DR. SOFIE DE MUNTER: 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.
DR. SOFIE DE MUNTER
Largest movements
- Cash -€65,459
down €65,459 (-67.2%), from €97,371 to €31,912
mainly Contributions, distributions and other (-€80,189) and Other debts (-€50,947)
- Deferred charges and accrued income +€5,990
up €5,990 (+157%), from €3,809 to €9,799
- Tangible fixed assets -€1,464
down €1,464 (-37.3%), from €3,920 to €2,456
- Other debts -€50,947
down €50,947 (-68.6%), from €74,292 to €23,346
- Tax, wage and social debts -€11,492
down €11,492 (-74.8%), from €15,354 to €3,862
of which Taxes: -€11,492
No income-statement line moved by more than 1% of the activity.
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 | €106,437 | €45,104 | -€61,333 | -57.6% |
| Fixed assets | 21/28 | €3,920 | €2,456 | -€1,464 | -37.3% |
| Tangible fixed assets | 22/27 | €3,920 | €2,456 | -€1,464 | -37.3% |
| Furniture and vehicles | 24 | €3,920 | €2,456 | -€1,464 | -37.3% |
| Current assets | 29/58 | €102,517 | €42,648 | -€59,870 | -58.4% |
| Amounts receivable within one year | 40/41 | €1,338 | €937 | -€400 | -29.9% |
| Other amounts receivable | 41 | €1,338 | €937 | -€400 | -29.9% |
| Cash at bank and in hand | 54/58 | €97,371 | €31,912 | -€65,459 | -67.2% |
| Deferred charges and accrued income | 490/1 | €3,809 | €9,799 | +€5,990 | +157% |
| Total equity and liabilities | 10/49 | €106,437 | €45,104 | -€61,333 | -57.6% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €101,437 | €40,104 | -€61,333 | -60.5% |
| Amounts payable within one year | 42/48 | €94,614 | €33,307 | -€61,307 | -64.8% |
| Financial debts | 43 | €4,734 | €5,055 | +€321 | +6.8% |
| Credit institutions | 430/8 | €4,734 | €5,055 | +€321 | +6.8% |
| Trade debts | 44 | €234 | €1,044 | +€810 | +347% |
| Suppliers | 440/4 | €234 | €1,044 | +€810 | +347% |
| Taxes, remuneration and social security | 45 | €15,354 | €3,862 | -€11,492 | -74.8% |
| Taxes | 450/3 | €15,354 | €3,862 | -€11,492 | -74.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €74,292 | €23,346 | -€50,947 | -68.6% |
| Accrued charges and deferred income | 492/3 | €6,823 | €6,796 | -€26 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,506 | €1,464 | -€42 | -2.8% |
| Other operating charges | 640/8 | €1,619 | €1,804 | +€185 | +11.4% |
| Gross operating margin | 9900 | €107,480 | €106,972 | -€508 | -0.5% |
| Operating profit (loss) | 9901 | €104,355 | €103,704 | -€650 | -0.6% |
| Financial charges | 65/66B | €2,061 | €1,453 | -€608 | -29.5% |
| Recurring financial charges | 65 | €2,061 | €1,453 | -€608 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €102,294 | €102,252 | -€42 | 0.0% |
| Income taxes | 67/77 | €22,148 | €22,063 | -€85 | -0.4% |
| Profit (loss) for the period | 9904 | €80,146 | €80,189 | +€42 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €80,146 | €80,189 | +€42 | +0.1% |
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 19 October 2026 via checked.be.