SOFINSUD: 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.
SOFINSUD
Largest movements
- Receivables within one year -€581,747
down €581,747 (-99.7%), from €583,332 to €1,585
of which Other amounts receivable: -€575,185
- Tangible fixed assets -€482,391
down €482,391 (-5.0%), from €9.7m to €9.3m
of which Land and buildings: -€408,309
- Profit (loss) carried forward -€1.2m
down €1.2m, from €1.1m to -€102,697
- Gross operating margin -€1.1m
down €1.1m, from €794,216 to -€299,487
- Financial income -€231,640
down €231,640 (-97.4%), from €237,738 to €6,098
- Financial charges -€180,008
down €180,008 (-99.4%), from €181,056 to €1,049
- Taxes +€21,054
up €21,054 (+91.4%), from €23,030 to €44,083
- Other operating charges +€13,333
up €13,333 (+3.5%), from €382,107 to €395,440
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,328,504 | €9,264,366 | -€1.1m | -10.3% |
| Fixed assets | 21/28 | €9,745,172 | €9,262,781 | -€482,391 | -5.0% |
| Tangible fixed assets | 22/27 | €9,745,171 | €9,262,780 | -€482,391 | -5.0% |
| Land and buildings | 22 | €9,194,812 | €8,786,503 | -€408,309 | -4.4% |
| Plant, machinery and equipment | 23 | €550,359 | €476,277 | -€74,082 | -13.5% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €583,332 | €1,585 | -€581,747 | -99.7% |
| Amounts receivable within one year | 40/41 | €583,332 | €1,585 | -€581,747 | -99.7% |
| Trade receivables | 40 | €8,147 | €1,585 | -€6,562 | -80.5% |
| Other amounts receivable | 41 | €575,185 | - | -€575,185 | |
| Total equity and liabilities | 10/49 | €10,328,504 | €9,264,366 | -€1.1m | -10.3% |
| Equity | 10/15 | €10,246,964 | €9,025,173 | -€1.2m | -11.9% |
| Contributions | 10/11 | €9,025,336 | €9,025,336 | = | 0.0% |
| Capital | 10 | €9,025,336 | €9,025,336 | = | 0.0% |
| Issued capital | 100 | €9,025,336 | €9,025,336 | = | 0.0% |
| Reserves | 13 | €102,534 | €102,534 | = | 0.0% |
| Non-distributable reserves | 130/1 | €102,534 | €102,534 | = | 0.0% |
| Legal reserve | 130 | €102,534 | €102,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,119,095 | -€102,697 | -€1.2m | |
| Amounts payable | 17/49 | €81,539 | €239,193 | +€157,654 | +193.3% |
| Amounts payable within one year | 42/48 | €81,539 | €239,193 | +€157,654 | +193.3% |
| Trade debts | 44 | €81,248 | €163,435 | +€82,187 | +101.2% |
| Suppliers | 440/4 | €81,248 | €163,435 | +€82,187 | +101.2% |
| Taxes, remuneration and social security | 45 | €291 | €275 | -€16 | -5.4% |
| Taxes | 450/3 | €291 | €275 | -€16 | -5.4% |
| Other amounts payable | 47/48 | - | €75,484 | +€75,484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €497,403 | €487,830 | -€9,573 | -1.9% |
| Other operating charges | 640/8 | €382,107 | €395,440 | +€13,333 | +3.5% |
| Gross operating margin | 9900 | €794,216 | -€299,487 | -€1.1m | |
| Operating profit (loss) | 9901 | -€85,293 | -€1,182,757 | -€1.1m | -1286.7% |
| Financial income | 75/76B | €237,738 | €6,098 | -€231,640 | -97.4% |
| Recurring financial income | 75 | €237,738 | €6,098 | -€231,640 | -97.4% |
| Financial charges | 65/66B | €181,056 | €1,049 | -€180,008 | -99.4% |
| Recurring financial charges | 65 | €181,056 | €1,049 | -€180,008 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,611 | -€1,177,708 | -€1.1m | -4016.2% |
| Income taxes | 67/77 | €23,030 | €44,083 | +€21,054 | +91.4% |
| Profit (loss) for the period | 9904 | -€51,641 | -€1,221,791 | -€1.2m | -2265.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,641 | -€1,221,791 | -€1.2m | -2265.9% |
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 10 October 2026 via checked.be.