SOFRE: 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.
SOFRE
Largest movements
- Cash -€2,728
down €2,728 (-65.4%), from €4,174 to €1,445
mainly Net result for the year (-€2,532) and Receivables within one year (-€458)
- Receivables within one year +€458
new in 2025: €458
- Profit (loss) carried forward -€2,532
down €2,532 (-17.2%), from -€14,760 to -€17,292
- Trade debts +€469
up €469 (+372.3%), from €126 to €595
- Other debts -€207
no longer reported in 2025 (was €207)
- Other operating charges -€1,312
down €1,312 (-67.6%), from €1,940 to €628
- Gross operating margin -€467
down €467 (-33.6%), from -€1,393 to -€1,860
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 | €4,174 | €1,903 | -€2,271 | -54.4% |
| Current assets | 29/58 | €4,174 | €1,903 | -€2,271 | -54.4% |
| Amounts receivable within one year | 40/41 | - | €458 | +€458 | |
| Other amounts receivable | 41 | - | €458 | +€458 | |
| Cash at bank and in hand | 54/58 | €4,174 | €1,445 | -€2,728 | -65.4% |
| Total equity and liabilities | 10/49 | €4,174 | €1,903 | -€2,271 | -54.4% |
| Equity | 10/15 | €3,840 | €1,308 | -€2,532 | -65.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,760 | -€17,292 | -€2,532 | -17.2% |
| Amounts payable | 17/49 | €333 | €595 | +€262 | +78.5% |
| Amounts payable within one year | 42/48 | €333 | €595 | +€262 | +78.5% |
| Trade debts | 44 | €126 | €595 | +€469 | +372.3% |
| Suppliers | 440/4 | €126 | €595 | +€469 | +372.3% |
| Other amounts payable | 47/48 | €207 | - | -€207 | |
| Other operating charges | 640/8 | €1,940 | €628 | -€1,312 | -67.6% |
| Gross operating margin | 9900 | -€1,393 | -€1,860 | -€467 | -33.6% |
| Operating profit (loss) | 9901 | -€3,332 | -€2,487 | +€845 | +25.4% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,376 | -€2,532 | +€843 | +25.0% |
| Profit (loss) for the period | 9904 | -€3,376 | -€2,532 | +€843 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,376 | -€2,532 | +€843 | +25.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.