S.O.Y.: 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.Y.
Largest movements
- Tangible fixed assets -€47,592
down €47,592 (-7.6%), from €625,980 to €578,388
- Cash -€20,921
down €20,921 (-97.3%), from €21,494 to €573
mainly Contributions, distributions and other (-€119,883)
- Contributions -€47,592
down €47,592 (-9.0%), from €530,259 to €482,667
- Profit (loss) carried forward -€31,921
down €31,921, from €14,812 to -€17,109
- Other debts +€11,000
new in 2025: €11,000
- Gross operating margin +€49,361
up €49,361 (+266%), from €18,528 to €67,889
- Taxes +€11,383
up €11,383 (+513%), from €2,217 to €13,600
- Other operating charges +€4,510
up €4,510 (+48.4%), from €9,319 to €13,829
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 | €647,474 | €578,961 | -€68,513 | -10.6% |
| Fixed assets | 21/28 | €625,980 | €578,388 | -€47,592 | -7.6% |
| Tangible fixed assets | 22/27 | €625,980 | €578,388 | -€47,592 | -7.6% |
| Land and buildings | 22 | €625,980 | €578,388 | -€47,592 | -7.6% |
| Current assets | 29/58 | €21,494 | €573 | -€20,921 | -97.3% |
| Cash at bank and in hand | 54/58 | €21,494 | €573 | -€20,921 | -97.3% |
| Total equity and liabilities | 10/49 | €647,474 | €578,961 | -€68,513 | -10.6% |
| Equity | 10/15 | €647,404 | €567,891 | -€79,513 | -12.3% |
| Contributions | 10/11 | €530,259 | €482,667 | -€47,592 | -9.0% |
| Revaluation surpluses | 12 | €95,730 | €95,730 | = | 0.0% |
| Reserves | 13 | €6,603 | €6,603 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,820 | €5,820 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,820 | €5,820 | = | 0.0% |
| Distributable reserves | 133 | €783 | €783 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,812 | -€17,109 | -€31,921 | |
| Provisions and deferred taxes | 16 | €70 | €70 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €70 | €70 | = | 0.0% |
| Other liabilities and charges | 164/5 | €70 | €70 | = | 0.0% |
| Amounts payable | 17/49 | - | €11,000 | +€11,000 | |
| Amounts payable within one year | 42/48 | - | €11,000 | +€11,000 | |
| Other amounts payable | 47/48 | - | €11,000 | +€11,000 | |
| Non-recurring operating income | 76A | - | €50,604 | +€50,604 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €64 | €66 | +€2 | +3.1% |
| Other operating charges | 640/8 | €9,319 | €13,829 | +€4,510 | +48.4% |
| Gross operating margin | 9900 | €18,528 | €67,889 | +€49,361 | +266% |
| Operating profit (loss) | 9901 | €9,145 | €53,994 | +€44,849 | +490% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €9,121 | €53,970 | +€44,849 | +492% |
| Income taxes | 67/77 | €2,217 | €13,600 | +€11,383 | +513% |
| Profit (loss) for the period | 9904 | €6,904 | €40,370 | +€33,466 | +485% |
| Profit (loss) for the period to be appropriated | 9905 | €6,904 | €40,370 | +€33,466 | +485% |
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 30 October 2026 via checked.be.