SORON: 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.
SORON
Largest movements
- Tangible fixed assets -€7,451
down €7,451 (-26.5%), from €28,134 to €20,683
of which Furniture and vehicles: -€6,740
- Receivables within one year -€3,806
down €3,806 (-52.5%), from €7,250 to €3,444
of which Other amounts receivable: -€6,368
- Reserves -€18,503
down €18,503 (-16.8%), from €110,280 to €91,776
of which Distributable reserves: -€18,503
- Other debts +€10,614
up €10,614 (+25.1%), from €42,219 to €52,833
- Profit (loss) carried forward -€3,889
down €3,889 (-21.8%), from -€17,801 to -€21,690
- Accrued charges and deferred income -€1,998
no longer reported in 2025 (was €1,998)
- Gross operating margin -€9,657
down €9,657 (-127%), from -€7,587 to -€17,244
- Depreciation -€3,499
down €3,499 (-32.0%), from €10,950 to €7,451
- Taxes -€996
down €996 (-80.6%), from €1,236 to €239
- Financial income +€762
up €762 (+29.0%), from €2,631 to €3,393
- Financial charges +€174
up €174 (+167%), from €104 to €279
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 | €144,081 | €131,990 | -€12,091 | -8.4% |
| Fixed assets | 21/28 | €28,134 | €20,683 | -€7,451 | -26.5% |
| Tangible fixed assets | 22/27 | €28,134 | €20,683 | -€7,451 | -26.5% |
| Plant, machinery and equipment | 23 | €1,059 | €580 | -€479 | -45.2% |
| Furniture and vehicles | 24 | €26,146 | €19,406 | -€6,740 | -25.8% |
| Other tangible fixed assets | 26 | €929 | €696 | -€232 | -25.0% |
| Current assets | 29/58 | €115,948 | €111,307 | -€4,640 | -4.0% |
| Amounts receivable within one year | 40/41 | €7,250 | €3,444 | -€3,806 | -52.5% |
| Trade receivables | 40 | €197 | €2,759 | +€2,562 | +1,302% |
| Other amounts receivable | 41 | €7,053 | €686 | -€6,368 | -90.3% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,698 | €7,863 | -€834 | -9.6% |
| Total equity and liabilities | 10/49 | €144,081 | €131,990 | -€12,091 | -8.4% |
| Equity | 10/15 | €98,678 | €76,286 | -€22,392 | -22.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €110,280 | €91,776 | -€18,503 | -16.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €108,420 | €89,916 | -€18,503 | -17.1% |
| Profit (loss) carried forward | 14 | -€17,801 | -€21,690 | -€3,889 | -21.8% |
| Amounts payable | 17/49 | €45,403 | €55,704 | +€10,301 | +22.7% |
| Amounts payable within one year | 42/48 | €43,405 | €55,704 | +€12,299 | +28.3% |
| Trade debts | 44 | €941 | €2,294 | +€1,353 | +144% |
| Suppliers | 440/4 | €941 | €2,294 | +€1,353 | +144% |
| Taxes, remuneration and social security | 45 | €245 | €577 | +€332 | +136% |
| Taxes | 450/3 | €245 | €577 | +€332 | +136% |
| Other amounts payable | 47/48 | €42,219 | €52,833 | +€10,614 | +25.1% |
| Accrued charges and deferred income | 492/3 | €1,998 | - | -€1,998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,950 | €7,451 | -€3,499 | -32.0% |
| Other operating charges | 640/8 | €556 | €573 | +€17 | +3.1% |
| Gross operating margin | 9900 | -€7,587 | -€17,244 | -€9,657 | -127% |
| Operating profit (loss) | 9901 | -€19,092 | -€25,267 | -€6,175 | -32.3% |
| Financial income | 75/76B | €2,631 | €3,393 | +€762 | +29.0% |
| Recurring financial income | 75 | €2,631 | €3,393 | +€762 | +29.0% |
| Financial charges | 65/66B | €104 | €279 | +€174 | +167% |
| Recurring financial charges | 65 | €104 | €279 | +€174 | +167% |
| Profit (loss) for the period before taxes | 9903 | -€16,566 | -€22,153 | -€5,587 | -33.7% |
| Income taxes | 67/77 | €1,236 | €239 | -€996 | -80.6% |
| Profit (loss) for the period | 9904 | -€17,801 | -€22,392 | -€4,591 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,801 | -€22,392 | -€4,591 | -25.8% |
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 15 October 2026 via checked.be.