Sofico: 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.
Sofico
Largest movements
- Tangible fixed assets -€29,190
down €29,190 (-14.5%), from €200,885 to €171,695
of which Furniture and vehicles: -€20,959
- Cash +€3,288
new in 2025: €3,288
mainly Depreciation (+€29,190) and Net result for the year (+€4,785)
- Receivables within one year -€2,572
down €2,572 (-68.6%), from €3,752 to €1,180
- Debts after one year -€20,885
down €20,885 (-24.1%), from €86,786 to €65,901
of which Financial debts: -€20,885
- Short-term financial debts -€14,424
down €14,424 (-89.7%), from €16,077 to €1,653
- Other debts -€5,264
down €5,264 (-22.9%), from €23,037 to €17,773
- Profit (loss) carried forward +€4,785
up €4,785 (+34.9%), from €13,722 to €18,507
- Tax, wage and social debts +€4,533
up €4,533 (+24.3%), from €18,692 to €23,225
of which Taxes: +€6,783
- Gross operating margin +€16,582
up €16,582 (+46.2%), from €35,877 to €52,459
- Staff costs +€3,547
new in 2025: €3,547
- Taxes +€1,967
up €1,967 (+56.4%), from €3,489 to €5,456
- Financial charges -€1,221
down €1,221 (-17.3%), from €7,073 to €5,852
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 | €205,934 | €177,504 | -€28,430 | -13.8% |
| Fixed assets | 21/28 | €200,885 | €171,695 | -€29,190 | -14.5% |
| Tangible fixed assets | 22/27 | €200,885 | €171,695 | -€29,190 | -14.5% |
| Land and buildings | 22 | €122,961 | €114,730 | -€8,231 | -6.7% |
| Furniture and vehicles | 24 | €77,924 | €56,965 | -€20,959 | -26.9% |
| Current assets | 29/58 | €5,049 | €5,809 | +€760 | +15.1% |
| Amounts receivable within one year | 40/41 | €3,752 | €1,180 | -€2,572 | -68.6% |
| Trade receivables | 40 | €3,752 | €1,180 | -€2,572 | -68.6% |
| Cash at bank and in hand | 54/58 | - | €3,288 | +€3,288 | |
| Deferred charges and accrued income | 490/1 | €1,297 | €1,341 | +€44 | +3.4% |
| Total equity and liabilities | 10/49 | €205,934 | €177,504 | -€28,430 | -13.8% |
| Equity | 10/15 | €40,314 | €45,099 | +€4,785 | +11.9% |
| Contributions | 10/11 | €19,592 | €19,592 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,722 | €18,507 | +€4,785 | +34.9% |
| Amounts payable | 17/49 | €165,620 | €132,405 | -€33,215 | -20.1% |
| Amounts payable after more than one year | 17 | €86,786 | €65,901 | -€20,885 | -24.1% |
| Financial debts | 170/4 | €61,786 | €40,901 | -€20,885 | -33.8% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €78,297 | €65,560 | -€12,737 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €20,081 | €20,886 | +€805 | +4.0% |
| Financial debts | 43 | €16,077 | €1,653 | -€14,424 | -89.7% |
| Credit institutions | 430/8 | €16,077 | €1,653 | -€14,424 | -89.7% |
| Trade debts | 44 | €410 | €2,023 | +€1,613 | +393% |
| Suppliers | 440/4 | €410 | €2,023 | +€1,613 | +393% |
| Taxes, remuneration and social security | 45 | €18,692 | €23,225 | +€4,533 | +24.3% |
| Taxes | 450/3 | €13,442 | €20,225 | +€6,783 | +50.5% |
| Remuneration and social security | 454/9 | €5,250 | €3,000 | -€2,250 | -42.9% |
| Other amounts payable | 47/48 | €23,037 | €17,773 | -€5,264 | -22.9% |
| Accrued charges and deferred income | 492/3 | €537 | €944 | +€407 | +75.8% |
| Remuneration, social security and pensions | 62 | - | €3,547 | +€3,547 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,049 | €29,190 | +€141 | +0.5% |
| Other operating charges | 640/8 | €3,583 | €3,629 | +€46 | +1.3% |
| Gross operating margin | 9900 | €35,877 | €52,459 | +€16,582 | +46.2% |
| Operating profit (loss) | 9901 | €3,245 | €16,093 | +€12,848 | +396% |
| Financial charges | 65/66B | €7,073 | €5,852 | -€1,221 | -17.3% |
| Recurring financial charges | 65 | €7,073 | €5,852 | -€1,221 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,828 | €10,241 | +€14,069 | |
| Income taxes | 67/77 | €3,489 | €5,456 | +€1,967 | +56.4% |
| Profit (loss) for the period | 9904 | -€7,317 | €4,785 | +€12,102 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,317 | €4,785 | +€12,102 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.