Sofie Mombaerts Law: 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 Mombaerts Law
Largest movements
- Receivables within one year +€14,054
up €14,054 (+1882.1%), from €747 to €14,801
of which Trade receivables: +€12,100
- Tangible fixed assets -€11,290
down €11,290 (-23.1%), from €48,870 to €37,580
- Cash +€8,035
up €8,035 (+60.2%), from €13,339 to €21,374
mainly Net result for the year (+€32,676) and Depreciation (+€11,290)
- Profit (loss) carried forward +€32,676
up €32,676 (+110.1%), from €29,673 to €62,349
- Debts after one year -€12,656
down €12,656 (-15.5%), from €81,438 to €68,781
- Other debts -€11,595
down €11,595 (-22.1%), from €52,462 to €40,868
- Accrued charges and deferred income +€3,314
new in 2025: €3,314
- Gross operating margin +€26,135
up €26,135 (+72.6%), from €35,981 to €62,117
- Financial charges +€5,566
up €5,566 (+1772.4%), from €314 to €5,880
- Taxes +€4,318
up €4,318 (+59.6%), from €7,246 to €11,564
- Depreciation +€3,730
up €3,730 (+49.3%), from €7,560 to €11,290
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 | €188,512 | €199,323 | +€10,811 | +5.7% |
| Fixed assets | 21/28 | €173,870 | €162,580 | -€11,290 | -6.5% |
| Tangible fixed assets | 22/27 | €48,870 | €37,580 | -€11,290 | -23.1% |
| Furniture and vehicles | 24 | €48,870 | €37,580 | -€11,290 | -23.1% |
| Financial fixed assets | 28 | €125,000 | €125,000 | = | 0.0% |
| Current assets | 29/58 | €14,642 | €36,743 | +€22,101 | +150.9% |
| Amounts receivable within one year | 40/41 | €747 | €14,801 | +€14,054 | +1882.1% |
| Trade receivables | 40 | €0 | €12,100 | +€12,100 | |
| Other amounts receivable | 41 | €747 | €2,701 | +€1,954 | +261.7% |
| Cash at bank and in hand | 54/58 | €13,339 | €21,374 | +€8,035 | +60.2% |
| Deferred charges and accrued income | 490/1 | €556 | €568 | +€11 | +2.0% |
| Total equity and liabilities | 10/49 | €188,512 | €199,323 | +€10,811 | +5.7% |
| Equity | 10/15 | €31,873 | €64,549 | +€32,676 | +102.5% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,673 | €62,349 | +€32,676 | +110.1% |
| Amounts payable | 17/49 | €156,639 | €134,774 | -€21,865 | -14.0% |
| Amounts payable after more than one year | 17 | €81,438 | €68,781 | -€12,656 | -15.5% |
| Financial debts | 170/4 | €81,438 | €68,781 | -€12,656 | -15.5% |
| Amounts payable within one year | 42/48 | €75,201 | €62,678 | -€12,523 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €12,312 | €12,656 | +€344 | +2.8% |
| Trade debts | 44 | €215 | €188 | -€27 | -12.7% |
| Suppliers | 440/4 | €215 | €188 | -€27 | -12.7% |
| Taxes, remuneration and social security | 45 | €10,212 | €8,967 | -€1,245 | -12.2% |
| Taxes | 450/3 | €10,212 | €8,967 | -€1,245 | -12.2% |
| Other amounts payable | 47/48 | €52,462 | €40,868 | -€11,595 | -22.1% |
| Accrued charges and deferred income | 492/3 | - | €3,314 | +€3,314 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,560 | €11,290 | +€3,730 | +49.3% |
| Other operating charges | 640/8 | €930 | €707 | -€223 | -24.0% |
| Gross operating margin | 9900 | €35,981 | €62,117 | +€26,135 | +72.6% |
| Operating profit (loss) | 9901 | €27,492 | €50,120 | +€22,628 | +82.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €314 | €5,880 | +€5,566 | +1772.4% |
| Recurring financial charges | 65 | €314 | €5,880 | +€5,566 | +1772.4% |
| Profit (loss) for the period before taxes | 9903 | €27,178 | €44,240 | +€17,062 | +62.8% |
| Income taxes | 67/77 | €7,246 | €11,564 | +€4,318 | +59.6% |
| Profit (loss) for the period | 9904 | €19,932 | €32,676 | +€12,744 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,932 | €32,676 | +€12,744 | +63.9% |
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 5 October 2026 via checked.be.