V.S. SOINS: 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.
V.S. SOINS
Largest movements
- Cash +€27,925
new in 2025: €27,925
mainly Net result for the year (+€31,925) and Receivables within one year (+€11,505)
- Receivables within one year -€11,505
down €11,505 (-40.9%), from €28,114 to €16,609
of which Trade receivables: -€6,751
- Tangible fixed assets -€8,682
down €8,682 (-41.7%), from €20,822 to €12,140
of which Leasing and similar rights: -€7,769
- Deferred charges and accrued income -€1,028
no longer reported in 2025 (was €1,028)
- Reserves +€31,925
new in 2025: €31,925
- Short-term financial debts -€9,665
no longer reported in 2025 (was €9,665)
- Other debts -€6,288
down €6,288 (-44.8%), from €14,051 to €7,763
- Current portion of long-term debt -€5,590
down €5,590 (-59.3%), from €9,422 to €3,832
- Debts after one year -€4,589
no longer reported in 2025 (was €4,589)
- Gross operating margin +€27,583
up €27,583 (+106%), from €26,008 to €53,591
- Taxes +€9,689
up €9,689 (+3,785%), from €256 to €9,945
- Depreciation -€4,769
down €4,769 (-35.5%), from €13,451 to €8,682
- Financial charges -€782
down €782 (-75.0%), from €1,043 to €260
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 | €49,965 | €56,674 | +€6,710 | +13.4% |
| Fixed assets | 21/28 | €20,822 | €12,140 | -€8,682 | -41.7% |
| Tangible fixed assets | 22/27 | €20,822 | €12,140 | -€8,682 | -41.7% |
| Land and buildings | 22 | €2,731 | €1,817 | -€914 | -33.5% |
| Leasing and similar rights | 25 | €18,091 | €10,323 | -€7,769 | -42.9% |
| Current assets | 29/58 | €29,142 | €44,534 | +€15,392 | +52.8% |
| Amounts receivable within one year | 40/41 | €28,114 | €16,609 | -€11,505 | -40.9% |
| Trade receivables | 40 | €18,616 | €11,865 | -€6,751 | -36.3% |
| Other amounts receivable | 41 | €9,498 | €4,744 | -€4,754 | -50.1% |
| Cash at bank and in hand | 54/58 | - | €27,925 | +€27,925 | |
| Deferred charges and accrued income | 490/1 | €1,028 | - | -€1,028 | |
| Total equity and liabilities | 10/49 | €49,965 | €56,674 | +€6,710 | +13.4% |
| Equity | 10/15 | €7,118 | €39,043 | +€31,925 | +449% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €31,925 | +€31,925 | |
| Distributable reserves | 133 | - | €31,925 | +€31,925 | |
| Profit (loss) carried forward | 14 | €918 | €918 | = | 0.0% |
| Amounts payable | 17/49 | €42,847 | €17,631 | -€25,215 | -58.8% |
| Amounts payable after more than one year | 17 | €4,589 | - | -€4,589 | |
| Financial debts | 170/4 | €4,589 | - | -€4,589 | |
| Amounts payable within one year | 42/48 | €38,257 | €17,631 | -€20,626 | -53.9% |
| Current portion of amounts payable after more than one year | 42 | €9,422 | €3,832 | -€5,590 | -59.3% |
| Financial debts | 43 | €9,665 | - | -€9,665 | |
| Other loans | 439 | €9,665 | - | -€9,665 | |
| Trade debts | 44 | €720 | €1,092 | +€372 | +51.7% |
| Suppliers | 440/4 | €720 | €1,092 | +€372 | +51.7% |
| Taxes, remuneration and social security | 45 | €4,400 | €4,945 | +€545 | +12.4% |
| Taxes | 450/3 | - | €4,945 | +€4,945 | |
| Remuneration and social security | 454/9 | €4,400 | - | -€4,400 | |
| Other amounts payable | 47/48 | €14,051 | €7,763 | -€6,288 | -44.8% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,451 | €8,682 | -€4,769 | -35.5% |
| Other operating charges | 640/8 | €2,389 | €2,778 | +€389 | +16.3% |
| Gross operating margin | 9900 | €26,008 | €53,591 | +€27,583 | +106% |
| Operating profit (loss) | 9901 | €10,168 | €42,131 | +€31,963 | +314% |
| Financial charges | 65/66B | €1,043 | €260 | -€782 | -75.0% |
| Recurring financial charges | 65 | €1,043 | €260 | -€782 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €9,125 | €41,870 | +€32,745 | +359% |
| Income taxes | 67/77 | €256 | €9,945 | +€9,689 | +3,785% |
| Profit (loss) for the period | 9904 | €8,869 | €31,925 | +€23,056 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €8,869 | €31,925 | +€23,056 | +260% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.