SOPHIART: 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.
SOPHIART
Largest movements
- Receivables within one year +€18,098
up €18,098 (+195%), from €9,268 to €27,366
of which Trade receivables: +€21,081
- Cash -€2,607
down €2,607 (-65.5%), from €3,980 to €1,374
mainly Net result for the year (-€35,344) and Receivables within one year (-€18,098)
- Tangible fixed assets -€1,787
down €1,787 (-2.4%), from €73,119 to €71,332
of which Land and buildings: -€10,530
- Other debts +€74,001
up €74,001 (+232%), from €31,866 to €105,867
- Profit (loss) carried forward -€35,344
down €35,344 (-72.8%), from -€48,550 to -€83,894
- Short-term financial debts -€12,188
down €12,188 (-61.1%), from €19,953 to €7,765
- Debts after one year -€11,087
down €11,087 (-25.8%), from €43,049 to €31,962
- Trade debts -€6,329
down €6,329 (-45.6%), from €13,883 to €7,554
- Gross operating margin +€34,951
up €34,951 (+85.4%), from -€40,931 to -€5,980
- Other operating charges +€4,173
up €4,173 (+343%), from €1,217 to €5,389
- Financial charges +€1,236
up €1,236 (+34.5%), from €3,579 to €4,815
- Depreciation -€1,110
down €1,110 (-5.7%), from €19,486 to €18,376
- Taxes +€595
new in 2024: €595
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,081 | €109,689 | +€12,608 | +13.0% |
| Fixed assets | 21/28 | €81,757 | €79,970 | -€1,787 | -2.2% |
| Intangible fixed assets | 21 | €2,750 | €2,750 | = | 0.0% |
| Tangible fixed assets | 22/27 | €73,119 | €71,332 | -€1,787 | -2.4% |
| Land and buildings | 22 | €65,824 | €55,293 | -€10,530 | -16.0% |
| Furniture and vehicles | 24 | €7,296 | €16,039 | +€8,743 | +120% |
| Financial fixed assets | 28 | €5,888 | €5,888 | = | 0.0% |
| Current assets | 29/58 | €15,324 | €29,719 | +€14,395 | +93.9% |
| Amounts receivable within one year | 40/41 | €9,268 | €27,366 | +€18,098 | +195% |
| Trade receivables | 40 | €5,434 | €26,515 | +€21,081 | +388% |
| Other amounts receivable | 41 | €3,834 | €851 | -€2,984 | -77.8% |
| Cash at bank and in hand | 54/58 | €3,980 | €1,374 | -€2,607 | -65.5% |
| Deferred charges and accrued income | 490/1 | €2,076 | €980 | -€1,096 | -52.8% |
| Total equity and liabilities | 10/49 | €97,081 | €109,689 | +€12,608 | +13.0% |
| Equity | 10/15 | -€26,550 | -€61,894 | -€35,344 | -133% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,550 | -€83,894 | -€35,344 | -72.8% |
| Amounts payable | 17/49 | €123,631 | €171,583 | +€47,952 | +38.8% |
| Amounts payable after more than one year | 17 | €43,049 | €31,962 | -€11,087 | -25.8% |
| Financial debts | 170/4 | €43,049 | €31,962 | -€11,087 | -25.8% |
| Amounts payable within one year | 42/48 | €80,582 | €139,621 | +€59,039 | +73.3% |
| Current portion of amounts payable after more than one year | 42 | €10,903 | €11,087 | +€184 | +1.7% |
| Financial debts | 43 | €19,953 | €7,765 | -€12,188 | -61.1% |
| Credit institutions | 430/8 | €19,953 | €7,765 | -€12,188 | -61.1% |
| Trade debts | 44 | €13,883 | €7,554 | -€6,329 | -45.6% |
| Suppliers | 440/4 | €13,883 | €7,554 | -€6,329 | -45.6% |
| Taxes, remuneration and social security | 45 | €3,976 | €7,348 | +€3,371 | +84.8% |
| Taxes | 450/3 | €3,976 | €7,348 | +€3,371 | +84.8% |
| Other amounts payable | 47/48 | €31,866 | €105,867 | +€74,001 | +232% |
| Remuneration, social security and pensions | 62 | €78 | €192 | +€115 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,486 | €18,376 | -€1,110 | -5.7% |
| Other operating charges | 640/8 | €1,217 | €5,389 | +€4,173 | +343% |
| Gross operating margin | 9900 | -€40,931 | -€5,980 | +€34,951 | +85.4% |
| Operating profit (loss) | 9901 | -€61,711 | -€29,938 | +€31,773 | +51.5% |
| Financial income | 75/76B | €186 | €5 | -€181 | -97.2% |
| Recurring financial income | 75 | €186 | €5 | -€181 | -97.2% |
| Financial charges | 65/66B | €3,579 | €4,815 | +€1,236 | +34.5% |
| Recurring financial charges | 65 | €3,579 | €4,815 | +€1,236 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | -€65,105 | -€34,748 | +€30,356 | +46.6% |
| Income taxes | 67/77 | - | €595 | +€595 | |
| Profit (loss) for the period | 9904 | -€65,105 | -€35,344 | +€29,761 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,105 | -€35,344 | +€29,761 | +45.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.