SOFRAGES: 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.
SOFRAGES
Largest movements
- Tangible fixed assets -€5,725
down €5,725 (-3.6%), from €159,365 to €153,640
- Other debts -€4,559
down €4,559 (-3.7%), from €123,004 to €118,445
- Gross operating margin +€1,715
up €1,715 (+30.5%), from €5,614 to €7,328
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 | €159,367 | €153,659 | -€5,708 | -3.6% |
| Fixed assets | 21/28 | €159,365 | €153,640 | -€5,725 | -3.6% |
| Tangible fixed assets | 22/27 | €159,365 | €153,640 | -€5,725 | -3.6% |
| Land and buildings | 22 | €159,365 | €153,640 | -€5,725 | -3.6% |
| Current assets | 29/58 | €2 | €20 | +€18 | +855.6% |
| Cash at bank and in hand | 54/58 | €2 | €20 | +€18 | +855.6% |
| Total equity and liabilities | 10/49 | €159,367 | €153,659 | -€5,708 | -3.6% |
| Equity | 10/15 | €36,363 | €35,215 | -€1,149 | -3.2% |
| Contributions | 10/11 | €252,900 | €252,900 | = | 0.0% |
| Capital | 10 | €252,900 | €252,900 | = | 0.0% |
| Issued capital | 100 | €252,900 | €252,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€216,537 | -€217,685 | -€1,149 | -0.5% |
| Amounts payable | 17/49 | €123,004 | €118,445 | -€4,559 | -3.7% |
| Amounts payable within one year | 42/48 | €123,004 | €118,445 | -€4,559 | -3.7% |
| Other amounts payable | 47/48 | €123,004 | €118,445 | -€4,559 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,725 | €5,725 | = | 0.0% |
| Other operating charges | 640/8 | €2,654 | €2,709 | +€56 | +2.1% |
| Gross operating margin | 9900 | €5,614 | €7,328 | +€1,715 | +30.5% |
| Operating profit (loss) | 9901 | -€2,765 | -€1,106 | +€1,659 | +60.0% |
| Financial charges | 65/66B | €46 | €42 | -€4 | -8.6% |
| Recurring financial charges | 65 | €46 | €42 | -€4 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,812 | -€1,149 | +€1,663 | +59.1% |
| Profit (loss) for the period | 9904 | -€2,812 | -€1,149 | +€1,663 | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,812 | -€1,149 | +€1,663 | +59.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.