SOUL: 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.
SOUL
Largest movements
- Receivables within one year +€239,951
up €239,951 (+751.5%), from €31,929 to €271,879
of which Trade receivables: +€235,493
- Cash +€63,500
up €63,500 (+97.9%), from €64,845 to €128,345
mainly Trade debts (+€169,453) and Net result for the year (+€58,733)
- Deferred charges and accrued income -€8,246
down €8,246 (-92.2%), from €8,943 to €697
- Trade debts +€169,453
up €169,453 (+502.0%), from €33,758 to €203,211
- Profit (loss) carried forward +€58,733
up €58,733 (+103.4%), from €56,808 to €115,542
- Advances received +€45,765
new in 2025: €45,765
- Tax, wage and social debts +€17,064
new in 2025: €17,064
- Accrued charges and deferred income +€4,253
up €4,253 (+2835.6%), from €150 to €4,403
- Gross operating margin +€5,728
up €5,728 (+7.1%), from €80,185 to €85,913
- Other operating charges +€4,946
up €4,946 (+86.7%), from €5,708 to €10,654
- Taxes -€1,867
down €1,867 (-10.5%), from €17,717 to €15,850
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 | €105,717 | €403,984 | +€298,267 | +282.1% |
| Fixed assets | 21/28 | - | €3,062 | +€3,062 | |
| Tangible fixed assets | 22/27 | - | €3,062 | +€3,062 | |
| Furniture and vehicles | 24 | - | €3,062 | +€3,062 | |
| Current assets | 29/58 | €105,717 | €400,921 | +€295,205 | +279.2% |
| Amounts receivable within one year | 40/41 | €31,929 | €271,879 | +€239,951 | +751.5% |
| Trade receivables | 40 | €8,174 | €243,667 | +€235,493 | +2881.1% |
| Other amounts receivable | 41 | €23,755 | €28,213 | +€4,458 | +18.8% |
| Cash at bank and in hand | 54/58 | €64,845 | €128,345 | +€63,500 | +97.9% |
| Deferred charges and accrued income | 490/1 | €8,943 | €697 | -€8,246 | -92.2% |
| Total equity and liabilities | 10/49 | €105,717 | €403,984 | +€298,267 | +282.1% |
| Equity | 10/15 | €71,808 | €130,542 | +€58,733 | +81.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,808 | €115,542 | +€58,733 | +103.4% |
| Amounts payable | 17/49 | €33,908 | €273,442 | +€239,534 | +706.4% |
| Amounts payable within one year | 42/48 | €33,758 | €269,038 | +€235,280 | +697.0% |
| Financial debts | 43 | - | €2,997 | +€2,997 | |
| Credit institutions | 430/8 | - | €2,997 | +€2,997 | |
| Trade debts | 44 | €33,758 | €203,211 | +€169,453 | +502.0% |
| Suppliers | 440/4 | €33,758 | €203,211 | +€169,453 | +502.0% |
| Advances received on contracts in progress | 46 | - | €45,765 | +€45,765 | |
| Taxes, remuneration and social security | 45 | - | €17,064 | +€17,064 | |
| Taxes | 450/3 | - | €17,064 | +€17,064 | |
| Accrued charges and deferred income | 492/3 | €150 | €4,403 | +€4,253 | +2835.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €228 | +€228 | |
| Other operating charges | 640/8 | €5,708 | €10,654 | +€4,946 | +86.7% |
| Gross operating margin | 9900 | €80,185 | €85,913 | +€5,728 | +7.1% |
| Operating profit (loss) | 9901 | €74,478 | €75,030 | +€553 | +0.7% |
| Financial income | 75/76B | €236 | €8 | -€228 | -96.6% |
| Recurring financial income | 75 | €236 | €8 | -€228 | -96.6% |
| Financial charges | 65/66B | €187 | €455 | +€267 | +142.6% |
| Recurring financial charges | 65 | €187 | €455 | +€267 | +142.6% |
| Profit (loss) for the period before taxes | 9903 | €74,526 | €74,584 | +€58 | +0.1% |
| Income taxes | 67/77 | €17,717 | €15,850 | -€1,867 | -10.5% |
| Profit (loss) for the period | 9904 | €56,808 | €58,733 | +€1,925 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,808 | €58,733 | +€1,925 | +3.4% |
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 2 October 2026 via checked.be.