THE SOAP FACTORY: 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.
THE SOAP FACTORY
Largest movements
- Receivables within one year +€150,622
up €150,622 (+180%), from €83,721 to €234,343
of which Other amounts receivable: +€171,055
- Cash -€132,072
down €132,072 (-41.1%), from €320,976 to €188,904
mainly Receivables within one year (-€150,622) and Other debts (-€54,207)
- Tangible fixed assets -€89,158
down €89,158 (-12.0%), from €739,938 to €650,780
of which Land and buildings: -€87,484
- Other debts -€54,207
down €54,207 (-4.1%), from €1.3m to €1.3m
- Gross operating margin -€19,277
down €19,277 (-13.0%), from €148,649 to €129,372
- Depreciation -€10,940
down €10,940 (-10.9%), from €100,098 to €89,158
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 | €1,148,325 | €1,074,028 | -€74,297 | -6.5% |
| Fixed assets | 21/28 | €739,938 | €650,780 | -€89,158 | -12.0% |
| Tangible fixed assets | 22/27 | €739,938 | €650,780 | -€89,158 | -12.0% |
| Land and buildings | 22 | €736,984 | €649,501 | -€87,484 | -11.9% |
| Furniture and vehicles | 24 | €2,953 | €1,279 | -€1,674 | -56.7% |
| Current assets | 29/58 | €408,387 | €423,248 | +€14,860 | +3.6% |
| Amounts receivable within one year | 40/41 | €83,721 | €234,343 | +€150,622 | +180% |
| Trade receivables | 40 | €81,707 | €61,273 | -€20,433 | -25.0% |
| Other amounts receivable | 41 | €2,015 | €173,070 | +€171,055 | +8,491% |
| Cash at bank and in hand | 54/58 | €320,976 | €188,904 | -€132,072 | -41.1% |
| Deferred charges and accrued income | 490/1 | €3,689 | - | -€3,689 | |
| Total equity and liabilities | 10/49 | €1,148,325 | €1,074,028 | -€74,297 | -6.5% |
| Equity | 10/15 | -€274,931 | -€284,783 | -€9,853 | -3.6% |
| Contributions | 10/11 | €6,618 | €6,618 | = | 0.0% |
| Reserves | 13 | €3,113 | €3,113 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,113 | €3,113 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,113 | €3,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€284,662 | -€294,514 | -€9,853 | -3.5% |
| Amounts payable | 17/49 | €1,423,255 | €1,358,811 | -€64,444 | -4.5% |
| Amounts payable within one year | 42/48 | €1,420,997 | €1,358,811 | -€62,186 | -4.4% |
| Trade debts | 44 | €81,880 | €74,897 | -€6,983 | -8.5% |
| Suppliers | 440/4 | €81,880 | €74,897 | -€6,983 | -8.5% |
| Advances received on contracts in progress | 46 | - | €125 | +€125 | |
| Taxes, remuneration and social security | 45 | €8,120 | €6,999 | -€1,121 | -13.8% |
| Taxes | 450/3 | €2,038 | €727 | -€1,311 | -64.3% |
| Remuneration and social security | 454/9 | €6,083 | €6,272 | +€189 | +3.1% |
| Other amounts payable | 47/48 | €1,330,997 | €1,276,790 | -€54,207 | -4.1% |
| Accrued charges and deferred income | 492/3 | €2,258 | - | -€2,258 | |
| Remuneration, social security and pensions | 62 | €44,404 | €43,380 | -€1,023 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,098 | €89,158 | -€10,940 | -10.9% |
| Other operating charges | 640/8 | €7,348 | €7,526 | +€178 | +2.4% |
| Gross operating margin | 9900 | €148,649 | €129,372 | -€19,277 | -13.0% |
| Operating profit (loss) | 9901 | -€3,201 | -€10,692 | -€7,492 | -234% |
| Financial income | 75/76B | €1,075 | €971 | -€104 | -9.7% |
| Recurring financial income | 75 | €1,075 | €971 | -€104 | -9.7% |
| Financial charges | 65/66B | €89 | €131 | +€43 | +48.1% |
| Recurring financial charges | 65 | €89 | €131 | +€43 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,215 | -€9,853 | -€7,638 | -345% |
| Profit (loss) for the period | 9904 | -€2,215 | -€9,853 | -€7,638 | -345% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,215 | -€9,853 | -€7,638 | -345% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.