Sofie Van Paesschen: 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 Paesschen
Largest movements
- Cash +€34,118
up €34,118 (+120%), from €28,385 to €62,503
mainly Net result for the year (+€34,051) and Tax, wage and social debts (+€6,205)
- Receivables within one year +€3,101
up €3,101 (+46.5%), from €6,671 to €9,772
of which Other amounts receivable: +€3,738
- Profit (loss) carried forward +€34,051
up €34,051 (+189%), from €18,063 to €52,114
- Tax, wage and social debts +€6,205
up €6,205 (+70.0%), from €8,863 to €15,069
- Trade debts -€1,948
down €1,948 (-79.4%), from €2,453 to €504
- Other debts -€859
down €859 (-100%), from €859 to €0
- Gross operating margin +€24,514
up €24,514 (+131%), from €18,710 to €43,224
- Taxes +€5,172
up €5,172 (+122%), from €4,225 to €9,397
- Depreciation -€568
down €568 (-100%), from €568 to €0
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.
Derived cash bridge
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 | €35,238 | €72,687 | +€37,449 | +106% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €35,238 | €72,687 | +€37,449 | +106% |
| Amounts receivable within one year | 40/41 | €6,671 | €9,772 | +€3,101 | +46.5% |
| Trade receivables | 40 | €637 | €0 | -€637 | -100% |
| Other amounts receivable | 41 | €6,035 | €9,772 | +€3,738 | +61.9% |
| Cash at bank and in hand | 54/58 | €28,385 | €62,503 | +€34,118 | +120% |
| Deferred charges and accrued income | 490/1 | €182 | €411 | +€230 | +126% |
| Total equity and liabilities | 10/49 | €35,238 | €72,687 | +€37,449 | +106% |
| Equity | 10/15 | €23,063 | €57,114 | +€34,051 | +148% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,063 | €52,114 | +€34,051 | +189% |
| Amounts payable | 17/49 | €12,175 | €15,573 | +€3,398 | +27.9% |
| Amounts payable within one year | 42/48 | €12,175 | €15,573 | +€3,398 | +27.9% |
| Trade debts | 44 | €2,453 | €504 | -€1,948 | -79.4% |
| Suppliers | 440/4 | €2,453 | €504 | -€1,948 | -79.4% |
| Taxes, remuneration and social security | 45 | €8,863 | €15,069 | +€6,205 | +70.0% |
| Taxes | 450/3 | €8,863 | €15,069 | +€6,205 | +70.0% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €74 | €0 | -€74 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €568 | €0 | -€568 | -100% |
| Other operating charges | 640/8 | €50 | €144 | +€94 | +188% |
| Gross operating margin | 9900 | €18,710 | €43,224 | +€24,514 | +131% |
| Operating profit (loss) | 9901 | €18,019 | €43,080 | +€25,061 | +139% |
| Financial income | 75/76B | €182 | €411 | +€230 | +126% |
| Recurring financial income | 75 | €182 | €411 | +€230 | +126% |
| Financial charges | 65/66B | €34 | €44 | +€9 | +27.8% |
| Recurring financial charges | 65 | €34 | €44 | +€9 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €18,167 | €43,448 | +€25,281 | +139% |
| Income taxes | 67/77 | €4,225 | €9,397 | +€5,172 | +122% |
| Profit (loss) for the period | 9904 | €13,942 | €34,051 | +€20,109 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €13,942 | €34,051 | +€20,109 | +144% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.