SOFIADIS: 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.
What changed
SOFIADIS
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
fiscal year 2023 against 2025not consecutivefiled annual accounts (NBB)
Net result for the year
€952,310
2023 · €865,783+€86,527
Equity
€5.4m
2023 · €3.8m+€1.6m
Cash
-
2023 · €42,925-€42,925
Balance sheet total
€5.6m
2023 · €3.9m+€1.6m
Largest movements
Assets
- Receivables within one year +€1.7m
up €1.7m (+43.3%), from €3.9m to €5.5m
of which Other amounts receivable: +€1.9m
Equity and liabilities
- Profit (loss) carried forward +€1.6m
up €1.6m (+47.9%), from €3.4m to €5.0m
Income statement
- Services and other goods +€256,701
up €256,701 (+65.4%), from €392,592 to €649,293
- Turnover +€163,885
up €163,885 (+10.6%), from €1.6m to €1.7m
- Financial income +€117,702
up €117,702 (+174.5%), from €67,465 to €185,167
- Staff costs -€33,400
no longer reported in 2025 (was €33,400)
- Depreciation -€17,429
down €17,429 (-77.5%), from €22,475 to €5,046
From the 2023 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.
Result 2023
€865,783
Turnover
+€163,885
Other operating income
-€2,186
Goods and materials
+€16,911
Services and other goods
-€256,701
Staff costs
+€33,400
Depreciation
+€17,429
Write-downs
-€6,401
Other operating charges
+€2,825
Other operating items
+€2,782
Financial income
+€117,702
Financial charges
+€1,300
Taxes
-€4,419
Result 2025
€952,310
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,929,815 | €5,550,314 | +€1.6m | +41.2% |
| Fixed assets | 21/28 | €13,426 | €2,536 | -€10,890 | -81.1% |
| Intangible fixed assets | 21 | €10,945 | €1,513 | -€9,432 | -86.2% |
| Tangible fixed assets | 22/27 | €2,481 | €1,023 | -€1,458 | -58.8% |
| Furniture and vehicles | 24 | €2,481 | €1,023 | -€1,458 | -58.8% |
| Current assets | 29/58 | €3,916,389 | €5,547,778 | +€1.6m | +41.7% |
| Amounts receivable within one year | 40/41 | €3,872,227 | €5,547,778 | +€1.7m | +43.3% |
| Trade receivables | 40 | €463,199 | €226,179 | -€237,020 | -51.2% |
| Other amounts receivable | 41 | €3,409,028 | €5,321,599 | +€1.9m | +56.1% |
| Cash at bank and in hand | 54/58 | €42,925 | - | -€42,925 | |
| Deferred charges and accrued income | 490/1 | €1,237 | - | -€1,237 | |
| Total equity and liabilities | 10/49 | €3,929,815 | €5,550,314 | +€1.6m | +41.2% |
| Equity | 10/15 | €3,839,976 | €5,449,907 | +€1.6m | +41.9% |
| Contributions | 10/11 | €413,558 | €402,968 | -€10,590 | -2.6% |
| Reserves | 13 | €44,589 | €44,589 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,589 | €44,589 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44,589 | €44,589 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,381,829 | €5,002,350 | +€1.6m | +47.9% |
| Amounts payable | 17/49 | €89,839 | €100,407 | +€10,568 | +11.8% |
| Amounts payable within one year | 42/48 | €89,839 | €100,407 | +€10,568 | +11.8% |
| Trade debts | 44 | €46,065 | €57,149 | +€11,084 | +24.1% |
| Suppliers | 440/4 | €46,065 | €57,149 | +€11,084 | +24.1% |
| Other amounts payable | 47/48 | €43,774 | €43,258 | -€516 | -1.2% |
| Operating income | 70/76A | €1,590,605 | €1,755,086 | +€164,481 | +10.3% |
| Turnover | 70 | €1,550,514 | €1,714,399 | +€163,885 | +10.6% |
| Other operating income | 74 | €36,845 | €34,659 | -€2,186 | -5.9% |
| Non-recurring operating income | 76A | €3,246 | €6,028 | +€2,782 | +85.7% |
| Operating charges | 60/66A | €476,841 | €669,378 | +€192,537 | +40.4% |
| Goods for resale, raw materials and consumables | 60 | €16,911 | - | -€16,911 | |
| Purchases | 600/8 | €16,911 | - | -€16,911 | |
| Services and other goods | 61 | €392,592 | €649,293 | +€256,701 | +65.4% |
| Remuneration, social security and pensions | 62 | €33,400 | - | -€33,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,475 | €5,046 | -€17,429 | -77.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,670 | €13,071 | +€6,401 | +96.0% |
| Other operating charges | 640/8 | €4,793 | €1,968 | -€2,825 | -58.9% |
| Operating profit (loss) | 9901 | €1,113,764 | €1,085,708 | -€28,056 | -2.5% |
| Financial income | 75/76B | €67,465 | €185,167 | +€117,702 | +174.5% |
| Recurring financial income | 75 | €67,465 | €185,167 | +€117,702 | +174.5% |
| Income from financial fixed assets | 750 | €63,938 | €185,167 | +€121,229 | +189.6% |
| Other financial income | 752/9 | €3,527 | - | -€3,527 | |
| Financial charges | 65/66B | €2,428 | €1,128 | -€1,300 | -53.5% |
| Recurring financial charges | 65 | €2,428 | €1,128 | -€1,300 | -53.5% |
| Debt charges | 650 | €394 | €338 | -€56 | -14.2% |
| Other financial charges | 652/9 | €2,034 | €790 | -€1,244 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €1,178,801 | €1,269,747 | +€90,946 | +7.7% |
| Income taxes | 67/77 | €313,018 | €317,437 | +€4,419 | +1.4% |
| Taxes | 670/3 | €313,018 | €317,437 | +€4,419 | +1.4% |
| Profit (loss) for the period | 9904 | €865,783 | €952,310 | +€86,527 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €865,783 | €952,310 | +€86,527 | +10.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.