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SOFKA BUSINESS: 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

SOFKA BUSINESS

BE 0795.986.453
NACE 47.241, Retail sale of bread and pastry (bakery outlets)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,572
2024 · -€533-€2,040
Equity
€24,883
2024 · €27,456-€2,572
Cash
€18,941
2024 · €20,012-€1,071
Balance sheet total
€45,329
2024 · €39,328+€6,002

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€7,555

    up €7,555 (+82.0%), from €9,209 to €16,763

    of which Furniture and vehicles: +€9,772

  • Stocks and contracts -€2,854

    down €2,854 (-35.7%), from €7,998 to €5,144

  • Receivables within one year +€1,772

    up €1,772 (+84.1%), from €2,108 to €3,881

    of which Trade receivables: +€1,204

  • Cash -€1,071

    down €1,071 (-5.4%), from €20,012 to €18,941

    mainly Investment in fixed assets (net) (-€15,257) and Net result for the year (-€2,572)

  • Financial fixed assets +€600

    new in 2025: €600

Equity and liabilities
  • Trade debts +€5,748

    up €5,748 (+202.4%), from €2,839 to €8,587

  • Tax, wage and social debts +€2,774

    up €2,774 (+30.7%), from €9,033 to €11,807

    of which Remuneration and social security: +€6,870

  • Profit (loss) carried forward -€2,572

    down €2,572, from €2,456 to -€117

Income statement
  • Gross operating margin +€13,266

    up €13,266 (+17.4%), from €76,240 to €89,506

  • Staff costs +€8,645

    up €8,645 (+11.5%), from €75,010 to €83,654

  • Depreciation +€6,087

    up €6,087 (+599.8%), from €1,015 to €7,102

  • Other operating charges +€1,223

    up €1,223 (+2251.3%), from €54 to €1,277

From the 2024 result to the 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 2024 -€533
Gross operating margin +€13,266
Staff costs -€8,645
Depreciation -€6,087
Other operating charges -€1,223
Financial charges +€4
Taxes +€644
Result 2025 -€2,572

Cash bridge derived

cash 2024 to 2025

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 +€14,186
Investment -€15,257
Financing €0
Cash 2024 €20,012
Net result for the year -€2,572
Depreciation +€7,102
Stocks and contracts +€2,854
Receivables within one year -€1,772
Trade debts +€5,748
Tax, wage and social debts +€2,774
Other debts +€52
Investment in fixed assets (net) -€15,257
Cash 2025 €18,941
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €39,328 €45,329 +€6,002 +15.3%
Fixed assets 21/28 €9,209 €17,363 +€8,155 +88.6%
Tangible fixed assets 22/27 €9,209 €16,763 +€7,555 +82.0%
Plant, machinery and equipment 23 €9,209 €6,992 -€2,217 -24.1%
Furniture and vehicles 24 - €9,772 +€9,772
Financial fixed assets 28 - €600 +€600
Current assets 29/58 €30,119 €27,966 -€2,153 -7.1%
Stocks and contracts in progress 3 €7,998 €5,144 -€2,854 -35.7%
Stocks 30/36 €7,998 €5,144 -€2,854 -35.7%
Amounts receivable within one year 40/41 €2,108 €3,881 +€1,772 +84.1%
Trade receivables 40 - €1,204 +€1,204
Other amounts receivable 41 €2,108 €2,677 +€569 +27.0%
Cash at bank and in hand 54/58 €20,012 €18,941 -€1,071 -5.4%
Total equity and liabilities 10/49 €39,328 €45,329 +€6,002 +15.3%
Equity 10/15 €27,456 €24,883 -€2,572 -9.4%
Contributions 10/11 €25,000 €25,000 = 0.0%
Profit (loss) carried forward 14 €2,456 -€117 -€2,572
Amounts payable 17/49 €11,872 €20,446 +€8,574 +72.2%
Amounts payable within one year 42/48 €11,872 €20,446 +€8,574 +72.2%
Trade debts 44 €2,839 €8,587 +€5,748 +202.4%
Suppliers 440/4 €2,839 €8,587 +€5,748 +202.4%
Taxes, remuneration and social security 45 €9,033 €11,807 +€2,774 +30.7%
Taxes 450/3 €5,546 €1,451 -€4,096 -73.8%
Remuneration and social security 454/9 €3,487 €10,356 +€6,870 +197.0%
Other amounts payable 47/48 - €52 +€52
Remuneration, social security and pensions 62 €75,010 €83,654 +€8,645 +11.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,015 €7,102 +€6,087 +599.8%
Other operating charges 640/8 €54 €1,277 +€1,223 +2251.3%
Gross operating margin 9900 €76,240 €89,506 +€13,266 +17.4%
Operating profit (loss) 9901 €161 -€2,527 -€2,688
Financial charges 65/66B €49 €45 -€4 -8.6%
Recurring financial charges 65 €49 €45 -€4 -8.6%
Profit (loss) for the period before taxes 9903 €112 -€2,572 -€2,684
Income taxes 67/77 €644 - -€644
Profit (loss) for the period 9904 -€533 -€2,572 -€2,040 -382.9%
Profit (loss) for the period to be appropriated 9905 -€533 -€2,572 -€2,040 -382.9%

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 30 September 2026 via checked.be.