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SoeaSack: 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.

What changed

SoeaSack

BE 0734.633.458
NACE 46.180, Agents specialised in the wholesale of other particular products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2,452
2023 · -€3,775+€6,227
Equity
-€20,219
2023 · -€22,671+€2,452
Cash
€196
2023 · €340-€144
Balance sheet total
€72,909
2023 · €65,640+€7,268

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€11,254

    up €11,254 (+528.7%), from €2,129 to €13,382

    of which Trade receivables: +€11,165

  • Stocks and contracts -€3,824

    down €3,824 (-6.1%), from €63,155 to €59,331

Equity and liabilities
  • Other debts +€15,028

    up €15,028 (+22.9%), from €65,749 to €80,777

  • Short-term financial debts -€10,302

    down €10,302 (-47.4%), from €21,743 to €11,441

  • Profit (loss) carried forward +€2,452

    up €2,452 (+5.7%), from -€42,671 to -€40,219

Income statement
  • Gross operating margin +€6,130

    up €6,130, from -€551 to €5,579

  • Financial charges -€519

    down €519 (-17.5%), from €2,958 to €2,439

  • Financial income -€349

    down €349 (-99.6%), from €350 to €1

  • Staff costs +€119

    new in 2024: €119

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€3,775
Gross operating margin +€6,130
Staff costs -€119
Depreciation +€29
Other operating charges +€18
Financial income -€349
Financial charges +€519
Taxes -€0
Result 2024 €2,452

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€10,157
Investment €0
Financing -€10,302
Cash 2023 €340
Net result for the year +€2,452
Stocks and contracts +€3,824
Receivables within one year -€11,254
Smaller working-capital items +€21
Tax, wage and social debts +€87
Other debts +€15,028
Short-term financial debts -€10,302
Cash 2024 €196
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €65,640 €72,909 +€7,268 +11.1%
Current assets 29/58 €65,640 €72,909 +€7,268 +11.1%
Stocks and contracts in progress 3 €63,155 €59,331 -€3,824 -6.1%
Stocks 30/36 €63,155 €59,331 -€3,824 -6.1%
Amounts receivable within one year 40/41 €2,129 €13,382 +€11,254 +528.7%
Trade receivables 40 €1,914 €13,080 +€11,165 +583.2%
Other amounts receivable 41 €214 €303 +€89 +41.3%
Cash at bank and in hand 54/58 €340 €196 -€144 -42.5%
Deferred charges and accrued income 490/1 €17 - -€17
Total equity and liabilities 10/49 €65,640 €72,909 +€7,268 +11.1%
Equity 10/15 -€22,671 -€20,219 +€2,452 +10.8%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€42,671 -€40,219 +€2,452 +5.7%
Amounts payable 17/49 €88,311 €93,127 +€4,816 +5.5%
Amounts payable within one year 42/48 €88,311 €93,127 +€4,816 +5.5%
Financial debts 43 €21,743 €11,441 -€10,302 -47.4%
Credit institutions 430/8 €21,743 €11,441 -€10,302 -47.4%
Trade debts 44 €720 €724 +€4 +0.5%
Suppliers 440/4 €720 €724 +€4 +0.5%
Taxes, remuneration and social security 45 €99 €185 +€87 +88.0%
Taxes 450/3 €99 €185 +€87 +88.0%
Other amounts payable 47/48 €65,749 €80,777 +€15,028 +22.9%
Remuneration, social security and pensions 62 - €119 +€119
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €29 - -€29
Other operating charges 640/8 €588 €570 -€18 -3.1%
Gross operating margin 9900 -€551 €5,579 +€6,130
Operating profit (loss) 9901 -€1,168 €4,890 +€6,058
Financial income 75/76B €350 €1 -€349 -99.6%
Recurring financial income 75 €350 €1 -€349 -99.6%
Financial charges 65/66B €2,958 €2,439 -€519 -17.5%
Recurring financial charges 65 €2,958 €2,439 -€519 -17.5%
Profit (loss) for the period before taxes 9903 -€3,775 €2,452 +€6,228
Income taxes 67/77 -€0 €0 +€0
Profit (loss) for the period 9904 -€3,775 €2,452 +€6,227
Profit (loss) for the period to be appropriated 9905 -€3,775 €2,452 +€6,227

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.