SOFIA TRADE: 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.
SOFIA TRADE
Largest movements
- Receivables after one year +€3,900
up €3,900 (+5.9%), from €66,321 to €70,221
- Cash +€2,466
up €2,466 (+26.7%), from €9,243 to €11,709
mainly Trade debts (+€4,392) and Depreciation (+€1,292)
- Tangible fixed assets -€1,292
down €1,292 (-34.9%), from €3,702 to €2,410
of which Plant, machinery and equipment: -€717
- Trade debts +€4,392
up €4,392 (+61.9%), from €7,097 to €11,489
- Tax, wage and social debts -€2,015
down €2,015 (-29.1%), from €6,924 to €4,909
of which Remuneration and social security: -€3,457
- Reserves +€1,242
up €1,242 (+2.7%), from €46,677 to €47,919
of which Distributable reserves: +€1,242
- Gross operating margin -€10,975
down €10,975 (-81.9%), from €13,395 to €2,421
- Taxes -€3,457
down €3,457 (-87.4%), from €3,954 to €497
- Financial charges +€2,207
up €2,207 (+323%), from €683 to €2,889
- Other operating charges -€706
down €706 (-63.8%), from €1,105 to €400
- Financial income +€372
up €372 (+10.5%), from €3,528 to €3,900
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.
Derived cash bridge
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 | €115,597 | €120,116 | +€4,519 | +3.9% |
| Fixed assets | 21/28 | €4,962 | €3,670 | -€1,292 | -26.0% |
| Tangible fixed assets | 22/27 | €3,702 | €2,410 | -€1,292 | -34.9% |
| Plant, machinery and equipment | 23 | €1,295 | €578 | -€717 | -55.4% |
| Furniture and vehicles | 24 | €548 | €344 | -€204 | -37.2% |
| Other tangible fixed assets | 26 | €1,859 | €1,488 | -€371 | -20.0% |
| Financial fixed assets | 28 | €1,260 | €1,260 | = | 0.0% |
| Current assets | 29/58 | €110,635 | €116,446 | +€5,811 | +5.3% |
| Amounts receivable after more than one year | 29 | €66,321 | €70,221 | +€3,900 | +5.9% |
| Other amounts receivable | 291 | €66,321 | €70,221 | +€3,900 | +5.9% |
| Stocks and contracts in progress | 3 | €3,474 | €3,809 | +€335 | +9.6% |
| Stocks | 30/36 | €3,474 | €3,809 | +€335 | +9.6% |
| Amounts receivable within one year | 40/41 | €1,035 | €597 | -€438 | -42.3% |
| Trade receivables | 40 | €1,030 | €597 | -€433 | -42.1% |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Current investments | 50/53 | €28,765 | €28,362 | -€403 | -1.4% |
| Cash at bank and in hand | 54/58 | €9,243 | €11,709 | +€2,466 | +26.7% |
| Deferred charges and accrued income | 490/1 | €1,797 | €1,748 | -€48 | -2.7% |
| Total equity and liabilities | 10/49 | €115,597 | €120,116 | +€4,519 | +3.9% |
| Equity | 10/15 | €99,288 | €100,530 | +€1,242 | +1.3% |
| Contributions | 10/11 | €16,490 | €16,490 | = | 0.0% |
| Reserves | 13 | €46,677 | €47,919 | +€1,242 | +2.7% |
| 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 | €44,817 | €46,059 | +€1,242 | +2.8% |
| Profit (loss) carried forward | 14 | €36,121 | €36,121 | = | 0.0% |
| Amounts payable | 17/49 | €16,309 | €19,586 | +€3,277 | +20.1% |
| Amounts payable within one year | 42/48 | €16,309 | €18,455 | +€2,146 | +13.2% |
| Trade debts | 44 | €7,097 | €11,489 | +€4,392 | +61.9% |
| Suppliers | 440/4 | €7,097 | €11,489 | +€4,392 | +61.9% |
| Taxes, remuneration and social security | 45 | €6,924 | €4,909 | -€2,015 | -29.1% |
| Taxes | 450/3 | €2,970 | €4,412 | +€1,442 | +48.5% |
| Remuneration and social security | 454/9 | €3,954 | €497 | -€3,457 | -87.4% |
| Other amounts payable | 47/48 | €2,288 | €2,057 | -€231 | -10.1% |
| Accrued charges and deferred income | 492/3 | - | €1,131 | +€1,131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,469 | €1,292 | -€177 | -12.1% |
| Other operating charges | 640/8 | €1,105 | €400 | -€706 | -63.8% |
| Gross operating margin | 9900 | €13,395 | €2,421 | -€10,975 | -81.9% |
| Operating profit (loss) | 9901 | €10,821 | €729 | -€10,092 | -93.3% |
| Financial income | 75/76B | €3,528 | €3,900 | +€372 | +10.5% |
| Recurring financial income | 75 | €3,528 | €3,900 | +€372 | +10.5% |
| Financial charges | 65/66B | €683 | €2,889 | +€2,207 | +323% |
| Recurring financial charges | 65 | €683 | €2,889 | +€2,207 | +323% |
| Profit (loss) for the period before taxes | 9903 | €13,666 | €1,739 | -€11,927 | -87.3% |
| Income taxes | 67/77 | €3,954 | €497 | -€3,457 | -87.4% |
| Profit (loss) for the period | 9904 | €9,712 | €1,242 | -€8,470 | -87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,712 | €1,242 | -€8,470 | -87.2% |
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 20 October 2026 via checked.be.