SOBAST: 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.
SOBAST
Largest movements
- Tangible fixed assets -€20,500
down €20,500 (-4.8%), from €424,500 to €404,000
- Cash +€19,008
up €19,008 (+90.0%), from €21,128 to €40,136
mainly Net result for the year (+€32,165) and Depreciation (+€20,500)
- Reserves +€32,165
up €32,165 (+56.6%), from €56,809 to €88,974
of which Distributable reserves: +€34,025
- Trade debts -€17,787
down €17,787 (-41.8%), from €42,558 to €24,771
of which Suppliers: -€41,403
- Tax, wage and social debts -€17,145
down €17,145 (-60.1%), from €28,528 to €11,383
of which Remuneration and social security: -€9,780
No income-statement line moved by more than 1% of the activity.
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 | €465,356 | €462,590 | -€2,767 | -0.6% |
| Fixed assets | 21/28 | €424,500 | €404,000 | -€20,500 | -4.8% |
| Tangible fixed assets | 22/27 | €424,500 | €404,000 | -€20,500 | -4.8% |
| Land and buildings | 22 | €424,500 | €404,000 | -€20,500 | -4.8% |
| Current assets | 29/58 | €40,856 | €58,590 | +€17,733 | +43.4% |
| Amounts receivable within one year | 40/41 | €19,389 | €18,105 | -€1,284 | -6.6% |
| Trade receivables | 40 | €18,590 | €17,116 | -€1,474 | -7.9% |
| Other amounts receivable | 41 | €799 | €989 | +€190 | +23.8% |
| Cash at bank and in hand | 54/58 | €21,128 | €40,136 | +€19,008 | +90.0% |
| Deferred charges and accrued income | 490/1 | €339 | €348 | +€9 | +2.7% |
| Total equity and liabilities | 10/49 | €465,356 | €462,590 | -€2,767 | -0.6% |
| Equity | 10/15 | €165,066 | €197,231 | +€32,165 | +19.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €56,809 | €88,974 | +€32,165 | +56.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €54,949 | €88,974 | +€34,025 | +61.9% |
| Profit (loss) carried forward | 14 | €89,657 | €89,657 | = | 0.0% |
| Provisions and deferred taxes | 16 | €3,000 | €3,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,000 | €3,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €297,290 | €262,358 | -€34,932 | -11.8% |
| Amounts payable within one year | 42/48 | €280,698 | €245,766 | -€34,932 | -12.4% |
| Trade debts | 44 | €42,558 | €24,771 | -€17,787 | -41.8% |
| Suppliers | 440/4 | €42,558 | €1,155 | -€41,403 | -97.3% |
| Bills of exchange payable | 441 | - | €23,616 | +€23,616 | |
| Taxes, remuneration and social security | 45 | €28,528 | €11,383 | -€17,145 | -60.1% |
| Taxes | 450/3 | €15,464 | €8,100 | -€7,364 | -47.6% |
| Remuneration and social security | 454/9 | €13,064 | €3,284 | -€9,780 | -74.9% |
| Other amounts payable | 47/48 | €209,612 | €209,612 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €16,592 | €16,592 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,500 | €20,500 | = | 0.0% |
| Other operating charges | 640/8 | €3,281 | €3,150 | -€131 | -4.0% |
| Gross operating margin | 9900 | €67,442 | €67,876 | +€434 | +0.6% |
| Operating profit (loss) | 9901 | €43,661 | €44,226 | +€565 | +1.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €323 | €0 | -€323 | -100.0% |
| Recurring financial charges | 65 | €323 | €0 | -€323 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €43,338 | €44,227 | +€889 | +2.1% |
| Income taxes | 67/77 | €12,038 | €12,062 | +€24 | +0.2% |
| Profit (loss) for the period | 9904 | €31,300 | €32,165 | +€865 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,300 | €32,165 | +€865 | +2.8% |
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 1 October 2026 via checked.be.