SOFIESAM: 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.
SOFIESAM
Largest movements
- Tangible fixed assets +€169,765
up €169,765 (+13.2%), from €1.3m to €1.5m
of which Land and buildings: +€247,613
- Cash +€65,412
up €65,412 (+20.7%), from €316,131 to €381,543
mainly Debts after one year (+€263,339) and Net result for the year (+€187,745)
- Stocks and contracts -€23,280
down €23,280 (-55.0%), from €42,364 to €19,084
- Debts after one year +€263,339
up €263,339 (+46.0%), from €572,792 to €836,131
of which Financial debts: +€262,539
- Reserves -€187,801
down €187,801 (-20.8%), from €903,040 to €715,239
of which Distributable reserves: -€187,801
- Trade debts +€54,941
up €54,941 (+122%), from €45,111 to €100,051
- Tax, wage and social debts +€49,441
up €49,441 (+64.1%), from €77,107 to €126,548
of which Taxes: +€54,261
- Current portion of long-term debt +€47,682
up €47,682 (+54.4%), from €87,689 to €135,372
- Gross operating margin -€12,890
down €12,890 (-1.5%), from €875,089 to €862,199
- Financial charges +€10,651
up €10,651 (+50.3%), from €21,171 to €31,822
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 | €1,712,553 | €1,941,119 | +€228,566 | +13.3% |
| Fixed assets | 21/28 | €1,295,383 | €1,465,148 | +€169,765 | +13.1% |
| Tangible fixed assets | 22/27 | €1,287,902 | €1,457,667 | +€169,765 | +13.2% |
| Land and buildings | 22 | €913,314 | €1,160,927 | +€247,613 | +27.1% |
| Plant, machinery and equipment | 23 | €30,284 | €41,283 | +€10,999 | +36.3% |
| Furniture and vehicles | 24 | €170,705 | €99,501 | -€71,204 | -41.7% |
| Other tangible fixed assets | 26 | €173,598 | €155,956 | -€17,642 | -10.2% |
| Financial fixed assets | 28 | €7,481 | €7,481 | = | 0.0% |
| Current assets | 29/58 | €417,171 | €475,971 | +€58,800 | +14.1% |
| Stocks and contracts in progress | 3 | €42,364 | €19,084 | -€23,280 | -55.0% |
| Stocks | 30/36 | €42,364 | €19,084 | -€23,280 | -55.0% |
| Amounts receivable within one year | 40/41 | €50,412 | €64,003 | +€13,591 | +27.0% |
| Trade receivables | 40 | €23,675 | €36,918 | +€13,243 | +55.9% |
| Other amounts receivable | 41 | €26,736 | €27,084 | +€348 | +1.3% |
| Cash at bank and in hand | 54/58 | €316,131 | €381,543 | +€65,412 | +20.7% |
| Deferred charges and accrued income | 490/1 | €8,264 | €11,341 | +€3,077 | +37.2% |
| Total equity and liabilities | 10/49 | €1,712,553 | €1,941,119 | +€228,566 | +13.3% |
| Equity | 10/15 | €921,640 | €733,839 | -€187,801 | -20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €903,040 | €715,239 | -€187,801 | -20.8% |
| Tax-exempt reserves | 132 | €19,681 | €19,681 | = | 0.0% |
| Distributable reserves | 133 | €883,359 | €695,559 | -€187,801 | -21.3% |
| Amounts payable | 17/49 | €790,913 | €1,207,280 | +€416,367 | +52.6% |
| Amounts payable after more than one year | 17 | €572,792 | €836,131 | +€263,339 | +46.0% |
| Financial debts | 170/4 | €572,792 | €835,331 | +€262,539 | +45.8% |
| Other amounts payable | 178/9 | - | €800 | +€800 | |
| Amounts payable within one year | 42/48 | €213,651 | €366,380 | +€152,729 | +71.5% |
| Current portion of amounts payable after more than one year | 42 | €87,689 | €135,372 | +€47,682 | +54.4% |
| Trade debts | 44 | €45,111 | €100,051 | +€54,941 | +122% |
| Suppliers | 440/4 | €45,111 | €100,051 | +€54,941 | +122% |
| Taxes, remuneration and social security | 45 | €77,107 | €126,548 | +€49,441 | +64.1% |
| Taxes | 450/3 | €42,208 | €96,469 | +€54,261 | +129% |
| Remuneration and social security | 454/9 | €34,899 | €30,079 | -€4,820 | -13.8% |
| Other amounts payable | 47/48 | €3,744 | €4,409 | +€665 | +17.8% |
| Accrued charges and deferred income | 492/3 | €4,471 | €4,769 | +€298 | +6.7% |
| Non-recurring operating income | 76A | - | €38,701 | +€38,701 | |
| Remuneration, social security and pensions | 62 | €399,113 | €392,023 | -€7,090 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,948 | €165,980 | +€3,032 | +1.9% |
| Other operating charges | 640/8 | €9,045 | €12,070 | +€3,025 | +33.4% |
| Gross operating margin | 9900 | €875,089 | €862,199 | -€12,890 | -1.5% |
| Operating profit (loss) | 9901 | €303,984 | €292,127 | -€11,857 | -3.9% |
| Financial income | 75/76B | €6,802 | €5,757 | -€1,044 | -15.4% |
| Recurring financial income | 75 | €6,802 | €5,757 | -€1,044 | -15.4% |
| Financial charges | 65/66B | €21,171 | €31,822 | +€10,651 | +50.3% |
| Recurring financial charges | 65 | €21,171 | €31,822 | +€10,651 | +50.3% |
| Profit (loss) for the period before taxes | 9903 | €289,614 | €266,062 | -€23,552 | -8.1% |
| Income taxes | 67/77 | €85,757 | €78,317 | -€7,440 | -8.7% |
| Profit (loss) for the period | 9904 | €203,857 | €187,745 | -€16,112 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €203,857 | €187,745 | -€16,112 | -7.9% |
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 15 October 2026 via checked.be.