SOHET ET CIE: 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.
SOHET ET CIE
Largest movements
- Current investments -€180,559
down €180,559 (-17.7%), from €1.0m to €840,549
- Cash -€97,850
down €97,850 (-78.6%), from €124,429 to €26,579
mainly Other debts (-€205,165) and Receivables after one year (-€80,000)
- Receivables after one year +€80,000
new in 2025: €80,000
- Other debts -€205,165
no longer reported in 2025 (was €205,165)
- Financial income -€5,489
down €5,489 (-10.0%), from €55,142 to €49,653
- Taxes +€5,278
up €5,278 (+40.6%), from €12,999 to €18,278
- Gross operating margin +€4,801
up €4,801 (+47.7%), from €10,058 to €14,859
- Financial charges +€3,482
up €3,482 (+129%), from €2,699 to €6,182
- Depreciation -€332
no longer reported in 2025 (was €332)
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 | €1,155,368 | €955,349 | -€200,020 | -17.3% |
| Current assets | 29/58 | €1,155,368 | €955,349 | -€200,020 | -17.3% |
| Amounts receivable after more than one year | 29 | - | €80,000 | +€80,000 | |
| Other amounts receivable | 291 | - | €80,000 | +€80,000 | |
| Amounts receivable within one year | 40/41 | €4,408 | €7,077 | +€2,669 | +60.6% |
| Trade receivables | 40 | €1,222 | €1,008 | -€215 | -17.6% |
| Other amounts receivable | 41 | €3,186 | €6,070 | +€2,884 | +90.5% |
| Current investments | 50/53 | €1,021,108 | €840,549 | -€180,559 | -17.7% |
| Cash at bank and in hand | 54/58 | €124,429 | €26,579 | -€97,850 | -78.6% |
| Deferred charges and accrued income | 490/1 | €5,423 | €1,143 | -€4,280 | -78.9% |
| Total equity and liabilities | 10/49 | €1,155,368 | €955,349 | -€200,020 | -17.3% |
| Equity | 10/15 | €943,672 | €951,414 | +€7,742 | +0.8% |
| Contributions | 10/11 | €18,575 | €18,575 | = | 0.0% |
| Reserves | 13 | €925,097 | €932,839 | +€7,742 | +0.8% |
| Distributable reserves | 133 | €925,097 | €932,839 | +€7,742 | +0.8% |
| Amounts payable | 17/49 | €211,696 | €3,934 | -€207,762 | -98.1% |
| Amounts payable within one year | 42/48 | €211,336 | €3,934 | -€207,402 | -98.1% |
| Trade debts | 44 | €65 | €60 | -€5 | -7.7% |
| Suppliers | 440/4 | €65 | €60 | -€5 | -7.7% |
| Taxes, remuneration and social security | 45 | €6,106 | €3,874 | -€2,231 | -36.5% |
| Taxes | 450/3 | €6,106 | €3,874 | -€2,231 | -36.5% |
| Other amounts payable | 47/48 | €205,165 | - | -€205,165 | |
| Accrued charges and deferred income | 492/3 | €360 | - | -€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332 | - | -€332 | |
| Other operating charges | 640/8 | €1,355 | €1,310 | -€45 | -3.3% |
| Gross operating margin | 9900 | €10,058 | €14,859 | +€4,801 | +47.7% |
| Operating profit (loss) | 9901 | €8,371 | €13,548 | +€5,177 | +61.8% |
| Financial income | 75/76B | €55,142 | €49,653 | -€5,489 | -10.0% |
| Recurring financial income | 75 | €55,142 | €49,653 | -€5,489 | -10.0% |
| Financial charges | 65/66B | €2,699 | €6,182 | +€3,482 | +129% |
| Recurring financial charges | 65 | €2,699 | €6,182 | +€3,482 | +129% |
| Profit (loss) for the period before taxes | 9903 | €60,814 | €57,020 | -€3,794 | -6.2% |
| Income taxes | 67/77 | €12,999 | €18,278 | +€5,278 | +40.6% |
| Profit (loss) for the period | 9904 | €47,815 | €38,742 | -€9,073 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,815 | €38,742 | -€9,073 | -19.0% |
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 1 November 2026 via checked.be.