SOPHIDECO: 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.
SOPHIDECO
Largest movements
- Receivables within one year +€25,000
new in 2025: €25,000
- Cash -€23,274
down €23,274 (-60.2%), from €38,664 to €15,390
mainly Receivables within one year (-€25,000) and Debts after one year (-€18,167)
- Tangible fixed assets -€17,761
down €17,761 (-4.6%), from €385,121 to €367,359
- Profit (loss) carried forward +€25,325
up €25,325 (+51.1%), from -€49,584 to -€24,259
- Debts after one year -€18,167
down €18,167 (-8.1%), from €224,697 to €206,530
of which Other amounts payable: -€11,412
- Other debts -€10,458
down €10,458 (-29.6%), from €35,323 to €24,866
- Tax, wage and social debts -€8,431
down €8,431 (-93.4%), from €9,025 to €594
- Gross operating margin -€90,134
down €90,134, from €86,759 to -€3,375
- Financial income +€50,000
new in 2025: €50,000
- Depreciation +€10,628
up €10,628 (+149.0%), from €7,134 to €17,761
- Financial charges +€3,110
up €3,110 (+59.8%), from €5,204 to €8,314
- Other operating charges -€1,275
down €1,275 (-76.1%), from €1,675 to €400
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.
Cash bridge derived
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 | €539,035 | €523,000 | -€16,035 | -3.0% |
| Fixed assets | 21/28 | €500,371 | €482,609 | -€17,761 | -3.5% |
| Tangible fixed assets | 22/27 | €385,121 | €367,359 | -€17,761 | -4.6% |
| Land and buildings | 22 | €385,121 | €367,359 | -€17,761 | -4.6% |
| Financial fixed assets | 28 | €115,250 | €115,250 | = | 0.0% |
| Current assets | 29/58 | €38,664 | €40,390 | +€1,726 | +4.5% |
| Amounts receivable within one year | 40/41 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 41 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €38,664 | €15,390 | -€23,274 | -60.2% |
| Total equity and liabilities | 10/49 | €539,035 | €523,000 | -€16,035 | -3.0% |
| Equity | 10/15 | €238,106 | €259,550 | +€21,444 | +9.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | - | -€20,460 | |
| Share premium | 1100/10 | €20,460 | - | -€20,460 | |
| Reserves | 13 | €267,230 | €263,349 | -€3,881 | -1.5% |
| Tax-exempt reserves | 132 | €76,062 | €72,181 | -€3,881 | -5.1% |
| Distributable reserves | 133 | €191,168 | €191,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,584 | -€24,259 | +€25,325 | +51.1% |
| Provisions and deferred taxes | 16 | €25,354 | €24,060 | -€1,294 | -5.1% |
| Deferred taxes | 168 | €25,354 | €24,060 | -€1,294 | -5.1% |
| Amounts payable | 17/49 | €275,575 | €239,390 | -€36,185 | -13.1% |
| Amounts payable after more than one year | 17 | €224,697 | €206,530 | -€18,167 | -8.1% |
| Financial debts | 170/4 | €173,344 | €166,588 | -€6,756 | -3.9% |
| Other amounts payable | 178/9 | €51,353 | €39,941 | -€11,412 | -22.2% |
| Amounts payable within one year | 42/48 | €50,878 | €32,310 | -€18,568 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €6,529 | €6,756 | +€227 | +3.5% |
| Trade debts | 44 | - | €95 | +€95 | |
| Suppliers | 440/4 | - | €95 | +€95 | |
| Taxes, remuneration and social security | 45 | €9,025 | €594 | -€8,431 | -93.4% |
| Taxes | 450/3 | €9,025 | €594 | -€8,431 | -93.4% |
| Other amounts payable | 47/48 | €35,323 | €24,866 | -€10,458 | -29.6% |
| Accrued charges and deferred income | 492/3 | - | €550 | +€550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,134 | €17,761 | +€10,628 | +149.0% |
| Other operating charges | 640/8 | €1,675 | €400 | -€1,275 | -76.1% |
| Gross operating margin | 9900 | €86,759 | -€3,375 | -€90,134 | |
| Operating profit (loss) | 9901 | €77,951 | -€21,536 | -€99,487 | |
| Financial income | 75/76B | - | €50,000 | +€50,000 | |
| Recurring financial income | 75 | - | €50,000 | +€50,000 | |
| Financial charges | 65/66B | €5,204 | €8,314 | +€3,110 | +59.8% |
| Recurring financial charges | 65 | €5,204 | €8,314 | +€3,110 | +59.8% |
| Profit (loss) for the period before taxes | 9903 | €72,746 | €20,150 | -€52,597 | -72.3% |
| Transfer from deferred taxes | 780 | €521 | €1,294 | +€773 | +148.3% |
| Transfer to deferred taxes | 680 | €25,875 | €0 | -€25,875 | -100.0% |
| Profit (loss) for the period | 9904 | €47,393 | €21,444 | -€25,949 | -54.8% |
| Transfer from tax-exempt reserves | 789 | €1,563 | €3,881 | +€2,318 | +148.3% |
| Transfer to tax-exempt reserves | 689 | €77,625 | €0 | -€77,625 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,669 | €25,325 | +€53,994 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.