SOYAL: 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.
SOYAL
Largest movements
- Current investments +€185,808
up €185,808 (+6.2%), from €3.0m to €3.2m
- Cash -€144,297
down €144,297 (-8.6%), from €1.7m to €1.5m
mainly Current investments (-€185,808) and Tax, wage and social debts (-€128,439)
- Tax, wage and social debts -€128,439
down €128,439 (-97.4%), from €131,886 to €3,447
- Reserves +€78,336
up €78,336 (+1.6%), from €4.9m to €5.0m
of which Distributable reserves: +€78,336
- Financial income -€36,444
down €36,444 (-21.7%), from €168,117 to €131,672
- Other operating charges +€30,359
up €30,359 (+2,816%), from €1,078 to €31,438
- Gross operating margin +€19,429
up €19,429 (+31.7%), from €61,367 to €80,796
- Taxes -€16,507
down €16,507 (-24.8%), from €66,456 to €49,949
- Financial charges +€4,875
up €4,875 (+25.1%), from €19,428 to €24,303
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 | €5,315,342 | €5,316,416 | +€1,074 | 0.0% |
| Fixed assets | 21/28 | €553,686 | €525,242 | -€28,444 | -5.1% |
| Tangible fixed assets | 22/27 | €553,686 | €525,242 | -€28,444 | -5.1% |
| Land and buildings | 22 | €484,545 | €484,545 | = | 0.0% |
| Plant, machinery and equipment | 23 | €49,336 | €30,619 | -€18,717 | -37.9% |
| Furniture and vehicles | 24 | €19,806 | €10,079 | -€9,727 | -49.1% |
| Current assets | 29/58 | €4,761,656 | €4,791,174 | +€29,518 | +0.6% |
| Amounts receivable within one year | 40/41 | €51,537 | €39,641 | -€11,896 | -23.1% |
| Trade receivables | 40 | €41,092 | - | -€41,092 | |
| Other amounts receivable | 41 | €10,445 | €39,641 | +€29,196 | +280% |
| Current investments | 50/53 | €3,020,615 | €3,206,424 | +€185,808 | +6.2% |
| Cash at bank and in hand | 54/58 | €1,684,499 | €1,540,202 | -€144,297 | -8.6% |
| Deferred charges and accrued income | 490/1 | €5,005 | €4,907 | -€98 | -2.0% |
| Total equity and liabilities | 10/49 | €5,315,342 | €5,316,416 | +€1,074 | 0.0% |
| Equity | 10/15 | €5,073,504 | €5,151,840 | +€78,336 | +1.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €4,873,504 | €4,951,840 | +€78,336 | +1.6% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €4,853,504 | €4,931,840 | +€78,336 | +1.6% |
| Amounts payable | 17/49 | €241,838 | €164,576 | -€77,262 | -31.9% |
| Amounts payable within one year | 42/48 | €234,828 | €157,566 | -€77,262 | -32.9% |
| Trade debts | 44 | €7,455 | €57,153 | +€49,698 | +667% |
| Suppliers | 440/4 | €7,455 | €57,153 | +€49,698 | +667% |
| Taxes, remuneration and social security | 45 | €131,886 | €3,447 | -€128,439 | -97.4% |
| Taxes | 450/3 | €131,886 | €3,447 | -€128,439 | -97.4% |
| Other amounts payable | 47/48 | €95,487 | €96,966 | +€1,479 | +1.5% |
| Accrued charges and deferred income | 492/3 | €7,010 | €7,010 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,444 | €28,444 | = | 0.0% |
| Other operating charges | 640/8 | €1,078 | €31,438 | +€30,359 | +2,816% |
| Gross operating margin | 9900 | €61,367 | €80,796 | +€19,429 | +31.7% |
| Operating profit (loss) | 9901 | €31,845 | €20,915 | -€10,930 | -34.3% |
| Financial income | 75/76B | €168,117 | €131,672 | -€36,444 | -21.7% |
| Recurring financial income | 75 | €168,117 | €131,672 | -€36,444 | -21.7% |
| Financial charges | 65/66B | €19,428 | €24,303 | +€4,875 | +25.1% |
| Recurring financial charges | 65 | €19,428 | €24,303 | +€4,875 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €180,533 | €128,285 | -€52,249 | -28.9% |
| Income taxes | 67/77 | €66,456 | €49,949 | -€16,507 | -24.8% |
| Profit (loss) for the period | 9904 | €114,078 | €78,336 | -€35,742 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €114,078 | €78,336 | -€35,742 | -31.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.