SORADIAM: 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.
What changed
SORADIAM
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.8m
2024 · -€408,267-€1.4m
Equity
€12.2m
2024 · €14.1m-€1.8m
Cash
€3.5m
2024 · €2.1m+€1.4m
Balance sheet total
€16.0m
2024 · €17.9m-€1.9m
Largest movements
Assets
- Receivables within one year -€4.4m
down €4.4m (-30.7%), from €14.3m to €9.9m
of which Trade receivables: -€4.4m
- Cash +€1.4m
up €1.4m (+63.4%), from €2.1m to €3.5m
mainly Receivables within one year (+€4.4m) and Trade debts (+€472,625)
- Stocks and contracts +€1.2m
up €1.2m (+142%), from €856,355 to €2.1m
Equity and liabilities
- Reserves -€1.8m
down €1.8m (-22.9%), from €8.0m to €6.2m
of which Distributable reserves: -€1.8m
- Debts after one year -€590,500
down €590,500 (-16.9%), from €3.5m to €2.9m
- Trade debts +€472,625
up €472,625 (+5,146%), from €9,184 to €481,808
Income statement
- Turnover -€12.9m
down €12.9m (-54.9%), from €23.5m to €10.6m
- Goods and materials -€10.6m
down €10.6m (-46.8%), from €22.6m to €12.0m
of which Purchases: -€7.9m
- Other operating charges -€446,409
down €446,409 (-97.4%), from €458,554 to €12,145
- Financial charges -€334,040
down €334,040 (-82.2%), from €406,596 to €72,556
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.
Result 2024
-€408,267
Turnover
-€12.9m
Other operating income
+€1,300
Goods and materials
+€10.6m
Services and other goods
+€47,136
Staff costs
+€2,305
Depreciation
+€191
Other operating charges
+€446,409
Financial income
+€45,804
Financial charges
+€334,040
Taxes
+€8,149
Result 2025
-€1.8m
raises the resultlowers the result
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.
From operations
+€2.0m
Investment
-€3,346
Financing
-€590,500
Cash 2024
€2.1m
From operations (derived)
+€2.0m
Net result for the year
-€1.8m
Depreciation
+€35,264
Stocks and contracts
-€1.2m
Receivables within one year
+€4.4m
Smaller working-capital items
+€295
Trade debts
+€472,625
Tax, wage and social debts
-€47,856
Other debts
+€153,720
Investment (derived)
-€3,346
Investment in fixed assets (net)
-€3,346
Financing
-€590,500
Debts after one year
-€590,500
Cash 2025
€3.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,898,352 | €16,043,425 | -€1.9m | -10.4% |
| Fixed assets | 21/28 | €598,422 | €566,503 | -€31,919 | -5.3% |
| Tangible fixed assets | 22/27 | €598,168 | €566,249 | -€31,919 | -5.3% |
| Land and buildings | 22 | €595,056 | €563,745 | -€31,311 | -5.3% |
| Plant, machinery and equipment | 23 | €3,112 | €2,504 | -€607 | -19.5% |
| Financial fixed assets | 28 | €254 | €254 | = | 0.0% |
| Other financial fixed assets | 284/8 | €254 | €254 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €254 | €254 | = | 0.0% |
| Current assets | 29/58 | €17,299,930 | €15,476,922 | -€1.8m | -10.5% |
| Stocks and contracts in progress | 3 | €856,355 | €2,068,759 | +€1.2m | +142% |
| Stocks | 30/36 | €856,355 | €2,068,759 | +€1.2m | +142% |
| Goods purchased for resale | 34 | €856,355 | €2,068,759 | +€1.2m | +142% |
| Amounts receivable within one year | 40/41 | €14,294,301 | €9,901,662 | -€4.4m | -30.7% |
| Trade receivables | 40 | €14,263,836 | €9,889,167 | -€4.4m | -30.7% |
| Other amounts receivable | 41 | €30,465 | €12,495 | -€17,970 | -59.0% |
| Cash at bank and in hand | 54/58 | €2,141,459 | €3,499,593 | +€1.4m | +63.4% |
| Deferred charges and accrued income | 490/1 | €7,815 | €6,909 | -€907 | -11.6% |
| Total equity and liabilities | 10/49 | €17,898,352 | €16,043,425 | -€1.9m | -10.4% |
| Equity | 10/15 | €14,084,652 | €12,242,349 | -€1.8m | -13.1% |
| Contributions | 10/11 | €6,040,000 | €6,040,000 | = | 0.0% |
| Capital | 10 | €6,040,000 | €6,040,000 | = | 0.0% |
| Issued capital | 100 | €6,040,000 | €6,040,000 | = | 0.0% |
| Reserves | 13 | €8,044,652 | €6,202,349 | -€1.8m | -22.9% |
| Non-distributable reserves | 130/1 | €604,000 | €604,000 | = | 0.0% |
| Legal reserve | 130 | €604,000 | €604,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,940 | €21,513 | -€1,427 | -6.2% |
| Distributable reserves | 133 | €7,417,712 | €5,576,836 | -€1.8m | -24.8% |
| Provisions and deferred taxes | 16 | €4,485 | €3,873 | -€612 | -13.6% |
| Deferred taxes | 168 | €4,485 | €3,873 | -€612 | -13.6% |
| Amounts payable | 17/49 | €3,809,215 | €3,797,203 | -€12,012 | -0.3% |
| Amounts payable after more than one year | 17 | €3,493,800 | €2,903,300 | -€590,500 | -16.9% |
| Financial debts | 170/4 | €3,493,800 | €2,903,300 | -€590,500 | -16.9% |
| Subordinated loans | 170 | €3,143,800 | - | -€3.1m | |
| Other loans | 174 | €350,000 | €2,903,300 | +€2.6m | +730% |
| Amounts payable within one year | 42/48 | €315,415 | €893,903 | +€578,488 | +183% |
| Trade debts | 44 | €9,184 | €481,808 | +€472,625 | +5,146% |
| Suppliers | 440/4 | €9,184 | €481,808 | +€472,625 | +5,146% |
| Taxes, remuneration and social security | 45 | €58,824 | €10,967 | -€47,856 | -81.4% |
| Taxes | 450/3 | €48,235 | - | -€48,235 | |
| Remuneration and social security | 454/9 | €10,588 | €10,967 | +€379 | +3.6% |
| Other amounts payable | 47/48 | €247,408 | €401,128 | +€153,720 | +62.1% |
| Operating income | 70/76A | €23,513,544 | €10,626,309 | -€12.9m | -54.8% |
| Turnover | 70 | €23,468,944 | €10,580,409 | -€12.9m | -54.9% |
| Other operating income | 74 | €42,200 | €43,500 | +€1,300 | +3.1% |
| Non-recurring operating income | 76A | €2,400 | €2,400 | = | 0.0% |
| Operating charges | 60/66A | €23,489,433 | €12,424,227 | -€11.1m | -47.1% |
| Goods for resale, raw materials and consumables | 60 | €22,572,328 | €12,003,164 | -€10.6m | -46.8% |
| Purchases | 600/8 | €21,127,671 | €13,215,568 | -€7.9m | -37.4% |
| Change in stocks: decrease (increase) | 609 | €1,444,657 | -€1,212,404 | -€2.7m | |
| Services and other goods | 61 | €333,144 | €286,008 | -€47,136 | -14.1% |
| Remuneration, social security and pensions | 62 | €89,951 | €87,646 | -€2,305 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,455 | €35,264 | -€191 | -0.5% |
| Other operating charges | 640/8 | €458,554 | €12,145 | -€446,409 | -97.4% |
| Operating profit (loss) | 9901 | €24,111 | -€1,797,918 | -€1.8m | |
| Financial income | 75/76B | €9,575 | €55,379 | +€45,804 | +478% |
| Recurring financial income | 75 | €9,575 | €55,379 | +€45,804 | +478% |
| Income from current assets | 751 | €9,575 | €55,320 | +€45,745 | +478% |
| Other financial income | 752/9 | €0 | €59 | +€59 | +146,775% |
| Financial charges | 65/66B | €406,596 | €72,556 | -€334,040 | -82.2% |
| Recurring financial charges | 65 | €406,596 | €72,556 | -€334,040 | -82.2% |
| Debt charges | 650 | €206,968 | €307 | -€206,661 | -99.9% |
| Other financial charges | 652/9 | €199,628 | €72,249 | -€127,379 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | -€372,910 | -€1,815,095 | -€1.4m | -387% |
| Transfer from deferred taxes | 780 | €612 | €612 | = | 0.0% |
| Income taxes | 67/77 | €35,968 | €27,820 | -€8,149 | -22.7% |
| Taxes | 670/3 | €35,968 | €27,820 | -€8,149 | -22.7% |
| Profit (loss) for the period | 9904 | -€408,267 | -€1,842,303 | -€1.4m | -351% |
| Transfer from tax-exempt reserves | 789 | €1,427 | €1,427 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€406,840 | -€1,840,877 | -€1.4m | -352% |
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 25 October 2026 via checked.be.