SOYL: 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.
SOYL
Largest movements
- Cash -€918,110
down €918,110 (-85.7%), from €1.1m to €152,671
mainly Net result for the year (-€653,732) and Stocks and contracts (-€352,246)
- Stocks and contracts +€352,246
up €352,246 (+54.6%), from €645,461 to €997,707
- Profit (loss) carried forward -€653,732
down €653,732, from €321,900 to -€331,832
- Tax, wage and social debts +€45,536
new in 2025: €45,536
- Trade debts +€22,859
up €22,859 (+204.9%), from €11,154 to €34,013
- Turnover -€2.5m
down €2.5m (-43.6%), from €5.7m to €3.2m
- Goods and materials -€2.1m
down €2.1m (-38.0%), from €5.4m to €3.4m
of which Change in stocks: decrease (increase): -€1.4m
- Services and other goods -€190,488
down €190,488 (-29.6%), from €644,459 to €453,972
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 | €1,983,178 | €1,400,780 | -€582,399 | -29.4% |
| Current assets | 29/58 | €1,983,178 | €1,400,780 | -€582,399 | -29.4% |
| Stocks and contracts in progress | 3 | €645,461 | €997,707 | +€352,246 | +54.6% |
| Stocks | 30/36 | €645,461 | €997,707 | +€352,246 | +54.6% |
| Raw materials and consumables | 30/31 | - | €388,640 | +€388,640 | |
| Finished goods | 33 | €645,461 | €609,067 | -€36,394 | -5.6% |
| Amounts receivable within one year | 40/41 | €266,834 | €250,166 | -€16,669 | -6.2% |
| Trade receivables | 40 | €169,600 | €240,974 | +€71,374 | +42.1% |
| Other amounts receivable | 41 | €97,234 | €9,191 | -€88,043 | -90.5% |
| Cash at bank and in hand | 54/58 | €1,070,780 | €152,671 | -€918,110 | -85.7% |
| Deferred charges and accrued income | 490/1 | €102 | €236 | +€134 | +130.8% |
| Total equity and liabilities | 10/49 | €1,983,178 | €1,400,780 | -€582,399 | -29.4% |
| Equity | 10/15 | €1,972,024 | €1,318,292 | -€653,732 | -33.2% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €150,124 | €150,124 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150,000 | €150,000 | = | 0.0% |
| Legal reserve | 130 | €150,000 | €150,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | €321,900 | -€331,832 | -€653,732 | |
| Amounts payable | 17/49 | €11,154 | €82,488 | +€71,334 | +639.5% |
| Amounts payable within one year | 42/48 | €11,154 | €79,549 | +€68,395 | +613.2% |
| Trade debts | 44 | €11,154 | €34,013 | +€22,859 | +204.9% |
| Suppliers | 440/4 | €11,154 | €34,013 | +€22,859 | +204.9% |
| Taxes, remuneration and social security | 45 | - | €45,536 | +€45,536 | |
| Taxes | 450/3 | - | €45,536 | +€45,536 | |
| Accrued charges and deferred income | 492/3 | - | €2,939 | +€2,939 | |
| Operating income | 70/76A | €5,656,110 | €3,150,170 | -€2.5m | -44.3% |
| Turnover | 70 | €5,654,725 | €3,186,564 | -€2.5m | -43.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,317 | -€36,394 | -€37,711 | |
| Other operating income | 74 | €68 | - | -€68 | |
| Operating charges | 60/66A | €6,057,159 | €3,809,221 | -€2.2m | -37.1% |
| Goods for resale, raw materials and consumables | 60 | €5,409,466 | €3,353,582 | -€2.1m | -38.0% |
| Purchases | 600/8 | €4,422,292 | €3,742,222 | -€680,070 | -15.4% |
| Change in stocks: decrease (increase) | 609 | €987,174 | -€388,640 | -€1.4m | |
| Services and other goods | 61 | €644,459 | €453,972 | -€190,488 | -29.6% |
| Remuneration, social security and pensions | 62 | €341 | - | -€341 | |
| Other operating charges | 640/8 | €2,892 | €1,667 | -€1,225 | -42.4% |
| Operating profit (loss) | 9901 | -€401,049 | -€659,051 | -€258,002 | -64.3% |
| Financial income | 75/76B | €62,696 | €9,192 | -€53,505 | -85.3% |
| Recurring financial income | 75 | €62,696 | €9,192 | -€53,505 | -85.3% |
| Income from current assets | 751 | €62,696 | €9,192 | -€53,505 | -85.3% |
| Financial charges | 65/66B | €598 | €3,873 | +€3,276 | +548.1% |
| Recurring financial charges | 65 | €598 | €3,873 | +€3,276 | +548.1% |
| Debt charges | 650 | - | €2,939 | +€2,939 | |
| Other financial charges | 652/9 | €598 | €934 | +€337 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | -€338,950 | -€653,732 | -€314,782 | -92.9% |
| Profit (loss) for the period | 9904 | -€338,950 | -€653,732 | -€314,782 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€338,950 | -€653,732 | -€314,782 | -92.9% |
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 6 October 2026 via checked.be.