SoftTouch-Wallonie: 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.
SoftTouch-Wallonie
Largest movements
- Receivables within one year -€102,913
down €102,913 (-54.1%), from €190,110 to €87,197
of which Trade receivables: -€79,453
- Stocks and contracts -€35,000
down €35,000 (-36.1%), from €96,859 to €61,859
- Cash +€20,714
up €20,714 (+295.2%), from €7,016 to €27,730
mainly Receivables within one year (+€102,913) and Stocks and contracts (+€35,000)
- Tangible fixed assets -€12,659
down €12,659 (-8.3%), from €152,057 to €139,398
of which Furniture and vehicles: -€13,415
- Advances received -€53,141
down €53,141 (-100.0%), from €53,141 to €0
- Tax, wage and social debts -€41,654
down €41,654 (-54.2%), from €76,843 to €35,189
of which Taxes: -€38,555
- Current portion of long-term debt -€39,298
down €39,298 (-81.9%), from €47,986 to €8,688
- Trade debts -€17,225
down €17,225 (-16.9%), from €101,920 to €84,695
- Other debts +€16,929
up €16,929 (+268.5%), from €6,304 to €23,234
- Gross operating margin -€37,246
down €37,246 (-35.4%), from €105,109 to €67,863
- Staff costs -€31,393
down €31,393 (-48.9%), from €64,246 to €32,854
- Other operating charges -€2,940
down €2,940 (-87.6%), from €3,357 to €417
- Financial charges +€2,749
up €2,749 (+45.5%), from €6,035 to €8,784
- Taxes -€1,780
down €1,780 (-33.1%), from €5,383 to €3,603
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479,468 | €351,228 | -€128,240 | -26.7% |
| Fixed assets | 21/28 | €154,837 | €139,678 | -€15,159 | -9.8% |
| Intangible fixed assets | 21 | €2,500 | €0 | -€2,500 | -100.0% |
| Tangible fixed assets | 22/27 | €152,057 | €139,398 | -€12,659 | -8.3% |
| Land and buildings | 22 | €102,200 | €101,876 | -€324 | -0.3% |
| Plant, machinery and equipment | 23 | €96 | €1,177 | +€1,081 | +1125.9% |
| Furniture and vehicles | 24 | €28,060 | €14,644 | -€13,415 | -47.8% |
| Assets under construction and advance payments | 27 | €21,701 | €21,701 | = | 0.0% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €324,631 | €211,550 | -€113,081 | -34.8% |
| Stocks and contracts in progress | 3 | €96,859 | €61,859 | -€35,000 | -36.1% |
| Stocks | 30/36 | €96,859 | €61,859 | -€35,000 | -36.1% |
| Amounts receivable within one year | 40/41 | €190,110 | €87,197 | -€102,913 | -54.1% |
| Trade receivables | 40 | €97,613 | €18,159 | -€79,453 | -81.4% |
| Other amounts receivable | 41 | €92,497 | €69,037 | -€23,460 | -25.4% |
| Current investments | 50/53 | €28,257 | €32,514 | +€4,258 | +15.1% |
| Cash at bank and in hand | 54/58 | €7,016 | €27,730 | +€20,714 | +295.2% |
| Deferred charges and accrued income | 490/1 | €2,390 | €2,250 | -€140 | -5.8% |
| Total equity and liabilities | 10/49 | €479,468 | €351,228 | -€128,240 | -26.7% |
| Equity | 10/15 | €130,543 | €136,692 | +€6,149 | +4.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,543 | €92,692 | +€6,149 | +7.1% |
| Amounts payable | 17/49 | €348,925 | €214,536 | -€134,389 | -38.5% |
| Amounts payable after more than one year | 17 | €62,731 | €62,731 | = | 0.0% |
| Financial debts | 170/4 | €62,731 | €62,731 | = | 0.0% |
| Amounts payable within one year | 42/48 | €286,194 | €151,805 | -€134,389 | -47.0% |
| Current portion of amounts payable after more than one year | 42 | €47,986 | €8,688 | -€39,298 | -81.9% |
| Trade debts | 44 | €101,920 | €84,695 | -€17,225 | -16.9% |
| Suppliers | 440/4 | €101,920 | €84,695 | -€17,225 | -16.9% |
| Advances received on contracts in progress | 46 | €53,141 | €0 | -€53,141 | -100.0% |
| Taxes, remuneration and social security | 45 | €76,843 | €35,189 | -€41,654 | -54.2% |
| Taxes | 450/3 | €68,360 | €29,805 | -€38,555 | -56.4% |
| Remuneration and social security | 454/9 | €8,484 | €5,384 | -€3,099 | -36.5% |
| Other amounts payable | 47/48 | €6,304 | €23,234 | +€16,929 | +268.5% |
| Remuneration, social security and pensions | 62 | €64,246 | €32,854 | -€31,393 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,500 | €16,398 | +€898 | +5.8% |
| Other operating charges | 640/8 | €3,357 | €417 | -€2,940 | -87.6% |
| Gross operating margin | 9900 | €105,109 | €67,863 | -€37,246 | -35.4% |
| Operating profit (loss) | 9901 | €22,005 | €18,194 | -€3,811 | -17.3% |
| Financial income | 75/76B | €89 | €341 | +€252 | +282.8% |
| Recurring financial income | 75 | €89 | €341 | +€252 | +282.8% |
| Financial charges | 65/66B | €6,035 | €8,784 | +€2,749 | +45.5% |
| Recurring financial charges | 65 | €6,035 | €8,784 | +€2,749 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €16,060 | €9,752 | -€6,308 | -39.3% |
| Income taxes | 67/77 | €5,383 | €3,603 | -€1,780 | -33.1% |
| Profit (loss) for the period | 9904 | €10,676 | €6,149 | -€4,527 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,676 | €6,149 | -€4,527 | -42.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.