SOHO 7: 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.
SOHO 7
Largest movements
- Receivables within one year +€78,265
up €78,265 (+187.1%), from €41,822 to €120,086
of which Other amounts receivable: +€100,000
- Cash -€76,023
down €76,023 (-38.1%), from €199,604 to €123,581
mainly Receivables within one year (-€78,265) and Debts after one year (-€29,297)
- Tangible fixed assets -€13,101
down €13,101 (-19.0%), from €68,800 to €55,699
of which Other tangible fixed assets: -€10,464
- Stocks and contracts +€5,378
up €5,378 (+51.9%), from €10,365 to €15,742
- Debts after one year -€29,297
down €29,297 (-54.0%), from €54,297 to €25,000
of which Other amounts payable: -€25,000
- Tax, wage and social debts +€25,484
up €25,484 (+51.1%), from €49,828 to €75,313
of which Taxes: +€15,387
- Current portion of long-term debt -€14,930
down €14,930 (-77.3%), from €19,311 to €4,381
- Trade debts +€12,748
up €12,748 (+15.8%), from €80,864 to €93,612
- Profit (loss) carried forward +€5,532
up €5,532 (+7.7%), from €71,788 to €77,319
- Staff costs +€58,448
up €58,448 (+47.9%), from €122,083 to €180,531
- Gross operating margin +€55,627
up €55,627 (+29.7%), from €187,007 to €242,634
- Other operating charges +€3,913
up €3,913 (+58.5%), from €6,685 to €10,598
- Depreciation -€3,321
down €3,321 (-9.3%), from €35,895 to €32,574
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 | €347,975 | €339,401 | -€8,574 | -2.5% |
| Fixed assets | 21/28 | €90,924 | €77,399 | -€13,525 | -14.9% |
| Tangible fixed assets | 22/27 | €68,800 | €55,699 | -€13,101 | -19.0% |
| Furniture and vehicles | 24 | €31,905 | €29,267 | -€2,637 | -8.3% |
| Other tangible fixed assets | 26 | €36,896 | €26,432 | -€10,464 | -28.4% |
| Financial fixed assets | 28 | €22,124 | €21,700 | -€424 | -1.9% |
| Current assets | 29/58 | €257,051 | €262,002 | +€4,951 | +1.9% |
| Stocks and contracts in progress | 3 | €10,365 | €15,742 | +€5,378 | +51.9% |
| Stocks | 30/36 | €10,365 | €15,742 | +€5,378 | +51.9% |
| Amounts receivable within one year | 40/41 | €41,822 | €120,086 | +€78,265 | +187.1% |
| Trade receivables | 40 | €21,822 | €86 | -€21,735 | -99.6% |
| Other amounts receivable | 41 | €20,000 | €120,000 | +€100,000 | +500.0% |
| Cash at bank and in hand | 54/58 | €199,604 | €123,581 | -€76,023 | -38.1% |
| Deferred charges and accrued income | 490/1 | €5,260 | €2,593 | -€2,667 | -50.7% |
| Total equity and liabilities | 10/49 | €347,975 | €339,401 | -€8,574 | -2.5% |
| Equity | 10/15 | €99,288 | €104,819 | +€5,532 | +5.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,788 | €77,319 | +€5,532 | +7.7% |
| Amounts payable | 17/49 | €248,687 | €234,582 | -€14,105 | -5.7% |
| Amounts payable after more than one year | 17 | €54,297 | €25,000 | -€29,297 | -54.0% |
| Financial debts | 170/4 | €4,297 | - | -€4,297 | |
| Other amounts payable | 178/9 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Amounts payable within one year | 42/48 | €155,114 | €173,306 | +€18,192 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €19,311 | €4,381 | -€14,930 | -77.3% |
| Trade debts | 44 | €80,864 | €93,612 | +€12,748 | +15.8% |
| Suppliers | 440/4 | €80,864 | €93,612 | +€12,748 | +15.8% |
| Taxes, remuneration and social security | 45 | €49,828 | €75,313 | +€25,484 | +51.1% |
| Taxes | 450/3 | €26,156 | €41,543 | +€15,387 | +58.8% |
| Remuneration and social security | 454/9 | €23,672 | €33,770 | +€10,098 | +42.7% |
| Other amounts payable | 47/48 | €5,111 | - | -€5,111 | |
| Accrued charges and deferred income | 492/3 | €39,276 | €36,276 | -€3,000 | -7.6% |
| Remuneration, social security and pensions | 62 | €122,083 | €180,531 | +€58,448 | +47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,895 | €32,574 | -€3,321 | -9.3% |
| Other operating charges | 640/8 | €6,685 | €10,598 | +€3,913 | +58.5% |
| Gross operating margin | 9900 | €187,007 | €242,634 | +€55,627 | +29.7% |
| Operating profit (loss) | 9901 | €22,344 | €18,932 | -€3,412 | -15.3% |
| Financial income | 75/76B | €39 | €1 | -€38 | -97.4% |
| Recurring financial income | 75 | €39 | €1 | -€38 | -97.4% |
| Financial charges | 65/66B | €8,942 | €9,207 | +€264 | +3.0% |
| Recurring financial charges | 65 | €8,942 | €9,207 | +€264 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €13,441 | €9,726 | -€3,715 | -27.6% |
| Income taxes | 67/77 | €5,193 | €4,194 | -€999 | -19.2% |
| Profit (loss) for the period | 9904 | €8,248 | €5,532 | -€2,716 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,248 | €5,532 | -€2,716 | -32.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.