SOFILUX: 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.
What changed
SOFILUX
NACE 84.130, Public administration and defence; compulsory social security
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8.0m
2024 · €8.7m-€762,856
Equity
€204.0m
2024 · €198.6m+€5.4m
Cash
€5.5m
2024 · €5.3m+€207,920
Balance sheet total
€223.1m
2024 · €221.4m+€1.7m
Largest movements
Assets
- Receivables after one year +€2.5m
up €2.5m (+37.0%), from €6.7m to €9.1m
Equity and liabilities
- Reserves +€5.4m
up €5.4m (+2.7%), from €197.8m to €203.2m
of which Distributable reserves: +€5.4m
Income statement
- Services and other goods +€555,154
up €555,154 (+71.8%), from €773,438 to €1.3m
- Financial income -€288,275
down €288,275 (-2.9%), from €9.8m to €9.5m
- Financial charges -€44,076
down €44,076 (-18.2%), from €242,619 to €198,543
- Staff costs -€43,982
down €43,982 (-96.2%), from €45,738 to €1,756
- Other operating income -€15,298
down €15,298 (-23.4%), from €65,257 to €49,960
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.
Result 2024
€8.7m
Turnover
+€2,684
Other operating income
-€15,298
Services and other goods
-€555,154
Staff costs
+€43,982
Depreciation
+€0
Other operating charges
+€5,528
Financial income
-€288,275
Financial charges
+€44,076
Taxes
-€401
Result 2025
€8.0m
raises the resultlowers the result
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.
From operations
+€4.4m
Investment
+€723,359
Financing
-€5.0m
Cash 2024
€5.3m
From operations (derived)
+€4.4m
Net result for the year
+€8.0m
Depreciation
+€97,360
Receivables after one year
-€2.5m
Receivables within one year
+€196,816
Deferred charges and accrued income
-€27,096
Smaller working-capital items
+€15,992
Other debts
-€1.3m
Investment (derived)
+€723,359
Investment in fixed assets (net)
-€1.2m
Current investments
+€1.9m
Financing
-€5.0m
Debts after one year
-€2.2m
Current portion of long-term debt
-€207,736
Contributions, distributions and other
-€2.6m
Cash 2025
€5.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,432,211 | €223,121,977 | +€1.7m | +0.8% |
| Fixed assets | 21/28 | €204,217,730 | €205,272,973 | +€1.1m | +0.5% |
| Tangible fixed assets | 22/27 | €2,175,790 | €2,078,431 | -€97,360 | -4.5% |
| Land and buildings | 22 | €2,159,458 | €2,069,507 | -€89,951 | -4.2% |
| Plant, machinery and equipment | 23 | €8,835 | €7,847 | -€987 | -11.2% |
| Furniture and vehicles | 24 | €7,398 | €976 | -€6,421 | -86.8% |
| Leasing and similar rights | 25 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €202,041,940 | €203,194,542 | +€1.2m | +0.6% |
| Affiliated companies | 280/1 | €184,218,506 | €0 | -€184.2m | -100% |
| Participating interests | 280 | €181,990,486 | €0 | -€182.0m | -100% |
| Amounts receivable | 281 | €2,228,019 | €0 | -€2.2m | -100% |
| Companies linked by participating interests | 282/3 | - | €180,048,855 | +€180.0m | |
| Participating interests | 282 | - | €177,700,835 | +€177.7m | |
| Amounts receivable | 283 | - | €2,348,019 | +€2.3m | |
| Other financial fixed assets | 284/8 | €17,823,434 | €23,145,688 | +€5.3m | +29.9% |
| Shares | 284 | €17,823,071 | €23,145,325 | +€5.3m | +29.9% |
| Amounts receivable and cash guarantees | 285/8 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €17,214,481 | €17,849,004 | +€634,523 | +3.7% |
| Amounts receivable after more than one year | 29 | €6,675,488 | €9,147,773 | +€2.5m | +37.0% |
| Other amounts receivable | 291 | €6,675,488 | €9,147,773 | +€2.5m | +37.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €831,237 | €634,422 | -€196,816 | -23.7% |
| Trade receivables | 40 | €71,178 | €64,121 | -€7,057 | -9.9% |
| Other amounts receivable | 41 | €760,059 | €570,300 | -€189,759 | -25.0% |
| Current investments | 50/53 | €4,000,396 | €2,124,435 | -€1.9m | -46.9% |
| Other investments | 51/53 | €4,000,396 | €2,124,435 | -€1.9m | -46.9% |
| Cash at bank and in hand | 54/58 | €5,282,574 | €5,490,495 | +€207,920 | +3.9% |
| Deferred charges and accrued income | 490/1 | €424,784 | €451,880 | +€27,096 | +6.4% |
| Total equity and liabilities | 10/49 | €221,432,211 | €223,121,977 | +€1.7m | +0.8% |
| Equity | 10/15 | €198,594,282 | €203,979,654 | +€5.4m | +2.7% |
| Contributions | 10/11 | €64,958 | €64,958 | = | 0.0% |
| Reserves | 13 | €197,802,051 | €203,217,726 | +€5.4m | +2.7% |
| Non-distributable reserves | 130/1 | €6,496 | €6,496 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,496 | €6,496 | = | 0.0% |
| Distributable reserves | 133 | €197,795,555 | €203,211,231 | +€5.4m | +2.7% |
| Investment grants | 15 | €727,273 | €696,970 | -€30,303 | -4.2% |
| Amounts payable | 17/49 | €22,837,929 | €19,142,322 | -€3.7m | -16.2% |
| Amounts payable after more than one year | 17 | €16,496,348 | €14,338,765 | -€2.2m | -13.1% |
| Financial debts | 170/4 | €16,496,348 | €14,338,765 | -€2.2m | -13.1% |
| Credit institutions | 173 | €16,096,348 | €14,338,765 | -€1.8m | -10.9% |
| Other loans | 174 | €400,000 | €0 | -€400,000 | -100% |
| Amounts payable within one year | 42/48 | €6,341,581 | €4,803,557 | -€1.5m | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €1,965,319 | €1,757,583 | -€207,736 | -10.6% |
| Trade debts | 44 | €7,043 | €8,892 | +€1,849 | +26.2% |
| Suppliers | 440/4 | €7,043 | €8,892 | +€1,849 | +26.2% |
| Advances received on contracts in progress | 46 | - | €8,400 | +€8,400 | |
| Taxes, remuneration and social security | 45 | €5,327 | €11,070 | +€5,743 | +108% |
| Taxes | 450/3 | €0 | €5,531 | +€5,531 | |
| Remuneration and social security | 454/9 | €5,327 | €5,540 | +€212 | +4.0% |
| Other amounts payable | 47/48 | €4,363,891 | €3,017,612 | -€1.3m | -30.9% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | 0.0% |
| Operating income | 70/76A | €153,963 | €141,349 | -€12,614 | -8.2% |
| Turnover | 70 | €88,705 | €91,389 | +€2,684 | +3.0% |
| Other operating income | 74 | €65,257 | €49,960 | -€15,298 | -23.4% |
| Operating charges | 60/66A | €947,975 | €1,453,618 | +€505,643 | +53.3% |
| Services and other goods | 61 | €773,438 | €1,328,592 | +€555,154 | +71.8% |
| Remuneration, social security and pensions | 62 | €45,738 | €1,756 | -€43,982 | -96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,360 | €97,360 | -€0 | 0.0% |
| Other operating charges | 640/8 | €31,440 | €25,911 | -€5,528 | -17.6% |
| Operating profit (loss) | 9901 | -€794,012 | -€1,312,269 | -€518,257 | -65.3% |
| Financial income | 75/76B | €9,774,945 | €9,486,670 | -€288,275 | -2.9% |
| Recurring financial income | 75 | €9,774,945 | €9,486,670 | -€288,275 | -2.9% |
| Income from financial fixed assets | 750 | €9,744,642 | €9,404,929 | -€339,712 | -3.5% |
| Income from current assets | 751 | - | €50,712 | +€50,712 | |
| Other financial income | 752/9 | €30,303 | €31,029 | +€725 | +2.4% |
| Financial charges | 65/66B | €242,619 | €198,543 | -€44,076 | -18.2% |
| Recurring financial charges | 65 | €242,619 | €198,543 | -€44,076 | -18.2% |
| Debt charges | 650 | €241,870 | €197,738 | -€44,131 | -18.2% |
| Other financial charges | 652/9 | €750 | €804 | +€55 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €8,738,313 | €7,975,858 | -€762,455 | -8.7% |
| Income taxes | 67/77 | - | €401 | +€401 | |
| Taxes | 670/3 | - | €401 | +€401 | |
| Profit (loss) for the period | 9904 | €8,738,313 | €7,975,457 | -€762,856 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,738,313 | €7,975,457 | -€762,856 | -8.7% |
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 18 October 2026 via checked.be.