SOFO: 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.
SOFO
Largest movements
- Receivables within one year +€6,494
up €6,494 (+24.5%), from €26,512 to €33,006
of which Trade receivables: +€5,804
- Tangible fixed assets -€6,234
down €6,234 (-27.2%), from €22,937 to €16,703
- Cash -€3,915
down €3,915 (-18.9%), from €20,702 to €16,787
mainly Short-term financial debts (-€7,006) and Receivables within one year (-€6,494)
- Financial fixed assets +€750
new in 2025: €750
- Short-term financial debts -€7,006
down €7,006 (-24.6%), from €28,511 to €21,506
- Profit (loss) carried forward +€2,573
up €2,573 (+7.4%), from €34,587 to €37,160
- Trade debts +€1,494
up €1,494 (+395.8%), from €377 to €1,871
- Turnover +€58,903
new in 2025: €58,903
- Purchases and services +€47,889
new in 2025: €47,889
- Other operating charges -€42,385
down €42,385 (-95.7%), from €44,301 to €1,916
- Gross operating margin -€39,712
down €39,712 (-76.2%), from €52,131 to €12,418
- Financial charges +€1,695
new in 2025: €1,695
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,151 | €67,247 | -€2,905 | -4.1% |
| Fixed assets | 21/28 | €22,937 | €17,453 | -€5,484 | -23.9% |
| Tangible fixed assets | 22/27 | €22,937 | €16,703 | -€6,234 | -27.2% |
| Furniture and vehicles | 24 | €22,937 | €16,703 | -€6,234 | -27.2% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €47,215 | €49,794 | +€2,579 | +5.5% |
| Amounts receivable within one year | 40/41 | €26,512 | €33,006 | +€6,494 | +24.5% |
| Trade receivables | 40 | €1,325 | €7,129 | +€5,804 | +438.1% |
| Other amounts receivable | 41 | €25,187 | €25,877 | +€690 | +2.7% |
| Cash at bank and in hand | 54/58 | €20,702 | €16,787 | -€3,915 | -18.9% |
| Total equity and liabilities | 10/49 | €70,151 | €67,247 | -€2,905 | -4.1% |
| Equity | 10/15 | €40,792 | €43,365 | +€2,573 | +6.3% |
| Contributions | 10/11 | €6,205 | €6,205 | -€0 | 0.0% |
| Capital | 10 | €6,205 | - | -€6,205 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,395 | - | -€12,395 | |
| Profit (loss) carried forward | 14 | €34,587 | €37,160 | +€2,573 | +7.4% |
| Amounts payable | 17/49 | €29,359 | €23,882 | -€5,477 | -18.7% |
| Amounts payable within one year | 42/48 | €29,359 | €23,882 | -€5,477 | -18.7% |
| Financial debts | 43 | €28,511 | €21,506 | -€7,006 | -24.6% |
| Credit institutions | 430/8 | €28,511 | €21,506 | -€7,006 | -24.6% |
| Trade debts | 44 | €377 | €1,871 | +€1,494 | +395.8% |
| Suppliers | 440/4 | €377 | €1,871 | +€1,494 | +395.8% |
| Taxes, remuneration and social security | 45 | €470 | €505 | +€35 | +7.3% |
| Taxes | 450/3 | €470 | €505 | +€35 | +7.3% |
| Turnover | 70 | - | €58,903 | +€58,903 | |
| Non-recurring operating income | 76A | - | €1,404 | +€1,404 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €47,889 | +€47,889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,234 | €6,234 | = | 0.0% |
| Other operating charges | 640/8 | €44,301 | €1,916 | -€42,385 | -95.7% |
| Gross operating margin | 9900 | €52,131 | €12,418 | -€39,712 | -76.2% |
| Operating profit (loss) | 9901 | €1,596 | €4,268 | +€2,673 | +167.5% |
| Financial charges | 65/66B | - | €1,695 | +€1,695 | |
| Recurring financial charges | 65 | - | €1,695 | +€1,695 | |
| Profit (loss) for the period before taxes | 9903 | €1,596 | €2,573 | +€977 | +61.3% |
| Profit (loss) for the period | 9904 | €1,596 | €2,573 | +€977 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,596 | €2,573 | +€977 | +61.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.