SOFIAS REAL ESTATE: 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.
SOFIAS REAL ESTATE
Largest movements
- Receivables within one year -€308,807
down €308,807 (-20.9%), from €1.5m to €1.2m
of which Other amounts receivable: -€309,017
- Tangible fixed assets +€234,547
up €234,547 (+3.9%), from €6.0m to €6.2m
of which Land and buildings: +€236,287
- Debts after one year -€142,364
down €142,364 (-3.6%), from €4.0m to €3.8m
- Trade debts +€105,141
up €105,141 (+2,684%), from €3,918 to €109,058
- Turnover +€9,542
up €9,542 (+8.8%), from €108,804 to €118,345
- Depreciation +€8,143
up €8,143 (+10.4%), from €78,556 to €86,699
- Gross operating margin +€3,207
up €3,207 (+3.1%), from €102,117 to €105,324
- Purchases and services +€2,828
up €2,828 (+27.7%), from €10,194 to €13,021
- Other operating charges -€2,210
down €2,210 (-45.5%), from €4,861 to €2,650
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 | €7,481,016 | €7,397,706 | -€83,310 | -1.1% |
| Formation expenses | 20 | €1,314 | €331 | -€983 | -74.8% |
| Fixed assets | 21/28 | €5,989,983 | €6,224,530 | +€234,547 | +3.9% |
| Tangible fixed assets | 22/27 | €5,989,983 | €6,224,530 | +€234,547 | +3.9% |
| Land and buildings | 22 | €5,985,570 | €6,221,857 | +€236,287 | +3.9% |
| Plant, machinery and equipment | 23 | €980 | €640 | -€341 | -34.8% |
| Furniture and vehicles | 24 | €3,433 | €2,033 | -€1,400 | -40.8% |
| Current assets | 29/58 | €1,489,718 | €1,172,845 | -€316,873 | -21.3% |
| Amounts receivable within one year | 40/41 | €1,479,327 | €1,170,520 | -€308,807 | -20.9% |
| Trade receivables | 40 | €344 | €554 | +€210 | +61.2% |
| Other amounts receivable | 41 | €1,478,983 | €1,169,966 | -€309,017 | -20.9% |
| Cash at bank and in hand | 54/58 | €9,098 | €1,002 | -€8,096 | -89.0% |
| Deferred charges and accrued income | 490/1 | €1,293 | €1,323 | +€30 | +2.3% |
| Total equity and liabilities | 10/49 | €7,481,016 | €7,397,706 | -€83,310 | -1.1% |
| Equity | 10/15 | €3,249,544 | €3,191,720 | -€57,824 | -1.8% |
| Contributions | 10/11 | €3,800,000 | €3,800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€550,456 | -€608,280 | -€57,824 | -10.5% |
| Amounts payable | 17/49 | €4,231,472 | €4,205,986 | -€25,486 | -0.6% |
| Amounts payable after more than one year | 17 | €3,971,336 | €3,828,971 | -€142,364 | -3.6% |
| Financial debts | 170/4 | €3,971,336 | €3,828,971 | -€142,364 | -3.6% |
| Amounts payable within one year | 42/48 | €254,658 | €376,360 | +€121,702 | +47.8% |
| Current portion of amounts payable after more than one year | 42 | €250,740 | €267,301 | +€16,561 | +6.6% |
| Trade debts | 44 | €3,918 | €109,058 | +€105,141 | +2,684% |
| Suppliers | 440/4 | €3,918 | €109,058 | +€105,141 | +2,684% |
| Accrued charges and deferred income | 492/3 | €5,478 | €655 | -€4,823 | -88.0% |
| Turnover | 70 | €108,804 | €118,345 | +€9,542 | +8.8% |
| Non-recurring operating income | 76A | €3,507 | - | -€3,507 | |
| Goods, raw materials, services and sundry goods | 60/61 | €10,194 | €13,021 | +€2,828 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,556 | €86,699 | +€8,143 | +10.4% |
| Other operating charges | 640/8 | €4,861 | €2,650 | -€2,210 | -45.5% |
| Gross operating margin | 9900 | €102,117 | €105,324 | +€3,207 | +3.1% |
| Operating profit (loss) | 9901 | €18,700 | €15,975 | -€2,726 | -14.6% |
| Financial income | 75/76B | €2,813 | €3,683 | +€870 | +30.9% |
| Recurring financial income | 75 | €2,813 | €3,683 | +€870 | +30.9% |
| Financial charges | 65/66B | €78,373 | €77,482 | -€892 | -1.1% |
| Recurring financial charges | 65 | €78,373 | €77,482 | -€892 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€56,860 | -€57,824 | -€964 | -1.7% |
| Income taxes | 67/77 | €1,811 | €0 | -€1,811 | -100.0% |
| Profit (loss) for the period | 9904 | -€58,671 | -€57,824 | +€847 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,671 | -€57,824 | +€847 | +1.4% |
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 23 October 2026 via checked.be.