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SOB-IMMO: 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.

What changed

SOB-IMMO

BE 0738.537.115
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€15,145
2023 · -€43,953+€28,808
Equity
-€25,844
2023 · -€10,699-€15,145
Cash
€13,861
2023 · €2,367+€11,494
Balance sheet total
€1.5m
2023 · €1.6m-€59,065

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€70,650

    down €70,650 (-4.5%), from €1.6m to €1.5m

    of which Land and buildings: -€77,051

Equity and liabilities
  • Debts after one year -€57,198

    down €57,198 (-8.7%), from €654,932 to €597,734

Income statement
  • Gross operating margin +€17,552

    up €17,552 (+21.4%), from €82,099 to €99,650

  • Financial income +€11,442

    up €11,442 (+4047.2%), from €283 to €11,725

    of which Non-recurring financial income: +€11,725

From the 2023 result to the 2024 result

effect on the 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 2023 -€43,953
Gross operating margin +€17,552
Depreciation -€367
Other operating charges -€731
Financial income +€11,442
Financial charges +€913
Result 2024 -€15,145

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€78,695
Investment -€11,020
Financing -€56,181
Cash 2023 €2,367
Net result for the year -€15,145
Depreciation +€81,670
Smaller working-capital items -€238
Other debts +€12,409
Investment in fixed assets (net) -€11,020
Debts after one year -€57,198
Current portion of long-term debt +€1,017
Cash 2024 €13,861
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,590,121 €1,531,055 -€59,065 -3.7%
Fixed assets 21/28 €1,587,552 €1,516,903 -€70,650 -4.5%
Tangible fixed assets 22/27 €1,587,552 €1,516,903 -€70,650 -4.5%
Land and buildings 22 €1,570,547 €1,493,496 -€77,051 -4.9%
Other tangible fixed assets 26 €17,006 €23,407 +€6,401 +37.6%
Current assets 29/58 €2,569 €14,153 +€11,584 +451.0%
Amounts receivable within one year 40/41 €202 €292 +€90 +44.6%
Other amounts receivable 41 €202 €292 +€90 +44.6%
Cash at bank and in hand 54/58 €2,367 €13,861 +€11,494 +485.7%
Total equity and liabilities 10/49 €1,590,121 €1,531,055 -€59,065 -3.7%
Equity 10/15 -€10,699 -€25,844 -€15,145 -141.5%
Contributions 10/11 €200,000 €200,000 = 0.0%
Outside capital 11 €200,000 €200,000 = 0.0%
Other 1109/19 €200,000 €200,000 = 0.0%
Profit (loss) carried forward 14 -€210,699 -€225,844 -€15,145 -7.2%
Amounts payable 17/49 €1,600,820 €1,556,899 -€43,921 -2.7%
Amounts payable after more than one year 17 €654,932 €597,734 -€57,198 -8.7%
Financial debts 170/4 €654,932 €597,734 -€57,198 -8.7%
Amounts payable within one year 42/48 €945,888 €959,165 +€13,277 +1.4%
Current portion of amounts payable after more than one year 42 €56,181 €57,198 +€1,017 +1.8%
Trade debts 44 €25,357 €25,208 -€148 -0.6%
Suppliers 440/4 €25,357 €25,208 -€148 -0.6%
Other amounts payable 47/48 €864,350 €876,759 +€12,409 +1.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €81,302 €81,670 +€367 +0.5%
Other operating charges 640/8 €18,132 €18,864 +€731 +4.0%
Gross operating margin 9900 €82,099 €99,650 +€17,552 +21.4%
Operating profit (loss) 9901 -€17,336 -€883 +€16,453 +94.9%
Financial income 75/76B €283 €11,725 +€11,442 +4047.2%
Recurring financial income 75 €283 €11,725 +€11,442 +4047.2%
Non-recurring financial income 76B - €11,725 +€11,725
Financial charges 65/66B €26,900 €25,987 -€913 -3.4%
Recurring financial charges 65 €26,900 €25,987 -€913 -3.4%
Profit (loss) for the period before taxes 9903 -€43,953 -€15,145 +€28,808 +65.5%
Profit (loss) for the period 9904 -€43,953 -€15,145 +€28,808 +65.5%
Profit (loss) for the period to be appropriated 9905 -€43,953 -€15,145 +€28,808 +65.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.