SOPHALEX: 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.
SOPHALEX
Largest movements
- Current investments +€1.1m
up €1.1m (+122%), from €875,635 to €1.9m
- Reserves +€1.0m
up €1.0m (+42.3%), from €2.4m to €3.4m
of which Distributable reserves: +€1.0m
- Tax, wage and social debts +€66,586
up €66,586 (+206%), from €32,248 to €98,834
of which Taxes: +€66,586
- Financial income +€824,944
up €824,944 (+6,513%), from €12,667 to €837,611
- Taxes +€75,667
up €75,667 (+83.7%), from €90,417 to €166,083
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.
Derived cash bridge
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 | €3,411,046 | €4,513,071 | +€1.1m | +32.3% |
| Fixed assets | 21/28 | €2,329,510 | €2,329,510 | = | 0.0% |
| Tangible fixed assets | 22/27 | €17,698 | €17,698 | = | 0.0% |
| Land and buildings | 22 | €17,698 | €17,698 | = | 0.0% |
| Financial fixed assets | 28 | €2,311,812 | €2,311,812 | = | 0.0% |
| Current assets | 29/58 | €1,081,536 | €2,183,561 | +€1.1m | +102% |
| Amounts receivable within one year | 40/41 | €5,969 | €10,863 | +€4,893 | +82.0% |
| Other amounts receivable | 41 | €5,969 | €10,863 | +€4,893 | +82.0% |
| Current investments | 50/53 | €875,635 | €1,945,383 | +€1.1m | +122% |
| Cash at bank and in hand | 54/58 | €181,254 | €201,819 | +€20,565 | +11.3% |
| Deferred charges and accrued income | 490/1 | €18,678 | €25,496 | +€6,818 | +36.5% |
| Total equity and liabilities | 10/49 | €3,411,046 | €4,513,071 | +€1.1m | +32.3% |
| Equity | 10/15 | €3,043,859 | €4,068,892 | +€1.0m | +33.7% |
| Contributions | 10/11 | €620,000 | €620,000 | = | 0.0% |
| Reserves | 13 | €2,423,859 | €3,448,892 | +€1.0m | +42.3% |
| Tax-exempt reserves | 132 | €378,900 | €376,517 | -€2,383 | -0.6% |
| Distributable reserves | 133 | €2,044,959 | €3,072,375 | +€1.0m | +50.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €367,188 | €444,179 | +€76,991 | +21.0% |
| Amounts payable within one year | 42/48 | €367,188 | €422,135 | +€54,947 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €335 | €1,694 | +€1,359 | +406% |
| Suppliers | 440/4 | €335 | €1,694 | +€1,359 | +406% |
| Taxes, remuneration and social security | 45 | €32,248 | €98,834 | +€66,586 | +206% |
| Taxes | 450/3 | €32,248 | €98,834 | +€66,586 | +206% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €334,605 | €321,607 | -€12,998 | -3.9% |
| Accrued charges and deferred income | 492/3 | - | €22,044 | +€22,044 | |
| Other operating charges | 640/8 | €1,075 | €544 | -€531 | -49.4% |
| Gross operating margin | 9900 | €379,646 | €378,297 | -€1,349 | -0.4% |
| Operating profit (loss) | 9901 | €378,570 | €377,753 | -€818 | -0.2% |
| Financial income | 75/76B | €12,667 | €837,611 | +€824,944 | +6,513% |
| Recurring financial income | 75 | €12,667 | €837,611 | +€824,944 | +6,513% |
| Financial charges | 65/66B | €23,647 | €24,247 | +€600 | +2.5% |
| Recurring financial charges | 65 | €23,647 | €24,247 | +€600 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €367,590 | €1,191,117 | +€823,526 | +224% |
| Income taxes | 67/77 | €90,417 | €166,083 | +€75,667 | +83.7% |
| Profit (loss) for the period | 9904 | €277,174 | €1,025,033 | +€747,860 | +270% |
| Transfer from tax-exempt reserves | 789 | - | €65,533 | +€65,533 | |
| Transfer to tax-exempt reserves | 689 | €63,150 | €63,150 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €214,024 | €1,027,416 | +€813,393 | +380% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.