SOFOBEL: 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.
SOFOBEL
Largest movements
- Current investments -€550,000
no longer reported in 2024 (was €550,000)
- Contributions -€500,000
down €500,000 (-3.0%), from €16.8m to €16.3m
- Financial income -€496,211
down €496,211 (-99.2%), from €500,000 to €3,789
- Taxes +€13,425
new in 2024: €13,425
- Gross operating margin -€3,033
down €3,033 (-51.0%), from -€5,948 to -€8,981
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 | €18,435,353 | €17,916,944 | -€518,409 | -2.8% |
| Fixed assets | 21/28 | €17,869,654 | €17,869,654 | = | 0.0% |
| Financial fixed assets | 28 | €17,869,654 | €17,869,654 | = | 0.0% |
| Current assets | 29/58 | €565,699 | €47,290 | -€518,409 | -91.6% |
| Current investments | 50/53 | €550,000 | - | -€550,000 | |
| Cash at bank and in hand | 54/58 | €15,699 | €47,290 | +€31,591 | +201.2% |
| Total equity and liabilities | 10/49 | €18,435,353 | €17,916,944 | -€518,409 | -2.8% |
| Equity | 10/15 | €18,434,240 | €17,914,627 | -€519,613 | -2.8% |
| Contributions | 10/11 | €16,775,000 | €16,275,000 | -€500,000 | -3.0% |
| Capital | 10 | €16,775,000 | €16,275,000 | -€500,000 | -3.0% |
| Issued capital | 100 | €16,775,000 | €16,275,000 | -€500,000 | -3.0% |
| Reserves | 13 | €9,750 | €9,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,750 | €9,750 | = | 0.0% |
| Legal reserve | 130 | €9,750 | €9,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,649,490 | €1,629,877 | -€19,613 | -1.2% |
| Amounts payable | 17/49 | €1,113 | €2,318 | +€1,205 | +108.2% |
| Amounts payable within one year | 42/48 | €1,113 | €2,318 | +€1,205 | +108.2% |
| Trade debts | 44 | €1,113 | €2,318 | +€1,205 | +108.2% |
| Suppliers | 440/4 | €1,113 | €2,318 | +€1,205 | +108.2% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | -€5,948 | -€8,981 | -€3,033 | -51.0% |
| Operating profit (loss) | 9901 | -€6,908 | -€9,949 | -€3,041 | -44.0% |
| Financial income | 75/76B | €500,000 | €3,789 | -€496,211 | -99.2% |
| Recurring financial income | 75 | €500,000 | €3,789 | -€496,211 | -99.2% |
| Financial charges | 65/66B | €42 | €29 | -€13 | -31.3% |
| Recurring financial charges | 65 | €42 | €29 | -€13 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €493,051 | -€6,188 | -€499,239 | |
| Income taxes | 67/77 | - | €13,425 | +€13,425 | |
| Profit (loss) for the period | 9904 | €493,051 | -€19,613 | -€512,664 | |
| Profit (loss) for the period to be appropriated | 9905 | €493,051 | -€19,613 | -€512,664 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.