SOPHLEX: 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.
SOPHLEX
Largest movements
- Cash +€83,532
up €83,532 (+74.6%), from €111,993 to €195,524
mainly Net result for the year (+€66,784) and Receivables within one year (+€41,500)
- Receivables within one year -€41,500
down €41,500 (-45.7%), from €90,834 to €49,335
of which Trade receivables: -€45,276
- Tangible fixed assets -€5,326
no longer reported in 2025 (was €5,326)
- Reserves +€37,284
up €37,284 (+14.8%), from €251,565 to €288,849
- Gross operating margin -€13,291
down €13,291 (-12.7%), from €104,804 to €91,513
- Taxes -€2,936
down €2,936 (-9.6%), from €30,498 to €27,561
- Financial income +€1,896
up €1,896 (+112.6%), from €1,685 to €3,581
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 | €279,056 | €315,889 | +€36,833 | +13.2% |
| Fixed assets | 21/28 | €5,326 | - | -€5,326 | |
| Tangible fixed assets | 22/27 | €5,326 | - | -€5,326 | |
| Furniture and vehicles | 24 | €5,326 | - | -€5,326 | |
| Current assets | 29/58 | €273,730 | €315,889 | +€42,159 | +15.4% |
| Amounts receivable within one year | 40/41 | €90,834 | €49,335 | -€41,500 | -45.7% |
| Trade receivables | 40 | €45,663 | €386 | -€45,276 | -99.2% |
| Other amounts receivable | 41 | €45,172 | €48,948 | +€3,777 | +8.4% |
| Current investments | 50/53 | €70,000 | €70,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €111,993 | €195,524 | +€83,532 | +74.6% |
| Deferred charges and accrued income | 490/1 | €903 | €1,030 | +€127 | +14.1% |
| Total equity and liabilities | 10/49 | €279,056 | €315,889 | +€36,833 | +13.2% |
| Equity | 10/15 | €263,965 | €301,249 | +€37,284 | +14.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €251,565 | €288,849 | +€37,284 | +14.8% |
| Distributable reserves | 133 | €251,565 | €288,849 | +€37,284 | +14.8% |
| Amounts payable | 17/49 | €15,091 | €14,640 | -€451 | -3.0% |
| Amounts payable within one year | 42/48 | €15,091 | €14,640 | -€451 | -3.0% |
| Trade debts | 44 | €4,979 | €4,324 | -€655 | -13.1% |
| Suppliers | 440/4 | €4,979 | €4,324 | -€655 | -13.1% |
| Taxes, remuneration and social security | 45 | €4,262 | €3,673 | -€590 | -13.8% |
| Taxes | 450/3 | €4,262 | €1,696 | -€2,567 | -60.2% |
| Remuneration and social security | 454/9 | - | €1,977 | +€1,977 | |
| Other amounts payable | 47/48 | €5,850 | €6,643 | +€794 | +13.6% |
| Non-recurring operating income | 76A | - | €3,724 | +€3,724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €555 | - | -€555 | |
| Other operating charges | 640/8 | €1,035 | €656 | -€379 | -36.6% |
| Gross operating margin | 9900 | €104,804 | €91,513 | -€13,291 | -12.7% |
| Operating profit (loss) | 9901 | €103,213 | €90,856 | -€12,357 | -12.0% |
| Financial income | 75/76B | €1,685 | €3,581 | +€1,896 | +112.6% |
| Recurring financial income | 75 | €1,685 | €3,581 | +€1,896 | +112.6% |
| Financial charges | 65/66B | €500 | €92 | -€408 | -81.6% |
| Recurring financial charges | 65 | €500 | €92 | -€408 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | €104,398 | €94,345 | -€10,053 | -9.6% |
| Income taxes | 67/77 | €30,498 | €27,561 | -€2,936 | -9.6% |
| Profit (loss) for the period | 9904 | €73,900 | €66,784 | -€7,117 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,900 | €66,784 | -€7,117 | -9.6% |
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 6 October 2026 via checked.be.