SOFYMO: 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.
What changed
SOFYMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€40,160
2024 · €103,045-€62,885
Equity
€2.0m
2024 · €1.9m+€40,160
Cash
€175,131
2024 · €145,745+€29,386
Balance sheet total
€3.9m
2024 · €4.1m-€170,395
Largest movements
Assets
- Receivables after one year -€250,000
down €250,000 (-13.2%), from €1.9m to €1.7m
- Receivables within one year +€189,683
up €189,683 (+52.6%), from €360,707 to €550,390
- Tangible fixed assets -€121,027
down €121,027 (-7.5%), from €1.6m to €1.5m
Equity and liabilities
- Debts after one year -€165,295
down €165,295 (-10.0%), from €1.7m to €1.5m
of which Financial debts: -€165,295
Income statement
- Staff costs +€61,466
new in 2025: €61,466
- Gross operating margin +€49,453
up €49,453 (+36.0%), from €137,229 to €186,682
- Financial charges +€46,405
up €46,405 (+152.3%), from €30,474 to €76,878
- Financial income -€20,498
down €20,498 (-12.4%), from €165,687 to €145,189
- Taxes -€16,994
down €16,994 (-39.9%), from €42,571 to €25,577
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.
Result 2024
€103,045
Gross operating margin
+€49,453
Staff costs
-€61,466
Depreciation
-€657
Other operating charges
-€397
Financial income
-€20,498
Financial charges
-€46,405
Taxes
+€16,994
Deferred taxes and other
+€90
Result 2025
€40,160
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.
From operations
+€197,342
Investment
€0
Financing
-€167,956
Cash 2024
€145,745
From operations (derived)
+€197,342
Net result for the year
+€40,160
Depreciation
+€121,027
Receivables after one year
+€250,000
Receivables within one year
-€189,683
Deferred charges and accrued income
+€18,438
Provisions
-€10,923
Trade debts
-€20,218
Tax, wage and social debts
-€10,188
Other debts
-€214
Accrued charges and deferred income
-€1,056
Financing
-€167,956
Debts after one year
-€165,295
Current portion of long-term debt
-€2,661
Cash 2025
€175,131
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,056,856 | €3,886,460 | -€170,395 | -4.2% |
| Fixed assets | 21/28 | €1,619,977 | €1,498,950 | -€121,027 | -7.5% |
| Tangible fixed assets | 22/27 | €1,619,977 | €1,498,950 | -€121,027 | -7.5% |
| Land and buildings | 22 | €1,619,977 | €1,498,950 | -€121,027 | -7.5% |
| Current assets | 29/58 | €2,436,879 | €2,387,510 | -€49,369 | -2.0% |
| Amounts receivable after more than one year | 29 | €1,900,000 | €1,650,000 | -€250,000 | -13.2% |
| Other amounts receivable | 291 | €1,900,000 | €1,650,000 | -€250,000 | -13.2% |
| Amounts receivable within one year | 40/41 | €360,707 | €550,390 | +€189,683 | +52.6% |
| Other amounts receivable | 41 | €360,707 | €550,390 | +€189,683 | +52.6% |
| Cash at bank and in hand | 54/58 | €145,745 | €175,131 | +€29,386 | +20.2% |
| Deferred charges and accrued income | 490/1 | €30,428 | €11,990 | -€18,438 | -60.6% |
| Total equity and liabilities | 10/49 | €4,056,856 | €3,886,460 | -€170,395 | -4.2% |
| Equity | 10/15 | €1,932,300 | €1,972,460 | +€40,160 | +2.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,870,300 | €1,910,460 | +€40,160 | +2.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €440,334 | €407,565 | -€32,769 | -7.4% |
| Distributable reserves | 133 | €1,423,766 | €1,496,695 | +€72,929 | +5.1% |
| Provisions and deferred taxes | 16 | €146,778 | €135,855 | -€10,923 | -7.4% |
| Deferred taxes | 168 | €146,778 | €135,855 | -€10,923 | -7.4% |
| Amounts payable | 17/49 | €1,977,778 | €1,778,146 | -€199,632 | -10.1% |
| Amounts payable after more than one year | 17 | €1,656,483 | €1,491,188 | -€165,295 | -10.0% |
| Financial debts | 170/4 | €1,621,240 | €1,455,945 | -€165,295 | -10.2% |
| Other amounts payable | 178/9 | €35,243 | €35,243 | = | 0.0% |
| Amounts payable within one year | 42/48 | €318,652 | €285,370 | -€33,281 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €174,051 | €171,390 | -€2,661 | -1.5% |
| Trade debts | 44 | €94,165 | €73,947 | -€20,218 | -21.5% |
| Suppliers | 440/4 | €94,165 | €73,947 | -€20,218 | -21.5% |
| Taxes, remuneration and social security | 45 | €42,794 | €32,605 | -€10,188 | -23.8% |
| Taxes | 450/3 | €42,794 | €28,600 | -€14,193 | -33.2% |
| Remuneration and social security | 454/9 | - | €4,005 | +€4,005 | |
| Other amounts payable | 47/48 | €7,642 | €7,427 | -€214 | -2.8% |
| Accrued charges and deferred income | 492/3 | €2,643 | €1,588 | -€1,056 | -39.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €61,466 | +€61,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,370 | €121,027 | +€657 | +0.5% |
| Other operating charges | 640/8 | €17,290 | €17,687 | +€397 | +2.3% |
| Gross operating margin | 9900 | €137,229 | €186,682 | +€49,453 | +36.0% |
| Operating profit (loss) | 9901 | -€431 | -€13,497 | -€13,066 | -3033.2% |
| Financial income | 75/76B | €165,687 | €145,189 | -€20,498 | -12.4% |
| Recurring financial income | 75 | €165,687 | €145,189 | -€20,498 | -12.4% |
| Financial charges | 65/66B | €30,474 | €76,878 | +€46,405 | +152.3% |
| Recurring financial charges | 65 | €30,474 | €76,878 | +€46,405 | +152.3% |
| Profit (loss) for the period before taxes | 9903 | €134,782 | €54,813 | -€79,969 | -59.3% |
| Transfer from deferred taxes | 780 | €10,833 | €10,923 | +€90 | +0.8% |
| Income taxes | 67/77 | €42,571 | €25,577 | -€16,994 | -39.9% |
| Profit (loss) for the period | 9904 | €103,045 | €40,160 | -€62,885 | -61.0% |
| Transfer from tax-exempt reserves | 789 | €32,499 | €32,769 | +€270 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €135,543 | €72,929 | -€62,615 | -46.2% |
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.