SoHonice: 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.
SoHonice
Largest movements
- Tangible fixed assets +€108,306
up €108,306 (+74.9%), from €144,504 to €252,810
of which Land and buildings: +€117,779
- Deferred charges and accrued income +€80,000
new in 2024: €80,000
- Receivables within one year -€21,717
down €21,717 (-33.5%), from €64,826 to €43,109
of which Trade receivables: -€21,180
- Stocks and contracts +€5,000
up €5,000 (+12.0%), from €41,648 to €46,648
- Revaluation surpluses +€99,602
new in 2024: €99,602
- Accrued charges and deferred income +€80,000
new in 2024: €80,000
- Advances received -€60,500
no longer reported in 2024 (was €60,500)
- Trade debts +€44,777
up €44,777 (+823.9%), from €5,434 to €50,211
- Reserves +€10,000
up €10,000 (+59.3%), from €16,860 to €26,860
of which Distributable reserves: +€10,000
- Gross operating margin -€8,717
down €8,717 (-14.8%), from €58,741 to €50,023
- Taxes -€8,676
down €8,676 (-53.4%), from €16,246 to €7,570
- Financial income -€3,709
down €3,709 (-98.2%), from €3,776 to €68
- Financial charges -€630
down €630 (-8.4%), from €7,461 to €6,831
- Depreciation +€622
up €622 (+5.2%), from €11,878 to €12,499
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 | €274,000 | €449,302 | +€175,301 | +64.0% |
| Fixed assets | 21/28 | €153,584 | €262,070 | +€108,486 | +70.6% |
| Tangible fixed assets | 22/27 | €144,504 | €252,810 | +€108,306 | +74.9% |
| Land and buildings | 22 | €101,785 | €219,564 | +€117,779 | +115.7% |
| Plant, machinery and equipment | 23 | €3,355 | €3,384 | +€29 | +0.9% |
| Furniture and vehicles | 24 | €39,363 | €29,862 | -€9,501 | -24.1% |
| Financial fixed assets | 28 | €9,080 | €9,260 | +€180 | +2.0% |
| Current assets | 29/58 | €120,416 | €187,232 | +€66,816 | +55.5% |
| Stocks and contracts in progress | 3 | €41,648 | €46,648 | +€5,000 | +12.0% |
| Stocks | 30/36 | €41,648 | €46,648 | +€5,000 | +12.0% |
| Amounts receivable within one year | 40/41 | €64,826 | €43,109 | -€21,717 | -33.5% |
| Trade receivables | 40 | €64,144 | €42,964 | -€21,180 | -33.0% |
| Other amounts receivable | 41 | €683 | €146 | -€537 | -78.6% |
| Current investments | 50/53 | €13,524 | €13,524 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €418 | €3,950 | +€3,532 | +844.9% |
| Deferred charges and accrued income | 490/1 | - | €80,000 | +€80,000 | |
| Total equity and liabilities | 10/49 | €274,000 | €449,302 | +€175,301 | +64.0% |
| Equity | 10/15 | €53,502 | €169,641 | +€116,138 | +217.1% |
| Contributions | 10/11 | €71,600 | €71,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €99,602 | +€99,602 | |
| Reserves | 13 | €16,860 | €26,860 | +€10,000 | +59.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Profit (loss) carried forward | 14 | -€34,958 | -€28,421 | +€6,537 | +18.7% |
| Amounts payable | 17/49 | €220,498 | €279,661 | +€59,163 | +26.8% |
| Amounts payable after more than one year | 17 | €106,952 | €101,082 | -€5,870 | -5.5% |
| Financial debts | 170/4 | €106,952 | €101,082 | -€5,870 | -5.5% |
| Amounts payable within one year | 42/48 | €113,545 | €98,579 | -€14,967 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €5,648 | €5,870 | +€223 | +3.9% |
| Financial debts | 43 | €8,108 | €9,655 | +€1,547 | +19.1% |
| Credit institutions | 430/8 | €8,108 | €9,655 | +€1,547 | +19.1% |
| Trade debts | 44 | €5,434 | €50,211 | +€44,777 | +823.9% |
| Suppliers | 440/4 | €5,434 | €50,211 | +€44,777 | +823.9% |
| Advances received on contracts in progress | 46 | €60,500 | - | -€60,500 | |
| Taxes, remuneration and social security | 45 | €22,787 | €22,470 | -€318 | -1.4% |
| Taxes | 450/3 | €22,787 | €22,470 | -€318 | -1.4% |
| Other amounts payable | 47/48 | €11,068 | €10,373 | -€695 | -6.3% |
| Accrued charges and deferred income | 492/3 | - | €80,000 | +€80,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,878 | €12,499 | +€622 | +5.2% |
| Other operating charges | 640/8 | €6,880 | €6,654 | -€226 | -3.3% |
| Gross operating margin | 9900 | €58,741 | €50,023 | -€8,717 | -14.8% |
| Operating profit (loss) | 9901 | €39,983 | €30,870 | -€9,113 | -22.8% |
| Financial income | 75/76B | €3,776 | €68 | -€3,709 | -98.2% |
| Recurring financial income | 75 | €3,776 | €68 | -€3,709 | -98.2% |
| Financial charges | 65/66B | €7,461 | €6,831 | -€630 | -8.4% |
| Recurring financial charges | 65 | €7,461 | €6,831 | -€630 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €36,299 | €24,106 | -€12,192 | -33.6% |
| Income taxes | 67/77 | €16,246 | €7,570 | -€8,676 | -53.4% |
| Profit (loss) for the period | 9904 | €20,053 | €16,537 | -€3,516 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,053 | €16,537 | -€3,516 | -17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.