SOPA & CO: 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.
SOPA & CO
Largest movements
- Cash +€56,060
up €56,060 (+209%), from €26,829 to €82,889
mainly Net result for the year (+€102,815) and Depreciation (+€6,836)
- Current investments +€40,000
up €40,000 (+7.3%), from €544,878 to €584,878
- Receivables within one year +€10,179
up €10,179 (+18.9%), from €53,824 to €64,003
of which Other amounts receivable: +€10,179
- Reserves +€102,815
up €102,815 (+17.1%), from €599,689 to €702,504
- Financial income +€38,173
up €38,173 (+488%), from €7,825 to €45,998
- Depreciation -€4,823
down €4,823 (-41.4%), from €11,659 to €6,836
- Gross operating margin -€2,513
down €2,513 (-3.1%), from €81,298 to €78,786
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 | €632,811 | €732,214 | +€99,404 | +15.7% |
| Fixed assets | 21/28 | €7,280 | €444 | -€6,836 | -93.9% |
| Tangible fixed assets | 22/27 | €7,280 | €444 | -€6,836 | -93.9% |
| Plant, machinery and equipment | 23 | €1,017 | €444 | -€573 | -56.3% |
| Furniture and vehicles | 24 | €1,172 | - | -€1,172 | |
| Leasing and similar rights | 25 | €5,091 | - | -€5,091 | |
| Current assets | 29/58 | €625,531 | €731,770 | +€106,240 | +17.0% |
| Amounts receivable within one year | 40/41 | €53,824 | €64,003 | +€10,179 | +18.9% |
| Trade receivables | 40 | €39,930 | €39,930 | = | 0.0% |
| Other amounts receivable | 41 | €13,894 | €24,073 | +€10,179 | +73.3% |
| Current investments | 50/53 | €544,878 | €584,878 | +€40,000 | +7.3% |
| Cash at bank and in hand | 54/58 | €26,829 | €82,889 | +€56,060 | +209% |
| Total equity and liabilities | 10/49 | €632,811 | €732,214 | +€99,404 | +15.7% |
| Equity | 10/15 | €618,289 | €721,104 | +€102,815 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €599,689 | €702,504 | +€102,815 | +17.1% |
| Distributable reserves | 133 | €599,689 | €702,504 | +€102,815 | +17.1% |
| Amounts payable | 17/49 | €14,522 | €11,110 | -€3,411 | -23.5% |
| Amounts payable within one year | 42/48 | €14,126 | €11,110 | -€3,015 | -21.3% |
| Trade debts | 44 | €160 | €992 | +€832 | +520% |
| Suppliers | 440/4 | €160 | €992 | +€832 | +520% |
| Taxes, remuneration and social security | 45 | €13,816 | €9,818 | -€3,998 | -28.9% |
| Taxes | 450/3 | €6,710 | €6,624 | -€86 | -1.3% |
| Remuneration and social security | 454/9 | €7,105 | €3,194 | -€3,912 | -55.1% |
| Other amounts payable | 47/48 | €150 | €300 | +€150 | +100% |
| Accrued charges and deferred income | 492/3 | €396 | - | -€396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,659 | €6,836 | -€4,823 | -41.4% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €81,298 | €78,786 | -€2,513 | -3.1% |
| Operating profit (loss) | 9901 | €69,134 | €71,430 | +€2,296 | +3.3% |
| Financial income | 75/76B | €7,825 | €45,998 | +€38,173 | +488% |
| Recurring financial income | 75 | €7,825 | €45,998 | +€38,173 | +488% |
| Financial charges | 65/66B | €116 | €70 | -€46 | -39.4% |
| Recurring financial charges | 65 | €116 | €70 | -€46 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €76,842 | €117,357 | +€40,515 | +52.7% |
| Income taxes | 67/77 | €14,532 | €14,542 | +€11 | +0.1% |
| Profit (loss) for the period | 9904 | €62,311 | €102,815 | +€40,504 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,311 | €102,815 | +€40,504 | +65.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.