SOFBEN: 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.
SOFBEN
Largest movements
- Receivables within one year +€20,764
up €20,764 (+20.9%), from €99,354 to €120,118
of which Trade receivables: +€10,865
- Cash +€17,579
up €17,579 (+60.4%), from €29,127 to €46,706
mainly Net result for the year (+€31,984) and Depreciation (+€23,706)
- Tangible fixed assets +€7,197
up €7,197 (+8.3%), from €86,745 to €93,942
of which Furniture and vehicles: +€24,776
- Receivables after one year -€4,377
down €4,377 (-6.7%), from €65,771 to €61,393
- Reserves +€31,984
up €31,984 (+22.3%), from €143,677 to €175,660
of which Distributable reserves: +€31,984
- Trade debts +€11,999
up €11,999 (+132.8%), from €9,038 to €21,037
- Current portion of long-term debt +€11,242
up €11,242 (+73.5%), from €15,297 to €26,540
- Other debts -€7,006
down €7,006 (-100.0%), from €7,006 to €0
- Tax, wage and social debts -€6,818
down €6,818 (-37.5%), from €18,173 to €11,355
of which Remuneration and social security: -€5,400
- Depreciation +€16,130
up €16,130 (+212.9%), from €7,576 to €23,706
- Gross operating margin -€4,728
down €4,728 (-5.8%), from €81,556 to €76,827
- Taxes -€4,188
down €4,188 (-22.4%), from €18,673 to €14,485
- Financial charges +€2,590
up €2,590 (+100.7%), from €2,572 to €5,162
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 | €285,420 | €327,149 | +€41,729 | +14.6% |
| Fixed assets | 21/28 | €86,745 | €93,942 | +€7,197 | +8.3% |
| Tangible fixed assets | 22/27 | €86,745 | €93,942 | +€7,197 | +8.3% |
| Plant, machinery and equipment | 23 | €726 | €1,339 | +€613 | +84.4% |
| Furniture and vehicles | 24 | €2,216 | €26,992 | +€24,776 | +1118.0% |
| Leasing and similar rights | 25 | €83,803 | €65,611 | -€18,192 | -21.7% |
| Current assets | 29/58 | €198,675 | €233,207 | +€34,532 | +17.4% |
| Amounts receivable after more than one year | 29 | €65,771 | €61,393 | -€4,377 | -6.7% |
| Other amounts receivable | 291 | €65,771 | €61,393 | -€4,377 | -6.7% |
| Amounts receivable within one year | 40/41 | €99,354 | €120,118 | +€20,764 | +20.9% |
| Trade receivables | 40 | €10,552 | €21,416 | +€10,865 | +103.0% |
| Other amounts receivable | 41 | €88,802 | €98,701 | +€9,899 | +11.1% |
| Cash at bank and in hand | 54/58 | €29,127 | €46,706 | +€17,579 | +60.4% |
| Deferred charges and accrued income | 490/1 | €4,424 | €4,990 | +€566 | +12.8% |
| Total equity and liabilities | 10/49 | €285,420 | €327,149 | +€41,729 | +14.6% |
| Equity | 10/15 | €174,663 | €206,647 | +€31,984 | +18.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €143,677 | €175,660 | +€31,984 | +22.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €66 | €66 | = | 0.0% |
| Distributable reserves | 133 | €143,611 | €175,595 | +€31,984 | +22.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €110,757 | €120,502 | +€9,745 | +8.8% |
| Amounts payable after more than one year | 17 | €61,049 | €61,373 | +€323 | +0.5% |
| Financial debts | 170/4 | €61,049 | €61,373 | +€323 | +0.5% |
| Amounts payable within one year | 42/48 | €49,514 | €58,932 | +€9,418 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €15,297 | €26,540 | +€11,242 | +73.5% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €9,038 | €21,037 | +€11,999 | +132.8% |
| Suppliers | 440/4 | €9,038 | €21,037 | +€11,999 | +132.8% |
| Taxes, remuneration and social security | 45 | €18,173 | €11,355 | -€6,818 | -37.5% |
| Taxes | 450/3 | €12,773 | €11,355 | -€1,418 | -11.1% |
| Remuneration and social security | 454/9 | €5,400 | €0 | -€5,400 | -100.0% |
| Other amounts payable | 47/48 | €7,006 | €0 | -€7,006 | -100.0% |
| Accrued charges and deferred income | 492/3 | €194 | €198 | +€5 | +2.3% |
| Non-recurring operating income | 76A | - | €801 | +€801 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,576 | €23,706 | +€16,130 | +212.9% |
| Other operating charges | 640/8 | €2,958 | €3,295 | +€337 | +11.4% |
| Gross operating margin | 9900 | €81,556 | €76,827 | -€4,728 | -5.8% |
| Operating profit (loss) | 9901 | €71,022 | €49,827 | -€21,195 | -29.8% |
| Financial income | 75/76B | €1,499 | €1,803 | +€305 | +20.3% |
| Recurring financial income | 75 | €1,499 | €1,803 | +€305 | +20.3% |
| Financial charges | 65/66B | €2,572 | €5,162 | +€2,590 | +100.7% |
| Recurring financial charges | 65 | €2,572 | €5,162 | +€2,590 | +100.7% |
| Profit (loss) for the period before taxes | 9903 | €69,948 | €46,469 | -€23,480 | -33.6% |
| Income taxes | 67/77 | €18,673 | €14,485 | -€4,188 | -22.4% |
| Profit (loss) for the period | 9904 | €51,275 | €31,984 | -€19,292 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,275 | €31,984 | -€19,292 | -37.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.