SOR-ELLE: 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.
SOR-ELLE
Largest movements
- Deferred charges and accrued income +€8,345
up €8,345, from €0 to €8,345
- Cash +€2,619
up €2,619 (+134%), from €1,949 to €4,568
mainly Other debts (+€9,356) and Depreciation (+€3,808)
- Intangible fixed assets -€2,233
down €2,233 (-100%), from €2,233 to €0
- Tangible fixed assets -€1,575
down €1,575 (-16.1%), from €9,789 to €8,214
of which Other tangible fixed assets: -€1,575
- Receivables within one year +€791
up €791, from €0 to €791
of which Other amounts receivable: +€691
- Other debts +€9,356
up €9,356 (+243%), from €3,858 to €13,214
- Accrued charges and deferred income -€2,012
down €2,012 (-98.5%), from €2,042 to €30
- Trade debts -€1,179
down €1,179 (-34.7%), from €3,401 to €2,222
- Profit (loss) carried forward +€979
up €979 (+4.5%), from €21,911 to €22,890
- Taxes +€1,510
up €1,510 (+566%), from €267 to €1,777
- Gross operating margin +€955
up €955 (+10.1%), from €9,454 to €10,410
- Depreciation -€750
down €750 (-16.5%), from €4,558 to €3,808
- Other operating charges -€237
down €237 (-7.5%), from €3,173 to €2,936
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 | €48,545 | €56,240 | +€7,695 | +15.9% |
| Fixed assets | 21/28 | €13,921 | €10,114 | -€3,808 | -27.4% |
| Intangible fixed assets | 21 | €2,233 | €0 | -€2,233 | -100% |
| Tangible fixed assets | 22/27 | €9,789 | €8,214 | -€1,575 | -16.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €9,789 | €8,214 | -€1,575 | -16.1% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €34,624 | €46,126 | +€11,503 | +33.2% |
| Stocks and contracts in progress | 3 | €32,675 | €32,422 | -€253 | -0.8% |
| Stocks | 30/36 | €32,675 | €32,422 | -€253 | -0.8% |
| Amounts receivable within one year | 40/41 | €0 | €791 | +€791 | |
| Trade receivables | 40 | €0 | €100 | +€100 | |
| Other amounts receivable | 41 | €0 | €691 | +€691 | |
| Cash at bank and in hand | 54/58 | €1,949 | €4,568 | +€2,619 | +134% |
| Deferred charges and accrued income | 490/1 | €0 | €8,345 | +€8,345 | |
| Total equity and liabilities | 10/49 | €48,545 | €56,240 | +€7,695 | +15.9% |
| Equity | 10/15 | €26,311 | €27,290 | +€979 | +3.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,911 | €22,890 | +€979 | +4.5% |
| Amounts payable | 17/49 | €22,234 | €28,949 | +€6,716 | +30.2% |
| Amounts payable within one year | 42/48 | €20,192 | €28,920 | +€8,728 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €22 | +€22 | |
| Credit institutions | 430/8 | - | €22 | +€22 | |
| Trade debts | 44 | €3,401 | €2,222 | -€1,179 | -34.7% |
| Suppliers | 440/4 | €3,401 | €2,222 | -€1,179 | -34.7% |
| Taxes, remuneration and social security | 45 | €12,933 | €13,461 | +€529 | +4.1% |
| Taxes | 450/3 | €12,933 | €13,461 | +€529 | +4.1% |
| Other amounts payable | 47/48 | €3,858 | €13,214 | +€9,356 | +243% |
| Accrued charges and deferred income | 492/3 | €2,042 | €30 | -€2,012 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,558 | €3,808 | -€750 | -16.5% |
| Other operating charges | 640/8 | €3,173 | €2,936 | -€237 | -7.5% |
| Gross operating margin | 9900 | €9,454 | €10,410 | +€955 | +10.1% |
| Operating profit (loss) | 9901 | €1,724 | €3,666 | +€1,942 | +113% |
| Financial charges | 65/66B | €921 | €910 | -€11 | -1.2% |
| Recurring financial charges | 65 | €921 | €910 | -€11 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €803 | €2,756 | +€1,953 | +243% |
| Income taxes | 67/77 | €267 | €1,777 | +€1,510 | +566% |
| Profit (loss) for the period | 9904 | €536 | €979 | +€443 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €536 | €979 | +€443 | +82.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.