SO Tax: 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 Tax
Largest movements
- Receivables within one year +€18,981
new in 2025: €18,981
- Cash +€3,442
up €3,442 (+6.3%), from €54,540 to €57,981
mainly Net result for the year (+€20,311) and Tax, wage and social debts (+€3,958)
- Tangible fixed assets +€2,533
new in 2025: €2,533
- Profit (loss) carried forward +€20,311
up €20,311 (+79.3%), from €25,603 to €45,914
- Tax, wage and social debts +€3,958
up €3,958 (+15.2%), from €26,020 to €29,978
- Gross operating margin -€3,673
down €3,673 (-10.6%), from €34,741 to €31,068
- Taxes +€2,035
up €2,035 (+25.1%), from €8,108 to €10,143
- Other operating charges -€441
down €441 (-45.6%), from €968 to €527
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 | €54,790 | €79,745 | +€24,956 | +45.5% |
| Fixed assets | 21/28 | - | €2,533 | +€2,533 | |
| Tangible fixed assets | 22/27 | - | €2,533 | +€2,533 | |
| Furniture and vehicles | 24 | - | €2,533 | +€2,533 | |
| Current assets | 29/58 | €54,790 | €77,212 | +€22,423 | +40.9% |
| Amounts receivable within one year | 40/41 | - | €18,981 | +€18,981 | |
| Other amounts receivable | 41 | - | €18,981 | +€18,981 | |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,540 | €57,981 | +€3,442 | +6.3% |
| Total equity and liabilities | 10/49 | €54,790 | €79,745 | +€24,956 | +45.5% |
| Equity | 10/15 | €28,103 | €48,414 | +€20,311 | +72.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,603 | €45,914 | +€20,311 | +79.3% |
| Amounts payable | 17/49 | €26,687 | €31,331 | +€4,644 | +17.4% |
| Amounts payable within one year | 42/48 | €26,687 | €31,331 | +€4,644 | +17.4% |
| Trade debts | 44 | €667 | €1,353 | +€687 | +103% |
| Suppliers | 440/4 | €667 | €1,353 | +€687 | +103% |
| Taxes, remuneration and social security | 45 | €26,020 | €29,978 | +€3,958 | +15.2% |
| Taxes | 450/3 | €26,020 | €29,978 | +€3,958 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €16 | +€16 | |
| Other operating charges | 640/8 | €968 | €527 | -€441 | -45.6% |
| Gross operating margin | 9900 | €34,741 | €31,068 | -€3,673 | -10.6% |
| Operating profit (loss) | 9901 | €33,773 | €30,526 | -€3,247 | -9.6% |
| Financial charges | 65/66B | €62 | €72 | +€10 | +16.1% |
| Recurring financial charges | 65 | €62 | €72 | +€10 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €33,711 | €30,454 | -€3,257 | -9.7% |
| Income taxes | 67/77 | €8,108 | €10,143 | +€2,035 | +25.1% |
| Profit (loss) for the period | 9904 | €25,603 | €20,311 | -€5,292 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,603 | €20,311 | -€5,292 | -20.7% |
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 1 November 2026 via checked.be.