SoBayFRo: 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.
SoBayFRo
Largest movements
- Receivables after one year +€20,150
up €20,150 (+128%), from €15,796 to €35,946
- Cash +€3,587
up €3,587 (+77.0%), from €4,657 to €8,244
mainly Net result for the year (+€30,019) and Other debts (+€17,850)
- Tangible fixed assets -€1,631
down €1,631 (-49.8%), from €3,277 to €1,646
- Receivables within one year +€1,339
up €1,339 (+19.1%), from €6,998 to €8,336
of which Trade receivables: +€2,559
- Deferred charges and accrued income +€585
new in 2025: €585
- Other debts +€17,850
up €17,850 (+233%), from €7,650 to €25,500
- Tax, wage and social debts +€6,166
up €6,166 (+101%), from €6,107 to €12,273
- Gross operating margin +€14,383
up €14,383 (+53.9%), from €26,699 to €41,082
- Taxes +€2,494
up €2,494 (+41.4%), from €6,023 to €8,517
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 | €30,727 | €54,756 | +€24,029 | +78.2% |
| Fixed assets | 21/28 | €3,277 | €1,646 | -€1,631 | -49.8% |
| Tangible fixed assets | 22/27 | €3,277 | €1,646 | -€1,631 | -49.8% |
| Furniture and vehicles | 24 | €3,277 | €1,646 | -€1,631 | -49.8% |
| Current assets | 29/58 | €27,450 | €53,111 | +€25,660 | +93.5% |
| Amounts receivable after more than one year | 29 | €15,796 | €35,946 | +€20,150 | +128% |
| Other amounts receivable | 291 | €15,796 | €35,946 | +€20,150 | +128% |
| Amounts receivable within one year | 40/41 | €6,998 | €8,336 | +€1,339 | +19.1% |
| Trade receivables | 40 | €5,778 | €8,336 | +€2,559 | +44.3% |
| Other amounts receivable | 41 | €1,220 | - | -€1,220 | |
| Cash at bank and in hand | 54/58 | €4,657 | €8,244 | +€3,587 | +77.0% |
| Deferred charges and accrued income | 490/1 | - | €585 | +€585 | |
| Total equity and liabilities | 10/49 | €30,727 | €54,756 | +€24,029 | +78.2% |
| Equity | 10/15 | €16,915 | €16,933 | +€19 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,715 | €10,733 | +€19 | +0.2% |
| Amounts payable | 17/49 | €13,813 | €37,823 | +€24,010 | +174% |
| Amounts payable within one year | 42/48 | €13,813 | €37,823 | +€24,010 | +174% |
| Trade debts | 44 | €56 | €50 | -€6 | -10.4% |
| Suppliers | 440/4 | €56 | €50 | -€6 | -10.4% |
| Taxes, remuneration and social security | 45 | €6,107 | €12,273 | +€6,166 | +101% |
| Taxes | 450/3 | €6,107 | €12,273 | +€6,166 | +101% |
| Other amounts payable | 47/48 | €7,650 | €25,500 | +€17,850 | +233% |
| Non-recurring operating income | 76A | - | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,836 | €1,672 | -€164 | -8.9% |
| Other operating charges | 640/8 | €673 | €904 | +€231 | +34.3% |
| Gross operating margin | 9900 | €26,699 | €41,082 | +€14,383 | +53.9% |
| Operating profit (loss) | 9901 | €24,190 | €38,506 | +€14,317 | +59.2% |
| Financial income | 75/76B | €50 | €95 | +€45 | +89.9% |
| Recurring financial income | 75 | €50 | €95 | +€45 | +89.9% |
| Financial charges | 65/66B | €140 | €66 | -€74 | -53.0% |
| Recurring financial charges | 65 | €140 | €66 | -€74 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €24,100 | €38,536 | +€14,436 | +59.9% |
| Income taxes | 67/77 | €6,023 | €8,517 | +€2,494 | +41.4% |
| Profit (loss) for the period | 9904 | €18,076 | €30,019 | +€11,942 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,076 | €30,019 | +€11,942 | +66.1% |
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 22 October 2026 via checked.be.