SOPARMO: 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.
SOPARMO
Largest movements
- Receivables within one year +€57,784
up €57,784 (+2311.4%), from €2,500 to €60,284
- Tangible fixed assets -€55,584
down €55,584 (-6.1%), from €908,030 to €852,447
of which Land and buildings: -€51,554
- Other debts +€80,085
up €80,085 (+57.2%), from €139,915 to €220,000
- Reserves -€54,000
down €54,000 (-18.4%), from €293,300 to €239,300
of which Distributable reserves: -€54,000
- Current portion of long-term debt -€16,430
down €16,430 (-54.9%), from €29,916 to €13,486
- Debts after one year -€12,458
down €12,458 (-16.5%), from €75,593 to €63,134
- Gross operating margin +€18,355
up €18,355 (+9.1%), from €202,763 to €221,118
- Depreciation -€13,976
down €13,976 (-21.0%), from €66,400 to €52,424
- Taxes +€10,089
up €10,089 (+25.3%), from €39,825 to €49,914
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 | €985,361 | €993,332 | +€7,971 | +0.8% |
| Fixed assets | 21/28 | €908,070 | €852,486 | -€55,584 | -6.1% |
| Tangible fixed assets | 22/27 | €908,030 | €852,447 | -€55,584 | -6.1% |
| Land and buildings | 22 | €884,316 | €832,762 | -€51,554 | -5.8% |
| Plant, machinery and equipment | 23 | €22,301 | €19,685 | -€2,616 | -11.7% |
| Furniture and vehicles | 24 | €1,413 | - | -€1,413 | |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €77,292 | €140,846 | +€63,554 | +82.2% |
| Amounts receivable within one year | 40/41 | €2,500 | €60,284 | +€57,784 | +2311.4% |
| Other amounts receivable | 41 | €2,500 | €60,284 | +€57,784 | +2311.4% |
| Cash at bank and in hand | 54/58 | €72,177 | €80,380 | +€8,202 | +11.4% |
| Deferred charges and accrued income | 490/1 | €2,614 | €182 | -€2,432 | -93.0% |
| Total equity and liabilities | 10/49 | €985,361 | €993,332 | +€7,971 | +0.8% |
| Equity | 10/15 | €722,378 | €669,172 | -€53,207 | -7.4% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €293,300 | €239,300 | -€54,000 | -18.4% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €287,000 | €233,000 | -€54,000 | -18.8% |
| Profit (loss) carried forward | 14 | €366,078 | €366,872 | +€793 | +0.2% |
| Amounts payable | 17/49 | €262,983 | €324,160 | +€61,177 | +23.3% |
| Amounts payable after more than one year | 17 | €75,593 | €63,134 | -€12,458 | -16.5% |
| Financial debts | 170/4 | €75,593 | €63,134 | -€12,458 | -16.5% |
| Amounts payable within one year | 42/48 | €182,215 | €255,851 | +€73,636 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €29,916 | €13,486 | -€16,430 | -54.9% |
| Trade debts | 44 | €1,570 | €2,950 | +€1,380 | +87.9% |
| Suppliers | 440/4 | €1,570 | €2,950 | +€1,380 | +87.9% |
| Taxes, remuneration and social security | 45 | €10,814 | €19,414 | +€8,600 | +79.5% |
| Taxes | 450/3 | €7,700 | €16,300 | +€8,600 | +111.7% |
| Remuneration and social security | 454/9 | €3,114 | €3,114 | = | 0.0% |
| Other amounts payable | 47/48 | €139,915 | €220,000 | +€80,085 | +57.2% |
| Accrued charges and deferred income | 492/3 | €5,175 | €5,175 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,400 | €52,424 | -€13,976 | -21.0% |
| Other operating charges | 640/8 | €12,775 | €14,660 | +€1,885 | +14.8% |
| Gross operating margin | 9900 | €202,763 | €221,118 | +€18,355 | +9.1% |
| Operating profit (loss) | 9901 | €123,588 | €154,034 | +€30,446 | +24.6% |
| Financial income | 75/76B | €1,604 | - | -€1,604 | |
| Recurring financial income | 75 | €1,604 | - | -€1,604 | |
| Financial charges | 65/66B | €7,504 | €7,327 | -€178 | -2.4% |
| Recurring financial charges | 65 | €7,504 | €7,327 | -€178 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €117,688 | €146,707 | +€29,019 | +24.7% |
| Income taxes | 67/77 | €39,825 | €49,914 | +€10,089 | +25.3% |
| Profit (loss) for the period | 9904 | €77,864 | €96,793 | +€18,930 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,864 | €96,793 | +€18,930 | +24.3% |
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 4 October 2026 via checked.be.