Sofie Van Grieken: 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 Grieken
Largest movements
- Cash +€143,036
up €143,036 (+321.8%), from €44,449 to €187,485
mainly Net result for the year (+€435,682) and Other debts (+€107,589)
- Receivables within one year +€45,530
up €45,530 (+29.6%), from €153,737 to €199,267
of which Trade receivables: +€75,628
- Tangible fixed assets -€11,119
down €11,119 (-54.5%), from €20,412 to €9,293
of which Furniture and vehicles: -€8,058
- Other debts +€107,589
up €107,589 (+32.8%), from €328,093 to €435,682
- Tax, wage and social debts +€69,339
up €69,339 (+111.5%), from €62,214 to €131,553
- Gross operating margin +€138,159
up €138,159 (+30.9%), from €447,419 to €585,578
- Taxes +€38,242
up €38,242 (+36.3%), from €105,355 to €143,597
- Depreciation -€7,888
down €7,888 (-40.1%), from €19,660 to €11,772
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 | €412,944 | €590,391 | +€177,447 | +43.0% |
| Fixed assets | 21/28 | €20,412 | €9,293 | -€11,119 | -54.5% |
| Tangible fixed assets | 22/27 | €20,412 | €9,293 | -€11,119 | -54.5% |
| Plant, machinery and equipment | 23 | €11,188 | €8,127 | -€3,061 | -27.4% |
| Furniture and vehicles | 24 | €9,224 | €1,166 | -€8,058 | -87.4% |
| Current assets | 29/58 | €392,532 | €581,098 | +€188,566 | +48.0% |
| Amounts receivable after more than one year | 29 | €190,000 | €190,000 | = | 0.0% |
| Other amounts receivable | 291 | €190,000 | €190,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €153,737 | €199,267 | +€45,530 | +29.6% |
| Trade receivables | 40 | €118,464 | €194,092 | +€75,628 | +63.8% |
| Other amounts receivable | 41 | €35,273 | €5,175 | -€30,098 | -85.3% |
| Cash at bank and in hand | 54/58 | €44,449 | €187,485 | +€143,036 | +321.8% |
| Deferred charges and accrued income | 490/1 | €4,346 | €4,346 | = | 0.0% |
| Total equity and liabilities | 10/49 | €412,944 | €590,391 | +€177,447 | +43.0% |
| Equity | 10/15 | €20,994 | €20,993 | -€1 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,394 | €2,393 | -€1 | 0.0% |
| Distributable reserves | 133 | €2,394 | €2,393 | -€1 | 0.0% |
| Amounts payable | 17/49 | €391,950 | €569,398 | +€177,448 | +45.3% |
| Amounts payable within one year | 42/48 | €391,950 | €569,398 | +€177,448 | +45.3% |
| Trade debts | 44 | €1,643 | €2,163 | +€520 | +31.6% |
| Suppliers | 440/4 | €1,643 | €2,163 | +€520 | +31.6% |
| Taxes, remuneration and social security | 45 | €62,214 | €131,553 | +€69,339 | +111.5% |
| Taxes | 450/3 | €62,214 | €131,553 | +€69,339 | +111.5% |
| Other amounts payable | 47/48 | €328,093 | €435,682 | +€107,589 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,660 | €11,772 | -€7,888 | -40.1% |
| Other operating charges | 640/8 | €617 | €1,093 | +€476 | +77.1% |
| Gross operating margin | 9900 | €447,419 | €585,578 | +€138,159 | +30.9% |
| Operating profit (loss) | 9901 | €427,142 | €572,713 | +€145,571 | +34.1% |
| Financial income | 75/76B | €6,748 | €6,848 | +€100 | +1.5% |
| Recurring financial income | 75 | €6,748 | €6,848 | +€100 | +1.5% |
| Financial charges | 65/66B | €442 | €282 | -€160 | -36.2% |
| Recurring financial charges | 65 | €442 | €282 | -€160 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €433,448 | €579,279 | +€145,831 | +33.6% |
| Income taxes | 67/77 | €105,355 | €143,597 | +€38,242 | +36.3% |
| Profit (loss) for the period | 9904 | €328,093 | €435,682 | +€107,589 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €328,093 | €435,682 | +€107,589 | +32.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.