SOBALIB: 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.
SOBALIB
Largest movements
- Current investments -€450,000
down €450,000 (-100.0%), from €450,000 to €0
- Cash +€426,222
up €426,222 (+377.2%), from €112,987 to €539,209
mainly Current investments (+€450,000) and Net result for the year (+€35,185)
- Receivables within one year +€11,921
up €11,921 (+1573.2%), from €758 to €12,679
of which Trade receivables: +€12,627
- Tangible fixed assets +€7,726
up €7,726 (+32.3%), from €23,948 to €31,674
of which Land and buildings: +€8,165
- Tax, wage and social debts -€12,997
down €12,997 (-49.3%), from €26,357 to €13,360
- Reserves +€6,905
up €6,905 (+1.3%), from €516,105 to €523,010
of which Distributable reserves: +€6,905
- Other operating charges +€15,042
up €15,042 (+260.9%), from €5,766 to €20,807
- Gross operating margin +€13,668
up €13,668 (+22.6%), from €60,442 to €74,110
- Financial income -€13,584
down €13,584 (-72.5%), from €18,744 to €5,160
- Taxes -€1,885
down €1,885 (-8.0%), from €23,458 to €21,572
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 | €591,741 | €587,651 | -€4,090 | -0.7% |
| Fixed assets | 21/28 | €23,948 | €31,674 | +€7,726 | +32.3% |
| Tangible fixed assets | 22/27 | €23,948 | €31,674 | +€7,726 | +32.3% |
| Land and buildings | 22 | €23,467 | €31,632 | +€8,165 | +34.8% |
| Plant, machinery and equipment | 23 | €481 | €42 | -€439 | -91.2% |
| Current assets | 29/58 | €567,793 | €555,977 | -€11,816 | -2.1% |
| Amounts receivable within one year | 40/41 | €758 | €12,679 | +€11,921 | +1573.2% |
| Trade receivables | 40 | €0 | €12,627 | +€12,627 | |
| Other amounts receivable | 41 | €758 | €52 | -€705 | -93.1% |
| Current investments | 50/53 | €450,000 | €0 | -€450,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €112,987 | €539,209 | +€426,222 | +377.2% |
| Deferred charges and accrued income | 490/1 | €4,048 | €4,089 | +€41 | +1.0% |
| Total equity and liabilities | 10/49 | €591,741 | €587,651 | -€4,090 | -0.7% |
| Equity | 10/15 | €534,705 | €541,610 | +€6,905 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €516,105 | €523,010 | +€6,905 | +1.3% |
| Non-distributable reserves | 130/1 | €22,200 | €22,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,200 | €22,200 | = | 0.0% |
| Distributable reserves | 133 | €493,905 | €500,810 | +€6,905 | +1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,037 | €46,041 | -€10,996 | -19.3% |
| Amounts payable within one year | 42/48 | €50,787 | €40,043 | -€10,743 | -21.2% |
| Trade debts | 44 | €86 | €115 | +€29 | +34.2% |
| Suppliers | 440/4 | €86 | €115 | +€29 | +34.2% |
| Taxes, remuneration and social security | 45 | €26,357 | €13,360 | -€12,997 | -49.3% |
| Taxes | 450/3 | €26,357 | €13,360 | -€12,997 | -49.3% |
| Other amounts payable | 47/48 | €24,344 | €26,568 | +€2,224 | +9.1% |
| Accrued charges and deferred income | 492/3 | €6,250 | €5,998 | -€253 | -4.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €621 | €1,125 | +€504 | +81.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,766 | €20,807 | +€15,042 | +260.9% |
| Gross operating margin | 9900 | €60,442 | €74,110 | +€13,668 | +22.6% |
| Operating profit (loss) | 9901 | €54,055 | €52,177 | -€1,877 | -3.5% |
| Financial income | 75/76B | €18,744 | €5,160 | -€13,584 | -72.5% |
| Recurring financial income | 75 | €18,744 | €5,160 | -€13,584 | -72.5% |
| Financial charges | 65/66B | €122 | €581 | +€459 | +378.1% |
| Recurring financial charges | 65 | €122 | €581 | +€459 | +378.1% |
| Profit (loss) for the period before taxes | 9903 | €72,677 | €56,757 | -€15,920 | -21.9% |
| Income taxes | 67/77 | €23,458 | €21,572 | -€1,885 | -8.0% |
| Profit (loss) for the period | 9904 | €49,220 | €35,185 | -€14,035 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,220 | €35,185 | -€14,035 | -28.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.