Sofarma: 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.
Sofarma
Largest movements
- Tangible fixed assets -€46,886
down €46,886 (-5.7%), from €819,665 to €772,780
of which Land and buildings: -€31,422
- Debts after one year -€76,478
down €76,478 (-17.2%), from €444,857 to €368,379
- Reserves +€32,289
up €32,289 (+10.5%), from €307,248 to €339,537
of which Distributable reserves: +€32,289
- Gross operating margin -€78,791
down €78,791 (-34.6%), from €227,399 to €148,608
- Taxes -€24,162
down €24,162 (-65.2%), from €37,054 to €12,892
- Depreciation +€7,548
up €7,548 (+16.7%), from €45,109 to €52,656
- Financial charges -€5,952
down €5,952 (-12.0%), from €49,660 to €43,708
of which Non-recurring financial charges: -€7,118
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 | €2,273,252 | €2,231,464 | -€41,788 | -1.8% |
| Fixed assets | 21/28 | €2,245,798 | €2,198,912 | -€46,886 | -2.1% |
| Tangible fixed assets | 22/27 | €819,665 | €772,780 | -€46,886 | -5.7% |
| Land and buildings | 22 | €752,042 | €720,620 | -€31,422 | -4.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €67,623 | €52,159 | -€15,464 | -22.9% |
| Financial fixed assets | 28 | €1,426,132 | €1,426,132 | = | 0.0% |
| Current assets | 29/58 | €27,454 | €32,552 | +€5,097 | +18.6% |
| Amounts receivable within one year | 40/41 | €12,785 | €12,188 | -€597 | -4.7% |
| Trade receivables | 40 | €12,705 | - | -€12,705 | |
| Other amounts receivable | 41 | €80 | €12,188 | +€12,108 | +15134.9% |
| Cash at bank and in hand | 54/58 | €8,239 | €9,746 | +€1,507 | +18.3% |
| Deferred charges and accrued income | 490/1 | €6,430 | €10,618 | +€4,188 | +65.1% |
| Total equity and liabilities | 10/49 | €2,273,252 | €2,231,464 | -€41,788 | -1.8% |
| Equity | 10/15 | €980,470 | €1,012,760 | +€32,289 | +3.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €307,248 | €339,537 | +€32,289 | +10.5% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €287,248 | €319,537 | +€32,289 | +11.2% |
| Profit (loss) carried forward | 14 | €473,223 | €473,223 | = | 0.0% |
| Amounts payable | 17/49 | €1,292,782 | €1,218,705 | -€74,077 | -5.7% |
| Amounts payable after more than one year | 17 | €444,857 | €368,379 | -€76,478 | -17.2% |
| Financial debts | 170/4 | €444,857 | €368,379 | -€76,478 | -17.2% |
| Amounts payable within one year | 42/48 | €830,778 | €829,013 | -€1,766 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €74,405 | €76,478 | +€2,073 | +2.8% |
| Trade debts | 44 | €6,773 | €5,712 | -€1,061 | -15.7% |
| Suppliers | 440/4 | €6,773 | €5,712 | -€1,061 | -15.7% |
| Taxes, remuneration and social security | 45 | €17,617 | €12,146 | -€5,471 | -31.1% |
| Taxes | 450/3 | €14,981 | €9,491 | -€5,489 | -36.6% |
| Remuneration and social security | 454/9 | €2,636 | €2,654 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €731,984 | €734,678 | +€2,694 | +0.4% |
| Accrued charges and deferred income | 492/3 | €17,146 | €21,312 | +€4,166 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,109 | €52,656 | +€7,548 | +16.7% |
| Other operating charges | 640/8 | €6,642 | €7,062 | +€421 | +6.3% |
| Gross operating margin | 9900 | €227,399 | €148,608 | -€78,791 | -34.6% |
| Operating profit (loss) | 9901 | €175,649 | €88,889 | -€86,759 | -49.4% |
| Financial charges | 65/66B | €49,660 | €43,708 | -€5,952 | -12.0% |
| Recurring financial charges | 65 | €42,542 | €43,708 | +€1,166 | +2.7% |
| Non-recurring financial charges | 66B | €7,118 | - | -€7,118 | |
| Profit (loss) for the period before taxes | 9903 | €125,989 | €45,181 | -€80,808 | -64.1% |
| Income taxes | 67/77 | €37,054 | €12,892 | -€24,162 | -65.2% |
| Profit (loss) for the period | 9904 | €88,935 | €32,289 | -€56,646 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,935 | €32,289 | -€56,646 | -63.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.