SOPALEX: 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.
SOPALEX
Largest movements
- Tangible fixed assets +€47,317
up €47,317 (+725.2%), from €6,525 to €53,842
- Cash +€12,577
up €12,577 (+14.1%), from €89,233 to €101,810
mainly Net result for the year (+€75,790) and Other debts (+€54,730)
- Receivables within one year -€9,417
down €9,417 (-72.2%), from €13,036 to €3,619
of which Trade receivables: -€11,443
- Deferred charges and accrued income +€2,729
up €2,729 (+26543.7%), from €10 to €2,739
- Other debts +€54,730
up €54,730 (+106.6%), from €51,338 to €106,068
- Tax, wage and social debts -€4,176
down €4,176 (-28.8%), from €14,522 to €10,346
- Trade debts +€1,862
up €1,862 (+114.2%), from €1,630 to €3,492
- Gross operating margin +€36,712
up €36,712 (+52.5%), from €69,909 to €106,621
- Taxes +€6,121
up €6,121 (+42.5%), from €14,412 to €20,533
- Depreciation +€5,199
up €5,199 (+247.3%), from €2,102 to €7,301
- Financial charges +€1,743
up €1,743 (+751.2%), from €232 to €1,975
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 | €108,803 | €162,009 | +€53,206 | +48.9% |
| Fixed assets | 21/28 | €6,525 | €53,842 | +€47,317 | +725.2% |
| Tangible fixed assets | 22/27 | €6,525 | €53,842 | +€47,317 | +725.2% |
| Furniture and vehicles | 24 | €6,525 | €53,842 | +€47,317 | +725.2% |
| Current assets | 29/58 | €102,279 | €108,168 | +€5,889 | +5.8% |
| Amounts receivable within one year | 40/41 | €13,036 | €3,619 | -€9,417 | -72.2% |
| Trade receivables | 40 | €11,443 | - | -€11,443 | |
| Other amounts receivable | 41 | €1,593 | €3,619 | +€2,026 | +127.2% |
| Cash at bank and in hand | 54/58 | €89,233 | €101,810 | +€12,577 | +14.1% |
| Deferred charges and accrued income | 490/1 | €10 | €2,739 | +€2,729 | +26543.7% |
| Total equity and liabilities | 10/49 | €108,803 | €162,009 | +€53,206 | +48.9% |
| Equity | 10/15 | €41,313 | €42,103 | +€790 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,267 | €20,267 | = | 0.0% |
| Distributable reserves | 133 | €20,267 | €20,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,446 | €3,236 | +€790 | +32.3% |
| Amounts payable | 17/49 | €67,490 | €119,906 | +€52,416 | +77.7% |
| Amounts payable within one year | 42/48 | €67,490 | €119,906 | +€52,416 | +77.7% |
| Trade debts | 44 | €1,630 | €3,492 | +€1,862 | +114.2% |
| Suppliers | 440/4 | €1,630 | €3,492 | +€1,862 | +114.2% |
| Taxes, remuneration and social security | 45 | €14,522 | €10,346 | -€4,176 | -28.8% |
| Taxes | 450/3 | €14,522 | €10,346 | -€4,176 | -28.8% |
| Other amounts payable | 47/48 | €51,338 | €106,068 | +€54,730 | +106.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,102 | €7,301 | +€5,199 | +247.3% |
| Other operating charges | 640/8 | €1,078 | €1,023 | -€55 | -5.1% |
| Gross operating margin | 9900 | €69,909 | €106,621 | +€36,712 | +52.5% |
| Operating profit (loss) | 9901 | €66,729 | €98,297 | +€31,568 | +47.3% |
| Financial charges | 65/66B | €232 | €1,975 | +€1,743 | +751.2% |
| Recurring financial charges | 65 | €232 | €1,975 | +€1,743 | +751.2% |
| Profit (loss) for the period before taxes | 9903 | €66,497 | €96,322 | +€29,826 | +44.9% |
| Income taxes | 67/77 | €14,412 | €20,533 | +€6,121 | +42.5% |
| Profit (loss) for the period | 9904 | €52,085 | €75,790 | +€23,705 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,085 | €75,790 | +€23,705 | +45.5% |
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 7 October 2026 via checked.be.