Sara Ombelet: 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.
Sara Ombelet
Largest movements
- Cash +€239,824
up €239,824 (+67.2%), from €356,685 to €596,509
mainly Net result for the year (+€388,151) and Current investments (+€184,976)
- Current investments -€184,976
down €184,976 (-75.4%), from €245,400 to €60,424
- Tangible fixed assets -€17,432
down €17,432 (-12.1%), from €143,577 to €126,146
of which Furniture and vehicles: -€13,138
- Other debts +€121,444
up €121,444 (+21.2%), from €572,840 to €694,284
- Reserves -€105,849
down €105,849 (-99.6%), from €106,238 to €390
- Tax, wage and social debts +€29,470
up €29,470 (+2,947%), from €1,000 to €30,470
- Debts after one year -€13,810
down €13,810 (-15.9%), from €86,988 to €73,178
- Gross operating margin +€48,841
up €48,841 (+10.3%), from €473,043 to €521,885
- Taxes +€16,163
up €16,163 (+14.1%), from €114,313 to €130,476
- Financial income +€15,305
up €15,305 (+504%), from €3,037 to €18,343
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 | €800,307 | €831,124 | +€30,817 | +3.9% |
| Fixed assets | 21/28 | €187,072 | €162,735 | -€24,337 | -13.0% |
| Tangible fixed assets | 22/27 | €143,577 | €126,146 | -€17,432 | -12.1% |
| Land and buildings | 22 | €94,229 | €89,935 | -€4,294 | -4.6% |
| Furniture and vehicles | 24 | €49,348 | €36,210 | -€13,138 | -26.6% |
| Financial fixed assets | 28 | €43,494 | €36,589 | -€6,905 | -15.9% |
| Current assets | 29/58 | €613,236 | €668,389 | +€55,154 | +9.0% |
| Amounts receivable within one year | 40/41 | €11,150 | €11,456 | +€306 | +2.7% |
| Trade receivables | 40 | - | €3,265 | +€3,265 | |
| Other amounts receivable | 41 | €11,150 | €8,191 | -€2,959 | -26.5% |
| Current investments | 50/53 | €245,400 | €60,424 | -€184,976 | -75.4% |
| Cash at bank and in hand | 54/58 | €356,685 | €596,509 | +€239,824 | +67.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €800,307 | €831,124 | +€30,817 | +3.9% |
| Equity | 10/15 | €124,838 | €18,990 | -€105,849 | -84.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,238 | €390 | -€105,849 | -99.6% |
| Distributable reserves | 133 | €106,238 | €390 | -€105,849 | -99.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €675,469 | €812,135 | +€136,666 | +20.2% |
| Amounts payable after more than one year | 17 | €86,988 | €73,178 | -€13,810 | -15.9% |
| Financial debts | 170/4 | €86,988 | €73,178 | -€13,810 | -15.9% |
| Amounts payable within one year | 42/48 | €588,481 | €738,641 | +€150,161 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €13,547 | €13,810 | +€263 | +1.9% |
| Trade debts | 44 | €1,094 | €78 | -€1,017 | -92.9% |
| Suppliers | 440/4 | €1,094 | €78 | -€1,017 | -92.9% |
| Taxes, remuneration and social security | 45 | €1,000 | €30,470 | +€29,470 | +2,947% |
| Taxes | 450/3 | €1,000 | €30,470 | +€29,470 | +2,947% |
| Other amounts payable | 47/48 | €572,840 | €694,284 | +€121,444 | +21.2% |
| Accrued charges and deferred income | 492/3 | - | €315 | +€315 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,432 | €17,432 | = | 0.0% |
| Other operating charges | 640/8 | €1,405 | €1,921 | +€516 | +36.7% |
| Gross operating margin | 9900 | €473,043 | €521,885 | +€48,841 | +10.3% |
| Operating profit (loss) | 9901 | €454,206 | €502,532 | +€48,326 | +10.6% |
| Financial income | 75/76B | €3,037 | €18,343 | +€15,305 | +504% |
| Recurring financial income | 75 | €3,037 | €18,343 | +€15,305 | +504% |
| Financial charges | 65/66B | €2,864 | €2,248 | -€616 | -21.5% |
| Recurring financial charges | 65 | €2,864 | €2,248 | -€616 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €454,380 | €518,627 | +€64,247 | +14.1% |
| Income taxes | 67/77 | €114,313 | €130,476 | +€16,163 | +14.1% |
| Profit (loss) for the period | 9904 | €340,067 | €388,151 | +€48,084 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €340,067 | €388,151 | +€48,084 | +14.1% |
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 26 October 2026 via checked.be.