S.O.J.A.: 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.O.J.A.
Largest movements
- Cash +€17,837
up €17,837 (+33.9%), from €52,690 to €70,527
mainly Net result for the year (+€25,694) and Depreciation (+€24,541)
- Profit (loss) carried forward +€25,694
up €25,694 (+37.0%), from €69,418 to €95,112
- Debts after one year -€22,099
down €22,099 (-11.8%), from €187,139 to €165,040
- Tax, wage and social debts +€11,958
up €11,958 (+65.0%), from €18,403 to €30,362
of which Taxes: +€11,380
- Gross operating margin +€20,525
up €20,525 (+38.3%), from €53,617 to €74,142
- Depreciation +€5,149
up €5,149 (+26.6%), from €19,391 to €24,541
- Taxes +€4,019
up €4,019 (+48.5%), from €8,286 to €12,305
- Financial charges -€788
down €788 (-10.1%), from €7,800 to €7,012
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €366,542 | €384,239 | +€17,697 | +4.8% |
| Fixed assets | 21/28 | €245,129 | €248,860 | +€3,732 | +1.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €244,290 | €248,021 | +€3,732 | +1.5% |
| Land and buildings | 22 | €219,964 | €208,525 | -€11,439 | -5.2% |
| Plant, machinery and equipment | 23 | €3,930 | €4,322 | +€391 | +10.0% |
| Furniture and vehicles | 24 | €20,396 | €35,175 | +€14,779 | +72.5% |
| Financial fixed assets | 28 | €839 | €839 | = | 0.0% |
| Current assets | 29/58 | €121,413 | €135,378 | +€13,965 | +11.5% |
| Stocks and contracts in progress | 3 | €57,804 | €55,751 | -€2,053 | -3.6% |
| Stocks | 30/36 | €57,804 | €55,751 | -€2,053 | -3.6% |
| Amounts receivable within one year | 40/41 | €6,589 | €6,414 | -€175 | -2.7% |
| Trade receivables | 40 | €6,589 | €6,414 | -€175 | -2.7% |
| Cash at bank and in hand | 54/58 | €52,690 | €70,527 | +€17,837 | +33.9% |
| Deferred charges and accrued income | 490/1 | €4,331 | €2,687 | -€1,644 | -38.0% |
| Total equity and liabilities | 10/49 | €366,542 | €384,239 | +€17,697 | +4.8% |
| Equity | 10/15 | €129,918 | €155,612 | +€25,694 | +19.8% |
| Contributions | 10/11 | €60,500 | €60,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,418 | €95,112 | +€25,694 | +37.0% |
| Amounts payable | 17/49 | €236,624 | €228,627 | -€7,997 | -3.4% |
| Amounts payable after more than one year | 17 | €187,139 | €165,040 | -€22,099 | -11.8% |
| Financial debts | 170/4 | €187,139 | €165,040 | -€22,099 | -11.8% |
| Amounts payable within one year | 42/48 | €49,485 | €63,568 | +€14,082 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €21,311 | €22,099 | +€788 | +3.7% |
| Trade debts | 44 | €5,598 | €6,540 | +€943 | +16.8% |
| Suppliers | 440/4 | €5,598 | €6,540 | +€943 | +16.8% |
| Taxes, remuneration and social security | 45 | €18,403 | €30,362 | +€11,958 | +65.0% |
| Taxes | 450/3 | €12,490 | €23,871 | +€11,380 | +91.1% |
| Remuneration and social security | 454/9 | €5,913 | €6,491 | +€578 | +9.8% |
| Other amounts payable | 47/48 | €4,173 | €4,567 | +€393 | +9.4% |
| Accrued charges and deferred income | 492/3 | - | €20 | +€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,391 | €24,541 | +€5,149 | +26.6% |
| Other operating charges | 640/8 | €4,264 | €4,590 | +€325 | +7.6% |
| Gross operating margin | 9900 | €53,617 | €74,142 | +€20,525 | +38.3% |
| Operating profit (loss) | 9901 | €29,961 | €45,011 | +€15,050 | +50.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €7,800 | €7,012 | -€788 | -10.1% |
| Recurring financial charges | 65 | €7,800 | €7,012 | -€788 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €22,163 | €37,999 | +€15,836 | +71.5% |
| Income taxes | 67/77 | €8,286 | €12,305 | +€4,019 | +48.5% |
| Profit (loss) for the period | 9904 | €13,877 | €25,694 | +€11,817 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,877 | €25,694 | +€11,817 | +85.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.