SOFIDENDRE: 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.
SOFIDENDRE
Largest movements
- Cash -€39,490
down €39,490 (-29.9%), from €132,039 to €92,550
mainly Other debts (-€45,000) and Trade debts (-€244)
- Other debts -€45,000
no longer reported in 2025 (was €45,000)
- Gross operating margin +€798
up €798 (+8.4%), from €9,535 to €10,333
- Taxes +€175
up €175 (+17.0%), from €1,026 to €1,201
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.
Cash bridge derived
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 | €363,937 | €322,296 | -€41,641 | -11.4% |
| Fixed assets | 21/28 | €226,043 | €224,097 | -€1,945 | -0.9% |
| Tangible fixed assets | 22/27 | €226,043 | €224,097 | -€1,945 | -0.9% |
| Land and buildings | 22 | €226,043 | €224,097 | -€1,945 | -0.9% |
| Current assets | 29/58 | €137,895 | €98,199 | -€39,696 | -28.8% |
| Amounts receivable within one year | 40/41 | €5,855 | €5,649 | -€206 | -3.5% |
| Other amounts receivable | 41 | €5,855 | €5,649 | -€206 | -3.5% |
| Cash at bank and in hand | 54/58 | €132,039 | €92,550 | -€39,490 | -29.9% |
| Total equity and liabilities | 10/49 | €363,937 | €322,296 | -€41,641 | -11.4% |
| Equity | 10/15 | €318,693 | €322,296 | +€3,603 | +1.1% |
| Contributions | 10/11 | €312,000 | €312,000 | = | 0.0% |
| Capital | 10 | €312,000 | €312,000 | = | 0.0% |
| Issued capital | 100 | €312,000 | €312,000 | = | 0.0% |
| Reserves | 13 | €6,693 | €10,296 | +€3,603 | +53.8% |
| Non-distributable reserves | 130/1 | €4,574 | €4,755 | +€181 | +4.0% |
| Legal reserve | 130 | €4,574 | €4,755 | +€181 | +4.0% |
| Distributable reserves | 133 | €2,119 | €5,541 | +€3,422 | +161.5% |
| Amounts payable | 17/49 | €45,244 | - | -€45,244 | |
| Amounts payable within one year | 42/48 | €45,244 | - | -€45,244 | |
| Trade debts | 44 | €244 | - | -€244 | |
| Suppliers | 440/4 | €244 | - | -€244 | |
| Other amounts payable | 47/48 | €45,000 | - | -€45,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,945 | €1,945 | = | 0.0% |
| Other operating charges | 640/8 | €3,141 | €3,239 | +€97 | +3.1% |
| Gross operating margin | 9900 | €9,535 | €10,333 | +€798 | +8.4% |
| Operating profit (loss) | 9901 | €4,448 | €5,149 | +€701 | +15.8% |
| Financial charges | 65/66B | €344 | €345 | +€2 | +0.4% |
| Recurring financial charges | 65 | €344 | €345 | +€2 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €4,105 | €4,804 | +€699 | +17.0% |
| Income taxes | 67/77 | €1,026 | €1,201 | +€175 | +17.0% |
| Profit (loss) for the period | 9904 | €3,078 | €3,603 | +€524 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,078 | €3,603 | +€524 | +17.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.