SOULSHINE98: 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.
SOULSHINE98
Largest movements
- Cash -€73,778
down €73,778 (-75.7%), from €97,443 to €23,666
mainly Current investments (-€33,000) and Receivables within one year (-€26,763)
- Current investments +€33,000
up €33,000 (+57.9%), from €57,000 to €90,000
- Receivables within one year +€26,763
up €26,763 (+134%), from €19,984 to €46,747
of which Trade receivables: +€26,257
- Stocks and contracts -€10,191
down €10,191 (-78.0%), from €13,072 to €2,881
- Tangible fixed assets -€5,866
down €5,866 (-14.7%), from €39,818 to €33,952
of which Furniture and vehicles: -€8,036
- Tax, wage and social debts -€22,673
down €22,673 (-62.2%), from €36,433 to €13,761
- Reserves -€19,954
down €19,954 (-12.6%), from €157,808 to €137,854
- Trade debts +€9,919
up €9,919 (+61.1%), from €16,238 to €26,157
- Other debts +€2,636
up €2,636 (+38.6%), from €6,838 to €9,475
- Gross operating margin -€40,936
down €40,936, from €29,277 to -€11,659
- Taxes -€8,466
down €8,466 (-98.5%), from €8,594 to €128
- Depreciation +€7,041
up €7,041 (+328%), from €2,145 to €9,186
- Other operating charges -€1,214
down €1,214 (-63.6%), from €1,909 to €694
- Financial income -€827
down €827 (-28.1%), from €2,941 to €2,115
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,318 | €197,247 | -€30,071 | -13.2% |
| Fixed assets | 21/28 | €39,818 | €33,952 | -€5,866 | -14.7% |
| Tangible fixed assets | 22/27 | €39,818 | €33,952 | -€5,866 | -14.7% |
| Plant, machinery and equipment | 23 | €1,310 | €3,481 | +€2,171 | +166% |
| Furniture and vehicles | 24 | €38,508 | €30,471 | -€8,036 | -20.9% |
| Current assets | 29/58 | €187,500 | €163,294 | -€24,205 | -12.9% |
| Stocks and contracts in progress | 3 | €13,072 | €2,881 | -€10,191 | -78.0% |
| Stocks | 30/36 | €13,072 | €2,881 | -€10,191 | -78.0% |
| Amounts receivable within one year | 40/41 | €19,984 | €46,747 | +€26,763 | +134% |
| Trade receivables | 40 | €19,984 | €46,241 | +€26,257 | +131% |
| Other amounts receivable | 41 | - | €506 | +€506 | |
| Current investments | 50/53 | €57,000 | €90,000 | +€33,000 | +57.9% |
| Cash at bank and in hand | 54/58 | €97,443 | €23,666 | -€73,778 | -75.7% |
| Total equity and liabilities | 10/49 | €227,318 | €197,247 | -€30,071 | -13.2% |
| Equity | 10/15 | €167,808 | €147,854 | -€19,954 | -11.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €157,808 | €137,854 | -€19,954 | -12.6% |
| Distributable reserves | 133 | €157,808 | €137,854 | -€19,954 | -12.6% |
| Amounts payable | 17/49 | €59,510 | €49,393 | -€10,117 | -17.0% |
| Amounts payable within one year | 42/48 | €59,510 | €49,393 | -€10,117 | -17.0% |
| Trade debts | 44 | €16,238 | €26,157 | +€9,919 | +61.1% |
| Suppliers | 440/4 | €16,238 | €26,157 | +€9,919 | +61.1% |
| Taxes, remuneration and social security | 45 | €36,433 | €13,761 | -€22,673 | -62.2% |
| Taxes | 450/3 | €36,433 | €13,761 | -€22,673 | -62.2% |
| Other amounts payable | 47/48 | €6,838 | €9,475 | +€2,636 | +38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,145 | €9,186 | +€7,041 | +328% |
| Other operating charges | 640/8 | €1,909 | €694 | -€1,214 | -63.6% |
| Non-recurring operating charges | 66A | €8,332 | €0 | -€8,332 | -100% |
| Gross operating margin | 9900 | €29,277 | -€11,659 | -€40,936 | |
| Operating profit (loss) | 9901 | €16,891 | -€21,540 | -€38,431 | |
| Financial income | 75/76B | €2,941 | €2,115 | -€827 | -28.1% |
| Recurring financial income | 75 | €2,941 | €2,115 | -€827 | -28.1% |
| Financial charges | 65/66B | €287 | €400 | +€113 | +39.6% |
| Recurring financial charges | 65 | €287 | €400 | +€113 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €19,545 | -€19,826 | -€39,371 | |
| Income taxes | 67/77 | €8,594 | €128 | -€8,466 | -98.5% |
| Profit (loss) for the period | 9904 | €10,951 | -€19,954 | -€30,905 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,951 | -€19,954 | -€30,905 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.