SOBECAL: 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.
SOBECAL
Largest movements
- Receivables within one year -€77,859
down €77,859 (-35.5%), from €219,462 to €141,603
of which Trade receivables: -€85,925
- Cash +€64,303
up €64,303 (+58.7%), from €109,517 to €173,821
mainly Receivables within one year (+€77,859) and Net result for the year (+€35,381)
- Stocks and contracts +€35,377
up €35,377 (+125.0%), from €28,302 to €63,679
- Tangible fixed assets -€21,950
down €21,950 (-26.8%), from €81,970 to €60,019
of which Furniture and vehicles: -€21,950
- Trade debts -€45,370
down €45,370 (-24.0%), from €188,959 to €143,589
- Reserves +€35,000
up €35,000 (+150.1%), from €23,312 to €58,312
of which Distributable reserves: +€35,000
- Tax, wage and social debts +€16,308
up €16,308 (+664.1%), from €2,456 to €18,763
- Debts after one year -€6,730
down €6,730 (-56.3%), from €11,956 to €5,225
- Gross operating margin +€56,533
up €56,533 (+145.7%), from €38,805 to €95,338
- Taxes +€16,308
up €16,308 (+664.1%), from €2,456 to €18,763
- Depreciation +€11,464
up €11,464 (+57.4%), from €19,986 to €31,450
- Staff costs -€1,673
down €1,673, from €1,075 to -€598
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 | €439,276 | €439,147 | -€128 | 0.0% |
| Fixed assets | 21/28 | €81,995 | €60,044 | -€21,950 | -26.8% |
| Tangible fixed assets | 22/27 | €81,970 | €60,019 | -€21,950 | -26.8% |
| Land and buildings | 22 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €81,970 | €60,019 | -€21,950 | -26.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €357,281 | €379,103 | +€21,822 | +6.1% |
| Stocks and contracts in progress | 3 | €28,302 | €63,679 | +€35,377 | +125.0% |
| Stocks | 30/36 | €28,302 | €63,679 | +€35,377 | +125.0% |
| Amounts receivable within one year | 40/41 | €219,462 | €141,603 | -€77,859 | -35.5% |
| Trade receivables | 40 | €184,295 | €98,370 | -€85,925 | -46.6% |
| Other amounts receivable | 41 | €35,167 | €43,233 | +€8,066 | +22.9% |
| Cash at bank and in hand | 54/58 | €109,517 | €173,821 | +€64,303 | +58.7% |
| Total equity and liabilities | 10/49 | €439,276 | €439,147 | -€128 | 0.0% |
| Equity | 10/15 | €148,113 | €183,494 | +€35,381 | +23.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €23,312 | €58,312 | +€35,000 | +150.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €588 | €588 | = | 0.0% |
| Distributable reserves | 133 | €20,865 | €55,865 | +€35,000 | +167.7% |
| Profit (loss) carried forward | 14 | €106,209 | €106,590 | +€381 | +0.4% |
| Amounts payable | 17/49 | €291,162 | €255,653 | -€35,509 | -12.2% |
| Amounts payable after more than one year | 17 | €11,956 | €5,225 | -€6,730 | -56.3% |
| Financial debts | 170/4 | €11,956 | €5,225 | -€6,730 | -56.3% |
| Amounts payable within one year | 42/48 | €274,018 | €245,239 | -€28,779 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €81,995 | €82,278 | +€283 | +0.3% |
| Trade debts | 44 | €188,959 | €143,589 | -€45,370 | -24.0% |
| Suppliers | 440/4 | €188,959 | €143,589 | -€45,370 | -24.0% |
| Taxes, remuneration and social security | 45 | €2,456 | €18,763 | +€16,308 | +664.1% |
| Taxes | 450/3 | €2,456 | €18,763 | +€16,308 | +664.1% |
| Other amounts payable | 47/48 | €608 | €608 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,189 | €5,189 | = | 0.0% |
| Non-recurring operating income | 76A | €11,488 | €826 | -€10,661 | -92.8% |
| Remuneration, social security and pensions | 62 | €1,075 | -€598 | -€1,673 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,986 | €31,450 | +€11,464 | +57.4% |
| Other operating charges | 640/8 | €3,509 | €4,203 | +€694 | +19.8% |
| Gross operating margin | 9900 | €38,805 | €95,338 | +€56,533 | +145.7% |
| Operating profit (loss) | 9901 | €14,235 | €60,282 | +€46,048 | +323.5% |
| Financial income | 75/76B | €6 | €35 | +€29 | +458.9% |
| Recurring financial income | 75 | €6 | €35 | +€29 | +458.9% |
| Financial charges | 65/66B | €5,709 | €6,173 | +€464 | +8.1% |
| Recurring financial charges | 65 | €5,709 | €6,173 | +€464 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €8,531 | €54,144 | +€45,613 | +534.6% |
| Income taxes | 67/77 | €2,456 | €18,763 | +€16,308 | +664.1% |
| Profit (loss) for the period | 9904 | €6,076 | €35,381 | +€29,305 | +482.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,076 | €35,381 | +€29,305 | +482.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.