SOFALO: 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.
SOFALO
Largest movements
- Tangible fixed assets +€15,717
up €15,717 (+260.5%), from €6,033 to €21,750
of which Furniture and vehicles: +€16,690
- Cash +€12,989
up €12,989 (+208.1%), from €6,241 to €19,230
mainly Current portion of long-term debt (+€12,629) and Tax, wage and social debts (+€12,290)
- Financial fixed assets +€5,000
up €5,000 (+76.9%), from €6,500 to €11,500
- Receivables within one year -€2,767
no longer reported in 2025 (was €2,767)
- Stocks and contracts -€1,928
down €1,928 (-43.2%), from €4,466 to €2,538
- Current portion of long-term debt +€12,629
new in 2025: €12,629
- Tax, wage and social debts +€12,290
up €12,290 (+30.6%), from €40,109 to €52,399
of which Remuneration and social security: +€9,390
- Other debts +€8,863
new in 2025: €8,863
- Profit (loss) carried forward -€6,973
down €6,973 (-19.1%), from -€36,487 to -€43,461
- Trade debts +€4,950
up €4,950 (+477.9%), from €1,036 to €5,986
- Gross operating margin +€24,541
up €24,541 (+18.6%), from €131,893 to €156,434
- Staff costs +€19,167
up €19,167 (+14.5%), from €132,555 to €151,722
- Financial charges +€3,322
up €3,322 (+130.0%), from €2,556 to €5,878
- Depreciation +€2,186
up €2,186 (+92.1%), from €2,373 to €4,559
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 | €26,006 | €55,017 | +€29,011 | +111.6% |
| Fixed assets | 21/28 | €12,533 | €33,250 | +€20,717 | +165.3% |
| Tangible fixed assets | 22/27 | €6,033 | €21,750 | +€15,717 | +260.5% |
| Plant, machinery and equipment | 23 | €3,791 | €3,565 | -€226 | -6.0% |
| Furniture and vehicles | 24 | - | €16,690 | +€16,690 | |
| Other tangible fixed assets | 26 | €2,242 | €1,495 | -€747 | -33.3% |
| Financial fixed assets | 28 | €6,500 | €11,500 | +€5,000 | +76.9% |
| Current assets | 29/58 | €13,473 | €21,768 | +€8,294 | +61.6% |
| Stocks and contracts in progress | 3 | €4,466 | €2,538 | -€1,928 | -43.2% |
| Stocks | 30/36 | €4,466 | €2,538 | -€1,928 | -43.2% |
| Amounts receivable within one year | 40/41 | €2,767 | - | -€2,767 | |
| Other amounts receivable | 41 | €2,767 | - | -€2,767 | |
| Cash at bank and in hand | 54/58 | €6,241 | €19,230 | +€12,989 | +208.1% |
| Total equity and liabilities | 10/49 | €26,006 | €55,017 | +€29,011 | +111.6% |
| Equity | 10/15 | -€17,887 | -€24,861 | -€6,973 | -39.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,487 | -€43,461 | -€6,973 | -19.1% |
| Amounts payable | 17/49 | €43,893 | €79,878 | +€35,985 | +82.0% |
| Amounts payable within one year | 42/48 | €41,145 | €79,878 | +€38,733 | +94.1% |
| Current portion of amounts payable after more than one year | 42 | - | €12,629 | +€12,629 | |
| Trade debts | 44 | €1,036 | €5,986 | +€4,950 | +477.9% |
| Suppliers | 440/4 | €1,036 | €5,986 | +€4,950 | +477.9% |
| Taxes, remuneration and social security | 45 | €40,109 | €52,399 | +€12,290 | +30.6% |
| Taxes | 450/3 | €21,453 | €24,354 | +€2,900 | +13.5% |
| Remuneration and social security | 454/9 | €18,656 | €28,046 | +€9,390 | +50.3% |
| Other amounts payable | 47/48 | - | €8,863 | +€8,863 | |
| Accrued charges and deferred income | 492/3 | €2,748 | - | -€2,748 | |
| Remuneration, social security and pensions | 62 | €132,555 | €151,722 | +€19,167 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,373 | €4,559 | +€2,186 | +92.1% |
| Other operating charges | 640/8 | €1,517 | €1,208 | -€309 | -20.4% |
| Gross operating margin | 9900 | €131,893 | €156,434 | +€24,541 | +18.6% |
| Operating profit (loss) | 9901 | -€4,552 | -€1,055 | +€3,497 | +76.8% |
| Financial income | 75/76B | €545 | - | -€545 | |
| Recurring financial income | 75 | €545 | - | -€545 | |
| Financial charges | 65/66B | €2,556 | €5,878 | +€3,322 | +130.0% |
| Recurring financial charges | 65 | €2,556 | €5,878 | +€3,322 | +130.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,563 | -€6,933 | -€370 | -5.6% |
| Income taxes | 67/77 | - | €41 | +€41 | |
| Profit (loss) for the period | 9904 | -€6,563 | -€6,973 | -€410 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,563 | -€6,973 | -€410 | -6.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.