SOBELREST: 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.
SOBELREST
Largest movements
- Cash +€124,606
up €124,606 (+34.3%), from €363,614 to €488,220
mainly Receivables within one year (+€113,453) and Net result for the year (+€97,810)
- Receivables within one year -€113,453
down €113,453 (-76.5%), from €148,224 to €34,771
of which Trade receivables: -€105,443
- Tangible fixed assets -€16,351
down €16,351 (-17.3%), from €94,743 to €78,392
of which Other tangible fixed assets: -€12,000
- Trade debts -€106,561
down €106,561 (-57.3%), from €185,834 to €79,273
- Other debts +€60,196
new in 2024: €60,196
- Profit (loss) carried forward +€47,812
up €47,812 (+24.3%), from €196,682 to €244,494
- Reserves -€16,081
down €16,081 (-12.2%), from €132,088 to €116,007
of which Distributable reserves: -€14,221
- Tax, wage and social debts +€10,987
up €10,987 (+16.9%), from €64,993 to €75,980
of which Taxes: +€9,662
- Gross operating margin +€68,163
up €68,163 (+23.9%), from €285,732 to €353,895
- Staff costs +€42,968
up €42,968 (+27.9%), from €154,039 to €197,007
- Taxes +€10,770
up €10,770 (+45.9%), from €23,472 to €34,242
- Other operating charges -€5,088
down €5,088 (-42.9%), from €11,873 to €6,785
- Depreciation +€4,100
up €4,100 (+46.0%), from €8,906 to €13,006
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 | €624,905 | €614,717 | -€10,188 | -1.6% |
| Fixed assets | 21/28 | €101,723 | €85,372 | -€16,351 | -16.1% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €94,743 | €78,392 | -€16,351 | -17.3% |
| Plant, machinery and equipment | 23 | €1,990 | €2,761 | +€771 | +38.7% |
| Furniture and vehicles | 24 | €21,503 | €16,381 | -€5,122 | -23.8% |
| Other tangible fixed assets | 26 | €71,250 | €59,250 | -€12,000 | -16.8% |
| Financial fixed assets | 28 | €6,980 | €6,980 | = | 0.0% |
| Current assets | 29/58 | €523,182 | €529,345 | +€6,163 | +1.2% |
| Stocks and contracts in progress | 3 | €7,807 | €6,354 | -€1,453 | -18.6% |
| Stocks | 30/36 | €7,807 | €6,354 | -€1,453 | -18.6% |
| Amounts receivable within one year | 40/41 | €148,224 | €34,771 | -€113,453 | -76.5% |
| Trade receivables | 40 | €139,600 | €34,157 | -€105,443 | -75.5% |
| Other amounts receivable | 41 | €8,624 | €614 | -€8,010 | -92.9% |
| Cash at bank and in hand | 54/58 | €363,614 | €488,220 | +€124,606 | +34.3% |
| Deferred charges and accrued income | 490/1 | €3,537 | - | -€3,537 | |
| Total equity and liabilities | 10/49 | €624,905 | €614,717 | -€10,188 | -1.6% |
| Equity | 10/15 | €347,370 | €380,961 | +€33,591 | +9.7% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €132,088 | €116,007 | -€16,081 | -12.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €130,228 | €116,007 | -€14,221 | -10.9% |
| Profit (loss) carried forward | 14 | €196,682 | €244,494 | +€47,812 | +24.3% |
| Amounts payable | 17/49 | €277,535 | €233,756 | -€43,779 | -15.8% |
| Amounts payable after more than one year | 17 | €20,000 | €18,307 | -€1,693 | -8.5% |
| Trade debts | 175 | €20,000 | €18,307 | -€1,693 | -8.5% |
| Amounts payable within one year | 42/48 | €250,827 | €215,449 | -€35,378 | -14.1% |
| Trade debts | 44 | €185,834 | €79,273 | -€106,561 | -57.3% |
| Suppliers | 440/4 | €185,834 | €79,273 | -€106,561 | -57.3% |
| Taxes, remuneration and social security | 45 | €64,993 | €75,980 | +€10,987 | +16.9% |
| Taxes | 450/3 | €42,226 | €51,888 | +€9,662 | +22.9% |
| Remuneration and social security | 454/9 | €22,767 | €24,092 | +€1,325 | +5.8% |
| Other amounts payable | 47/48 | - | €60,196 | +€60,196 | |
| Accrued charges and deferred income | 492/3 | €6,708 | - | -€6,708 | |
| Remuneration, social security and pensions | 62 | €154,039 | €197,007 | +€42,968 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,906 | €13,006 | +€4,100 | +46.0% |
| Other operating charges | 640/8 | €11,873 | €6,785 | -€5,088 | -42.9% |
| Gross operating margin | 9900 | €285,732 | €353,895 | +€68,163 | +23.9% |
| Operating profit (loss) | 9901 | €110,914 | €137,097 | +€26,183 | +23.6% |
| Financial charges | 65/66B | €3,569 | €5,045 | +€1,476 | +41.4% |
| Recurring financial charges | 65 | €3,569 | €5,045 | +€1,476 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €107,345 | €132,052 | +€24,707 | +23.0% |
| Income taxes | 67/77 | €23,472 | €34,242 | +€10,770 | +45.9% |
| Profit (loss) for the period | 9904 | €83,873 | €97,810 | +€13,937 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,873 | €97,810 | +€13,937 | +16.6% |
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 3 October 2026 via checked.be.