SOFIYAN: 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.
SOFIYAN
Largest movements
- Stocks and contracts -€71,328
down €71,328 (-49.4%), from €144,376 to €73,048
- Cash +€47,047
up €47,047 (+12.8%), from €367,773 to €414,820
mainly Stocks and contracts (+€71,328) and Net result for the year (+€5,401)
- Tax, wage and social debts -€21,622
down €21,622 (-36.9%), from €58,587 to €36,965
of which Remuneration and social security: -€23,694
- Trade debts -€8,861
down €8,861 (-28.4%), from €31,226 to €22,365
- Profit (loss) carried forward +€5,401
up €5,401 (+1.3%), from €421,587 to €426,988
- Purchases and services -€503,493
down €503,493 (-11.9%), from €4.2m to €3.7m
- Turnover -€480,962
down €480,962 (-11.1%), from €4.3m to €3.8m
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 | €524,001 | €497,741 | -€26,260 | -5.0% |
| Fixed assets | 21/28 | €2,400 | €1,600 | -€800 | -33.3% |
| Tangible fixed assets | 22/27 | €2,400 | €1,600 | -€800 | -33.3% |
| Furniture and vehicles | 24 | €2,400 | €1,600 | -€800 | -33.3% |
| Current assets | 29/58 | €521,601 | €496,141 | -€25,460 | -4.9% |
| Stocks and contracts in progress | 3 | €144,376 | €73,048 | -€71,328 | -49.4% |
| Stocks | 30/36 | €144,376 | €73,048 | -€71,328 | -49.4% |
| Amounts receivable within one year | 40/41 | €9,452 | €8,273 | -€1,179 | -12.5% |
| Other amounts receivable | 41 | €9,452 | €8,273 | -€1,179 | -12.5% |
| Cash at bank and in hand | 54/58 | €367,773 | €414,820 | +€47,047 | +12.8% |
| Total equity and liabilities | 10/49 | €524,001 | €497,741 | -€26,260 | -5.0% |
| Equity | 10/15 | €432,135 | €437,536 | +€5,401 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,348 | €4,348 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,348 | €4,348 | = | 0.0% |
| Legal reserve | 130 | €4,348 | €4,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | €421,587 | €426,988 | +€5,401 | +1.3% |
| Amounts payable | 17/49 | €91,866 | €60,205 | -€31,661 | -34.5% |
| Amounts payable within one year | 42/48 | €91,866 | €60,205 | -€31,661 | -34.5% |
| Trade debts | 44 | €31,226 | €22,365 | -€8,861 | -28.4% |
| Suppliers | 440/4 | €31,226 | €22,365 | -€8,861 | -28.4% |
| Taxes, remuneration and social security | 45 | €58,587 | €36,965 | -€21,622 | -36.9% |
| Taxes | 450/3 | €8,828 | €10,900 | +€2,072 | +23.5% |
| Remuneration and social security | 454/9 | €49,759 | €26,065 | -€23,694 | -47.6% |
| Other amounts payable | 47/48 | €2,053 | €875 | -€1,178 | -57.4% |
| Turnover | 70 | €4,328,080 | €3,847,118 | -€480,962 | -11.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,229,806 | €3,726,313 | -€503,493 | -11.9% |
| Remuneration, social security and pensions | 62 | €72,182 | €92,746 | +€20,564 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €800 | = | 0.0% |
| Other operating charges | 640/8 | €1,498 | €1,342 | -€156 | -10.4% |
| Gross operating margin | 9900 | €102,700 | €120,805 | +€18,105 | +17.6% |
| Operating profit (loss) | 9901 | €28,220 | €25,917 | -€2,303 | -8.2% |
| Financial charges | 65/66B | €18,239 | €19,155 | +€916 | +5.0% |
| Recurring financial charges | 65 | €18,239 | €19,155 | +€916 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €9,981 | €6,762 | -€3,219 | -32.3% |
| Income taxes | 67/77 | €1,896 | €1,361 | -€535 | -28.2% |
| Profit (loss) for the period | 9904 | €8,085 | €5,401 | -€2,684 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,085 | €5,401 | -€2,684 | -33.2% |
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 12 October 2026 via checked.be.