Sophiya: 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.
Sophiya
Largest movements
- Tangible fixed assets -€51,803
down €51,803 (-40.7%), from €127,367 to €75,564
of which Plant, machinery and equipment: -€51,494
- Intangible fixed assets -€48,000
down €48,000 (-13.4%), from €357,699 to €309,699
- Cash +€32,647
up €32,647 (+14.2%), from €229,415 to €262,062
mainly Depreciation (+€99,803) and Net result for the year (+€27,628)
- Receivables within one year -€15,282
down €15,282 (-32.1%), from €47,628 to €32,347
of which Other amounts receivable: -€15,222
- Deferred charges and accrued income -€12,894
down €12,894 (-100%), from €12,894 to €0
- Debts after one year -€57,750
down €57,750 (-26.8%), from €215,088 to €157,337
- Tax, wage and social debts -€19,487
down €19,487 (-32.3%), from €60,273 to €40,786
of which Taxes: -€19,283
- Profit (loss) carried forward -€19,320
down €19,320 (-41.2%), from €46,947 to €27,628
- Staff costs +€37,757
up €37,757 (+17.0%), from €221,973 to €259,730
- Gross operating margin +€26,209
up €26,209 (+6.7%), from €390,393 to €416,602
- Other operating charges +€7,570
up €7,570 (+247%), from €3,066 to €10,635
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 | €786,296 | €690,834 | -€95,461 | -12.1% |
| Fixed assets | 21/28 | €489,565 | €389,763 | -€99,803 | -20.4% |
| Intangible fixed assets | 21 | €357,699 | €309,699 | -€48,000 | -13.4% |
| Tangible fixed assets | 22/27 | €127,367 | €75,564 | -€51,803 | -40.7% |
| Plant, machinery and equipment | 23 | €126,529 | €75,035 | -€51,494 | -40.7% |
| Furniture and vehicles | 24 | €838 | €529 | -€309 | -36.8% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €296,730 | €301,072 | +€4,341 | +1.5% |
| Stocks and contracts in progress | 3 | €6,793 | €6,663 | -€130 | -1.9% |
| Stocks | 30/36 | €6,793 | €6,663 | -€130 | -1.9% |
| Amounts receivable within one year | 40/41 | €47,628 | €32,347 | -€15,282 | -32.1% |
| Trade receivables | 40 | €60 | €0 | -€60 | -100% |
| Other amounts receivable | 41 | €47,568 | €32,347 | -€15,222 | -32.0% |
| Cash at bank and in hand | 54/58 | €229,415 | €262,062 | +€32,647 | +14.2% |
| Deferred charges and accrued income | 490/1 | €12,894 | €0 | -€12,894 | -100% |
| Total equity and liabilities | 10/49 | €786,296 | €690,834 | -€95,461 | -12.1% |
| Equity | 10/15 | €381,947 | €362,628 | -€19,320 | -5.1% |
| Contributions | 10/11 | €335,000 | €335,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,947 | €27,628 | -€19,320 | -41.2% |
| Amounts payable | 17/49 | €404,348 | €328,207 | -€76,142 | -18.8% |
| Amounts payable after more than one year | 17 | €215,088 | €157,337 | -€57,750 | -26.8% |
| Financial debts | 170/4 | €215,088 | €157,337 | -€57,750 | -26.8% |
| Amounts payable within one year | 42/48 | €189,261 | €169,743 | -€19,518 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €56,068 | €57,750 | +€1,683 | +3.0% |
| Trade debts | 44 | €72,920 | €71,207 | -€1,714 | -2.3% |
| Suppliers | 440/4 | €72,920 | €71,207 | -€1,714 | -2.3% |
| Taxes, remuneration and social security | 45 | €60,273 | €40,786 | -€19,487 | -32.3% |
| Taxes | 450/3 | €33,013 | €13,730 | -€19,283 | -58.4% |
| Remuneration and social security | 454/9 | €27,260 | €27,056 | -€204 | -0.7% |
| Accrued charges and deferred income | 492/3 | - | €1,126 | +€1,126 | |
| Remuneration, social security and pensions | 62 | €221,973 | €259,730 | +€37,757 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,803 | €99,803 | = | 0.0% |
| Other operating charges | 640/8 | €3,066 | €10,635 | +€7,570 | +247% |
| Gross operating margin | 9900 | €390,393 | €416,602 | +€26,209 | +6.7% |
| Operating profit (loss) | 9901 | €65,553 | €46,434 | -€19,118 | -29.2% |
| Financial income | 75/76B | €295 | €186 | -€109 | -37.0% |
| Recurring financial income | 75 | €295 | €186 | -€109 | -37.0% |
| Financial charges | 65/66B | €10,085 | €9,019 | -€1,066 | -10.6% |
| Recurring financial charges | 65 | €10,085 | €9,019 | -€1,066 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €55,763 | €37,602 | -€18,161 | -32.6% |
| Income taxes | 67/77 | €11,392 | €9,974 | -€1,418 | -12.4% |
| Profit (loss) for the period | 9904 | €44,370 | €27,628 | -€16,743 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,370 | €27,628 | -€16,743 | -37.7% |
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 17 October 2026 via checked.be.