SOYUT BOUW: what changed
SOYUT BOUW
Largest movements
- Receivables within one year -€87,134
down €87,134 (-41.6%), from €209,692 to €122,557
of which Trade receivables: -€93,091
- Cash -€30,849
no longer reported in 2025 (was €30,849)
mainly Trade debts (-€53,929) and Net result for the year (-€30,595)
- Tangible fixed assets -€13,646
down €13,646 (-21.1%), from €64,651 to €51,005
of which Leasing and similar rights: -€12,876
- Trade debts -€53,929
down €53,929 (-43.1%), from €125,255 to €71,326
- Profit (loss) carried forward -€30,595
down €30,595, from €26,931 to -€3,664
- Advances received -€27,000
down €27,000 (-48.4%), from €55,810 to €28,810
- Debts after one year -€12,475
down €12,475 (-25.7%), from €48,582 to €36,108
- Tax, wage and social debts -€6,909
down €6,909 (-79.2%), from €8,722 to €1,813
- Depreciation +€10,066
up €10,066 (+281%), from €3,580 to €13,646
- Gross operating margin -€4,747
down €4,747 (-122%), from -€3,891 to -€8,638
- Financial charges +€4,334
up €4,334 (+171%), from €2,529 to €6,863
- Other operating charges -€537
down €537 (-24.6%), from €2,184 to €1,647
- Financial income +€195
up €195 (+6,801%), from €3 to €198
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €305,192 | €173,562 | -€131,630 | -43.1% |
| Fixed assets | 21/28 | €64,651 | €51,005 | -€13,646 | -21.1% |
| Tangible fixed assets | 22/27 | €64,651 | €51,005 | -€13,646 | -21.1% |
| Furniture and vehicles | 24 | €3,551 | €2,781 | -€770 | -21.7% |
| Leasing and similar rights | 25 | €61,099 | €48,223 | -€12,876 | -21.1% |
| Current assets | 29/58 | €240,541 | €122,557 | -€117,984 | -49.0% |
| Amounts receivable within one year | 40/41 | €209,692 | €122,557 | -€87,134 | -41.6% |
| Trade receivables | 40 | €200,999 | €107,908 | -€93,091 | -46.3% |
| Other amounts receivable | 41 | €8,693 | €14,650 | +€5,957 | +68.5% |
| Cash at bank and in hand | 54/58 | €30,849 | - | -€30,849 | |
| Total equity and liabilities | 10/49 | €305,192 | €173,562 | -€131,630 | -43.1% |
| Equity | 10/15 | €50,403 | €19,808 | -€30,595 | -60.7% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €14,772 | €14,772 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,912 | €12,912 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,931 | -€3,664 | -€30,595 | |
| Amounts payable | 17/49 | €254,788 | €153,754 | -€101,035 | -39.7% |
| Amounts payable after more than one year | 17 | €48,582 | €36,108 | -€12,475 | -25.7% |
| Financial debts | 170/4 | €48,582 | €36,108 | -€12,475 | -25.7% |
| Amounts payable within one year | 42/48 | €206,206 | €117,646 | -€88,560 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €11,932 | €13,832 | +€1,900 | +15.9% |
| Financial debts | 43 | €3,553 | €1,865 | -€1,688 | -47.5% |
| Credit institutions | 430/8 | €3,553 | €1,865 | -€1,688 | -47.5% |
| Trade debts | 44 | €125,255 | €71,326 | -€53,929 | -43.1% |
| Suppliers | 440/4 | €125,255 | €71,326 | -€53,929 | -43.1% |
| Advances received on contracts in progress | 46 | €55,810 | €28,810 | -€27,000 | -48.4% |
| Taxes, remuneration and social security | 45 | €8,722 | €1,813 | -€6,909 | -79.2% |
| Taxes | 450/3 | €8,722 | €1,813 | -€6,909 | -79.2% |
| Other amounts payable | 47/48 | €933 | - | -€933 | |
| Non-recurring operating income | 76A | - | €2,066 | +€2,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,580 | €13,646 | +€10,066 | +281% |
| Other operating charges | 640/8 | €2,184 | €1,647 | -€537 | -24.6% |
| Gross operating margin | 9900 | -€3,891 | -€8,638 | -€4,747 | -122% |
| Operating profit (loss) | 9901 | -€9,655 | -€23,931 | -€14,275 | -148% |
| Financial income | 75/76B | €3 | €198 | +€195 | +6,801% |
| Recurring financial income | 75 | €3 | €198 | +€195 | +6,801% |
| Financial charges | 65/66B | €2,529 | €6,863 | +€4,334 | +171% |
| Recurring financial charges | 65 | €2,529 | €6,863 | +€4,334 | +171% |
| Profit (loss) for the period before taxes | 9903 | -€12,181 | -€30,595 | -€18,414 | -151% |
| Profit (loss) for the period | 9904 | -€12,181 | -€30,595 | -€18,414 | -151% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,181 | -€30,595 | -€18,414 | -151% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.