SOJOCO: 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.
SOJOCO
Largest movements
- Stocks and contracts +€4,402
up €4,402 (+21.7%), from €20,286 to €24,688
- Cash +€3,347
up €3,347 (+43.4%), from €7,708 to €11,055
mainly Depreciation (+€39,496) and Short-term financial debts (+€31,578)
- Short-term financial debts +€31,578
new in 2025: €31,578
- Current portion of long-term debt -€23,950
no longer reported in 2025 (was €23,950)
- Debts after one year -€12,793
down €12,793 (-10.8%), from €118,177 to €105,384
- Tax, wage and social debts +€11,539
up €11,539 (+87.3%), from €13,219 to €24,758
of which Taxes: +€8,624
- Profit (loss) carried forward +€2,753
up €2,753 (+832%), from €331 to €3,084
- Gross operating margin +€27,198
up €27,198 (+20.0%), from €136,277 to €163,475
- Depreciation +€13,805
up €13,805 (+53.7%), from €25,691 to €39,496
- Staff costs +€13,490
up €13,490 (+14.3%), from €94,029 to €107,519
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 | €202,284 | €210,517 | +€8,233 | +4.1% |
| Fixed assets | 21/28 | €170,975 | €170,704 | -€271 | -0.2% |
| Intangible fixed assets | 21 | €6,917 | €5,917 | -€1,000 | -14.5% |
| Tangible fixed assets | 22/27 | €156,327 | €157,056 | +€729 | +0.5% |
| Plant, machinery and equipment | 23 | €53,737 | €46,755 | -€6,982 | -13.0% |
| Furniture and vehicles | 24 | - | €2,065 | +€2,065 | |
| Leasing and similar rights | 25 | €102,590 | €78,918 | -€23,672 | -23.1% |
| Other tangible fixed assets | 26 | - | €29,318 | +€29,318 | |
| Financial fixed assets | 28 | €7,731 | €7,731 | = | 0.0% |
| Current assets | 29/58 | €31,309 | €39,813 | +€8,504 | +27.2% |
| Stocks and contracts in progress | 3 | €20,286 | €24,688 | +€4,402 | +21.7% |
| Stocks | 30/36 | €20,286 | €24,688 | +€4,402 | +21.7% |
| Amounts receivable within one year | 40/41 | €2,466 | €2,643 | +€177 | +7.2% |
| Trade receivables | 40 | €2,179 | €1,850 | -€329 | -15.1% |
| Other amounts receivable | 41 | €287 | €793 | +€506 | +176% |
| Cash at bank and in hand | 54/58 | €7,708 | €11,055 | +€3,347 | +43.4% |
| Deferred charges and accrued income | 490/1 | €849 | €1,427 | +€578 | +68.1% |
| Total equity and liabilities | 10/49 | €202,284 | €210,517 | +€8,233 | +4.1% |
| Equity | 10/15 | €19,831 | €22,584 | +€2,753 | +13.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €9,500 | €9,500 | = | 0.0% |
| Distributable reserves | 133 | €9,500 | €9,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €331 | €3,084 | +€2,753 | +832% |
| Amounts payable | 17/49 | €182,453 | €187,933 | +€5,480 | +3.0% |
| Amounts payable after more than one year | 17 | €118,177 | €105,384 | -€12,793 | -10.8% |
| Financial debts | 170/4 | €118,177 | €105,384 | -€12,793 | -10.8% |
| Amounts payable within one year | 42/48 | €61,075 | €78,975 | +€17,900 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €23,950 | - | -€23,950 | |
| Financial debts | 43 | - | €31,578 | +€31,578 | |
| Credit institutions | 430/8 | - | €31,578 | +€31,578 | |
| Trade debts | 44 | €23,906 | €22,639 | -€1,267 | -5.3% |
| Suppliers | 440/4 | €23,906 | €22,639 | -€1,267 | -5.3% |
| Taxes, remuneration and social security | 45 | €13,219 | €24,758 | +€11,539 | +87.3% |
| Taxes | 450/3 | €9,227 | €17,851 | +€8,624 | +93.5% |
| Remuneration and social security | 454/9 | €3,992 | €6,907 | +€2,915 | +73.0% |
| Accrued charges and deferred income | 492/3 | €3,201 | €3,574 | +€373 | +11.7% |
| Remuneration, social security and pensions | 62 | €94,029 | €107,519 | +€13,490 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,691 | €39,496 | +€13,805 | +53.7% |
| Other operating charges | 640/8 | €2,048 | €2,874 | +€826 | +40.3% |
| Gross operating margin | 9900 | €136,277 | €163,475 | +€27,198 | +20.0% |
| Operating profit (loss) | 9901 | €14,509 | €13,586 | -€923 | -6.4% |
| Financial income | 75/76B | €130 | €1,754 | +€1,624 | +1,249% |
| Recurring financial income | 75 | €130 | €1,754 | +€1,624 | +1,249% |
| Financial charges | 65/66B | €10,339 | €11,576 | +€1,237 | +12.0% |
| Recurring financial charges | 65 | €10,339 | €11,576 | +€1,237 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €4,300 | €3,764 | -€536 | -12.5% |
| Income taxes | 67/77 | €1,843 | €1,011 | -€832 | -45.1% |
| Profit (loss) for the period | 9904 | €2,457 | €2,753 | +€296 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,457 | €2,753 | +€296 | +12.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.