SOFARMEX: 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.
SOFARMEX
Largest movements
- Stocks and contracts +€1.8m
up €1.8m (+274%), from €647,729 to €2.4m
- Receivables within one year +€886,435
up €886,435 (+46.0%), from €1.9m to €2.8m
of which Other amounts receivable: +€1.7m
- Profit (loss) carried forward +€2.5m
up €2.5m (+121%), from €2.0m to €4.5m
- Trade debts +€305,966
up €305,966 (+70.7%), from €432,536 to €738,502
- Other debts -€100,473
no longer reported in 2026 (was €100,473)
- Turnover +€2.7m
up €2.7m (+9.8%), from €27.4m to €30.0m
- Goods and materials +€1.8m
up €1.8m (+7.9%), from €22.6m to €24.4m
of which Purchases: +€3.0m
- Services and other goods +€304,864
up €304,864 (+14.5%), from €2.1m to €2.4m
From the 2025 result to the 2026 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,576,349 | €5,234,932 | +€2.7m | +103% |
| Current assets | 29/58 | €2,576,349 | €5,234,932 | +€2.7m | +103% |
| Stocks and contracts in progress | 3 | €647,729 | €2,419,877 | +€1.8m | +274% |
| Stocks | 30/36 | €647,729 | €2,419,877 | +€1.8m | +274% |
| Goods purchased for resale | 34 | €647,729 | €2,419,877 | +€1.8m | +274% |
| Amounts receivable within one year | 40/41 | €1,928,620 | €2,815,055 | +€886,435 | +46.0% |
| Trade receivables | 40 | €1,482,156 | €627,757 | -€854,399 | -57.6% |
| Other amounts receivable | 41 | €446,464 | €2,187,298 | +€1.7m | +390% |
| Total equity and liabilities | 10/49 | €2,576,349 | €5,234,932 | +€2.7m | +103% |
| Equity | 10/15 | €2,043,340 | €4,496,430 | +€2.5m | +120% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,022,935 | €4,476,025 | +€2.5m | +121% |
| Amounts payable | 17/49 | €533,009 | €738,502 | +€205,493 | +38.6% |
| Amounts payable within one year | 42/48 | €533,009 | €738,502 | +€205,493 | +38.6% |
| Trade debts | 44 | €432,536 | €738,502 | +€305,966 | +70.7% |
| Suppliers | 440/4 | €432,536 | €738,502 | +€305,966 | +70.7% |
| Other amounts payable | 47/48 | €100,473 | - | -€100,473 | |
| Operating income | 70/76A | €27,359,485 | €30,041,151 | +€2.7m | +9.8% |
| Turnover | 70 | €27,359,485 | €30,041,151 | +€2.7m | +9.8% |
| Operating charges | 60/66A | €24,725,029 | €26,792,476 | +€2.1m | +8.4% |
| Goods for resale, raw materials and consumables | 60 | €22,590,355 | €24,367,335 | +€1.8m | +7.9% |
| Purchases | 600/8 | €23,173,667 | €26,158,794 | +€3.0m | +12.9% |
| Change in stocks: decrease (increase) | 609 | -€583,312 | -€1,791,459 | -€1.2m | -207% |
| Services and other goods | 61 | €2,099,677 | €2,404,541 | +€304,864 | +14.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,890 | €19,311 | -€14,579 | -43.0% |
| Other operating charges | 640/8 | €1,107 | €1,289 | +€182 | +16.4% |
| Operating profit (loss) | 9901 | €2,634,456 | €3,248,675 | +€614,219 | +23.3% |
| Financial income | 75/76B | €4,179 | €24,453 | +€20,274 | +485% |
| Recurring financial income | 75 | €4,166 | €24,453 | +€20,287 | +487% |
| Income from financial fixed assets | 750 | €3,030 | €23,921 | +€20,891 | +689% |
| Other financial income | 752/9 | €1,136 | €532 | -€604 | -53.2% |
| Non-recurring financial income | 76B | €13 | - | -€13 | |
| Financial charges | 65/66B | €32,387 | €2,294 | -€30,093 | -92.9% |
| Recurring financial charges | 65 | €32,296 | €2,279 | -€30,017 | -92.9% |
| Debt charges | 650 | €32,296 | €2,279 | -€30,017 | -92.9% |
| Non-recurring financial charges | 66B | €91 | €15 | -€76 | -83.5% |
| Profit (loss) for the period before taxes | 9903 | €2,606,248 | €3,270,834 | +€664,586 | +25.5% |
| Income taxes | 67/77 | €651,637 | €817,745 | +€166,108 | +25.5% |
| Taxes | 670/3 | €651,637 | €817,745 | +€166,108 | +25.5% |
| Profit (loss) for the period | 9904 | €1,954,611 | €2,453,089 | +€498,478 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,954,611 | €2,453,089 | +€498,478 | +25.5% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.