SOFREE: 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.
SOFREE
Largest movements
- Receivables within one year -€1,439
down €1,439 (-45.4%), from €3,169 to €1,730
of which Other amounts receivable: -€1,780
- Cash -€938
down €938 (-50.7%), from €1,850 to €912
mainly Net result for the year (-€10,948) and Debts after one year (-€4,884)
- Deferred charges and accrued income +€618
new in 2025: €618
- Tangible fixed assets -€264
down €264 (-43.1%), from €612 to €348
- Other debts +€12,537
up €12,537 (+1,335%), from €939 to €13,476
- Profit (loss) carried forward -€10,948
down €10,948 (-67.1%), from -€16,313 to -€27,261
- Debts after one year -€4,884
down €4,884 (-66.4%), from €7,357 to €2,473
- Trade debts +€2,961
up €2,961 (+569%), from €520 to €3,481
- Tax, wage and social debts -€1,745
down €1,745 (-83.6%), from €2,087 to €342
- Gross operating margin -€4,893
down €4,893 (-168%), from -€2,919 to -€7,812
- Taxes +€1,093
up €1,093 (+871%), from €125 to €1,218
- Other operating charges -€1,026
down €1,026 (-52.8%), from €1,944 to €918
- Write-downs +€256
new in 2025: €256
- Financial charges +€229
up €229 (+89.4%), from €256 to €484
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 | €8,731 | €6,708 | -€2,023 | -23.2% |
| Fixed assets | 21/28 | €702 | €438 | -€264 | -37.6% |
| Tangible fixed assets | 22/27 | €612 | €348 | -€264 | -43.1% |
| Furniture and vehicles | 24 | €612 | €348 | -€264 | -43.1% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €8,029 | €6,270 | -€1,759 | -21.9% |
| Stocks and contracts in progress | 3 | €3,010 | €3,010 | = | 0.0% |
| Stocks | 30/36 | €3,010 | €3,010 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,169 | €1,730 | -€1,439 | -45.4% |
| Trade receivables | 40 | €982 | €1,323 | +€341 | +34.7% |
| Other amounts receivable | 41 | €2,187 | €407 | -€1,780 | -81.4% |
| Cash at bank and in hand | 54/58 | €1,850 | €912 | -€938 | -50.7% |
| Deferred charges and accrued income | 490/1 | - | €618 | +€618 | |
| Total equity and liabilities | 10/49 | €8,731 | €6,708 | -€2,023 | -23.2% |
| Equity | 10/15 | -€3,113 | -€14,061 | -€10,948 | -352% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€16,313 | -€27,261 | -€10,948 | -67.1% |
| Amounts payable | 17/49 | €11,844 | €20,769 | +€8,925 | +75.3% |
| Amounts payable after more than one year | 17 | €7,357 | €2,473 | -€4,884 | -66.4% |
| Financial debts | 170/4 | €7,357 | €2,473 | -€4,884 | -66.4% |
| Amounts payable within one year | 42/48 | €4,487 | €18,296 | +€13,808 | +308% |
| Current portion of amounts payable after more than one year | 42 | €941 | €884 | -€57 | -6.1% |
| Financial debts | 43 | - | €112 | +€112 | |
| Credit institutions | 430/8 | - | €112 | +€112 | |
| Trade debts | 44 | €520 | €3,481 | +€2,961 | +569% |
| Suppliers | 440/4 | €520 | €3,481 | +€2,961 | +569% |
| Taxes, remuneration and social security | 45 | €2,087 | €342 | -€1,745 | -83.6% |
| Taxes | 450/3 | €2,087 | €342 | -€1,745 | -83.6% |
| Other amounts payable | 47/48 | €939 | €13,476 | +€12,537 | +1,335% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264 | €264 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €256 | +€256 | |
| Other operating charges | 640/8 | €1,944 | €918 | -€1,026 | -52.8% |
| Gross operating margin | 9900 | -€2,919 | -€7,812 | -€4,893 | -168% |
| Operating profit (loss) | 9901 | -€5,127 | -€9,250 | -€4,123 | -80.4% |
| Financial income | 75/76B | €0 | €5 | +€4 | +1,443% |
| Recurring financial income | 75 | €0 | €5 | +€4 | +1,443% |
| Financial charges | 65/66B | €256 | €484 | +€229 | +89.4% |
| Recurring financial charges | 65 | €256 | €484 | +€229 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,382 | -€9,730 | -€4,348 | -80.8% |
| Income taxes | 67/77 | €125 | €1,218 | +€1,093 | +871% |
| Profit (loss) for the period | 9904 | -€5,507 | -€10,948 | -€5,440 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,507 | -€10,948 | -€5,440 | -98.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.