Sofie Maes: what changed
What changed
Sofie Maes
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€22,480
2024 · €20,683-€43,163
Equity
€559,180
2024 · €581,659-€22,480
Cash
€531
2024 · €3,326-€2,795
Balance sheet total
€564,751
2024 · €590,301-€25,550
Largest movements
Assets
- Receivables within one year -€22,755
down €22,755 (-26.2%), from €86,975 to €64,220
of which Trade receivables: -€25,961
Equity and liabilities
- Reserves -€21,178
down €21,178 (-10.0%), from €211,659 to €190,481
of which Distributable reserves: -€21,178
Income statement
- Gross operating margin -€35,405
down €35,405, from €12,632 to -€22,773
- Financial income -€13,493
down €13,493 (-89.9%), from €15,005 to €1,512
- Taxes -€4,843
down €4,843 (-96.5%), from €5,017 to €174
- Depreciation -€888
down €888 (-100.0%), from €889 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€20,683
Gross operating margin
-€35,405
Depreciation
+€888
Other operating charges
-€13
Financial income
-€13,493
Financial charges
+€17
Taxes
+€4,843
Result 2025
-€22,480
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€2,795
Investment
€0
Financing
€0
Cash 2024
€3,326
From operations (derived)
-€2,795
Net result for the year
-€22,480
Depreciation
+€0
Receivables within one year
+€22,755
Trade debts
+€439
Tax, wage and social debts
-€3,509
Cash 2025
€531
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €590,301 | €564,751 | -€25,550 | -4.3% |
| Fixed assets | 21/28 | €500,000 | €500,000 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €90,301 | €64,751 | -€25,550 | -28.3% |
| Amounts receivable within one year | 40/41 | €86,975 | €64,220 | -€22,755 | -26.2% |
| Trade receivables | 40 | €52,919 | €26,958 | -€25,961 | -49.1% |
| Other amounts receivable | 41 | €34,056 | €37,262 | +€3,206 | +9.4% |
| Cash at bank and in hand | 54/58 | €3,326 | €531 | -€2,795 | -84.0% |
| Total equity and liabilities | 10/49 | €590,301 | €564,751 | -€25,550 | -4.3% |
| Equity | 10/15 | €581,659 | €559,180 | -€22,480 | -3.9% |
| Contributions | 10/11 | €370,000 | €370,000 | = | 0.0% |
| Contributions outside capital | 11 | €370,000 | €370,000 | = | 0.0% |
| Other | 1109/19 | €370,000 | €370,000 | = | 0.0% |
| Reserves | 13 | €211,659 | €190,481 | -€21,178 | -10.0% |
| Non-distributable reserves | 130/1 | €8,449 | €8,449 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,449 | €8,449 | = | 0.0% |
| Distributable reserves | 133 | €203,211 | €182,032 | -€21,178 | -10.4% |
| Profit (loss) carried forward | 14 | - | -€1,302 | -€1,302 | |
| Amounts payable | 17/49 | €8,642 | €5,572 | -€3,070 | -35.5% |
| Amounts payable within one year | 42/48 | €8,642 | €5,572 | -€3,070 | -35.5% |
| Trade debts | 44 | €439 | €878 | +€439 | +100.0% |
| Suppliers | 440/4 | €439 | €878 | +€439 | +100.0% |
| Taxes, remuneration and social security | 45 | €5,100 | €1,591 | -€3,509 | -68.8% |
| Taxes | 450/3 | €5,100 | €1,591 | -€3,509 | -68.8% |
| Other amounts payable | 47/48 | €3,103 | €3,103 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €889 | €0 | -€888 | -100.0% |
| Other operating charges | 640/8 | €753 | €766 | +€13 | +1.7% |
| Gross operating margin | 9900 | €12,632 | -€22,773 | -€35,405 | |
| Operating profit (loss) | 9901 | €10,991 | -€23,539 | -€34,529 | |
| Financial income | 75/76B | €15,005 | €1,512 | -€13,493 | -89.9% |
| Recurring financial income | 75 | €15,005 | €1,512 | -€13,493 | -89.9% |
| Financial charges | 65/66B | €296 | €279 | -€17 | -5.7% |
| Recurring financial charges | 65 | €296 | €279 | -€17 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €25,700 | -€22,305 | -€48,005 | |
| Income taxes | 67/77 | €5,017 | €174 | -€4,843 | -96.5% |
| Profit (loss) for the period | 9904 | €20,683 | -€22,480 | -€43,163 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,683 | -€22,480 | -€43,163 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.