SOXY SERVICES: what changed
Two fiscal 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.
SOXY SERVICES
Largest movements
- Tangible fixed assets +€224,236
up €224,236 (+166.6%), from €134,628 to €358,864
of which Land and buildings: +€177,201
- Receivables within one year -€60,563
down €60,563 (-22.5%), from €268,608 to €208,045
of which Trade receivables: -€60,563
- Stocks and contracts +€23,261
up €23,261 (+43.5%), from €53,419 to €76,680
- Cash +€12,494
up €12,494 (+70.2%), from €17,798 to €30,293
mainly Other debts (+€102,966) and Debts after one year (+€96,137)
- Other debts +€102,966
up €102,966 (+289.2%), from €35,598 to €138,565
- Debts after one year +€96,137
up €96,137 (+201.7%), from €47,669 to €143,805
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Trade debts +€33,215
up €33,215 (+19.3%), from €172,440 to €205,655
- Current portion of long-term debt +€21,946
up €21,946 (+79.9%), from €27,477 to €49,424
- Other operating charges +€14,441
up €14,441 (+122.4%), from €11,802 to €26,242
- Gross operating margin -€10,314
down €10,314 (-4.5%), from €231,018 to €220,704
- Taxes -€10,225
down €10,225 (-92.6%), from €11,046 to €821
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.
Cash bridge derived
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 | €483,685 | €685,552 | +€201,867 | +41.7% |
| Fixed assets | 21/28 | €134,823 | €359,059 | +€224,236 | +166.3% |
| Tangible fixed assets | 22/27 | €134,628 | €358,864 | +€224,236 | +166.6% |
| Land and buildings | 22 | €40,045 | €217,247 | +€177,201 | +442.5% |
| Plant, machinery and equipment | 23 | €10,598 | €10,243 | -€356 | -3.4% |
| Furniture and vehicles | 24 | €8,652 | €5,926 | -€2,726 | -31.5% |
| Leasing and similar rights | 25 | €75,332 | €125,448 | +€50,116 | +66.5% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €348,862 | €326,493 | -€22,369 | -6.4% |
| Stocks and contracts in progress | 3 | €53,419 | €76,680 | +€23,261 | +43.5% |
| Stocks | 30/36 | €53,419 | €76,680 | +€23,261 | +43.5% |
| Amounts receivable within one year | 40/41 | €268,608 | €208,045 | -€60,563 | -22.5% |
| Trade receivables | 40 | €267,835 | €207,272 | -€60,563 | -22.6% |
| Other amounts receivable | 41 | €773 | €773 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,798 | €30,293 | +€12,494 | +70.2% |
| Deferred charges and accrued income | 490/1 | €9,037 | €11,475 | +€2,438 | +27.0% |
| Total equity and liabilities | 10/49 | €483,685 | €685,552 | +€201,867 | +41.7% |
| Equity | 10/15 | €119,207 | €104,061 | -€15,145 | -12.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €188,806 | €188,806 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €182,606 | €182,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,600 | -€146,745 | -€15,145 | -11.5% |
| Amounts payable | 17/49 | €364,479 | €581,491 | +€217,012 | +59.5% |
| Amounts payable after more than one year | 17 | €47,669 | €143,805 | +€96,137 | +201.7% |
| Financial debts | 170/4 | €47,669 | €143,805 | +€96,137 | +201.7% |
| Amounts payable within one year | 42/48 | €316,810 | €437,583 | +€120,773 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €27,477 | €49,424 | +€21,946 | +79.9% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €172,440 | €205,655 | +€33,215 | +19.3% |
| Suppliers | 440/4 | €172,440 | €205,655 | +€33,215 | +19.3% |
| Taxes, remuneration and social security | 45 | €31,294 | €43,940 | +€12,645 | +40.4% |
| Taxes | 450/3 | €17,812 | €31,112 | +€13,300 | +74.7% |
| Remuneration and social security | 454/9 | €13,482 | €12,828 | -€655 | -4.9% |
| Other amounts payable | 47/48 | €35,598 | €138,565 | +€102,966 | +289.2% |
| Accrued charges and deferred income | 492/3 | - | €103 | +€103 | |
| Remuneration, social security and pensions | 62 | €168,781 | €166,536 | -€2,244 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,333 | €34,272 | -€2,061 | -5.7% |
| Other operating charges | 640/8 | €11,802 | €26,242 | +€14,441 | +122.4% |
| Gross operating margin | 9900 | €231,018 | €220,704 | -€10,314 | -4.5% |
| Operating profit (loss) | 9901 | €14,103 | -€6,347 | -€20,449 | |
| Financial income | 75/76B | €529 | €465 | -€64 | -12.2% |
| Recurring financial income | 75 | €529 | €465 | -€64 | -12.2% |
| Financial charges | 65/66B | €9,979 | €8,443 | -€1,536 | -15.4% |
| Recurring financial charges | 65 | €9,979 | €8,443 | -€1,536 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €4,653 | -€14,324 | -€18,977 | |
| Income taxes | 67/77 | €11,046 | €821 | -€10,225 | -92.6% |
| Profit (loss) for the period | 9904 | -€6,393 | -€15,145 | -€8,753 | -136.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,393 | -€15,145 | -€8,753 | -136.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.