SORIC: 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.
SORIC
Largest movements
- Cash -€15,626
down €15,626 (-63.0%), from €24,801 to €9,175
mainly Net result for the year (-€34,812) and Trade debts (-€5,153)
- Tangible fixed assets -€9,589
down €9,589 (-37.8%), from €25,361 to €15,771
of which Furniture and vehicles: -€5,032
- Stocks and contracts +€1,113
up €1,113 (+16.0%), from €6,941 to €8,055
- Profit (loss) carried forward -€34,812
down €34,812 (-27.9%), from -€124,920 to -€159,732
- Tax, wage and social debts +€14,175
up €14,175 (+118.2%), from €11,996 to €26,171
of which Remuneration and social security: +€10,905
- Trade debts -€5,153
down €5,153 (-6.2%), from €82,847 to €77,694
- Accrued charges and deferred income +€3,500
new in 2025: €3,500
- Other debts -€1,835
down €1,835 (-2.0%), from €89,870 to €88,035
- Gross operating margin -€34,815
down €34,815 (-36.8%), from €94,574 to €59,759
- Staff costs +€11,170
up €11,170 (+16.1%), from €69,260 to €80,430
- Depreciation +€2,191
up €2,191 (+29.6%), from €7,398 to €9,589
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 | €84,583 | €60,458 | -€24,125 | -28.5% |
| Fixed assets | 21/28 | €33,812 | €24,223 | -€9,589 | -28.4% |
| Tangible fixed assets | 22/27 | €25,361 | €15,771 | -€9,589 | -37.8% |
| Furniture and vehicles | 24 | €18,700 | €13,668 | -€5,032 | -26.9% |
| Other tangible fixed assets | 26 | €6,660 | €2,103 | -€4,557 | -68.4% |
| Financial fixed assets | 28 | €8,451 | €8,451 | = | 0.0% |
| Current assets | 29/58 | €50,771 | €36,236 | -€14,536 | -28.6% |
| Stocks and contracts in progress | 3 | €6,941 | €8,055 | +€1,113 | +16.0% |
| Stocks | 30/36 | €6,941 | €8,055 | +€1,113 | +16.0% |
| Amounts receivable within one year | 40/41 | €18,821 | €18,590 | -€231 | -1.2% |
| Trade receivables | 40 | €18,711 | €18,480 | -€231 | -1.2% |
| Other amounts receivable | 41 | €110 | €110 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,801 | €9,175 | -€15,626 | -63.0% |
| Deferred charges and accrued income | 490/1 | €209 | €416 | +€208 | +99.5% |
| Total equity and liabilities | 10/49 | €84,583 | €60,458 | -€24,125 | -28.5% |
| Equity | 10/15 | -€100,130 | -€134,942 | -€34,812 | -34.8% |
| Contributions | 10/11 | €24,790 | €24,790 | = | 0.0% |
| Outside capital | 11 | €24,790 | €24,790 | = | 0.0% |
| Share premium | 1100/10 | €24,790 | €24,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,920 | -€159,732 | -€34,812 | -27.9% |
| Amounts payable | 17/49 | €184,713 | €195,400 | +€10,687 | +5.8% |
| Amounts payable within one year | 42/48 | €184,713 | €191,900 | +€7,187 | +3.9% |
| Trade debts | 44 | €82,847 | €77,694 | -€5,153 | -6.2% |
| Suppliers | 440/4 | €82,847 | €77,694 | -€5,153 | -6.2% |
| Taxes, remuneration and social security | 45 | €11,996 | €26,171 | +€14,175 | +118.2% |
| Taxes | 450/3 | €3,782 | €7,051 | +€3,270 | +86.5% |
| Remuneration and social security | 454/9 | €8,214 | €19,119 | +€10,905 | +132.8% |
| Other amounts payable | 47/48 | €89,870 | €88,035 | -€1,835 | -2.0% |
| Accrued charges and deferred income | 492/3 | - | €3,500 | +€3,500 | |
| Remuneration, social security and pensions | 62 | €69,260 | €80,430 | +€11,170 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,398 | €9,589 | +€2,191 | +29.6% |
| Other operating charges | 640/8 | €5,012 | €4,430 | -€582 | -11.6% |
| Gross operating margin | 9900 | €94,574 | €59,759 | -€34,815 | -36.8% |
| Operating profit (loss) | 9901 | €12,903 | -€34,689 | -€47,593 | |
| Financial income | 75/76B | €37 | €110 | +€72 | +194.0% |
| Recurring financial income | 75 | €37 | €110 | +€72 | +194.0% |
| Financial charges | 65/66B | €136 | €27 | -€109 | -79.9% |
| Recurring financial charges | 65 | €136 | €27 | -€109 | -79.9% |
| Profit (loss) for the period before taxes | 9903 | €12,805 | -€34,607 | -€47,412 | |
| Income taxes | 67/77 | €172 | €205 | +€33 | +19.3% |
| Profit (loss) for the period | 9904 | €12,633 | -€34,812 | -€47,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,633 | -€34,812 | -€47,445 |
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 5 October 2026 via checked.be.