SORESO: 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.
SORESO
Largest movements
- Cash +€28,170
up €28,170 (+129.7%), from €21,718 to €49,888
mainly Net result for the year (+€20,613) and Receivables within one year (+€13,755)
- Receivables within one year -€13,755
down €13,755 (-68.5%), from €20,070 to €6,316
of which Trade receivables: -€16,513
- Current investments +€6,900
up €6,900 (+4.5%), from €152,400 to €159,300
- Profit (loss) carried forward +€20,613
up €20,613 (+10.8%), from €191,130 to €211,742
- Gross operating margin -€22,055
down €22,055 (-48.0%), from €45,922 to €23,867
- Financial income +€5,659
up €5,659 (+42485.7%), from €13 to €5,672
- Taxes -€4,640
down €4,640 (-45.4%), from €10,231 to €5,590
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 | €202,175 | €221,797 | +€19,622 | +9.7% |
| Fixed assets | 21/28 | €7,433 | €4,517 | -€2,917 | -39.2% |
| Intangible fixed assets | 21 | €6,094 | €3,894 | -€2,200 | -36.1% |
| Tangible fixed assets | 22/27 | €1,339 | €623 | -€716 | -53.5% |
| Furniture and vehicles | 24 | €1,339 | €623 | -€716 | -53.5% |
| Current assets | 29/58 | €194,742 | €217,281 | +€22,539 | +11.6% |
| Amounts receivable within one year | 40/41 | €20,070 | €6,316 | -€13,755 | -68.5% |
| Trade receivables | 40 | €20,070 | €3,557 | -€16,513 | -82.3% |
| Other amounts receivable | 41 | €0 | €2,758 | +€2,758 | |
| Current investments | 50/53 | €152,400 | €159,300 | +€6,900 | +4.5% |
| Cash at bank and in hand | 54/58 | €21,718 | €49,888 | +€28,170 | +129.7% |
| Deferred charges and accrued income | 490/1 | €554 | €1,778 | +€1,224 | +220.9% |
| Total equity and liabilities | 10/49 | €202,175 | €221,797 | +€19,622 | +9.7% |
| Equity | 10/15 | €195,130 | €215,742 | +€20,613 | +10.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191,130 | €211,742 | +€20,613 | +10.8% |
| Amounts payable | 17/49 | €7,045 | €6,055 | -€990 | -14.1% |
| Amounts payable within one year | 42/48 | €7,045 | €5,655 | -€1,390 | -19.7% |
| Trade debts | 44 | €1,327 | €0 | -€1,327 | -100.0% |
| Suppliers | 440/4 | €1,327 | €0 | -€1,327 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,719 | €5,655 | -€63 | -1.1% |
| Taxes | 450/3 | €5,719 | €5,160 | -€558 | -9.8% |
| Remuneration and social security | 454/9 | €0 | €495 | +€495 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,495 | €2,917 | +€421 | +16.9% |
| Other operating charges | 640/8 | €407 | €420 | +€12 | +3.0% |
| Gross operating margin | 9900 | €45,922 | €23,867 | -€22,055 | -48.0% |
| Operating profit (loss) | 9901 | €43,019 | €20,531 | -€22,488 | -52.3% |
| Financial income | 75/76B | €13 | €5,672 | +€5,659 | +42485.7% |
| Recurring financial income | 75 | €13 | €5,672 | +€5,659 | +42485.7% |
| Financial charges | 65/66B | €214 | €0 | -€214 | -100.0% |
| Recurring financial charges | 65 | €214 | €0 | -€214 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €42,818 | €26,203 | -€16,615 | -38.8% |
| Income taxes | 67/77 | €10,231 | €5,590 | -€4,640 | -45.4% |
| Profit (loss) for the period | 9904 | €32,587 | €20,613 | -€11,975 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,587 | €20,613 | -€11,975 | -36.7% |
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 9 October 2026 via checked.be.