SOFITREND: 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.
What changed
SOFITREND
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€14,511
2024 · €17,933-€3,422
Equity
€35,770
2024 · €21,259+€14,511
Cash
€116
2024 · €1,157-€1,041
Balance sheet total
€243,669
2024 · €228,142+€15,527
Largest movements
Assets
- Receivables within one year +€26,204
up €26,204 (+554%), from €4,726 to €30,931
of which Other amounts receivable: +€15,612
- Stocks and contracts -€6,441
down €6,441 (-3.1%), from €207,071 to €200,630
- Tangible fixed assets -€3,195
down €3,195 (-30.4%), from €10,497 to €7,302
of which Furniture and vehicles: -€3,195
Equity and liabilities
- Trade debts +€25,269
up €25,269 (+36.9%), from €68,527 to €93,796
- Other debts -€20,815
down €20,815 (-100%), from €20,815 to €0
- Profit (loss) carried forward +€14,447
up €14,447, from -€14,447 to €0
- Advances received -€3,704
down €3,704 (-8.6%), from €42,940 to €39,236
Income statement
- Financial charges +€3,075
up €3,075 (+46.8%), from €6,576 to €9,651
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.
Result 2024
€17,933
Gross operating margin
-€331
Staff costs
-€119
Depreciation
+€216
Other operating charges
-€170
Financial income
+€58
Financial charges
-€3,075
Taxes
-€1
Result 2025
€14,511
raises the resultlowers the result
Derived cash bridge
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.
From operations
-€3,657
Investment
€0
Financing
+€2,616
Cash 2024
€1,157
From operations (derived)
-€3,657
Net result for the year
+€14,511
Depreciation
+€3,195
Stocks and contracts
+€6,441
Receivables within one year
-€26,204
Trade debts
+€25,269
Tax, wage and social debts
-€2,350
Advances received
-€3,704
Other debts
-€20,815
Financing
+€2,616
Debts after one year
+€1,030
Current portion of long-term debt
+€2,126
Short-term financial debts
-€540
Cash 2025
€116
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,142 | €243,669 | +€15,527 | +6.8% |
| Fixed assets | 21/28 | €15,187 | €11,992 | -€3,195 | -21.0% |
| Tangible fixed assets | 22/27 | €10,497 | €7,302 | -€3,195 | -30.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €10,497 | €7,302 | -€3,195 | -30.4% |
| Financial fixed assets | 28 | €4,690 | €4,690 | = | 0.0% |
| Current assets | 29/58 | €212,955 | €231,677 | +€18,722 | +8.8% |
| Stocks and contracts in progress | 3 | €207,071 | €200,630 | -€6,441 | -3.1% |
| Stocks | 30/36 | €207,071 | €200,630 | -€6,441 | -3.1% |
| Amounts receivable within one year | 40/41 | €4,726 | €30,931 | +€26,204 | +554% |
| Trade receivables | 40 | €4,726 | €15,318 | +€10,592 | +224% |
| Other amounts receivable | 41 | - | €15,612 | +€15,612 | |
| Cash at bank and in hand | 54/58 | €1,157 | €116 | -€1,041 | -89.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €228,142 | €243,669 | +€15,527 | +6.8% |
| Equity | 10/15 | €21,259 | €35,770 | +€14,511 | +68.3% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €706 | €770 | +€64 | +9.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €706 | €770 | +€64 | +9.0% |
| Profit (loss) carried forward | 14 | -€14,447 | €0 | +€14,447 | |
| Amounts payable | 17/49 | €206,883 | €207,899 | +€1,016 | +0.5% |
| Amounts payable after more than one year | 17 | €6,090 | €7,120 | +€1,030 | +16.9% |
| Financial debts | 170/4 | €6,090 | €7,120 | +€1,030 | +16.9% |
| Amounts payable within one year | 42/48 | €198,942 | €198,928 | -€14 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €11,258 | €13,383 | +€2,126 | +18.9% |
| Financial debts | 43 | €33,603 | €33,064 | -€540 | -1.6% |
| Credit institutions | 430/8 | €33,603 | €33,064 | -€540 | -1.6% |
| Trade debts | 44 | €68,527 | €93,796 | +€25,269 | +36.9% |
| Suppliers | 440/4 | €68,527 | €93,796 | +€25,269 | +36.9% |
| Advances received on contracts in progress | 46 | €42,940 | €39,236 | -€3,704 | -8.6% |
| Taxes, remuneration and social security | 45 | €21,798 | €19,449 | -€2,350 | -10.8% |
| Taxes | 450/3 | €19,268 | €16,837 | -€2,431 | -12.6% |
| Remuneration and social security | 454/9 | €2,530 | €2,612 | +€81 | +3.2% |
| Other amounts payable | 47/48 | €20,815 | €0 | -€20,815 | -100% |
| Accrued charges and deferred income | 492/3 | €1,851 | €1,851 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €56,694 | €56,813 | +€119 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,411 | €3,195 | -€216 | -6.3% |
| Other operating charges | 640/8 | €726 | €896 | +€170 | +23.4% |
| Gross operating margin | 9900 | €91,178 | €90,847 | -€331 | -0.4% |
| Operating profit (loss) | 9901 | €30,347 | €29,943 | -€404 | -1.3% |
| Financial income | 75/76B | €46 | €104 | +€58 | +128% |
| Recurring financial income | 75 | €46 | €104 | +€58 | +128% |
| Financial charges | 65/66B | €6,576 | €9,651 | +€3,075 | +46.8% |
| Recurring financial charges | 65 | €6,576 | €9,651 | +€3,075 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €23,817 | €20,396 | -€3,421 | -14.4% |
| Income taxes | 67/77 | €5,883 | €5,885 | +€1 | 0.0% |
| Profit (loss) for the period | 9904 | €17,933 | €14,511 | -€3,422 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,933 | €14,511 | -€3,422 | -19.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.