SOPARFIN: 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.
SOPARFIN
Largest movements
- Cash -€201,765
down €201,765 (-84.8%), from €237,888 to €36,124
mainly Other debts (-€326,219) and Receivables within one year (-€125,512)
- Receivables within one year +€125,512
up €125,512 (+136.1%), from €92,222 to €217,734
of which Trade receivables: +€123,606
- Other debts -€326,219
down €326,219 (-11.7%), from €2.8m to €2.5m
- Profit (loss) carried forward +€292,414
up €292,414 (+4.1%), from -€7.2m to -€6.9m
- Financial income +€544,037
new in 2025: €544,037
of which Financial income: +€433,162
- Other operating charges +€99,237
up €99,237 (+193.6%), from €51,257 to €150,494
- Gross operating margin -€23,343
down €23,343 (-12.8%), from €181,976 to €158,634
- Financial charges -€4,227
down €4,227 (-11.1%), from €38,092 to €33,864
- Depreciation -€2,769
down €2,769 (-5.2%), from €52,816 to €50,047
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 | €3,707,087 | €3,657,072 | -€50,015 | -1.3% |
| Fixed assets | 21/28 | €3,373,403 | €3,397,467 | +€24,064 | +0.7% |
| Tangible fixed assets | 22/27 | €648,387 | €672,451 | +€24,064 | +3.7% |
| Land and buildings | 22 | €595,461 | €631,064 | +€35,603 | +6.0% |
| Plant, machinery and equipment | 23 | €6,988 | €4,601 | -€2,388 | -34.2% |
| Furniture and vehicles | 24 | €45,938 | €36,786 | -€9,152 | -19.9% |
| Financial fixed assets | 28 | €2,725,015 | €2,725,015 | = | 0.0% |
| Current assets | 29/58 | €333,684 | €259,605 | -€74,079 | -22.2% |
| Amounts receivable within one year | 40/41 | €92,222 | €217,734 | +€125,512 | +136.1% |
| Trade receivables | 40 | €92,120 | €215,726 | +€123,606 | +134.2% |
| Other amounts receivable | 41 | €102 | €2,007 | +€1,905 | +1867.4% |
| Cash at bank and in hand | 54/58 | €237,888 | €36,124 | -€201,765 | -84.8% |
| Deferred charges and accrued income | 490/1 | €3,574 | €5,748 | +€2,174 | +60.8% |
| Total equity and liabilities | 10/49 | €3,707,087 | €3,657,072 | -€50,015 | -1.3% |
| Equity | 10/15 | -€156,504 | €135,910 | +€292,414 | |
| Contributions | 10/11 | €7,000,000 | €7,000,000 | = | 0.0% |
| Capital | 10 | €7,000,000 | €7,000,000 | = | 0.0% |
| Issued capital | 100 | €7,000,000 | €7,000,000 | = | 0.0% |
| Reserves | 13 | €3,158 | €3,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,158 | €3,158 | = | 0.0% |
| Legal reserve | 130 | €3,158 | €3,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,159,662 | -€6,867,248 | +€292,414 | +4.1% |
| Amounts payable | 17/49 | €3,863,591 | €3,521,161 | -€342,429 | -8.9% |
| Amounts payable after more than one year | 17 | €1,050,000 | €1,050,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,050,000 | €1,050,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,813,591 | €2,471,161 | -€342,429 | -12.2% |
| Trade debts | 44 | €22,494 | €8,112 | -€14,381 | -63.9% |
| Suppliers | 440/4 | €22,494 | €8,112 | -€14,381 | -63.9% |
| Taxes, remuneration and social security | 45 | €10,436 | €8,607 | -€1,829 | -17.5% |
| Taxes | 450/3 | €4,423 | €252 | -€4,170 | -94.3% |
| Remuneration and social security | 454/9 | €6,014 | €8,355 | +€2,341 | +38.9% |
| Other amounts payable | 47/48 | €2,780,661 | €2,454,442 | -€326,219 | -11.7% |
| Remuneration, social security and pensions | 62 | €66,807 | €66,409 | -€398 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,816 | €50,047 | -€2,769 | -5.2% |
| Other operating charges | 640/8 | €51,257 | €150,494 | +€99,237 | +193.6% |
| Non-recurring operating charges | 66A | - | €110,875 | +€110,875 | |
| Gross operating margin | 9900 | €181,976 | €158,634 | -€23,343 | -12.8% |
| Operating profit (loss) | 9901 | €11,096 | -€219,191 | -€230,287 | |
| Financial income | 75/76B | - | €544,037 | +€544,037 | |
| Recurring financial income | 75 | - | €433,162 | +€433,162 | |
| Non-recurring financial income | 76B | - | €110,875 | +€110,875 | |
| Financial charges | 65/66B | €38,092 | €33,864 | -€4,227 | -11.1% |
| Recurring financial charges | 65 | €38,092 | €33,864 | -€4,227 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,995 | €290,982 | +€317,977 | |
| Income taxes | 67/77 | €218 | €223 | +€6 | +2.5% |
| Profit (loss) for the period | 9904 | -€27,213 | €290,758 | +€317,971 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,213 | €290,758 | +€317,971 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.