Sofie Odent: 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 Odent
Largest movements
- Cash -€45,155
down €45,155 (-27.0%), from €167,546 to €122,391
mainly Contributions, distributions and other (-€307,964) and Other debts (-€53,021)
- Receivables within one year -€7,003
down €7,003 (-42.9%), from €16,308 to €9,305
- Tangible fixed assets -€2,554
down €2,554 (-20.3%), from €12,551 to €9,997
- Deferred charges and accrued income +€2,327
up €2,327 (+129.4%), from €1,799 to €4,126
- Other debts -€53,021
down €53,021 (-27.1%), from €195,433 to €142,412
- Gross operating margin +€79,327
up €79,327 (+24.0%), from €330,806 to €410,133
- Taxes +€19,099
up €19,099 (+24.2%), from €79,019 to €98,118
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 | €198,204 | €145,819 | -€52,385 | -26.4% |
| Fixed assets | 21/28 | €12,551 | €9,997 | -€2,554 | -20.3% |
| Tangible fixed assets | 22/27 | €12,551 | €9,997 | -€2,554 | -20.3% |
| Furniture and vehicles | 24 | €12,551 | €9,997 | -€2,554 | -20.3% |
| Current assets | 29/58 | €185,653 | €135,822 | -€49,831 | -26.8% |
| Amounts receivable within one year | 40/41 | €16,308 | €9,305 | -€7,003 | -42.9% |
| Other amounts receivable | 41 | €16,308 | €9,305 | -€7,003 | -42.9% |
| Cash at bank and in hand | 54/58 | €167,546 | €122,391 | -€45,155 | -27.0% |
| Deferred charges and accrued income | 490/1 | €1,799 | €4,126 | +€2,327 | +129.4% |
| Total equity and liabilities | 10/49 | €198,204 | €145,819 | -€52,385 | -26.4% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €198,104 | €145,719 | -€52,385 | -26.4% |
| Amounts payable within one year | 42/48 | €198,104 | €145,719 | -€52,385 | -26.4% |
| Trade debts | 44 | €2,671 | €3,307 | +€636 | +23.8% |
| Suppliers | 440/4 | €2,671 | €3,307 | +€636 | +23.8% |
| Other amounts payable | 47/48 | €195,433 | €142,412 | -€53,021 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,928 | €4,803 | +€1,874 | +64.0% |
| Other operating charges | 640/8 | €1,051 | €1,043 | -€8 | -0.7% |
| Gross operating margin | 9900 | €330,806 | €410,133 | +€79,327 | +24.0% |
| Operating profit (loss) | 9901 | €326,827 | €404,287 | +€77,460 | +23.7% |
| Financial income | 75/76B | €2,870 | €1,841 | -€1,029 | -35.9% |
| Recurring financial income | 75 | €2,870 | €1,841 | -€1,029 | -35.9% |
| Financial charges | 65/66B | €94 | €46 | -€47 | -50.4% |
| Recurring financial charges | 65 | €94 | €46 | -€47 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €329,603 | €406,082 | +€76,479 | +23.2% |
| Income taxes | 67/77 | €79,019 | €98,118 | +€19,099 | +24.2% |
| Profit (loss) for the period | 9904 | €250,585 | €307,964 | +€57,379 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €250,585 | €307,964 | +€57,379 | +22.9% |
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 4 October 2026 via checked.be.