SOBEAC: 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.
SOBEAC
Largest movements
- Tangible fixed assets +€1,242
up €1,242 (+300.0%), from €414 to €1,656
of which Furniture and vehicles: +€1,539
- Cash +€1,176
up €1,176 (+50.8%), from €2,317 to €3,493
mainly Net result for the year (+€2,918) and Receivables within one year (+€821)
- Profit (loss) carried forward +€2,918
up €2,918 (+33.7%), from -€8,663 to -€5,745
- Trade debts -€1,832
no longer reported in 2025 (was €1,832)
- Gross operating margin +€13,501
up €13,501, from -€8,016 to €5,485
- Taxes +€2,284
up €2,284 (+177.1%), from €1,290 to €3,573
- Financial income -€686
down €686 (-22.4%), from €3,063 to €2,378
- Depreciation +€261
up €261 (+88.0%), from €297 to €558
- Financial charges -€96
down €96 (-18.8%), from €509 to €413
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 | €104,255 | €105,852 | +€1,597 | +1.5% |
| Fixed assets | 21/28 | €414 | €1,656 | +€1,242 | +300.0% |
| Tangible fixed assets | 22/27 | €414 | €1,656 | +€1,242 | +300.0% |
| Furniture and vehicles | 24 | - | €1,539 | +€1,539 | |
| Other tangible fixed assets | 26 | €414 | €117 | -€297 | -71.7% |
| Current assets | 29/58 | €103,841 | €104,197 | +€355 | +0.3% |
| Amounts receivable within one year | 40/41 | €101,525 | €100,704 | -€821 | -0.8% |
| Trade receivables | 40 | - | €337 | +€337 | |
| Other amounts receivable | 41 | €101,525 | €100,367 | -€1,158 | -1.1% |
| Cash at bank and in hand | 54/58 | €2,317 | €3,493 | +€1,176 | +50.8% |
| Total equity and liabilities | 10/49 | €104,255 | €105,852 | +€1,597 | +1.5% |
| Equity | 10/15 | €62,544 | €65,462 | +€2,918 | +4.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €40,220 | €40,220 | = | 0.0% |
| Distributable reserves | 133 | €40,220 | €40,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,663 | -€5,745 | +€2,918 | +33.7% |
| Amounts payable | 17/49 | €41,711 | €40,391 | -€1,321 | -3.2% |
| Amounts payable within one year | 42/48 | €41,711 | €40,391 | -€1,321 | -3.2% |
| Trade debts | 44 | €1,832 | - | -€1,832 | |
| Suppliers | 440/4 | €1,832 | - | -€1,832 | |
| Taxes, remuneration and social security | 45 | €4,490 | €4,723 | +€234 | +5.2% |
| Taxes | 450/3 | €4,490 | €4,723 | +€234 | +5.2% |
| Other amounts payable | 47/48 | €35,390 | €35,667 | +€278 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297 | €558 | +€261 | +88.0% |
| Other operating charges | 640/8 | €397 | €400 | +€3 | +0.7% |
| Gross operating margin | 9900 | -€8,016 | €5,485 | +€13,501 | |
| Operating profit (loss) | 9901 | -€8,710 | €4,527 | +€13,237 | |
| Financial income | 75/76B | €3,063 | €2,378 | -€686 | -22.4% |
| Recurring financial income | 75 | €3,063 | €2,378 | -€686 | -22.4% |
| Financial charges | 65/66B | €509 | €413 | -€96 | -18.8% |
| Recurring financial charges | 65 | €509 | €413 | -€96 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,156 | €6,491 | +€12,647 | |
| Income taxes | 67/77 | €1,290 | €3,573 | +€2,284 | +177.1% |
| Profit (loss) for the period | 9904 | -€7,446 | €2,918 | +€10,364 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,446 | €2,918 | +€10,364 |
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 9 October 2026 via checked.be.