SOFIMAR: 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.
SOFIMAR
Largest movements
- Cash -€4,546
down €4,546 (-78.9%), from €5,759 to €1,213
mainly Other debts (-€16,500) and Net result for the year (-€6,387)
- Receivables within one year -€3,489
down €3,489 (-61.4%), from €5,678 to €2,189
- Stocks and contracts +€1,971
up €1,971 (+9.7%), from €20,309 to €22,280
- Other debts -€16,500
no longer reported in 2025 (was €16,500)
- Debts after one year +€12,241
new in 2025: €12,241
- Profit (loss) carried forward -€6,387
down €6,387 (-37.8%), from -€16,911 to -€23,298
- Tax, wage and social debts +€3,607
up €3,607 (+38.1%), from €9,460 to €13,066
of which Taxes: +€2,995
- Current portion of long-term debt +€3,203
new in 2025: €3,203
- Write-downs +€6,811
new in 2025: €6,811
- Gross operating margin -€5,240
down €5,240 (-11.5%), from €45,480 to €40,240
- Staff costs +€3,483
up €3,483 (+10.0%), from €34,676 to €38,159
- Financial charges +€587
up €587 (+131.6%), from €446 to €1,034
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 | €31,746 | €25,683 | -€6,063 | -19.1% |
| Current assets | 29/58 | €31,746 | €25,683 | -€6,063 | -19.1% |
| Stocks and contracts in progress | 3 | €20,309 | €22,280 | +€1,971 | +9.7% |
| Stocks | 30/36 | €20,309 | €22,280 | +€1,971 | +9.7% |
| Amounts receivable within one year | 40/41 | €5,678 | €2,189 | -€3,489 | -61.4% |
| Trade receivables | 40 | €5,678 | €2,189 | -€3,489 | -61.4% |
| Cash at bank and in hand | 54/58 | €5,759 | €1,213 | -€4,546 | -78.9% |
| Total equity and liabilities | 10/49 | €31,746 | €25,683 | -€6,063 | -19.1% |
| Equity | 10/15 | €1,898 | -€4,488 | -€6,387 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €209 | €209 | = | 0.0% |
| Non-distributable reserves | 130/1 | €209 | €209 | = | 0.0% |
| Other | 1319 | €209 | €209 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,911 | -€23,298 | -€6,387 | -37.8% |
| Amounts payable | 17/49 | €29,848 | €30,171 | +€323 | +1.1% |
| Amounts payable after more than one year | 17 | - | €12,241 | +€12,241 | |
| Financial debts | 170/4 | - | €12,241 | +€12,241 | |
| Amounts payable within one year | 42/48 | €29,848 | €17,930 | -€11,918 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,203 | +€3,203 | |
| Trade debts | 44 | €3,888 | €1,660 | -€2,228 | -57.3% |
| Suppliers | 440/4 | €3,888 | €1,660 | -€2,228 | -57.3% |
| Taxes, remuneration and social security | 45 | €9,460 | €13,066 | +€3,607 | +38.1% |
| Taxes | 450/3 | €2,869 | €5,864 | +€2,995 | +104.4% |
| Remuneration and social security | 454/9 | €6,590 | €7,203 | +€612 | +9.3% |
| Other amounts payable | 47/48 | €16,500 | - | -€16,500 | |
| Remuneration, social security and pensions | 62 | €34,676 | €38,159 | +€3,483 | +10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,811 | +€6,811 | |
| Other operating charges | 640/8 | €611 | €624 | +€12 | +2.0% |
| Gross operating margin | 9900 | €45,480 | €40,240 | -€5,240 | -11.5% |
| Operating profit (loss) | 9901 | €10,192 | -€5,354 | -€15,546 | |
| Financial income | 75/76B | €163 | €1 | -€162 | -99.6% |
| Recurring financial income | 75 | €163 | €1 | -€162 | -99.6% |
| Financial charges | 65/66B | €446 | €1,034 | +€587 | +131.6% |
| Recurring financial charges | 65 | €446 | €1,034 | +€587 | +131.6% |
| Profit (loss) for the period before taxes | 9903 | €9,909 | -€6,387 | -€16,295 | |
| Profit (loss) for the period | 9904 | €9,909 | -€6,387 | -€16,295 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,909 | -€6,387 | -€16,295 |
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 6 October 2026 via checked.be.