SORGELOOS DANNY: 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.
SORGELOOS DANNY
Largest movements
- Cash -€55,858
down €55,858 (-77.6%), from €71,939 to €16,081
mainly Investment in fixed assets (net) (-€70,562) and Trade debts (-€29,110)
- Tangible fixed assets +€42,501
up €42,501 (+68.5%), from €62,062 to €104,563
of which Furniture and vehicles: +€47,927
- Stocks and contracts +€22,762
up €22,762 (+66.1%), from €34,446 to €57,208
- Receivables within one year +€16,078
up €16,078 (+51.0%), from €31,551 to €47,629
of which Trade receivables: +€26,909
- Debts after one year +€48,450
up €48,450 (+567%), from €8,544 to €56,994
- Trade debts -€29,110
down €29,110 (-86.7%), from €33,595 to €4,485
- Current portion of long-term debt +€15,894
up €15,894 (+283%), from €5,617 to €21,511
- Reserves -€7,453
down €7,453 (-6.4%), from €116,534 to €109,081
- Tax, wage and social debts -€6,722
down €6,722 (-57.2%), from €11,758 to €5,036
of which Remuneration and social security: -€4,500
- Depreciation +€12,045
up €12,045 (+75.2%), from €16,016 to €28,061
- Taxes -€5,469
down €5,469 (-39.6%), from €13,811 to €8,342
- Gross operating margin -€3,318
down €3,318 (-5.8%), from €57,044 to €53,726
- Financial charges +€1,190
up €1,190 (+122%), from €973 to €2,163
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,867 | €232,865 | +€24,998 | +12.0% |
| Fixed assets | 21/28 | €62,062 | €104,563 | +€42,501 | +68.5% |
| Tangible fixed assets | 22/27 | €62,062 | €104,563 | +€42,501 | +68.5% |
| Land and buildings | 22 | €3,625 | €1,974 | -€1,651 | -45.5% |
| Plant, machinery and equipment | 23 | €32,606 | €28,831 | -€3,775 | -11.6% |
| Furniture and vehicles | 24 | €25,831 | €73,758 | +€47,927 | +186% |
| Current assets | 29/58 | €145,805 | €128,302 | -€17,503 | -12.0% |
| Stocks and contracts in progress | 3 | €34,446 | €57,208 | +€22,762 | +66.1% |
| Stocks | 30/36 | €34,446 | €57,208 | +€22,762 | +66.1% |
| Amounts receivable within one year | 40/41 | €31,551 | €47,629 | +€16,078 | +51.0% |
| Trade receivables | 40 | €17,656 | €44,565 | +€26,909 | +152% |
| Other amounts receivable | 41 | €13,895 | €3,064 | -€10,831 | -78.0% |
| Cash at bank and in hand | 54/58 | €71,939 | €16,081 | -€55,858 | -77.6% |
| Deferred charges and accrued income | 490/1 | €7,869 | €7,383 | -€486 | -6.2% |
| Total equity and liabilities | 10/49 | €207,867 | €232,865 | +€24,998 | +12.0% |
| Equity | 10/15 | €148,353 | €140,900 | -€7,453 | -5.0% |
| Contributions | 10/11 | €10,400 | €10,400 | = | 0.0% |
| Reserves | 13 | €116,534 | €109,081 | -€7,453 | -6.4% |
| Distributable reserves | 133 | €116,534 | €109,081 | -€7,453 | -6.4% |
| Profit (loss) carried forward | 14 | €21,419 | €21,419 | -€0 | 0.0% |
| Amounts payable | 17/49 | €59,514 | €91,966 | +€32,452 | +54.5% |
| Amounts payable after more than one year | 17 | €8,544 | €56,994 | +€48,450 | +567% |
| Financial debts | 170/4 | €8,544 | €56,994 | +€48,450 | +567% |
| Amounts payable within one year | 42/48 | €50,970 | €31,031 | -€19,939 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €5,617 | €21,511 | +€15,894 | +283% |
| Trade debts | 44 | €33,595 | €4,485 | -€29,110 | -86.7% |
| Suppliers | 440/4 | €33,595 | €4,485 | -€29,110 | -86.7% |
| Taxes, remuneration and social security | 45 | €11,758 | €5,036 | -€6,722 | -57.2% |
| Taxes | 450/3 | €7,258 | €5,036 | -€2,222 | -30.6% |
| Remuneration and social security | 454/9 | €4,500 | - | -€4,500 | |
| Accrued charges and deferred income | 492/3 | - | €3,940 | +€3,940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,016 | €28,061 | +€12,045 | +75.2% |
| Other operating charges | 640/8 | €2,196 | €1,883 | -€313 | -14.3% |
| Gross operating margin | 9900 | €57,044 | €53,726 | -€3,318 | -5.8% |
| Operating profit (loss) | 9901 | €38,832 | €23,783 | -€15,049 | -38.8% |
| Financial income | 75/76B | €1,184 | €782 | -€402 | -33.9% |
| Recurring financial income | 75 | €1,184 | €782 | -€402 | -33.9% |
| Financial charges | 65/66B | €973 | €2,163 | +€1,190 | +122% |
| Recurring financial charges | 65 | €973 | €2,163 | +€1,190 | +122% |
| Profit (loss) for the period before taxes | 9903 | €39,043 | €22,402 | -€16,641 | -42.6% |
| Income taxes | 67/77 | €13,811 | €8,342 | -€5,469 | -39.6% |
| Profit (loss) for the period | 9904 | €25,232 | €14,060 | -€11,172 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,232 | €14,060 | -€11,172 | -44.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.