SOFALCO: what changed
SOFALCO
Largest movements
- Cash +€212,965
up €212,965 (+460%), from €46,271 to €259,236
mainly Other debts (+€155,619) and Receivables within one year (+€125,613)
- Receivables within one year -€125,613
down €125,613 (-78.1%), from €160,921 to €35,308
of which Other amounts receivable: -€128,915
- Tangible fixed assets +€20,366
up €20,366 (+5,354%), from €380 to €20,747
- Other debts +€155,619
up €155,619 (+28,294,335%), from €1 to €155,619
- Reserves -€46,906
down €46,906 (-25.7%), from €182,643 to €135,736
- Gross operating margin -€14,145
down €14,145 (-35.1%), from €40,320 to €26,174
- Taxes -€5,891
down €5,891 (-41.0%), from €14,366 to €8,474
- Financial income -€4,780
down €4,780 (-70.4%), from €6,794 to €2,014
- Financial charges +€601
up €601 (+1,540%), from €39 to €640
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,572 | €315,291 | +€107,718 | +51.9% |
| Fixed assets | 21/28 | €380 | €20,747 | +€20,366 | +5,354% |
| Tangible fixed assets | 22/27 | €380 | €20,747 | +€20,366 | +5,354% |
| Furniture and vehicles | 24 | €380 | €20,747 | +€20,366 | +5,354% |
| Current assets | 29/58 | €207,192 | €294,544 | +€87,352 | +42.2% |
| Amounts receivable within one year | 40/41 | €160,921 | €35,308 | -€125,613 | -78.1% |
| Trade receivables | 40 | €8,972 | €12,274 | +€3,302 | +36.8% |
| Other amounts receivable | 41 | €151,949 | €23,034 | -€128,915 | -84.8% |
| Cash at bank and in hand | 54/58 | €46,271 | €259,236 | +€212,965 | +460% |
| Total equity and liabilities | 10/49 | €207,572 | €315,291 | +€107,718 | +51.9% |
| Equity | 10/15 | €203,103 | €156,196 | -€46,906 | -23.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €182,643 | €135,736 | -€46,906 | -25.7% |
| Distributable reserves | 133 | €182,643 | €135,736 | -€46,906 | -25.7% |
| Amounts payable | 17/49 | €4,470 | €159,094 | +€154,625 | +3,459% |
| Amounts payable within one year | 42/48 | €4,470 | €159,094 | +€154,625 | +3,459% |
| Trade debts | 44 | €984 | €2,320 | +€1,337 | +136% |
| Suppliers | 440/4 | €984 | €2,320 | +€1,337 | +136% |
| Taxes, remuneration and social security | 45 | €3,485 | €1,154 | -€2,331 | -66.9% |
| Taxes | 450/3 | €3,485 | €1,154 | -€2,331 | -66.9% |
| Other amounts payable | 47/48 | €1 | €155,619 | +€155,619 | +28,294,335% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €599 | €331 | -€268 | -44.7% |
| Other operating charges | 640/8 | €513 | €649 | +€135 | +26.4% |
| Gross operating margin | 9900 | €40,320 | €26,174 | -€14,145 | -35.1% |
| Operating profit (loss) | 9901 | €39,207 | €25,194 | -€14,013 | -35.7% |
| Financial income | 75/76B | €6,794 | €2,014 | -€4,780 | -70.4% |
| Recurring financial income | 75 | €6,794 | €2,014 | -€4,780 | -70.4% |
| Financial charges | 65/66B | €39 | €640 | +€601 | +1,540% |
| Recurring financial charges | 65 | €39 | €640 | +€601 | +1,540% |
| Profit (loss) for the period before taxes | 9903 | €45,962 | €26,568 | -€19,394 | -42.2% |
| Income taxes | 67/77 | €14,366 | €8,474 | -€5,891 | -41.0% |
| Profit (loss) for the period | 9904 | €31,596 | €18,094 | -€13,502 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,596 | €18,094 | -€13,502 | -42.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.