SOPARCO: 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.
SOPARCO
Largest movements
- Tangible fixed assets -€19,104
down €19,104 (-25.4%), from €75,065 to €55,961
- Receivables within one year -€7,128
down €7,128 (-13.8%), from €51,686 to €44,559
of which Trade receivables: -€11,015
- Cash -€2,241
down €2,241 (-20.8%), from €10,756 to €8,515
mainly Contributions, distributions and other (-€65,000) and Other debts (-€14,800)
- Deferred charges and accrued income +€1,694
up €1,694 (+117.3%), from €1,445 to €3,139
- Other debts -€14,800
down €14,800 (-21.6%), from €68,517 to €53,717
- Debts after one year -€12,141
down €12,141 (-36.3%), from €33,484 to €21,343
- Gross operating margin -€2,179
down €2,179 (-2.0%), from €108,587 to €106,408
- Financial income -€1,119
down €1,119 (-100.0%), from €1,119 to €0
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 | €139,982 | €113,204 | -€26,779 | -19.1% |
| Fixed assets | 21/28 | €76,095 | €56,991 | -€19,104 | -25.1% |
| Tangible fixed assets | 22/27 | €75,065 | €55,961 | -€19,104 | -25.4% |
| Furniture and vehicles | 24 | €75,065 | €55,961 | -€19,104 | -25.4% |
| Financial fixed assets | 28 | €1,030 | €1,030 | = | 0.0% |
| Current assets | 29/58 | €63,887 | €56,213 | -€7,675 | -12.0% |
| Amounts receivable within one year | 40/41 | €51,686 | €44,559 | -€7,128 | -13.8% |
| Trade receivables | 40 | €50,985 | €39,970 | -€11,015 | -21.6% |
| Other amounts receivable | 41 | €702 | €4,589 | +€3,887 | +554.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,756 | €8,515 | -€2,241 | -20.8% |
| Deferred charges and accrued income | 490/1 | €1,445 | €3,139 | +€1,694 | +117.3% |
| Total equity and liabilities | 10/49 | €139,982 | €113,204 | -€26,779 | -19.1% |
| Equity | 10/15 | €20,000 | €20,037 | +€37 | +0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €37 | +€37 | |
| Amounts payable | 17/49 | €119,982 | €93,167 | -€26,815 | -22.3% |
| Amounts payable after more than one year | 17 | €33,484 | €21,343 | -€12,141 | -36.3% |
| Financial debts | 170/4 | €33,484 | €21,343 | -€12,141 | -36.3% |
| Amounts payable within one year | 42/48 | €86,498 | €71,824 | -€14,674 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €11,667 | €12,141 | +€475 | +4.1% |
| Trade debts | 44 | €6,314 | €5,965 | -€349 | -5.5% |
| Suppliers | 440/4 | €6,314 | €5,965 | -€349 | -5.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €68,517 | €53,717 | -€14,800 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,260 | €20,913 | +€653 | +3.2% |
| Other operating charges | 640/8 | €1,479 | €1,433 | -€46 | -3.1% |
| Gross operating margin | 9900 | €108,587 | €106,408 | -€2,179 | -2.0% |
| Operating profit (loss) | 9901 | €86,847 | €84,062 | -€2,786 | -3.2% |
| Financial income | 75/76B | €1,119 | €0 | -€1,119 | -100.0% |
| Recurring financial income | 75 | €1,119 | €0 | -€1,119 | -100.0% |
| Financial charges | 65/66B | €2,218 | €1,758 | -€460 | -20.7% |
| Recurring financial charges | 65 | €2,218 | €1,758 | -€460 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €85,748 | €82,303 | -€3,445 | -4.0% |
| Income taxes | 67/77 | €18,004 | €17,267 | -€737 | -4.1% |
| Profit (loss) for the period | 9904 | €67,745 | €65,037 | -€2,708 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,745 | €65,037 | -€2,708 | -4.0% |
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 12 October 2026 via checked.be.