SOPHIE-STICATED: 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.
SOPHIE-STICATED
Largest movements
- Tangible fixed assets -€103,702
down €103,702 (-12.0%), from €864,839 to €761,137
of which Land and buildings: -€74,704
- Debts after one year -€91,267
down €91,267 (-20.4%), from €447,437 to €356,169
- Other debts -€9,754
down €9,754 (-2.7%), from €356,003 to €346,249
- Gross operating margin +€36,825
up €36,825 (+43.7%), from €84,247 to €121,071
- Other operating charges -€7,459
down €7,459 (-44.2%), from €16,896 to €9,436
- Financial charges -€1,429
down €1,429 (-14.0%), from €10,235 to €8,807
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 | €904,261 | €802,147 | -€102,114 | -11.3% |
| Fixed assets | 21/28 | €902,445 | €798,743 | -€103,702 | -11.5% |
| Tangible fixed assets | 22/27 | €864,839 | €761,137 | -€103,702 | -12.0% |
| Land and buildings | 22 | €805,303 | €730,599 | -€74,704 | -9.3% |
| Plant, machinery and equipment | 23 | €23,565 | €8,122 | -€15,443 | -65.5% |
| Furniture and vehicles | 24 | €35,971 | €22,416 | -€13,555 | -37.7% |
| Financial fixed assets | 28 | €37,606 | €37,606 | = | 0.0% |
| Current assets | 29/58 | €1,816 | €3,404 | +€1,587 | +87.4% |
| Amounts receivable within one year | 40/41 | €516 | €312 | -€204 | -39.6% |
| Trade receivables | 40 | €348 | €223 | -€125 | -35.8% |
| Other amounts receivable | 41 | €168 | €89 | -€80 | -47.4% |
| Cash at bank and in hand | 54/58 | €1,300 | €3,092 | +€1,792 | +138% |
| Total equity and liabilities | 10/49 | €904,261 | €802,147 | -€102,114 | -11.3% |
| Equity | 10/15 | €9,334 | €8,195 | -€1,139 | -12.2% |
| Contributions | 10/11 | €78,600 | €78,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,266 | -€70,405 | -€1,139 | -1.6% |
| Amounts payable | 17/49 | €894,927 | €793,952 | -€100,975 | -11.3% |
| Amounts payable after more than one year | 17 | €447,437 | €356,169 | -€91,267 | -20.4% |
| Financial debts | 170/4 | €447,437 | €356,169 | -€91,267 | -20.4% |
| Amounts payable within one year | 42/48 | €447,490 | €437,782 | -€9,708 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €89,754 | €91,267 | +€1,513 | +1.7% |
| Trade debts | 44 | €1,237 | - | -€1,237 | |
| Suppliers | 440/4 | €1,237 | - | -€1,237 | |
| Taxes, remuneration and social security | 45 | €496 | €266 | -€230 | -46.4% |
| Taxes | 450/3 | €496 | €266 | -€230 | -46.4% |
| Other amounts payable | 47/48 | €356,003 | €346,249 | -€9,754 | -2.7% |
| Non-recurring operating income | 76A | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,807 | €103,702 | -€105 | -0.1% |
| Other operating charges | 640/8 | €16,896 | €9,436 | -€7,459 | -44.2% |
| Gross operating margin | 9900 | €84,247 | €121,071 | +€36,825 | +43.7% |
| Operating profit (loss) | 9901 | -€36,456 | €7,934 | +€44,389 | |
| Financial charges | 65/66B | €10,235 | €8,807 | -€1,429 | -14.0% |
| Recurring financial charges | 65 | €10,235 | €8,807 | -€1,429 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€46,691 | -€873 | +€45,818 | +98.1% |
| Income taxes | 67/77 | €291 | €266 | -€25 | -8.5% |
| Profit (loss) for the period | 9904 | -€46,982 | -€1,139 | +€45,843 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,982 | -€1,139 | +€45,843 | +97.6% |
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 31 October 2026 via checked.be.