SOFINARIO: 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.
SOFINARIO
Largest movements
- Receivables within one year +€9,721
up €9,721 (+40.1%), from €24,253 to €33,974
of which Trade receivables: +€16,395
- Tangible fixed assets -€5,180
down €5,180 (-36.9%), from €14,054 to €8,874
of which Furniture and vehicles: -€3,443
- Cash +€3,306
up €3,306 (+11.9%), from €27,666 to €30,972
mainly Net result for the year (+€17,759) and Tax, wage and social debts (+€9,125)
- Reserves +€17,750
new in 2025: €17,750
- Profit (loss) carried forward -€14,276
down €14,276 (-30.9%), from €46,178 to €31,902
- Tax, wage and social debts +€9,125
up €9,125 (+95.1%), from €9,600 to €18,726
- Other debts -€4,692
down €4,692 (-46.2%), from €10,162 to €5,470
- Trade debts -€866
down €866 (-40.5%), from €2,139 to €1,273
- Gross operating margin +€26,158
up €26,158 (+240%), from €10,895 to €37,053
- Taxes +€6,349
up €6,349 (+220%), from €2,885 to €9,234
- Depreciation +€3,150
up €3,150 (+155%), from €2,030 to €5,180
- Financial charges +€1,157
up €1,157 (+37.5%), from €3,086 to €4,243
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 | €68,629 | €75,898 | +€7,269 | +10.6% |
| Fixed assets | 21/28 | €14,054 | €8,874 | -€5,180 | -36.9% |
| Tangible fixed assets | 22/27 | €14,054 | €8,874 | -€5,180 | -36.9% |
| Plant, machinery and equipment | 23 | €2,613 | €1,631 | -€982 | -37.6% |
| Furniture and vehicles | 24 | €9,117 | €5,674 | -€3,443 | -37.8% |
| Other tangible fixed assets | 26 | €2,324 | €1,569 | -€755 | -32.5% |
| Current assets | 29/58 | €54,575 | €67,024 | +€12,449 | +22.8% |
| Amounts receivable within one year | 40/41 | €24,253 | €33,974 | +€9,721 | +40.1% |
| Trade receivables | 40 | €17,579 | €33,974 | +€16,395 | +93.3% |
| Other amounts receivable | 41 | €6,674 | - | -€6,674 | |
| Cash at bank and in hand | 54/58 | €27,666 | €30,972 | +€3,306 | +11.9% |
| Deferred charges and accrued income | 490/1 | €2,656 | €2,078 | -€578 | -21.8% |
| Total equity and liabilities | 10/49 | €68,629 | €75,898 | +€7,269 | +10.6% |
| Equity | 10/15 | €46,728 | €50,202 | +€3,474 | +7.4% |
| Contributions | 10/11 | €550 | €550 | = | 0.0% |
| Reserves | 13 | - | €17,750 | +€17,750 | |
| Distributable reserves | 133 | - | €17,750 | +€17,750 | |
| Profit (loss) carried forward | 14 | €46,178 | €31,902 | -€14,276 | -30.9% |
| Amounts payable | 17/49 | €21,901 | €25,697 | +€3,796 | +17.3% |
| Amounts payable within one year | 42/48 | €21,901 | €25,468 | +€3,567 | +16.3% |
| Trade debts | 44 | €2,139 | €1,273 | -€866 | -40.5% |
| Suppliers | 440/4 | €2,139 | €1,273 | -€866 | -40.5% |
| Taxes, remuneration and social security | 45 | €9,600 | €18,726 | +€9,125 | +95.1% |
| Taxes | 450/3 | €9,600 | €18,726 | +€9,125 | +95.1% |
| Other amounts payable | 47/48 | €10,162 | €5,470 | -€4,692 | -46.2% |
| Accrued charges and deferred income | 492/3 | - | €228 | +€228 | |
| Non-recurring operating income | 76A | €11,118 | - | -€11,118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,030 | €5,180 | +€3,150 | +155% |
| Other operating charges | 640/8 | €763 | €689 | -€73 | -9.6% |
| Gross operating margin | 9900 | €10,895 | €37,053 | +€26,158 | +240% |
| Operating profit (loss) | 9901 | €8,102 | €31,184 | +€23,081 | +285% |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €3,086 | €4,243 | +€1,157 | +37.5% |
| Recurring financial charges | 65 | €3,086 | €4,243 | +€1,157 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €5,016 | €26,994 | +€21,978 | +438% |
| Income taxes | 67/77 | €2,885 | €9,234 | +€6,349 | +220% |
| Profit (loss) for the period | 9904 | €2,131 | €17,759 | +€15,628 | +733% |
| Profit (loss) for the period to be appropriated | 9905 | €2,131 | €17,759 | +€15,628 | +733% |
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 23 October 2026 via checked.be.