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Sofa-Dome: 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.

What changed

Sofa-Dome

BE 0895.484.303
NACE 47.551, Retail sale of household furniture
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€81,785
2023 · €80,712+€1,073
Equity
€358,987
2023 · €303,557+€55,429
Cash
€55,075
2023 · €33,717+€21,358
Balance sheet total
€738,728
2023 · €662,676+€76,052

Largest movements

2023 to 2024
Assets
  • Stocks and contracts +€109,262

    up €109,262 (+122.6%), from €89,150 to €198,412

  • Receivables within one year -€46,902

    down €46,902 (-16.9%), from €278,188 to €231,287

    of which Trade receivables: -€68,960

  • Cash +€21,358

    up €21,358 (+63.3%), from €33,717 to €55,075

    mainly Net result for the year (+€81,785) and Receivables within one year (+€46,902)

  • Tangible fixed assets -€7,667

    down €7,667 (-3.0%), from €251,434 to €243,767

    of which Furniture and vehicles: -€7,919

Equity and liabilities
  • Trade debts -€60,078

    down €60,078 (-26.9%), from €223,110 to €163,032

  • Current portion of long-term debt +€44,711

    up €44,711 (+89.7%), from €49,818 to €94,529

  • Accrued charges and deferred income +€35,397

    new in 2024: €35,397

  • Profit (loss) carried forward +€31,785

    up €31,785 (+39.4%), from €80,712 to €112,497

  • Other debts +€26,356

    up €26,356 (+63.0%), from €41,816 to €68,171

Income statement
  • Depreciation +€15,328

    up €15,328 (+106.3%), from €14,424 to €29,752

  • Staff costs -€10,027

    down €10,027 (-5.1%), from €195,591 to €185,564

  • Gross operating margin +€3,582

    up €3,582 (+1.1%), from €318,749 to €322,331

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €80,712
Gross operating margin +€3,582
Staff costs +€10,027
Depreciation -€15,328
Other operating charges +€302
Financial charges -€43
Taxes +€2,533
Result 2024 €81,785

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€25,088
Investment -€22,085
Financing +€18,355
Cash 2023 €33,717
Net result for the year +€81,785
Depreciation +€29,752
Stocks and contracts -€109,262
Receivables within one year +€46,902
Trade debts -€60,078
Tax, wage and social debts -€25,763
Other debts +€26,356
Accrued charges and deferred income +€35,397
Investment in fixed assets (net) -€22,085
Current portion of long-term debt +€44,711
Contributions, distributions and other -€26,356
Cash 2024 €55,075
Every line side by side 49 lines
Line Code 2023 2024 Change %
Total assets 20/58 €662,676 €738,728 +€76,052 +11.5%
Fixed assets 21/28 €258,534 €250,867 -€7,667 -3.0%
Tangible fixed assets 22/27 €251,434 €243,767 -€7,667 -3.0%
Land and buildings 22 €238,717 €239,498 +€781 +0.3%
Plant, machinery and equipment 23 €342 €0 -€342 -100.0%
Furniture and vehicles 24 €11,532 €3,613 -€7,919 -68.7%
Other tangible fixed assets 26 €843 €656 -€187 -22.2%
Financial fixed assets 28 €7,100 €7,100 = 0.0%
Current assets 29/58 €404,142 €487,861 +€83,719 +20.7%
Stocks and contracts in progress 3 €89,150 €198,412 +€109,262 +122.6%
Stocks 30/36 €89,150 €198,412 +€109,262 +122.6%
Amounts receivable within one year 40/41 €278,188 €231,287 -€46,902 -16.9%
Trade receivables 40 €235,652 €166,692 -€68,960 -29.3%
Other amounts receivable 41 €42,536 €64,595 +€22,059 +51.9%
Cash at bank and in hand 54/58 €33,717 €55,075 +€21,358 +63.3%
Deferred charges and accrued income 490/1 €3,087 €3,087 = 0.0%
Total equity and liabilities 10/49 €662,676 €738,728 +€76,052 +11.5%
Equity 10/15 €303,557 €358,987 +€55,429 +18.3%
Contributions 10/11 €22,000 €20,000 -€2,000 -9.1%
Reserves 13 €200,845 €226,490 +€25,644 +12.8%
Non-distributable reserves 130/1 €0 €2,000 +€2,000
Reserves not available under the articles 1311 €0 €2,000 +€2,000
Distributable reserves 133 €200,845 €224,490 +€23,644 +11.8%
Profit (loss) carried forward 14 €80,712 €112,497 +€31,785 +39.4%
Amounts payable 17/49 €359,118 €379,741 +€20,622 +5.7%
Amounts payable within one year 42/48 €359,118 €344,344 -€14,774 -4.1%
Current portion of amounts payable after more than one year 42 €49,818 €94,529 +€44,711 +89.7%
Trade debts 44 €223,110 €163,032 -€60,078 -26.9%
Suppliers 440/4 €223,110 €163,032 -€60,078 -26.9%
Advances received on contracts in progress 46 €0 - =
Taxes, remuneration and social security 45 €44,374 €18,612 -€25,763 -58.1%
Taxes 450/3 €15,993 €4,099 -€11,894 -74.4%
Remuneration and social security 454/9 €28,381 €14,512 -€13,869 -48.9%
Other amounts payable 47/48 €41,816 €68,171 +€26,356 +63.0%
Accrued charges and deferred income 492/3 - €35,397 +€35,397
Remuneration, social security and pensions 62 €195,591 €185,564 -€10,027 -5.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,424 €29,752 +€15,328 +106.3%
Other operating charges 640/8 €2,902 €2,600 -€302 -10.4%
Gross operating margin 9900 €318,749 €322,331 +€3,582 +1.1%
Operating profit (loss) 9901 €105,832 €104,415 -€1,417 -1.3%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €1,031 €1,074 +€43 +4.2%
Recurring financial charges 65 €1,031 €1,074 +€43 +4.2%
Profit (loss) for the period before taxes 9903 €104,801 €103,342 -€1,460 -1.4%
Income taxes 67/77 €24,089 €21,556 -€2,533 -10.5%
Profit (loss) for the period 9904 €80,712 €81,785 +€1,073 +1.3%
Transfer from tax-exempt reserves 789 €41,816 €0 -€41,816 -100.0%
Profit (loss) for the period to be appropriated 9905 €122,528 €81,785 -€40,743 -33.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.