SOENEN BRUNO: 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.
SOENEN BRUNO
Largest movements
- Cash +€89,151
up €89,151 (+30.3%), from €294,685 to €383,837
mainly Net result for the year (+€195,111) and Depreciation (+€22,923)
- Receivables within one year +€65,722
up €65,722 (+26.6%), from €247,424 to €313,146
of which Other amounts receivable: +€70,639
- Tangible fixed assets -€21,463
down €21,463 (-18.2%), from €117,867 to €96,404
of which Land and buildings: -€13,314
- Reserves +€195,111
up €195,111 (+47.3%), from €412,680 to €607,792
of which Distributable reserves: +€195,111
- Other debts -€39,842
down €39,842 (-100.0%), from €39,842 to €0
- Debts after one year -€17,333
down €17,333 (-80.0%), from €21,667 to €4,334
- Trade debts -€15,430
down €15,430 (-42.3%), from €36,515 to €21,086
- Other operating charges -€77,452
down €77,452 (-91.1%), from €85,041 to €7,590
- Taxes +€39,969
up €39,969 (+83.2%), from €48,016 to €87,985
- Gross operating margin +€30,058
up €30,058 (+5.7%), from €525,871 to €555,928
- Staff costs -€15,169
down €15,169 (-6.0%), from €253,812 to €238,643
- Depreciation -€7,528
down €7,528 (-24.7%), from €30,450 to €22,923
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 | €667,268 | €795,570 | +€128,302 | +19.2% |
| Fixed assets | 21/28 | €117,867 | €96,404 | -€21,463 | -18.2% |
| Tangible fixed assets | 22/27 | €117,867 | €96,404 | -€21,463 | -18.2% |
| Land and buildings | 22 | €95,065 | €81,752 | -€13,314 | -14.0% |
| Plant, machinery and equipment | 23 | €7,406 | €3,877 | -€3,529 | -47.7% |
| Furniture and vehicles | 24 | €15,396 | €10,776 | -€4,621 | -30.0% |
| Current assets | 29/58 | €549,401 | €699,166 | +€149,765 | +27.3% |
| Amounts receivable within one year | 40/41 | €247,424 | €313,146 | +€65,722 | +26.6% |
| Trade receivables | 40 | €241,466 | €236,548 | -€4,917 | -2.0% |
| Other amounts receivable | 41 | €5,959 | €76,598 | +€70,639 | +1185.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €294,685 | €383,837 | +€89,151 | +30.3% |
| Deferred charges and accrued income | 490/1 | €7,291 | €2,184 | -€5,108 | -70.1% |
| Total equity and liabilities | 10/49 | €667,268 | €795,570 | +€128,302 | +19.2% |
| Equity | 10/15 | €425,080 | €620,192 | +€195,111 | +45.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €412,680 | €607,792 | +€195,111 | +47.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €412,680 | €607,792 | +€195,111 | +47.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €26,030 | €26,030 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,030 | €26,030 | = | 0.0% |
| Other liabilities and charges | 164/5 | €26,030 | €26,030 | = | 0.0% |
| Amounts payable | 17/49 | €216,157 | €149,348 | -€66,809 | -30.9% |
| Amounts payable after more than one year | 17 | €21,667 | €4,334 | -€17,333 | -80.0% |
| Financial debts | 170/4 | €21,667 | €4,334 | -€17,333 | -80.0% |
| Amounts payable within one year | 42/48 | €194,102 | €144,614 | -€49,488 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €17,333 | €17,333 | = | 0.0% |
| Trade debts | 44 | €36,515 | €21,086 | -€15,430 | -42.3% |
| Suppliers | 440/4 | €36,515 | €21,086 | -€15,430 | -42.3% |
| Advances received on contracts in progress | 46 | €4,120 | €4,613 | +€493 | +12.0% |
| Taxes, remuneration and social security | 45 | €96,292 | €101,582 | +€5,290 | +5.5% |
| Taxes | 450/3 | €33,249 | €52,966 | +€19,718 | +59.3% |
| Remuneration and social security | 454/9 | €63,043 | €48,616 | -€14,427 | -22.9% |
| Other amounts payable | 47/48 | €39,842 | €0 | -€39,842 | -100.0% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Remuneration, social security and pensions | 62 | €253,812 | €238,643 | -€15,169 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,450 | €22,923 | -€7,528 | -24.7% |
| Other operating charges | 640/8 | €85,041 | €7,590 | -€77,452 | -91.1% |
| Gross operating margin | 9900 | €525,871 | €555,928 | +€30,058 | +5.7% |
| Operating profit (loss) | 9901 | €156,567 | €286,773 | +€130,206 | +83.2% |
| Financial income | 75/76B | €1,662 | €1,436 | -€226 | -13.6% |
| Recurring financial income | 75 | €1,662 | €1,436 | -€226 | -13.6% |
| Financial charges | 65/66B | €1,757 | €5,113 | +€3,356 | +190.9% |
| Recurring financial charges | 65 | €1,757 | €5,113 | +€3,356 | +190.9% |
| Profit (loss) for the period before taxes | 9903 | €156,472 | €283,097 | +€126,625 | +80.9% |
| Income taxes | 67/77 | €48,016 | €87,985 | +€39,969 | +83.2% |
| Profit (loss) for the period | 9904 | €108,456 | €195,111 | +€86,656 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €108,456 | €195,111 | +€86,656 | +79.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.