SOXAR: 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.
SOXAR
Largest movements
- Cash -€4,811
down €4,811 (-45.6%), from €10,543 to €5,732
mainly Net result for the year (-€10,304) and Trade debts (-€2,727)
- Receivables within one year +€2,633
new in 2025: €2,633
- Stocks and contracts +€1,250
up €1,250 (+46.3%), from €2,700 to €3,950
- Tangible fixed assets -€230
down €230 (-45.5%), from €505 to €275
of which Furniture and vehicles: -€117
- Other debts +€10,704
up €10,704 (+131%), from €8,163 to €18,866
- Profit (loss) carried forward -€10,304
down €10,304 (-34.0%), from -€30,262 to -€40,566
- Trade debts -€2,727
down €2,727 (-26.3%), from €10,371 to €7,644
- Tax, wage and social debts +€1,274
up €1,274 (+9.0%), from €14,158 to €15,432
of which Remuneration and social security: +€1,840
- Gross operating margin -€15,212
down €15,212 (-17.4%), from €87,623 to €72,410
- Staff costs +€919
up €919 (+1.2%), from €78,558 to €79,477
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 | €21,029 | €19,975 | -€1,053 | -5.0% |
| Fixed assets | 21/28 | €6,505 | €6,275 | -€230 | -3.5% |
| Tangible fixed assets | 22/27 | €505 | €275 | -€230 | -45.5% |
| Plant, machinery and equipment | 23 | €113 | €0 | -€113 | -100.0% |
| Furniture and vehicles | 24 | €393 | €275 | -€117 | -29.8% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €14,523 | €13,700 | -€823 | -5.7% |
| Stocks and contracts in progress | 3 | €2,700 | €3,950 | +€1,250 | +46.3% |
| Stocks | 30/36 | €2,700 | €3,950 | +€1,250 | +46.3% |
| Amounts receivable within one year | 40/41 | - | €2,633 | +€2,633 | |
| Trade receivables | 40 | - | €2,633 | +€2,633 | |
| Cash at bank and in hand | 54/58 | €10,543 | €5,732 | -€4,811 | -45.6% |
| Deferred charges and accrued income | 490/1 | €1,280 | €1,386 | +€106 | +8.2% |
| Total equity and liabilities | 10/49 | €21,029 | €19,975 | -€1,053 | -5.0% |
| Equity | 10/15 | -€11,662 | -€21,966 | -€10,304 | -88.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,262 | -€40,566 | -€10,304 | -34.0% |
| Amounts payable | 17/49 | €32,691 | €41,942 | +€9,251 | +28.3% |
| Amounts payable within one year | 42/48 | €32,691 | €41,942 | +€9,251 | +28.3% |
| Trade debts | 44 | €10,371 | €7,644 | -€2,727 | -26.3% |
| Suppliers | 440/4 | €10,371 | €7,644 | -€2,727 | -26.3% |
| Taxes, remuneration and social security | 45 | €14,158 | €15,432 | +€1,274 | +9.0% |
| Taxes | 450/3 | €6,326 | €5,761 | -€565 | -8.9% |
| Remuneration and social security | 454/9 | €7,831 | €9,671 | +€1,840 | +23.5% |
| Other amounts payable | 47/48 | €8,163 | €18,866 | +€10,704 | +131% |
| Remuneration, social security and pensions | 62 | €78,558 | €79,477 | +€919 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €381 | €230 | -€152 | -39.7% |
| Other operating charges | 640/8 | €637 | €513 | -€125 | -19.6% |
| Gross operating margin | 9900 | €87,623 | €72,410 | -€15,212 | -17.4% |
| Operating profit (loss) | 9901 | €8,046 | -€7,809 | -€15,855 | |
| Financial income | 75/76B | €0 | €131 | +€130 | +81,519% |
| Recurring financial income | 75 | €0 | €131 | +€130 | +81,519% |
| Financial charges | 65/66B | €2,541 | €2,356 | -€186 | -7.3% |
| Recurring financial charges | 65 | €2,541 | €2,356 | -€186 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €5,505 | -€10,034 | -€15,539 | |
| Income taxes | 67/77 | €323 | €270 | -€54 | -16.6% |
| Profit (loss) for the period | 9904 | €5,181 | -€10,304 | -€15,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,181 | -€10,304 | -€15,485 |
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 14 October 2026 via checked.be.