SOFACON: 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.
SOFACON
Largest movements
- Cash +€43,871
up €43,871 (+13.3%), from €330,154 to €374,025
mainly Net result for the year (+€76,450) and Depreciation (+€20,246)
- Tangible fixed assets -€19,586
down €19,586 (-21.1%), from €92,987 to €73,401
- Reserves +€76,450
up €76,450 (+15.1%), from €504,816 to €581,266
of which Distributable reserves: +€76,450
- Other debts -€43,925
down €43,925 (-27.3%), from €161,029 to €117,104
- Gross operating margin +€10,806
up €10,806 (+9.4%), from €115,569 to €126,375
- Taxes +€3,532
up €3,532 (+13.6%), from €25,999 to €29,531
- Financial charges -€1,520
down €1,520 (-22.0%), from €6,922 to €5,403
- Financial income -€1,466
down €1,466 (-18.3%), from €8,011 to €6,545
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 | €713,857 | €740,525 | +€26,668 | +3.7% |
| Fixed assets | 21/28 | €92,987 | €73,401 | -€19,586 | -21.1% |
| Tangible fixed assets | 22/27 | €92,987 | €73,401 | -€19,586 | -21.1% |
| Land and buildings | 22 | €76,711 | €67,022 | -€9,690 | -12.6% |
| Plant, machinery and equipment | 23 | €7,653 | €6,379 | -€1,274 | -16.6% |
| Furniture and vehicles | 24 | €8,622 | - | -€8,622 | |
| Current assets | 29/58 | €620,870 | €667,124 | +€46,254 | +7.4% |
| Stocks and contracts in progress | 3 | €4,386 | €4,851 | +€465 | +10.6% |
| Stocks | 30/36 | €4,386 | €4,851 | +€465 | +10.6% |
| Amounts receivable within one year | 40/41 | €489 | - | -€489 | |
| Trade receivables | 40 | €489 | - | -€489 | |
| Current investments | 50/53 | €285,842 | €288,248 | +€2,406 | +0.8% |
| Cash at bank and in hand | 54/58 | €330,154 | €374,025 | +€43,871 | +13.3% |
| Total equity and liabilities | 10/49 | €713,857 | €740,525 | +€26,668 | +3.7% |
| Equity | 10/15 | €531,816 | €608,266 | +€76,450 | +14.4% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €504,816 | €581,266 | +€76,450 | +15.1% |
| Tax-exempt reserves | 132 | €40,750 | €40,750 | = | 0.0% |
| Distributable reserves | 133 | €464,066 | €540,516 | +€76,450 | +16.5% |
| Amounts payable | 17/49 | €182,042 | €132,259 | -€49,782 | -27.3% |
| Amounts payable within one year | 42/48 | €181,694 | €131,912 | -€49,782 | -27.4% |
| Trade debts | 44 | €1,946 | €1,061 | -€885 | -45.5% |
| Suppliers | 440/4 | €1,946 | €1,061 | -€885 | -45.5% |
| Taxes, remuneration and social security | 45 | €18,719 | €13,747 | -€4,972 | -26.6% |
| Taxes | 450/3 | €18,719 | €13,747 | -€4,972 | -26.6% |
| Other amounts payable | 47/48 | €161,029 | €117,104 | -€43,925 | -27.3% |
| Accrued charges and deferred income | 492/3 | €348 | €348 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,517 | €20,246 | -€271 | -1.3% |
| Other operating charges | 640/8 | €1,975 | €1,290 | -€685 | -34.7% |
| Gross operating margin | 9900 | €115,569 | €126,375 | +€10,806 | +9.4% |
| Operating profit (loss) | 9901 | €93,076 | €104,839 | +€11,763 | +12.6% |
| Financial income | 75/76B | €8,011 | €6,545 | -€1,466 | -18.3% |
| Recurring financial income | 75 | €8,011 | €6,545 | -€1,466 | -18.3% |
| Financial charges | 65/66B | €6,922 | €5,403 | -€1,520 | -22.0% |
| Recurring financial charges | 65 | €6,922 | €5,403 | -€1,520 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €94,165 | €105,981 | +€11,817 | +12.5% |
| Income taxes | 67/77 | €25,999 | €29,531 | +€3,532 | +13.6% |
| Profit (loss) for the period | 9904 | €68,166 | €76,450 | +€8,284 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,166 | €76,450 | +€8,284 | +12.2% |
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 10 October 2026 via checked.be.