SOYKENC: 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.
SOYKENC
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+15.2%), from €7.9m to €9.1m
of which Land and buildings: +€1.2m
- Receivables within one year +€361,135
up €361,135 (+69.1%), from €522,721 to €883,856
of which Other amounts receivable: +€374,885
- Current portion of long-term debt +€1.6m
up €1.6m (+118.2%), from €1.4m to €3.0m
- Debts after one year +€540,099
up €540,099 (+12.0%), from €4.5m to €5.0m
- Profit (loss) carried forward -€471,079
down €471,079 (-51.8%), from -€908,687 to -€1.4m
- Trade debts -€114,948
down €114,948 (-62.3%), from €184,592 to €69,644
- Other operating charges +€196,235
up €196,235 (+1058.8%), from €18,534 to €214,769
- Financial charges +€66,861
up €66,861 (+32.5%), from €205,860 to €272,721
of which Financial charges: +€96,780
- Gross operating margin -€13,536
down €13,536 (-4.0%), from €338,158 to €324,622
- Financial income +€5,777
up €5,777 (+326.4%), from €1,770 to €7,547
of which Financial income: +€5,777
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 | €9,655,897 | €11,240,580 | +€1.6m | +16.4% |
| Fixed assets | 21/28 | €9,038,580 | €10,240,365 | +€1.2m | +13.3% |
| Tangible fixed assets | 22/27 | €7,882,430 | €9,084,215 | +€1.2m | +15.2% |
| Land and buildings | 22 | €7,870,745 | €9,079,079 | +€1.2m | +15.4% |
| Plant, machinery and equipment | 23 | €264 | €0 | -€264 | -100.0% |
| Furniture and vehicles | 24 | €11,421 | €5,137 | -€6,284 | -55.0% |
| Financial fixed assets | 28 | €1,156,150 | €1,156,150 | -€0 | 0.0% |
| Current assets | 29/58 | €617,317 | €1,000,215 | +€382,898 | +62.0% |
| Amounts receivable within one year | 40/41 | €522,721 | €883,856 | +€361,135 | +69.1% |
| Trade receivables | 40 | €54,747 | €40,997 | -€13,750 | -25.1% |
| Other amounts receivable | 41 | €467,974 | €842,859 | +€374,885 | +80.1% |
| Cash at bank and in hand | 54/58 | €5,189 | €114,953 | +€109,764 | +2115.3% |
| Deferred charges and accrued income | 490/1 | €89,407 | €1,406 | -€88,001 | -98.4% |
| Total equity and liabilities | 10/49 | €9,655,897 | €11,240,580 | +€1.6m | +16.4% |
| Equity | 10/15 | €1,688,026 | €1,199,739 | -€488,287 | -28.9% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Revaluation surpluses | 12 | €2,359,502 | €2,359,502 | -€0 | 0.0% |
| Reserves | 13 | €218,619 | €201,412 | -€17,207 | -7.9% |
| Tax-exempt reserves | 132 | €216,760 | €199,553 | -€17,207 | -7.9% |
| Distributable reserves | 133 | €1,859 | €1,859 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€908,687 | -€1,379,766 | -€471,079 | -51.8% |
| Provisions and deferred taxes | 16 | €69,931 | €61,071 | -€8,860 | -12.7% |
| Deferred taxes | 168 | €69,931 | €61,071 | -€8,860 | -12.7% |
| Amounts payable | 17/49 | €7,897,940 | €9,979,770 | +€2.1m | +26.4% |
| Amounts payable after more than one year | 17 | €4,490,304 | €5,030,403 | +€540,099 | +12.0% |
| Financial debts | 170/4 | €4,490,304 | €5,030,403 | +€540,099 | +12.0% |
| Amounts payable within one year | 42/48 | €3,407,636 | €4,949,367 | +€1.5m | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €1,384,996 | €3,022,481 | +€1.6m | +118.2% |
| Financial debts | 43 | €5,014 | €7,461 | +€2,447 | +48.8% |
| Credit institutions | 430/8 | €5,014 | €7,461 | +€2,447 | +48.8% |
| Trade debts | 44 | €184,592 | €69,644 | -€114,948 | -62.3% |
| Suppliers | 440/4 | €184,592 | €69,644 | -€114,948 | -62.3% |
| Taxes, remuneration and social security | 45 | €2,954 | €1,977 | -€977 | -33.1% |
| Remuneration and social security | 454/9 | €2,954 | €1,977 | -€977 | -33.1% |
| Other amounts payable | 47/48 | €1,830,080 | €1,847,803 | +€17,723 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340,685 | €341,826 | +€1,141 | +0.3% |
| Other operating charges | 640/8 | €18,534 | €214,769 | +€196,235 | +1058.8% |
| Gross operating margin | 9900 | €338,158 | €324,622 | -€13,536 | -4.0% |
| Operating profit (loss) | 9901 | -€21,061 | -€231,973 | -€210,912 | -1001.4% |
| Financial income | 75/76B | €1,770 | €7,547 | +€5,777 | +326.4% |
| Recurring financial income | 75 | €1,770 | €7,547 | +€5,777 | +326.4% |
| Non-recurring financial income | 76B | €1,770 | €0 | -€1,770 | -100.0% |
| Financial charges | 65/66B | €205,860 | €272,721 | +€66,861 | +32.5% |
| Recurring financial charges | 65 | €175,941 | €272,721 | +€96,780 | +55.0% |
| Non-recurring financial charges | 66B | €29,919 | €0 | -€29,919 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€225,151 | -€497,147 | -€271,996 | -120.8% |
| Transfer from deferred taxes | 780 | €8,860 | €8,860 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€216,291 | -€488,287 | -€271,996 | -125.8% |
| Transfer from tax-exempt reserves | 789 | €17,207 | €17,207 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€199,084 | -€471,079 | -€271,995 | -136.6% |
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 6 October 2026 via checked.be.