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Sofin: what changed

What changed

Sofin

BE 1001.685.643
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€91,283
2024 · €4,681+€86,603
Equity
€100,964
2024 · €9,681+€91,283
Cash
€64,131
2024 · €10,642+€53,489
Balance sheet total
€451,970
2024 · €361,480+€90,489

Largest movements

2024 to 2025
Assets
  • Cash +€53,489

    up €53,489 (+503%), from €10,642 to €64,131

    mainly Net result for the year (+€91,283) and Tax, wage and social debts (+€21,001)

  • Tangible fixed assets +€50,515

    up €50,515 (+15.5%), from €325,905 to €376,420

    of which Assets under construction and advance payments: +€59,026

  • Receivables within one year -€15,808

    down €15,808 (-96.2%), from €16,438 to €630

Equity and liabilities
  • Profit (loss) carried forward +€91,283

    up €91,283 (+1,950%), from €4,681 to €95,964

  • Tax, wage and social debts +€21,001

    up €21,001 (+971%), from €2,163 to €23,165

    of which Taxes: +€20,881

  • Other debts -€13,528

    down €13,528 (-63.5%), from €21,318 to €7,789

  • Debts after one year -€9,671

    down €9,671 (-3.1%), from €313,101 to €303,430

    of which Financial debts: -€7,671

Income statement
  • Turnover +€275,481

    new in 2025: €275,481

  • Purchases and services +€145,008

    new in 2025: €145,008

  • Gross operating margin +€108,503

    up €108,503 (+285%), from €38,034 to €146,536

  • Taxes +€18,975

    up €18,975 (+877%), from €2,163 to €21,139

  • Financial charges +€5,546

    up €5,546 (+49.2%), from €11,265 to €16,812

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 €4,681
Gross operating margin +€108,503
Depreciation -€2,520
Other operating charges +€5,077
Financial income +€65
Financial charges -€5,546
Taxes -€18,975
Result 2025 €91,283
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations +€129,305
Investment -€66,498
Financing -€9,318
Cash 2024 €10,642
Net result for the year +€91,283
Depreciation +€16,407
Receivables within one year +€15,808
Deferred charges and accrued income -€2,718
Trade debts +€1,051
Tax, wage and social debts +€21,001
Other debts -€13,528
Investment in fixed assets (net) -€66,498
Debts after one year -€9,671
Current portion of long-term debt +€352
Cash 2025 €64,131
brings cash intakes cash out
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €361,480 €451,970 +€90,489 +25.0%
Formation expenses 20 €986 €986 = 0.0%
Fixed assets 21/28 €329,721 €379,812 +€50,091 +15.2%
Intangible fixed assets 21 €3,817 €3,392 -€425 -11.1%
Tangible fixed assets 22/27 €325,905 €376,420 +€50,515 +15.5%
Land and buildings 22 €299,803 €285,679 -€14,124 -4.7%
Furniture and vehicles 24 €3,899 €9,511 +€5,613 +144%
Assets under construction and advance payments 27 €22,203 €81,229 +€59,026 +266%
Current assets 29/58 €30,773 €71,171 +€40,399 +131%
Amounts receivable within one year 40/41 €16,438 €630 -€15,808 -96.2%
Trade receivables 40 €16,438 €630 -€15,808 -96.2%
Cash at bank and in hand 54/58 €10,642 €64,131 +€53,489 +503%
Deferred charges and accrued income 490/1 €3,693 €6,411 +€2,718 +73.6%
Total equity and liabilities 10/49 €361,480 €451,970 +€90,489 +25.0%
Equity 10/15 €9,681 €100,964 +€91,283 +943%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €4,681 €95,964 +€91,283 +1,950%
Amounts payable 17/49 €351,799 €351,005 -€794 -0.2%
Amounts payable after more than one year 17 €313,101 €303,430 -€9,671 -3.1%
Financial debts 170/4 €213,101 €205,430 -€7,671 -3.6%
Other amounts payable 178/9 €100,000 €98,000 -€2,000 -2.0%
Amounts payable within one year 42/48 €35,848 €44,725 +€8,877 +24.8%
Current portion of amounts payable after more than one year 42 €7,942 €8,295 +€352 +4.4%
Trade debts 44 €4,425 €5,476 +€1,051 +23.8%
Suppliers 440/4 €4,425 €5,476 +€1,051 +23.8%
Taxes, remuneration and social security 45 €2,163 €23,165 +€21,001 +971%
Taxes 450/3 €2,163 €23,045 +€20,881 +965%
Remuneration and social security 454/9 - €120 +€120
Other amounts payable 47/48 €21,318 €7,789 -€13,528 -63.5%
Accrued charges and deferred income 492/3 €2,850 €2,850 = 0.0%
Turnover 70 - €275,481 +€275,481
Goods, raw materials, services and sundry goods 60/61 - €145,008 +€145,008
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,888 €16,407 +€2,520 +18.1%
Other operating charges 640/8 €6,037 €959 -€5,077 -84.1%
Gross operating margin 9900 €38,034 €146,536 +€108,503 +285%
Operating profit (loss) 9901 €18,109 €129,169 +€111,060 +613%
Financial income 75/76B - €65 +€65
Recurring financial income 75 - €65 +€65
Financial charges 65/66B €11,265 €16,812 +€5,546 +49.2%
Recurring financial charges 65 €11,265 €16,812 +€5,546 +49.2%
Profit (loss) for the period before taxes 9903 €6,844 €112,422 +€105,578 +1,543%
Income taxes 67/77 €2,163 €21,139 +€18,975 +877%
Profit (loss) for the period 9904 €4,681 €91,283 +€86,603 +1,850%
Profit (loss) for the period to be appropriated 9905 €4,681 €91,283 +€86,603 +1,850%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.