Soret 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.
Soret Services
Largest movements
- Stocks and contracts +€98,339
new in 2025: €98,339
- Cash -€30,299
down €30,299 (-32.8%), from €92,245 to €61,946
mainly Other debts (-€130,305) and Stocks and contracts (-€98,339)
- Tangible fixed assets -€23,683
down €23,683 (-21.6%), from €109,862 to €86,180
of which Furniture and vehicles: -€22,293
- Other debts -€130,305
down €130,305 (-94.7%), from €137,670 to €7,365
- Debts after one year +€120,000
new in 2025: €120,000
- Profit (loss) carried forward +€42,363
up €42,363 (+65.0%), from €65,202 to €107,566
- Advances received +€9,459
new in 2025: €9,459
- Tax, wage and social debts +€5,513
up €5,513 (+23.4%), from €23,544 to €29,057
- Gross operating margin +€24,639
up €24,639 (+35.6%), from €69,114 to €93,753
- Financial charges +€4,828
up €4,828 (+6749.0%), from €72 to €4,899
- Taxes +€4,495
up €4,495 (+59.7%), from €7,525 to €12,020
- Depreciation +€1,867
up €1,867 (+5.9%), from €31,886 to €33,752
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 | €231,830 | €278,367 | +€46,537 | +20.1% |
| Fixed assets | 21/28 | €109,862 | €86,180 | -€23,683 | -21.6% |
| Tangible fixed assets | 22/27 | €109,862 | €86,180 | -€23,683 | -21.6% |
| Plant, machinery and equipment | 23 | €20,172 | €18,782 | -€1,390 | -6.9% |
| Furniture and vehicles | 24 | €89,690 | €67,397 | -€22,293 | -24.9% |
| Current assets | 29/58 | €121,968 | €192,187 | +€70,219 | +57.6% |
| Stocks and contracts in progress | 3 | - | €98,339 | +€98,339 | |
| Stocks | 30/36 | - | €98,339 | +€98,339 | |
| Amounts receivable within one year | 40/41 | €25,542 | €28,067 | +€2,524 | +9.9% |
| Trade receivables | 40 | €25,542 | €28,067 | +€2,524 | +9.9% |
| Cash at bank and in hand | 54/58 | €92,245 | €61,946 | -€30,299 | -32.8% |
| Deferred charges and accrued income | 490/1 | €4,181 | €3,836 | -€345 | -8.3% |
| Total equity and liabilities | 10/49 | €231,830 | €278,367 | +€46,537 | +20.1% |
| Equity | 10/15 | €68,202 | €110,566 | +€42,363 | +62.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,202 | €107,566 | +€42,363 | +65.0% |
| Amounts payable | 17/49 | €163,628 | €167,801 | +€4,173 | +2.6% |
| Amounts payable after more than one year | 17 | - | €120,000 | +€120,000 | |
| Financial debts | 170/4 | - | €120,000 | +€120,000 | |
| Amounts payable within one year | 42/48 | €161,588 | €47,801 | -€113,787 | -70.4% |
| Trade debts | 44 | €374 | €1,920 | +€1,546 | +413.2% |
| Suppliers | 440/4 | €374 | €1,920 | +€1,546 | +413.2% |
| Advances received on contracts in progress | 46 | - | €9,459 | +€9,459 | |
| Taxes, remuneration and social security | 45 | €23,544 | €29,057 | +€5,513 | +23.4% |
| Taxes | 450/3 | €23,544 | €29,057 | +€5,513 | +23.4% |
| Other amounts payable | 47/48 | €137,670 | €7,365 | -€130,305 | -94.7% |
| Accrued charges and deferred income | 492/3 | €2,040 | - | -€2,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,886 | €33,752 | +€1,867 | +5.9% |
| Other operating charges | 640/8 | €577 | €758 | +€181 | +31.3% |
| Gross operating margin | 9900 | €69,114 | €93,753 | +€24,639 | +35.6% |
| Operating profit (loss) | 9901 | €36,651 | €59,242 | +€22,591 | +61.6% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €72 | €4,899 | +€4,828 | +6749.0% |
| Recurring financial charges | 65 | €72 | €4,899 | +€4,828 | +6749.0% |
| Profit (loss) for the period before taxes | 9903 | €36,580 | €54,384 | +€17,804 | +48.7% |
| Income taxes | 67/77 | €7,525 | €12,020 | +€4,495 | +59.7% |
| Profit (loss) for the period | 9904 | €29,054 | €42,363 | +€13,309 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,054 | €42,363 | +€13,309 | +45.8% |
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 2 October 2026 via checked.be.