SoaKe: what changed
Two fiscal 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.
SoaKe
Largest movements
- Stocks and contracts +€20,834
up €20,834 (+269.1%), from €7,741 to €28,575
- Tangible fixed assets -€11,011
down €11,011 (-33.0%), from €33,412 to €22,401
of which Plant, machinery and equipment: -€6,551
- Cash +€6,605
up €6,605 (+128.6%), from €5,136 to €11,741
mainly Advances received (+€22,541) and Net result for the year (+€14,404)
- Receivables within one year -€1,552
down €1,552 (-98.7%), from €1,573 to €21
of which Other amounts receivable: -€857
- Other debts -€23,752
down €23,752 (-16.6%), from €143,012 to €119,260
- Advances received +€22,541
new in 2025: €22,541
- Profit (loss) carried forward +€14,404
up €14,404 (+12.2%), from -€118,030 to -€103,626
- Trade debts +€6,840
up €6,840 (+282.8%), from €2,419 to €9,259
- Debts after one year -€5,055
no longer reported in 2025 (was €5,055)
- Gross operating margin +€27,964
up €27,964, from -€2,733 to €25,231
- Financial income +€1,224
up €1,224 (+4844.0%), from €25 to €1,249
- Depreciation +€337
up €337 (+3.2%), from €10,675 to €11,011
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.
Cash bridge derived
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 | €50,301 | €65,511 | +€15,211 | +30.2% |
| Fixed assets | 21/28 | €33,412 | €22,401 | -€11,011 | -33.0% |
| Tangible fixed assets | 22/27 | €33,412 | €22,401 | -€11,011 | -33.0% |
| Plant, machinery and equipment | 23 | €19,173 | €12,623 | -€6,551 | -34.2% |
| Furniture and vehicles | 24 | €11,410 | €7,310 | -€4,100 | -35.9% |
| Other tangible fixed assets | 26 | €2,829 | €2,469 | -€360 | -12.7% |
| Current assets | 29/58 | €16,889 | €43,110 | +€26,222 | +155.3% |
| Stocks and contracts in progress | 3 | €7,741 | €28,575 | +€20,834 | +269.1% |
| Stocks | 30/36 | €7,741 | €28,575 | +€20,834 | +269.1% |
| Amounts receivable within one year | 40/41 | €1,573 | €21 | -€1,552 | -98.7% |
| Trade receivables | 40 | €695 | - | -€695 | |
| Other amounts receivable | 41 | €877 | €21 | -€857 | -97.7% |
| Cash at bank and in hand | 54/58 | €5,136 | €11,741 | +€6,605 | +128.6% |
| Deferred charges and accrued income | 490/1 | €2,439 | €2,775 | +€335 | +13.7% |
| Total equity and liabilities | 10/49 | €50,301 | €65,511 | +€15,211 | +30.2% |
| Equity | 10/15 | -€105,630 | -€91,226 | +€14,404 | +13.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,030 | -€103,626 | +€14,404 | +12.2% |
| Amounts payable | 17/49 | €155,931 | €156,737 | +€807 | +0.5% |
| Amounts payable after more than one year | 17 | €5,055 | - | -€5,055 | |
| Financial debts | 170/4 | €5,055 | - | -€5,055 | |
| Amounts payable within one year | 42/48 | €150,875 | €156,737 | +€5,862 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €5,306 | €5,055 | -€250 | -4.7% |
| Trade debts | 44 | €2,419 | €9,259 | +€6,840 | +282.8% |
| Suppliers | 440/4 | €2,419 | €9,259 | +€6,840 | +282.8% |
| Advances received on contracts in progress | 46 | - | €22,541 | +€22,541 | |
| Taxes, remuneration and social security | 45 | €139 | €622 | +€483 | +347.7% |
| Taxes | 450/3 | €139 | €622 | +€483 | +347.7% |
| Other amounts payable | 47/48 | €143,012 | €119,260 | -€23,752 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,675 | €11,011 | +€337 | +3.2% |
| Other operating charges | 640/8 | €547 | €562 | +€16 | +2.8% |
| Gross operating margin | 9900 | -€2,733 | €25,231 | +€27,964 | |
| Operating profit (loss) | 9901 | -€13,954 | €13,658 | +€27,612 | |
| Financial income | 75/76B | €25 | €1,249 | +€1,224 | +4844.0% |
| Recurring financial income | 75 | €25 | €1,249 | +€1,224 | +4844.0% |
| Financial charges | 65/66B | €672 | €502 | -€170 | -25.3% |
| Recurring financial charges | 65 | €672 | €502 | -€170 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,601 | €14,404 | +€29,005 | |
| Profit (loss) for the period | 9904 | -€14,601 | €14,404 | +€29,005 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,601 | €14,404 | +€29,005 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.