SOFY: 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.
SOFY
Largest movements
- Cash +€26,433
up €26,433 (+108.0%), from €24,468 to €50,901
mainly Receivables within one year (+€21,583) and Depreciation (+€15,721)
- Receivables within one year -€21,583
down €21,583 (-30.1%), from €71,691 to €50,108
of which Trade receivables: -€21,289
- Tangible fixed assets -€13,567
down €13,567 (-28.8%), from €47,138 to €33,570
of which Land and buildings: -€15,288
- Deferred charges and accrued income +€2,719
new in 2025: €2,719
- Reserves -€4,000
down €4,000 (-2.8%), from €144,453 to €140,453
- Tax, wage and social debts -€3,045
down €3,045 (-75.7%), from €4,021 to €976
- Trade debts +€1,759
new in 2025: €1,759
- Gross operating margin +€7,909
up €7,909 (+132.7%), from €5,962 to €13,871
- Other operating charges +€383
up €383 (+25.0%), from €1,530 to €1,913
- Financial income -€248
down €248 (-89.3%), from €278 to €30
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 | €168,554 | €162,556 | -€5,998 | -3.6% |
| Fixed assets | 21/28 | €72,394 | €58,827 | -€13,567 | -18.7% |
| Tangible fixed assets | 22/27 | €47,138 | €33,570 | -€13,567 | -28.8% |
| Land and buildings | 22 | €46,930 | €31,642 | -€15,288 | -32.6% |
| Furniture and vehicles | 24 | €207 | €1,928 | +€1,721 | +830.7% |
| Financial fixed assets | 28 | €25,257 | €25,257 | = | 0.0% |
| Current assets | 29/58 | €96,159 | €103,728 | +€7,569 | +7.9% |
| Amounts receivable within one year | 40/41 | €71,691 | €50,108 | -€21,583 | -30.1% |
| Trade receivables | 40 | €62,100 | €40,811 | -€21,289 | -34.3% |
| Other amounts receivable | 41 | €9,591 | €9,297 | -€294 | -3.1% |
| Cash at bank and in hand | 54/58 | €24,468 | €50,901 | +€26,433 | +108.0% |
| Deferred charges and accrued income | 490/1 | - | €2,719 | +€2,719 | |
| Total equity and liabilities | 10/49 | €168,554 | €162,556 | -€5,998 | -3.6% |
| Equity | 10/15 | €163,245 | €159,120 | -€4,124 | -2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,453 | €140,453 | -€4,000 | -2.8% |
| Distributable reserves | 133 | €144,453 | €140,453 | -€4,000 | -2.8% |
| Profit (loss) carried forward | 14 | €192 | €67 | -€124 | -64.9% |
| Amounts payable | 17/49 | €5,309 | €3,435 | -€1,874 | -35.3% |
| Amounts payable within one year | 42/48 | €4,609 | €2,735 | -€1,874 | -40.7% |
| Financial debts | 43 | €588 | - | -€588 | |
| Credit institutions | 430/8 | €588 | - | -€588 | |
| Trade debts | 44 | - | €1,759 | +€1,759 | |
| Suppliers | 440/4 | - | €1,759 | +€1,759 | |
| Taxes, remuneration and social security | 45 | €4,021 | €976 | -€3,045 | -75.7% |
| Taxes | 450/3 | €4,021 | €976 | -€3,045 | -75.7% |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,703 | €15,721 | +€18 | +0.1% |
| Other operating charges | 640/8 | €1,530 | €1,913 | +€383 | +25.0% |
| Gross operating margin | 9900 | €5,962 | €13,871 | +€7,909 | +132.7% |
| Operating profit (loss) | 9901 | -€11,271 | -€3,763 | +€7,508 | +66.6% |
| Financial income | 75/76B | €278 | €30 | -€248 | -89.3% |
| Recurring financial income | 75 | €278 | €30 | -€248 | -89.3% |
| Financial charges | 65/66B | €383 | €391 | +€8 | +2.2% |
| Recurring financial charges | 65 | €383 | €391 | +€8 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,375 | -€4,124 | +€7,251 | +63.7% |
| Profit (loss) for the period | 9904 | -€11,375 | -€4,124 | +€7,251 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,375 | -€4,124 | +€7,251 | +63.7% |
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 8 October 2026 via checked.be.