SOFIPAL INVEST: 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.
SOFIPAL INVEST
Largest movements
- Receivables within one year -€82,982
down €82,982 (-29.3%), from €282,915 to €199,933
- Current investments -€49,970
no longer reported in 2025 (was €49,970)
- Debts after one year -€300,000
no longer reported in 2025 (was €300,000)
- Reserves +€176,054
up €176,054 (+5.8%), from €3.0m to €3.2m
- Financial income -€110,895
down €110,895 (-35.5%), from €312,116 to €201,221
- Taxes -€10,114
down €10,114 (-36.5%), from €27,720 to €17,605
- Gross operating margin -€393
down €393 (-9.1%), from -€4,332 to -€4,725
- Financial charges -€201
down €201 (-10.5%), from €1,908 to €1,707
- Other operating charges +€161
up €161 (+16.7%), from €968 to €1,129
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 | €3,922,754 | €3,815,242 | -€107,513 | -2.7% |
| Fixed assets | 21/28 | €3,510,895 | €3,510,895 | = | 0.0% |
| Financial fixed assets | 28 | €3,510,895 | €3,510,895 | = | 0.0% |
| Current assets | 29/58 | €411,860 | €304,347 | -€107,513 | -26.1% |
| Amounts receivable within one year | 40/41 | €282,915 | €199,933 | -€82,982 | -29.3% |
| Other amounts receivable | 41 | €282,915 | €199,933 | -€82,982 | -29.3% |
| Current investments | 50/53 | €49,970 | - | -€49,970 | |
| Cash at bank and in hand | 54/58 | €78,975 | €104,414 | +€25,439 | +32.2% |
| Total equity and liabilities | 10/49 | €3,922,754 | €3,815,242 | -€107,513 | -2.7% |
| Equity | 10/15 | €3,425,873 | €3,601,927 | +€176,054 | +5.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,043,866 | €3,219,920 | +€176,054 | +5.8% |
| Distributable reserves | 133 | €3,043,866 | €3,219,920 | +€176,054 | +5.8% |
| Profit (loss) carried forward | 14 | €363,457 | €363,457 | = | 0.0% |
| Amounts payable | 17/49 | €496,882 | €213,315 | -€283,567 | -57.1% |
| Amounts payable after more than one year | 17 | €300,000 | - | -€300,000 | |
| Financial debts | 170/4 | €300,000 | - | -€300,000 | |
| Amounts payable within one year | 42/48 | €196,882 | €213,315 | +€16,433 | +8.3% |
| Taxes, remuneration and social security | 45 | €27,719 | €45,322 | +€17,603 | +63.5% |
| Taxes | 450/3 | €27,719 | €45,322 | +€17,603 | +63.5% |
| Other amounts payable | 47/48 | €169,163 | €167,993 | -€1,170 | -0.7% |
| Other operating charges | 640/8 | €968 | €1,129 | +€161 | +16.7% |
| Gross operating margin | 9900 | -€4,332 | -€4,725 | -€393 | -9.1% |
| Operating profit (loss) | 9901 | -€5,300 | -€5,854 | -€555 | -10.5% |
| Financial income | 75/76B | €312,116 | €201,221 | -€110,895 | -35.5% |
| Recurring financial income | 75 | €312,116 | €201,221 | -€110,895 | -35.5% |
| Financial charges | 65/66B | €1,908 | €1,707 | -€201 | -10.5% |
| Recurring financial charges | 65 | €1,908 | €1,707 | -€201 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €304,908 | €193,659 | -€111,249 | -36.5% |
| Income taxes | 67/77 | €27,720 | €17,605 | -€10,114 | -36.5% |
| Profit (loss) for the period | 9904 | €277,189 | €176,054 | -€101,135 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €277,189 | €176,054 | -€101,135 | -36.5% |
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 4 October 2026 via checked.be.