SOUBAR: 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.
SOUBAR
Largest movements
- Tangible fixed assets -€11,857
down €11,857 (-25.0%), from €47,430 to €35,572
- Receivables within one year -€2,183
no longer reported in 2025 (was €2,183)
of which Trade receivables: -€2,045
- Cash +€1,019
up €1,019 (+36.9%), from €2,761 to €3,780
mainly Depreciation (+€11,857) and Current portion of long-term debt (+€10,744)
- Debts after one year -€24,102
down €24,102 (-56.8%), from €42,442 to €18,340
- Current portion of long-term debt +€10,744
new in 2025: €10,744
- Other debts +€613
up €613 (+11.3%), from €5,413 to €6,026
- Trade debts -€566
down €566 (-69.4%), from €816 to €250
- Turnover +€4,243
up €4,243 (+10.0%), from €42,585 to €46,828
- Purchases and services +€2,445
up €2,445 (+8.6%), from €28,406 to €30,851
- Financial charges +€1,884
up €1,884 (+1169.2%), from €161 to €2,045
- Gross operating margin +€1,720
up €1,720 (+12.1%), from €14,257 to €15,977
- Other operating charges +€1,135
up €1,135 (+373.5%), from €304 to €1,439
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 | €52,851 | €39,829 | -€13,022 | -24.6% |
| Fixed assets | 21/28 | €47,906 | €36,048 | -€11,857 | -24.8% |
| Tangible fixed assets | 22/27 | €47,430 | €35,572 | -€11,857 | -25.0% |
| Furniture and vehicles | 24 | €47,430 | €35,572 | -€11,857 | -25.0% |
| Financial fixed assets | 28 | €476 | €476 | = | 0.0% |
| Current assets | 29/58 | €4,945 | €3,780 | -€1,165 | -23.6% |
| Amounts receivable within one year | 40/41 | €2,183 | - | -€2,183 | |
| Trade receivables | 40 | €2,045 | - | -€2,045 | |
| Other amounts receivable | 41 | €138 | - | -€138 | |
| Cash at bank and in hand | 54/58 | €2,761 | €3,780 | +€1,019 | +36.9% |
| Total equity and liabilities | 10/49 | €52,851 | €39,829 | -€13,022 | -24.6% |
| Equity | 10/15 | €4,180 | €4,327 | +€147 | +3.5% |
| Contributions | 10/11 | €437 | €437 | = | 0.0% |
| Reserves | 13 | €51 | €51 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51 | €51 | = | 0.0% |
| Reserves not available under the articles | 1311 | €51 | €51 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,692 | €3,839 | +€147 | +4.0% |
| Amounts payable | 17/49 | €48,671 | €35,502 | -€13,169 | -27.1% |
| Amounts payable after more than one year | 17 | €42,442 | €18,340 | -€24,102 | -56.8% |
| Financial debts | 170/4 | €42,442 | €18,340 | -€24,102 | -56.8% |
| Amounts payable within one year | 42/48 | €6,229 | €17,162 | +€10,933 | +175.5% |
| Current portion of amounts payable after more than one year | 42 | - | €10,744 | +€10,744 | |
| Trade debts | 44 | €816 | €250 | -€566 | -69.4% |
| Suppliers | 440/4 | €816 | €250 | -€566 | -69.4% |
| Taxes, remuneration and social security | 45 | - | €142 | +€142 | |
| Taxes | 450/3 | - | €142 | +€142 | |
| Other amounts payable | 47/48 | €5,413 | €6,026 | +€613 | +11.3% |
| Turnover | 70 | €42,585 | €46,828 | +€4,243 | +10.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €28,406 | €30,851 | +€2,445 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,857 | €11,857 | = | 0.0% |
| Other operating charges | 640/8 | €304 | €1,439 | +€1,135 | +373.5% |
| Gross operating margin | 9900 | €14,257 | €15,977 | +€1,720 | +12.1% |
| Operating profit (loss) | 9901 | €2,096 | €2,681 | +€585 | +27.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €161 | €2,045 | +€1,884 | +1169.2% |
| Recurring financial charges | 65 | €161 | €2,045 | +€1,884 | +1169.2% |
| Profit (loss) for the period before taxes | 9903 | €1,935 | €635 | -€1,299 | -67.2% |
| Income taxes | 67/77 | €906 | €488 | -€418 | -46.1% |
| Profit (loss) for the period | 9904 | €1,029 | €147 | -€882 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,029 | €147 | -€882 | -85.7% |
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 8 October 2026 via checked.be.