SOENEN B & I: 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.
SOENEN B & I
Largest movements
- Current investments +€109,485
up €109,485 (+103%), from €106,081 to €215,566
- Receivables within one year -€57,198
down €57,198 (-85.1%), from €67,228 to €10,030
of which Trade receivables: -€44,738
- Tangible fixed assets -€16,430
down €16,430 (-4.8%), from €345,541 to €329,111
of which Land and buildings: -€14,843
- Cash +€12,455
up €12,455 (+20.6%), from €60,470 to €72,924
mainly Net result for the year (+€90,375) and Depreciation (+€62,179)
- Deferred charges and accrued income +€9,677
new in 2025: €9,677
- Reserves +€90,375
up €90,375 (+20.7%), from €436,356 to €526,731
- Debts after one year -€28,174
no longer reported in 2025 (was €28,174)
- Gross operating margin -€26,915
down €26,915 (-9.2%), from €292,960 to €266,045
- Depreciation +€13,592
up €13,592 (+28.0%), from €48,587 to €62,179
- Taxes -€10,691
down €10,691 (-24.6%), from €43,471 to €32,780
- Financial charges -€4,162
down €4,162 (-22.8%), from €18,259 to €14,097
- Financial income +€3,576
up €3,576 (+1,548%), from €231 to €3,807
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 | €585,049 | €650,012 | +€64,962 | +11.1% |
| Fixed assets | 21/28 | €350,795 | €332,518 | -€18,278 | -5.2% |
| Intangible fixed assets | 21 | €5,254 | €3,407 | -€1,847 | -35.2% |
| Tangible fixed assets | 22/27 | €345,541 | €329,111 | -€16,430 | -4.8% |
| Land and buildings | 22 | €208,285 | €193,441 | -€14,843 | -7.1% |
| Plant, machinery and equipment | 23 | €79,302 | €91,420 | +€12,119 | +15.3% |
| Furniture and vehicles | 24 | €57,955 | €44,249 | -€13,706 | -23.6% |
| Current assets | 29/58 | €234,254 | €317,494 | +€83,240 | +35.5% |
| Stocks and contracts in progress | 3 | €475 | €9,297 | +€8,821 | +1,855% |
| Stocks | 30/36 | €475 | €1,758 | +€1,283 | +270% |
| Contracts in progress | 37 | - | €7,539 | +€7,539 | |
| Amounts receivable within one year | 40/41 | €67,228 | €10,030 | -€57,198 | -85.1% |
| Trade receivables | 40 | €54,269 | €9,531 | -€44,738 | -82.4% |
| Other amounts receivable | 41 | €12,959 | €499 | -€12,460 | -96.1% |
| Current investments | 50/53 | €106,081 | €215,566 | +€109,485 | +103% |
| Cash at bank and in hand | 54/58 | €60,470 | €72,924 | +€12,455 | +20.6% |
| Deferred charges and accrued income | 490/1 | - | €9,677 | +€9,677 | |
| Total equity and liabilities | 10/49 | €585,049 | €650,012 | +€64,962 | +11.1% |
| Equity | 10/15 | €456,816 | €547,191 | +€90,375 | +19.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €436,356 | €526,731 | +€90,375 | +20.7% |
| Distributable reserves | 133 | €436,356 | €526,731 | +€90,375 | +20.7% |
| Amounts payable | 17/49 | €128,234 | €102,821 | -€25,413 | -19.8% |
| Amounts payable after more than one year | 17 | €28,174 | - | -€28,174 | |
| Financial debts | 170/4 | €28,174 | - | -€28,174 | |
| Amounts payable within one year | 42/48 | €91,823 | €91,784 | -€39 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €27,199 | €27,509 | +€310 | +1.1% |
| Trade debts | 44 | €11,689 | €16,383 | +€4,693 | +40.2% |
| Suppliers | 440/4 | €11,689 | €16,383 | +€4,693 | +40.2% |
| Taxes, remuneration and social security | 45 | €11,770 | €8,199 | -€3,571 | -30.3% |
| Taxes | 450/3 | €11,770 | €5,841 | -€5,928 | -50.4% |
| Remuneration and social security | 454/9 | - | €2,358 | +€2,358 | |
| Other amounts payable | 47/48 | €41,166 | €39,694 | -€1,472 | -3.6% |
| Accrued charges and deferred income | 492/3 | €8,237 | €11,037 | +€2,800 | +34.0% |
| Remuneration, social security and pensions | 62 | €64,216 | €62,800 | -€1,417 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,587 | €62,179 | +€13,592 | +28.0% |
| Other operating charges | 640/8 | €7,510 | €7,622 | +€112 | +1.5% |
| Gross operating margin | 9900 | €292,960 | €266,045 | -€26,915 | -9.2% |
| Operating profit (loss) | 9901 | €172,648 | €133,445 | -€39,203 | -22.7% |
| Financial income | 75/76B | €231 | €3,807 | +€3,576 | +1,548% |
| Recurring financial income | 75 | €231 | €3,807 | +€3,576 | +1,548% |
| Financial charges | 65/66B | €18,259 | €14,097 | -€4,162 | -22.8% |
| Recurring financial charges | 65 | €18,259 | €14,097 | -€4,162 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €154,620 | €123,155 | -€31,465 | -20.3% |
| Income taxes | 67/77 | €43,471 | €32,780 | -€10,691 | -24.6% |
| Profit (loss) for the period | 9904 | €111,149 | €90,375 | -€20,774 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €111,149 | €90,375 | -€20,774 | -18.7% |
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 23 October 2026 via checked.be.