M.T. 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.
M.T. SOINS
Largest movements
- Receivables within one year +€68,379
up €68,379 (+653%), from €10,469 to €78,848
of which Other amounts receivable: +€65,656
- Tangible fixed assets -€9,567
down €9,567 (-33.1%), from €28,944 to €19,377
- Intangible fixed assets -€8,000
down €8,000 (-11.0%), from €72,678 to €64,678
- Cash -€3,916
down €3,916 (-26.7%), from €14,652 to €10,737
mainly Receivables within one year (-€68,379) and Other debts (-€22,847)
- Reserves +€115,759
new in 2025: €115,759
- Profit (loss) carried forward -€50,785
down €50,785 (-100%), from €50,785 to €0
- Other debts -€22,847
no longer reported in 2025 (was €22,847)
- Tax, wage and social debts +€12,516
up €12,516 (+68.6%), from €18,255 to €30,771
- Debts after one year -€10,139
down €10,139 (-60.0%), from €16,899 to €6,759
- Depreciation +€1,488
up €1,488 (+9.3%), from €16,079 to €17,567
- Other operating charges -€1,447
down €1,447 (-93.6%), from €1,546 to €99
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 | €128,143 | €175,463 | +€47,320 | +36.9% |
| Fixed assets | 21/28 | €101,621 | €84,113 | -€17,508 | -17.2% |
| Intangible fixed assets | 21 | €72,678 | €64,678 | -€8,000 | -11.0% |
| Tangible fixed assets | 22/27 | €28,944 | €19,377 | -€9,567 | -33.1% |
| Furniture and vehicles | 24 | €28,944 | €19,377 | -€9,567 | -33.1% |
| Financial fixed assets | 28 | - | €58 | +€58 | |
| Current assets | 29/58 | €26,522 | €91,350 | +€64,828 | +244% |
| Amounts receivable within one year | 40/41 | €10,469 | €78,848 | +€68,379 | +653% |
| Trade receivables | 40 | €10,469 | €13,192 | +€2,723 | +26.0% |
| Other amounts receivable | 41 | - | €65,656 | +€65,656 | |
| Cash at bank and in hand | 54/58 | €14,652 | €10,737 | -€3,916 | -26.7% |
| Deferred charges and accrued income | 490/1 | €1,400 | €1,765 | +€365 | +26.1% |
| Total equity and liabilities | 10/49 | €128,143 | €175,463 | +€47,320 | +36.9% |
| Equity | 10/15 | €55,785 | €120,759 | +€64,974 | +116% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €115,759 | +€115,759 | |
| Distributable reserves | 133 | - | €115,759 | +€115,759 | |
| Profit (loss) carried forward | 14 | €50,785 | €0 | -€50,785 | -100% |
| Amounts payable | 17/49 | €72,358 | €54,705 | -€17,653 | -24.4% |
| Amounts payable after more than one year | 17 | €16,899 | €6,759 | -€10,139 | -60.0% |
| Financial debts | 170/4 | €16,899 | €6,759 | -€10,139 | -60.0% |
| Amounts payable within one year | 42/48 | €55,017 | €47,545 | -€7,472 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €10,139 | €10,139 | = | 0.0% |
| Trade debts | 44 | €3,776 | €6,636 | +€2,860 | +75.7% |
| Suppliers | 440/4 | €3,776 | €6,636 | +€2,860 | +75.7% |
| Taxes, remuneration and social security | 45 | €18,255 | €30,771 | +€12,516 | +68.6% |
| Taxes | 450/3 | €18,255 | €30,771 | +€12,516 | +68.6% |
| Other amounts payable | 47/48 | €22,847 | - | -€22,847 | |
| Accrued charges and deferred income | 492/3 | €442 | €400 | -€43 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,079 | €17,567 | +€1,488 | +9.3% |
| Other operating charges | 640/8 | €1,546 | €99 | -€1,447 | -93.6% |
| Gross operating margin | 9900 | €106,715 | €105,709 | -€1,006 | -0.9% |
| Operating profit (loss) | 9901 | €89,091 | €88,044 | -€1,047 | -1.2% |
| Financial income | 75/76B | €11 | €1 | -€10 | -94.5% |
| Recurring financial income | 75 | €11 | €1 | -€10 | -94.5% |
| Financial charges | 65/66B | €61 | €555 | +€494 | +805% |
| Recurring financial charges | 65 | €61 | €555 | +€494 | +805% |
| Profit (loss) for the period before taxes | 9903 | €89,040 | €87,489 | -€1,551 | -1.7% |
| Income taxes | 67/77 | €18,255 | €17,952 | -€303 | -1.7% |
| Profit (loss) for the period | 9904 | €70,785 | €69,537 | -€1,248 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,785 | €69,537 | -€1,248 | -1.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.