SOAN: 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.
SOAN
Largest movements
- Receivables within one year -€9,139
down €9,139 (-13.7%), from €66,773 to €57,634
of which Other amounts receivable: -€25,001
- Cash +€6,898
up €6,898 (+267.4%), from €2,579 to €9,477
mainly Net result for the year (+€35,202) and Receivables within one year (+€9,139)
- Tangible fixed assets +€762
up €762 (+140.5%), from €542 to €1,304
- Profit (loss) carried forward +€35,202
up €35,202 (+759.3%), from €4,636 to €39,839
- Other debts -€31,511
no longer reported in 2023 (was €31,511)
- Trade debts -€11,922
down €11,922 (-98.8%), from €12,064 to €142
- Tax, wage and social debts +€6,174
up €6,174 (+43.2%), from €14,287 to €20,461
- Gross operating margin +€52,954
up €52,954, from -€5,498 to €47,456
- Taxes +€19,202
up €19,202, from -€9,873 to €9,329
- Depreciation -€740
down €740 (-91.8%), from €806 to €66
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,558 | €68,501 | -€2,057 | -2.9% |
| Fixed assets | 21/28 | €629 | €1,391 | +€762 | +121.1% |
| Tangible fixed assets | 22/27 | €542 | €1,304 | +€762 | +140.5% |
| Furniture and vehicles | 24 | €542 | €1,304 | +€762 | +140.5% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €69,929 | €67,110 | -€2,819 | -4.0% |
| Amounts receivable within one year | 40/41 | €66,773 | €57,634 | -€9,139 | -13.7% |
| Trade receivables | 40 | €14,700 | €30,562 | +€15,862 | +107.9% |
| Other amounts receivable | 41 | €52,073 | €27,071 | -€25,001 | -48.0% |
| Cash at bank and in hand | 54/58 | €2,579 | €9,477 | +€6,898 | +267.4% |
| Deferred charges and accrued income | 490/1 | €577 | - | -€577 | |
| Total equity and liabilities | 10/49 | €70,558 | €68,501 | -€2,057 | -2.9% |
| Equity | 10/15 | €12,696 | €47,899 | +€35,202 | +277.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,636 | €39,839 | +€35,202 | +759.3% |
| Amounts payable | 17/49 | €57,862 | €20,603 | -€37,259 | -64.4% |
| Amounts payable within one year | 42/48 | €57,862 | €20,603 | -€37,259 | -64.4% |
| Trade debts | 44 | €12,064 | €142 | -€11,922 | -98.8% |
| Suppliers | 440/4 | €12,064 | €142 | -€11,922 | -98.8% |
| Taxes, remuneration and social security | 45 | €14,287 | €20,461 | +€6,174 | +43.2% |
| Taxes | 450/3 | €14,287 | €20,461 | +€6,174 | +43.2% |
| Other amounts payable | 47/48 | €31,511 | - | -€31,511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €806 | €66 | -€740 | -91.8% |
| Other operating charges | 640/8 | €3,076 | €2,654 | -€422 | -13.7% |
| Gross operating margin | 9900 | -€5,498 | €47,456 | +€52,954 | |
| Operating profit (loss) | 9901 | -€9,380 | €44,735 | +€54,115 | |
| Financial charges | 65/66B | €455 | €204 | -€251 | -55.2% |
| Recurring financial charges | 65 | €455 | €204 | -€251 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,835 | €44,532 | +€54,367 | |
| Income taxes | 67/77 | -€9,873 | €9,329 | +€19,202 | |
| Profit (loss) for the period | 9904 | €38 | €35,202 | +€35,164 | +92929.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38 | €35,202 | +€35,164 | +92929.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.