Sofimo: 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.
Sofimo
Largest movements
- Stocks and contracts +€172,342
up €172,342 (+21.4%), from €805,060 to €977,402
- Cash +€95,982
up €95,982 (+11.3%), from €853,069 to €949,051
mainly Net result for the year (+€177,098) and Other debts (+€72,893)
- Tangible fixed assets -€61,756
down €61,756 (-13.2%), from €468,704 to €406,948
of which Land and buildings: -€60,798
- Reserves +€130,542
up €130,542 (+7.6%), from €1.7m to €1.8m
of which Distributable reserves: +€121,687
- Other debts +€72,893
up €72,893 (+35.2%), from €207,075 to €279,968
- Write-downs -€172,342
new in 2025: -€172,342
- Gross operating margin -€28,350
down €28,350 (-26.9%), from €105,389 to €77,039
- Taxes +€11,961
up €11,961 (+329.7%), from €3,628 to €15,590
- Financial income +€8,003
up €8,003 (+5335.0%), from €150 to €8,153
- Other operating charges -€7,574
down €7,574 (-31.1%), from €24,382 to €16,808
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 | €2,231,918 | €2,435,235 | +€203,316 | +9.1% |
| Fixed assets | 21/28 | €468,704 | €406,948 | -€61,756 | -13.2% |
| Tangible fixed assets | 22/27 | €468,704 | €406,948 | -€61,756 | -13.2% |
| Land and buildings | 22 | €467,669 | €406,871 | -€60,798 | -13.0% |
| Plant, machinery and equipment | 23 | €1,035 | €76 | -€958 | -92.6% |
| Current assets | 29/58 | €1,763,214 | €2,028,287 | +€265,073 | +15.0% |
| Stocks and contracts in progress | 3 | €805,060 | €977,402 | +€172,342 | +21.4% |
| Stocks | 30/36 | €805,060 | €977,402 | +€172,342 | +21.4% |
| Amounts receivable within one year | 40/41 | €16,086 | €12,834 | -€3,252 | -20.2% |
| Trade receivables | 40 | €6,500 | €3,032 | -€3,467 | -53.3% |
| Other amounts receivable | 41 | €9,586 | €9,801 | +€215 | +2.2% |
| Current investments | 50/53 | €89,000 | €89,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €853,069 | €949,051 | +€95,982 | +11.3% |
| Total equity and liabilities | 10/49 | €2,231,918 | €2,435,235 | +€203,316 | +9.1% |
| Equity | 10/15 | €1,982,716 | €2,113,258 | +€130,542 | +6.6% |
| Contributions | 10/11 | €1,291,208 | €1,291,208 | = | 0.0% |
| Capital | 10 | €1,291,208 | €1,291,208 | = | 0.0% |
| Issued capital | 100 | €1,291,208 | €1,291,208 | = | 0.0% |
| Reserves | 13 | €1,716,721 | €1,847,264 | +€130,542 | +7.6% |
| Non-distributable reserves | 130/1 | €99,987 | €108,842 | +€8,855 | +8.9% |
| Legal reserve | 130 | €99,987 | €108,842 | +€8,855 | +8.9% |
| Distributable reserves | 133 | €1,616,734 | €1,738,422 | +€121,687 | +7.5% |
| Profit (loss) carried forward | 14 | -€1,025,214 | -€1,025,214 | = | 0.0% |
| Amounts payable | 17/49 | €249,202 | €321,976 | +€72,774 | +29.2% |
| Amounts payable within one year | 42/48 | €239,208 | €312,476 | +€73,267 | +30.6% |
| Trade debts | 44 | €10,756 | €6,795 | -€3,960 | -36.8% |
| Suppliers | 440/4 | €10,756 | €6,795 | -€3,960 | -36.8% |
| Advances received on contracts in progress | 46 | €12,103 | - | -€12,103 | |
| Taxes, remuneration and social security | 45 | €9,275 | €25,712 | +€16,437 | +177.2% |
| Taxes | 450/3 | €9,275 | €25,712 | +€16,437 | +177.2% |
| Other amounts payable | 47/48 | €207,075 | €279,968 | +€72,893 | +35.2% |
| Accrued charges and deferred income | 492/3 | €9,994 | €9,501 | -€493 | -4.9% |
| Non-recurring operating income | 76A | €170,268 | €89,890 | -€80,378 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,577 | €27,938 | -€1,639 | -5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€172,342 | -€172,342 | |
| Other operating charges | 640/8 | €24,382 | €16,808 | -€7,574 | -31.1% |
| Non-recurring operating charges | 66A | - | €6,035 | +€6,035 | |
| Gross operating margin | 9900 | €105,389 | €77,039 | -€28,350 | -26.9% |
| Operating profit (loss) | 9901 | €51,429 | €198,600 | +€147,170 | +286.2% |
| Financial income | 75/76B | €150 | €8,153 | +€8,003 | +5335.0% |
| Recurring financial income | 75 | €150 | €8,153 | +€8,003 | +5335.0% |
| Financial charges | 65/66B | €14,710 | €14,065 | -€645 | -4.4% |
| Recurring financial charges | 65 | €14,560 | €14,065 | -€495 | -3.4% |
| Non-recurring financial charges | 66B | €150 | - | -€150 | |
| Profit (loss) for the period before taxes | 9903 | €36,869 | €192,687 | +€155,818 | +422.6% |
| Income taxes | 67/77 | €3,628 | €15,590 | +€11,961 | +329.7% |
| Profit (loss) for the period | 9904 | €33,241 | €177,098 | +€143,857 | +432.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,241 | €177,098 | +€143,857 | +432.8% |
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 1 October 2026 via checked.be.