SOFIDES: 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.
SOFIDES
Largest movements
- Tangible fixed assets -€3,499
down €3,499 (-4.9%), from €72,103 to €68,604
of which Land and buildings: -€3,343
- Cash -€3,294
down €3,294 (-31.0%), from €10,612 to €7,318
mainly Net result for the year (-€6,756) and Receivables within one year (-€743)
- Profit (loss) carried forward -€6,756
down €6,756 (-14.3%), from €47,136 to €40,380
- Gross operating margin -€3,655
down €3,655 (-66.3%), from €5,510 to €1,854
- Financial income +€595
up €595 (+52.3%), from €1,137 to €1,732
- Depreciation -€498
down €498 (-12.5%), from €3,997 to €3,499
- Other operating charges +€339
up €339 (+10.9%), from €3,120 to €3,459
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 | €190,964 | €184,924 | -€6,040 | -3.2% |
| Fixed assets | 21/28 | €72,202 | €68,703 | -€3,499 | -4.8% |
| Tangible fixed assets | 22/27 | €72,103 | €68,604 | -€3,499 | -4.9% |
| Land and buildings | 22 | €71,791 | €68,448 | -€3,343 | -4.7% |
| Plant, machinery and equipment | 23 | €312 | €156 | -€156 | -50.0% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €118,762 | €116,221 | -€2,541 | -2.1% |
| Amounts receivable within one year | 40/41 | €7,797 | €8,540 | +€743 | +9.5% |
| Trade receivables | 40 | €4,880 | €4,880 | = | 0.0% |
| Other amounts receivable | 41 | €2,917 | €3,660 | +€743 | +25.5% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,612 | €7,318 | -€3,294 | -31.0% |
| Deferred charges and accrued income | 490/1 | €353 | €364 | +€11 | +3.0% |
| Total equity and liabilities | 10/49 | €190,964 | €184,924 | -€6,040 | -3.2% |
| Equity | 10/15 | €68,951 | €62,195 | -€6,756 | -9.8% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €1,983 | €1,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,136 | €40,380 | -€6,756 | -14.3% |
| Amounts payable | 17/49 | €122,013 | €122,729 | +€716 | +0.6% |
| Amounts payable after more than one year | 17 | €121,719 | €121,719 | = | 0.0% |
| Financial debts | 170/4 | €121,719 | €121,719 | = | 0.0% |
| Amounts payable within one year | 42/48 | €294 | €1,010 | +€716 | +243.2% |
| Trade debts | 44 | €294 | €1,010 | +€716 | +243.2% |
| Suppliers | 440/4 | €294 | €1,010 | +€716 | +243.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,997 | €3,499 | -€498 | -12.5% |
| Other operating charges | 640/8 | €3,120 | €3,459 | +€339 | +10.9% |
| Gross operating margin | 9900 | €5,510 | €1,854 | -€3,655 | -66.3% |
| Operating profit (loss) | 9901 | -€1,607 | -€5,104 | -€3,497 | -217.5% |
| Financial income | 75/76B | €1,137 | €1,732 | +€595 | +52.3% |
| Recurring financial income | 75 | €1,137 | €1,732 | +€595 | +52.3% |
| Financial charges | 65/66B | €3,391 | €3,384 | -€7 | -0.2% |
| Recurring financial charges | 65 | €3,391 | €3,384 | -€7 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,861 | -€6,756 | -€2,895 | -75.0% |
| Profit (loss) for the period | 9904 | -€3,861 | -€6,756 | -€2,895 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,861 | -€6,756 | -€2,895 | -75.0% |
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 8 October 2026 via checked.be.