SOFI-E: 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-E
Largest movements
- Receivables within one year +€9,832
up €9,832 (+23.6%), from €41,617 to €51,449
of which Trade receivables: +€18,910
- Cash +€7,932
up €7,932 (+9.2%), from €85,845 to €93,777
mainly Other debts (+€56,725) and Net result for the year (+€53,642)
- Other debts +€56,725
up €56,725 (+85.1%), from €66,680 to €123,405
- Reserves -€40,045
down €40,045 (-100.0%), from €40,045 to €0
- Tax, wage and social debts -€2,515
down €2,515 (-16.2%), from €15,570 to €13,055
- Trade debts +€2,441
up €2,441 (+154.6%), from €1,579 to €4,020
- Gross operating margin -€16,481
down €16,481 (-18.7%), from €87,912 to €71,432
- Taxes -€2,922
down €2,922 (-17.0%), from €17,199 to €14,277
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 | €128,874 | €146,029 | +€17,155 | +13.3% |
| Fixed assets | 21/28 | €1,412 | €804 | -€608 | -43.1% |
| Tangible fixed assets | 22/27 | €1,412 | €804 | -€608 | -43.1% |
| Furniture and vehicles | 24 | €1,412 | €804 | -€608 | -43.1% |
| Current assets | 29/58 | €127,462 | €145,226 | +€17,764 | +13.9% |
| Amounts receivable within one year | 40/41 | €41,617 | €51,449 | +€9,832 | +23.6% |
| Trade receivables | 40 | €30,817 | €49,726 | +€18,910 | +61.4% |
| Other amounts receivable | 41 | €10,801 | €1,723 | -€9,078 | -84.0% |
| Cash at bank and in hand | 54/58 | €85,845 | €93,777 | +€7,932 | +9.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €128,874 | €146,029 | +€17,155 | +13.3% |
| Equity | 10/15 | €45,045 | €5,000 | -€40,045 | -88.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,045 | €0 | -€40,045 | -100.0% |
| Distributable reserves | 133 | €40,045 | €0 | -€40,045 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €83,829 | €141,029 | +€57,200 | +68.2% |
| Amounts payable within one year | 42/48 | €83,829 | €140,480 | +€56,651 | +67.6% |
| Trade debts | 44 | €1,579 | €4,020 | +€2,441 | +154.6% |
| Suppliers | 440/4 | €1,579 | €4,020 | +€2,441 | +154.6% |
| Taxes, remuneration and social security | 45 | €15,570 | €13,055 | -€2,515 | -16.2% |
| Taxes | 450/3 | €15,570 | €13,055 | -€2,515 | -16.2% |
| Other amounts payable | 47/48 | €66,680 | €123,405 | +€56,725 | +85.1% |
| Accrued charges and deferred income | 492/3 | - | €549 | +€549 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €608 | €608 | = | 0.0% |
| Other operating charges | 640/8 | €729 | €994 | +€265 | +36.3% |
| Gross operating margin | 9900 | €87,912 | €71,432 | -€16,481 | -18.7% |
| Operating profit (loss) | 9901 | €86,574 | €69,829 | -€16,745 | -19.3% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €2,695 | €1,911 | -€784 | -29.1% |
| Recurring financial charges | 65 | €2,695 | €1,911 | -€784 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €83,879 | €67,919 | -€15,960 | -19.0% |
| Income taxes | 67/77 | €17,199 | €14,277 | -€2,922 | -17.0% |
| Profit (loss) for the period | 9904 | €66,680 | €53,642 | -€13,038 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,680 | €53,642 | -€13,038 | -19.6% |
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 5 October 2026 via checked.be.