Sophora: what changed
Sophora
Largest movements
- Receivables within one year +€31,218
up €31,218 (+96.0%), from €32,511 to €63,728
of which Trade receivables: +€33,788
- Cash -€13,084
down €13,084 (-89.6%), from €14,600 to €1,516
mainly Receivables within one year (-€31,218) and Investment in fixed assets (net) (-€25,087)
- Tangible fixed assets -€8,034
down €8,034 (-6.7%), from €119,399 to €111,365
of which Furniture and vehicles: -€14,957
- Profit (loss) carried forward -€17,977
down €17,977, from €0 to -€17,977
- Short-term financial debts +€13,283
new in 2024: €13,283
- Debts after one year -€11,213
down €11,213 (-14.8%), from €75,767 to €64,554
- Trade debts +€11,053
up €11,053 (+529%), from €2,089 to €13,142
- Other debts +€8,693
up €8,693 (+30.6%), from €28,396 to €37,089
- Write-downs +€45,600
new in 2024: €45,600
- Depreciation +€11,284
up €11,284 (+52.4%), from €21,540 to €32,825
- Taxes -€10,611
down €10,611 (-97.6%), from €10,867 to €256
- Other operating charges +€5,623
up €5,623 (+253%), from €2,223 to €7,846
- Gross operating margin +€4,477
up €4,477 (+6.4%), from €70,437 to €74,914
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,347 | €178,721 | +€10,374 | +6.2% |
| Formation expenses | 20 | - | €296 | +€296 | |
| Fixed assets | 21/28 | €119,399 | €111,365 | -€8,034 | -6.7% |
| Tangible fixed assets | 22/27 | €119,399 | €111,365 | -€8,034 | -6.7% |
| Plant, machinery and equipment | 23 | €19,942 | €15,288 | -€4,654 | -23.3% |
| Furniture and vehicles | 24 | €80,927 | €65,970 | -€14,957 | -18.5% |
| Leasing and similar rights | 25 | €18,530 | €30,108 | +€11,577 | +62.5% |
| Current assets | 29/58 | €48,948 | €67,059 | +€18,111 | +37.0% |
| Amounts receivable within one year | 40/41 | €32,511 | €63,728 | +€31,218 | +96.0% |
| Trade receivables | 40 | €22,859 | €56,647 | +€33,788 | +148% |
| Other amounts receivable | 41 | €9,652 | €7,082 | -€2,570 | -26.6% |
| Cash at bank and in hand | 54/58 | €14,600 | €1,516 | -€13,084 | -89.6% |
| Deferred charges and accrued income | 490/1 | €1,838 | €1,815 | -€23 | -1.2% |
| Total equity and liabilities | 10/49 | €168,347 | €178,721 | +€10,374 | +6.2% |
| Equity | 10/15 | €30,699 | €12,723 | -€17,977 | -58.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,699 | €25,699 | = | 0.0% |
| Distributable reserves | 133 | €25,699 | €25,699 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€17,977 | -€17,977 | |
| Amounts payable | 17/49 | €137,648 | €165,998 | +€28,351 | +20.6% |
| Amounts payable after more than one year | 17 | €75,767 | €64,554 | -€11,213 | -14.8% |
| Financial debts | 170/4 | €75,767 | €64,554 | -€11,213 | -14.8% |
| Amounts payable within one year | 42/48 | €61,880 | €100,505 | +€38,624 | +62.4% |
| Current portion of amounts payable after more than one year | 42 | €26,733 | €30,733 | +€4,000 | +15.0% |
| Financial debts | 43 | - | €13,283 | +€13,283 | |
| Credit institutions | 430/8 | - | €13,283 | +€13,283 | |
| Trade debts | 44 | €2,089 | €13,142 | +€11,053 | +529% |
| Suppliers | 440/4 | €2,089 | €13,142 | +€11,053 | +529% |
| Taxes, remuneration and social security | 45 | €4,662 | €6,257 | +€1,595 | +34.2% |
| Taxes | 450/3 | €4,662 | €6,257 | +€1,595 | +34.2% |
| Other amounts payable | 47/48 | €28,396 | €37,089 | +€8,693 | +30.6% |
| Accrued charges and deferred income | 492/3 | - | €940 | +€940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,540 | €32,825 | +€11,284 | +52.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €45,600 | +€45,600 | |
| Other operating charges | 640/8 | €2,223 | €7,846 | +€5,623 | +253% |
| Gross operating margin | 9900 | €70,437 | €74,914 | +€4,477 | +6.4% |
| Operating profit (loss) | 9901 | €46,674 | -€11,357 | -€58,031 | |
| Financial income | 75/76B | €1 | €23 | +€22 | +3,032% |
| Recurring financial income | 75 | €1 | €23 | +€22 | +3,032% |
| Financial charges | 65/66B | €8,608 | €6,386 | -€2,222 | -25.8% |
| Recurring financial charges | 65 | €8,608 | €6,386 | -€2,222 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €38,066 | -€17,721 | -€55,787 | |
| Income taxes | 67/77 | €10,867 | €256 | -€10,611 | -97.6% |
| Profit (loss) for the period | 9904 | €27,199 | -€17,977 | -€45,176 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,199 | -€17,977 | -€45,176 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.