CLOET SOFIE: 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.
CLOET SOFIE
Largest movements
- Tangible fixed assets +€171,747
up €171,747 (+29.3%), from €585,977 to €757,724
of which Land and buildings: +€137,743
- Cash -€43,839
down €43,839 (-12.3%), from €356,708 to €312,870
mainly Investment in fixed assets (net) (-€247,249) and Contributions, distributions and other (-€139,885)
- Receivables within one year +€14,001
up €14,001 (+16.2%), from €86,402 to €100,403
- Other debts +€140,615
new in 2025: €140,615
- Reserves -€34,657
down €34,657 (-4.7%), from €731,112 to €696,455
of which Distributable reserves: -€34,657
- Trade debts +€15,884
up €15,884 (+224.6%), from €7,073 to €22,956
- Gross operating margin +€41,974
up €41,974 (+19.1%), from €219,456 to €261,430
- Depreciation +€23,310
up €23,310 (+44.7%), from €52,192 to €75,501
- Taxes +€9,921
up €9,921 (+28.0%), from €35,476 to €45,397
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 | €1,029,864 | €1,171,774 | +€141,910 | +13.8% |
| Fixed assets | 21/28 | €585,977 | €757,724 | +€171,747 | +29.3% |
| Tangible fixed assets | 22/27 | €585,977 | €757,724 | +€171,747 | +29.3% |
| Land and buildings | 22 | €524,141 | €661,884 | +€137,743 | +26.3% |
| Plant, machinery and equipment | 23 | €39,101 | €31,719 | -€7,383 | -18.9% |
| Furniture and vehicles | 24 | €22,734 | €64,122 | +€41,387 | +182.0% |
| Current assets | 29/58 | €443,887 | €414,050 | -€29,838 | -6.7% |
| Stocks and contracts in progress | 3 | €777 | €777 | = | 0.0% |
| Stocks | 30/36 | €777 | €777 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €86,402 | €100,403 | +€14,001 | +16.2% |
| Other amounts receivable | 41 | €86,402 | €100,403 | +€14,001 | +16.2% |
| Cash at bank and in hand | 54/58 | €356,708 | €312,870 | -€43,839 | -12.3% |
| Total equity and liabilities | 10/49 | €1,029,864 | €1,171,774 | +€141,910 | +13.8% |
| Equity | 10/15 | €737,312 | €702,655 | -€34,657 | -4.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €731,112 | €696,455 | -€34,657 | -4.7% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €712,362 | €677,705 | -€34,657 | -4.9% |
| Amounts payable | 17/49 | €292,553 | €469,119 | +€176,567 | +60.4% |
| Amounts payable after more than one year | 17 | €227,591 | €226,179 | -€1,412 | -0.6% |
| Financial debts | 170/4 | €178,140 | €171,594 | -€6,546 | -3.7% |
| Other amounts payable | 178/9 | €49,451 | €54,585 | +€5,134 | +10.4% |
| Amounts payable within one year | 42/48 | €61,340 | €239,426 | +€178,086 | +290.3% |
| Current portion of amounts payable after more than one year | 42 | €42,442 | €53,810 | +€11,368 | +26.8% |
| Trade debts | 44 | €7,073 | €22,956 | +€15,884 | +224.6% |
| Suppliers | 440/4 | €7,073 | €22,956 | +€15,884 | +224.6% |
| Taxes, remuneration and social security | 45 | €11,826 | €22,045 | +€10,219 | +86.4% |
| Taxes | 450/3 | €5,296 | €15,397 | +€10,101 | +190.7% |
| Remuneration and social security | 454/9 | €6,530 | €6,648 | +€118 | +1.8% |
| Other amounts payable | 47/48 | - | €140,615 | +€140,615 | |
| Accrued charges and deferred income | 492/3 | €3,621 | €3,514 | -€108 | -3.0% |
| Remuneration, social security and pensions | 62 | €21,669 | €21,243 | -€426 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,192 | €75,501 | +€23,310 | +44.7% |
| Other operating charges | 640/8 | €5,837 | €5,586 | -€251 | -4.3% |
| Gross operating margin | 9900 | €219,456 | €261,430 | +€41,974 | +19.1% |
| Operating profit (loss) | 9901 | €139,758 | €159,100 | +€19,341 | +13.8% |
| Financial income | 75/76B | €735 | - | -€735 | |
| Recurring financial income | 75 | €735 | - | -€735 | |
| Financial charges | 65/66B | €7,930 | €8,474 | +€544 | +6.9% |
| Recurring financial charges | 65 | €7,930 | €8,474 | +€544 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €132,563 | €150,625 | +€18,062 | +13.6% |
| Income taxes | 67/77 | €35,476 | €45,397 | +€9,921 | +28.0% |
| Profit (loss) for the period | 9904 | €97,087 | €105,228 | +€8,141 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €97,087 | €105,228 | +€8,141 | +8.4% |
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 7 October 2026 via checked.be.