SOUTERLIED: 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.
SOUTERLIED
Largest movements
- Tangible fixed assets -€7,747
down €7,747 (-5.4%), from €142,661 to €134,914
of which Land and buildings: -€7,088
- Cash +€5,752
up €5,752 (+4,526%), from €127 to €5,879
mainly Net result for the year (+€12,002) and Depreciation (+€7,747)
- Other debts -€16,948
down €16,948 (-48.2%), from €35,171 to €18,223
- Reserves +€12,002
up €12,002 (+31.7%), from €37,839 to €49,841
- Tax, wage and social debts +€2,322
up €2,322 (+108%), from €2,153 to €4,476
- Gross operating margin +€5,102
up €5,102 (+15.5%), from €32,923 to €38,025
- Depreciation -€2,242
down €2,242 (-22.4%), from €9,988 to €7,747
- Taxes +€1,254
up €1,254 (+25.5%), from €4,920 to €6,174
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 | €144,292 | €142,007 | -€2,285 | -1.6% |
| Fixed assets | 21/28 | €142,661 | €134,914 | -€7,747 | -5.4% |
| Tangible fixed assets | 22/27 | €142,661 | €134,914 | -€7,747 | -5.4% |
| Land and buildings | 22 | €141,602 | €134,514 | -€7,088 | -5.0% |
| Furniture and vehicles | 24 | €1,058 | €400 | -€659 | -62.2% |
| Current assets | 29/58 | €1,631 | €7,093 | +€5,461 | +335% |
| Amounts receivable within one year | 40/41 | €1,504 | €1,214 | -€291 | -19.3% |
| Other amounts receivable | 41 | €1,504 | €1,214 | -€291 | -19.3% |
| Cash at bank and in hand | 54/58 | €127 | €5,879 | +€5,752 | +4,526% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €144,292 | €142,007 | -€2,285 | -1.6% |
| Equity | 10/15 | €75,839 | €87,841 | +€12,002 | +15.8% |
| Contributions | 10/11 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €37,839 | €49,841 | +€12,002 | +31.7% |
| Distributable reserves | 133 | €37,839 | €49,841 | +€12,002 | +31.7% |
| Amounts payable | 17/49 | €68,453 | €54,165 | -€14,288 | -20.9% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,250 | €24,109 | -€14,142 | -37.0% |
| Trade debts | 44 | €926 | €1,409 | +€483 | +52.2% |
| Suppliers | 440/4 | €926 | €1,409 | +€483 | +52.2% |
| Taxes, remuneration and social security | 45 | €2,153 | €4,476 | +€2,322 | +108% |
| Taxes | 450/3 | €2,153 | €4,476 | +€2,322 | +108% |
| Other amounts payable | 47/48 | €35,171 | €18,223 | -€16,948 | -48.2% |
| Accrued charges and deferred income | 492/3 | €203 | €57 | -€146 | -72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,988 | €7,747 | -€2,242 | -22.4% |
| Other operating charges | 640/8 | €10,205 | €10,377 | +€171 | +1.7% |
| Gross operating margin | 9900 | €32,923 | €38,025 | +€5,102 | +15.5% |
| Operating profit (loss) | 9901 | €12,729 | €19,902 | +€7,173 | +56.3% |
| Financial charges | 65/66B | €1,695 | €1,725 | +€30 | +1.8% |
| Recurring financial charges | 65 | €1,695 | €1,725 | +€30 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €11,034 | €18,177 | +€7,143 | +64.7% |
| Income taxes | 67/77 | €4,920 | €6,174 | +€1,254 | +25.5% |
| Profit (loss) for the period | 9904 | €6,114 | €12,002 | +€5,888 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,114 | €12,002 | +€5,888 | +96.3% |
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 13 October 2026 via checked.be.