SOHL PROJECTS: 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.
SOHL PROJECTS
Largest movements
- Receivables within one year +€63,130
up €63,130 (+36.5%), from €173,023 to €236,153
of which Other amounts receivable: +€39,627
- Tangible fixed assets -€26,300
down €26,300 (-4.4%), from €596,521 to €570,221
of which Land and buildings: -€25,116
- Other debts +€39,637
up €39,637 (+19.7%), from €201,409 to €241,046
- Debts after one year -€36,962
down €36,962 (-8.5%), from €432,395 to €395,433
- Advances received +€23,000
new in 2025: €23,000
- Short-term financial debts -€17,188
down €17,188 (-62.9%), from €27,304 to €10,116
- Tax, wage and social debts +€15,002
up €15,002 (+339.5%), from €4,419 to €19,422
- Gross operating margin +€8,628
up €8,628 (+13.2%), from €65,152 to €73,781
- Taxes +€8,195
up €8,195 (+109.1%), from €7,508 to €15,704
- Financial income +€1,791
up €1,791 (+58.0%), from €3,089 to €4,880
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 | €972,958 | €1,009,788 | +€36,830 | +3.8% |
| Fixed assets | 21/28 | €761,521 | €735,221 | -€26,300 | -3.5% |
| Tangible fixed assets | 22/27 | €596,521 | €570,221 | -€26,300 | -4.4% |
| Land and buildings | 22 | €589,819 | €564,703 | -€25,116 | -4.3% |
| Furniture and vehicles | 24 | €6,702 | €5,517 | -€1,184 | -17.7% |
| Financial fixed assets | 28 | €165,000 | €165,000 | = | 0.0% |
| Current assets | 29/58 | €211,437 | €274,567 | +€63,130 | +29.9% |
| Amounts receivable within one year | 40/41 | €173,023 | €236,153 | +€63,130 | +36.5% |
| Trade receivables | 40 | €100,825 | €124,328 | +€23,503 | +23.3% |
| Other amounts receivable | 41 | €72,198 | €111,825 | +€39,627 | +54.9% |
| Cash at bank and in hand | 54/58 | €15 | €15 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €38,400 | €38,400 | = | 0.0% |
| Total equity and liabilities | 10/49 | €972,958 | €1,009,788 | +€36,830 | +3.8% |
| Equity | 10/15 | €188,561 | €203,262 | +€14,701 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €169,961 | €184,662 | +€14,701 | +8.6% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €169,861 | €184,562 | +€14,701 | +8.7% |
| Amounts payable | 17/49 | €784,397 | €806,526 | +€22,128 | +2.8% |
| Amounts payable after more than one year | 17 | €432,395 | €395,433 | -€36,962 | -8.5% |
| Financial debts | 170/4 | €432,395 | €395,433 | -€36,962 | -8.5% |
| Amounts payable within one year | 42/48 | €345,178 | €402,019 | +€56,841 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €39,825 | €36,962 | -€2,863 | -7.2% |
| Financial debts | 43 | €27,304 | €10,116 | -€17,188 | -62.9% |
| Credit institutions | 430/8 | €27,304 | €10,116 | -€17,188 | -62.9% |
| Trade debts | 44 | €72,221 | €71,473 | -€748 | -1.0% |
| Suppliers | 440/4 | €72,221 | €71,473 | -€748 | -1.0% |
| Advances received on contracts in progress | 46 | - | €23,000 | +€23,000 | |
| Taxes, remuneration and social security | 45 | €4,419 | €19,422 | +€15,002 | +339.5% |
| Taxes | 450/3 | €4,419 | €19,422 | +€15,002 | +339.5% |
| Other amounts payable | 47/48 | €201,409 | €241,046 | +€39,637 | +19.7% |
| Accrued charges and deferred income | 492/3 | €6,824 | €9,074 | +€2,250 | +33.0% |
| Non-recurring operating income | 76A | €95 | €26,970 | +€26,875 | +28289.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,306 | €26,300 | -€6 | 0.0% |
| Other operating charges | 640/8 | €2,572 | €2,745 | +€173 | +6.7% |
| Non-recurring operating charges | 66A | - | €165 | +€165 | |
| Gross operating margin | 9900 | €65,152 | €73,781 | +€8,628 | +13.2% |
| Operating profit (loss) | 9901 | €36,274 | €44,570 | +€8,296 | +22.9% |
| Financial income | 75/76B | €3,089 | €4,880 | +€1,791 | +58.0% |
| Recurring financial income | 75 | €3,089 | €4,880 | +€1,791 | +58.0% |
| Financial charges | 65/66B | €19,623 | €19,046 | -€577 | -2.9% |
| Recurring financial charges | 65 | €19,623 | €19,046 | -€577 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €19,741 | €30,405 | +€10,664 | +54.0% |
| Income taxes | 67/77 | €7,508 | €15,704 | +€8,195 | +109.1% |
| Profit (loss) for the period | 9904 | €12,233 | €14,701 | +€2,469 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,233 | €14,701 | +€2,469 | +20.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.