SOJUBE: 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.
SOJUBE
Largest movements
- Cash -€323,463
down €323,463 (-49.5%), from €653,302 to €329,840
- Tangible fixed assets +€15,430
up €15,430 (+7.2%), from €214,526 to €229,955
of which Furniture and vehicles: +€22,655
- Trade debts -€165,469
down €165,469 (-43.8%), from €377,907 to €212,438
- Profit (loss) carried forward -€47,951
down €47,951 (-31.0%), from €154,930 to €106,979
- Other debts -€38,250
no longer reported in 2025 (was €38,250)
- Current portion of long-term debt -€25,927
down €25,927 (-69.8%), from €37,133 to €11,206
- Debts after one year -€16,738
down €16,738 (-19.7%), from €85,000 to €68,262
- Staff costs +€211,227
up €211,227 (+50.1%), from €421,920 to €633,147
- Taxes -€52,496
down €52,496 (-97.6%), from €53,791 to €1,295
- Gross operating margin -€26,637
down €26,637 (-4.0%), from €661,675 to €635,038
- Depreciation -€22,016
down €22,016 (-52.4%), from €41,989 to €19,973
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,137,189 | €843,507 | -€293,682 | -25.8% |
| Fixed assets | 21/28 | €214,526 | €229,955 | +€15,430 | +7.2% |
| Tangible fixed assets | 22/27 | €214,526 | €229,955 | +€15,430 | +7.2% |
| Land and buildings | 22 | €186,258 | €186,258 | = | 0.0% |
| Plant, machinery and equipment | 23 | €28,268 | €21,042 | -€7,226 | -25.6% |
| Furniture and vehicles | 24 | - | €22,655 | +€22,655 | |
| Current assets | 29/58 | €922,664 | €613,552 | -€309,112 | -33.5% |
| Stocks and contracts in progress | 3 | €249,998 | €258,330 | +€8,332 | +3.3% |
| Stocks | 30/36 | €249,998 | €258,330 | +€8,332 | +3.3% |
| Amounts receivable within one year | 40/41 | €12,717 | €19,470 | +€6,753 | +53.1% |
| Trade receivables | 40 | €3,232 | - | -€3,232 | |
| Other amounts receivable | 41 | €9,484 | €19,470 | +€9,985 | +105% |
| Cash at bank and in hand | 54/58 | €653,302 | €329,840 | -€323,463 | -49.5% |
| Deferred charges and accrued income | 490/1 | €6,647 | €5,913 | -€735 | -11.0% |
| Total equity and liabilities | 10/49 | €1,137,189 | €843,507 | -€293,682 | -25.8% |
| Equity | 10/15 | €515,467 | €467,516 | -€47,951 | -9.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €341,945 | €341,945 | = | 0.0% |
| Distributable reserves | 133 | €341,945 | €341,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,930 | €106,979 | -€47,951 | -31.0% |
| Amounts payable | 17/49 | €621,722 | €375,991 | -€245,731 | -39.5% |
| Amounts payable after more than one year | 17 | €85,000 | €68,262 | -€16,738 | -19.7% |
| Financial debts | 170/4 | €85,000 | €68,262 | -€16,738 | -19.7% |
| Amounts payable within one year | 42/48 | €536,722 | €307,729 | -€228,993 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €37,133 | €11,206 | -€25,927 | -69.8% |
| Trade debts | 44 | €377,907 | €212,438 | -€165,469 | -43.8% |
| Suppliers | 440/4 | €377,907 | €212,438 | -€165,469 | -43.8% |
| Taxes, remuneration and social security | 45 | €83,431 | €84,085 | +€654 | +0.8% |
| Taxes | 450/3 | €23,866 | €522 | -€23,345 | -97.8% |
| Remuneration and social security | 454/9 | €59,565 | €83,563 | +€23,998 | +40.3% |
| Other amounts payable | 47/48 | €38,250 | - | -€38,250 | |
| Remuneration, social security and pensions | 62 | €421,920 | €633,147 | +€211,227 | +50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,989 | €19,973 | -€22,016 | -52.4% |
| Other operating charges | 640/8 | €17,785 | €22,614 | +€4,829 | +27.1% |
| Gross operating margin | 9900 | €661,675 | €635,038 | -€26,637 | -4.0% |
| Operating profit (loss) | 9901 | €179,980 | -€40,696 | -€220,677 | |
| Financial income | 75/76B | €82 | €2,958 | +€2,875 | +3,494% |
| Recurring financial income | 75 | €82 | €2,958 | +€2,875 | +3,494% |
| Financial charges | 65/66B | €7,610 | €8,918 | +€1,307 | +17.2% |
| Recurring financial charges | 65 | €7,610 | €8,918 | +€1,307 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €172,452 | -€46,656 | -€219,108 | |
| Income taxes | 67/77 | €53,791 | €1,295 | -€52,496 | -97.6% |
| Profit (loss) for the period | 9904 | €118,661 | -€47,951 | -€166,613 | |
| Profit (loss) for the period to be appropriated | 9905 | €118,661 | -€47,951 | -€166,613 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.