SoFisCon: 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.
SoFisCon
Largest movements
- Receivables within one year +€97,802
up €97,802 (+4376.4%), from €2,235 to €100,037
of which Other amounts receivable: +€94,755
- Cash -€52,232
down €52,232 (-39.2%), from €133,254 to €81,022
mainly Receivables within one year (-€97,802) and Contributions, distributions and other (-€50,000)
- Tangible fixed assets -€16,753
down €16,753 (-12.2%), from €137,160 to €120,407
of which Land and buildings: -€10,951
- Reserves +€86,735
up €86,735 (+53.1%), from €163,330 to €250,065
- Profit (loss) carried forward -€50,000
down €50,000 (-91.6%), from €54,572 to €4,572
- Other debts -€15,424
no longer reported in 2024 (was €15,424)
- Tax, wage and social debts +€8,671
up €8,671 (+42.0%), from €20,627 to €29,299
of which Taxes: +€8,233
- Gross operating margin +€39,753
up €39,753 (+27.8%), from €143,242 to €182,995
- Taxes +€13,387
up €13,387 (+58.6%), from €22,847 to €36,234
- Financial charges -€3,864
down €3,864 (-86.5%), from €4,465 to €601
- Depreciation -€3,684
down €3,684 (-18.0%), from €20,459 to €16,775
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 | €274,174 | €302,682 | +€28,508 | +10.4% |
| Fixed assets | 21/28 | €137,182 | €120,407 | -€16,775 | -12.2% |
| Intangible fixed assets | 21 | €22 | - | -€22 | |
| Tangible fixed assets | 22/27 | €137,160 | €120,407 | -€16,753 | -12.2% |
| Land and buildings | 22 | €122,310 | €111,359 | -€10,951 | -9.0% |
| Plant, machinery and equipment | 23 | €237 | €87 | -€150 | -63.1% |
| Furniture and vehicles | 24 | €14,613 | €8,960 | -€5,653 | -38.7% |
| Current assets | 29/58 | €136,992 | €182,275 | +€45,283 | +33.1% |
| Amounts receivable within one year | 40/41 | €2,235 | €100,037 | +€97,802 | +4376.4% |
| Trade receivables | 40 | €2,206 | €5,253 | +€3,047 | +138.1% |
| Other amounts receivable | 41 | €28 | €94,784 | +€94,755 | +334234.5% |
| Cash at bank and in hand | 54/58 | €133,254 | €81,022 | -€52,232 | -39.2% |
| Deferred charges and accrued income | 490/1 | €1,503 | €1,216 | -€288 | -19.1% |
| Total equity and liabilities | 10/49 | €274,174 | €302,682 | +€28,508 | +10.4% |
| Equity | 10/15 | €236,502 | €273,237 | +€36,735 | +15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,330 | €250,065 | +€86,735 | +53.1% |
| Distributable reserves | 133 | €163,330 | €250,065 | +€86,735 | +53.1% |
| Profit (loss) carried forward | 14 | €54,572 | €4,572 | -€50,000 | -91.6% |
| Amounts payable | 17/49 | €37,672 | €29,445 | -€8,227 | -21.8% |
| Amounts payable within one year | 42/48 | €37,672 | €29,445 | -€8,227 | -21.8% |
| Trade debts | 44 | €1,621 | €146 | -€1,475 | -91.0% |
| Suppliers | 440/4 | €1,621 | €146 | -€1,475 | -91.0% |
| Taxes, remuneration and social security | 45 | €20,627 | €29,299 | +€8,671 | +42.0% |
| Taxes | 450/3 | €15,833 | €24,066 | +€8,233 | +52.0% |
| Remuneration and social security | 454/9 | €4,794 | €5,233 | +€438 | +9.1% |
| Other amounts payable | 47/48 | €15,424 | - | -€15,424 | |
| Remuneration, social security and pensions | 62 | €40,399 | €42,028 | +€1,629 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,459 | €16,775 | -€3,684 | -18.0% |
| Other operating charges | 640/8 | €1,796 | €2,093 | +€297 | +16.6% |
| Gross operating margin | 9900 | €143,242 | €182,995 | +€39,753 | +27.8% |
| Operating profit (loss) | 9901 | €80,588 | €122,099 | +€41,511 | +51.5% |
| Financial income | 75/76B | €1,404 | €1,471 | +€67 | +4.8% |
| Recurring financial income | 75 | €1,404 | €1,471 | +€67 | +4.8% |
| Financial charges | 65/66B | €4,465 | €601 | -€3,864 | -86.5% |
| Recurring financial charges | 65 | €4,465 | €601 | -€3,864 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €77,527 | €122,969 | +€45,442 | +58.6% |
| Income taxes | 67/77 | €22,847 | €36,234 | +€13,387 | +58.6% |
| Profit (loss) for the period | 9904 | €54,680 | €86,735 | +€32,055 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,680 | €86,735 | +€32,055 | +58.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.