SOPIDEX: 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.
SOPIDEX
Largest movements
- Receivables within one year +€27,201
up €27,201 (+144.0%), from €18,886 to €46,087
of which Trade receivables: +€25,948
- Cash -€12,242
down €12,242 (-76.6%), from €15,977 to €3,736
mainly Receivables within one year (-€27,201) and Debts after one year (-€7,267)
- Tangible fixed assets -€11,443
down €11,443 (-31.4%), from €36,416 to €24,973
of which Furniture and vehicles: -€9,915
- Trade debts +€10,537
up €10,537 (+64.5%), from €16,334 to €26,871
- Debts after one year -€7,267
down €7,267 (-33.8%), from €21,474 to €14,207
- Reserves +€5,724
up €5,724 (+80.4%), from €7,120 to €12,844
- Other debts -€4,358
down €4,358 (-41.1%), from €10,591 to €6,233
- Current portion of long-term debt -€838
down €838 (-10.3%), from €8,104 to €7,267
- Gross operating margin +€41,913
up €41,913 (+269.7%), from €15,543 to €57,456
- Staff costs +€25,023
up €25,023 (+229.7%), from €10,894 to €35,917
- Depreciation +€1,824
up €1,824 (+16.1%), from €11,323 to €13,147
- Other operating charges +€1,024
up €1,024 (+2065.5%), from €50 to €1,074
- Financial charges -€842
down €842 (-34.6%), from €2,437 to €1,595
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 | €73,763 | €76,808 | +€3,045 | +4.1% |
| Fixed assets | 21/28 | €37,714 | €25,870 | -€11,843 | -31.4% |
| Intangible fixed assets | 21 | €1,298 | €898 | -€400 | -30.8% |
| Tangible fixed assets | 22/27 | €36,416 | €24,973 | -€11,443 | -31.4% |
| Plant, machinery and equipment | 23 | €6,847 | €5,319 | -€1,528 | -22.3% |
| Furniture and vehicles | 24 | €29,569 | €19,654 | -€9,915 | -33.5% |
| Current assets | 29/58 | €36,049 | €50,937 | +€14,888 | +41.3% |
| Amounts receivable within one year | 40/41 | €18,886 | €46,087 | +€27,201 | +144.0% |
| Trade receivables | 40 | €18,866 | €44,814 | +€25,948 | +137.5% |
| Other amounts receivable | 41 | €20 | €1,273 | +€1,253 | +6264.6% |
| Cash at bank and in hand | 54/58 | €15,977 | €3,736 | -€12,242 | -76.6% |
| Deferred charges and accrued income | 490/1 | €1,185 | €1,114 | -€71 | -6.0% |
| Total equity and liabilities | 10/49 | €73,763 | €76,808 | +€3,045 | +4.1% |
| Equity | 10/15 | €10,120 | €15,844 | +€5,724 | +56.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,120 | €12,844 | +€5,724 | +80.4% |
| Distributable reserves | 133 | €7,120 | €12,844 | +€5,724 | +80.4% |
| Amounts payable | 17/49 | €63,643 | €60,964 | -€2,679 | -4.2% |
| Amounts payable after more than one year | 17 | €21,474 | €14,207 | -€7,267 | -33.8% |
| Financial debts | 170/4 | €21,474 | €14,207 | -€7,267 | -33.8% |
| Amounts payable within one year | 42/48 | €42,169 | €46,757 | +€4,588 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €8,104 | €7,267 | -€838 | -10.3% |
| Trade debts | 44 | €16,334 | €26,871 | +€10,537 | +64.5% |
| Suppliers | 440/4 | €16,334 | €26,871 | +€10,537 | +64.5% |
| Taxes, remuneration and social security | 45 | €7,139 | €6,386 | -€754 | -10.6% |
| Taxes | 450/3 | €4,280 | €355 | -€3,925 | -91.7% |
| Remuneration and social security | 454/9 | €2,860 | €6,031 | +€3,171 | +110.9% |
| Other amounts payable | 47/48 | €10,591 | €6,233 | -€4,358 | -41.1% |
| Remuneration, social security and pensions | 62 | €10,894 | €35,917 | +€25,023 | +229.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,323 | €13,147 | +€1,824 | +16.1% |
| Other operating charges | 640/8 | €50 | €1,074 | +€1,024 | +2065.5% |
| Gross operating margin | 9900 | €15,543 | €57,456 | +€41,913 | +269.7% |
| Operating profit (loss) | 9901 | -€6,722 | €7,319 | +€14,041 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.1% |
| Financial charges | 65/66B | €2,437 | €1,595 | -€842 | -34.6% |
| Recurring financial charges | 65 | €2,437 | €1,595 | -€842 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,158 | €5,724 | +€14,882 | |
| Profit (loss) for the period | 9904 | -€9,158 | €5,724 | +€14,882 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,158 | €5,724 | +€14,882 |
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 8 October 2026 via checked.be.