SOFAGRI: 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.
SOFAGRI
Largest movements
- Tangible fixed assets +€193,173
up €193,173 (+21.8%), from €886,303 to €1.1m
of which Plant, machinery and equipment: +€219,528
- Cash +€89,200
up €89,200 (+105.3%), from €84,716 to €173,916
mainly Depreciation (+€228,977) and Debts after one year (+€149,167)
- Receivables within one year +€25,727
up €25,727 (+13.5%), from €190,022 to €215,749
of which Trade receivables: +€54,283
- Debts after one year +€149,167
up €149,167 (+36.0%), from €413,889 to €563,055
- Current portion of long-term debt +€86,000
up €86,000 (+49.6%), from €173,333 to €259,333
- Reserves +€61,321
up €61,321 (+108.4%), from €56,547 to €117,868
of which Tax-exempt reserves: +€61,321
- Trade debts -€25,081
down €25,081 (-25.2%), from €99,576 to €74,495
- Provisions +€20,440
up €20,440 (+112.4%), from €18,182 to €38,623
- Gross operating margin +€146,131
up €146,131 (+64.0%), from €228,221 to €374,352
- Other operating charges +€31,548
up €31,548 (+4721.2%), from €668 to €32,216
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 | €1,173,806 | €1,470,492 | +€296,686 | +25.3% |
| Fixed assets | 21/28 | €886,303 | €1,079,476 | +€193,173 | +21.8% |
| Tangible fixed assets | 22/27 | €886,303 | €1,079,476 | +€193,173 | +21.8% |
| Plant, machinery and equipment | 23 | €604,622 | €824,150 | +€219,528 | +36.3% |
| Furniture and vehicles | 24 | €281,681 | €255,326 | -€26,355 | -9.4% |
| Current assets | 29/58 | €287,503 | €391,016 | +€103,513 | +36.0% |
| Stocks and contracts in progress | 3 | €12,765 | €1,351 | -€11,414 | -89.4% |
| Stocks | 30/36 | €12,765 | €1,351 | -€11,414 | -89.4% |
| Amounts receivable within one year | 40/41 | €190,022 | €215,749 | +€25,727 | +13.5% |
| Trade receivables | 40 | €157,202 | €211,485 | +€54,283 | +34.5% |
| Other amounts receivable | 41 | €32,820 | €4,264 | -€28,556 | -87.0% |
| Cash at bank and in hand | 54/58 | €84,716 | €173,916 | +€89,200 | +105.3% |
| Total equity and liabilities | 10/49 | €1,173,806 | €1,470,492 | +€296,686 | +25.3% |
| Equity | 10/15 | €228,617 | €304,777 | +€76,160 | +33.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €56,547 | €117,868 | +€61,321 | +108.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,547 | €115,868 | +€61,321 | +112.4% |
| Profit (loss) carried forward | 14 | €150,553 | €166,909 | +€16,356 | +10.9% |
| Investment grants | 15 | €1,517 | - | -€1,517 | |
| Provisions and deferred taxes | 16 | €18,182 | €38,623 | +€20,440 | +112.4% |
| Deferred taxes | 168 | €18,182 | €38,623 | +€20,440 | +112.4% |
| Amounts payable | 17/49 | €927,007 | €1,127,093 | +€200,086 | +21.6% |
| Amounts payable after more than one year | 17 | €413,889 | €563,055 | +€149,167 | +36.0% |
| Financial debts | 170/4 | €413,889 | €563,055 | +€149,167 | +36.0% |
| Amounts payable within one year | 42/48 | €513,118 | €564,038 | +€50,919 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €173,333 | €259,333 | +€86,000 | +49.6% |
| Trade debts | 44 | €99,576 | €74,495 | -€25,081 | -25.2% |
| Suppliers | 440/4 | €99,576 | €74,495 | -€25,081 | -25.2% |
| Other amounts payable | 47/48 | €240,209 | €230,209 | -€10,000 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228,454 | €228,977 | +€523 | +0.2% |
| Other operating charges | 640/8 | €668 | €32,216 | +€31,548 | +4721.2% |
| Gross operating margin | 9900 | €228,221 | €374,352 | +€146,131 | +64.0% |
| Operating profit (loss) | 9901 | -€901 | €113,159 | +€114,060 | |
| Financial income | 75/76B | €1,517 | €1,517 | = | 0.0% |
| Recurring financial income | 75 | €1,517 | €1,517 | = | 0.0% |
| Financial charges | 65/66B | €13,418 | €16,559 | +€3,141 | +23.4% |
| Recurring financial charges | 65 | €13,418 | €16,559 | +€3,141 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,802 | €98,117 | +€110,919 | |
| Transfer from deferred taxes | 780 | €5,592 | €8,738 | +€3,146 | +56.3% |
| Transfer to deferred taxes | 680 | - | €29,179 | +€29,179 | |
| Profit (loss) for the period | 9904 | -€7,210 | €77,677 | +€84,887 | |
| Transfer from tax-exempt reserves | 789 | €16,776 | €26,214 | +€9,439 | +56.3% |
| Transfer to tax-exempt reserves | 689 | - | €87,536 | +€87,536 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,566 | €16,356 | +€6,790 | +71.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.