Soul Cycles: 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 Cycles
Largest movements
- Receivables within one year -€58,932
down €58,932 (-80.5%), from €73,204 to €14,272
of which Trade receivables: -€58,932
- Cash +€36,224
up €36,224 (+59.3%), from €61,040 to €97,264
mainly Other debts (+€76,319) and Receivables within one year (+€58,932)
- Stocks and contracts +€29,853
up €29,853 (+46.6%), from €64,019 to €93,872
- Tangible fixed assets -€16,124
down €16,124 (-10.1%), from €160,433 to €144,309
of which Land and buildings: -€13,977
- Intangible fixed assets -€4,500
down €4,500 (-18.2%), from €24,750 to €20,250
- Trade debts -€84,128
down €84,128 (-56.3%), from €149,551 to €65,423
- Other debts +€76,319
up €76,319 (+57.1%), from €133,551 to €209,870
- Debts after one year -€6,398
down €6,398 (-9.7%), from €65,886 to €59,488
- Gross operating margin -€5,435
down €5,435 (-15.8%), from €34,424 to €28,989
- Taxes +€2,664
up €2,664 (+614%), from €434 to €3,098
- Other operating charges -€1,216
down €1,216 (-27.5%), from €4,430 to €3,214
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 | €383,446 | €369,967 | -€13,479 | -3.5% |
| Fixed assets | 21/28 | €185,183 | €164,559 | -€20,624 | -11.1% |
| Intangible fixed assets | 21 | €24,750 | €20,250 | -€4,500 | -18.2% |
| Tangible fixed assets | 22/27 | €160,433 | €144,309 | -€16,124 | -10.1% |
| Land and buildings | 22 | €156,476 | €142,499 | -€13,977 | -8.9% |
| Plant, machinery and equipment | 23 | €2,552 | €1,811 | -€741 | -29.1% |
| Furniture and vehicles | 24 | €330 | - | -€330 | |
| Other tangible fixed assets | 26 | €1,075 | - | -€1,075 | |
| Current assets | 29/58 | €198,263 | €205,408 | +€7,145 | +3.6% |
| Stocks and contracts in progress | 3 | €64,019 | €93,872 | +€29,853 | +46.6% |
| Stocks | 30/36 | €64,019 | €93,872 | +€29,853 | +46.6% |
| Amounts receivable within one year | 40/41 | €73,204 | €14,272 | -€58,932 | -80.5% |
| Trade receivables | 40 | €72,501 | €13,569 | -€58,932 | -81.3% |
| Other amounts receivable | 41 | €703 | €704 | +€1 | +0.1% |
| Cash at bank and in hand | 54/58 | €61,040 | €97,264 | +€36,224 | +59.3% |
| Total equity and liabilities | 10/49 | €383,446 | €369,967 | -€13,479 | -3.5% |
| Equity | 10/15 | €14,050 | €15,017 | +€967 | +6.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,550 | €12,517 | +€967 | +8.4% |
| Amounts payable | 17/49 | €369,396 | €354,950 | -€14,446 | -3.9% |
| Amounts payable after more than one year | 17 | €65,886 | €59,488 | -€6,398 | -9.7% |
| Financial debts | 170/4 | €65,886 | €59,488 | -€6,398 | -9.7% |
| Amounts payable within one year | 42/48 | €303,510 | €295,462 | -€8,048 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €6,307 | €6,399 | +€92 | +1.5% |
| Trade debts | 44 | €149,551 | €65,423 | -€84,128 | -56.3% |
| Suppliers | 440/4 | €149,551 | €65,423 | -€84,128 | -56.3% |
| Advances received on contracts in progress | 46 | €11,000 | €11,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,101 | €2,770 | -€331 | -10.7% |
| Taxes | 450/3 | €3,101 | €2,770 | -€331 | -10.7% |
| Other amounts payable | 47/48 | €133,551 | €209,870 | +€76,319 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,954 | €20,624 | -€330 | -1.6% |
| Other operating charges | 640/8 | €4,430 | €3,214 | -€1,216 | -27.5% |
| Gross operating margin | 9900 | €34,424 | €28,989 | -€5,435 | -15.8% |
| Operating profit (loss) | 9901 | €9,040 | €5,152 | -€3,888 | -43.0% |
| Financial income | 75/76B | €26 | €8 | -€18 | -68.0% |
| Recurring financial income | 75 | €26 | €8 | -€18 | -68.0% |
| Financial charges | 65/66B | €1,171 | €1,094 | -€77 | -6.5% |
| Recurring financial charges | 65 | €1,171 | €1,094 | -€77 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €7,895 | €4,066 | -€3,829 | -48.5% |
| Income taxes | 67/77 | €434 | €3,098 | +€2,664 | +614% |
| Profit (loss) for the period | 9904 | €7,461 | €967 | -€6,494 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,461 | €967 | -€6,494 | -87.0% |
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 19 October 2026 via checked.be.