So Real Holding: 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.
So Real Holding
Largest movements
- Cash -€10,527
down €10,527 (-69.4%), from €15,162 to €4,635
mainly Receivables within one year (-€10,000) and Net result for the year (-€527)
- Receivables within one year +€10,000
new in 2025: €10,000
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges +€12
up €12 (+2.8%), from €449 to €462
- Gross operating margin -€2
down €2 (-3.0%), from -€64 to -€66
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 | €76,662 | €76,135 | -€527 | -0.7% |
| Fixed assets | 21/28 | €61,500 | €61,500 | = | 0.0% |
| Financial fixed assets | 28 | €61,500 | €61,500 | = | 0.0% |
| Current assets | 29/58 | €15,162 | €14,635 | -€527 | -3.5% |
| Amounts receivable within one year | 40/41 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €15,162 | €4,635 | -€10,527 | -69.4% |
| Total equity and liabilities | 10/49 | €76,662 | €76,135 | -€527 | -0.7% |
| Equity | 10/15 | €16,662 | €16,135 | -€527 | -3.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,338 | -€3,865 | -€527 | -15.8% |
| Amounts payable | 17/49 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€64 | -€66 | -€2 | -3.0% |
| Operating profit (loss) | 9901 | -€513 | -€527 | -€14 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | -€513 | -€527 | -€14 | -2.8% |
| Profit (loss) for the period | 9904 | -€513 | -€527 | -€14 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€513 | -€527 | -€14 | -2.8% |
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 27 October 2026 via checked.be.