S.E. SOUDURES: 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.
S.E. SOUDURES
Largest movements
- Receivables within one year +€11,644
up €11,644 (+131.4%), from €8,862 to €20,506
of which Trade receivables: +€10,888
- Cash +€3,442
up €3,442 (+20.1%), from €17,110 to €20,552
mainly Net result for the year (+€32,060) and Trade debts (+€3,362)
- Tangible fixed assets +€834
up €834 (+5.7%), from €14,505 to €15,338
of which Plant, machinery and equipment: +€1,274
- Profit (loss) carried forward +€22,660
up €22,660, from -€22,626 to €34
- Reserves -€9,800
down €9,800 (-43.2%), from €22,660 to €12,860
of which Distributable reserves: -€9,800
- Other debts -€3,559
down €3,559 (-16.1%), from €22,068 to €18,509
- Trade debts +€3,362
up €3,362 (+1464.7%), from €230 to €3,592
- Tax, wage and social debts +€3,179
up €3,179 (+6652.0%), from €48 to €3,227
of which Taxes: +€3,179
- Gross operating margin +€22,509
up €22,509 (+150.6%), from €14,942 to €37,451
- Taxes +€3,357
up €3,357 (+7024.7%), from €48 to €3,405
- Other operating charges -€633
down €633 (-34.1%), from €1,854 to €1,221
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 | €40,979 | €56,821 | +€15,842 | +38.7% |
| Fixed assets | 21/28 | €14,505 | €15,338 | +€834 | +5.7% |
| Tangible fixed assets | 22/27 | €14,505 | €15,338 | +€834 | +5.7% |
| Land and buildings | 22 | €13,950 | €13,950 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €1,274 | +€1,274 | |
| Furniture and vehicles | 24 | €555 | €115 | -€440 | -79.3% |
| Current assets | 29/58 | €26,475 | €41,483 | +€15,008 | +56.7% |
| Amounts receivable within one year | 40/41 | €8,862 | €20,506 | +€11,644 | +131.4% |
| Trade receivables | 40 | €7,580 | €18,468 | +€10,888 | +143.6% |
| Other amounts receivable | 41 | €1,282 | €2,038 | +€756 | +59.0% |
| Cash at bank and in hand | 54/58 | €17,110 | €20,552 | +€3,442 | +20.1% |
| Deferred charges and accrued income | 490/1 | €503 | €425 | -€78 | -15.5% |
| Total equity and liabilities | 10/49 | €40,979 | €56,821 | +€15,842 | +38.7% |
| Equity | 10/15 | €18,634 | €31,494 | +€12,860 | +69.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,660 | €12,860 | -€9,800 | -43.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €22,660 | €12,860 | -€9,800 | -43.2% |
| Profit (loss) carried forward | 14 | -€22,626 | €34 | +€22,660 | |
| Amounts payable | 17/49 | €22,345 | €25,327 | +€2,982 | +13.3% |
| Amounts payable within one year | 42/48 | €22,345 | €25,327 | +€2,982 | +13.3% |
| Trade debts | 44 | €230 | €3,592 | +€3,362 | +1464.7% |
| Suppliers | 440/4 | €230 | €3,592 | +€3,362 | +1464.7% |
| Taxes, remuneration and social security | 45 | €48 | €3,227 | +€3,179 | +6652.0% |
| Taxes | 450/3 | €48 | €3,227 | +€3,179 | +6652.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €22,068 | €18,509 | -€3,559 | -16.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €440 | €587 | +€147 | +33.4% |
| Other operating charges | 640/8 | €1,854 | €1,221 | -€633 | -34.1% |
| Gross operating margin | 9900 | €14,942 | €37,451 | +€22,509 | +150.6% |
| Operating profit (loss) | 9901 | €12,648 | €35,643 | +€22,995 | +181.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €200 | €178 | -€22 | -10.9% |
| Recurring financial charges | 65 | €200 | €178 | -€22 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €12,448 | €35,465 | +€23,016 | +184.9% |
| Income taxes | 67/77 | €48 | €3,405 | +€3,357 | +7024.7% |
| Profit (loss) for the period | 9904 | €12,401 | €32,060 | +€19,659 | +158.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,401 | €32,060 | +€19,659 | +158.5% |
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 11 October 2026 via checked.be.