Sobaco: 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.
Sobaco
Largest movements
- Cash +€18,618
up €18,618 (+17.0%), from €109,236 to €127,854
mainly Net result for the year (+€18,662) and Receivables within one year (+€1,247)
- Reserves +€18,500
up €18,500 (+36.3%), from €50,946 to €69,446
of which Distributable reserves: +€18,500
- Gross operating margin -€2,244
down €2,244 (-7.6%), from €29,517 to €27,273
- Taxes -€464
down €464 (-5.1%), from €9,151 to €8,687
- Depreciation -€442
down €442 (-52.2%), from €847 to €405
- Financial income +€352
up €352 (+153.7%), from €229 to €581
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.
Cash bridge derived
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 | €344,099 | €361,065 | +€16,966 | +4.9% |
| Fixed assets | 21/28 | €1,015 | €610 | -€405 | -39.9% |
| Tangible fixed assets | 22/27 | €831 | €426 | -€405 | -48.7% |
| Land and buildings | 22 | €831 | €426 | -€405 | -48.7% |
| Financial fixed assets | 28 | €184 | €184 | = | 0.0% |
| Current assets | 29/58 | €343,084 | €360,455 | +€17,371 | +5.1% |
| Amounts receivable within one year | 40/41 | €16,648 | €15,401 | -€1,247 | -7.5% |
| Trade receivables | 40 | €15,730 | €13,915 | -€1,815 | -11.5% |
| Other amounts receivable | 41 | €918 | €1,486 | +€568 | +61.9% |
| Current investments | 50/53 | €217,200 | €217,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,236 | €127,854 | +€18,618 | +17.0% |
| Total equity and liabilities | 10/49 | €344,099 | €361,065 | +€16,966 | +4.9% |
| Equity | 10/15 | €329,378 | €348,040 | +€18,662 | +5.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €50,946 | €69,446 | +€18,500 | +36.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,246 | €2,246 | = | 0.0% |
| Distributable reserves | 133 | €42,500 | €61,000 | +€18,500 | +43.5% |
| Profit (loss) carried forward | 14 | €216,432 | €216,594 | +€162 | +0.1% |
| Amounts payable | 17/49 | €14,721 | €13,025 | -€1,696 | -11.5% |
| Amounts payable within one year | 42/48 | €14,721 | €13,025 | -€1,696 | -11.5% |
| Trade debts | 44 | €12,154 | €10,692 | -€1,462 | -12.0% |
| Suppliers | 440/4 | €12,154 | €10,692 | -€1,462 | -12.0% |
| Taxes, remuneration and social security | 45 | €2,544 | €2,325 | -€219 | -8.6% |
| Taxes | 450/3 | €2,544 | €2,325 | -€219 | -8.6% |
| Other amounts payable | 47/48 | €23 | €8 | -€15 | -65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €847 | €405 | -€442 | -52.2% |
| Other operating charges | 640/8 | €72 | €76 | +€4 | +5.6% |
| Gross operating margin | 9900 | €29,517 | €27,273 | -€2,244 | -7.6% |
| Operating profit (loss) | 9901 | €28,598 | €26,792 | -€1,806 | -6.3% |
| Financial income | 75/76B | €229 | €581 | +€352 | +153.7% |
| Recurring financial income | 75 | €229 | €581 | +€352 | +153.7% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €28,803 | €27,349 | -€1,454 | -5.0% |
| Income taxes | 67/77 | €9,151 | €8,687 | -€464 | -5.1% |
| Profit (loss) for the period | 9904 | €19,652 | €18,662 | -€990 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,652 | €18,662 | -€990 | -5.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.