LA SOYE: 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.
What changed
LA SOYE
NACE 02.200, Logging
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€315
2024 · €1,247-€932
Equity
€705,675
2024 · €705,360+€315
Cash
€14,629
2024 · €9,775+€4,855
Balance sheet total
€1.2m
2024 · €1.1m+€88,770
Largest movements
Assets
- Stocks and contracts +€49,940
up €49,940 (+297.7%), from €16,775 to €66,715
- Tangible fixed assets +€26,373
up €26,373 (+5.4%), from €488,525 to €514,898
of which Land and buildings: +€20,492
Equity and liabilities
- Other debts +€97,768
up €97,768 (+277.6%), from €35,215 to €132,983
Income statement
- Financial charges -€9,188
down €9,188 (-32.6%), from €28,149 to €18,961
- Gross operating margin -€5,071
down €5,071 (-11.2%), from €45,443 to €40,372
- Depreciation +€1,622
up €1,622 (+19.1%), from €8,485 to €10,107
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.
Result 2024
€1,247
Gross operating margin
-€5,071
Depreciation
-€1,622
Other operating charges
+€378
Other operating items
-€4,225
Financial charges
+€9,188
Taxes
+€421
Result 2025
€315
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.
From operations
+€48,946
Investment
-€36,480
Financing
-€7,612
Cash 2024
€9,775
From operations (derived)
+€48,946
Net result for the year
+€315
Depreciation
+€10,107
Stocks and contracts
-€49,940
Receivables within one year
-€8,173
Deferred charges and accrued income
+€571
Trade debts
+€3,925
Tax, wage and social debts
-€5,627
Other debts
+€97,768
Investment (derived)
-€36,480
Investment in fixed assets (net)
-€36,480
Financing
-€7,612
Debts after one year
+€3,857
Current portion of long-term debt
-€2,241
Short-term financial debts
-€9,228
Cash 2025
€14,629
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,111,315 | €1,200,085 | +€88,770 | +8.0% |
| Fixed assets | 21/28 | €1,051,254 | €1,077,627 | +€26,373 | +2.5% |
| Tangible fixed assets | 22/27 | €488,525 | €514,898 | +€26,373 | +5.4% |
| Land and buildings | 22 | €466,976 | €487,468 | +€20,492 | +4.4% |
| Plant, machinery and equipment | 23 | €0 | €11,629 | +€11,629 | |
| Furniture and vehicles | 24 | €16,190 | €12,590 | -€3,600 | -22.2% |
| Other tangible fixed assets | 26 | €5,358 | €3,210 | -€2,148 | -40.1% |
| Financial fixed assets | 28 | €562,730 | €562,730 | = | 0.0% |
| Current assets | 29/58 | €60,061 | €122,458 | +€62,397 | +103.9% |
| Stocks and contracts in progress | 3 | €16,775 | €66,715 | +€49,940 | +297.7% |
| Stocks | 30/36 | €16,775 | €66,715 | +€49,940 | +297.7% |
| Amounts receivable within one year | 40/41 | €32,941 | €41,114 | +€8,173 | +24.8% |
| Trade receivables | 40 | €19,103 | €20,330 | +€1,227 | +6.4% |
| Other amounts receivable | 41 | €13,837 | €20,784 | +€6,946 | +50.2% |
| Cash at bank and in hand | 54/58 | €9,775 | €14,629 | +€4,855 | +49.7% |
| Deferred charges and accrued income | 490/1 | €571 | €0 | -€571 | -100.0% |
| Total equity and liabilities | 10/49 | €1,111,315 | €1,200,085 | +€88,770 | +8.0% |
| Equity | 10/15 | €705,360 | €705,675 | +€315 | 0.0% |
| Contributions | 10/11 | €286,000 | €286,000 | = | 0.0% |
| Capital | 10 | €286,000 | €286,000 | = | 0.0% |
| Issued capital | 100 | €286,000 | €286,000 | = | 0.0% |
| Revaluation surpluses | 12 | €346,501 | €346,501 | = | 0.0% |
| Reserves | 13 | €7,279 | €7,279 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,279 | €7,279 | = | 0.0% |
| Legal reserve | 130 | €7,279 | €7,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,580 | €65,895 | +€315 | +0.5% |
| Amounts payable | 17/49 | €405,955 | €494,410 | +€88,455 | +21.8% |
| Amounts payable after more than one year | 17 | €265,089 | €268,946 | +€3,857 | +1.5% |
| Financial debts | 170/4 | €265,089 | €268,946 | +€3,857 | +1.5% |
| Amounts payable within one year | 42/48 | €140,867 | €225,464 | +€84,598 | +60.1% |
| Current portion of amounts payable after more than one year | 42 | €7,579 | €5,338 | -€2,241 | -29.6% |
| Financial debts | 43 | €56,500 | €47,272 | -€9,228 | -16.3% |
| Credit institutions | 430/8 | €56,500 | €47,272 | -€9,228 | -16.3% |
| Trade debts | 44 | €31,159 | €35,084 | +€3,925 | +12.6% |
| Suppliers | 440/4 | €31,159 | €35,084 | +€3,925 | +12.6% |
| Taxes, remuneration and social security | 45 | €10,414 | €4,788 | -€5,627 | -54.0% |
| Taxes | 450/3 | €10,414 | €4,788 | -€5,627 | -54.0% |
| Other amounts payable | 47/48 | €35,215 | €132,983 | +€97,768 | +277.6% |
| Non-recurring operating income | 76A | - | €30,872 | +€30,872 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,485 | €10,107 | +€1,622 | +19.1% |
| Other operating charges | 640/8 | €6,745 | €6,367 | -€378 | -5.6% |
| Non-recurring operating charges | 66A | €150 | €4,375 | +€4,225 | +2816.7% |
| Gross operating margin | 9900 | €45,443 | €40,372 | -€5,071 | -11.2% |
| Operating profit (loss) | 9901 | €30,063 | €19,523 | -€10,540 | -35.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €28,149 | €18,961 | -€9,188 | -32.6% |
| Recurring financial charges | 65 | €28,149 | €18,961 | -€9,188 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €1,914 | €562 | -€1,352 | -70.6% |
| Income taxes | 67/77 | €668 | €247 | -€421 | -63.0% |
| Profit (loss) for the period | 9904 | €1,247 | €315 | -€932 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,247 | €315 | -€932 | -74.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.