SOBADEL Consulting: 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.
SOBADEL Consulting
Largest movements
- Receivables after one year +€80,000
new in 2025: €80,000
- Cash -€30,215
down €30,215 (-50.2%), from €60,197 to €29,982
mainly Receivables after one year (-€80,000) and Receivables within one year (-€1,774)
- Current investments -€18,940
down €18,940 (-47.7%), from €39,700 to €20,760
- Deferred charges and accrued income -€3,414
down €3,414 (-99.5%), from €3,431 to €18
- Receivables within one year +€1,774
up €1,774 (+20.4%), from €8,712 to €10,486
of which Other amounts receivable: +€1,048
- Reserves +€26,476
up €26,476 (+30.8%), from €85,891 to €112,366
of which Distributable reserves: +€26,476
- Trade debts +€4,630
up €4,630 (+864%), from €536 to €5,166
- Other debts -€1,727
down €1,727 (-29.6%), from €5,841 to €4,114
- Gross operating margin +€1,842
up €1,842 (+5.0%), from €36,513 to €38,355
- Financial income +€1,617
up €1,617 (+6,737%), from €24 to €1,641
- Taxes +€700
up €700 (+6.8%), from €10,327 to €11,028
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 | €115,021 | €143,877 | +€28,855 | +25.1% |
| Fixed assets | 21/28 | €2,981 | €2,630 | -€351 | -11.8% |
| Tangible fixed assets | 22/27 | €2,981 | €2,630 | -€351 | -11.8% |
| Other tangible fixed assets | 26 | €2,981 | €2,630 | -€351 | -11.8% |
| Current assets | 29/58 | €112,041 | €141,247 | +€29,206 | +26.1% |
| Amounts receivable after more than one year | 29 | - | €80,000 | +€80,000 | |
| Other amounts receivable | 291 | - | €80,000 | +€80,000 | |
| Amounts receivable within one year | 40/41 | €8,712 | €10,486 | +€1,774 | +20.4% |
| Trade receivables | 40 | €8,712 | €9,438 | +€726 | +8.3% |
| Other amounts receivable | 41 | €0 | €1,048 | +€1,048 | |
| Current investments | 50/53 | €39,700 | €20,760 | -€18,940 | -47.7% |
| Cash at bank and in hand | 54/58 | €60,197 | €29,982 | -€30,215 | -50.2% |
| Deferred charges and accrued income | 490/1 | €3,431 | €18 | -€3,414 | -99.5% |
| Total equity and liabilities | 10/49 | €115,021 | €143,877 | +€28,855 | +25.1% |
| Equity | 10/15 | €104,491 | €130,966 | +€26,476 | +25.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,891 | €112,366 | +€26,476 | +30.8% |
| Non-distributable reserves | 130/1 | €624 | €624 | = | 0.0% |
| Reserves not available under the articles | 1311 | €624 | €624 | = | 0.0% |
| Distributable reserves | 133 | €85,267 | €111,743 | +€26,476 | +31.1% |
| Amounts payable | 17/49 | €10,531 | €12,911 | +€2,380 | +22.6% |
| Amounts payable within one year | 42/48 | €10,531 | €12,911 | +€2,380 | +22.6% |
| Trade debts | 44 | €536 | €5,166 | +€4,630 | +864% |
| Suppliers | 440/4 | €536 | €5,166 | +€4,630 | +864% |
| Taxes, remuneration and social security | 45 | €4,154 | €3,631 | -€523 | -12.6% |
| Taxes | 450/3 | €4,154 | €3,631 | -€523 | -12.6% |
| Other amounts payable | 47/48 | €5,841 | €4,114 | -€1,727 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €351 | €351 | = | 0.0% |
| Other operating charges | 640/8 | €430 | €395 | -€35 | -8.1% |
| Gross operating margin | 9900 | €36,513 | €38,355 | +€1,842 | +5.0% |
| Operating profit (loss) | 9901 | €35,732 | €37,609 | +€1,877 | +5.3% |
| Financial income | 75/76B | €24 | €1,641 | +€1,617 | +6,737% |
| Recurring financial income | 75 | €24 | €1,641 | +€1,617 | +6,737% |
| Financial charges | 65/66B | €75 | €81 | +€6 | +7.9% |
| Recurring financial charges | 65 | €75 | €81 | +€6 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €35,681 | €39,169 | +€3,488 | +9.8% |
| Income taxes | 67/77 | €10,327 | €11,028 | +€700 | +6.8% |
| Profit (loss) for the period | 9904 | €25,354 | €28,142 | +€2,787 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,354 | €28,142 | +€2,787 | +11.0% |
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 18 October 2026 via checked.be.