SOFINVEST: 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.
SOFINVEST
Largest movements
- Current investments -€2.0m
down €2.0m (-17.4%), from €11.3m to €9.3m
- Receivables within one year -€357,000
down €357,000 (-93.5%), from €382,000 to €25,000
- Profit (loss) carried forward -€2.4m
down €2.4m (-55.0%), from €4.4m to €2.0m
- Financial income -€374,403
down €374,403 (-34.1%), from €1.1m to €722,057
- Taxes -€113,519
down €113,519 (-47.8%), from €237,283 to €123,764
- Financial charges +€93,197
up €93,197 (+173.5%), from €53,724 to €146,921
- Gross operating margin -€811
down €811 (-954.1%), from -€85 to -€896
- Other operating charges +€30
up €30 (+3.1%), from €968 to €998
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 | €12,447,836 | €10,029,994 | -€2.4m | -19.4% |
| Current assets | 29/58 | €12,447,836 | €10,029,994 | -€2.4m | -19.4% |
| Amounts receivable within one year | 40/41 | €382,000 | €25,000 | -€357,000 | -93.5% |
| Other amounts receivable | 41 | €382,000 | €25,000 | -€357,000 | -93.5% |
| Current investments | 50/53 | €11,273,654 | €9,310,245 | -€2.0m | -17.4% |
| Cash at bank and in hand | 54/58 | €792,182 | €694,749 | -€97,433 | -12.3% |
| Total equity and liabilities | 10/49 | €12,447,836 | €10,029,994 | -€2.4m | -19.4% |
| Equity | 10/15 | €12,384,622 | €9,969,100 | -€2.4m | -19.5% |
| Contributions | 10/11 | €994,938 | €994,938 | = | 0.0% |
| Reserves | 13 | €7,000,000 | €7,000,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000,000 | €7,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,389,684 | €1,974,162 | -€2.4m | -55.0% |
| Amounts payable | 17/49 | €63,214 | €60,894 | -€2,320 | -3.7% |
| Amounts payable within one year | 42/48 | €25,432 | €324 | -€25,108 | -98.7% |
| Taxes, remuneration and social security | 45 | €25,108 | - | -€25,108 | |
| Taxes | 450/3 | €25,108 | - | -€25,108 | |
| Other amounts payable | 47/48 | €324 | €324 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €37,782 | €60,570 | +€22,788 | +60.3% |
| Other operating charges | 640/8 | €968 | €998 | +€30 | +3.1% |
| Gross operating margin | 9900 | -€85 | -€896 | -€811 | -954.1% |
| Operating profit (loss) | 9901 | -€1,053 | -€1,894 | -€841 | -79.9% |
| Financial income | 75/76B | €1,096,460 | €722,057 | -€374,403 | -34.1% |
| Recurring financial income | 75 | €1,096,460 | €722,057 | -€374,403 | -34.1% |
| Financial charges | 65/66B | €53,724 | €146,921 | +€93,197 | +173.5% |
| Recurring financial charges | 65 | €53,724 | €146,921 | +€93,197 | +173.5% |
| Profit (loss) for the period before taxes | 9903 | €1,041,683 | €573,242 | -€468,441 | -45.0% |
| Income taxes | 67/77 | €237,283 | €123,764 | -€113,519 | -47.8% |
| Profit (loss) for the period | 9904 | €804,400 | €449,478 | -€354,922 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €804,400 | €449,478 | -€354,922 | -44.1% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.