SOFALP: 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.
SOFALP
Largest movements
- Receivables within one year -€117,718
down €117,718 (-2.7%), from €4.3m to €4.2m
of which Other amounts receivable: -€124,028
- Cash +€79,228
up €79,228 (+104%), from €76,165 to €155,394
mainly Receivables within one year (+€117,718) and Other debts (+€58,782)
- Profit (loss) carried forward -€86,592
down €86,592 (-2.5%), from €3.5m to €3.4m
- Other debts +€58,782
up €58,782 (+78.3%), from €75,095 to €133,877
- Financial income -€60,477
down €60,477 (-53.0%), from €114,013 to €53,537
- Taxes -€13,602
down €13,602 (-51.5%), from €26,395 to €12,792
- Gross operating margin +€7,315
up €7,315 (+54.2%), from -€13,488 to -€6,173
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 | €4,468,110 | €4,430,890 | -€37,219 | -0.8% |
| Fixed assets | 21/28 | €2,149 | €2,149 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,966 | €1,966 | = | 0.0% |
| Furniture and vehicles | 24 | €1,966 | €1,966 | = | 0.0% |
| Financial fixed assets | 28 | €183 | €183 | = | 0.0% |
| Current assets | 29/58 | €4,465,960 | €4,428,741 | -€37,219 | -0.8% |
| Amounts receivable within one year | 40/41 | €4,348,555 | €4,230,837 | -€117,718 | -2.7% |
| Trade receivables | 40 | €7,723 | €14,034 | +€6,310 | +81.7% |
| Other amounts receivable | 41 | €4,340,832 | €4,216,804 | -€124,028 | -2.9% |
| Current investments | 50/53 | €36,988 | €36,988 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €76,165 | €155,394 | +€79,228 | +104% |
| Deferred charges and accrued income | 490/1 | €4,252 | €5,523 | +€1,271 | +29.9% |
| Total equity and liabilities | 10/49 | €4,468,110 | €4,430,890 | -€37,219 | -0.8% |
| Equity | 10/15 | €4,375,646 | €4,289,054 | -€86,592 | -2.0% |
| Contributions | 10/11 | €818,600 | €818,600 | = | 0.0% |
| Capital | 10 | €818,600 | €818,600 | = | 0.0% |
| Issued capital | 100 | €818,600 | €818,600 | = | 0.0% |
| Reserves | 13 | €81,860 | €81,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €81,860 | €81,860 | = | 0.0% |
| Legal reserve | 130 | €81,860 | €81,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,475,186 | €3,388,594 | -€86,592 | -2.5% |
| Amounts payable | 17/49 | €92,463 | €141,836 | +€49,373 | +53.4% |
| Amounts payable within one year | 42/48 | €92,463 | €141,836 | +€49,373 | +53.4% |
| Trade debts | 44 | €221 | €3,958 | +€3,738 | +1,694% |
| Suppliers | 440/4 | €221 | €3,958 | +€3,738 | +1,694% |
| Taxes, remuneration and social security | 45 | €17,148 | €4,001 | -€13,146 | -76.7% |
| Taxes | 450/3 | €17,148 | €4,001 | -€13,146 | -76.7% |
| Other amounts payable | 47/48 | €75,095 | €133,877 | +€58,782 | +78.3% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€13,488 | -€6,173 | +€7,315 | +54.2% |
| Operating profit (loss) | 9901 | -€14,455 | -€7,171 | +€7,284 | +50.4% |
| Financial income | 75/76B | €114,013 | €53,537 | -€60,477 | -53.0% |
| Recurring financial income | 75 | €114,013 | €53,537 | -€60,477 | -53.0% |
| Financial charges | 65/66B | €78 | €165 | +€87 | +110% |
| Recurring financial charges | 65 | €78 | €165 | +€87 | +110% |
| Profit (loss) for the period before taxes | 9903 | €99,480 | €46,200 | -€53,279 | -53.6% |
| Income taxes | 67/77 | €26,395 | €12,792 | -€13,602 | -51.5% |
| Profit (loss) for the period | 9904 | €73,085 | €33,408 | -€39,677 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €73,085 | €33,408 | -€39,677 | -54.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.