SOFRA-INVESTMENTS: 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.
SOFRA-INVESTMENTS
Largest movements
- Cash -€66,558
down €66,558 (-73.1%), from €91,065 to €24,508
mainly Other debts (-€73,628) and Investment in fixed assets (net) (-€3,494)
- Other debts -€73,628
down €73,628 (-24.0%), from €306,456 to €232,827
- Gross operating margin -€2,701
down €2,701 (-71.7%), from €3,766 to €1,064
- Other operating charges -€1,672
down €1,672 (-21.1%), from €7,908 to €6,236
- Depreciation +€865
up €865 (+70.6%), from €1,224 to €2,089
- Financial charges +€200
up €200 (+8.9%), from €2,250 to €2,450
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 | €1,064,154 | €993,507 | -€70,648 | -6.6% |
| Fixed assets | 21/28 | €809,902 | €811,307 | +€1,405 | +0.2% |
| Tangible fixed assets | 22/27 | €185,151 | €186,556 | +€1,405 | +0.8% |
| Land and buildings | 22 | €66,301 | €65,435 | -€867 | -1.3% |
| Plant, machinery and equipment | 23 | €10,565 | €12,836 | +€2,272 | +21.5% |
| Other tangible fixed assets | 26 | €108,285 | €108,285 | = | 0.0% |
| Financial fixed assets | 28 | €624,751 | €624,751 | = | 0.0% |
| Current assets | 29/58 | €254,252 | €182,199 | -€72,053 | -28.3% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,187 | €1,692 | -€5,495 | -76.5% |
| Trade receivables | 40 | €2,420 | €0 | -€2,420 | -100.0% |
| Other amounts receivable | 41 | €4,767 | €1,692 | -€3,075 | -64.5% |
| Cash at bank and in hand | 54/58 | €91,065 | €24,508 | -€66,558 | -73.1% |
| Deferred charges and accrued income | 490/1 | €6,000 | €6,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,064,154 | €993,507 | -€70,648 | -6.6% |
| Equity | 10/15 | €754,188 | €751,000 | -€3,188 | -0.4% |
| Contributions | 10/11 | €113,920 | €113,920 | = | 0.0% |
| Reserves | 13 | €269,551 | €269,551 | = | 0.0% |
| Tax-exempt reserves | 132 | €195,551 | €195,551 | = | 0.0% |
| Distributable reserves | 133 | €74,000 | €74,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €370,718 | €367,530 | -€3,188 | -0.9% |
| Amounts payable | 17/49 | €309,966 | €242,507 | -€67,460 | -21.8% |
| Amounts payable within one year | 42/48 | €308,466 | €241,007 | -€67,460 | -21.9% |
| Trade debts | 44 | €1,302 | €7,462 | +€6,160 | +473.1% |
| Suppliers | 440/4 | €1,302 | €7,462 | +€6,160 | +473.1% |
| Taxes, remuneration and social security | 45 | €709 | €717 | +€8 | +1.1% |
| Taxes | 450/3 | €709 | €717 | +€8 | +1.1% |
| Other amounts payable | 47/48 | €306,456 | €232,827 | -€73,628 | -24.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,224 | €2,089 | +€865 | +70.6% |
| Other operating charges | 640/8 | €7,908 | €6,236 | -€1,672 | -21.1% |
| Gross operating margin | 9900 | €3,766 | €1,064 | -€2,701 | -71.7% |
| Operating profit (loss) | 9901 | -€5,366 | -€7,260 | -€1,894 | -35.3% |
| Financial income | 75/76B | €6,522 | €6,523 | +€1 | 0.0% |
| Recurring financial income | 75 | €6,522 | €6,523 | +€1 | 0.0% |
| Financial charges | 65/66B | €2,250 | €2,450 | +€200 | +8.9% |
| Recurring financial charges | 65 | €2,250 | €2,450 | +€200 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,094 | -€3,188 | -€2,094 | -191.3% |
| Profit (loss) for the period | 9904 | -€1,094 | -€3,188 | -€2,094 | -191.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,094 | -€3,188 | -€2,094 | -191.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.