SoRH: 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.
SoRH
Largest movements
- Cash +€41,717
up €41,717 (+1384.1%), from €3,014 to €44,731
mainly Net result for the year (+€38,185) and Tax, wage and social debts (+€18,480)
- Receivables within one year +€13,722
up €13,722 (+20.6%), from €66,581 to €80,304
of which Trade receivables: +€13,212
- Profit (loss) carried forward +€35,933
up €35,933 (+42090.9%), from €85 to €36,018
- Tax, wage and social debts +€18,480
up €18,480 (+91.6%), from €20,184 to €38,664
of which Taxes: +€13,415
- Other debts +€2,454
up €2,454 (+75.8%), from €3,237 to €5,691
- Trade debts -€1,531
down €1,531 (-8.1%), from €18,973 to €17,442
- Gross operating margin +€42,739
up €42,739 (+64.7%), from €66,078 to €108,817
- Staff costs +€12,200
up €12,200 (+29.5%), from €41,377 to €53,577
- Taxes +€6,228
up €6,228 (+71.9%), from €8,664 to €14,892
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 | €71,262 | €126,777 | +€55,515 | +77.9% |
| Fixed assets | 21/28 | €645 | €251 | -€394 | -61.1% |
| Tangible fixed assets | 22/27 | €394 | €0 | -€394 | -100.0% |
| Furniture and vehicles | 24 | €394 | €0 | -€394 | -100.0% |
| Financial fixed assets | 28 | €251 | €251 | = | 0.0% |
| Current assets | 29/58 | €70,618 | €126,527 | +€55,909 | +79.2% |
| Amounts receivable within one year | 40/41 | €66,581 | €80,304 | +€13,722 | +20.6% |
| Trade receivables | 40 | €57,381 | €70,593 | +€13,212 | +23.0% |
| Other amounts receivable | 41 | €9,201 | €9,711 | +€510 | +5.5% |
| Cash at bank and in hand | 54/58 | €3,014 | €44,731 | +€41,717 | +1384.1% |
| Deferred charges and accrued income | 490/1 | €1,022 | €1,492 | +€470 | +45.9% |
| Total equity and liabilities | 10/49 | €71,262 | €126,777 | +€55,515 | +77.9% |
| Equity | 10/15 | €28,831 | €64,764 | +€35,933 | +124.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €28,744 | €28,744 | = | 0.0% |
| Distributable reserves | 133 | €28,744 | €28,744 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85 | €36,018 | +€35,933 | +42090.9% |
| Amounts payable | 17/49 | €42,432 | €62,014 | +€19,582 | +46.1% |
| Amounts payable within one year | 42/48 | €42,394 | €61,797 | +€19,403 | +45.8% |
| Trade debts | 44 | €18,973 | €17,442 | -€1,531 | -8.1% |
| Suppliers | 440/4 | €18,973 | €17,442 | -€1,531 | -8.1% |
| Taxes, remuneration and social security | 45 | €20,184 | €38,664 | +€18,480 | +91.6% |
| Taxes | 450/3 | €16,149 | €29,564 | +€13,415 | +83.1% |
| Remuneration and social security | 454/9 | €4,035 | €9,101 | +€5,065 | +125.5% |
| Other amounts payable | 47/48 | €3,237 | €5,691 | +€2,454 | +75.8% |
| Accrued charges and deferred income | 492/3 | €38 | €217 | +€179 | +471.7% |
| Remuneration, social security and pensions | 62 | €41,377 | €53,577 | +€12,200 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €395 | €394 | -€1 | -0.3% |
| Other operating charges | 640/8 | €387 | €456 | +€69 | +17.7% |
| Gross operating margin | 9900 | €66,078 | €108,817 | +€42,739 | +64.7% |
| Operating profit (loss) | 9901 | €23,918 | €54,391 | +€30,472 | +127.4% |
| Financial income | 75/76B | €2 | €1 | -€0 | -1.3% |
| Recurring financial income | 75 | €2 | €1 | -€0 | -1.3% |
| Financial charges | 65/66B | €1,565 | €1,315 | -€249 | -15.9% |
| Recurring financial charges | 65 | €1,565 | €1,315 | -€249 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €22,355 | €53,077 | +€30,722 | +137.4% |
| Income taxes | 67/77 | €8,664 | €14,892 | +€6,228 | +71.9% |
| Profit (loss) for the period | 9904 | €13,691 | €38,185 | +€24,494 | +178.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,691 | €38,185 | +€24,494 | +178.9% |
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 10 October 2026 via checked.be.