Sofie Turcksin: 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 Turcksin
Largest movements
- Cash +€14,537
up €14,537 (+885.9%), from €1,641 to €16,178
mainly Net result for the year (+€27,492) and Depreciation (+€11,800)
- Tangible fixed assets -€11,800
down €11,800 (-70.9%), from €16,633 to €4,833
of which Leasing and similar rights: -€11,683
- Deferred charges and accrued income -€2,753
down €2,753 (-75.2%), from €3,663 to €909
- Receivables within one year +€1,732
up €1,732 (+55.1%), from €3,145 to €4,877
of which Other amounts receivable: +€1,021
- Profit (loss) carried forward +€27,492
up €27,492 (+75.9%), from -€36,215 to -€8,723
- Tax, wage and social debts -€7,461
down €7,461 (-70.7%), from €10,547 to €3,087
of which Remuneration and social security: -€6,489
- Current portion of long-term debt -€6,941
down €6,941 (-57.3%), from €12,106 to €5,165
- Debts after one year -€5,165
no longer reported in 2025 (was €5,165)
- Other debts -€5,000
down €5,000 (-55.5%), from €9,011 to €4,010
- Gross operating margin +€63,102
up €63,102, from -€21,363 to €41,738
- Financial charges -€471
down €471 (-47.8%), from €987 to €515
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 | €25,082 | €26,797 | +€1,716 | +6.8% |
| Fixed assets | 21/28 | €16,633 | €4,833 | -€11,800 | -70.9% |
| Tangible fixed assets | 22/27 | €16,633 | €4,833 | -€11,800 | -70.9% |
| Plant, machinery and equipment | 23 | €118 | - | -€118 | |
| Leasing and similar rights | 25 | €16,516 | €4,833 | -€11,683 | -70.7% |
| Current assets | 29/58 | €8,449 | €21,964 | +€13,516 | +160.0% |
| Amounts receivable within one year | 40/41 | €3,145 | €4,877 | +€1,732 | +55.1% |
| Trade receivables | 40 | €2,645 | €3,357 | +€711 | +26.9% |
| Other amounts receivable | 41 | €500 | €1,521 | +€1,021 | +204.1% |
| Cash at bank and in hand | 54/58 | €1,641 | €16,178 | +€14,537 | +885.9% |
| Deferred charges and accrued income | 490/1 | €3,663 | €909 | -€2,753 | -75.2% |
| Total equity and liabilities | 10/49 | €25,082 | €26,797 | +€1,716 | +6.8% |
| Equity | 10/15 | -€14,258 | €13,234 | +€27,492 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,957 | €1,957 | = | 0.0% |
| Distributable reserves | 133 | €1,957 | €1,957 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,215 | -€8,723 | +€27,492 | +75.9% |
| Amounts payable | 17/49 | €39,340 | €13,564 | -€25,776 | -65.5% |
| Amounts payable after more than one year | 17 | €5,165 | - | -€5,165 | |
| Financial debts | 170/4 | €5,165 | - | -€5,165 | |
| Amounts payable within one year | 42/48 | €34,175 | €13,564 | -€20,611 | -60.3% |
| Current portion of amounts payable after more than one year | 42 | €12,106 | €5,165 | -€6,941 | -57.3% |
| Trade debts | 44 | €2,512 | €1,302 | -€1,210 | -48.2% |
| Suppliers | 440/4 | €2,512 | €1,302 | -€1,210 | -48.2% |
| Taxes, remuneration and social security | 45 | €10,547 | €3,087 | -€7,461 | -70.7% |
| Taxes | 450/3 | €1,746 | €775 | -€972 | -55.6% |
| Remuneration and social security | 454/9 | €8,801 | €2,312 | -€6,489 | -73.7% |
| Other amounts payable | 47/48 | €9,011 | €4,010 | -€5,000 | -55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,954 | €11,800 | -€154 | -1.3% |
| Other operating charges | 640/8 | €1,774 | €1,806 | +€32 | +1.8% |
| Gross operating margin | 9900 | -€21,363 | €41,738 | +€63,102 | |
| Operating profit (loss) | 9901 | -€35,092 | €28,132 | +€63,224 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €987 | €515 | -€471 | -47.8% |
| Recurring financial charges | 65 | €987 | €515 | -€471 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,079 | €27,624 | +€63,702 | |
| Income taxes | 67/77 | €137 | €132 | -€4 | -3.2% |
| Profit (loss) for the period | 9904 | -€36,215 | €27,492 | +€63,707 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,215 | €27,492 | +€63,707 |
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 3 October 2026 via checked.be.