SOFRAN INTERNATIONAL: 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.
SOFRAN INTERNATIONAL
Largest movements
- Receivables within one year +€490,191
up €490,191 (+1,195%), from €41,021 to €531,211
of which Trade receivables: +€486,560
- Cash -€138,526
down €138,526 (-83.6%), from €165,606 to €27,080
mainly Receivables within one year (-€490,191) and Investment in fixed assets (net) (-€114,787)
- Tangible fixed assets +€87,973
up €87,973 (+142%), from €61,771 to €149,744
of which Furniture and vehicles: +€91,317
- Trade debts +€245,533
up €245,533 (+4,953%), from €4,957 to €250,490
- Provisions +€106,896
new in 2025: €106,896
- Reserves +€62,560
up €62,560 (+24.0%), from €261,186 to €323,745
of which Distributable reserves: +€62,560
- Other debts +€18,433
up €18,433 (+17.6%), from €104,910 to €123,343
- Tax, wage and social debts +€9,672
up €9,672 (+528%), from €1,833 to €11,505
- Gross operating margin +€216,340
up €216,340 (+318%), from €68,076 to €284,417
- Provisions +€106,896
new in 2025: €106,896
- Taxes +€26,422
up €26,422 (+132%), from €20,083 to €46,505
- Depreciation +€24,901
up €24,901 (+1,302%), from €1,912 to €26,813
- Financial charges +€3,535
up €3,535 (+24.0%), from €14,732 to €18,267
of which Financial charges: +€9,520
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.
Derived cash bridge
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 | €396,265 | €835,979 | +€439,713 | +111% |
| Fixed assets | 21/28 | €61,876 | €149,849 | +€87,973 | +142% |
| Tangible fixed assets | 22/27 | €61,771 | €149,744 | +€87,973 | +142% |
| Land and buildings | 22 | €47,409 | €45,889 | -€1,520 | -3.2% |
| Plant, machinery and equipment | 23 | €2,235 | €1,426 | -€809 | -36.2% |
| Furniture and vehicles | 24 | €11,112 | €102,430 | +€91,317 | +822% |
| Other tangible fixed assets | 26 | €1,015 | - | -€1,015 | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €334,390 | €686,130 | +€351,740 | +105% |
| Amounts receivable after more than one year | 29 | €115,000 | €115,000 | = | 0.0% |
| Trade receivables | 290 | €115,000 | €115,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,021 | €531,211 | +€490,191 | +1,195% |
| Trade receivables | 40 | €34,731 | €521,291 | +€486,560 | +1,401% |
| Other amounts receivable | 41 | €6,290 | €9,921 | +€3,631 | +57.7% |
| Cash at bank and in hand | 54/58 | €165,606 | €27,080 | -€138,526 | -83.6% |
| Deferred charges and accrued income | 490/1 | €12,763 | €12,838 | +€76 | +0.6% |
| Total equity and liabilities | 10/49 | €396,265 | €835,979 | +€439,713 | +111% |
| Equity | 10/15 | €281,186 | €343,745 | +€62,560 | +22.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €261,186 | €323,745 | +€62,560 | +24.0% |
| Tax-exempt reserves | 132 | €426 | €426 | = | 0.0% |
| Distributable reserves | 133 | €260,760 | €323,319 | +€62,560 | +24.0% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Provisions and deferred taxes | 16 | - | €106,896 | +€106,896 | |
| Provisions for liabilities and charges | 160/5 | - | €106,896 | +€106,896 | |
| Environmental obligations | 163 | - | €106,896 | +€106,896 | |
| Amounts payable | 17/49 | €115,079 | €385,337 | +€270,258 | +235% |
| Amounts payable within one year | 42/48 | €115,079 | €385,337 | +€270,258 | +235% |
| Financial debts | 43 | €3,381 | - | -€3,381 | |
| Credit institutions | 430/8 | €3,381 | - | -€3,381 | |
| Trade debts | 44 | €4,957 | €250,490 | +€245,533 | +4,953% |
| Suppliers | 440/4 | €4,957 | €250,490 | +€245,533 | +4,953% |
| Taxes, remuneration and social security | 45 | €1,833 | €11,505 | +€9,672 | +528% |
| Taxes | 450/3 | €1,833 | €11,505 | +€9,672 | +528% |
| Other amounts payable | 47/48 | €104,910 | €123,343 | +€18,433 | +17.6% |
| Non-recurring operating income | 76A | €7,600 | - | -€7,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,912 | €26,813 | +€24,901 | +1,302% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €106,896 | +€106,896 | |
| Other operating charges | 640/8 | €654 | €116 | -€538 | -82.2% |
| Gross operating margin | 9900 | €68,076 | €284,417 | +€216,340 | +318% |
| Operating profit (loss) | 9901 | €65,510 | €150,591 | +€85,081 | +130% |
| Financial income | 75/76B | €4,899 | €4,640 | -€259 | -5.3% |
| Recurring financial income | 75 | €2,055 | €4,640 | +€2,585 | +126% |
| Non-recurring financial income | 76B | €2,844 | - | -€2,844 | |
| Financial charges | 65/66B | €14,732 | €18,267 | +€3,535 | +24.0% |
| Recurring financial charges | 65 | €8,747 | €18,267 | +€9,520 | +109% |
| Non-recurring financial charges | 66B | €5,985 | - | -€5,985 | |
| Profit (loss) for the period before taxes | 9903 | €55,678 | €136,965 | +€81,287 | +146% |
| Income taxes | 67/77 | €20,083 | €46,505 | +€26,422 | +132% |
| Profit (loss) for the period | 9904 | €35,595 | €90,459 | +€54,865 | +154% |
| Profit (loss) for the period to be appropriated | 9905 | €35,595 | €90,459 | +€54,865 | +154% |
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 15 October 2026 via checked.be.