SOFABLOND: 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.
SOFABLOND
Largest movements
- Tangible fixed assets -€12,846
down €12,846 (-5.7%), from €227,223 to €214,376
of which Land and buildings: -€12,846
- Cash +€9,689
up €9,689 (+144%), from €6,718 to €16,407
mainly Net result for the year (+€22,397) and Depreciation (+€12,846)
- Profit (loss) carried forward +€22,397
up €22,397 (+20.2%), from -€110,882 to -€88,485
- Other debts -€14,840
down €14,840 (-21.8%), from €68,061 to €53,221
- Debts after one year -€10,956
down €10,956 (-8.5%), from €129,302 to €118,347
- Short-term financial debts -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Gross operating margin +€25,862
up €25,862 (+136%), from €19,026 to €44,888
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 | €242,994 | €237,837 | -€5,157 | -2.1% |
| Fixed assets | 21/28 | €227,223 | €214,376 | -€12,846 | -5.7% |
| Tangible fixed assets | 22/27 | €227,223 | €214,376 | -€12,846 | -5.7% |
| Land and buildings | 22 | €222,223 | €209,376 | -€12,846 | -5.8% |
| Other tangible fixed assets | 26 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €15,771 | €23,460 | +€7,689 | +48.8% |
| Amounts receivable after more than one year | 29 | €8,000 | €6,000 | -€2,000 | -25.0% |
| Other amounts receivable | 291 | €8,000 | €6,000 | -€2,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €1,053 | €1,053 | = | 0.0% |
| Trade receivables | 40 | €1,053 | €1,053 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,718 | €16,407 | +€9,689 | +144% |
| Total equity and liabilities | 10/49 | €242,994 | €237,837 | -€5,157 | -2.1% |
| Equity | 10/15 | €19,118 | €41,515 | +€22,397 | +117% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,882 | -€88,485 | +€22,397 | +20.2% |
| Amounts payable | 17/49 | €223,875 | €196,321 | -€27,554 | -12.3% |
| Amounts payable after more than one year | 17 | €129,302 | €118,347 | -€10,956 | -8.5% |
| Financial debts | 170/4 | €129,302 | €118,347 | -€10,956 | -8.5% |
| Amounts payable within one year | 42/48 | €94,573 | €77,975 | -€16,598 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €11,512 | €11,844 | +€332 | +2.9% |
| Financial debts | 43 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Credit institutions | 430/8 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Trade debts | 44 | - | €1,046 | +€1,046 | |
| Suppliers | 440/4 | - | €1,046 | +€1,046 | |
| Taxes, remuneration and social security | 45 | - | €1,863 | +€1,863 | |
| Taxes | 450/3 | - | €1,863 | +€1,863 | |
| Other amounts payable | 47/48 | €68,061 | €53,221 | -€14,840 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,846 | €12,846 | = | 0.0% |
| Other operating charges | 640/8 | €2,935 | €3,041 | +€106 | +3.6% |
| Gross operating margin | 9900 | €19,026 | €44,888 | +€25,862 | +136% |
| Operating profit (loss) | 9901 | €3,245 | €29,001 | +€25,756 | +794% |
| Financial income | 75/76B | €80 | €80 | = | 0.0% |
| Recurring financial income | 75 | €80 | €80 | = | 0.0% |
| Financial charges | 65/66B | €6,912 | €6,684 | -€228 | -3.3% |
| Recurring financial charges | 65 | €6,912 | €6,684 | -€228 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,587 | €22,397 | +€25,984 | |
| Profit (loss) for the period | 9904 | -€3,587 | €22,397 | +€25,984 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,587 | €22,397 | +€25,984 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.