SOIF: 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.
SOIF
Largest movements
- Cash +€15,450
up €15,450 (+224.5%), from €6,881 to €22,331
mainly Net result for the year (+€32,029) and Other debts (+€15,264)
- Receivables within one year +€11,379
up €11,379 (+19.6%), from €58,184 to €69,563
of which Trade receivables: +€11,725
- Tangible fixed assets -€8,834
down €8,834 (-2.5%), from €355,651 to €346,817
of which Land and buildings: -€7,486
- Other debts +€15,264
up €15,264 (+179.8%), from €8,489 to €23,754
- Debts after one year -€13,887
down €13,887 (-4.7%), from €297,636 to €283,748
- Reserves +€13,382
up €13,382 (+15.9%), from €83,971 to €97,353
- Gross operating margin +€32,753
up €32,753 (+90.0%), from €36,391 to €69,144
- Taxes +€5,330
up €5,330 (+183.4%), from €2,907 to €8,237
- Other operating charges +€2,857
up €2,857 (+154.3%), from €1,852 to €4,709
- Financial charges -€1,019
down €1,019 (-8.6%), from €11,894 to €10,875
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 | €438,354 | €453,710 | +€15,356 | +3.5% |
| Fixed assets | 21/28 | €355,651 | €346,817 | -€8,834 | -2.5% |
| Tangible fixed assets | 22/27 | €355,651 | €346,817 | -€8,834 | -2.5% |
| Land and buildings | 22 | €354,093 | €346,607 | -€7,486 | -2.1% |
| Furniture and vehicles | 24 | €1,558 | €209 | -€1,349 | -86.6% |
| Current assets | 29/58 | €82,703 | €106,894 | +€24,190 | +29.2% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,184 | €69,563 | +€11,379 | +19.6% |
| Trade receivables | 40 | €50,461 | €62,186 | +€11,725 | +23.2% |
| Other amounts receivable | 41 | €7,723 | €7,377 | -€346 | -4.5% |
| Cash at bank and in hand | 54/58 | €6,881 | €22,331 | +€15,450 | +224.5% |
| Deferred charges and accrued income | 490/1 | €2,638 | €0 | -€2,638 | -100.0% |
| Total equity and liabilities | 10/49 | €438,354 | €453,710 | +€15,356 | +3.5% |
| Equity | 10/15 | €103,971 | €117,353 | +€13,382 | +12.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €83,971 | €97,353 | +€13,382 | +15.9% |
| Distributable reserves | 133 | €83,971 | €97,353 | +€13,382 | +15.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €334,383 | €336,357 | +€1,974 | +0.6% |
| Amounts payable after more than one year | 17 | €297,636 | €283,748 | -€13,887 | -4.7% |
| Financial debts | 170/4 | €297,636 | €283,748 | -€13,887 | -4.7% |
| Amounts payable within one year | 42/48 | €36,747 | €52,609 | +€15,861 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €13,477 | €13,887 | +€410 | +3.0% |
| Financial debts | 43 | €0 | €3,196 | +€3,196 | |
| Credit institutions | 430/8 | €0 | €3,196 | +€3,196 | |
| Trade debts | 44 | €4,424 | €4,022 | -€402 | -9.1% |
| Suppliers | 440/4 | €4,424 | €4,022 | -€402 | -9.1% |
| Taxes, remuneration and social security | 45 | €10,357 | €7,749 | -€2,607 | -25.2% |
| Taxes | 450/3 | €10,357 | €5,427 | -€4,930 | -47.6% |
| Remuneration and social security | 454/9 | €0 | €2,323 | +€2,323 | |
| Other amounts payable | 47/48 | €8,489 | €23,754 | +€15,264 | +179.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,371 | €13,855 | +€484 | +3.6% |
| Other operating charges | 640/8 | €1,852 | €4,709 | +€2,857 | +154.3% |
| Gross operating margin | 9900 | €36,391 | €69,144 | +€32,753 | +90.0% |
| Operating profit (loss) | 9901 | €21,169 | €50,580 | +€29,412 | +138.9% |
| Financial income | 75/76B | €413 | €562 | +€149 | +36.1% |
| Recurring financial income | 75 | €413 | €562 | +€149 | +36.1% |
| Financial charges | 65/66B | €11,894 | €10,875 | -€1,019 | -8.6% |
| Recurring financial charges | 65 | €11,894 | €10,875 | -€1,019 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €9,687 | €40,266 | +€30,580 | +315.7% |
| Income taxes | 67/77 | €2,907 | €8,237 | +€5,330 | +183.4% |
| Profit (loss) for the period | 9904 | €6,780 | €32,029 | +€25,249 | +372.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,780 | €32,029 | +€25,249 | +372.4% |
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 29 September 2026 via checked.be.