SOFCIN: 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.
SOFCIN
Largest movements
- Cash -€34,984
down €34,984 (-30.5%), from €114,577 to €79,593
mainly Other debts (-€24,000) and Debts after one year (-€21,839)
- Tangible fixed assets -€31,684
down €31,684 (-24.8%), from €127,688 to €96,004
- Stocks and contracts -€4,348
down €4,348 (-27.5%), from €15,787 to €11,439
- Receivables within one year +€4,317
up €4,317 (+89.2%), from €4,839 to €9,156
of which Trade receivables: +€4,082
- Other debts -€24,000
down €24,000 (-98.6%), from €24,351 to €351
- Debts after one year -€21,839
down €21,839 (-21.6%), from €101,272 to €79,433
- Trade debts -€20,089
down €20,089 (-51.4%), from €39,103 to €19,014
- Profit (loss) carried forward -€10,624
new in 2025: -€10,624
- Tax, wage and social debts +€5,503
up €5,503 (+61.1%), from €9,002 to €14,505
of which Remuneration and social security: +€4,493
- Staff costs +€52,841
up €52,841 (+2998.9%), from €1,762 to €54,603
- Taxes -€3,907
no longer reported in 2025 (was €3,907)
- Depreciation +€2,717
up €2,717 (+7.4%), from €36,552 to €39,269
- Gross operating margin +€2,419
up €2,419 (+2.4%), from €98,853 to €101,272
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 | €277,891 | €211,192 | -€66,699 | -24.0% |
| Fixed assets | 21/28 | €142,688 | €111,004 | -€31,684 | -22.2% |
| Tangible fixed assets | 22/27 | €127,688 | €96,004 | -€31,684 | -24.8% |
| Plant, machinery and equipment | 23 | €127,688 | €96,004 | -€31,684 | -24.8% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €135,203 | €100,188 | -€35,015 | -25.9% |
| Stocks and contracts in progress | 3 | €15,787 | €11,439 | -€4,348 | -27.5% |
| Stocks | 30/36 | €15,787 | €11,439 | -€4,348 | -27.5% |
| Amounts receivable within one year | 40/41 | €4,839 | €9,156 | +€4,317 | +89.2% |
| Trade receivables | 40 | €3,043 | €7,125 | +€4,082 | +134.1% |
| Other amounts receivable | 41 | €1,796 | €2,031 | +€235 | +13.1% |
| Cash at bank and in hand | 54/58 | €114,577 | €79,593 | -€34,984 | -30.5% |
| Total equity and liabilities | 10/49 | €277,891 | €211,192 | -€66,699 | -24.0% |
| Equity | 10/15 | €76,785 | €66,161 | -€10,624 | -13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,585 | €70,585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €68,725 | €68,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,624 | -€10,624 | |
| Amounts payable | 17/49 | €201,106 | €145,031 | -€56,075 | -27.9% |
| Amounts payable after more than one year | 17 | €101,272 | €79,433 | -€21,839 | -21.6% |
| Financial debts | 170/4 | €101,272 | €79,433 | -€21,839 | -21.6% |
| Amounts payable within one year | 42/48 | €91,477 | €54,785 | -€36,692 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €19,021 | €20,915 | +€1,894 | +10.0% |
| Trade debts | 44 | €39,103 | €19,014 | -€20,089 | -51.4% |
| Suppliers | 440/4 | €39,103 | €19,014 | -€20,089 | -51.4% |
| Taxes, remuneration and social security | 45 | €9,002 | €14,505 | +€5,503 | +61.1% |
| Taxes | 450/3 | €9,002 | €10,012 | +€1,010 | +11.2% |
| Remuneration and social security | 454/9 | - | €4,493 | +€4,493 | |
| Other amounts payable | 47/48 | €24,351 | €351 | -€24,000 | -98.6% |
| Accrued charges and deferred income | 492/3 | €8,357 | €10,813 | +€2,456 | +29.4% |
| Remuneration, social security and pensions | 62 | €1,762 | €54,603 | +€52,841 | +2998.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,552 | €39,269 | +€2,717 | +7.4% |
| Other operating charges | 640/8 | €11,347 | €11,731 | +€384 | +3.4% |
| Gross operating margin | 9900 | €98,853 | €101,272 | +€2,419 | +2.4% |
| Operating profit (loss) | 9901 | €49,192 | -€4,331 | -€53,523 | |
| Financial income | 75/76B | €36 | €8 | -€28 | -77.8% |
| Recurring financial income | 75 | €36 | €8 | -€28 | -77.8% |
| Financial charges | 65/66B | €7,307 | €6,301 | -€1,006 | -13.8% |
| Recurring financial charges | 65 | €7,307 | €6,301 | -€1,006 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €41,921 | -€10,624 | -€52,545 | |
| Income taxes | 67/77 | €3,907 | - | -€3,907 | |
| Profit (loss) for the period | 9904 | €38,014 | -€10,624 | -€48,638 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,014 | -€10,624 | -€48,638 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.