SOFIS: 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.
SOFIS
Largest movements
- Current investments -€9,692
down €9,692 (-94.7%), from €10,232 to €540
- Tangible fixed assets +€9,612
up €9,612 (+3.9%), from €245,227 to €254,840
of which Plant, machinery and equipment: +€16,527
- Cash -€7,900
down €7,900 (-78.6%), from €10,049 to €2,149
mainly Investment in fixed assets (net) (-€25,226) and Tax, wage and social debts (-€19,713)
- Receivables within one year +€4,929
up €4,929 (+136.4%), from €3,613 to €8,543
of which Trade receivables: +€4,950
- Reserves +€34,528
up €34,528 (+41.1%), from €83,952 to €118,480
of which Distributable reserves: +€34,528
- Tax, wage and social debts -€19,713
down €19,713 (-82.8%), from €23,805 to €4,092
of which Taxes: -€19,713
- Debts after one year -€18,361
down €18,361 (-12.3%), from €148,695 to €130,334
- Current portion of long-term debt -€14,662
down €14,662 (-44.4%), from €33,023 to €18,361
- Trade debts +€13,025
up €13,025 (+198.6%), from €6,560 to €19,584
- Taxes -€10,988
down €10,988 (-56.9%), from €19,299 to €8,311
- Gross operating margin -€7,084
down €7,084 (-9.6%), from €73,993 to €66,908
- Financial charges +€3,177
up €3,177 (+95.6%), from €3,323 to €6,500
- Depreciation +€1,561
up €1,561 (+11.1%), from €14,052 to €15,614
- Other operating charges +€1,074
up €1,074 (+115.5%), from €930 to €2,004
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 | €308,361 | €305,311 | -€3,050 | -1.0% |
| Formation expenses | 20 | €39,240 | €39,240 | = | 0.0% |
| Fixed assets | 21/28 | €245,227 | €254,840 | +€9,612 | +3.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €245,227 | €254,840 | +€9,612 | +3.9% |
| Land and buildings | 22 | €244,864 | €235,436 | -€9,429 | -3.9% |
| Plant, machinery and equipment | 23 | - | €16,527 | +€16,527 | |
| Furniture and vehicles | 24 | €363 | €2,877 | +€2,514 | +692.4% |
| Current assets | 29/58 | €23,894 | €11,232 | -€12,662 | -53.0% |
| Amounts receivable within one year | 40/41 | €3,613 | €8,543 | +€4,929 | +136.4% |
| Trade receivables | 40 | €3,593 | €8,543 | +€4,950 | +137.8% |
| Other amounts receivable | 41 | €20 | €0 | -€20 | -100.0% |
| Current investments | 50/53 | €10,232 | €540 | -€9,692 | -94.7% |
| Cash at bank and in hand | 54/58 | €10,049 | €2,149 | -€7,900 | -78.6% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €308,361 | €305,311 | -€3,050 | -1.0% |
| Equity | 10/15 | €90,152 | €124,680 | +€34,528 | +38.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €83,952 | €118,480 | +€34,528 | +41.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,329 | €9,329 | = | 0.0% |
| Distributable reserves | 133 | €72,763 | €107,291 | +€34,528 | +47.5% |
| Amounts payable | 17/49 | €218,210 | €180,631 | -€37,578 | -17.2% |
| Amounts payable after more than one year | 17 | €148,695 | €130,334 | -€18,361 | -12.3% |
| Financial debts | 170/4 | €148,695 | €130,334 | -€18,361 | -12.3% |
| Amounts payable within one year | 42/48 | €69,515 | €50,298 | -€19,217 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €33,023 | €18,361 | -€14,662 | -44.4% |
| Trade debts | 44 | €6,560 | €19,584 | +€13,025 | +198.6% |
| Suppliers | 440/4 | €6,560 | €19,584 | +€13,025 | +198.6% |
| Advances received on contracts in progress | 46 | €6,050 | €0 | -€6,050 | -100.0% |
| Taxes, remuneration and social security | 45 | €23,805 | €4,092 | -€19,713 | -82.8% |
| Taxes | 450/3 | €23,805 | €4,092 | -€19,713 | -82.8% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €77 | €8,260 | +€8,184 | +10682.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,052 | €15,614 | +€1,561 | +11.1% |
| Other operating charges | 640/8 | €930 | €2,004 | +€1,074 | +115.5% |
| Gross operating margin | 9900 | €73,993 | €66,908 | -€7,084 | -9.6% |
| Operating profit (loss) | 9901 | €59,010 | €49,291 | -€9,720 | -16.5% |
| Financial income | 75/76B | €184 | €48 | -€136 | -73.9% |
| Recurring financial income | 75 | €184 | €48 | -€136 | -73.9% |
| Financial charges | 65/66B | €3,323 | €6,500 | +€3,177 | +95.6% |
| Recurring financial charges | 65 | €3,323 | €6,500 | +€3,177 | +95.6% |
| Profit (loss) for the period before taxes | 9903 | €55,871 | €42,839 | -€13,033 | -23.3% |
| Income taxes | 67/77 | €19,299 | €8,311 | -€10,988 | -56.9% |
| Profit (loss) for the period | 9904 | €36,573 | €34,528 | -€2,045 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,573 | €34,528 | -€2,045 | -5.6% |
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 5 October 2026 via checked.be.