SoJo: 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.
SoJo
Largest movements
- Tangible fixed assets -€26,938
down €26,938 (-24.2%), from €111,500 to €84,563
of which Furniture and vehicles: -€31,455
- Cash +€14,078
up €14,078 (+7.1%), from €197,912 to €211,990
mainly Net result for the year (+€106,695) and Other debts (+€88,970)
- Receivables within one year +€6,745
up €6,745 (+34.8%), from €19,358 to €26,103
of which Other amounts receivable: +€4,708
- Current investments +€5,000
up €5,000 (+4.0%), from €125,000 to €130,000
- Other debts +€88,970
up €88,970 (+50.7%), from €175,477 to €264,447
- Reserves -€63,305
down €63,305 (-40.2%), from €157,481 to €94,176
- Debts after one year -€21,176
down €21,176 (-38.8%), from €54,522 to €33,346
- Tax, wage and social debts -€8,535
down €8,535 (-39.2%), from €21,765 to €13,230
- Gross operating margin -€9,657
down €9,657 (-5.1%), from €187,616 to €177,960
- Depreciation +€5,421
up €5,421 (+17.3%), from €31,359 to €36,780
- Taxes -€4,327
down €4,327 (-12.8%), from €33,727 to €29,400
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 | €460,810 | €456,672 | -€4,138 | -0.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €111,500 | €84,563 | -€26,938 | -24.2% |
| Tangible fixed assets | 22/27 | €111,500 | €84,563 | -€26,938 | -24.2% |
| Plant, machinery and equipment | 23 | €8,135 | €12,878 | +€4,742 | +58.3% |
| Furniture and vehicles | 24 | €102,995 | €71,540 | -€31,455 | -30.5% |
| Other tangible fixed assets | 26 | €369 | €145 | -€225 | -60.8% |
| Current assets | 29/58 | €349,310 | €372,110 | +€22,800 | +6.5% |
| Amounts receivable within one year | 40/41 | €19,358 | €26,103 | +€6,745 | +34.8% |
| Trade receivables | 40 | €16,662 | €18,699 | +€2,037 | +12.2% |
| Other amounts receivable | 41 | €2,696 | €7,404 | +€4,708 | +175% |
| Current investments | 50/53 | €125,000 | €130,000 | +€5,000 | +4.0% |
| Cash at bank and in hand | 54/58 | €197,912 | €211,990 | +€14,078 | +7.1% |
| Deferred charges and accrued income | 490/1 | €7,041 | €4,017 | -€3,024 | -42.9% |
| Total equity and liabilities | 10/49 | €460,810 | €456,672 | -€4,138 | -0.9% |
| Equity | 10/15 | €176,081 | €112,776 | -€63,305 | -36.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,481 | €94,176 | -€63,305 | -40.2% |
| Distributable reserves | 133 | €157,481 | €94,176 | -€63,305 | -40.2% |
| Amounts payable | 17/49 | €284,729 | €343,896 | +€59,167 | +20.8% |
| Amounts payable after more than one year | 17 | €54,522 | €33,346 | -€21,176 | -38.8% |
| Financial debts | 170/4 | €54,522 | €33,346 | -€21,176 | -38.8% |
| Amounts payable within one year | 42/48 | €221,842 | €302,818 | +€80,977 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €22,031 | €21,176 | -€855 | -3.9% |
| Trade debts | 44 | €2,569 | €3,966 | +€1,397 | +54.4% |
| Suppliers | 440/4 | €2,569 | €3,966 | +€1,397 | +54.4% |
| Taxes, remuneration and social security | 45 | €21,765 | €13,230 | -€8,535 | -39.2% |
| Taxes | 450/3 | €21,765 | €13,230 | -€8,535 | -39.2% |
| Other amounts payable | 47/48 | €175,477 | €264,447 | +€88,970 | +50.7% |
| Accrued charges and deferred income | 492/3 | €8,365 | €7,731 | -€634 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,359 | €36,780 | +€5,421 | +17.3% |
| Other operating charges | 640/8 | €448 | €632 | +€184 | +41.0% |
| Non-recurring operating charges | 66A | €467 | - | -€467 | |
| Gross operating margin | 9900 | €187,616 | €177,960 | -€9,657 | -5.1% |
| Operating profit (loss) | 9901 | €155,342 | €140,548 | -€14,794 | -9.5% |
| Financial income | 75/76B | €4,764 | €6,097 | +€1,332 | +28.0% |
| Recurring financial income | 75 | €4,764 | €6,097 | +€1,332 | +28.0% |
| Financial charges | 65/66B | €9,189 | €10,550 | +€1,361 | +14.8% |
| Recurring financial charges | 65 | €9,189 | €10,550 | +€1,361 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €150,918 | €136,095 | -€14,823 | -9.8% |
| Income taxes | 67/77 | €33,727 | €29,400 | -€4,327 | -12.8% |
| Profit (loss) for the period | 9904 | €117,191 | €106,695 | -€10,496 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €117,191 | €106,695 | -€10,496 | -9.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.