SOFSAR IMMO: 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.
SOFSAR IMMO
Largest movements
- Tangible fixed assets -€871,316
down €871,316 (-84.2%), from €1.0m to €163,205
- Cash +€850,264
up €850,264 (+14816.6%), from €5,739 to €856,003
mainly Investment in fixed assets (net) (+€871,316)
- Profit (loss) carried forward -€20,456
down €20,456 (-8.8%), from -€231,286 to -€251,742
- Gross operating margin -€28,624
down €28,624, from €13,900 to -€14,725
- Depreciation -€24,881
no longer reported in 2025 (was €24,881)
- Financial income +€1,274
new in 2025: €1,274
- Financial charges -€1,269
down €1,269 (-49.8%), from €2,548 to €1,278
- Other operating charges +€566
up €566 (+11.0%), from €5,162 to €5,727
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 | €1,040,539 | €1,019,501 | -€21,038 | -2.0% |
| Fixed assets | 21/28 | €1,034,520 | €163,205 | -€871,316 | -84.2% |
| Tangible fixed assets | 22/27 | €1,034,520 | €163,205 | -€871,316 | -84.2% |
| Land and buildings | 22 | €1,034,520 | €163,205 | -€871,316 | -84.2% |
| Current assets | 29/58 | €6,019 | €856,296 | +€850,278 | +14127.5% |
| Cash at bank and in hand | 54/58 | €5,739 | €856,003 | +€850,264 | +14816.6% |
| Deferred charges and accrued income | 490/1 | €280 | €293 | +€13 | +4.7% |
| Total equity and liabilities | 10/49 | €1,040,539 | €1,019,501 | -€21,038 | -2.0% |
| Equity | 10/15 | -€31,286 | -€51,742 | -€20,456 | -65.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€231,286 | -€251,742 | -€20,456 | -8.8% |
| Amounts payable | 17/49 | €1,071,825 | €1,071,243 | -€582 | -0.1% |
| Amounts payable after more than one year | 17 | €1,065,219 | €1,065,219 | = | 0.0% |
| Financial debts | 170/4 | €1,065,219 | €1,065,219 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,606 | €6,024 | -€582 | -8.8% |
| Trade debts | 44 | €435 | €1,409 | +€974 | +224.2% |
| Suppliers | 440/4 | €435 | €1,409 | +€974 | +224.2% |
| Other amounts payable | 47/48 | €6,171 | €4,615 | -€1,556 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,881 | - | -€24,881 | |
| Other operating charges | 640/8 | €5,162 | €5,727 | +€566 | +11.0% |
| Gross operating margin | 9900 | €13,900 | -€14,725 | -€28,624 | |
| Operating profit (loss) | 9901 | -€16,142 | -€20,452 | -€4,309 | -26.7% |
| Financial income | 75/76B | - | €1,274 | +€1,274 | |
| Recurring financial income | 75 | - | €1,274 | +€1,274 | |
| Financial charges | 65/66B | €2,548 | €1,278 | -€1,269 | -49.8% |
| Recurring financial charges | 65 | €2,548 | €1,278 | -€1,269 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,690 | -€20,456 | -€1,766 | -9.5% |
| Profit (loss) for the period | 9904 | -€18,690 | -€20,456 | -€1,766 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,690 | -€20,456 | -€1,766 | -9.5% |
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 29 September 2026 via checked.be.