SOFIE VAN BREEDAM: what changed
Two financial 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 VAN BREEDAM
Largest movements
- Cash +€222,555
up €222,555 (+53.9%), from €413,190 to €635,745
mainly Other debts (+€621,303) and Net result for the year (+€499,122)
- Receivables within one year +€105,641
up €105,641 (+15.4%), from €686,817 to €792,458
- Current investments +€32,154
up €32,154 (+6.2%), from €515,411 to €547,566
- Other debts +€621,303
up €621,303 (+423.3%), from €146,773 to €768,076
- Reserves -€363,012
down €363,012 (-30.8%), from €1.2m to €816,579
of which Distributable reserves: -€363,012
- Tax, wage and social debts +€42,709
up €42,709 (+81.2%), from €52,589 to €95,298
- Short-term financial debts +€37,958
up €37,958 (+9.4%), from €403,083 to €441,042
- Gross operating margin +€60,793
up €60,793 (+10.6%), from €573,343 to €634,137
- Financial income -€33,122
down €33,122 (-34.2%), from €96,904 to €63,782
- Taxes -€24,570
down €24,570 (-14.0%), from €176,013 to €151,443
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 | €1,841,410 | €2,182,902 | +€341,492 | +18.5% |
| Fixed assets | 21/28 | €210,535 | €189,951 | -€20,584 | -9.8% |
| Tangible fixed assets | 22/27 | €210,535 | €189,951 | -€20,584 | -9.8% |
| Land and buildings | 22 | €166,978 | €160,026 | -€6,952 | -4.2% |
| Plant, machinery and equipment | 23 | €2,290 | €1,272 | -€1,018 | -44.5% |
| Furniture and vehicles | 24 | €41,266 | €28,653 | -€12,613 | -30.6% |
| Current assets | 29/58 | €1,630,875 | €1,992,951 | +€362,076 | +22.2% |
| Amounts receivable within one year | 40/41 | €686,817 | €792,458 | +€105,641 | +15.4% |
| Other amounts receivable | 41 | €686,817 | €792,458 | +€105,641 | +15.4% |
| Current investments | 50/53 | €515,411 | €547,566 | +€32,154 | +6.2% |
| Cash at bank and in hand | 54/58 | €413,190 | €635,745 | +€222,555 | +53.9% |
| Deferred charges and accrued income | 490/1 | €15,456 | €17,182 | +€1,726 | +11.2% |
| Total equity and liabilities | 10/49 | €1,841,410 | €2,182,902 | +€341,492 | +18.5% |
| Equity | 10/15 | €1,209,591 | €846,579 | -€363,012 | -30.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,179,591 | €816,579 | -€363,012 | -30.8% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €1,176,591 | €813,579 | -€363,012 | -30.9% |
| Amounts payable | 17/49 | €631,819 | €1,336,324 | +€704,505 | +111.5% |
| Amounts payable within one year | 42/48 | €607,465 | €1,308,370 | +€700,905 | +115.4% |
| Financial debts | 43 | €403,083 | €441,042 | +€37,958 | +9.4% |
| Other loans | 439 | €403,083 | €441,042 | +€37,958 | +9.4% |
| Trade debts | 44 | €5,019 | €3,954 | -€1,065 | -21.2% |
| Suppliers | 440/4 | €5,019 | €3,954 | -€1,065 | -21.2% |
| Taxes, remuneration and social security | 45 | €52,589 | €95,298 | +€42,709 | +81.2% |
| Taxes | 450/3 | €52,589 | €95,298 | +€42,709 | +81.2% |
| Other amounts payable | 47/48 | €146,773 | €768,076 | +€621,303 | +423.3% |
| Accrued charges and deferred income | 492/3 | €24,354 | €27,954 | +€3,599 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,098 | €22,462 | +€364 | +1.6% |
| Other operating charges | 640/8 | €573 | €598 | +€25 | +4.4% |
| Gross operating margin | 9900 | €573,343 | €634,137 | +€60,793 | +10.6% |
| Operating profit (loss) | 9901 | €550,673 | €611,077 | +€60,404 | +11.0% |
| Financial income | 75/76B | €96,904 | €63,782 | -€33,122 | -34.2% |
| Recurring financial income | 75 | €96,904 | €63,782 | -€33,122 | -34.2% |
| Financial charges | 65/66B | €22,923 | €24,295 | +€1,372 | +6.0% |
| Recurring financial charges | 65 | €22,923 | €24,295 | +€1,372 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €624,654 | €650,565 | +€25,910 | +4.1% |
| Income taxes | 67/77 | €176,013 | €151,443 | -€24,570 | -14.0% |
| Profit (loss) for the period | 9904 | €448,641 | €499,122 | +€50,481 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €448,641 | €499,122 | +€50,481 | +11.3% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.