Sofianis partners: 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.
Sofianis partners
Largest movements
- Tangible fixed assets +€121,367
up €121,367 (+39.2%), from €309,345 to €430,713
of which Land and buildings: +€97,518
- Receivables within one year +€38,491
up €38,491 (+34.1%), from €112,743 to €151,234
of which Other amounts receivable: +€22,865
- Cash +€8,985
up €8,985 (+12.1%), from €74,163 to €83,148
mainly Current portion of long-term debt (+€169,725) and Net result for the year (+€45,187)
- Current portion of long-term debt +€169,725
up €169,725 (+343%), from €49,422 to €219,147
- Profit (loss) carried forward +€45,187
up €45,187 (+37.7%), from €119,905 to €165,092
- Trade debts -€28,811
down €28,811 (-59.7%), from €48,275 to €19,464
- Debts after one year -€10,696
down €10,696 (-3.6%), from €298,134 to €287,438
of which Financial debts: -€10,696
- Gross operating margin +€51,753
up €51,753 (+40.1%), from €128,929 to €180,683
- Depreciation +€14,281
up €14,281 (+68.2%), from €20,932 to €35,213
- Staff costs +€11,088
up €11,088 (+22.2%), from €49,876 to €60,964
- Taxes +€6,963
up €6,963 (+53.2%), from €13,089 to €20,052
- Financial charges +€5,251
up €5,251 (+64.7%), from €8,122 to €13,373
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €685,386 | €860,368 | +€174,981 | +25.5% |
| Formation expenses | 20 | €104 | €104 | = | 0.0% |
| Fixed assets | 21/28 | €309,373 | €430,740 | +€121,367 | +39.2% |
| Tangible fixed assets | 22/27 | €309,345 | €430,713 | +€121,367 | +39.2% |
| Land and buildings | 22 | €286,191 | €383,708 | +€97,518 | +34.1% |
| Furniture and vehicles | 24 | €23,155 | €15,518 | -€7,637 | -33.0% |
| Leasing and similar rights | 25 | - | €31,487 | +€31,487 | |
| Financial fixed assets | 28 | €27 | €27 | = | 0.0% |
| Current assets | 29/58 | €375,910 | €429,524 | +€53,614 | +14.3% |
| Stocks and contracts in progress | 3 | €189,003 | €189,003 | = | 0.0% |
| Stocks | 30/36 | €189,003 | €189,003 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €112,743 | €151,234 | +€38,491 | +34.1% |
| Trade receivables | 40 | €50,734 | €66,360 | +€15,626 | +30.8% |
| Other amounts receivable | 41 | €62,009 | €84,874 | +€22,865 | +36.9% |
| Cash at bank and in hand | 54/58 | €74,163 | €83,148 | +€8,985 | +12.1% |
| Deferred charges and accrued income | 490/1 | - | €6,138 | +€6,138 | |
| Total equity and liabilities | 10/49 | €685,386 | €860,368 | +€174,981 | +25.5% |
| Equity | 10/15 | €185,655 | €230,842 | +€45,187 | +24.3% |
| Contributions | 10/11 | €15,140 | €15,140 | = | 0.0% |
| Capital | 10 | €15,140 | €15,140 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €3,460 | €3,460 | = | 0.0% |
| Reserves | 13 | €50,610 | €50,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,905 | €165,092 | +€45,187 | +37.7% |
| Amounts payable | 17/49 | €499,731 | €629,526 | +€129,794 | +26.0% |
| Amounts payable after more than one year | 17 | €298,134 | €287,438 | -€10,696 | -3.6% |
| Financial debts | 170/4 | €295,134 | €284,438 | -€10,696 | -3.6% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €196,020 | €336,511 | +€140,491 | +71.7% |
| Current portion of amounts payable after more than one year | 42 | €49,422 | €219,147 | +€169,725 | +343% |
| Trade debts | 44 | €48,275 | €19,464 | -€28,811 | -59.7% |
| Suppliers | 440/4 | €48,275 | €19,464 | -€28,811 | -59.7% |
| Taxes, remuneration and social security | 45 | €42,991 | €42,567 | -€424 | -1.0% |
| Taxes | 450/3 | €27,326 | €33,532 | +€6,206 | +22.7% |
| Remuneration and social security | 454/9 | €15,665 | €9,035 | -€6,630 | -42.3% |
| Other amounts payable | 47/48 | €55,332 | €55,332 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,577 | €5,577 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €49,876 | €60,964 | +€11,088 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,932 | €35,213 | +€14,281 | +68.2% |
| Other operating charges | 640/8 | €10,540 | €5,895 | -€4,644 | -44.1% |
| Gross operating margin | 9900 | €128,929 | €180,683 | +€51,753 | +40.1% |
| Operating profit (loss) | 9901 | €47,582 | €78,611 | +€31,029 | +65.2% |
| Financial income | 75/76B | €0 | €1 | +€1 | +10,500% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +10,500% |
| Financial charges | 65/66B | €8,122 | €13,373 | +€5,251 | +64.7% |
| Recurring financial charges | 65 | €8,122 | €13,373 | +€5,251 | +64.7% |
| Profit (loss) for the period before taxes | 9903 | €39,461 | €65,239 | +€25,778 | +65.3% |
| Income taxes | 67/77 | €13,089 | €20,052 | +€6,963 | +53.2% |
| Profit (loss) for the period | 9904 | €26,371 | €45,187 | +€18,815 | +71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,371 | €45,187 | +€18,815 | +71.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.