SOQI: 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.
SOQI
Largest movements
- Cash +€29,699
up €29,699 (+54.9%), from €54,098 to €83,797
mainly Net result for the year (+€34,414) and Other debts (+€23,746)
- Tangible fixed assets -€5,525
down €5,525 (-32.7%), from €16,880 to €11,355
of which Leasing and similar rights: -€4,483
- Receivables within one year -€2,136
down €2,136 (-26.7%), from €8,009 to €5,873
- Other debts +€23,746
up €23,746 (+80.4%), from €29,542 to €53,288
- Tax, wage and social debts +€8,941
up €8,941 (+150.3%), from €5,948 to €14,889
- Profit (loss) carried forward -€5,586
down €5,586 (-56.1%), from €9,958 to €4,373
- Debts after one year -€2,732
down €2,732 (-32.6%), from €8,392 to €5,660
- Accrued charges and deferred income -€1,960
down €1,960 (-49.5%), from €3,960 to €2,000
- Gross operating margin +€10,615
up €10,615 (+22.1%), from €48,129 to €58,744
- Taxes +€2,714
up €2,714 (+28.8%), from €9,415 to €12,129
- Financial charges +€2,473
up €2,473 (+73.4%), from €3,370 to €5,843
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 | €82,869 | €105,000 | +€22,130 | +26.7% |
| Fixed assets | 21/28 | €16,880 | €11,355 | -€5,525 | -32.7% |
| Tangible fixed assets | 22/27 | €16,880 | €11,355 | -€5,525 | -32.7% |
| Plant, machinery and equipment | 23 | €470 | - | -€470 | |
| Furniture and vehicles | 24 | €1,523 | €952 | -€571 | -37.5% |
| Leasing and similar rights | 25 | €14,887 | €10,404 | -€4,483 | -30.1% |
| Current assets | 29/58 | €65,990 | €93,644 | +€27,655 | +41.9% |
| Amounts receivable within one year | 40/41 | €8,009 | €5,873 | -€2,136 | -26.7% |
| Trade receivables | 40 | €8,009 | €5,873 | -€2,136 | -26.7% |
| Cash at bank and in hand | 54/58 | €54,098 | €83,797 | +€29,699 | +54.9% |
| Deferred charges and accrued income | 490/1 | €3,883 | €3,975 | +€92 | +2.4% |
| Total equity and liabilities | 10/49 | €82,869 | €105,000 | +€22,130 | +26.7% |
| Equity | 10/15 | €25,958 | €20,373 | -€5,586 | -21.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,958 | €4,373 | -€5,586 | -56.1% |
| Amounts payable | 17/49 | €56,911 | €84,627 | +€27,716 | +48.7% |
| Amounts payable after more than one year | 17 | €8,392 | €5,660 | -€2,732 | -32.6% |
| Financial debts | 170/4 | €8,392 | €5,660 | -€2,732 | -32.6% |
| Amounts payable within one year | 42/48 | €44,559 | €76,967 | +€32,408 | +72.7% |
| Current portion of amounts payable after more than one year | 42 | €2,476 | €2,732 | +€257 | +10.4% |
| Trade debts | 44 | €6,594 | €6,059 | -€535 | -8.1% |
| Suppliers | 440/4 | €6,594 | €6,059 | -€535 | -8.1% |
| Taxes, remuneration and social security | 45 | €5,948 | €14,889 | +€8,941 | +150.3% |
| Taxes | 450/3 | €5,948 | €14,889 | +€8,941 | +150.3% |
| Other amounts payable | 47/48 | €29,542 | €53,288 | +€23,746 | +80.4% |
| Accrued charges and deferred income | 492/3 | €3,960 | €2,000 | -€1,960 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,409 | €5,525 | +€116 | +2.1% |
| Other operating charges | 640/8 | €824 | €833 | +€9 | +1.1% |
| Gross operating margin | 9900 | €48,129 | €58,744 | +€10,615 | +22.1% |
| Operating profit (loss) | 9901 | €41,896 | €52,386 | +€10,490 | +25.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -77.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -77.8% |
| Financial charges | 65/66B | €3,370 | €5,843 | +€2,473 | +73.4% |
| Recurring financial charges | 65 | €3,370 | €5,843 | +€2,473 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €38,526 | €46,543 | +€8,017 | +20.8% |
| Income taxes | 67/77 | €9,415 | €12,129 | +€2,714 | +28.8% |
| Profit (loss) for the period | 9904 | €29,111 | €34,414 | +€5,303 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,111 | €34,414 | +€5,303 | +18.2% |
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 9 October 2026 via checked.be.