SOPHIA MODA: 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.
SOPHIA MODA
Largest movements
- Current investments +€39,087
up €39,087 (+30.1%), from €130,000 to €169,087
- Tangible fixed assets -€22,777
down €22,777 (-6.2%), from €369,713 to €346,936
of which Land and buildings: -€11,906
- Cash -€9,418
down €9,418 (-16.1%), from €58,335 to €48,917
mainly Current investments (-€39,087) and Debts after one year (-€10,584)
- Reserves +€15,931
up €15,931 (+3.3%), from €475,659 to €491,589
of which Distributable reserves: +€15,931
- Debts after one year -€10,584
down €10,584 (-29.4%), from €35,962 to €25,378
- Gross operating margin -€44,032
down €44,032 (-41.8%), from €105,462 to €61,430
- Depreciation +€2,668
up €2,668 (+13.3%), from €20,109 to €22,777
- Other operating charges -€1,193
down €1,193 (-23.3%), from €5,119 to €3,926
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 | €578,212 | €582,186 | +€3,974 | +0.7% |
| Fixed assets | 21/28 | €369,753 | €346,976 | -€22,777 | -6.2% |
| Tangible fixed assets | 22/27 | €369,713 | €346,936 | -€22,777 | -6.2% |
| Land and buildings | 22 | €323,999 | €312,093 | -€11,906 | -3.7% |
| Furniture and vehicles | 24 | €207 | €40 | -€167 | -80.7% |
| Leasing and similar rights | 25 | €45,507 | €34,803 | -€10,704 | -23.5% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €208,460 | €235,211 | +€26,751 | +12.8% |
| Amounts receivable within one year | 40/41 | €20,124 | €16,579 | -€3,545 | -17.6% |
| Trade receivables | 40 | €3,538 | €0 | -€3,538 | -100% |
| Other amounts receivable | 41 | €16,586 | €16,579 | -€7 | 0.0% |
| Current investments | 50/53 | €130,000 | €169,087 | +€39,087 | +30.1% |
| Cash at bank and in hand | 54/58 | €58,335 | €48,917 | -€9,418 | -16.1% |
| Deferred charges and accrued income | 490/1 | - | €628 | +€628 | |
| Total equity and liabilities | 10/49 | €578,212 | €582,186 | +€3,974 | +0.7% |
| Equity | 10/15 | €494,259 | €510,189 | +€15,931 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €475,659 | €491,589 | +€15,931 | +3.3% |
| Tax-exempt reserves | 132 | €140,583 | €140,583 | = | 0.0% |
| Distributable reserves | 133 | €335,076 | €351,007 | +€15,931 | +4.8% |
| Amounts payable | 17/49 | €83,954 | €71,997 | -€11,957 | -14.2% |
| Amounts payable after more than one year | 17 | €35,962 | €25,378 | -€10,584 | -29.4% |
| Financial debts | 170/4 | €35,962 | €25,378 | -€10,584 | -29.4% |
| Amounts payable within one year | 42/48 | €47,992 | €46,619 | -€1,372 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €11,897 | €11,112 | -€785 | -6.6% |
| Financial debts | 43 | - | €1,258 | +€1,258 | |
| Credit institutions | 430/8 | - | €1,258 | +€1,258 | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €77 | €1,538 | +€1,461 | +1,907% |
| Suppliers | 440/4 | €77 | €1,538 | +€1,461 | +1,907% |
| Taxes, remuneration and social security | 45 | €36,018 | €32,711 | -€3,307 | -9.2% |
| Taxes | 450/3 | €32,879 | €32,711 | -€168 | -0.5% |
| Remuneration and social security | 454/9 | €3,139 | €0 | -€3,139 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €28,358 | - | -€28,358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,109 | €22,777 | +€2,668 | +13.3% |
| Other operating charges | 640/8 | €5,119 | €3,926 | -€1,193 | -23.3% |
| Non-recurring operating charges | 66A | - | €400 | +€400 | |
| Gross operating margin | 9900 | €105,462 | €61,430 | -€44,032 | -41.8% |
| Operating profit (loss) | 9901 | €80,235 | €34,327 | -€45,908 | -57.2% |
| Financial income | 75/76B | €2,289 | €3,341 | +€1,051 | +45.9% |
| Recurring financial income | 75 | €2,289 | €3,341 | +€1,051 | +45.9% |
| Financial charges | 65/66B | €2,854 | €3,649 | +€795 | +27.8% |
| Recurring financial charges | 65 | €2,854 | €3,649 | +€795 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €79,670 | €34,019 | -€45,651 | -57.3% |
| Income taxes | 67/77 | €18,213 | €18,088 | -€125 | -0.7% |
| Profit (loss) for the period | 9904 | €61,456 | €15,931 | -€45,525 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,456 | €15,931 | -€45,525 | -74.1% |
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 14 October 2026 via checked.be.