SOBELHOR: 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.
SOBELHOR
Largest movements
- Cash +€33,243
up €33,243 (+477.5%), from €6,962 to €40,204
mainly Trade debts (+€140,371) and Depreciation (+€12,406)
- Receivables within one year +€16,975
up €16,975 (+20.4%), from €83,332 to €100,308
of which Other amounts receivable: +€9,200
- Tangible fixed assets -€9,785
down €9,785 (-53.1%), from €18,441 to €8,656
- Trade debts +€140,371
up €140,371 (+214.2%), from €65,545 to €205,916
- Profit (loss) carried forward -€99,374
down €99,374 (-39.0%), from -€254,879 to -€354,253
- Other debts -€2,536
down €2,536 (-1.1%), from €231,512 to €228,976
- Gross operating margin -€59,871
down €59,871 (-90.6%), from €66,073 to €6,202
- Staff costs -€6,831
down €6,831 (-7.3%), from €93,059 to €86,227
- Depreciation -€2,317
down €2,317 (-15.7%), from €14,723 to €12,406
- Financial charges -€1,276
down €1,276 (-24.9%), from €5,117 to €3,841
- Financial income -€833
down €833 (-93.2%), from €894 to €61
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,197 | €227,629 | +€40,433 | +21.6% |
| Fixed assets | 21/28 | €18,501 | €8,716 | -€9,785 | -52.9% |
| Tangible fixed assets | 22/27 | €18,441 | €8,656 | -€9,785 | -53.1% |
| Plant, machinery and equipment | 23 | €18,441 | €8,656 | -€9,785 | -53.1% |
| Financial fixed assets | 28 | €61 | €61 | = | 0.0% |
| Current assets | 29/58 | €168,695 | €218,913 | +€50,218 | +29.8% |
| Stocks and contracts in progress | 3 | €78,401 | €78,401 | = | 0.0% |
| Stocks | 30/36 | €78,401 | €78,401 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €83,332 | €100,308 | +€16,975 | +20.4% |
| Trade receivables | 40 | €71,728 | €79,504 | +€7,775 | +10.8% |
| Other amounts receivable | 41 | €11,604 | €20,804 | +€9,200 | +79.3% |
| Cash at bank and in hand | 54/58 | €6,962 | €40,204 | +€33,243 | +477.5% |
| Total equity and liabilities | 10/49 | €187,197 | €227,629 | +€40,433 | +21.6% |
| Equity | 10/15 | -€124,428 | -€223,802 | -€99,374 | -79.9% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Reserves | 13 | €11,859 | €11,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,859 | €0 | -€11,859 | -100.0% |
| Reserves not available under the articles | 1311 | €11,859 | €0 | -€11,859 | -100.0% |
| Distributable reserves | 133 | - | €11,859 | +€11,859 | |
| Profit (loss) carried forward | 14 | -€254,879 | -€354,253 | -€99,374 | -39.0% |
| Amounts payable | 17/49 | €311,625 | €451,431 | +€139,807 | +44.9% |
| Amounts payable within one year | 42/48 | €307,285 | €447,091 | +€139,807 | +45.5% |
| Trade debts | 44 | €65,545 | €205,916 | +€140,371 | +214.2% |
| Suppliers | 440/4 | €65,545 | €205,916 | +€140,371 | +214.2% |
| Taxes, remuneration and social security | 45 | €10,228 | €12,199 | +€1,971 | +19.3% |
| Taxes | 450/3 | €834 | €1,284 | +€451 | +54.1% |
| Remuneration and social security | 454/9 | €9,394 | €10,915 | +€1,521 | +16.2% |
| Other amounts payable | 47/48 | €231,512 | €228,976 | -€2,536 | -1.1% |
| Accrued charges and deferred income | 492/3 | €4,340 | €4,340 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €93,059 | €86,227 | -€6,831 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,723 | €12,406 | -€2,317 | -15.7% |
| Other operating charges | 640/8 | €3,368 | €2,711 | -€657 | -19.5% |
| Gross operating margin | 9900 | €66,073 | €6,202 | -€59,871 | -90.6% |
| Operating profit (loss) | 9901 | -€45,076 | -€95,143 | -€50,066 | -111.1% |
| Financial income | 75/76B | €894 | €61 | -€833 | -93.2% |
| Recurring financial income | 75 | €894 | €61 | -€833 | -93.2% |
| Financial charges | 65/66B | €5,117 | €3,841 | -€1,276 | -24.9% |
| Recurring financial charges | 65 | €5,117 | €3,841 | -€1,276 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | -€49,299 | -€98,923 | -€49,624 | -100.7% |
| Income taxes | 67/77 | €430 | €451 | +€21 | +4.8% |
| Profit (loss) for the period | 9904 | -€49,729 | -€99,374 | -€49,644 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,729 | -€99,374 | -€49,644 | -99.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.