SOULBRICKS: 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.
SOULBRICKS
Largest movements
- Receivables within one year +€904,131
up €904,131 (+323%), from €280,308 to €1.2m
- Current investments +€550,000
up €550,000 (+1,100%), from €50,000 to €600,000
- Cash +€99,893
up €99,893 (+237%), from €42,134 to €142,027
mainly Advances received (+€1.2m) and Net result for the year (+€207,190)
- Advances received +€1.2m
up €1.2m (+4,929%), from €23,693 to €1.2m
- Reserves +€157,190
up €157,190 (+86.4%), from €181,899 to €339,089
- Trade debts +€132,930
up €132,930 (+208%), from €63,894 to €196,824
- Tax, wage and social debts +€105,313
up €105,313 (+267%), from €39,380 to €144,693
of which Taxes: +€93,045
- Gross operating margin +€106,126
up €106,126 (+32.3%), from €329,028 to €435,154
- Staff costs +€40,948
up €40,948 (+32.9%), from €124,377 to €165,325
- Taxes +€15,459
up €15,459 (+37.7%), from €41,007 to €56,466
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 | €402,639 | €1,965,984 | +€1.6m | +388% |
| Fixed assets | 21/28 | €24,259 | €31,957 | +€7,698 | +31.7% |
| Intangible fixed assets | 21 | - | €1,499 | +€1,499 | |
| Tangible fixed assets | 22/27 | €24,074 | €30,273 | +€6,199 | +25.8% |
| Plant, machinery and equipment | 23 | - | €11,384 | +€11,384 | |
| Furniture and vehicles | 24 | €10,349 | €2,897 | -€7,452 | -72.0% |
| Other tangible fixed assets | 26 | €13,725 | €15,992 | +€2,267 | +16.5% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €378,380 | €1,934,027 | +€1.6m | +411% |
| Amounts receivable within one year | 40/41 | €280,308 | €1,184,439 | +€904,131 | +323% |
| Trade receivables | 40 | €280,308 | €1,184,439 | +€904,131 | +323% |
| Current investments | 50/53 | €50,000 | €600,000 | +€550,000 | +1,100% |
| Cash at bank and in hand | 54/58 | €42,134 | €142,027 | +€99,893 | +237% |
| Deferred charges and accrued income | 490/1 | €5,938 | €7,562 | +€1,624 | +27.3% |
| Total equity and liabilities | 10/49 | €402,639 | €1,965,984 | +€1.6m | +388% |
| Equity | 10/15 | €225,648 | €382,838 | +€157,190 | +69.7% |
| Contributions | 10/11 | €43,749 | €43,749 | = | 0.0% |
| Reserves | 13 | €181,899 | €339,089 | +€157,190 | +86.4% |
| Distributable reserves | 133 | €181,899 | €339,089 | +€157,190 | +86.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €176,991 | €1,583,146 | +€1.4m | +794% |
| Amounts payable within one year | 42/48 | €176,967 | €1,583,051 | +€1.4m | +795% |
| Trade debts | 44 | €63,894 | €196,824 | +€132,930 | +208% |
| Suppliers | 440/4 | €63,894 | €196,824 | +€132,930 | +208% |
| Advances received on contracts in progress | 46 | €23,693 | €1,191,535 | +€1.2m | +4,929% |
| Taxes, remuneration and social security | 45 | €39,380 | €144,693 | +€105,313 | +267% |
| Taxes | 450/3 | €31,234 | €124,279 | +€93,045 | +298% |
| Remuneration and social security | 454/9 | €8,146 | €20,414 | +€12,268 | +151% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €24 | €95 | +€71 | +295% |
| Remuneration, social security and pensions | 62 | €124,377 | €165,325 | +€40,948 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,108 | €10,805 | +€2,697 | +33.3% |
| Other operating charges | 640/8 | €1,219 | €1,453 | +€234 | +19.2% |
| Gross operating margin | 9900 | €329,028 | €435,154 | +€106,126 | +32.3% |
| Operating profit (loss) | 9901 | €195,324 | €257,571 | +€62,247 | +31.9% |
| Financial income | 75/76B | €3,174 | €6,646 | +€3,472 | +109% |
| Recurring financial income | 75 | €3,174 | €6,646 | +€3,472 | +109% |
| Financial charges | 65/66B | €1,170 | €561 | -€609 | -52.1% |
| Recurring financial charges | 65 | €1,170 | €561 | -€609 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | €197,328 | €263,656 | +€66,328 | +33.6% |
| Income taxes | 67/77 | €41,007 | €56,466 | +€15,459 | +37.7% |
| Profit (loss) for the period | 9904 | €156,321 | €207,190 | +€50,869 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €156,321 | €207,190 | +€50,869 | +32.5% |
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 16 October 2026 via checked.be.