SOHO OUTLET: 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.
SOHO OUTLET
Largest movements
- Cash -€54,055
down €54,055 (-61.4%), from €88,005 to €33,951
mainly Other debts (-€56,357) and Receivables within one year (-€9,340)
- Receivables within one year +€9,340
up €9,340 (+207%), from €4,518 to €13,858
of which Trade receivables: +€9,331
- Stocks and contracts -€8,487
down €8,487 (-56.2%), from €15,099 to €6,611
- Other debts -€56,357
down €56,357 (-91.6%), from €61,523 to €5,166
- Trade debts +€7,084
up €7,084 (+1,071%), from €661 to €7,745
- Profit (loss) carried forward -€6,724
new in 2025: -€6,724
- Advances received +€3,539
up €3,539 (+79.2%), from €4,467 to €8,006
- Reserves -€1,194
down €1,194 (-5.4%), from €22,276 to €21,082
of which Distributable reserves: -€1,194
- Staff costs +€11,645
up €11,645 (+809%), from €1,440 to €13,085
- Gross operating margin +€6,226
up €6,226 (+112%), from €5,538 to €11,764
- Other operating charges +€2,635
up €2,635 (+152%), from €1,735 to €4,370
- Depreciation -€516
down €516 (-23.8%), from €2,172 to €1,655
- Financial charges +€193
up €193 (+50.9%), from €379 to €572
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 | €111,777 | €57,612 | -€54,165 | -48.5% |
| Fixed assets | 21/28 | €3,983 | €2,935 | -€1,048 | -26.3% |
| Tangible fixed assets | 22/27 | €3,453 | €2,405 | -€1,048 | -30.4% |
| Land and buildings | 22 | €110 | - | -€110 | |
| Plant, machinery and equipment | 23 | €3,344 | €2,405 | -€939 | -28.1% |
| Financial fixed assets | 28 | €530 | €530 | = | 0.0% |
| Current assets | 29/58 | €107,794 | €54,677 | -€53,117 | -49.3% |
| Stocks and contracts in progress | 3 | €15,099 | €6,611 | -€8,487 | -56.2% |
| Stocks | 30/36 | €15,099 | €6,611 | -€8,487 | -56.2% |
| Amounts receivable within one year | 40/41 | €4,518 | €13,858 | +€9,340 | +207% |
| Trade receivables | 40 | €4,510 | €13,840 | +€9,331 | +207% |
| Other amounts receivable | 41 | €8 | €17 | +€9 | +116% |
| Cash at bank and in hand | 54/58 | €88,005 | €33,951 | -€54,055 | -61.4% |
| Deferred charges and accrued income | 490/1 | €172 | €257 | +€85 | +49.5% |
| Total equity and liabilities | 10/49 | €111,777 | €57,612 | -€54,165 | -48.5% |
| Equity | 10/15 | €40,826 | €32,908 | -€7,918 | -19.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €22,276 | €21,082 | -€1,194 | -5.4% |
| Non-distributable reserves | 130/1 | €1,567 | €1,567 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,567 | €1,567 | = | 0.0% |
| Distributable reserves | 133 | €20,709 | €19,515 | -€1,194 | -5.8% |
| Profit (loss) carried forward | 14 | - | -€6,724 | -€6,724 | |
| Amounts payable | 17/49 | €70,951 | €24,704 | -€46,247 | -65.2% |
| Amounts payable within one year | 42/48 | €70,951 | €24,704 | -€46,247 | -65.2% |
| Trade debts | 44 | €661 | €7,745 | +€7,084 | +1,071% |
| Suppliers | 440/4 | €661 | €7,745 | +€7,084 | +1,071% |
| Advances received on contracts in progress | 46 | €4,467 | €8,006 | +€3,539 | +79.2% |
| Taxes, remuneration and social security | 45 | €4,300 | €3,786 | -€514 | -11.9% |
| Taxes | 450/3 | €3,915 | €3,235 | -€681 | -17.4% |
| Remuneration and social security | 454/9 | €384 | €551 | +€167 | +43.5% |
| Other amounts payable | 47/48 | €61,523 | €5,166 | -€56,357 | -91.6% |
| Remuneration, social security and pensions | 62 | €1,440 | €13,085 | +€11,645 | +809% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,172 | €1,655 | -€516 | -23.8% |
| Other operating charges | 640/8 | €1,735 | €4,370 | +€2,635 | +152% |
| Gross operating margin | 9900 | €5,538 | €11,764 | +€6,226 | +112% |
| Operating profit (loss) | 9901 | €191 | -€7,346 | -€7,537 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €379 | €572 | +€193 | +50.9% |
| Recurring financial charges | 65 | €379 | €572 | +€193 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | -€187 | -€7,918 | -€7,731 | -4,127% |
| Profit (loss) for the period | 9904 | -€187 | -€7,918 | -€7,731 | -4,127% |
| Profit (loss) for the period to be appropriated | 9905 | -€187 | -€7,918 | -€7,731 | -4,127% |
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 18 October 2026 via checked.be.