SOFIPLAST CONSTRUCT: 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.
SOFIPLAST CONSTRUCT
Largest movements
- Tangible fixed assets +€209,151
up €209,151 (+400.6%), from €52,204 to €261,354
of which Assets under construction and advance payments: +€221,360
- Cash -€139,647
down €139,647 (-43.2%), from €322,907 to €183,260
mainly Investment in fixed assets (net) (-€221,655) and Stocks and contracts (-€32,665)
- Stocks and contracts +€32,665
up €32,665 (+51.3%), from €63,642 to €96,307
- Accrued charges and deferred income +€67,535
up €67,535 (+99.0%), from €68,234 to €135,769
- Trade debts +€31,388
up €31,388 (+18.5%), from €169,288 to €200,675
- Profit (loss) carried forward +€26,426
up €26,426 (+16.9%), from €156,556 to €182,982
- Tax, wage and social debts -€17,657
down €17,657 (-42.3%), from €41,732 to €24,075
of which Taxes: -€20,628
- Other debts -€12,586
down €12,586 (-89.0%), from €14,146 to €1,560
- Gross operating margin -€8,809
down €8,809 (-12.1%), from €72,854 to €64,045
- Other operating charges +€8,023
up €8,023 (+754.9%), from €1,063 to €9,085
- Taxes +€973
up €973 (+8.3%), from €11,784 to €12,757
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €499,955 | €603,062 | +€103,107 | +20.6% |
| Fixed assets | 21/28 | €52,204 | €261,354 | +€209,151 | +400.6% |
| Tangible fixed assets | 22/27 | €52,204 | €261,354 | +€209,151 | +400.6% |
| Plant, machinery and equipment | 23 | €4,114 | €2,937 | -€1,177 | -28.6% |
| Furniture and vehicles | 24 | €47,716 | €36,780 | -€10,935 | -22.9% |
| Other tangible fixed assets | 26 | €374 | €277 | -€97 | -25.8% |
| Assets under construction and advance payments | 27 | - | €221,360 | +€221,360 | |
| Current assets | 29/58 | €447,752 | €341,707 | -€106,044 | -23.7% |
| Stocks and contracts in progress | 3 | €63,642 | €96,307 | +€32,665 | +51.3% |
| Stocks | 30/36 | €63,642 | €96,307 | +€32,665 | +51.3% |
| Amounts receivable within one year | 40/41 | €59,188 | €62,048 | +€2,860 | +4.8% |
| Trade receivables | 40 | €34,188 | €59,006 | +€24,819 | +72.6% |
| Other amounts receivable | 41 | €25,000 | €3,042 | -€21,958 | -87.8% |
| Cash at bank and in hand | 54/58 | €322,907 | €183,260 | -€139,647 | -43.2% |
| Deferred charges and accrued income | 490/1 | €2,015 | €93 | -€1,922 | -95.4% |
| Total equity and liabilities | 10/49 | €499,955 | €603,062 | +€103,107 | +20.6% |
| Equity | 10/15 | €181,556 | €207,982 | +€26,426 | +14.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,556 | €182,982 | +€26,426 | +16.9% |
| Amounts payable | 17/49 | €318,399 | €395,080 | +€76,680 | +24.1% |
| Amounts payable within one year | 42/48 | €250,166 | €259,311 | +€9,145 | +3.7% |
| Trade debts | 44 | €169,288 | €200,675 | +€31,388 | +18.5% |
| Suppliers | 440/4 | €169,288 | €200,675 | +€31,388 | +18.5% |
| Advances received on contracts in progress | 46 | €25,000 | €33,000 | +€8,000 | +32.0% |
| Taxes, remuneration and social security | 45 | €41,732 | €24,075 | -€17,657 | -42.3% |
| Taxes | 450/3 | €36,858 | €16,231 | -€20,628 | -56.0% |
| Remuneration and social security | 454/9 | €4,874 | €7,845 | +€2,971 | +60.9% |
| Other amounts payable | 47/48 | €14,146 | €1,560 | -€12,586 | -89.0% |
| Accrued charges and deferred income | 492/3 | €68,234 | €135,769 | +€67,535 | +99.0% |
| Non-recurring operating income | 76A | €4,682 | - | -€4,682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,137 | €12,504 | -€633 | -4.8% |
| Other operating charges | 640/8 | €1,063 | €9,085 | +€8,023 | +754.9% |
| Non-recurring operating charges | 66A | €818 | - | -€818 | |
| Gross operating margin | 9900 | €72,854 | €64,045 | -€8,809 | -12.1% |
| Operating profit (loss) | 9901 | €57,836 | €42,455 | -€15,381 | -26.6% |
| Financial income | 75/76B | €1,210 | €1,361 | +€151 | +12.5% |
| Recurring financial income | 75 | €1,210 | €1,361 | +€151 | +12.5% |
| Financial charges | 65/66B | €4,409 | €4,634 | +€224 | +5.1% |
| Recurring financial charges | 65 | €4,409 | €4,634 | +€224 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €54,638 | €39,183 | -€15,454 | -28.3% |
| Income taxes | 67/77 | €11,784 | €12,757 | +€973 | +8.3% |
| Profit (loss) for the period | 9904 | €42,853 | €26,426 | -€16,427 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,853 | €26,426 | -€16,427 | -38.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.