SOBAR: 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.
SOBAR
Largest movements
- Tangible fixed assets -€10,223
down €10,223 (-6.7%), from €151,821 to €141,598
- Cash +€5,827
up €5,827 (+9.6%), from €60,666 to €66,493
mainly Depreciation (+€10,223)
- Tax, wage and social debts -€2,700
no longer reported in 2025 (was €2,700)
- Depreciation -€4,247
down €4,247 (-29.3%), from €14,470 to €10,223
- Gross operating margin -€3,872
down €3,872 (-29.6%), from €13,102 to €9,230
- Other operating charges -€1,219
down €1,219 (-41.8%), from €2,912 to €1,693
- Financial charges -€598
down €598, from €43 to -€555
- Taxes +€197
up €197 (+583.2%), from €34 to €230
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 | €217,062 | €212,666 | -€4,396 | -2.0% |
| Fixed assets | 21/28 | €151,821 | €141,598 | -€10,223 | -6.7% |
| Tangible fixed assets | 22/27 | €151,821 | €141,598 | -€10,223 | -6.7% |
| Land and buildings | 22 | €151,821 | €141,598 | -€10,223 | -6.7% |
| Current assets | 29/58 | €65,241 | €71,068 | +€5,827 | +8.9% |
| Current investments | 50/53 | €4,575 | €4,575 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,666 | €66,493 | +€5,827 | +9.6% |
| Total equity and liabilities | 10/49 | €217,062 | €212,666 | -€4,396 | -2.0% |
| Equity | 10/15 | €59,836 | €59,251 | -€584 | -1.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €44,715 | €42,954 | -€1,761 | -3.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,860 | €41,099 | -€1,761 | -4.1% |
| Profit (loss) carried forward | 14 | -€3,430 | -€2,253 | +€1,177 | +34.3% |
| Provisions and deferred taxes | 16 | €26,472 | €25,384 | -€1,088 | -4.1% |
| Deferred taxes | 168 | €26,472 | €25,384 | -€1,088 | -4.1% |
| Amounts payable | 17/49 | €130,755 | €128,031 | -€2,724 | -2.1% |
| Amounts payable within one year | 42/48 | €130,755 | €128,031 | -€2,724 | -2.1% |
| Trade debts | 44 | €8,117 | €8,093 | -€24 | -0.3% |
| Suppliers | 440/4 | €8,117 | €8,093 | -€24 | -0.3% |
| Taxes, remuneration and social security | 45 | €2,700 | - | -€2,700 | |
| Taxes | 450/3 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €119,938 | €119,938 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,470 | €10,223 | -€4,247 | -29.3% |
| Other operating charges | 640/8 | €2,912 | €1,693 | -€1,219 | -41.8% |
| Gross operating margin | 9900 | €13,102 | €9,230 | -€3,872 | -29.6% |
| Operating profit (loss) | 9901 | -€4,280 | -€2,686 | +€1,594 | +37.2% |
| Financial income | 75/76B | €605 | €690 | +€84 | +13.9% |
| Recurring financial income | 75 | €605 | €690 | +€84 | +13.9% |
| Financial charges | 65/66B | €43 | -€555 | -€598 | |
| Recurring financial charges | 65 | €43 | -€555 | -€598 | |
| Profit (loss) for the period before taxes | 9903 | -€3,719 | -€1,442 | +€2,277 | +61.2% |
| Transfer from deferred taxes | 780 | €1,088 | €1,088 | = | 0.0% |
| Income taxes | 67/77 | €34 | €230 | +€197 | +583.2% |
| Profit (loss) for the period | 9904 | -€2,664 | -€584 | +€2,080 | +78.1% |
| Transfer from tax-exempt reserves | 789 | €1,761 | €1,761 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€903 | €1,177 | +€2,080 |
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 6 October 2026 via checked.be.