Slijpdienst Soethoudt: 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.
Slijpdienst Soethoudt
Largest movements
- Cash -€38,767
down €38,767 (-40.5%), from €95,680 to €56,912
mainly Investment in fixed assets (net) (-€47,990) and Other debts (-€42,119)
- Tangible fixed assets -€29,230
down €29,230 (-7.3%), from €400,466 to €371,235
of which Leasing and similar rights: -€49,338
- Other debts -€42,119
down €42,119 (-28.7%), from €147,011 to €104,893
- Debts after one year -€37,440
down €37,440 (-19.9%), from €187,792 to €150,352
- Reserves +€25,265
up €25,265 (+32.8%), from €76,977 to €102,241
- Depreciation -€17,306
down €17,306 (-18.3%), from €94,526 to €77,220
- Gross operating margin -€16,904
down €16,904 (-4.1%), from €416,917 to €400,013
- Staff costs -€6,871
down €6,871 (-2.4%), from €284,130 to €277,259
- Financial income +€6,757
up €6,757 (+263%), from €2,570 to €9,327
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 | €703,067 | €643,312 | -€59,755 | -8.5% |
| Fixed assets | 21/28 | €400,466 | €371,235 | -€29,230 | -7.3% |
| Tangible fixed assets | 22/27 | €400,466 | €371,235 | -€29,230 | -7.3% |
| Land and buildings | 22 | €185,577 | €177,732 | -€7,845 | -4.2% |
| Plant, machinery and equipment | 23 | - | €28,524 | +€28,524 | |
| Furniture and vehicles | 24 | €2,284 | €1,713 | -€571 | -25.0% |
| Leasing and similar rights | 25 | €212,604 | €163,266 | -€49,338 | -23.2% |
| Current assets | 29/58 | €302,602 | €272,077 | -€30,525 | -10.1% |
| Stocks and contracts in progress | 3 | €111,326 | €115,543 | +€4,217 | +3.8% |
| Stocks | 30/36 | €111,326 | €115,543 | +€4,217 | +3.8% |
| Amounts receivable within one year | 40/41 | €95,596 | €99,621 | +€4,025 | +4.2% |
| Trade receivables | 40 | €87,983 | €91,977 | +€3,993 | +4.5% |
| Other amounts receivable | 41 | €7,613 | €7,644 | +€31 | +0.4% |
| Cash at bank and in hand | 54/58 | €95,680 | €56,912 | -€38,767 | -40.5% |
| Total equity and liabilities | 10/49 | €703,067 | €643,312 | -€59,755 | -8.5% |
| Equity | 10/15 | €202,856 | €228,120 | +€25,265 | +12.5% |
| Contributions | 10/11 | €125,879 | €125,879 | = | 0.0% |
| Reserves | 13 | €76,977 | €102,241 | +€25,265 | +32.8% |
| Distributable reserves | 133 | €76,977 | €102,241 | +€25,265 | +32.8% |
| Amounts payable | 17/49 | €500,212 | €415,192 | -€85,020 | -17.0% |
| Amounts payable after more than one year | 17 | €187,792 | €150,352 | -€37,440 | -19.9% |
| Financial debts | 170/4 | €187,792 | €150,352 | -€37,440 | -19.9% |
| Amounts payable within one year | 42/48 | €311,119 | €263,631 | -€47,489 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €65,599 | €58,572 | -€7,027 | -10.7% |
| Financial debts | 43 | €40,306 | €40,306 | = | 0.0% |
| Other loans | 439 | €40,306 | €40,306 | = | 0.0% |
| Trade debts | 44 | €27,502 | €30,428 | +€2,927 | +10.6% |
| Suppliers | 440/4 | €27,502 | €30,428 | +€2,927 | +10.6% |
| Taxes, remuneration and social security | 45 | €30,702 | €29,433 | -€1,269 | -4.1% |
| Taxes | 450/3 | €0 | €808 | +€808 | |
| Remuneration and social security | 454/9 | €30,702 | €28,625 | -€2,077 | -6.8% |
| Other amounts payable | 47/48 | €147,011 | €104,893 | -€42,119 | -28.7% |
| Accrued charges and deferred income | 492/3 | €1,300 | €1,209 | -€91 | -7.0% |
| Remuneration, social security and pensions | 62 | €284,130 | €277,259 | -€6,871 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,526 | €77,220 | -€17,306 | -18.3% |
| Other operating charges | 640/8 | €7,369 | €6,853 | -€516 | -7.0% |
| Gross operating margin | 9900 | €416,917 | €400,013 | -€16,904 | -4.1% |
| Operating profit (loss) | 9901 | €30,893 | €38,681 | +€7,788 | +25.2% |
| Financial income | 75/76B | €2,570 | €9,327 | +€6,757 | +263% |
| Recurring financial income | 75 | €2,570 | €9,327 | +€6,757 | +263% |
| Financial charges | 65/66B | €16,225 | €13,420 | -€2,805 | -17.3% |
| Recurring financial charges | 65 | €16,225 | €13,420 | -€2,805 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €17,238 | €34,588 | +€17,350 | +101% |
| Income taxes | 67/77 | €5,533 | €9,323 | +€3,791 | +68.5% |
| Profit (loss) for the period | 9904 | €11,705 | €25,265 | +€13,560 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €11,705 | €25,265 | +€13,560 | +116% |
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.