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SOFK: 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.

What changed

SOFK

BE 0808.782.139
fiscal year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
€21,256
31-12-2024 · €13,136+€8,120
Equity
€38,719
31-12-2024 · €61,764-€23,044
Cash
€40,389
31-12-2024 · €17,609+€22,780
Balance sheet total
€99,796
31-12-2024 · €70,281+€29,515

Largest movements

31-12-2024 to 31-12-2025
Assets
  • Cash +€22,780

    up €22,780 (+129.4%), from €17,609 to €40,389

    mainly Other debts (+€44,300) and Net result for the year (+€21,256)

  • Receivables within one year +€8,486

    up €8,486 (+17.4%), from €48,805 to €57,290

  • Deferred charges and accrued income -€1,513

    no longer reported in 2025 (was €1,513)

Equity and liabilities
  • Other debts +€44,300

    new in 2025: €44,300

  • Profit (loss) carried forward -€27,744

    down €27,744 (-97.7%), from €28,404 to €659

  • Tax, wage and social debts +€10,184

    up €10,184 (+161.6%), from €6,300 to €16,484

  • Reserves +€4,700

    up €4,700 (+14.1%), from €33,360 to €38,060

  • Short-term financial debts -€2,159

    no longer reported in 2025 (was €2,159)

Income statement
  • Gross operating margin +€9,153

    up €9,153 (+41.5%), from €22,064 to €31,217

  • Taxes +€4,005

    up €4,005 (+61.3%), from €6,532 to €10,537

  • Depreciation -€1,504

    down €1,504 (-55.9%), from €2,691 to €1,187

  • Financial income +€886

    up €886 (+46.0%), from €1,926 to €2,813

  • Other operating charges -€441

    down €441 (-30.8%), from €1,431 to €990

From the 31-12-2024 result to the 31-12-2025 result

effect on the 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 31-12-2024 €13,136
Gross operating margin +€9,153
Depreciation +€1,504
Other operating charges +€441
Financial income +€886
Financial charges +€140
Taxes -€4,005
Result 31-12-2025 €21,256

Cash bridge derived

cash 31-12-2024 to 31-12-2025

Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€70,188
Investment -€949
Financing -€46,459
Cash 31-12-2024 €17,609
Net result for the year +€21,256
Depreciation +€1,187
Receivables within one year -€8,486
Deferred charges and accrued income +€1,513
Trade debts +€234
Tax, wage and social debts +€10,184
Other debts +€44,300
Investment in fixed assets (net) -€949
Short-term financial debts -€2,159
Contributions, distributions and other -€44,300
Cash 31-12-2025 €40,389
Every line side by side 36 lines
Line Code 31-12-2024 31-12-2025 Change %
Total assets 20/58 €70,281 €99,796 +€29,515 +42.0%
Fixed assets 21/28 €2,354 €2,116 -€238 -10.1%
Tangible fixed assets 22/27 €2,354 €2,116 -€238 -10.1%
Plant, machinery and equipment 23 €354 €1,033 +€679 +191.8%
Furniture and vehicles 24 €2,000 €1,084 -€917 -45.8%
Current assets 29/58 €67,927 €97,679 +€29,753 +43.8%
Amounts receivable within one year 40/41 €48,805 €57,290 +€8,486 +17.4%
Other amounts receivable 41 €48,805 €57,290 +€8,486 +17.4%
Cash at bank and in hand 54/58 €17,609 €40,389 +€22,780 +129.4%
Deferred charges and accrued income 490/1 €1,513 - -€1,513
Total equity and liabilities 10/49 €70,281 €99,796 +€29,515 +42.0%
Equity 10/15 €61,764 €38,719 -€23,044 -37.3%
Reserves 13 €33,360 €38,060 +€4,700 +14.1%
Distributable reserves 133 €33,360 €38,060 +€4,700 +14.1%
Profit (loss) carried forward 14 €28,404 €659 -€27,744 -97.7%
Amounts payable 17/49 €8,517 €61,077 +€52,559 +617.1%
Amounts payable within one year 42/48 €8,517 €61,077 +€52,559 +617.1%
Financial debts 43 €2,159 - -€2,159
Other loans 439 €2,159 - -€2,159
Trade debts 44 €59 €293 +€234 +397.9%
Suppliers 440/4 €59 €293 +€234 +397.9%
Taxes, remuneration and social security 45 €6,300 €16,484 +€10,184 +161.6%
Taxes 450/3 €6,300 €16,484 +€10,184 +161.6%
Other amounts payable 47/48 - €44,300 +€44,300
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,691 €1,187 -€1,504 -55.9%
Other operating charges 640/8 €1,431 €990 -€441 -30.8%
Gross operating margin 9900 €22,064 €31,217 +€9,153 +41.5%
Operating profit (loss) 9901 €17,942 €29,041 +€11,098 +61.9%
Financial income 75/76B €1,926 €2,813 +€886 +46.0%
Recurring financial income 75 €1,926 €2,813 +€886 +46.0%
Financial charges 65/66B €201 €61 -€140 -69.8%
Recurring financial charges 65 €201 €61 -€140 -69.8%
Profit (loss) for the period before taxes 9903 €19,668 €31,793 +€12,125 +61.6%
Income taxes 67/77 €6,532 €10,537 +€4,005 +61.3%
Profit (loss) for the period 9904 €13,136 €21,256 +€8,120 +61.8%
Profit (loss) for the period to be appropriated 9905 €13,136 €21,256 +€8,120 +61.8%

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 29 September 2026 via checked.be.