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SOBEN: 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

SOBEN

BE 0864.005.229
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€167,193
2024 · €176,157-€8,964
Equity
€942,304
2024 · €775,112+€167,193
Cash
€110,989
2024 · €109,105+€1,884
Balance sheet total
€1.0m
2024 · €967,997+€50,052

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€47,812

    up €47,812 (+29.1%), from €164,399 to €212,211

    of which Furniture and vehicles: +€60,640

  • Current investments +€12,683

    up €12,683 (+2.3%), from €559,381 to €572,063

Equity and liabilities
  • Reserves +€169,053

    up €169,053 (+22.0%), from €767,052 to €936,104

  • Other debts -€70,806

    down €70,806 (-61.3%), from €115,520 to €44,713

  • Tax, wage and social debts -€19,577

    down €19,577 (-57.6%), from €34,008 to €14,431

    of which Taxes: -€19,597

  • Short-term financial debts -€16,986

    no longer reported in 2025 (was €16,986)

Income statement
  • Financial charges +€23,228

    up €23,228 (+1056.6%), from €2,198 to €25,427

  • Financial income +€20,314

    up €20,314 (+949.9%), from €2,139 to €22,452

  • Depreciation +€7,385

    up €7,385 (+42.6%), from €17,350 to €24,736

  • Taxes -€3,238

    down €3,238 (-4.2%), from €76,973 to €73,735

From the 2024 result to the 2025 result

effect on the 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 €176,157
Gross operating margin -€1,857
Depreciation -€7,385
Other operating charges -€45
Financial income +€20,314
Financial charges -€23,228
Taxes +€3,238
Result 2025 €167,193

Cash bridge derived

cash 2024 to 2025

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 +€113,468
Investment -€85,231
Financing -€26,353
Cash 2024 €109,105
Net result for the year +€167,193
Depreciation +€24,736
Receivables within one year +€6,803
Deferred charges and accrued income +€5,524
Trade debts -€405
Tax, wage and social debts -€19,577
Other debts -€70,806
Investment in fixed assets (net) -€72,548
Current investments -€12,683
Debts after one year -€8,749
Current portion of long-term debt -€618
Short-term financial debts -€16,986
Cash 2025 €110,989
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €967,997 €1,018,049 +€50,052 +5.2%
Fixed assets 21/28 €164,399 €212,211 +€47,812 +29.1%
Tangible fixed assets 22/27 €164,399 €212,211 +€47,812 +29.1%
Land and buildings 22 €144,413 €130,806 -€13,607 -9.4%
Plant, machinery and equipment 23 €2,423 €3,202 +€779 +32.1%
Furniture and vehicles 24 €12,438 €73,079 +€60,640 +487.5%
Other tangible fixed assets 26 €5,125 €5,125 = 0.0%
Current assets 29/58 €803,599 €805,838 +€2,239 +0.3%
Amounts receivable within one year 40/41 €9,552 €2,748 -€6,803 -71.2%
Trade receivables 40 €6,798 - -€6,798
Other amounts receivable 41 €2,753 €2,748 -€5 -0.2%
Current investments 50/53 €559,381 €572,063 +€12,683 +2.3%
Cash at bank and in hand 54/58 €109,105 €110,989 +€1,884 +1.7%
Deferred charges and accrued income 490/1 €125,561 €120,037 -€5,524 -4.4%
Total equity and liabilities 10/49 €967,997 €1,018,049 +€50,052 +5.2%
Equity 10/15 €775,112 €942,304 +€167,193 +21.6%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €767,052 €936,104 +€169,053 +22.0%
Distributable reserves 133 €767,052 €936,104 +€169,053 +22.0%
Profit (loss) carried forward 14 €1,860 - -€1,860
Amounts payable 17/49 €192,886 €75,745 -€117,141 -60.7%
Amounts payable after more than one year 17 €15,397 €6,648 -€8,749 -56.8%
Financial debts 170/4 €15,397 €6,648 -€8,749 -56.8%
Amounts payable within one year 42/48 €177,489 €69,097 -€108,392 -61.1%
Current portion of amounts payable after more than one year 42 €9,367 €8,749 -€618 -6.6%
Financial debts 43 €16,986 - -€16,986
Other loans 439 €16,986 - -€16,986
Trade debts 44 €1,608 €1,203 -€405 -25.2%
Suppliers 440/4 €1,608 €1,203 -€405 -25.2%
Taxes, remuneration and social security 45 €34,008 €14,431 -€19,577 -57.6%
Taxes 450/3 €31,354 €11,757 -€19,597 -62.5%
Remuneration and social security 454/9 €2,654 €2,674 +€20 +0.8%
Other amounts payable 47/48 €115,520 €44,713 -€70,806 -61.3%
Non-recurring operating income 76A - €22,095 +€22,095
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,350 €24,736 +€7,385 +42.6%
Other operating charges 640/8 €546 €591 +€45 +8.3%
Gross operating margin 9900 €271,086 €269,229 -€1,857 -0.7%
Operating profit (loss) 9901 €253,190 €243,902 -€9,287 -3.7%
Financial income 75/76B €2,139 €22,452 +€20,314 +949.9%
Recurring financial income 75 €2,139 €22,452 +€20,314 +949.9%
Financial charges 65/66B €2,198 €25,427 +€23,228 +1056.6%
Recurring financial charges 65 €2,198 €25,427 +€23,228 +1056.6%
Profit (loss) for the period before taxes 9903 €253,130 €240,928 -€12,202 -4.8%
Income taxes 67/77 €76,973 €73,735 -€3,238 -4.2%
Profit (loss) for the period 9904 €176,157 €167,193 -€8,964 -5.1%
Profit (loss) for the period to be appropriated 9905 €176,157 €167,193 -€8,964 -5.1%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.