SOREMA: 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.
SOREMA
Largest movements
- Receivables within one year -€9,530
down €9,530 (-98.2%), from €9,707 to €177
- Tangible fixed assets -€8,183
down €8,183 (-3.7%), from €219,341 to €211,158
of which Plant, machinery and equipment: -€8,183
- Cash -€3,757
down €3,757 (-78.1%), from €4,809 to €1,052
mainly Trade debts (-€30,955) and Debts after one year (-€7,975)
- Trade debts -€30,955
down €30,955 (-24.9%), from €124,184 to €93,229
- Profit (loss) carried forward +€13,057
up €13,057 (+105.0%), from €12,439 to €25,497
- Debts after one year -€7,975
down €7,975 (-53.4%), from €14,933 to €6,958
- Tax, wage and social debts +€4,418
up €4,418 (+75.8%), from €5,826 to €10,244
- Gross operating margin +€18,565
up €18,565 (+69.6%), from €26,688 to €45,253
- Financial charges +€9,407
up €9,407 (+607.3%), from €1,549 to €10,955
- Depreciation +€1,854
up €1,854 (+29.3%), from €6,330 to €8,183
- Taxes +€1,627
up €1,627 (+52.0%), from €3,127 to €4,753
- Other operating charges +€966
up €966 (+13.2%), from €7,338 to €8,304
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 | €235,584 | €215,099 | -€20,485 | -8.7% |
| Fixed assets | 21/28 | €219,341 | €211,158 | -€8,183 | -3.7% |
| Tangible fixed assets | 22/27 | €219,341 | €211,158 | -€8,183 | -3.7% |
| Land and buildings | 22 | €62,174 | €62,174 | = | 0.0% |
| Plant, machinery and equipment | 23 | €157,167 | €148,984 | -€8,183 | -5.2% |
| Current assets | 29/58 | €16,242 | €3,941 | -€12,302 | -75.7% |
| Amounts receivable within one year | 40/41 | €9,707 | €177 | -€9,530 | -98.2% |
| Other amounts receivable | 41 | €9,707 | €177 | -€9,530 | -98.2% |
| Cash at bank and in hand | 54/58 | €4,809 | €1,052 | -€3,757 | -78.1% |
| Deferred charges and accrued income | 490/1 | €1,726 | €2,712 | +€986 | +57.1% |
| Total equity and liabilities | 10/49 | €235,584 | €215,099 | -€20,485 | -8.7% |
| Equity | 10/15 | €82,439 | €95,497 | +€13,057 | +15.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,439 | €25,497 | +€13,057 | +105.0% |
| Amounts payable | 17/49 | €153,145 | €119,602 | -€33,542 | -21.9% |
| Amounts payable after more than one year | 17 | €14,933 | €6,958 | -€7,975 | -53.4% |
| Financial debts | 170/4 | €14,933 | €6,958 | -€7,975 | -53.4% |
| Amounts payable within one year | 42/48 | €138,212 | €112,595 | -€25,617 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €8,202 | €8,622 | +€420 | +5.1% |
| Trade debts | 44 | €124,184 | €93,229 | -€30,955 | -24.9% |
| Suppliers | 440/4 | €124,184 | €93,229 | -€30,955 | -24.9% |
| Taxes, remuneration and social security | 45 | €5,826 | €10,244 | +€4,418 | +75.8% |
| Taxes | 450/3 | €5,826 | €10,244 | +€4,418 | +75.8% |
| Other amounts payable | 47/48 | - | €500 | +€500 | |
| Accrued charges and deferred income | 492/3 | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,330 | €8,183 | +€1,854 | +29.3% |
| Other operating charges | 640/8 | €7,338 | €8,304 | +€966 | +13.2% |
| Gross operating margin | 9900 | €26,688 | €45,253 | +€18,565 | +69.6% |
| Operating profit (loss) | 9901 | €13,020 | €28,766 | +€15,745 | +120.9% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,549 | €10,955 | +€9,407 | +607.3% |
| Recurring financial charges | 65 | €1,549 | €10,955 | +€9,407 | +607.3% |
| Profit (loss) for the period before taxes | 9903 | €11,474 | €17,811 | +€6,337 | +55.2% |
| Income taxes | 67/77 | €3,127 | €4,753 | +€1,627 | +52.0% |
| Profit (loss) for the period | 9904 | €8,347 | €13,057 | +€4,710 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,347 | €13,057 | +€4,710 | +56.4% |
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 5 October 2026 via checked.be.