SARK SOFRASI: 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.
SARK SOFRASI
Largest movements
- Cash -€14,970
down €14,970 (-79.2%), from €18,911 to €3,941
mainly Investment in fixed assets (net) (-€21,376) and Net result for the year (-€12,513)
- Tangible fixed assets +€12,383
up €12,383 (+46.4%), from €26,668 to €39,051
of which Furniture and vehicles: +€16,423
- Receivables within one year +€6,734
up €6,734 (+85.7%), from €7,854 to €14,588
of which Other amounts receivable: +€8,826
- Stocks and contracts +€1,143
up €1,143 (+11.8%), from €9,671 to €10,814
- Tax, wage and social debts +€19,942
up €19,942 (+136.7%), from €14,584 to €34,526
of which Taxes: +€13,282
- Reserves -€12,513
down €12,513 (-48.6%), from €25,724 to €13,211
- Advances received -€1,980
no longer reported in 2025 (was €1,980)
- Gross operating margin -€32,815
down €32,815 (-39.3%), from €83,565 to €50,751
- Other operating charges +€8,606
up €8,606 (+381.9%), from €2,254 to €10,860
- Staff costs -€6,933
down €6,933 (-17.4%), from €39,915 to €32,982
- Taxes +€2,960
up €2,960 (+49.3%), from €6,000 to €8,960
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 | €63,109 | €68,394 | +€5,285 | +8.4% |
| Fixed assets | 21/28 | €26,668 | €39,051 | +€12,383 | +46.4% |
| Tangible fixed assets | 22/27 | €26,668 | €39,051 | +€12,383 | +46.4% |
| Plant, machinery and equipment | 23 | €10,765 | €10,775 | +€10 | +0.1% |
| Furniture and vehicles | 24 | - | €16,423 | +€16,423 | |
| Other tangible fixed assets | 26 | €15,903 | €11,853 | -€4,051 | -25.5% |
| Current assets | 29/58 | €36,441 | €29,343 | -€7,098 | -19.5% |
| Stocks and contracts in progress | 3 | €9,671 | €10,814 | +€1,143 | +11.8% |
| Stocks | 30/36 | €9,671 | €10,814 | +€1,143 | +11.8% |
| Amounts receivable within one year | 40/41 | €7,854 | €14,588 | +€6,734 | +85.7% |
| Trade receivables | 40 | €4,554 | €2,463 | -€2,092 | -45.9% |
| Other amounts receivable | 41 | €3,300 | €12,126 | +€8,826 | +267.5% |
| Cash at bank and in hand | 54/58 | €18,911 | €3,941 | -€14,970 | -79.2% |
| Deferred charges and accrued income | 490/1 | €5 | - | -€5 | |
| Total equity and liabilities | 10/49 | €63,109 | €68,394 | +€5,285 | +8.4% |
| Equity | 10/15 | €40,724 | €28,211 | -€12,513 | -30.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €25,724 | €13,211 | -€12,513 | -48.6% |
| Distributable reserves | 133 | €25,724 | €13,211 | -€12,513 | -48.6% |
| Amounts payable | 17/49 | €22,385 | €40,182 | +€17,797 | +79.5% |
| Amounts payable within one year | 42/48 | €22,385 | €40,182 | +€17,797 | +79.5% |
| Trade debts | 44 | €5,821 | €5,657 | -€165 | -2.8% |
| Suppliers | 440/4 | €5,821 | €5,657 | -€165 | -2.8% |
| Advances received on contracts in progress | 46 | €1,980 | - | -€1,980 | |
| Taxes, remuneration and social security | 45 | €14,584 | €34,526 | +€19,942 | +136.7% |
| Taxes | 450/3 | €9,511 | €22,793 | +€13,282 | +139.6% |
| Remuneration and social security | 454/9 | €5,072 | €11,733 | +€6,661 | +131.3% |
| Remuneration, social security and pensions | 62 | €39,915 | €32,982 | -€6,933 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,187 | €8,993 | +€806 | +9.8% |
| Other operating charges | 640/8 | €2,254 | €10,860 | +€8,606 | +381.9% |
| Gross operating margin | 9900 | €83,565 | €50,751 | -€32,815 | -39.3% |
| Operating profit (loss) | 9901 | €33,209 | -€2,085 | -€35,294 | |
| Financial income | 75/76B | €101 | €419 | +€318 | +314.6% |
| Recurring financial income | 75 | €101 | €419 | +€318 | +314.6% |
| Financial charges | 65/66B | €1,587 | €1,887 | +€300 | +18.9% |
| Recurring financial charges | 65 | €1,587 | €1,887 | +€300 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €31,724 | -€3,552 | -€35,276 | |
| Income taxes | 67/77 | €6,000 | €8,960 | +€2,960 | +49.3% |
| Profit (loss) for the period | 9904 | €25,724 | -€12,513 | -€38,237 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,724 | -€12,513 | -€38,237 |
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 10 October 2026 via checked.be.