THE SOFICS COMPANY: 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.
What changed
THE SOFICS COMPANY
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €2.6m-€1.5m
Equity
€20.9m
2024 · €19.8m+€1.0m
Cash
€47,943
2024 · €39,159+€8,784
Balance sheet total
€24.0m
2024 · €24.0m-€1,934
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€1.0m
down €1.0m (-33.3%), from €3.1m to €2.1m
- Profit (loss) carried forward +€992,083
up €992,083 (+17.5%), from €5.7m to €6.7m
Income statement
- Financial income -€1.5m
down €1.5m (-59.2%), from €2.6m to €1.1m
- Financial charges -€24,025
down €24,025 (-40.0%), from €60,046 to €36,021
- Taxes +€22,734
new in 2025: €22,734
- Gross operating margin +€5,717
up €5,717 (+13.2%), from €43,391 to €49,109
- Other operating charges -€1,074
down €1,074 (-82.4%), from €1,303 to €229
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.
Result 2024
€2.6m
Gross operating margin
+€5,717
Depreciation
+€55
Other operating charges
+€1,074
Other operating items
+€247
Financial income
-€1.5m
Financial charges
+€24,025
Taxes
-€22,734
Result 2025
€1.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.1m
Investment
-€20,000
Financing
-€1.0m
Cash 2024
€39,159
From operations (derived)
+€1.1m
Net result for the year
+€1.0m
Receivables within one year
+€28,873
Smaller working-capital items
-€68
Trade debts
-€4,781
Accrued charges and deferred income
-€10,967
Investment (derived)
-€20,000
Current investments
-€20,000
Financing
-€1.0m
Debts after one year
-€1.0m
Current portion of long-term debt
-€0
Cash 2025
€47,943
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,999,376 | €23,997,442 | -€1,934 | 0.0% |
| Fixed assets | 21/28 | €21,000,000 | €21,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €21,000,000 | €21,000,000 | = | 0.0% |
| Current assets | 29/58 | €2,999,376 | €2,997,442 | -€1,934 | -0.1% |
| Amounts receivable within one year | 40/41 | €71,198 | €42,325 | -€28,873 | -40.6% |
| Trade receivables | 40 | €45,834 | €42,325 | -€3,509 | -7.7% |
| Other amounts receivable | 41 | €25,365 | - | -€25,365 | |
| Current investments | 50/53 | €2,880,000 | €2,900,000 | +€20,000 | +0.7% |
| Cash at bank and in hand | 54/58 | €39,159 | €47,943 | +€8,784 | +22.4% |
| Deferred charges and accrued income | 490/1 | €9,019 | €7,174 | -€1,845 | -20.5% |
| Total equity and liabilities | 10/49 | €23,999,376 | €23,997,442 | -€1,934 | 0.0% |
| Equity | 10/15 | €19,825,075 | €20,869,373 | +€1.0m | +5.3% |
| Contributions | 10/11 | €13,851,172 | €13,851,172 | = | 0.0% |
| Capital | 10 | €13,840,000 | €13,840,000 | = | 0.0% |
| Issued capital | 100 | €13,840,000 | €13,840,000 | = | 0.0% |
| Contributions outside capital | 11 | €11,172 | €11,172 | = | 0.0% |
| Share premium | 1100/10 | €11,172 | €11,172 | = | 0.0% |
| Reserves | 13 | €300,986 | €353,201 | +€52,215 | +17.3% |
| Non-distributable reserves | 130/1 | €300,986 | €353,201 | +€52,215 | +17.3% |
| Legal reserve | 130 | €300,986 | €353,201 | +€52,215 | +17.3% |
| Profit (loss) carried forward | 14 | €5,672,917 | €6,665,000 | +€992,083 | +17.5% |
| Amounts payable | 17/49 | €4,174,301 | €3,128,069 | -€1.0m | -25.1% |
| Amounts payable after more than one year | 17 | €3,085,714 | €2,057,143 | -€1.0m | -33.3% |
| Financial debts | 170/4 | €3,085,714 | €2,057,143 | -€1.0m | -33.3% |
| Amounts payable within one year | 42/48 | €1,072,901 | €1,066,207 | -€6,694 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €1,028,571 | €1,028,571 | -€0 | 0.0% |
| Trade debts | 44 | €41,910 | €37,130 | -€4,781 | -11.4% |
| Suppliers | 440/4 | €41,910 | €37,130 | -€4,781 | -11.4% |
| Taxes, remuneration and social security | 45 | €2,419 | €506 | -€1,913 | -79.1% |
| Taxes | 450/3 | €2,419 | €506 | -€1,913 | -79.1% |
| Accrued charges and deferred income | 492/3 | €15,686 | €4,718 | -€10,967 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | - | -€55 | |
| Other operating charges | 640/8 | €1,303 | €229 | -€1,074 | -82.4% |
| Non-recurring operating charges | 66A | €247 | - | -€247 | |
| Gross operating margin | 9900 | €43,391 | €49,109 | +€5,717 | +13.2% |
| Operating profit (loss) | 9901 | €41,786 | €48,880 | +€7,093 | +17.0% |
| Financial income | 75/76B | €2,584,548 | €1,054,173 | -€1.5m | -59.2% |
| Recurring financial income | 75 | €2,584,548 | €1,054,173 | -€1.5m | -59.2% |
| Financial charges | 65/66B | €60,046 | €36,021 | -€24,025 | -40.0% |
| Recurring financial charges | 65 | €60,046 | €36,021 | -€24,025 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €2,566,289 | €1,067,032 | -€1.5m | -58.4% |
| Income taxes | 67/77 | - | €22,734 | +€22,734 | |
| Profit (loss) for the period | 9904 | €2,566,289 | €1,044,298 | -€1.5m | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,566,289 | €1,044,298 | -€1.5m | -59.3% |
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.