SOBELTRADE: 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.
SOBELTRADE
Largest movements
- Receivables within one year -€12,147
down €12,147 (-95.7%), from €12,693 to €547
of which Trade receivables: -€12,667
- Cash -€6,570
down €6,570 (-85.9%), from €7,653 to €1,083
mainly Trade debts (-€10,098) and Tax, wage and social debts (-€3,746)
- Current investments +€1,739
up €1,739 (+22.8%), from €7,621 to €9,359
- Trade debts -€10,098
down €10,098 (-77.2%), from €13,089 to €2,990
- Tax, wage and social debts -€3,746
down €3,746 (-95.6%), from €3,919 to €172
- Profit (loss) carried forward -€3,103
down €3,103 (-35.6%), from -€8,713 to -€11,816
- Gross operating margin -€8,418
down €8,418, from €6,337 to -€2,081
- Other operating charges -€206
down €206 (-22.0%), from €936 to €730
- Taxes -€104
down €104 (-392%), from -€26 to -€130
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 | €33,555 | €16,412 | -€17,143 | -51.1% |
| Fixed assets | 21/28 | €181 | €181 | = | 0.0% |
| Financial fixed assets | 28 | €181 | €181 | = | 0.0% |
| Current assets | 29/58 | €33,374 | €16,231 | -€17,143 | -51.4% |
| Stocks and contracts in progress | 3 | €5,242 | €5,242 | = | 0.0% |
| Stocks | 30/36 | €5,242 | €5,242 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,693 | €547 | -€12,147 | -95.7% |
| Trade receivables | 40 | €12,667 | - | -€12,667 | |
| Other amounts receivable | 41 | €26 | €547 | +€520 | +1,969% |
| Current investments | 50/53 | €7,621 | €9,359 | +€1,739 | +22.8% |
| Cash at bank and in hand | 54/58 | €7,653 | €1,083 | -€6,570 | -85.9% |
| Deferred charges and accrued income | 490/1 | €165 | - | -€165 | |
| Total equity and liabilities | 10/49 | €33,555 | €16,412 | -€17,143 | -51.1% |
| Equity | 10/15 | €12,538 | €9,435 | -€3,103 | -24.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,659 | €2,659 | = | 0.0% |
| Distributable reserves | 133 | €2,659 | €2,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,713 | -€11,816 | -€3,103 | -35.6% |
| Amounts payable | 17/49 | €21,016 | €6,977 | -€14,039 | -66.8% |
| Amounts payable within one year | 42/48 | €21,016 | €6,977 | -€14,039 | -66.8% |
| Current portion of amounts payable after more than one year | 42 | €2,638 | €2,565 | -€73 | -2.8% |
| Trade debts | 44 | €13,089 | €2,990 | -€10,098 | -77.2% |
| Suppliers | 440/4 | €13,089 | €2,990 | -€10,098 | -77.2% |
| Taxes, remuneration and social security | 45 | €3,919 | €172 | -€3,746 | -95.6% |
| Taxes | 450/3 | €3,919 | €172 | -€3,746 | -95.6% |
| Other amounts payable | 47/48 | €1,371 | €1,250 | -€121 | -8.8% |
| Other operating charges | 640/8 | €936 | €730 | -€206 | -22.0% |
| Gross operating margin | 9900 | €6,337 | -€2,081 | -€8,418 | |
| Operating profit (loss) | 9901 | €5,401 | -€2,811 | -€8,211 | |
| Financial income | 75/76B | €503 | €481 | -€22 | -4.4% |
| Recurring financial income | 75 | €503 | €481 | -€22 | -4.4% |
| Financial charges | 65/66B | €951 | €904 | -€48 | -5.0% |
| Recurring financial charges | 65 | €951 | €904 | -€48 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €4,952 | -€3,233 | -€8,186 | |
| Income taxes | 67/77 | -€26 | -€130 | -€104 | -392% |
| Profit (loss) for the period | 9904 | €4,979 | -€3,103 | -€8,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,979 | -€3,103 | -€8,082 |
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 23 October 2026 via checked.be.