SOERVELD: 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.
SOERVELD
Largest movements
- Tangible fixed assets -€21,667
down €21,667 (-14.3%), from €151,580 to €129,913
- Cash +€6,840
up €6,840 (+80.5%), from €8,501 to €15,340
mainly Depreciation (+€21,667) and Net result for the year (+€8,806)
- Debts after one year -€31,172
down €31,172 (-56.5%), from €55,182 to €24,009
- Profit (loss) carried forward +€8,806
up €8,806 (+89.2%), from €9,878 to €18,684
- Other debts +€4,800
up €4,800 (+10.2%), from €47,028 to €51,828
- Gross operating margin +€1,933
up €1,933 (+5.4%), from €35,862 to €37,795
- Financial charges -€876
down €876 (-26.4%), from €3,317 to €2,441
- Taxes +€624
up €624 (+26.7%), from €2,337 to €2,960
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 | €161,262 | €145,254 | -€16,009 | -9.9% |
| Fixed assets | 21/28 | €151,580 | €129,913 | -€21,667 | -14.3% |
| Tangible fixed assets | 22/27 | €151,580 | €129,913 | -€21,667 | -14.3% |
| Land and buildings | 22 | €151,580 | €129,913 | -€21,667 | -14.3% |
| Current assets | 29/58 | €9,682 | €15,340 | +€5,658 | +58.4% |
| Amounts receivable within one year | 40/41 | €698 | €0 | -€698 | -100.0% |
| Other amounts receivable | 41 | €698 | €0 | -€698 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,501 | €15,340 | +€6,840 | +80.5% |
| Deferred charges and accrued income | 490/1 | €484 | €0 | -€484 | -100.0% |
| Total equity and liabilities | 10/49 | €161,262 | €145,254 | -€16,009 | -9.9% |
| Equity | 10/15 | €28,478 | €37,284 | +€8,806 | +30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,878 | €18,684 | +€8,806 | +89.2% |
| Amounts payable | 17/49 | €132,785 | €107,970 | -€24,815 | -18.7% |
| Amounts payable after more than one year | 17 | €55,182 | €24,009 | -€31,172 | -56.5% |
| Financial debts | 170/4 | €55,182 | €24,009 | -€31,172 | -56.5% |
| Amounts payable within one year | 42/48 | €77,603 | €83,960 | +€6,357 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €30,239 | €31,172 | +€934 | +3.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €337 | €960 | +€624 | +185.3% |
| Taxes | 450/3 | €337 | €960 | +€624 | +185.3% |
| Other amounts payable | 47/48 | €47,028 | €51,828 | +€4,800 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,667 | €21,667 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,864 | €1,921 | +€57 | +3.0% |
| Gross operating margin | 9900 | €35,862 | €37,795 | +€1,933 | +5.4% |
| Operating profit (loss) | 9901 | €12,332 | €14,208 | +€1,876 | +15.2% |
| Financial charges | 65/66B | €3,317 | €2,441 | -€876 | -26.4% |
| Recurring financial charges | 65 | €3,317 | €2,441 | -€876 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €9,015 | €11,767 | +€2,752 | +30.5% |
| Income taxes | 67/77 | €2,337 | €2,960 | +€624 | +26.7% |
| Profit (loss) for the period | 9904 | €6,678 | €8,806 | +€2,128 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,678 | €8,806 | +€2,128 | +31.9% |
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 6 October 2026 via checked.be.