SOPHILIP: 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.
SOPHILIP
Largest movements
- Receivables within one year -€27,228
down €27,228 (-15.9%), from €171,734 to €144,506
of which Trade receivables: -€34,752
- Stocks and contracts -€22,746
down €22,746 (-36.3%), from €62,598 to €39,852
- Receivables after one year -€10,130
down €10,130 (-14.6%), from €69,471 to €59,341
- Tax, wage and social debts -€36,328
down €36,328 (-57.2%), from €63,553 to €27,225
of which Taxes: -€34,506
- Current portion of long-term debt -€29,271
no longer reported in 2025 (was €29,271)
- Profit (loss) carried forward +€18,641
up €18,641 (+10.7%), from €174,006 to €192,647
- Other debts -€14,176
down €14,176 (-37.0%), from €38,305 to €24,129
- Advances received +€4,824
up €4,824 (+124%), from €3,876 to €8,700
- Staff costs -€30,923
down €30,923 (-63.9%), from €48,371 to €17,448
- Gross operating margin -€26,196
down €26,196 (-30.8%), from €85,016 to €58,820
- Purchases and services -€7,682
down €7,682 (-3.8%), from €202,425 to €194,743
- Financial income +€6,365
up €6,365 (+278%), from €2,291 to €8,656
- Taxes +€3,474
up €3,474 (+49.1%), from €7,077 to €10,551
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 | €435,527 | €372,088 | -€63,439 | -14.6% |
| Fixed assets | 21/28 | €130,539 | €126,274 | -€4,265 | -3.3% |
| Tangible fixed assets | 22/27 | €4,991 | €2,573 | -€2,418 | -48.4% |
| Furniture and vehicles | 24 | €838 | €557 | -€281 | -33.5% |
| Other tangible fixed assets | 26 | €4,153 | €2,016 | -€2,137 | -51.5% |
| Financial fixed assets | 28 | €125,548 | €123,701 | -€1,847 | -1.5% |
| Current assets | 29/58 | €304,988 | €245,814 | -€59,174 | -19.4% |
| Amounts receivable after more than one year | 29 | €69,471 | €59,341 | -€10,130 | -14.6% |
| Other amounts receivable | 291 | €69,471 | €59,341 | -€10,130 | -14.6% |
| Stocks and contracts in progress | 3 | €62,598 | €39,852 | -€22,746 | -36.3% |
| Stocks | 30/36 | €62,598 | €39,852 | -€22,746 | -36.3% |
| Amounts receivable within one year | 40/41 | €171,734 | €144,506 | -€27,228 | -15.9% |
| Trade receivables | 40 | €67,483 | €32,731 | -€34,752 | -51.5% |
| Other amounts receivable | 41 | €104,251 | €111,775 | +€7,524 | +7.2% |
| Cash at bank and in hand | 54/58 | €645 | €1,564 | +€919 | +142% |
| Deferred charges and accrued income | 490/1 | €540 | €551 | +€11 | +2.0% |
| Total equity and liabilities | 10/49 | €435,527 | €372,088 | -€63,439 | -14.6% |
| Equity | 10/15 | €259,720 | €278,361 | +€18,641 | +7.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €24,214 | €24,214 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,900 | €11,900 | = | 0.0% |
| Legal reserve | 130 | €11,900 | €11,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,314 | €12,314 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,006 | €192,647 | +€18,641 | +10.7% |
| Amounts payable | 17/49 | €175,807 | €93,727 | -€82,080 | -46.7% |
| Amounts payable after more than one year | 17 | €2,536 | €74 | -€2,462 | -97.1% |
| Financial debts | 170/4 | €2,536 | €74 | -€2,462 | -97.1% |
| Amounts payable within one year | 42/48 | €173,271 | €93,653 | -€79,618 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €29,271 | - | -€29,271 | |
| Trade debts | 44 | €38,266 | €33,599 | -€4,667 | -12.2% |
| Suppliers | 440/4 | €38,266 | €33,599 | -€4,667 | -12.2% |
| Advances received on contracts in progress | 46 | €3,876 | €8,700 | +€4,824 | +124% |
| Taxes, remuneration and social security | 45 | €63,553 | €27,225 | -€36,328 | -57.2% |
| Taxes | 450/3 | €59,451 | €24,945 | -€34,506 | -58.0% |
| Remuneration and social security | 454/9 | €4,102 | €2,280 | -€1,822 | -44.4% |
| Other amounts payable | 47/48 | €38,305 | €24,129 | -€14,176 | -37.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €202,425 | €194,743 | -€7,682 | -3.8% |
| Remuneration, social security and pensions | 62 | €48,371 | €17,448 | -€30,923 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,187 | €2,418 | +€231 | +10.6% |
| Other operating charges | 640/8 | €2,099 | €1,315 | -€784 | -37.4% |
| Gross operating margin | 9900 | €85,016 | €58,820 | -€26,196 | -30.8% |
| Operating profit (loss) | 9901 | €32,359 | €37,639 | +€5,280 | +16.3% |
| Financial income | 75/76B | €2,291 | €8,656 | +€6,365 | +278% |
| Recurring financial income | 75 | €2,291 | €8,656 | +€6,365 | +278% |
| Financial charges | 65/66B | €5,097 | €2,103 | -€2,994 | -58.7% |
| Recurring financial charges | 65 | €5,097 | €2,103 | -€2,994 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €29,553 | €44,192 | +€14,639 | +49.5% |
| Income taxes | 67/77 | €7,077 | €10,551 | +€3,474 | +49.1% |
| Profit (loss) for the period | 9904 | €22,476 | €33,641 | +€11,165 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,476 | €33,641 | +€11,165 | +49.7% |
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 23 October 2026 via checked.be.