SOFIEMA: 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.
SOFIEMA
Largest movements
- Cash +€47,115
up €47,115 (+25.7%), from €183,619 to €230,734
mainly Net result for the year (+€44,272) and Other debts (+€27,005)
- Tangible fixed assets -€17,750
down €17,750 (-6.3%), from €281,879 to €264,129
of which Leasing and similar rights: -€9,696
- Other debts +€27,005
up €27,005 (+35.9%), from €75,286 to €102,291
- Gross operating margin -€12,196
down €12,196 (-11.0%), from €110,944 to €98,749
- Taxes -€4,142
down €4,142 (-16.5%), from €25,034 to €20,892
- Depreciation +€1,407
up €1,407 (+5.9%), from €23,764 to €25,171
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 | €482,563 | €513,667 | +€31,105 | +6.4% |
| Fixed assets | 21/28 | €281,879 | €264,129 | -€17,750 | -6.3% |
| Tangible fixed assets | 22/27 | €281,879 | €264,129 | -€17,750 | -6.3% |
| Land and buildings | 22 | €72,200 | €72,200 | = | 0.0% |
| Furniture and vehicles | 24 | €3,781 | €1,892 | -€1,889 | -50.0% |
| Leasing and similar rights | 25 | €90,285 | €80,589 | -€9,696 | -10.7% |
| Other tangible fixed assets | 26 | €115,612 | €109,448 | -€6,165 | -5.3% |
| Current assets | 29/58 | €200,684 | €249,538 | +€48,854 | +24.3% |
| Amounts receivable within one year | 40/41 | €15,431 | €17,152 | +€1,721 | +11.2% |
| Trade receivables | 40 | €14,162 | €11,742 | -€2,421 | -17.1% |
| Other amounts receivable | 41 | €1,269 | €5,410 | +€4,142 | +326.5% |
| Cash at bank and in hand | 54/58 | €183,619 | €230,734 | +€47,115 | +25.7% |
| Deferred charges and accrued income | 490/1 | €1,634 | €1,652 | +€18 | +1.1% |
| Total equity and liabilities | 10/49 | €482,563 | €513,667 | +€31,105 | +6.4% |
| Equity | 10/15 | €396,623 | €400,618 | +€3,995 | +1.0% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €365,623 | €369,618 | +€3,995 | +1.1% |
| Distributable reserves | 133 | €365,623 | €369,618 | +€3,995 | +1.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €85,939 | €113,049 | +€27,109 | +31.5% |
| Amounts payable within one year | 42/48 | €78,626 | €105,948 | +€27,321 | +34.7% |
| Trade debts | 44 | €1,017 | €1,909 | +€892 | +87.8% |
| Suppliers | 440/4 | €1,017 | €1,909 | +€892 | +87.8% |
| Taxes, remuneration and social security | 45 | €2,323 | €1,747 | -€576 | -24.8% |
| Taxes | 450/3 | €2,323 | €1,747 | -€576 | -24.8% |
| Other amounts payable | 47/48 | €75,286 | €102,291 | +€27,005 | +35.9% |
| Accrued charges and deferred income | 492/3 | €7,313 | €7,101 | -€212 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,764 | €25,171 | +€1,407 | +5.9% |
| Other operating charges | 640/8 | €2,979 | €2,915 | -€64 | -2.2% |
| Gross operating margin | 9900 | €110,944 | €98,749 | -€12,196 | -11.0% |
| Operating profit (loss) | 9901 | €84,201 | €70,662 | -€13,538 | -16.1% |
| Financial income | 75/76B | €854 | €1,008 | +€154 | +18.0% |
| Recurring financial income | 75 | €854 | €1,008 | +€154 | +18.0% |
| Financial charges | 65/66B | €6,643 | €6,507 | -€136 | -2.1% |
| Recurring financial charges | 65 | €6,643 | €6,507 | -€136 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €78,412 | €65,164 | -€13,248 | -16.9% |
| Income taxes | 67/77 | €25,034 | €20,892 | -€4,142 | -16.5% |
| Profit (loss) for the period | 9904 | €53,378 | €44,272 | -€9,106 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,378 | €44,272 | -€9,106 | -17.1% |
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 8 October 2026 via checked.be.