Soen & More: 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.
Soen & More
Largest movements
- Cash -€68,515
down €68,515 (-81.9%), from €83,695 to €15,181
mainly Receivables within one year (-€27,351) and Tax, wage and social debts (-€19,126)
- Receivables within one year +€27,351
up €27,351 (+253.7%), from €10,782 to €38,133
of which Other amounts receivable: +€25,690
- Tangible fixed assets +€10,350
up €10,350 (+559.2%), from €1,851 to €12,201
- Current investments +€4,274
new in 2025: €4,274
- Deferred charges and accrued income +€2,200
up €2,200 (+2017.9%), from €109 to €2,309
- Tax, wage and social debts -€19,126
down €19,126 (-61.7%), from €30,986 to €11,860
- Reserves -€4,352
down €4,352 (-5.7%), from €76,428 to €72,076
- Gross operating margin -€25,025
down €25,025 (-60.3%), from €41,490 to €16,466
- Taxes -€7,914
down €7,914 (-97.3%), from €8,134 to €220
- Depreciation +€2,950
up €2,950 (+598.0%), from €493 to €3,444
- Financial charges +€2,450
up €2,450 (+74.9%), from €3,270 to €5,720
- Financial income +€503
up €503 (+514.3%), from €98 to €601
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 | €111,437 | €87,819 | -€23,618 | -21.2% |
| Fixed assets | 21/28 | €1,851 | €12,922 | +€11,071 | +598.1% |
| Intangible fixed assets | 21 | - | €721 | +€721 | |
| Tangible fixed assets | 22/27 | €1,851 | €12,201 | +€10,350 | +559.2% |
| Furniture and vehicles | 24 | €1,851 | €12,201 | +€10,350 | +559.2% |
| Current assets | 29/58 | €109,586 | €74,897 | -€34,689 | -31.7% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,782 | €38,133 | +€27,351 | +253.7% |
| Trade receivables | 40 | €8,014 | €9,676 | +€1,662 | +20.7% |
| Other amounts receivable | 41 | €2,768 | €28,458 | +€25,690 | +928.1% |
| Current investments | 50/53 | - | €4,274 | +€4,274 | |
| Cash at bank and in hand | 54/58 | €83,695 | €15,181 | -€68,515 | -81.9% |
| Deferred charges and accrued income | 490/1 | €109 | €2,309 | +€2,200 | +2017.9% |
| Total equity and liabilities | 10/49 | €111,437 | €87,819 | -€23,618 | -21.2% |
| Equity | 10/15 | €78,928 | €74,576 | -€4,352 | -5.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €76,428 | €72,076 | -€4,352 | -5.7% |
| Distributable reserves | 133 | €76,428 | €72,076 | -€4,352 | -5.7% |
| Amounts payable | 17/49 | €32,509 | €13,243 | -€19,266 | -59.3% |
| Amounts payable within one year | 42/48 | €32,509 | €13,243 | -€19,266 | -59.3% |
| Trade debts | 44 | €1,523 | €1,383 | -€140 | -9.2% |
| Suppliers | 440/4 | €1,523 | €1,383 | -€140 | -9.2% |
| Taxes, remuneration and social security | 45 | €30,986 | €11,860 | -€19,126 | -61.7% |
| Taxes | 450/3 | €30,986 | €11,860 | -€19,126 | -61.7% |
| Remuneration, social security and pensions | 62 | €66 | €163 | +€96 | +145.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493 | €3,444 | +€2,950 | +598.0% |
| Other operating charges | 640/8 | €308 | €583 | +€275 | +89.4% |
| Non-recurring operating charges | 66A | - | €11,289 | +€11,289 | |
| Gross operating margin | 9900 | €41,490 | €16,466 | -€25,025 | -60.3% |
| Operating profit (loss) | 9901 | €40,623 | €987 | -€39,636 | -97.6% |
| Financial income | 75/76B | €98 | €601 | +€503 | +514.3% |
| Recurring financial income | 75 | €98 | €601 | +€503 | +514.3% |
| Financial charges | 65/66B | €3,270 | €5,720 | +€2,450 | +74.9% |
| Recurring financial charges | 65 | €3,270 | €5,720 | +€2,450 | +74.9% |
| Profit (loss) for the period before taxes | 9903 | €37,451 | -€4,132 | -€41,583 | |
| Income taxes | 67/77 | €8,134 | €220 | -€7,914 | -97.3% |
| Profit (loss) for the period | 9904 | €29,317 | -€4,352 | -€33,670 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,317 | -€4,352 | -€33,670 |
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 4 October 2026 via checked.be.