SOIRON: 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.
SOIRON
Largest movements
- Cash +€49,143
up €49,143 (+38.0%), from €129,329 to €178,473
mainly Net result for the year (+€81,922) and Depreciation (+€68,800)
- Tangible fixed assets +€25,352
up €25,352 (+3.6%), from €706,522 to €731,875
of which Land and buildings: +€29,057
- Reserves +€56,422
up €56,422 (+7.5%), from €757,116 to €813,538
of which Distributable reserves: +€56,422
- Debts after one year -€34,115
down €34,115 (-58.1%), from €58,701 to €24,586
of which Financial debts: -€34,115
- Other debts +€17,801
up €17,801 (+36.8%), from €48,373 to €66,174
- Trade debts +€16,039
up €16,039 (+44.3%), from €36,220 to €52,259
- Gross operating margin +€60,739
up €60,739 (+25.4%), from €238,985 to €299,724
- Taxes +€14,055
up €14,055 (+82.2%), from €17,092 to €31,147
- Depreciation +€8,688
up €8,688 (+14.5%), from €60,112 to €68,800
- Staff costs +€6,927
up €6,927 (+7.4%), from €93,371 to €100,297
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 | €1,032,369 | €1,090,224 | +€57,855 | +5.6% |
| Fixed assets | 21/28 | €709,531 | €733,463 | +€23,931 | +3.4% |
| Intangible fixed assets | 21 | €3,009 | €1,588 | -€1,421 | -47.2% |
| Tangible fixed assets | 22/27 | €706,522 | €731,875 | +€25,352 | +3.6% |
| Land and buildings | 22 | €660,368 | €689,425 | +€29,057 | +4.4% |
| Plant, machinery and equipment | 23 | €37,384 | €37,728 | +€344 | +0.9% |
| Furniture and vehicles | 24 | €8,770 | €4,722 | -€4,049 | -46.2% |
| Current assets | 29/58 | €322,838 | €356,762 | +€33,924 | +10.5% |
| Stocks and contracts in progress | 3 | €113,278 | €102,387 | -€10,890 | -9.6% |
| Stocks | 30/36 | €113,278 | €102,387 | -€10,890 | -9.6% |
| Amounts receivable within one year | 40/41 | €80,102 | €73,291 | -€6,811 | -8.5% |
| Trade receivables | 40 | €73,194 | €72,672 | -€522 | -0.7% |
| Other amounts receivable | 41 | €6,908 | €619 | -€6,289 | -91.0% |
| Cash at bank and in hand | 54/58 | €129,329 | €178,473 | +€49,143 | +38.0% |
| Deferred charges and accrued income | 490/1 | €129 | €2,610 | +€2,482 | +1931.3% |
| Total equity and liabilities | 10/49 | €1,032,369 | €1,090,224 | +€57,855 | +5.6% |
| Equity | 10/15 | €788,103 | €844,525 | +€56,422 | +7.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €757,116 | €813,538 | +€56,422 | +7.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €26,990 | €26,990 | = | 0.0% |
| Distributable reserves | 133 | €730,126 | €786,548 | +€56,422 | +7.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €32,191 | €32,191 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €32,191 | €32,191 | = | 0.0% |
| Pensions and similar obligations | 160 | €32,191 | €32,191 | = | 0.0% |
| Amounts payable | 17/49 | €212,075 | €213,509 | +€1,433 | +0.7% |
| Amounts payable after more than one year | 17 | €58,701 | €24,586 | -€34,115 | -58.1% |
| Financial debts | 170/4 | €57,101 | €22,986 | -€34,115 | -59.7% |
| Other amounts payable | 178/9 | €1,600 | €1,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €145,880 | €182,506 | +€36,626 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €33,682 | €34,115 | +€433 | +1.3% |
| Trade debts | 44 | €36,220 | €52,259 | +€16,039 | +44.3% |
| Suppliers | 440/4 | €36,220 | €52,259 | +€16,039 | +44.3% |
| Taxes, remuneration and social security | 45 | €27,604 | €29,958 | +€2,353 | +8.5% |
| Taxes | 450/3 | €6,633 | €12,171 | +€5,538 | +83.5% |
| Remuneration and social security | 454/9 | €20,971 | €17,786 | -€3,185 | -15.2% |
| Other amounts payable | 47/48 | €48,373 | €66,174 | +€17,801 | +36.8% |
| Accrued charges and deferred income | 492/3 | €7,495 | €6,417 | -€1,078 | -14.4% |
| Remuneration, social security and pensions | 62 | €93,371 | €100,297 | +€6,927 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,112 | €68,800 | +€8,688 | +14.5% |
| Other operating charges | 640/8 | €16,711 | €14,531 | -€2,180 | -13.0% |
| Gross operating margin | 9900 | €238,985 | €299,724 | +€60,739 | +25.4% |
| Operating profit (loss) | 9901 | €68,791 | €116,096 | +€47,304 | +68.8% |
| Financial income | 75/76B | €787 | €2,566 | +€1,779 | +226.1% |
| Recurring financial income | 75 | €787 | €2,566 | +€1,779 | +226.1% |
| Financial charges | 65/66B | €7,730 | €5,593 | -€2,136 | -27.6% |
| Recurring financial charges | 65 | €7,730 | €5,593 | -€2,136 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €61,849 | €113,069 | +€51,220 | +82.8% |
| Income taxes | 67/77 | €17,092 | €31,147 | +€14,055 | +82.2% |
| Profit (loss) for the period | 9904 | €44,757 | €81,922 | +€37,164 | +83.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,757 | €81,922 | +€37,164 | +83.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.