SOFANIE: 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.
SOFANIE
Largest movements
- Current investments +€500,000
new in 2024: €500,000
- Financial fixed assets -€286,000
no longer reported in 2024 (was €286,000)
- Receivables within one year -€115,999
down €115,999 (-94.9%), from €122,213 to €6,214
of which Trade receivables: -€69,456
- Cash +€68,960
up €68,960 (+1,959,084%), from €4 to €68,963
mainly Investment in fixed assets (net) (+€284,633) and Net result for the year (+€280,095)
- Reserves +€280,000
up €280,000 (+276%), from €101,582 to €381,582
- Other debts -€123,739
no longer reported in 2024 (was €123,739)
- Tax, wage and social debts +€13,028
up €13,028 (+85.7%), from €15,206 to €28,234
- Financial income +€329,354
up €329,354 (+1,579%), from €20,863 to €350,217
- Gross operating margin -€57,412
down €57,412, from €17,798 to -€39,614
- Taxes +€20,311
up €20,311 (+264%), from €7,689 to €28,000
- Financial charges +€1,890
up €1,890 (+728%), from €259 to €2,149
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €519,713 | €687,981 | +€168,268 | +32.4% |
| Fixed assets | 21/28 | €397,496 | €112,804 | -€284,692 | -71.6% |
| Tangible fixed assets | 22/27 | €111,496 | €112,804 | +€1,308 | +1.2% |
| Land and buildings | 22 | €111,496 | €111,496 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €601 | +€601 | |
| Furniture and vehicles | 24 | - | €707 | +€707 | |
| Financial fixed assets | 28 | €286,000 | - | -€286,000 | |
| Current assets | 29/58 | €122,217 | €575,177 | +€452,960 | +371% |
| Amounts receivable within one year | 40/41 | €122,213 | €6,214 | -€115,999 | -94.9% |
| Trade receivables | 40 | €69,456 | - | -€69,456 | |
| Other amounts receivable | 41 | €52,757 | €6,214 | -€46,543 | -88.2% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €4 | €68,963 | +€68,960 | +1,959,084% |
| Total equity and liabilities | 10/49 | €519,713 | €687,981 | +€168,268 | +32.4% |
| Equity | 10/15 | €378,340 | €658,434 | +€280,095 | +74.0% |
| Contributions | 10/11 | €144,563 | €144,563 | = | 0.0% |
| Reserves | 13 | €101,582 | €381,582 | +€280,000 | +276% |
| Distributable reserves | 133 | €101,582 | €381,582 | +€280,000 | +276% |
| Profit (loss) carried forward | 14 | €132,195 | €132,289 | +€95 | +0.1% |
| Amounts payable | 17/49 | €141,373 | €29,547 | -€111,826 | -79.1% |
| Amounts payable within one year | 42/48 | €140,979 | €28,337 | -€112,642 | -79.9% |
| Trade debts | 44 | €2,033 | €102 | -€1,931 | -95.0% |
| Suppliers | 440/4 | €2,033 | €102 | -€1,931 | -95.0% |
| Taxes, remuneration and social security | 45 | €15,206 | €28,234 | +€13,028 | +85.7% |
| Taxes | 450/3 | €15,206 | €28,234 | +€13,028 | +85.7% |
| Other amounts payable | 47/48 | €123,739 | - | -€123,739 | |
| Accrued charges and deferred income | 492/3 | €394 | €1,210 | +€816 | +207% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €59 | +€59 | |
| Other operating charges | 640/8 | €338 | €301 | -€37 | -10.9% |
| Gross operating margin | 9900 | €17,798 | -€39,614 | -€57,412 | |
| Operating profit (loss) | 9901 | €17,460 | -€39,974 | -€57,434 | |
| Financial income | 75/76B | €20,863 | €350,217 | +€329,354 | +1,579% |
| Recurring financial income | 75 | €20,863 | €350,217 | +€329,354 | +1,579% |
| Financial charges | 65/66B | €259 | €2,149 | +€1,890 | +728% |
| Recurring financial charges | 65 | €259 | €2,149 | +€1,890 | +728% |
| Profit (loss) for the period before taxes | 9903 | €38,064 | €308,095 | +€270,030 | +709% |
| Income taxes | 67/77 | €7,689 | €28,000 | +€20,311 | +264% |
| Profit (loss) for the period | 9904 | €30,375 | €280,095 | +€249,720 | +822% |
| Profit (loss) for the period to be appropriated | 9905 | €30,375 | €280,095 | +€249,720 | +822% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.