SOBEMAX: 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.
What changed
SOBEMAX
NACE 46.231, Wholesale of live animals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€336,265
2024 · €238,354+€97,911
Equity
€2.2m
2024 · €1.8m+€356,798
Cash
€255,380
2024 · €422,714-€167,334
Balance sheet total
€7.6m
2024 · €7.0m+€602,656
Largest movements
Assets
- Receivables within one year +€963,874
up €963,874 (+21.5%), from €4.5m to €5.5m
of which Trade receivables: +€974,952
- Tangible fixed assets -€200,540
down €200,540 (-11.2%), from €1.8m to €1.6m
of which Furniture and vehicles: -€137,368
- Cash -€167,334
down €167,334 (-39.6%), from €422,714 to €255,380
mainly Receivables within one year (-€963,874) and Investment in fixed assets (net) (-€41,259)
Equity and liabilities
- Profit (loss) carried forward +€351,543
up €351,543 (+37.1%), from €946,624 to €1.3m
- Trade debts +€160,576
up €160,576 (+8.2%), from €2.0m to €2.1m
Income statement
- Turnover +€12.4m
up €12.4m (+25.5%), from €48.7m to €61.2m
- Goods and materials +€12.2m
up €12.2m (+26.1%), from €46.8m to €59.1m
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.
Result 2024
€238,354
Turnover
+€12.4m
Other operating income
+€26,964
Goods and materials
-€12.2m
Services and other goods
-€29,411
Staff costs
-€54,171
Depreciation
-€37,026
Other operating charges
-€1,989
Other operating items
+€7,029
Financial income
+€23,295
Financial charges
+€3,055
Taxes
-€35,887
Deferred taxes and other
+€2,689
Result 2025
€336,265
Cash bridge derived
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.
From operations
-€209,201
Investment
-€41,259
Financing
+€83,126
Cash 2024
€422,714
From operations (derived)
-€209,201
Net result for the year
+€336,265
Depreciation
+€241,799
Receivables within one year
-€963,874
Deferred charges and accrued income
-€6,656
Provisions
-€25,625
Trade debts
+€160,576
Tax, wage and social debts
+€48,314
Investment (derived)
-€41,259
Investment in fixed assets (net)
-€41,259
Financing
+€83,126
Debts after one year
+€69,317
Current portion of long-term debt
-€6,724
Contributions, distributions and other
+€20,533
Cash 2025
€255,380
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,041,647 | €7,644,303 | +€602,656 | +8.6% |
| Fixed assets | 21/28 | €2,095,888 | €1,895,348 | -€200,540 | -9.6% |
| Tangible fixed assets | 22/27 | €1,792,470 | €1,591,930 | -€200,540 | -11.2% |
| Land and buildings | 22 | €327,051 | €300,598 | -€26,453 | -8.1% |
| Plant, machinery and equipment | 23 | €711,109 | €674,390 | -€36,719 | -5.2% |
| Furniture and vehicles | 24 | €754,310 | €616,942 | -€137,368 | -18.2% |
| Financial fixed assets | 28 | €303,418 | €303,418 | = | 0.0% |
| Other financial fixed assets | 284/8 | €303,418 | €303,418 | = | 0.0% |
| Shares | 284 | €303,418 | €303,418 | = | 0.0% |
| Current assets | 29/58 | €4,945,759 | €5,748,955 | +€803,196 | +16.2% |
| Amounts receivable within one year | 40/41 | €4,488,542 | €5,452,416 | +€963,874 | +21.5% |
| Trade receivables | 40 | €4,436,407 | €5,411,359 | +€974,952 | +22.0% |
| Other amounts receivable | 41 | €52,135 | €41,057 | -€11,078 | -21.2% |
| Cash at bank and in hand | 54/58 | €422,714 | €255,380 | -€167,334 | -39.6% |
| Deferred charges and accrued income | 490/1 | €34,503 | €41,159 | +€6,656 | +19.3% |
| Total equity and liabilities | 10/49 | €7,041,647 | €7,644,303 | +€602,656 | +8.6% |
| Equity | 10/15 | €1,797,139 | €2,153,937 | +€356,798 | +19.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €788,515 | €793,770 | +€5,255 | +0.7% |
| Non-distributable reserves | 130/1 | €18,595 | €18,595 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €159,920 | €165,175 | +€5,255 | +3.3% |
| Distributable reserves | 133 | €610,000 | €610,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €946,624 | €1,298,167 | +€351,543 | +37.1% |
| Provisions and deferred taxes | 16 | €691,033 | €665,408 | -€25,625 | -3.7% |
| Provisions for liabilities and charges | 160/5 | €650,405 | €650,405 | = | 0.0% |
| Other liabilities and charges | 164/5 | €650,405 | €650,405 | = | 0.0% |
| Deferred taxes | 168 | €40,628 | €15,003 | -€25,625 | -63.1% |
| Amounts payable | 17/49 | €4,553,475 | €4,824,958 | +€271,483 | +6.0% |
| Amounts payable after more than one year | 17 | €1,875,867 | €1,945,184 | +€69,317 | +3.7% |
| Financial debts | 170/4 | €1,875,867 | €1,945,184 | +€69,317 | +3.7% |
| Leasing and similar obligations | 172 | €795,862 | €386,914 | -€408,948 | -51.4% |
| Credit institutions | 173 | - | €201,665 | +€201,665 | |
| Other loans | 174 | €1,080,005 | €1,356,605 | +€276,600 | +25.6% |
| Amounts payable within one year | 42/48 | €2,677,608 | €2,879,774 | +€202,166 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €219,417 | €212,693 | -€6,724 | -3.1% |
| Financial debts | 43 | €450,000 | €450,000 | = | 0.0% |
| Credit institutions | 430/8 | €450,000 | €450,000 | = | 0.0% |
| Trade debts | 44 | €1,960,742 | €2,121,318 | +€160,576 | +8.2% |
| Suppliers | 440/4 | €1,960,742 | €2,121,318 | +€160,576 | +8.2% |
| Taxes, remuneration and social security | 45 | €47,449 | €95,763 | +€48,314 | +101.8% |
| Taxes | 450/3 | €17,221 | €54,198 | +€36,977 | +214.7% |
| Remuneration and social security | 454/9 | €30,228 | €41,565 | +€11,337 | +37.5% |
| Operating income | 70/76A | €48,835,845 | €61,309,626 | +€12.5m | +25.5% |
| Turnover | 70 | €48,722,373 | €61,163,839 | +€12.4m | +25.5% |
| Other operating income | 74 | €75,972 | €102,936 | +€26,964 | +35.5% |
| Non-recurring operating income | 76A | €37,500 | €42,851 | +€5,351 | +14.3% |
| Operating charges | 60/66A | €48,425,295 | €60,794,317 | +€12.4m | +25.5% |
| Goods for resale, raw materials and consumables | 60 | €46,846,408 | €59,094,511 | +€12.2m | +26.1% |
| Purchases | 600/8 | €46,846,408 | €59,094,511 | +€12.2m | +26.1% |
| Services and other goods | 61 | €1,076,482 | €1,105,893 | +€29,411 | +2.7% |
| Remuneration, social security and pensions | 62 | €289,009 | €343,180 | +€54,171 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204,773 | €241,799 | +€37,026 | +18.1% |
| Other operating charges | 640/8 | €6,945 | €8,934 | +€1,989 | +28.6% |
| Non-recurring operating charges | 66A | €1,678 | - | -€1,678 | |
| Operating profit (loss) | 9901 | €410,550 | €515,309 | +€104,759 | +25.5% |
| Financial income | 75/76B | €5 | €23,300 | +€23,295 | +465900.0% |
| Recurring financial income | 75 | €5 | €23,300 | +€23,295 | +465900.0% |
| Income from financial fixed assets | 750 | €5 | €23,300 | +€23,295 | +465900.0% |
| Financial charges | 65/66B | €87,498 | €84,443 | -€3,055 | -3.5% |
| Recurring financial charges | 65 | €87,498 | €84,443 | -€3,055 | -3.5% |
| Debt charges | 650 | €87,498 | €84,443 | -€3,055 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €323,057 | €454,166 | +€131,109 | +40.6% |
| Transfer from deferred taxes | 780 | €2,404 | €5,093 | +€2,689 | +111.9% |
| Income taxes | 67/77 | €87,107 | €122,994 | +€35,887 | +41.2% |
| Taxes | 670/3 | €87,107 | €122,994 | +€35,887 | +41.2% |
| Profit (loss) for the period | 9904 | €238,354 | €336,265 | +€97,911 | +41.1% |
| Transfer from tax-exempt reserves | 789 | €7,213 | €15,278 | +€8,065 | +111.8% |
| Profit (loss) for the period to be appropriated | 9905 | €245,567 | €351,543 | +€105,976 | +43.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.