SORIN: 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.
SORIN
Largest movements
- Current investments +€14,983
up €14,983 (+68.4%), from €21,900 to €36,884
- Tangible fixed assets -€5,176
down €5,176 (-57.3%), from €9,025 to €3,849
of which Furniture and vehicles: -€4,259
- Receivables within one year -€2,416
down €2,416 (-2.1%), from €114,388 to €111,972
of which Other amounts receivable: -€7,135
- Other debts +€50,000
new in 2025: €50,000
- Accrued charges and deferred income -€30,281
no longer reported in 2025 (was €30,281)
- Tax, wage and social debts -€23,139
down €23,139 (-50.4%), from €45,939 to €22,800
- Profit (loss) carried forward +€18,399
up €18,399 (+45.4%), from €40,507 to €58,906
- Trade debts -€7,587
no longer reported in 2025 (was €7,587)
- Turnover +€104,206
up €104,206 (+43.6%), from €239,184 to €343,390
- Purchases and services +€72,838
up €72,838 (+43.1%), from €169,171 to €242,009
- Gross operating margin +€31,368
up €31,368 (+44.8%), from €70,013 to €101,382
- Taxes +€6,115
up €6,115 (+36.1%), from €16,933 to €23,049
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,313 | €152,705 | +€7,392 | +5.1% |
| Fixed assets | 21/28 | €9,025 | €3,849 | -€5,176 | -57.3% |
| Tangible fixed assets | 22/27 | €9,025 | €3,849 | -€5,176 | -57.3% |
| Plant, machinery and equipment | 23 | €943 | €26 | -€917 | -97.2% |
| Furniture and vehicles | 24 | €8,082 | €3,823 | -€4,259 | -52.7% |
| Current assets | 29/58 | €136,288 | €148,856 | +€12,568 | +9.2% |
| Amounts receivable within one year | 40/41 | €114,388 | €111,972 | -€2,416 | -2.1% |
| Trade receivables | 40 | €34,100 | €38,819 | +€4,719 | +13.8% |
| Other amounts receivable | 41 | €80,288 | €73,154 | -€7,135 | -8.9% |
| Current investments | 50/53 | €21,900 | €36,884 | +€14,983 | +68.4% |
| Total equity and liabilities | 10/49 | €145,313 | €152,705 | +€7,392 | +5.1% |
| Equity | 10/15 | €61,507 | €79,906 | +€18,399 | +29.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,507 | €58,906 | +€18,399 | +45.4% |
| Amounts payable | 17/49 | €83,807 | €72,800 | -€11,007 | -13.1% |
| Amounts payable within one year | 42/48 | €53,526 | €72,800 | +€19,274 | +36.0% |
| Trade debts | 44 | €7,587 | - | -€7,587 | |
| Suppliers | 440/4 | €7,587 | - | -€7,587 | |
| Taxes, remuneration and social security | 45 | €45,939 | €22,800 | -€23,139 | -50.4% |
| Taxes | 450/3 | €45,939 | €22,800 | -€23,139 | -50.4% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Accrued charges and deferred income | 492/3 | €30,281 | - | -€30,281 | |
| Turnover | 70 | €239,184 | €343,390 | +€104,206 | +43.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €169,171 | €242,009 | +€72,838 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,254 | €5,758 | +€1,504 | +35.4% |
| Other operating charges | 640/8 | €2,169 | €3,859 | +€1,690 | +77.9% |
| Gross operating margin | 9900 | €70,013 | €101,382 | +€31,368 | +44.8% |
| Operating profit (loss) | 9901 | €63,591 | €91,765 | +€28,174 | +44.3% |
| Financial charges | 65/66B | €134 | €317 | +€183 | +136% |
| Recurring financial charges | 65 | €134 | €317 | +€183 | +136% |
| Profit (loss) for the period before taxes | 9903 | €63,457 | €91,448 | +€27,991 | +44.1% |
| Income taxes | 67/77 | €16,933 | €23,049 | +€6,115 | +36.1% |
| Profit (loss) for the period | 9904 | €46,523 | €68,399 | +€21,876 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,523 | €68,399 | +€21,876 | +47.0% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.