SOEPMIE: 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.
SOEPMIE
Largest movements
- Receivables within one year +€33,619
up €33,619 (+110%), from €30,676 to €64,295
of which Trade receivables: +€33,297
- Cash -€25,548
down €25,548 (-69.0%), from €37,005 to €11,457
mainly Receivables within one year (-€33,619) and Debts after one year (-€22,202)
- Tangible fixed assets -€17,424
down €17,424 (-9.3%), from €186,959 to €169,534
of which Furniture and vehicles: -€9,068
- Reserves +€28,522
up €28,522 (+134%), from €21,238 to €49,759
of which Distributable reserves: +€28,522
- Debts after one year -€22,202
down €22,202 (-16.4%), from €135,125 to €112,923
- Tax, wage and social debts -€13,427
down €13,427 (-42.4%), from €31,650 to €18,223
of which Remuneration and social security: -€16,887
- Other debts +€10,126
up €10,126 (+70.6%), from €14,338 to €24,463
- Trade debts -€9,399
down €9,399 (-57.7%), from €16,284 to €6,885
- Gross operating margin +€24,144
up €24,144 (+22.4%), from €107,680 to €131,824
- Taxes +€5,428
up €5,428 (+89.0%), from €6,097 to €11,524
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 | €263,055 | €252,439 | -€10,616 | -4.0% |
| Fixed assets | 21/28 | €192,326 | €174,541 | -€17,784 | -9.2% |
| Intangible fixed assets | 21 | €2,520 | €2,160 | -€360 | -14.3% |
| Tangible fixed assets | 22/27 | €186,959 | €169,534 | -€17,424 | -9.3% |
| Land and buildings | 22 | €143,833 | €137,049 | -€6,783 | -4.7% |
| Plant, machinery and equipment | 23 | €7,191 | €5,618 | -€1,573 | -21.9% |
| Furniture and vehicles | 24 | €35,935 | €26,867 | -€9,068 | -25.2% |
| Financial fixed assets | 28 | €2,847 | €2,847 | = | 0.0% |
| Current assets | 29/58 | €70,730 | €77,898 | +€7,168 | +10.1% |
| Stocks and contracts in progress | 3 | €3,048 | €2,146 | -€903 | -29.6% |
| Stocks | 30/36 | €3,048 | €2,146 | -€903 | -29.6% |
| Amounts receivable within one year | 40/41 | €30,676 | €64,295 | +€33,619 | +110% |
| Trade receivables | 40 | €28,771 | €62,068 | +€33,297 | +116% |
| Other amounts receivable | 41 | €1,905 | €2,227 | +€322 | +16.9% |
| Cash at bank and in hand | 54/58 | €37,005 | €11,457 | -€25,548 | -69.0% |
| Total equity and liabilities | 10/49 | €263,055 | €252,439 | -€10,616 | -4.0% |
| Equity | 10/15 | €36,788 | €65,309 | +€28,522 | +77.5% |
| Contributions | 10/11 | €15,550 | €15,550 | = | 0.0% |
| Reserves | 13 | €21,238 | €49,759 | +€28,522 | +134% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €16,238 | €44,759 | +€28,522 | +176% |
| Amounts payable | 17/49 | €226,267 | €187,130 | -€39,138 | -17.3% |
| Amounts payable after more than one year | 17 | €135,125 | €112,923 | -€22,202 | -16.4% |
| Financial debts | 170/4 | €135,125 | €112,923 | -€22,202 | -16.4% |
| Amounts payable within one year | 42/48 | €91,142 | €74,207 | -€16,935 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €21,318 | €22,202 | +€884 | +4.1% |
| Trade debts | 44 | €16,284 | €6,885 | -€9,399 | -57.7% |
| Suppliers | 440/4 | €16,284 | €6,885 | -€9,399 | -57.7% |
| Advances received on contracts in progress | 46 | €7,552 | €2,433 | -€5,119 | -67.8% |
| Taxes, remuneration and social security | 45 | €31,650 | €18,223 | -€13,427 | -42.4% |
| Taxes | 450/3 | €10,660 | €14,120 | +€3,460 | +32.5% |
| Remuneration and social security | 454/9 | €20,990 | €4,103 | -€16,887 | -80.5% |
| Other amounts payable | 47/48 | €14,338 | €24,463 | +€10,126 | +70.6% |
| Non-recurring operating income | 76A | - | €1,528 | +€1,528 | |
| Remuneration, social security and pensions | 62 | €63,086 | €64,276 | +€1,190 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,827 | €19,312 | +€485 | +2.6% |
| Other operating charges | 640/8 | €2,239 | €2,301 | +€62 | +2.7% |
| Gross operating margin | 9900 | €107,680 | €131,824 | +€24,144 | +22.4% |
| Operating profit (loss) | 9901 | €23,528 | €45,935 | +€22,407 | +95.2% |
| Financial income | 75/76B | €180 | €214 | +€34 | +18.9% |
| Recurring financial income | 75 | €180 | €214 | +€34 | +18.9% |
| Financial charges | 65/66B | €6,563 | €6,104 | -€459 | -7.0% |
| Recurring financial charges | 65 | €6,563 | €6,104 | -€459 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €17,146 | €40,046 | +€22,900 | +134% |
| Income taxes | 67/77 | €6,097 | €11,524 | +€5,428 | +89.0% |
| Profit (loss) for the period | 9904 | €11,049 | €28,522 | +€17,473 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €11,049 | €28,522 | +€17,473 | +158% |
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 15 October 2026 via checked.be.