| Profit (loss) for the period | 9904 | -€1,034 | €18,006 | +€19,039 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,034 | €18,006 | +€19,039 |
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 21 October 2026 via checked.be.