SOFIE MATTHYS: 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.
SOFIE MATTHYS
Largest movements
- Current investments +€70,000
new in 2025: €70,000
- Cash +€15,792
up €15,792 (+43.6%), from €36,248 to €52,040
mainly Net result for the year (+€64,396) and Tax, wage and social debts (+€22,822)
- Tangible fixed assets -€2,022
down €2,022 (-27.1%), from €7,473 to €5,451
of which Other tangible fixed assets: -€1,871
- Reserves +€63,563
up €63,563 (+771.1%), from €8,243 to €71,806
- Tax, wage and social debts +€22,822
up €22,822 (+162.3%), from €14,058 to €36,880
of which Taxes: +€24,205
- Trade debts -€7,881
down €7,881 (-98.5%), from €8,000 to €120
- Other debts +€4,790
up €4,790 (+452.2%), from €1,059 to €5,849
- Gross operating margin +€78,310
up €78,310 (+593.7%), from €13,189 to €91,499
- Taxes +€21,410
up €21,410 (+701.9%), from €3,050 to €24,461
- Depreciation +€1,792
up €1,792 (+780.7%), from €230 to €2,022
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 | €46,361 | €129,655 | +€83,294 | +179.7% |
| Fixed assets | 21/28 | €7,473 | €5,451 | -€2,022 | -27.1% |
| Tangible fixed assets | 22/27 | €7,473 | €5,451 | -€2,022 | -27.1% |
| Furniture and vehicles | 24 | €410 | €259 | -€151 | -36.9% |
| Other tangible fixed assets | 26 | €7,063 | €5,192 | -€1,871 | -26.5% |
| Current assets | 29/58 | €38,888 | €124,204 | +€85,316 | +219.4% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €36,248 | €52,040 | +€15,792 | +43.6% |
| Deferred charges and accrued income | 490/1 | €2,639 | €2,163 | -€476 | -18.0% |
| Total equity and liabilities | 10/49 | €46,361 | €129,655 | +€83,294 | +179.7% |
| Equity | 10/15 | €23,243 | €86,806 | +€63,563 | +273.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €8,243 | €71,806 | +€63,563 | +771.1% |
| Distributable reserves | 133 | €8,243 | €71,806 | +€63,563 | +771.1% |
| Amounts payable | 17/49 | €23,118 | €42,849 | +€19,731 | +85.4% |
| Amounts payable within one year | 42/48 | €23,118 | €42,849 | +€19,731 | +85.4% |
| Trade debts | 44 | €8,000 | €120 | -€7,881 | -98.5% |
| Suppliers | 440/4 | €8,000 | €120 | -€7,881 | -98.5% |
| Taxes, remuneration and social security | 45 | €14,058 | €36,880 | +€22,822 | +162.3% |
| Taxes | 450/3 | €12,561 | €36,766 | +€24,205 | +192.7% |
| Remuneration and social security | 454/9 | €1,498 | €114 | -€1,383 | -92.4% |
| Other amounts payable | 47/48 | €1,059 | €5,849 | +€4,790 | +452.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | €2,022 | +€1,792 | +780.7% |
| Other operating charges | 640/8 | €768 | €669 | -€99 | -12.8% |
| Gross operating margin | 9900 | €13,189 | €91,499 | +€78,310 | +593.7% |
| Operating profit (loss) | 9901 | €12,192 | €88,808 | +€76,616 | +628.4% |
| Financial income | 75/76B | - | €105 | +€105 | |
| Recurring financial income | 75 | - | €105 | +€105 | |
| Financial charges | 65/66B | €66 | €57 | -€9 | -13.1% |
| Recurring financial charges | 65 | €66 | €57 | -€9 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €12,127 | €88,856 | +€76,730 | +632.7% |
| Income taxes | 67/77 | €3,050 | €24,461 | +€21,410 | +701.9% |
| Profit (loss) for the period | 9904 | €9,076 | €64,396 | +€55,320 | +609.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,076 | €64,396 | +€55,320 | +609.5% |
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 6 October 2026 via checked.be.