SOPHELIOS: 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.
SOPHELIOS
Largest movements
- Receivables within one year -€24,920
down €24,920 (-6.0%), from €418,716 to €393,796
of which Other amounts receivable: -€27,453
- Tangible fixed assets -€18,708
down €18,708 (-33.1%), from €56,596 to €37,888
of which Furniture and vehicles: -€18,277
- Deferred charges and accrued income +€18,573
up €18,573 (+19.8%), from €93,932 to €112,505
- Debts after one year -€46,361
down €46,361 (-26.5%), from €174,873 to €128,512
- Other debts +€17,165
up €17,165 (+24.5%), from €69,926 to €87,091
- Short-term financial debts +€8,749
up €8,749, from €0 to €8,749
- Gross operating margin -€5,113
down €5,113 (-4.3%), from €119,107 to €113,994
- Financial income -€3,994
down €3,994 (-15.9%), from €25,143 to €21,150
- Taxes -€2,119
down €2,119 (-8.4%), from €25,189 to €23,070
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 | €633,116 | €613,036 | -€20,080 | -3.2% |
| Fixed assets | 21/28 | €77,596 | €58,888 | -€18,708 | -24.1% |
| Tangible fixed assets | 22/27 | €56,596 | €37,888 | -€18,708 | -33.1% |
| Plant, machinery and equipment | 23 | €2,015 | €1,584 | -€431 | -21.4% |
| Furniture and vehicles | 24 | €54,581 | €36,304 | -€18,277 | -33.5% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €555,520 | €554,148 | -€1,372 | -0.2% |
| Amounts receivable within one year | 40/41 | €418,716 | €393,796 | -€24,920 | -6.0% |
| Trade receivables | 40 | €0 | €2,533 | +€2,533 | |
| Other amounts receivable | 41 | €418,716 | €391,263 | -€27,453 | -6.6% |
| Cash at bank and in hand | 54/58 | €42,872 | €47,847 | +€4,975 | +11.6% |
| Deferred charges and accrued income | 490/1 | €93,932 | €112,505 | +€18,573 | +19.8% |
| Total equity and liabilities | 10/49 | €633,116 | €613,036 | -€20,080 | -3.2% |
| Equity | 10/15 | €378,143 | €378,074 | -€69 | 0.0% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €378,143 | €378,074 | -€69 | 0.0% |
| Tax-exempt reserves | 132 | €21,142 | €21,142 | = | 0.0% |
| Distributable reserves | 133 | €357,001 | €356,932 | -€69 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €254,973 | €234,962 | -€20,011 | -7.8% |
| Amounts payable after more than one year | 17 | €174,873 | €128,512 | -€46,361 | -26.5% |
| Financial debts | 170/4 | €174,873 | €128,512 | -€46,361 | -26.5% |
| Amounts payable within one year | 42/48 | €80,100 | €106,451 | +€26,351 | +32.9% |
| Current portion of amounts payable after more than one year | 42 | €9,983 | €10,419 | +€436 | +4.4% |
| Financial debts | 43 | €0 | €8,749 | +€8,749 | |
| Credit institutions | 430/8 | €0 | €8,749 | +€8,749 | |
| Trade debts | 44 | €192 | €154 | -€38 | -19.6% |
| Suppliers | 440/4 | €192 | €154 | -€38 | -19.6% |
| Taxes, remuneration and social security | 45 | €0 | €37 | +€37 | |
| Taxes | 450/3 | €0 | €37 | +€37 | |
| Other amounts payable | 47/48 | €69,926 | €87,091 | +€17,165 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,418 | €18,708 | +€290 | +1.6% |
| Other operating charges | 640/8 | €590 | €608 | +€18 | +3.0% |
| Gross operating margin | 9900 | €119,107 | €113,994 | -€5,113 | -4.3% |
| Operating profit (loss) | 9901 | €100,099 | €94,678 | -€5,421 | -5.4% |
| Financial income | 75/76B | €25,143 | €21,150 | -€3,994 | -15.9% |
| Recurring financial income | 75 | €25,143 | €21,150 | -€3,994 | -15.9% |
| Financial charges | 65/66B | €6,320 | €5,736 | -€584 | -9.2% |
| Recurring financial charges | 65 | €6,320 | €5,736 | -€584 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €118,922 | €110,091 | -€8,831 | -7.4% |
| Income taxes | 67/77 | €25,189 | €23,070 | -€2,119 | -8.4% |
| Profit (loss) for the period | 9904 | €93,733 | €87,022 | -€6,712 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €93,733 | €87,022 | -€6,712 | -7.2% |
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 20 October 2026 via checked.be.