SOFI: 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.
SOFI
Largest movements
- Cash -€154,413
down €154,413 (-27.7%), from €557,885 to €403,472
mainly Net result for the year (-€76,411) and Investment in fixed assets (net) (-€65,262)
- Tangible fixed assets +€51,441
up €51,441 (+137.0%), from €37,539 to €88,980
of which Furniture and vehicles: +€36,154
- Receivables within one year -€45,349
down €45,349 (-48.5%), from €93,483 to €48,134
of which Trade receivables: -€76,686
- Reserves -€76,411
down €76,411 (-19.2%), from €398,486 to €322,075
- Provisions -€49,237
down €49,237 (-23.8%), from €207,170 to €157,933
- Current portion of long-term debt -€16,182
down €16,182 (-25.0%), from €64,730 to €48,547
- Tax, wage and social debts -€8,656
no longer reported in 2025 (was €8,656)
- Gross operating margin -€69,892
down €69,892, from €27,402 to -€42,490
- Financial charges -€3,533
down €3,533 (-15.3%), from €23,046 to €19,514
- Depreciation +€1,686
up €1,686 (+13.9%), from €12,135 to €13,821
- Financial income +€814
up €814 (+25909.2%), from €3 to €817
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 | €709,418 | €558,955 | -€150,463 | -21.2% |
| Fixed assets | 21/28 | €37,539 | €88,980 | +€51,441 | +137.0% |
| Tangible fixed assets | 22/27 | €37,539 | €88,980 | +€51,441 | +137.0% |
| Land and buildings | 22 | €13,126 | €29,531 | +€16,405 | +125.0% |
| Plant, machinery and equipment | 23 | €2,213 | €1,095 | -€1,118 | -50.5% |
| Furniture and vehicles | 24 | €22,200 | €58,353 | +€36,154 | +162.9% |
| Current assets | 29/58 | €671,879 | €469,975 | -€201,903 | -30.1% |
| Amounts receivable within one year | 40/41 | €93,483 | €48,134 | -€45,349 | -48.5% |
| Trade receivables | 40 | €93,408 | €16,722 | -€76,686 | -82.1% |
| Other amounts receivable | 41 | €75 | €31,412 | +€31,337 | +41782.6% |
| Cash at bank and in hand | 54/58 | €557,885 | €403,472 | -€154,413 | -27.7% |
| Deferred charges and accrued income | 490/1 | €20,512 | €18,370 | -€2,142 | -10.4% |
| Total equity and liabilities | 10/49 | €709,418 | €558,955 | -€150,463 | -21.2% |
| Equity | 10/15 | €404,691 | €328,280 | -€76,411 | -18.9% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Outside capital | 11 | €6,205 | - | -€6,205 | |
| Other | 1109/19 | €6,205 | - | -€6,205 | |
| Reserves | 13 | €398,486 | €322,075 | -€76,411 | -19.2% |
| Distributable reserves | 133 | €398,486 | €322,075 | -€76,411 | -19.2% |
| Provisions and deferred taxes | 16 | €207,170 | €157,933 | -€49,237 | -23.8% |
| Provisions for liabilities and charges | 160/5 | €207,170 | €157,933 | -€49,237 | -23.8% |
| Environmental obligations | 163 | €207,170 | €157,933 | -€49,237 | -23.8% |
| Amounts payable | 17/49 | €97,556 | €72,742 | -€24,815 | -25.4% |
| Amounts payable within one year | 42/48 | €97,556 | €72,649 | -€24,908 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €64,730 | €48,547 | -€16,182 | -25.0% |
| Trade debts | 44 | €3,255 | €1,735 | -€1,519 | -46.7% |
| Suppliers | 440/4 | €3,255 | €1,735 | -€1,519 | -46.7% |
| Taxes, remuneration and social security | 45 | €8,656 | - | -€8,656 | |
| Taxes | 450/3 | €8,656 | - | -€8,656 | |
| Other amounts payable | 47/48 | €20,916 | €22,366 | +€1,450 | +6.9% |
| Accrued charges and deferred income | 492/3 | - | €93 | +€93 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,135 | €13,821 | +€1,686 | +13.9% |
| Other operating charges | 640/8 | €896 | €1,098 | +€202 | +22.6% |
| Gross operating margin | 9900 | €27,402 | -€42,490 | -€69,892 | |
| Operating profit (loss) | 9901 | €14,371 | -€57,409 | -€71,780 | |
| Financial income | 75/76B | €3 | €817 | +€814 | +25909.2% |
| Recurring financial income | 75 | €3 | €817 | +€814 | +25909.2% |
| Financial charges | 65/66B | €23,046 | €19,514 | -€3,533 | -15.3% |
| Recurring financial charges | 65 | €23,046 | €19,514 | -€3,533 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,673 | -€76,106 | -€67,434 | -777.5% |
| Income taxes | 67/77 | €257 | €305 | +€48 | +18.7% |
| Profit (loss) for the period | 9904 | -€8,930 | -€76,411 | -€67,482 | -755.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,930 | -€76,411 | -€67,482 | -755.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.