SOUL BUILD: 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.
SOUL BUILD
Largest movements
- Cash -€5,910
down €5,910 (-44.1%), from €13,404 to €7,494
mainly Net result for the year (-€7,320) and Other debts (-€1,270)
- Tangible fixed assets -€1,593
down €1,593 (-32.4%), from €4,919 to €3,327
of which Furniture and vehicles: -€1,961
- Receivables within one year -€1,323
no longer reported in 2025 (was €1,323)
- Reserves -€7,320
down €7,320 (-42.9%), from €17,070 to €9,750
- Other debts -€1,270
down €1,270 (-59.7%), from €2,127 to €857
- Gross operating margin -€16,312
down €16,312, from €11,902 to -€4,410
- Taxes -€2,041
no longer reported in 2025 (was €2,041)
- Other operating charges -€134
down €134 (-13.6%), from €989 to €855
- Depreciation +€121
up €121 (+6.9%), from €1,745 to €1,866
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 | €29,081 | €20,292 | -€8,789 | -30.2% |
| Fixed assets | 21/28 | €11,524 | €9,932 | -€1,593 | -13.8% |
| Tangible fixed assets | 22/27 | €4,919 | €3,327 | -€1,593 | -32.4% |
| Plant, machinery and equipment | 23 | - | €368 | +€368 | |
| Furniture and vehicles | 24 | €4,919 | €2,958 | -€1,961 | -39.9% |
| Financial fixed assets | 28 | €6,605 | €6,605 | = | 0.0% |
| Current assets | 29/58 | €17,556 | €10,360 | -€7,197 | -41.0% |
| Amounts receivable within one year | 40/41 | €1,323 | - | -€1,323 | |
| Other amounts receivable | 41 | €1,323 | - | -€1,323 | |
| Cash at bank and in hand | 54/58 | €13,404 | €7,494 | -€5,910 | -44.1% |
| Deferred charges and accrued income | 490/1 | €2,830 | €2,866 | +€36 | +1.3% |
| Total equity and liabilities | 10/49 | €29,081 | €20,292 | -€8,789 | -30.2% |
| Equity | 10/15 | €23,270 | €15,950 | -€7,320 | -31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,070 | €9,750 | -€7,320 | -42.9% |
| Distributable reserves | 133 | €17,070 | €9,750 | -€7,320 | -42.9% |
| Amounts payable | 17/49 | €5,811 | €4,342 | -€1,469 | -25.3% |
| Amounts payable within one year | 42/48 | €5,811 | €4,342 | -€1,469 | -25.3% |
| Trade debts | 44 | €1,643 | €1,415 | -€228 | -13.9% |
| Suppliers | 440/4 | €1,643 | €1,415 | -€228 | -13.9% |
| Taxes, remuneration and social security | 45 | €2,041 | €2,069 | +€28 | +1.4% |
| Taxes | 450/3 | €2,041 | €2,069 | +€28 | +1.4% |
| Other amounts payable | 47/48 | €2,127 | €857 | -€1,270 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,745 | €1,866 | +€121 | +6.9% |
| Other operating charges | 640/8 | €989 | €855 | -€134 | -13.6% |
| Gross operating margin | 9900 | €11,902 | -€4,410 | -€16,312 | |
| Operating profit (loss) | 9901 | €9,168 | -€7,131 | -€16,299 | |
| Financial income | 75/76B | €0 | €99 | +€99 | +990,000% |
| Recurring financial income | 75 | €0 | €99 | +€99 | +990,000% |
| Financial charges | 65/66B | €175 | €288 | +€113 | +64.4% |
| Recurring financial charges | 65 | €175 | €288 | +€113 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €8,993 | -€7,320 | -€16,313 | |
| Income taxes | 67/77 | €2,041 | - | -€2,041 | |
| Profit (loss) for the period | 9904 | €6,952 | -€7,320 | -€14,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,952 | -€7,320 | -€14,272 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.