Soficom: 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.
Soficom
Largest movements
- Tangible fixed assets -€4,873
down €4,873 (-23.6%), from €20,641 to €15,768
of which Furniture and vehicles: -€4,132
- Receivables within one year +€4,649
up €4,649 (+129.4%), from €3,592 to €8,241
of which Trade receivables: +€3,718
- Cash +€4,395
up €4,395 (+38.7%), from €11,344 to €15,739
mainly Depreciation (+€4,873) and Net result for the year (+€4,196)
- Profit (loss) carried forward +€4,196
up €4,196 (+4.7%), from -€88,573 to -€84,377
- Other debts -€1,018
down €1,018 (-10.6%), from €9,637 to €8,619
- Trade debts +€848
up €848 (+7.0%), from €12,176 to €13,024
- Gross operating margin -€6,682
down €6,682 (-39.0%), from €17,154 to €10,472
- Depreciation +€2,630
up €2,630 (+117.3%), from €2,243 to €4,873
- Taxes -€1,526
down €1,526 (-58.9%), from €2,589 to €1,063
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.
Cash bridge derived
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 | €36,325 | €40,496 | +€4,171 | +11.5% |
| Fixed assets | 21/28 | €20,641 | €15,768 | -€4,873 | -23.6% |
| Tangible fixed assets | 22/27 | €20,641 | €15,768 | -€4,873 | -23.6% |
| Plant, machinery and equipment | 23 | €2,097 | €1,356 | -€741 | -35.3% |
| Furniture and vehicles | 24 | €18,544 | €14,412 | -€4,132 | -22.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €15,684 | €24,728 | +€9,044 | +57.7% |
| Amounts receivable within one year | 40/41 | €3,592 | €8,241 | +€4,649 | +129.4% |
| Trade receivables | 40 | €3,086 | €6,804 | +€3,718 | +120.5% |
| Other amounts receivable | 41 | €506 | €1,437 | +€930 | +183.7% |
| Cash at bank and in hand | 54/58 | €11,344 | €15,739 | +€4,395 | +38.7% |
| Deferred charges and accrued income | 490/1 | €748 | €748 | = | 0.0% |
| Total equity and liabilities | 10/49 | €36,325 | €40,496 | +€4,171 | +11.5% |
| Equity | 10/15 | €10,273 | €14,469 | +€4,196 | +40.8% |
| Contributions | 10/11 | €68,642 | €68,642 | = | 0.0% |
| Reserves | 13 | €30,205 | €30,205 | = | 0.0% |
| Distributable reserves | 133 | €30,205 | €30,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,573 | -€84,377 | +€4,196 | +4.7% |
| Amounts payable | 17/49 | €26,051 | €26,026 | -€25 | -0.1% |
| Amounts payable within one year | 42/48 | €26,051 | €26,026 | -€25 | -0.1% |
| Trade debts | 44 | €12,176 | €13,024 | +€848 | +7.0% |
| Suppliers | 440/4 | €12,176 | €13,024 | +€848 | +7.0% |
| Taxes, remuneration and social security | 45 | €4,238 | €4,383 | +€145 | +3.4% |
| Taxes | 450/3 | €4,238 | €4,383 | +€145 | +3.4% |
| Other amounts payable | 47/48 | €9,637 | €8,619 | -€1,018 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,243 | €4,873 | +€2,630 | +117.3% |
| Other operating charges | 640/8 | €349 | €359 | +€10 | +2.9% |
| Gross operating margin | 9900 | €17,154 | €10,472 | -€6,682 | -39.0% |
| Operating profit (loss) | 9901 | €14,562 | €5,240 | -€9,322 | -64.0% |
| Financial income | 75/76B | - | €81 | +€81 | |
| Recurring financial income | 75 | - | €81 | +€81 | |
| Financial charges | 65/66B | €74 | €61 | -€12 | -16.8% |
| Recurring financial charges | 65 | €74 | €61 | -€12 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €14,488 | €5,259 | -€9,229 | -63.7% |
| Income taxes | 67/77 | €2,589 | €1,063 | -€1,526 | -58.9% |
| Profit (loss) for the period | 9904 | €11,899 | €4,196 | -€7,703 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,899 | €4,196 | -€7,703 | -64.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.