LE SOUK: 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.
LE SOUK
Largest movements
- Receivables within one year -€80,262
down €80,262 (-33.0%), from €243,448 to €163,186
of which Other amounts receivable: -€78,323
- Tangible fixed assets -€17,717
down €17,717 (-30.2%), from €58,575 to €40,858
of which Plant, machinery and equipment: -€10,389
- Cash -€6,420
down €6,420 (-10.9%), from €58,676 to €52,256
mainly Other debts (-€63,562) and Net result for the year (-€27,216)
- Other debts -€63,562
down €63,562 (-59.5%), from €106,823 to €43,260
- Profit (loss) carried forward -€27,216
down €27,216, from €0 to -€27,216
- Trade debts -€9,888
down €9,888 (-18.2%), from €54,268 to €44,381
- Tax, wage and social debts -€6,291
down €6,291 (-9.3%), from €67,674 to €61,384
of which Taxes: -€8,179
- Staff costs +€82,952
up €82,952 (+29.4%), from €281,891 to €364,843
- Gross operating margin -€39,489
down €39,489 (-10.0%), from €395,323 to €355,834
- Taxes -€25,910
down €25,910 (-100.0%), from €25,910 to €0
- Other operating charges -€11,054
down €11,054 (-88.2%), from €12,532 to €1,478
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €382,027 | €274,270 | -€107,757 | -28.2% |
| Fixed assets | 21/28 | €61,775 | €44,058 | -€17,717 | -28.7% |
| Tangible fixed assets | 22/27 | €58,575 | €40,858 | -€17,717 | -30.2% |
| Plant, machinery and equipment | 23 | €14,038 | €3,648 | -€10,389 | -74.0% |
| Furniture and vehicles | 24 | €2,893 | €336 | -€2,556 | -88.4% |
| Other tangible fixed assets | 26 | €41,644 | €36,873 | -€4,771 | -11.5% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €320,252 | €230,212 | -€90,040 | -28.1% |
| Stocks and contracts in progress | 3 | €18,128 | €14,770 | -€3,358 | -18.5% |
| Stocks | 30/36 | €18,128 | €14,770 | -€3,358 | -18.5% |
| Amounts receivable within one year | 40/41 | €243,448 | €163,186 | -€80,262 | -33.0% |
| Trade receivables | 40 | €1,939 | €0 | -€1,939 | -100.0% |
| Other amounts receivable | 41 | €241,509 | €163,186 | -€78,323 | -32.4% |
| Cash at bank and in hand | 54/58 | €58,676 | €52,256 | -€6,420 | -10.9% |
| Total equity and liabilities | 10/49 | €382,027 | €274,270 | -€107,757 | -28.2% |
| Equity | 10/15 | €132,462 | €105,245 | -€27,216 | -20.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,262 | €126,262 | = | 0.0% |
| Distributable reserves | 133 | €126,262 | €126,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€27,216 | -€27,216 | |
| Amounts payable | 17/49 | €249,565 | €169,025 | -€80,541 | -32.3% |
| Amounts payable within one year | 42/48 | €249,565 | €169,025 | -€80,541 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €20,000 | €20,000 | = | 0.0% |
| Credit institutions | 430/8 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €54,268 | €44,381 | -€9,888 | -18.2% |
| Suppliers | 440/4 | €54,268 | €44,381 | -€9,888 | -18.2% |
| Advances received on contracts in progress | 46 | €800 | €0 | -€800 | -100.0% |
| Taxes, remuneration and social security | 45 | €67,674 | €61,384 | -€6,291 | -9.3% |
| Taxes | 450/3 | €30,926 | €22,747 | -€8,179 | -26.4% |
| Remuneration and social security | 454/9 | €36,749 | €38,637 | +€1,888 | +5.1% |
| Other amounts payable | 47/48 | €106,823 | €43,260 | -€63,562 | -59.5% |
| Remuneration, social security and pensions | 62 | €281,891 | €364,843 | +€82,952 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,019 | €17,717 | +€698 | +4.1% |
| Other operating charges | 640/8 | €12,532 | €1,478 | -€11,054 | -88.2% |
| Gross operating margin | 9900 | €395,323 | €355,834 | -€39,489 | -10.0% |
| Operating profit (loss) | 9901 | €83,880 | -€28,205 | -€112,085 | |
| Financial income | 75/76B | €10,006 | €9,554 | -€452 | -4.5% |
| Recurring financial income | 75 | €10,006 | €9,554 | -€452 | -4.5% |
| Financial charges | 65/66B | €8,157 | €8,566 | +€409 | +5.0% |
| Recurring financial charges | 65 | €8,157 | €8,216 | +€59 | +0.7% |
| Non-recurring financial charges | 66B | - | €350 | +€350 | |
| Profit (loss) for the period before taxes | 9903 | €85,730 | -€27,216 | -€112,946 | |
| Income taxes | 67/77 | €25,910 | €0 | -€25,910 | -100.0% |
| Profit (loss) for the period | 9904 | €59,820 | -€27,216 | -€87,036 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,820 | -€27,216 | -€87,036 |
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 7 October 2026 via checked.be.