SOBELMA: 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.
SOBELMA
Largest movements
- Cash -€23,815
down €23,815 (-21.7%), from €109,851 to €86,036
mainly Net result for the year (-€11,935) and Trade debts (-€7,856)
- Receivables within one year +€5,172
up €5,172 (+47.4%), from €10,923 to €16,096
- Tangible fixed assets -€5,023
no longer reported in 2024 (was €5,023)
- Profit (loss) carried forward -€11,935
down €11,935 (-38.8%), from €30,781 to €18,846
- Trade debts -€7,856
down €7,856 (-69.3%), from €11,340 to €3,485
- Other debts -€2,337
down €2,337 (-3.0%), from €77,150 to €74,813
- Tax, wage and social debts -€1,811
down €1,811 (-24.7%), from €7,329 to €5,518
- Gross operating margin -€7,792
down €7,792, from €1,185 to -€6,607
- Depreciation -€1,005
down €1,005 (-16.7%), from €6,027 to €5,023
- Financial income +€422
up €422 (+166.2%), from €254 to €675
- Financial charges -€421
down €421 (-68.9%), from €612 to €190
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 | €147,061 | €123,122 | -€23,939 | -16.3% |
| Fixed assets | 21/28 | €5,023 | - | -€5,023 | |
| Tangible fixed assets | 22/27 | €5,023 | - | -€5,023 | |
| Furniture and vehicles | 24 | €5,023 | - | -€5,023 | |
| Current assets | 29/58 | €142,039 | €123,122 | -€18,917 | -13.3% |
| Amounts receivable within one year | 40/41 | €10,923 | €16,096 | +€5,172 | +47.4% |
| Trade receivables | 40 | €10,923 | €16,096 | +€5,172 | +47.4% |
| Current investments | 50/53 | €19,314 | €19,314 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,851 | €86,036 | -€23,815 | -21.7% |
| Deferred charges and accrued income | 490/1 | €1,951 | €1,677 | -€274 | -14.0% |
| Total equity and liabilities | 10/49 | €147,061 | €123,122 | -€23,939 | -16.3% |
| Equity | 10/15 | €51,241 | €39,306 | -€11,935 | -23.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,781 | €18,846 | -€11,935 | -38.8% |
| Amounts payable | 17/49 | €95,820 | €83,816 | -€12,004 | -12.5% |
| Amounts payable within one year | 42/48 | €95,820 | €83,816 | -€12,004 | -12.5% |
| Trade debts | 44 | €11,340 | €3,485 | -€7,856 | -69.3% |
| Suppliers | 440/4 | €11,340 | €3,485 | -€7,856 | -69.3% |
| Taxes, remuneration and social security | 45 | €7,329 | €5,518 | -€1,811 | -24.7% |
| Taxes | 450/3 | €7,329 | €5,518 | -€1,811 | -24.7% |
| Other amounts payable | 47/48 | €77,150 | €74,813 | -€2,337 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,027 | €5,023 | -€1,005 | -16.7% |
| Other operating charges | 640/8 | €797 | €790 | -€7 | -0.9% |
| Gross operating margin | 9900 | €1,185 | -€6,607 | -€7,792 | |
| Operating profit (loss) | 9901 | -€5,640 | -€12,420 | -€6,781 | -120.2% |
| Financial income | 75/76B | €254 | €675 | +€422 | +166.2% |
| Recurring financial income | 75 | €254 | €675 | +€422 | +166.2% |
| Financial charges | 65/66B | €612 | €190 | -€421 | -68.9% |
| Recurring financial charges | 65 | €612 | €190 | -€421 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,998 | -€11,935 | -€5,937 | -99.0% |
| Income taxes | 67/77 | €5 | - | -€5 | |
| Profit (loss) for the period | 9904 | -€6,003 | -€11,935 | -€5,933 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,003 | -€11,935 | -€5,933 | -98.8% |
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 1 October 2026 via checked.be.