SORESCOL SERVICES: 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.
What changed
SORESCOL SERVICES
NACE 46.392, Non-specialised wholesale
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4.5m
2024 · €4.2m+€274,445
Equity
€42.6m
2024 · €44.1m-€1.5m
Cash
€1.9m
2024 · €4.0m-€2.1m
Balance sheet total
€50.1m
2024 · €49.2m+€850,976
Largest movements
Assets
- Cash -€2.1m
down €2.1m (-52.9%), from €4.0m to €1.9m
mainly Contributions, distributions and other (-€6.0m) and Current investments (-€2.0m)
- Current investments +€2.0m
up €2.0m (+5.4%), from €37.0m to €38.9m
- Receivables within one year +€960,486
up €960,486 (+23.0%), from €4.2m to €5.1m
of which Trade receivables: +€973,866
Equity and liabilities
- Profit (loss) carried forward -€1.5m
down €1.5m (-7.4%), from €20.7m to €19.2m
- Other debts +€1.2m
up €1.2m (+4130.2%), from €29,249 to €1.2m
- Tax, wage and social debts +€699,007
up €699,007 (+94.0%), from €743,735 to €1.4m
of which Taxes: +€630,629
- Trade debts +€640,375
up €640,375 (+19.8%), from €3.2m to €3.9m
Income statement
- Turnover +€1.7m
up €1.7m (+3.7%), from €45.9m to €47.6m
- Goods and materials +€1.4m
up €1.4m (+3.9%), from €35.4m to €36.8m
of which Purchases: +€1.6m
- Financial income +€571,050
up €571,050 (+38.7%), from €1.5m to €2.0m
- Financial charges +€565,191
up €565,191 (+127.9%), from €442,067 to €1.0m
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
€4.2m
Turnover
+€1.7m
Other operating income
-€76,107
Goods and materials
-€1.4m
Services and other goods
+€192,157
Staff costs
-€337,699
Depreciation
-€22,907
Write-downs
+€117,896
Other operating charges
+€121,941
Financial income
+€571,050
Financial charges
-€565,191
Taxes
-€25,875
Deferred taxes and other
-€3,242
Result 2025
€4.5m
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.
From operations
+€6.4m
Investment
-€2.4m
Financing
-€6.2m
Cash 2024
€4.0m
From operations (derived)
+€6.4m
Net result for the year
+€4.5m
Depreciation
+€390,448
Stocks and contracts
-€42,742
Receivables within one year
-€960,486
Smaller working-capital items
+€8,614
Trade debts
+€640,375
Tax, wage and social debts
+€699,007
Other debts
+€1.2m
Investment (derived)
-€2.4m
Investment in fixed assets (net)
-€374,376
Current investments
-€2.0m
Financing
-€6.2m
Debts after one year
-€72,925
Current portion of long-term debt
-€87,179
Contributions, distributions and other
-€6.0m
Cash 2025
€1.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,244,800 | €50,095,776 | +€850,976 | +1.7% |
| Fixed assets | 21/28 | €2,571,312 | €2,555,240 | -€16,072 | -0.6% |
| Tangible fixed assets | 22/27 | €2,184,564 | €2,168,492 | -€16,072 | -0.7% |
| Land and buildings | 22 | €618,702 | €689,335 | +€70,633 | +11.4% |
| Plant, machinery and equipment | 23 | €1,263,649 | €1,118,851 | -€144,798 | -11.5% |
| Furniture and vehicles | 24 | €302,213 | €294,014 | -€8,199 | -2.7% |
| Leasing and similar rights | 25 | - | €66,292 | +€66,292 | |
| Financial fixed assets | 28 | €386,748 | €386,748 | = | 0.0% |
| Affiliated companies | 280/1 | €386,000 | €386,000 | = | 0.0% |
| Participating interests | 280 | €386,000 | €386,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €748 | €748 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €748 | €748 | = | 0.0% |
| Current assets | 29/58 | €46,673,488 | €47,540,536 | +€867,048 | +1.9% |
| Stocks and contracts in progress | 3 | €1,405,880 | €1,448,623 | +€42,742 | +3.0% |
| Stocks | 30/36 | €1,405,880 | €1,448,623 | +€42,742 | +3.0% |
| Goods purchased for resale | 34 | €1,405,880 | €1,448,623 | +€42,742 | +3.0% |
| Amounts receivable within one year | 40/41 | €4,182,798 | €5,143,284 | +€960,486 | +23.0% |
| Trade receivables | 40 | €4,129,794 | €5,103,660 | +€973,866 | +23.6% |
| Other amounts receivable | 41 | €53,005 | €39,624 | -€13,381 | -25.2% |
| Current investments | 50/53 | €36,959,512 | €38,941,916 | +€2.0m | +5.4% |
| Other investments | 51/53 | €36,959,512 | €38,941,916 | +€2.0m | +5.4% |
| Cash at bank and in hand | 54/58 | €3,985,295 | €1,875,495 | -€2.1m | -52.9% |
| Deferred charges and accrued income | 490/1 | €140,002 | €131,218 | -€8,784 | -6.3% |
| Total equity and liabilities | 10/49 | €49,244,800 | €50,095,776 | +€850,976 | +1.7% |
| Equity | 10/15 | €44,134,902 | €42,598,739 | -€1.5m | -3.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €23,172,280 | €23,172,280 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €23,147,280 | €23,147,280 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,712,622 | €19,176,459 | -€1.5m | -7.4% |
| Provisions and deferred taxes | 16 | €100,000 | €100,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €100,000 | €100,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable | 17/49 | €5,009,898 | €7,397,036 | +€2.4m | +47.6% |
| Amounts payable after more than one year | 17 | €793,258 | €720,333 | -€72,925 | -9.2% |
| Financial debts | 170/4 | €793,258 | €720,333 | -€72,925 | -9.2% |
| Leasing and similar obligations | 172 | - | €4,408 | +€4,408 | |
| Credit institutions | 173 | €793,258 | €715,925 | -€77,333 | -9.7% |
| Amounts payable within one year | 42/48 | €4,216,470 | €6,676,703 | +€2.5m | +58.3% |
| Current portion of amounts payable after more than one year | 42 | €207,082 | €119,903 | -€87,179 | -42.1% |
| Trade debts | 44 | €3,236,404 | €3,876,779 | +€640,375 | +19.8% |
| Suppliers | 440/4 | €3,236,404 | €3,876,779 | +€640,375 | +19.8% |
| Taxes, remuneration and social security | 45 | €743,735 | €1,442,743 | +€699,007 | +94.0% |
| Taxes | 450/3 | €222,494 | €853,122 | +€630,629 | +283.4% |
| Remuneration and social security | 454/9 | €521,242 | €589,620 | +€68,378 | +13.1% |
| Other amounts payable | 47/48 | €29,249 | €1,237,280 | +€1.2m | +4130.2% |
| Accrued charges and deferred income | 492/3 | €170 | - | -€170 | |
| Operating income | 70/76A | €46,080,849 | €47,703,311 | +€1.6m | +3.5% |
| Turnover | 70 | €45,900,850 | €47,599,420 | +€1.7m | +3.7% |
| Other operating income | 74 | €179,998 | €103,891 | -€76,107 | -42.3% |
| Operating charges | 60/66A | €41,543,147 | €42,867,907 | +€1.3m | +3.2% |
| Goods for resale, raw materials and consumables | 60 | €35,368,858 | €36,765,005 | +€1.4m | +3.9% |
| Purchases | 600/8 | €35,204,392 | €36,807,747 | +€1.6m | +4.6% |
| Change in stocks: decrease (increase) | 609 | €164,466 | -€42,742 | -€207,208 | |
| Services and other goods | 61 | €2,001,820 | €1,809,662 | -€192,157 | -9.6% |
| Remuneration, social security and pensions | 62 | €3,379,086 | €3,716,785 | +€337,699 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367,540 | €390,448 | +€22,907 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €117,505 | -€391 | -€117,896 | |
| Other operating charges | 640/8 | €308,338 | €186,397 | -€121,941 | -39.5% |
| Operating profit (loss) | 9901 | €4,537,702 | €4,835,404 | +€297,702 | +6.6% |
| Financial income | 75/76B | €1,474,110 | €2,045,160 | +€571,050 | +38.7% |
| Recurring financial income | 75 | €1,474,110 | €2,045,160 | +€571,050 | +38.7% |
| Income from current assets | 751 | €1,467,813 | €2,045,160 | +€577,348 | +39.3% |
| Other financial income | 752/9 | €6,297 | - | -€6,297 | |
| Financial charges | 65/66B | €442,067 | €1,007,257 | +€565,191 | +127.9% |
| Recurring financial charges | 65 | €442,067 | €1,007,257 | +€565,191 | +127.9% |
| Debt charges | 650 | €31,289 | €21,142 | -€10,147 | -32.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€132,138 | €62,347 | +€194,485 | |
| Other financial charges | 652/9 | €542,916 | €923,768 | +€380,853 | +70.1% |
| Profit (loss) for the period before taxes | 9903 | €5,569,745 | €5,873,307 | +€303,562 | +5.5% |
| Transfer from deferred taxes | 780 | €3,242 | - | -€3,242 | |
| Income taxes | 67/77 | €1,383,595 | €1,409,470 | +€25,875 | +1.9% |
| Taxes | 670/3 | €1,383,595 | €1,474,141 | +€90,546 | +6.5% |
| Tax adjustments and reversals of tax provisions | 77 | - | €64,671 | +€64,671 | |
| Profit (loss) for the period | 9904 | €4,189,392 | €4,463,837 | +€274,445 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,189,392 | €4,463,837 | +€274,445 | +6.6% |
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 30 September 2026 via checked.be.