Sohan: 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.
Sohan
Largest movements
- Stocks and contracts -€689,617
down €689,617 (-26.5%), from €2.6m to €1.9m
- Tangible fixed assets -€222,532
down €222,532 (-26.7%), from €833,729 to €611,197
- Other debts +€1.4m
up €1.4m (+31.0%), from €4.6m to €6.1m
- Profit (loss) carried forward -€933,760
down €933,760 (-21.7%), from -€4.3m to -€5.2m
- Short-term financial debts -€735,147
down €735,147 (-86.6%), from €849,147 to €114,000
- Trade debts -€641,641
down €641,641 (-97.6%), from €657,423 to €15,782
- Gross operating margin -€714,956
down €714,956, from €127,307 to -€587,649
- Purchases and services -€354,865
down €354,865 (-100.0%), from €354,865 to €0
- Turnover -€188,555
down €188,555 (-100.0%), from €188,555 to €0
- Depreciation -€8,464
down €8,464 (-3.6%), from €237,223 to €228,759
- Other operating charges -€6,722
down €6,722 (-27.9%), from €24,124 to €17,402
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 | €3,475,236 | €2,582,864 | -€892,373 | -25.7% |
| Fixed assets | 21/28 | €833,729 | €611,197 | -€222,532 | -26.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €833,729 | €611,197 | -€222,532 | -26.7% |
| Land and buildings | 22 | €470,786 | €366,482 | -€104,305 | -22.2% |
| Plant, machinery and equipment | 23 | €204,600 | €141,946 | -€62,654 | -30.6% |
| Furniture and vehicles | 24 | €158,343 | €102,770 | -€55,573 | -35.1% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,641,507 | €1,971,666 | -€669,841 | -25.4% |
| Stocks and contracts in progress | 3 | €2,598,621 | €1,909,004 | -€689,617 | -26.5% |
| Stocks | 30/36 | €2,598,621 | €1,909,004 | -€689,617 | -26.5% |
| Amounts receivable within one year | 40/41 | €39,131 | €47,394 | +€8,263 | +21.1% |
| Trade receivables | 40 | €37,303 | €18,246 | -€19,057 | -51.1% |
| Other amounts receivable | 41 | €1,828 | €29,148 | +€27,320 | +1494.2% |
| Cash at bank and in hand | 54/58 | €0 | €10,954 | +€10,954 | |
| Deferred charges and accrued income | 490/1 | €3,755 | €4,315 | +€560 | +14.9% |
| Total equity and liabilities | 10/49 | €3,475,236 | €2,582,864 | -€892,373 | -25.7% |
| Equity | 10/15 | -€4,274,946 | -€5,208,707 | -€933,760 | -21.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,293,546 | -€5,227,307 | -€933,760 | -21.7% |
| Amounts payable | 17/49 | €7,750,183 | €7,791,571 | +€41,388 | +0.5% |
| Amounts payable within one year | 42/48 | €7,750,183 | €7,791,571 | +€41,388 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €1,582,363 | €1,582,363 | = | 0.0% |
| Financial debts | 43 | €849,147 | €114,000 | -€735,147 | -86.6% |
| Credit institutions | 430/8 | €849,147 | €114,000 | -€735,147 | -86.6% |
| Trade debts | 44 | €657,423 | €15,782 | -€641,641 | -97.6% |
| Suppliers | 440/4 | €657,423 | €15,782 | -€641,641 | -97.6% |
| Taxes, remuneration and social security | 45 | €22,115 | €4,181 | -€17,934 | -81.1% |
| Taxes | 450/3 | €22,115 | €4,181 | -€17,934 | -81.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,639,134 | €6,075,244 | +€1.4m | +31.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €188,555 | €0 | -€188,555 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €354,865 | €0 | -€354,865 | -100.0% |
| Remuneration, social security and pensions | 62 | €6,169 | €412 | -€5,757 | -93.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,223 | €228,759 | -€8,464 | -3.6% |
| Other operating charges | 640/8 | €24,124 | €17,402 | -€6,722 | -27.9% |
| Gross operating margin | 9900 | €127,307 | -€587,649 | -€714,956 | |
| Operating profit (loss) | 9901 | -€140,209 | -€834,222 | -€694,012 | -495.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €96,705 | €98,571 | +€1,866 | +1.9% |
| Recurring financial charges | 65 | €96,705 | €98,571 | +€1,866 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€236,915 | -€932,793 | -€695,878 | -293.7% |
| Income taxes | 67/77 | €2,386 | €967 | -€1,419 | -59.5% |
| Profit (loss) for the period | 9904 | -€239,301 | -€933,760 | -€694,460 | -290.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€239,301 | -€933,760 | -€694,460 | -290.2% |
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 29 September 2026 via checked.be.