Sofie’s Management: 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’s Management
Largest movements
- Tangible fixed assets +€123,900
up €123,900 (+441.3%), from €28,076 to €151,976
of which Furniture and vehicles: +€125,058
- Current investments -€20,000
down €20,000 (-15.4%), from €130,000 to €110,000
- Cash -€18,165
down €18,165 (-87.7%), from €20,716 to €2,551
mainly Investment in fixed assets (net) (-€129,097) and Tax, wage and social debts (-€25,204)
- Receivables within one year +€17,578
up €17,578, from €0 to €17,578
of which Trade receivables: +€15,428
- Profit (loss) carried forward +€67,606
up €67,606 (+45.5%), from €148,703 to €216,309
- Current portion of long-term debt +€60,000
new in 2025: €60,000
- Tax, wage and social debts -€25,204
down €25,204 (-94.9%), from €26,573 to €1,368
- Gross operating margin +€4,300
up €4,300 (+4.8%), from €88,960 to €93,260
- Taxes +€983
up €983 (+5.1%), from €19,366 to €20,349
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 | €182,356 | €285,247 | +€102,891 | +56.4% |
| Fixed assets | 21/28 | €28,076 | €151,976 | +€123,900 | +441.3% |
| Tangible fixed assets | 22/27 | €28,076 | €151,976 | +€123,900 | +441.3% |
| Plant, machinery and equipment | 23 | €3,106 | €1,948 | -€1,158 | -37.3% |
| Furniture and vehicles | 24 | €24,970 | €150,028 | +€125,058 | +500.8% |
| Current assets | 29/58 | €154,280 | €133,271 | -€21,010 | -13.6% |
| Amounts receivable within one year | 40/41 | €0 | €17,578 | +€17,578 | |
| Trade receivables | 40 | €0 | €15,428 | +€15,428 | |
| Other amounts receivable | 41 | €0 | €2,151 | +€2,151 | |
| Current investments | 50/53 | €130,000 | €110,000 | -€20,000 | -15.4% |
| Cash at bank and in hand | 54/58 | €20,716 | €2,551 | -€18,165 | -87.7% |
| Deferred charges and accrued income | 490/1 | €3,565 | €3,141 | -€423 | -11.9% |
| Total equity and liabilities | 10/49 | €182,356 | €285,247 | +€102,891 | +56.4% |
| Equity | 10/15 | €153,703 | €221,309 | +€67,606 | +44.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,703 | €216,309 | +€67,606 | +45.5% |
| Amounts payable | 17/49 | €28,653 | €63,938 | +€35,285 | +123.1% |
| Amounts payable within one year | 42/48 | €28,653 | €63,938 | +€35,285 | +123.1% |
| Current portion of amounts payable after more than one year | 42 | - | €60,000 | +€60,000 | |
| Trade debts | 44 | €957 | €678 | -€279 | -29.2% |
| Suppliers | 440/4 | €957 | €678 | -€279 | -29.2% |
| Taxes, remuneration and social security | 45 | €26,573 | €1,368 | -€25,204 | -94.9% |
| Taxes | 450/3 | €26,573 | €1,368 | -€25,204 | -94.9% |
| Other amounts payable | 47/48 | €1,123 | €1,891 | +€768 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,953 | €5,197 | +€244 | +4.9% |
| Other operating charges | 640/8 | €1,810 | €2,017 | +€207 | +11.4% |
| Non-recurring operating charges | 66A | €918 | €0 | -€918 | -100.0% |
| Gross operating margin | 9900 | €88,960 | €93,260 | +€4,300 | +4.8% |
| Operating profit (loss) | 9901 | €81,279 | €86,047 | +€4,767 | +5.9% |
| Financial income | 75/76B | €1,575 | €2,331 | +€757 | +48.0% |
| Recurring financial income | 75 | €1,575 | €2,331 | +€757 | +48.0% |
| Financial charges | 65/66B | €175 | €423 | +€247 | +141.0% |
| Recurring financial charges | 65 | €175 | €423 | +€247 | +141.0% |
| Profit (loss) for the period before taxes | 9903 | €82,679 | €87,955 | +€5,277 | +6.4% |
| Income taxes | 67/77 | €19,366 | €20,349 | +€983 | +5.1% |
| Profit (loss) for the period | 9904 | €63,312 | €67,606 | +€4,294 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €63,312 | €67,606 | +€4,294 | +6.8% |
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 30 September 2026 via checked.be.