SOFEXIA: 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.
SOFEXIA
Largest movements
- Receivables within one year +€79,488
up €79,488 (+81.1%), from €97,973 to €177,461
of which Trade receivables: +€75,112
- Cash +€78,714
up €78,714 (+161.0%), from €48,881 to €127,595
mainly Net result for the year (+€189,675) and Other debts (+€65,135)
- Other debts +€65,135
up €65,135 (+73.2%), from €89,036 to €154,171
- Tax, wage and social debts +€61,558
up €61,558 (+140.1%), from €43,948 to €105,506
of which Taxes: +€33,862
- Trade debts +€29,636
up €29,636 (+129.9%), from €22,815 to €52,451
- Gross operating margin +€360,170
up €360,170 (+147.2%), from €244,757 to €604,927
- Staff costs +€220,200
up €220,200 (+171.6%), from €128,335 to €348,535
- Taxes +€36,414
up €36,414 (+140.0%), from €26,002 to €62,416
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 | €155,995 | €312,129 | +€156,134 | +100.1% |
| Fixed assets | 21/28 | €5,690 | €4,790 | -€900 | -15.8% |
| Tangible fixed assets | 22/27 | €5,615 | €4,715 | -€900 | -16.0% |
| Furniture and vehicles | 24 | €1,231 | €1,325 | +€95 | +7.7% |
| Other tangible fixed assets | 26 | €4,384 | €3,390 | -€995 | -22.7% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €150,305 | €307,339 | +€157,033 | +104.5% |
| Amounts receivable within one year | 40/41 | €97,973 | €177,461 | +€79,488 | +81.1% |
| Trade receivables | 40 | €90,645 | €165,758 | +€75,112 | +82.9% |
| Other amounts receivable | 41 | €7,328 | €11,703 | +€4,375 | +59.7% |
| Cash at bank and in hand | 54/58 | €48,881 | €127,595 | +€78,714 | +161.0% |
| Deferred charges and accrued income | 490/1 | €3,451 | €2,283 | -€1,168 | -33.8% |
| Total equity and liabilities | 10/49 | €155,995 | €312,129 | +€156,134 | +100.1% |
| Equity | 10/15 | €1 | €1 | = | 0.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Amounts payable | 17/49 | €155,994 | €312,128 | +€156,134 | +100.1% |
| Amounts payable within one year | 42/48 | €155,799 | €312,128 | +€156,329 | +100.3% |
| Trade debts | 44 | €22,815 | €52,451 | +€29,636 | +129.9% |
| Suppliers | 440/4 | €22,815 | €52,451 | +€29,636 | +129.9% |
| Taxes, remuneration and social security | 45 | €43,948 | €105,506 | +€61,558 | +140.1% |
| Taxes | 450/3 | €32,719 | €66,581 | +€33,862 | +103.5% |
| Remuneration and social security | 454/9 | €11,229 | €38,925 | +€27,695 | +246.6% |
| Other amounts payable | 47/48 | €89,036 | €154,171 | +€65,135 | +73.2% |
| Accrued charges and deferred income | 492/3 | €195 | - | -€195 | |
| Remuneration, social security and pensions | 62 | €128,335 | €348,535 | +€220,200 | +171.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,065 | €1,793 | +€728 | +68.3% |
| Other operating charges | 640/8 | €1,121 | €1,195 | +€74 | +6.6% |
| Gross operating margin | 9900 | €244,757 | €604,927 | +€360,170 | +147.2% |
| Operating profit (loss) | 9901 | €114,236 | €253,405 | +€139,168 | +121.8% |
| Financial income | 75/76B | €242 | €323 | +€81 | +33.3% |
| Recurring financial income | 75 | €242 | €323 | +€81 | +33.3% |
| Financial charges | 65/66B | €654 | €1,636 | +€981 | +150.0% |
| Recurring financial charges | 65 | €654 | €1,636 | +€981 | +150.0% |
| Profit (loss) for the period before taxes | 9903 | €113,824 | €252,092 | +€138,267 | +121.5% |
| Income taxes | 67/77 | €26,002 | €62,416 | +€36,414 | +140.0% |
| Profit (loss) for the period | 9904 | €87,822 | €189,675 | +€101,853 | +116.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,822 | €189,675 | +€101,853 | +116.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.