Sora: 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.
Sora
Largest movements
- Tangible fixed assets +€27,827
up €27,827 (+32.5%), from €85,619 to €113,445
of which Furniture and vehicles: +€22,939
- Cash -€26,320
down €26,320 (-62.4%), from €42,176 to €15,855
mainly Net result for the year (-€84,114) and Investment in fixed assets (net) (-€43,522)
- Stocks and contracts +€5,187
up €5,187 (+236.2%), from €2,196 to €7,383
- Receivables within one year -€5,183
down €5,183 (-100.0%), from €5,183 to €0
- Intangible fixed assets -€4,250
down €4,250 (-15.2%), from €27,979 to €23,729
- Profit (loss) carried forward -€59,639
down €59,639, from €0 to -€59,639
- Other debts +€46,550
up €46,550 (+36.5%), from €127,640 to €174,190
- Reserves -€24,475
down €24,475 (-100.0%), from €24,475 to €0
- Debts after one year +€16,554
new in 2025: €16,554
- Tax, wage and social debts +€11,558
up €11,558 (+266.4%), from €4,339 to €15,897
of which Remuneration and social security: +€9,413
- Staff costs +€135,089
up €135,089 (+211.2%), from €63,976 to €199,065
- Gross operating margin +€66,898
up €66,898 (+80.2%), from €83,447 to €150,346
- Depreciation +€13,953
up €13,953 (+232.8%), from €5,993 to €19,945
- Other operating charges +€4,924
up €4,924 (+55.0%), from €8,957 to €13,880
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 | €176,696 | €173,957 | -€2,740 | -1.6% |
| Fixed assets | 21/28 | €127,142 | €150,719 | +€23,577 | +18.5% |
| Intangible fixed assets | 21 | €27,979 | €23,729 | -€4,250 | -15.2% |
| Tangible fixed assets | 22/27 | €85,619 | €113,445 | +€27,827 | +32.5% |
| Land and buildings | 22 | €82,392 | €81,446 | -€946 | -1.1% |
| Plant, machinery and equipment | 23 | €677 | €6,512 | +€5,834 | +861.3% |
| Furniture and vehicles | 24 | €2,549 | €25,488 | +€22,939 | +899.9% |
| Financial fixed assets | 28 | €13,544 | €13,544 | = | 0.0% |
| Current assets | 29/58 | €49,555 | €23,238 | -€26,316 | -53.1% |
| Stocks and contracts in progress | 3 | €2,196 | €7,383 | +€5,187 | +236.2% |
| Stocks | 30/36 | €2,196 | €7,383 | +€5,187 | +236.2% |
| Amounts receivable within one year | 40/41 | €5,183 | €0 | -€5,183 | -100.0% |
| Other amounts receivable | 41 | €5,183 | €0 | -€5,183 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,176 | €15,855 | -€26,320 | -62.4% |
| Total equity and liabilities | 10/49 | €176,696 | €173,957 | -€2,740 | -1.6% |
| Equity | 10/15 | €29,475 | -€54,639 | -€84,114 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,475 | €0 | -€24,475 | -100.0% |
| Distributable reserves | 133 | €24,475 | €0 | -€24,475 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€59,639 | -€59,639 | |
| Amounts payable | 17/49 | €147,222 | €228,596 | +€81,374 | +55.3% |
| Amounts payable after more than one year | 17 | - | €16,554 | +€16,554 | |
| Financial debts | 170/4 | - | €16,554 | +€16,554 | |
| Amounts payable within one year | 42/48 | €147,222 | €212,042 | +€64,820 | +44.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,463 | +€4,463 | |
| Trade debts | 44 | €15,243 | €17,493 | +€2,250 | +14.8% |
| Suppliers | 440/4 | €15,243 | €17,493 | +€2,250 | +14.8% |
| Taxes, remuneration and social security | 45 | €4,339 | €15,897 | +€11,558 | +266.4% |
| Taxes | 450/3 | - | €2,146 | +€2,146 | |
| Remuneration and social security | 454/9 | €4,339 | €13,751 | +€9,413 | +217.0% |
| Other amounts payable | 47/48 | €127,640 | €174,190 | +€46,550 | +36.5% |
| Remuneration, social security and pensions | 62 | €63,976 | €199,065 | +€135,089 | +211.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,993 | €19,945 | +€13,953 | +232.8% |
| Other operating charges | 640/8 | €8,957 | €13,880 | +€4,924 | +55.0% |
| Gross operating margin | 9900 | €83,447 | €150,346 | +€66,898 | +80.2% |
| Operating profit (loss) | 9901 | €4,522 | -€82,545 | -€87,067 | |
| Financial income | 75/76B | €20 | €588 | +€568 | +2816.0% |
| Recurring financial income | 75 | €20 | €588 | +€568 | +2816.0% |
| Financial charges | 65/66B | €1,808 | €2,157 | +€349 | +19.3% |
| Recurring financial charges | 65 | €1,808 | €2,157 | +€349 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €2,734 | -€84,114 | -€86,848 | |
| Income taxes | 67/77 | €155 | €0 | -€155 | -100.0% |
| Profit (loss) for the period | 9904 | €2,579 | -€84,114 | -€86,693 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,579 | -€84,114 | -€86,693 |
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 29 September 2026 via checked.be.