SOBEBAT: 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.
SOBEBAT
Largest movements
- Receivables within one year +€224,961
up €224,961 (+76.7%), from €293,489 to €518,451
of which Other amounts receivable: +€225,704
- Tangible fixed assets -€15,907
down €15,907 (-24.6%), from €64,539 to €48,632
of which Furniture and vehicles: -€15,907
- Cash -€7,488
down €7,488 (-100%), from €7,488 to €0
mainly Receivables within one year (-€224,961) and Trade debts (-€75,757)
- Reserves +€120,399
up €120,399 (+75.2%), from €160,161 to €280,560
- Tax, wage and social debts +€103,627
up €103,627 (+237%), from €43,734 to €147,360
of which Taxes: +€103,627
- Trade debts -€75,757
down €75,757 (-61.5%), from €123,169 to €47,412
- Other debts +€62,309
up €62,309 (+746%), from €8,356 to €70,666
- Current portion of long-term debt -€7,518
down €7,518 (-61.0%), from €12,332 to €4,814
- Gross operating margin +€182,003
up €182,003 (+165%), from €110,364 to €292,367
- Taxes +€64,043
up €64,043 (+177%), from €36,185 to €100,228
- Financial income +€7,226
up €7,226 (+51.3%), from €14,090 to €21,317
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 | €365,516 | €567,082 | +€201,566 | +55.1% |
| Fixed assets | 21/28 | €64,539 | €48,632 | -€15,907 | -24.6% |
| Tangible fixed assets | 22/27 | €64,539 | €48,632 | -€15,907 | -24.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €64,539 | €48,632 | -€15,907 | -24.6% |
| Current assets | 29/58 | €300,977 | €518,451 | +€217,474 | +72.3% |
| Amounts receivable within one year | 40/41 | €293,489 | €518,451 | +€224,961 | +76.7% |
| Trade receivables | 40 | €15,513 | €14,770 | -€743 | -4.8% |
| Other amounts receivable | 41 | €277,977 | €503,681 | +€225,704 | +81.2% |
| Cash at bank and in hand | 54/58 | €7,488 | €0 | -€7,488 | -100% |
| Total equity and liabilities | 10/49 | €365,516 | €567,082 | +€201,566 | +55.1% |
| Equity | 10/15 | €175,041 | €295,440 | +€120,399 | +68.8% |
| Contributions | 10/11 | €14,880 | €14,880 | = | 0.0% |
| Reserves | 13 | €160,161 | €280,560 | +€120,399 | +75.2% |
| Distributable reserves | 133 | €160,161 | €280,560 | +€120,399 | +75.2% |
| Amounts payable | 17/49 | €190,475 | €271,642 | +€81,167 | +42.6% |
| Amounts payable after more than one year | 17 | €2,884 | €0 | -€2,884 | -100% |
| Financial debts | 170/4 | €2,884 | €0 | -€2,884 | -100% |
| Amounts payable within one year | 42/48 | €187,591 | €271,642 | +€84,051 | +44.8% |
| Current portion of amounts payable after more than one year | 42 | €12,332 | €4,814 | -€7,518 | -61.0% |
| Financial debts | 43 | - | €1,390 | +€1,390 | |
| Credit institutions | 430/8 | - | €1,390 | +€1,390 | |
| Trade debts | 44 | €123,169 | €47,412 | -€75,757 | -61.5% |
| Suppliers | 440/4 | €123,169 | €47,412 | -€75,757 | -61.5% |
| Taxes, remuneration and social security | 45 | €43,734 | €147,360 | +€103,627 | +237% |
| Taxes | 450/3 | €43,734 | €147,360 | +€103,627 | +237% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,356 | €70,666 | +€62,309 | +746% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,612 | €15,907 | +€296 | +1.9% |
| Other operating charges | 640/8 | €1,374 | €1,056 | -€318 | -23.1% |
| Gross operating margin | 9900 | €110,364 | €292,367 | +€182,003 | +165% |
| Operating profit (loss) | 9901 | €93,379 | €275,404 | +€182,026 | +195% |
| Financial income | 75/76B | €14,090 | €21,317 | +€7,226 | +51.3% |
| Recurring financial income | 75 | €14,090 | €21,317 | +€7,226 | +51.3% |
| Financial charges | 65/66B | €4,066 | €4,937 | +€870 | +21.4% |
| Recurring financial charges | 65 | €4,066 | €4,937 | +€870 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €103,403 | €291,785 | +€188,382 | +182% |
| Income taxes | 67/77 | €36,185 | €100,228 | +€64,043 | +177% |
| Profit (loss) for the period | 9904 | €67,219 | €191,557 | +€124,339 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €67,219 | €191,557 | +€124,339 | +185% |
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 13 October 2026 via checked.be.