SOPACA: 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.
SOPACA
Largest movements
- Cash +€17,871
up €17,871 (+182.3%), from €9,802 to €27,673
mainly Net result for the year (+€20,742) and Tax, wage and social debts (+€11,305)
- Receivables within one year +€3,025
up €3,025 (+50.0%), from €6,050 to €9,075
- Tangible fixed assets -€1,440
down €1,440 (-38.0%), from €3,790 to €2,351
- Deferred charges and accrued income +€691
new in 2025: €691
- Profit (loss) carried forward +€20,013
up €20,013 (+1314.2%), from €1,523 to €21,536
- Tax, wage and social debts +€11,305
up €11,305 (+278.5%), from €4,059 to €15,363
- Other debts -€10,944
down €10,944 (-64.8%), from €16,889 to €5,944
- Gross operating margin +€27,421
up €27,421 (+582.7%), from €4,706 to €32,127
- Taxes +€7,256
up €7,256 (+398.0%), from €1,823 to €9,079
- Depreciation +€911
up €911 (+172.2%), from €529 to €1,440
- Financial charges +€388
up €388 (+134.7%), from €288 to €677
- Other operating charges -€350
down €350 (-64.5%), from €543 to €193
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 | €27,142 | €47,289 | +€20,147 | +74.2% |
| Fixed assets | 21/28 | €11,290 | €9,851 | -€1,440 | -12.8% |
| Tangible fixed assets | 22/27 | €3,790 | €2,351 | -€1,440 | -38.0% |
| Furniture and vehicles | 24 | €3,790 | €2,351 | -€1,440 | -38.0% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €15,852 | €37,439 | +€21,587 | +136.2% |
| Amounts receivable within one year | 40/41 | €6,050 | €9,075 | +€3,025 | +50.0% |
| Trade receivables | 40 | €6,050 | €9,075 | +€3,025 | +50.0% |
| Cash at bank and in hand | 54/58 | €9,802 | €27,673 | +€17,871 | +182.3% |
| Deferred charges and accrued income | 490/1 | - | €691 | +€691 | |
| Total equity and liabilities | 10/49 | €27,142 | €47,289 | +€20,147 | +74.2% |
| Equity | 10/15 | €4,523 | €24,536 | +€20,013 | +442.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,523 | €21,536 | +€20,013 | +1314.2% |
| Amounts payable | 17/49 | €22,619 | €22,754 | +€134 | +0.6% |
| Amounts payable within one year | 42/48 | €22,570 | €22,754 | +€184 | +0.8% |
| Trade debts | 44 | €1,623 | €1,446 | -€177 | -10.9% |
| Suppliers | 440/4 | €1,623 | €1,446 | -€177 | -10.9% |
| Taxes, remuneration and social security | 45 | €4,059 | €15,363 | +€11,305 | +278.5% |
| Taxes | 450/3 | €4,059 | €15,363 | +€11,305 | +278.5% |
| Other amounts payable | 47/48 | €16,889 | €5,944 | -€10,944 | -64.8% |
| Accrued charges and deferred income | 492/3 | €49 | €0 | -€49 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529 | €1,440 | +€911 | +172.2% |
| Other operating charges | 640/8 | €543 | €193 | -€350 | -64.5% |
| Gross operating margin | 9900 | €4,706 | €32,127 | +€27,421 | +582.7% |
| Operating profit (loss) | 9901 | €3,634 | €30,495 | +€26,861 | +739.1% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €288 | €677 | +€388 | +134.7% |
| Recurring financial charges | 65 | €288 | €677 | +€388 | +134.7% |
| Profit (loss) for the period before taxes | 9903 | €3,346 | €29,820 | +€26,475 | +791.3% |
| Income taxes | 67/77 | €1,823 | €9,079 | +€7,256 | +398.0% |
| Profit (loss) for the period | 9904 | €1,523 | €20,742 | +€19,219 | +1262.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,523 | €20,742 | +€19,219 | +1262.1% |
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 5 October 2026 via checked.be.