SOYDAN CONSTRUCT: 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.
SOYDAN CONSTRUCT
Largest movements
- Cash -€26,945
down €26,945 (-46.7%), from €57,704 to €30,759
mainly Contributions, distributions and other (-€90,000) and Debts after one year (-€14,380)
- Receivables within one year -€18,010
down €18,010 (-57.6%), from €31,287 to €13,277
of which Other amounts receivable: -€22,984
- Tangible fixed assets -€17,668
down €17,668 (-35.0%), from €50,436 to €32,769
of which Furniture and vehicles: -€14,614
- Profit (loss) carried forward -€82,954
down €82,954 (-89.7%), from €92,466 to €9,512
- Other debts +€30,000
new in 2025: €30,000
- Debts after one year -€14,380
down €14,380 (-76.7%), from €18,737 to €4,357
- Trade debts +€2,881
up €2,881 (+232.7%), from €1,238 to €4,120
- Staff costs +€36,662
up €36,662 (+98.4%), from €37,262 to €73,924
- Gross operating margin +€19,365
up €19,365 (+22.9%), from €84,430 to €103,795
- Taxes -€3,206
down €3,206 (-48.1%), from €6,660 to €3,453
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 | €141,298 | €78,703 | -€62,595 | -44.3% |
| Fixed assets | 21/28 | €50,436 | €32,769 | -€17,668 | -35.0% |
| Tangible fixed assets | 22/27 | €50,436 | €32,769 | -€17,668 | -35.0% |
| Plant, machinery and equipment | 23 | €3,940 | €886 | -€3,054 | -77.5% |
| Furniture and vehicles | 24 | €46,496 | €31,883 | -€14,614 | -31.4% |
| Current assets | 29/58 | €90,862 | €45,934 | -€44,928 | -49.4% |
| Amounts receivable within one year | 40/41 | €31,287 | €13,277 | -€18,010 | -57.6% |
| Trade receivables | 40 | €5,526 | €10,500 | +€4,974 | +90.0% |
| Other amounts receivable | 41 | €25,760 | €2,777 | -€22,984 | -89.2% |
| Cash at bank and in hand | 54/58 | €57,704 | €30,759 | -€26,945 | -46.7% |
| Deferred charges and accrued income | 490/1 | €1,871 | €1,898 | +€27 | +1.5% |
| Total equity and liabilities | 10/49 | €141,298 | €78,703 | -€62,595 | -44.3% |
| Equity | 10/15 | €95,466 | €12,512 | -€82,954 | -86.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,466 | €9,512 | -€82,954 | -89.7% |
| Amounts payable | 17/49 | €45,832 | €66,191 | +€20,358 | +44.4% |
| Amounts payable after more than one year | 17 | €18,737 | €4,357 | -€14,380 | -76.7% |
| Financial debts | 170/4 | €18,737 | €4,357 | -€14,380 | -76.7% |
| Amounts payable within one year | 42/48 | €27,095 | €61,833 | +€34,738 | +128.2% |
| Current portion of amounts payable after more than one year | 42 | €13,833 | €14,380 | +€547 | +4.0% |
| Trade debts | 44 | €1,238 | €4,120 | +€2,881 | +232.7% |
| Suppliers | 440/4 | €1,238 | €4,120 | +€2,881 | +232.7% |
| Taxes, remuneration and social security | 45 | €12,023 | €13,334 | +€1,310 | +10.9% |
| Taxes | 450/3 | €7,649 | €6,437 | -€1,212 | -15.8% |
| Remuneration and social security | 454/9 | €4,375 | €6,897 | +€2,522 | +57.7% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Remuneration, social security and pensions | 62 | €37,262 | €73,924 | +€36,662 | +98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,082 | €17,668 | -€415 | -2.3% |
| Other operating charges | 640/8 | €1,302 | €1,183 | -€119 | -9.2% |
| Gross operating margin | 9900 | €84,430 | €103,795 | +€19,365 | +22.9% |
| Operating profit (loss) | 9901 | €27,784 | €11,020 | -€16,764 | -60.3% |
| Financial income | 75/76B | €760 | €586 | -€174 | -23.0% |
| Recurring financial income | 75 | €760 | €586 | -€174 | -23.0% |
| Financial charges | 65/66B | €1,633 | €1,106 | -€527 | -32.3% |
| Recurring financial charges | 65 | €1,633 | €1,106 | -€527 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €26,911 | €10,500 | -€16,411 | -61.0% |
| Income taxes | 67/77 | €6,660 | €3,453 | -€3,206 | -48.1% |
| Profit (loss) for the period | 9904 | €20,251 | €7,046 | -€13,205 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,251 | €7,046 | -€13,205 | -65.2% |
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 8 October 2026 via checked.be.