SOBECOM: 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.
SOBECOM
Largest movements
- Tangible fixed assets -€79,436
down €79,436 (-13.1%), from €608,382 to €528,946
of which Plant, machinery and equipment: -€46,982
- Receivables within one year +€57,089
up €57,089 (+32.2%), from €177,111 to €234,200
of which Trade receivables: +€47,781
- Debts after one year -€76,206
down €76,206 (-22.6%), from €337,385 to €261,179
- Profit (loss) carried forward +€30,879
up €30,879 (+5.9%), from €523,810 to €554,688
- Other debts +€14,000
up €14,000 (+35.0%), from €40,000 to €54,000
- Gross operating margin -€29,890
down €29,890 (-10.2%), from €292,113 to €262,222
- Depreciation +€14,666
up €14,666 (+21.8%), from €67,131 to €81,797
- Other operating charges +€12,277
up €12,277 (+164%), from €7,506 to €19,782
- Financial income -€12,158
down €12,158 (-76.0%), from €15,996 to €3,838
- Taxes -€11,046
down €11,046 (-44.6%), from €24,779 to €13,733
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 | €1,077,753 | €1,050,026 | -€27,726 | -2.6% |
| Fixed assets | 21/28 | €608,382 | €528,946 | -€79,436 | -13.1% |
| Tangible fixed assets | 22/27 | €608,382 | €528,946 | -€79,436 | -13.1% |
| Land and buildings | 22 | €370,249 | €352,500 | -€17,749 | -4.8% |
| Plant, machinery and equipment | 23 | €180,558 | €133,576 | -€46,982 | -26.0% |
| Furniture and vehicles | 24 | €57,575 | €42,870 | -€14,705 | -25.5% |
| Current assets | 29/58 | €469,371 | €521,081 | +€51,710 | +11.0% |
| Amounts receivable within one year | 40/41 | €177,111 | €234,200 | +€57,089 | +32.2% |
| Trade receivables | 40 | €172,401 | €220,182 | +€47,781 | +27.7% |
| Other amounts receivable | 41 | €4,710 | €14,018 | +€9,308 | +198% |
| Current investments | 50/53 | €145,401 | €145,952 | +€551 | +0.4% |
| Cash at bank and in hand | 54/58 | €137,947 | €132,110 | -€5,837 | -4.2% |
| Deferred charges and accrued income | 490/1 | €8,912 | €8,819 | -€93 | -1.0% |
| Total equity and liabilities | 10/49 | €1,077,753 | €1,050,026 | -€27,726 | -2.6% |
| Equity | 10/15 | €560,266 | €597,505 | +€37,239 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €523,810 | €554,688 | +€30,879 | +5.9% |
| Investment grants | 15 | €15,996 | €22,357 | +€6,360 | +39.8% |
| Amounts payable | 17/49 | €517,487 | €452,522 | -€64,965 | -12.6% |
| Amounts payable after more than one year | 17 | €337,385 | €261,179 | -€76,206 | -22.6% |
| Financial debts | 170/4 | €337,385 | €261,179 | -€76,206 | -22.6% |
| Amounts payable within one year | 42/48 | €180,101 | €191,343 | +€11,241 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €74,557 | €76,589 | +€2,032 | +2.7% |
| Trade debts | 44 | €13,393 | €5,575 | -€7,818 | -58.4% |
| Suppliers | 440/4 | €13,393 | €5,575 | -€7,818 | -58.4% |
| Taxes, remuneration and social security | 45 | €52,151 | €55,179 | +€3,028 | +5.8% |
| Taxes | 450/3 | €29,934 | €30,805 | +€872 | +2.9% |
| Remuneration and social security | 454/9 | €22,218 | €24,374 | +€2,156 | +9.7% |
| Other amounts payable | 47/48 | €40,000 | €54,000 | +€14,000 | +35.0% |
| Non-recurring operating income | 76A | €2,542 | €0 | -€2,542 | -100% |
| Remuneration, social security and pensions | 62 | €82,362 | €91,585 | +€9,222 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,131 | €81,797 | +€14,666 | +21.8% |
| Other operating charges | 640/8 | €7,506 | €19,782 | +€12,277 | +164% |
| Gross operating margin | 9900 | €292,113 | €262,222 | -€29,890 | -10.2% |
| Operating profit (loss) | 9901 | €135,114 | €69,058 | -€66,055 | -48.9% |
| Financial income | 75/76B | €15,996 | €3,838 | -€12,158 | -76.0% |
| Recurring financial income | 75 | €15,996 | €3,838 | -€12,158 | -76.0% |
| Financial charges | 65/66B | €9,266 | €8,285 | -€981 | -10.6% |
| Recurring financial charges | 65 | €9,266 | €8,285 | -€981 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €141,844 | €64,611 | -€77,232 | -54.4% |
| Income taxes | 67/77 | €24,779 | €13,733 | -€11,046 | -44.6% |
| Profit (loss) for the period | 9904 | €117,065 | €50,879 | -€66,186 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €117,065 | €50,879 | -€66,186 | -56.5% |
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 19 October 2026 via checked.be.