SOHO GROUP: 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 GROUP
Largest movements
- Receivables within one year -€102,067
down €102,067 (-43.0%), from €237,392 to €135,324
of which Trade receivables: -€116,000
- Cash +€17,988
up €17,988 (+1177.8%), from €1,527 to €19,515
mainly Receivables within one year (+€102,067) and Other debts (+€80,892)
- Tangible fixed assets -€3,410
down €3,410 (-9.1%), from €37,325 to €33,915
of which Land and buildings: -€2,180
- Deferred charges and accrued income -€3,074
down €3,074 (-73.5%), from €4,183 to €1,109
- Profit (loss) carried forward -€130,732
new in 2024: -€130,732
- Other debts +€80,892
up €80,892 (+63.6%), from €127,227 to €208,119
- Tax, wage and social debts -€34,893
down €34,893 (-99.2%), from €35,165 to €272
of which Taxes: -€34,893
- Trade debts -€8,192
down €8,192 (-26.1%), from €31,385 to €23,192
- Gross operating margin -€101,343
down €101,343 (-436.7%), from -€23,208 to -€124,550
- Depreciation -€8,270
down €8,270 (-70.8%), from €11,680 to €3,410
- Other operating charges -€1,258
down €1,258 (-37.2%), from €3,384 to €2,126
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 | €280,427 | €189,863 | -€90,564 | -32.3% |
| Fixed assets | 21/28 | €37,325 | €33,915 | -€3,410 | -9.1% |
| Tangible fixed assets | 22/27 | €37,325 | €33,915 | -€3,410 | -9.1% |
| Land and buildings | 22 | €2,398 | €218 | -€2,180 | -90.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,908 | €678 | -€1,230 | -64.5% |
| Other tangible fixed assets | 26 | €33,019 | €33,019 | = | 0.0% |
| Current assets | 29/58 | €243,102 | €155,948 | -€87,154 | -35.9% |
| Amounts receivable within one year | 40/41 | €237,392 | €135,324 | -€102,067 | -43.0% |
| Trade receivables | 40 | €232,020 | €116,020 | -€116,000 | -50.0% |
| Other amounts receivable | 41 | €5,372 | €19,304 | +€13,933 | +259.4% |
| Cash at bank and in hand | 54/58 | €1,527 | €19,515 | +€17,988 | +1177.8% |
| Deferred charges and accrued income | 490/1 | €4,183 | €1,109 | -€3,074 | -73.5% |
| Total equity and liabilities | 10/49 | €280,427 | €189,863 | -€90,564 | -32.3% |
| Equity | 10/15 | €86,471 | -€44,261 | -€130,732 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €74,071 | €74,071 | = | 0.0% |
| Distributable reserves | 133 | €74,071 | €74,071 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€130,732 | -€130,732 | |
| Amounts payable | 17/49 | €193,956 | €234,124 | +€40,168 | +20.7% |
| Amounts payable within one year | 42/48 | €193,956 | €233,737 | +€39,781 | +20.5% |
| Financial debts | 43 | €180 | €2,154 | +€1,974 | +1094.2% |
| Credit institutions | 430/8 | €180 | €2,154 | +€1,974 | +1094.2% |
| Trade debts | 44 | €31,385 | €23,192 | -€8,192 | -26.1% |
| Suppliers | 440/4 | €31,385 | €23,192 | -€8,192 | -26.1% |
| Taxes, remuneration and social security | 45 | €35,165 | €272 | -€34,893 | -99.2% |
| Taxes | 450/3 | €35,165 | €272 | -€34,893 | -99.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €127,227 | €208,119 | +€80,892 | +63.6% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Non-recurring operating income | 76A | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €272 | €163 | -€109 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,680 | €3,410 | -€8,270 | -70.8% |
| Other operating charges | 640/8 | €3,384 | €2,126 | -€1,258 | -37.2% |
| Gross operating margin | 9900 | -€23,208 | -€124,550 | -€101,343 | -436.7% |
| Operating profit (loss) | 9901 | -€38,543 | -€130,249 | -€91,706 | -237.9% |
| Financial income | 75/76B | €41 | €74 | +€33 | +79.3% |
| Recurring financial income | 75 | €41 | €74 | +€33 | +79.3% |
| Financial charges | 65/66B | €463 | €180 | -€282 | -61.0% |
| Recurring financial charges | 65 | €463 | €180 | -€282 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | -€38,965 | -€130,356 | -€91,391 | -234.5% |
| Income taxes | 67/77 | €367 | €376 | +€9 | +2.5% |
| Profit (loss) for the period | 9904 | -€39,332 | -€130,732 | -€91,400 | -232.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,332 | -€130,732 | -€91,400 | -232.4% |
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 1 October 2026 via checked.be.