LES SORBIERS: 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.
LES SORBIERS
Largest movements
- Intangible fixed assets +€511,465
up €511,465 (+945%), from €54,138 to €565,603
- Receivables within one year +€66,536
up €66,536 (+19.9%), from €335,104 to €401,640
of which Trade receivables: +€67,651
- Cash +€30,444
up €30,444 (+28.5%), from €106,710 to €137,153
mainly Other debts (+€560,000) and Net result for the year (+€150,339)
- Tangible fixed assets -€19,741
down €19,741 (-17.4%), from €113,153 to €93,412
- Other debts +€560,000
up €560,000 (+4,744%), from €11,805 to €571,805
- Reserves +€150,339
up €150,339 (+376%), from €39,954 to €190,293
of which Distributable reserves: +€150,339
- Tax, wage and social debts -€75,916
down €75,916 (-20.7%), from €367,075 to €291,159
of which Remuneration and social security: -€74,593
- Trade debts -€38,533
down €38,533 (-28.1%), from €136,943 to €98,410
- Gross operating margin +€137,716
up €137,716 (+6.3%), from €2.2m to €2.3m
- Staff costs -€82,037
down €82,037 (-3.7%), from €2.2m to €2.1m
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 | €627,751 | €1,219,641 | +€591,890 | +94.3% |
| Fixed assets | 21/28 | €167,980 | €659,704 | +€491,724 | +293% |
| Intangible fixed assets | 21 | €54,138 | €565,603 | +€511,465 | +945% |
| Tangible fixed assets | 22/27 | €113,153 | €93,412 | -€19,741 | -17.4% |
| Plant, machinery and equipment | 23 | €24,710 | €18,667 | -€6,043 | -24.5% |
| Furniture and vehicles | 24 | €65,187 | €60,216 | -€4,971 | -7.6% |
| Other tangible fixed assets | 26 | €23,256 | €14,529 | -€8,727 | -37.5% |
| Financial fixed assets | 28 | €689 | €689 | = | 0.0% |
| Current assets | 29/58 | €459,771 | €559,937 | +€100,166 | +21.8% |
| Stocks and contracts in progress | 3 | €3,814 | €4,094 | +€280 | +7.3% |
| Stocks | 30/36 | €3,814 | €4,094 | +€280 | +7.3% |
| Amounts receivable within one year | 40/41 | €335,104 | €401,640 | +€66,536 | +19.9% |
| Trade receivables | 40 | €263,248 | €330,898 | +€67,651 | +25.7% |
| Other amounts receivable | 41 | €71,856 | €70,741 | -€1,115 | -1.6% |
| Cash at bank and in hand | 54/58 | €106,710 | €137,153 | +€30,444 | +28.5% |
| Deferred charges and accrued income | 490/1 | €14,144 | €17,050 | +€2,906 | +20.5% |
| Total equity and liabilities | 10/49 | €627,751 | €1,219,641 | +€591,890 | +94.3% |
| Equity | 10/15 | €101,928 | €252,266 | +€150,339 | +147% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €39,954 | €190,293 | +€150,339 | +376% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €33,757 | €184,096 | +€150,339 | +445% |
| Provisions and deferred taxes | 16 | €10,000 | - | -€10,000 | |
| Provisions for liabilities and charges | 160/5 | €10,000 | - | -€10,000 | |
| Environmental obligations | 163 | €10,000 | - | -€10,000 | |
| Amounts payable | 17/49 | €515,823 | €967,374 | +€451,551 | +87.5% |
| Amounts payable within one year | 42/48 | €515,823 | €961,374 | +€445,551 | +86.4% |
| Trade debts | 44 | €136,943 | €98,410 | -€38,533 | -28.1% |
| Suppliers | 440/4 | €136,943 | €98,410 | -€38,533 | -28.1% |
| Taxes, remuneration and social security | 45 | €367,075 | €291,159 | -€75,916 | -20.7% |
| Taxes | 450/3 | €18,710 | €17,387 | -€1,323 | -7.1% |
| Remuneration and social security | 454/9 | €348,365 | €273,772 | -€74,593 | -21.4% |
| Other amounts payable | 47/48 | €11,805 | €571,805 | +€560,000 | +4,744% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €2,202,215 | €2,120,178 | -€82,037 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,862 | €54,612 | -€3,251 | -5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,715 | - | -€2,715 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€10,000 | -€10,000 | |
| Other operating charges | 640/8 | €325 | €1,806 | +€1,480 | +455% |
| Non-recurring operating charges | 66A | €1,504 | - | -€1,504 | |
| Gross operating margin | 9900 | €2,179,927 | €2,317,643 | +€137,716 | +6.3% |
| Operating profit (loss) | 9901 | -€84,695 | €151,048 | +€235,742 | |
| Financial charges | 65/66B | €310 | €492 | +€182 | +58.6% |
| Recurring financial charges | 65 | €310 | €492 | +€182 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | -€85,005 | €150,556 | +€235,561 | |
| Income taxes | 67/77 | €211 | €217 | +€6 | +2.8% |
| Profit (loss) for the period | 9904 | -€85,216 | €150,339 | +€235,555 | |
| Profit (loss) for the period to be appropriated | 9905 | -€85,216 | €150,339 | +€235,555 |
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 27 October 2026 via checked.be.