SOETE PETER: 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.
SOETE PETER
Largest movements
- Cash +€23,345
up €23,345 (+114.0%), from €20,477 to €43,821
mainly Net result for the year (+€20,708) and Receivables within one year (+€7,687)
- Receivables within one year -€7,687
down €7,687 (-100.0%), from €7,687 to €0
of which Trade receivables: -€5,127
- Deferred charges and accrued income -€1,411
down €1,411 (-75.2%), from €1,877 to €466
- Profit (loss) carried forward +€13,208
up €13,208 (+86.1%), from €15,344 to €28,552
- Other debts -€2,214
down €2,214 (-32.6%), from €6,788 to €4,574
- Tax, wage and social debts +€1,867
up €1,867 (+57.6%), from €3,241 to €5,107
- Trade debts +€1,845
up €1,845 (+147.0%), from €1,255 to €3,100
- Gross operating margin +€6,866
up €6,866 (+29.3%), from €23,461 to €30,327
- Taxes +€1,661
up €1,661 (+37.0%), from €4,493 to €6,154
- Financial charges -€684
down €684 (-79.2%), from €864 to €180
- Other operating charges +€514
up €514 (+44.7%), from €1,150 to €1,664
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 | €35,425 | €50,130 | +€14,705 | +41.5% |
| Fixed assets | 21/28 | €5,384 | €5,842 | +€458 | +8.5% |
| Tangible fixed assets | 22/27 | €3,884 | €4,342 | +€458 | +11.8% |
| Plant, machinery and equipment | 23 | €790 | €411 | -€379 | -48.0% |
| Furniture and vehicles | 24 | €3,094 | €3,932 | +€838 | +27.1% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €30,041 | €44,287 | +€14,247 | +47.4% |
| Amounts receivable within one year | 40/41 | €7,687 | €0 | -€7,687 | -100.0% |
| Trade receivables | 40 | €5,127 | €0 | -€5,127 | -100.0% |
| Other amounts receivable | 41 | €2,560 | €0 | -€2,560 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,477 | €43,821 | +€23,345 | +114.0% |
| Deferred charges and accrued income | 490/1 | €1,877 | €466 | -€1,411 | -75.2% |
| Total equity and liabilities | 10/49 | €35,425 | €50,130 | +€14,705 | +41.5% |
| Equity | 10/15 | €24,141 | €37,348 | +€13,208 | +54.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,796 | €6,796 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €6,596 | €6,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,344 | €28,552 | +€13,208 | +86.1% |
| Amounts payable | 17/49 | €11,284 | €12,782 | +€1,498 | +13.3% |
| Amounts payable within one year | 42/48 | €11,284 | €12,782 | +€1,498 | +13.3% |
| Trade debts | 44 | €1,255 | €3,100 | +€1,845 | +147.0% |
| Suppliers | 440/4 | €1,255 | €3,100 | +€1,845 | +147.0% |
| Taxes, remuneration and social security | 45 | €3,241 | €5,107 | +€1,867 | +57.6% |
| Taxes | 450/3 | €3,241 | €5,107 | +€1,867 | +57.6% |
| Other amounts payable | 47/48 | €6,788 | €4,574 | -€2,214 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,390 | €1,670 | +€281 | +20.2% |
| Other operating charges | 640/8 | €1,150 | €1,664 | +€514 | +44.7% |
| Non-recurring operating charges | 66A | €275 | €0 | -€275 | -100.0% |
| Gross operating margin | 9900 | €23,461 | €30,327 | +€6,866 | +29.3% |
| Operating profit (loss) | 9901 | €20,646 | €26,992 | +€6,346 | +30.7% |
| Financial income | 75/76B | €0 | €50 | +€50 | +26242.1% |
| Recurring financial income | 75 | €0 | €50 | +€50 | +26242.1% |
| Financial charges | 65/66B | €864 | €180 | -€684 | -79.2% |
| Recurring financial charges | 65 | €864 | €180 | -€684 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | €19,782 | €26,862 | +€7,080 | +35.8% |
| Income taxes | 67/77 | €4,493 | €6,154 | +€1,661 | +37.0% |
| Profit (loss) for the period | 9904 | €15,289 | €20,708 | +€5,419 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,289 | €20,708 | +€5,419 | +35.4% |
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 12 October 2026 via checked.be.