SOFIA: 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.
SOFIA
Largest movements
- Current investments +€2.6m
up €2.6m (+215.4%), from €1.2m to €3.8m
- Cash -€2.5m
down €2.5m (-97.8%), from €2.5m to €55,144
mainly Current investments (-€2.6m) and Tax, wage and social debts (-€122,363)
- Tangible fixed assets -€64,997
down €64,997 (-9.2%), from €704,416 to €639,419
of which Land and buildings: -€38,232
- Reserves +€189,500
up €189,500 (+10.5%), from €1.8m to €2.0m
- Tax, wage and social debts -€122,363
no longer reported in 2025 (was €122,363)
- Financial income -€1.0m
down €1.0m (-92.3%), from €1.1m to €86,493
- Taxes -€149,112
down €149,112 (-71.0%), from €210,058 to €60,946
- Gross operating margin -€81,767
down €81,767 (-21.5%), from €381,130 to €299,363
- Financial charges +€39,846
up €39,846 (+64267.7%), from €62 to €39,908
- Other operating charges +€16,719
up €16,719 (+136.1%), from €12,283 to €29,002
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 | €4,451,936 | €4,505,194 | +€53,258 | +1.2% |
| Fixed assets | 21/28 | €704,416 | €639,419 | -€64,997 | -9.2% |
| Tangible fixed assets | 22/27 | €704,416 | €639,419 | -€64,997 | -9.2% |
| Land and buildings | 22 | €580,705 | €542,473 | -€38,232 | -6.6% |
| Plant, machinery and equipment | 23 | €9,955 | €7,836 | -€2,119 | -21.3% |
| Furniture and vehicles | 24 | €113,756 | €89,110 | -€24,646 | -21.7% |
| Current assets | 29/58 | €3,747,520 | €3,865,775 | +€118,255 | +3.2% |
| Amounts receivable within one year | 40/41 | €25,263 | €25,368 | +€105 | +0.4% |
| Trade receivables | 40 | €12,263 | €7,481 | -€4,782 | -39.0% |
| Other amounts receivable | 41 | €13,000 | €17,887 | +€4,887 | +37.6% |
| Current investments | 50/53 | €1,200,000 | €3,785,263 | +€2.6m | +215.4% |
| Cash at bank and in hand | 54/58 | €2,522,257 | €55,144 | -€2.5m | -97.8% |
| Total equity and liabilities | 10/49 | €4,451,936 | €4,505,194 | +€53,258 | +1.2% |
| Equity | 10/15 | €4,283,690 | €4,473,194 | +€189,504 | +4.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,800,000 | €1,989,500 | +€189,500 | +10.5% |
| Distributable reserves | 133 | €1,800,000 | €1,989,500 | +€189,500 | +10.5% |
| Profit (loss) carried forward | 14 | €2,458,690 | €2,458,694 | +€4 | 0.0% |
| Amounts payable | 17/49 | €168,246 | €32,000 | -€136,246 | -81.0% |
| Amounts payable within one year | 42/48 | €168,246 | €32,000 | -€136,246 | -81.0% |
| Trade debts | 44 | €6,565 | €32,000 | +€25,435 | +387.4% |
| Suppliers | 440/4 | €6,565 | €32,000 | +€25,435 | +387.4% |
| Taxes, remuneration and social security | 45 | €122,363 | - | -€122,363 | |
| Taxes | 450/3 | €122,363 | - | -€122,363 | |
| Other amounts payable | 47/48 | €39,318 | - | -€39,318 | |
| Non-recurring operating income | 76A | €200,161 | - | -€200,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,905 | €66,496 | -€2,409 | -3.5% |
| Other operating charges | 640/8 | €12,283 | €29,002 | +€16,719 | +136.1% |
| Gross operating margin | 9900 | €381,130 | €299,363 | -€81,767 | -21.5% |
| Operating profit (loss) | 9901 | €299,942 | €203,865 | -€96,077 | -32.0% |
| Financial income | 75/76B | €1,120,721 | €86,493 | -€1.0m | -92.3% |
| Recurring financial income | 75 | €1,120,721 | €86,493 | -€1.0m | -92.3% |
| Financial charges | 65/66B | €62 | €39,908 | +€39,846 | +64267.7% |
| Recurring financial charges | 65 | €62 | €39,908 | +€39,846 | +64267.7% |
| Profit (loss) for the period before taxes | 9903 | €1,420,601 | €250,450 | -€1.2m | -82.4% |
| Income taxes | 67/77 | €210,058 | €60,946 | -€149,112 | -71.0% |
| Profit (loss) for the period | 9904 | €1,210,543 | €189,504 | -€1.0m | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,210,543 | €189,504 | -€1.0m | -84.3% |
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 3 October 2026 via checked.be.