SOFIREN: 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.
SOFIREN
Largest movements
- Cash -€5,579
down €5,579 (-34.8%), from €16,030 to €10,450
mainly Net result for the year (-€12,649) and Investment in fixed assets (net) (-€11,076)
- Profit (loss) carried forward -€12,649
down €12,649 (-14.8%), from -€85,224 to -€97,873
- Other debts +€5,435
up €5,435 (+6.8%), from €79,846 to €85,281
- Gross operating margin -€5,179
down €5,179 (-80.4%), from €6,444 to €1,265
- Depreciation +€575
up €575 (+5.2%), from €11,042 to €11,617
- Financial income +€99
up €99 (+4783.1%), from €2 to €101
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 | €163,927 | €157,806 | -€6,121 | -3.7% |
| Fixed assets | 21/28 | €69,592 | €69,051 | -€541 | -0.8% |
| Tangible fixed assets | 22/27 | €69,171 | €68,629 | -€541 | -0.8% |
| Land and buildings | 22 | €69,171 | €68,629 | -€541 | -0.8% |
| Financial fixed assets | 28 | €421 | €421 | = | 0.0% |
| Current assets | 29/58 | €94,335 | €88,756 | -€5,579 | -5.9% |
| Amounts receivable within one year | 40/41 | €75,737 | €75,737 | = | 0.0% |
| Trade receivables | 40 | €75,737 | €75,737 | = | 0.0% |
| Current investments | 50/53 | €2,568 | €2,568 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,030 | €10,450 | -€5,579 | -34.8% |
| Total equity and liabilities | 10/49 | €163,927 | €157,806 | -€6,121 | -3.7% |
| Equity | 10/15 | -€8,672 | -€21,321 | -€12,649 | -145.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €15,052 | €15,052 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €8,902 | €8,902 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,224 | -€97,873 | -€12,649 | -14.8% |
| Amounts payable | 17/49 | €172,599 | €179,127 | +€6,528 | +3.8% |
| Amounts payable within one year | 42/48 | €172,599 | €177,577 | +€4,978 | +2.9% |
| Trade debts | 44 | €1,860 | €1,432 | -€428 | -23.0% |
| Suppliers | 440/4 | €1,860 | €1,432 | -€428 | -23.0% |
| Taxes, remuneration and social security | 45 | €90,893 | €90,864 | -€29 | 0.0% |
| Taxes | 450/3 | €71 | €42 | -€29 | -41.0% |
| Remuneration and social security | 454/9 | €90,822 | €90,822 | = | 0.0% |
| Other amounts payable | 47/48 | €79,846 | €85,281 | +€5,435 | +6.8% |
| Accrued charges and deferred income | 492/3 | - | €1,550 | +€1,550 | |
| Remuneration, social security and pensions | 62 | €1,978 | €2,040 | +€63 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,042 | €11,617 | +€575 | +5.2% |
| Other operating charges | 640/8 | €231 | €239 | +€8 | +3.3% |
| Gross operating margin | 9900 | €6,444 | €1,265 | -€5,179 | -80.4% |
| Operating profit (loss) | 9901 | -€6,807 | -€12,631 | -€5,824 | -85.6% |
| Financial income | 75/76B | €2 | €101 | +€99 | +4783.1% |
| Recurring financial income | 75 | €2 | €101 | +€99 | +4783.1% |
| Financial charges | 65/66B | €5 | €47 | +€41 | +824.5% |
| Recurring financial charges | 65 | €5 | €47 | +€41 | +824.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,810 | -€12,577 | -€5,767 | -84.7% |
| Income taxes | 67/77 | €71 | €72 | +€1 | +1.6% |
| Profit (loss) for the period | 9904 | -€6,881 | -€12,649 | -€5,768 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,881 | -€12,649 | -€5,768 | -83.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.