SB 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.
SB SOINS
Largest movements
- Cash +€71,682
up €71,682 (+73.5%), from €97,485 to €169,167
mainly Net result for the year (+€93,205) and Depreciation (+€21,396)
- Financial fixed assets +€43,190
up €43,190 (+8.5%), from €507,636 to €550,827
- Tangible fixed assets +€12,787
up €12,787 (+10.7%), from €119,310 to €132,097
of which Furniture and vehicles: +€25,457
- Reserves +€93,205
up €93,205 (+39.8%), from €233,955 to €327,160
of which Distributable reserves: +€208,321
- Debts after one year +€20,775
up €20,775, from €0 to €20,775
of which Advances received on contracts in progress: +€20,775
- Tax, wage and social debts +€19,498
up €19,498 (+37.6%), from €51,807 to €71,305
of which Taxes: +€23,498
- Gross operating margin -€33,996
down €33,996 (-18.5%), from €183,805 to €149,808
- Taxes -€16,210
down €16,210 (-30.3%), from €53,480 to €37,270
- Other operating charges +€3,284
up €3,284 (+165%), from €1,996 to €5,280
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 | €753,292 | €885,197 | +€131,905 | +17.5% |
| Fixed assets | 21/28 | €626,946 | €682,924 | +€55,978 | +8.9% |
| Tangible fixed assets | 22/27 | €119,310 | €132,097 | +€12,787 | +10.7% |
| Land and buildings | 22 | €83,106 | €78,029 | -€5,078 | -6.1% |
| Plant, machinery and equipment | 23 | €25,011 | €17,419 | -€7,592 | -30.4% |
| Furniture and vehicles | 24 | €11,193 | €36,650 | +€25,457 | +227% |
| Financial fixed assets | 28 | €507,636 | €550,827 | +€43,190 | +8.5% |
| Current assets | 29/58 | €126,346 | €202,273 | +€75,927 | +60.1% |
| Amounts receivable within one year | 40/41 | €28,213 | €26,209 | -€2,005 | -7.1% |
| Trade receivables | 40 | €28,213 | €26,209 | -€2,005 | -7.1% |
| Cash at bank and in hand | 54/58 | €97,485 | €169,167 | +€71,682 | +73.5% |
| Deferred charges and accrued income | 490/1 | €647 | €6,897 | +€6,250 | +965% |
| Total equity and liabilities | 10/49 | €753,292 | €885,197 | +€131,905 | +17.5% |
| Equity | 10/15 | €682,566 | €775,771 | +€93,205 | +13.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €233,955 | €327,160 | +€93,205 | +39.8% |
| Non-distributable reserves | 130/1 | €116,976 | €1,860 | -€115,116 | -98.4% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €115,116 | - | -€115,116 | |
| Distributable reserves | 133 | €116,979 | €325,300 | +€208,321 | +178% |
| Profit (loss) carried forward | 14 | €436,211 | €436,211 | = | 0.0% |
| Amounts payable | 17/49 | €70,727 | €109,426 | +€38,699 | +54.7% |
| Amounts payable after more than one year | 17 | €0 | €20,775 | +€20,775 | |
| Financial debts | 170/4 | €0 | - | = | |
| Advances received on contracts in progress | 176 | - | €20,775 | +€20,775 | |
| Amounts payable within one year | 42/48 | €70,727 | €88,651 | +€17,924 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €16,680 | €12,094 | -€4,586 | -27.5% |
| Trade debts | 44 | €2,240 | €5,252 | +€3,012 | +134% |
| Suppliers | 440/4 | €2,240 | €5,252 | +€3,012 | +134% |
| Taxes, remuneration and social security | 45 | €51,807 | €71,305 | +€19,498 | +37.6% |
| Taxes | 450/3 | €47,807 | €71,305 | +€23,498 | +49.2% |
| Remuneration and social security | 454/9 | €4,000 | €0 | -€4,000 | -100% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,572 | €21,396 | +€824 | +4.0% |
| Other operating charges | 640/8 | €1,996 | €5,280 | +€3,284 | +165% |
| Non-recurring operating charges | 66A | €251 | €2,200 | +€1,949 | +777% |
| Gross operating margin | 9900 | €183,805 | €149,808 | -€33,996 | -18.5% |
| Operating profit (loss) | 9901 | €160,985 | €120,932 | -€40,053 | -24.9% |
| Financial income | 75/76B | €12,249 | €13,231 | +€982 | +8.0% |
| Recurring financial income | 75 | €12,249 | €13,231 | +€982 | +8.0% |
| Financial charges | 65/66B | €2,776 | €3,688 | +€912 | +32.9% |
| Recurring financial charges | 65 | €2,776 | €3,688 | +€912 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €170,459 | €130,475 | -€39,984 | -23.5% |
| Income taxes | 67/77 | €53,480 | €37,270 | -€16,210 | -30.3% |
| Profit (loss) for the period | 9904 | €116,979 | €93,205 | -€23,774 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €116,979 | €93,205 | -€23,774 | -20.3% |
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 14 October 2026 via checked.be.