SOPHEM: 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.
SOPHEM
Largest movements
- Tangible fixed assets -€218,282
down €218,282 (-85.9%), from €254,014 to €35,732
of which Land and buildings: -€208,472
- Other debts -€322,246
down €322,246 (-74.5%), from €432,602 to €110,356
- Profit (loss) carried forward +€187,413
up €187,413 (+58.0%), from -€323,017 to -€135,604
- Debts after one year -€58,913
no longer reported in 2024 (was €58,913)
- Current portion of long-term debt -€25,503
no longer reported in 2024 (was €25,503)
- Turnover -€20,982
no longer reported in 2024 (was €20,982)
- Gross operating margin -€12,502
no longer reported in 2024 (was €12,502)
- Depreciation -€9,773
no longer reported in 2024 (was €9,773)
- Financial charges -€5,828
no longer reported in 2024 (was €5,828)
- Other operating charges -€3,015
no longer reported in 2024 (was €3,015)
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,001 | €36,752 | -€219,249 | -85.6% |
| Fixed assets | 21/28 | €254,188 | €35,906 | -€218,282 | -85.9% |
| Tangible fixed assets | 22/27 | €254,014 | €35,732 | -€218,282 | -85.9% |
| Land and buildings | 22 | €244,204 | €35,732 | -€208,472 | -85.4% |
| Plant, machinery and equipment | 23 | €2,129 | - | -€2,129 | |
| Furniture and vehicles | 24 | €7,681 | - | -€7,681 | |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €1,813 | €846 | -€967 | -53.3% |
| Cash at bank and in hand | 54/58 | €1,813 | €846 | -€967 | -53.3% |
| Total equity and liabilities | 10/49 | €256,001 | €36,752 | -€219,249 | -85.6% |
| Equity | 10/15 | -€261,017 | -€73,604 | +€187,413 | +71.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€323,017 | -€135,604 | +€187,413 | +58.0% |
| Amounts payable | 17/49 | €517,018 | €110,356 | -€406,662 | -78.7% |
| Amounts payable after more than one year | 17 | €58,913 | - | -€58,913 | |
| Financial debts | 170/4 | €58,913 | - | -€58,913 | |
| Amounts payable within one year | 42/48 | €458,105 | €110,356 | -€347,749 | -75.9% |
| Current portion of amounts payable after more than one year | 42 | €25,503 | - | -€25,503 | |
| Other amounts payable | 47/48 | €432,602 | €110,356 | -€322,246 | -74.5% |
| Turnover | 70 | €20,982 | - | -€20,982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,773 | - | -€9,773 | |
| Other operating charges | 640/8 | €3,015 | - | -€3,015 | |
| Gross operating margin | 9900 | €12,502 | - | -€12,502 | |
| Operating profit (loss) | 9901 | -€286 | - | +€286 | |
| Financial charges | 65/66B | €5,828 | - | -€5,828 | |
| Recurring financial charges | 65 | €5,828 | - | -€5,828 | |
| Profit (loss) for the period before taxes | 9903 | -€6,114 | - | +€6,114 | |
| Profit (loss) for the period | 9904 | -€6,114 | - | +€6,114 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,114 | - | +€6,114 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.