SOPARGEST: 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.
SOPARGEST
Largest movements
- Tangible fixed assets -€229,213
down €229,213 (-6.4%), from €3.6m to €3.4m
of which Land and buildings: -€176,713
- Cash +€77,447
up €77,447 (+15.8%), from €490,725 to €568,172
mainly Depreciation (+€235,151) and Other debts (+€154,117)
- Debts after one year -€347,944
down €347,944 (-8.6%), from €4.0m to €3.7m
of which Financial debts: -€347,824
- Other debts +€154,117
up €154,117 (+67.8%), from €227,157 to €381,275
- Profit (loss) carried forward +€99,946
up €99,946 (+6.8%), from €1.5m to €1.6m
- Gross operating margin -€117,191
down €117,191 (-17.2%), from €680,113 to €562,922
- Write-downs -€40,000
new in 2025: -€40,000
- Other operating charges +€29,778
up €29,778 (+92.8%), from €32,087 to €61,865
- Taxes -€25,434
down €25,434 (-34.3%), from €74,159 to €48,725
- Depreciation -€12,351
down €12,351 (-5.0%), from €247,501 to €235,151
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 | €6,732,601 | €6,590,300 | -€142,301 | -2.1% |
| Fixed assets | 21/28 | €5,269,958 | €5,035,657 | -€234,301 | -4.4% |
| Intangible fixed assets | 21 | €5,087 | - | -€5,087 | |
| Tangible fixed assets | 22/27 | €3,601,571 | €3,372,357 | -€229,213 | -6.4% |
| Land and buildings | 22 | €3,434,643 | €3,257,930 | -€176,713 | -5.1% |
| Furniture and vehicles | 24 | €148,065 | €114,427 | -€33,638 | -22.7% |
| Assets under construction and advance payments | 27 | €18,862 | - | -€18,862 | |
| Financial fixed assets | 28 | €1,663,300 | €1,663,300 | = | 0.0% |
| Current assets | 29/58 | €1,462,643 | €1,554,643 | +€92,000 | +6.3% |
| Amounts receivable within one year | 40/41 | €955,108 | €969,350 | +€14,242 | +1.5% |
| Trade receivables | 40 | €200,794 | €119,817 | -€80,977 | -40.3% |
| Other amounts receivable | 41 | €754,314 | €849,533 | +€95,219 | +12.6% |
| Cash at bank and in hand | 54/58 | €490,725 | €568,172 | +€77,447 | +15.8% |
| Deferred charges and accrued income | 490/1 | €16,811 | €17,121 | +€311 | +1.8% |
| Total equity and liabilities | 10/49 | €6,732,601 | €6,590,300 | -€142,301 | -2.1% |
| Equity | 10/15 | €1,945,852 | €2,045,798 | +€99,946 | +5.1% |
| Contributions | 10/11 | €467,320 | €467,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,478,532 | €1,578,478 | +€99,946 | +6.8% |
| Amounts payable | 17/49 | €4,786,749 | €4,544,502 | -€242,247 | -5.1% |
| Amounts payable after more than one year | 17 | €4,033,370 | €3,685,426 | -€347,944 | -8.6% |
| Financial debts | 170/4 | €4,030,740 | €3,682,916 | -€347,824 | -8.6% |
| Other amounts payable | 178/9 | €2,630 | €2,510 | -€120 | -4.6% |
| Amounts payable within one year | 42/48 | €712,902 | €806,112 | +€93,210 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €334,472 | €317,824 | -€16,648 | -5.0% |
| Trade debts | 44 | €59,671 | €24,929 | -€34,742 | -58.2% |
| Suppliers | 440/4 | €59,671 | €24,929 | -€34,742 | -58.2% |
| Taxes, remuneration and social security | 45 | €91,602 | €82,085 | -€9,517 | -10.4% |
| Taxes | 450/3 | €91,602 | €82,085 | -€9,517 | -10.4% |
| Other amounts payable | 47/48 | €227,157 | €381,275 | +€154,117 | +67.8% |
| Accrued charges and deferred income | 492/3 | €40,478 | €52,964 | +€12,487 | +30.8% |
| Non-recurring operating income | 76A | €13,348 | - | -€13,348 | |
| Remuneration, social security and pensions | 62 | €11,535 | - | -€11,535 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247,501 | €235,151 | -€12,351 | -5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€40,000 | -€40,000 | |
| Other operating charges | 640/8 | €32,087 | €61,865 | +€29,778 | +92.8% |
| Gross operating margin | 9900 | €680,113 | €562,922 | -€117,191 | -17.2% |
| Operating profit (loss) | 9901 | €388,990 | €305,907 | -€83,084 | -21.4% |
| Financial income | 75/76B | €33 | €4,328 | +€4,295 | +13114.1% |
| Recurring financial income | 75 | €33 | €4,328 | +€4,295 | +13114.1% |
| Financial charges | 65/66B | €167,249 | €161,563 | -€5,686 | -3.4% |
| Recurring financial charges | 65 | €167,249 | €161,563 | -€5,686 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €221,774 | €148,671 | -€73,103 | -33.0% |
| Income taxes | 67/77 | €74,159 | €48,725 | -€25,434 | -34.3% |
| Profit (loss) for the period | 9904 | €147,615 | €99,946 | -€47,669 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €147,615 | €99,946 | -€47,669 | -32.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.