SOBEPAK: 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.
SOBEPAK
Largest movements
- Receivables within one year +€6,590
up €6,590 (+127.8%), from €5,154 to €11,744
of which Trade receivables: +€5,751
- Tangible fixed assets -€2,316
down €2,316 (-33.7%), from €6,868 to €4,552
- Cash +€1,345
up €1,345 (+15.2%), from €8,851 to €10,196
mainly Net result for the year (+€5,169) and Depreciation (+€2,316)
- Deferred charges and accrued income -€430
down €430 (-47.1%), from €914 to €483
- Profit (loss) carried forward +€5,169
up €5,169 (+79.9%), from -€6,467 to -€1,299
- Tax, wage and social debts +€656
up €656 (+27.2%), from €2,409 to €3,065
of which Taxes: +€656
- Trade debts -€635
no longer reported in 2025 (was €635)
- Gross operating margin +€12,147
up €12,147, from -€2,589 to €9,557
- Taxes +€1,246
up €1,246 (+480.8%), from €259 to €1,505
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,786 | €26,975 | +€5,189 | +23.8% |
| Fixed assets | 21/28 | €6,868 | €4,552 | -€2,316 | -33.7% |
| Tangible fixed assets | 22/27 | €6,868 | €4,552 | -€2,316 | -33.7% |
| Furniture and vehicles | 24 | €6,868 | €4,552 | -€2,316 | -33.7% |
| Current assets | 29/58 | €14,919 | €22,423 | +€7,505 | +50.3% |
| Amounts receivable within one year | 40/41 | €5,154 | €11,744 | +€6,590 | +127.8% |
| Trade receivables | 40 | €2,951 | €8,702 | +€5,751 | +194.9% |
| Other amounts receivable | 41 | €2,203 | €3,042 | +€839 | +38.1% |
| Cash at bank and in hand | 54/58 | €8,851 | €10,196 | +€1,345 | +15.2% |
| Deferred charges and accrued income | 490/1 | €914 | €483 | -€430 | -47.1% |
| Total equity and liabilities | 10/49 | €21,786 | €26,975 | +€5,189 | +23.8% |
| Equity | 10/15 | €18,533 | €23,701 | +€5,169 | +27.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,467 | -€1,299 | +€5,169 | +79.9% |
| Amounts payable | 17/49 | €3,254 | €3,274 | +€20 | +0.6% |
| Amounts payable within one year | 42/48 | €3,200 | €3,210 | +€9 | +0.3% |
| Trade debts | 44 | €635 | - | -€635 | |
| Suppliers | 440/4 | €635 | - | -€635 | |
| Taxes, remuneration and social security | 45 | €2,409 | €3,065 | +€656 | +27.2% |
| Taxes | 450/3 | €1,209 | €1,865 | +€656 | +54.2% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €157 | €145 | -€12 | -7.5% |
| Accrued charges and deferred income | 492/3 | €54 | €65 | +€11 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,316 | €2,316 | = | 0.0% |
| Other operating charges | 640/8 | €518 | €534 | +€17 | +3.2% |
| Gross operating margin | 9900 | -€2,589 | €9,557 | +€12,147 | |
| Operating profit (loss) | 9901 | -€5,423 | €6,707 | +€12,130 | |
| Financial charges | 65/66B | €100 | €34 | -€66 | -66.0% |
| Recurring financial charges | 65 | €100 | €34 | -€66 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,523 | €6,673 | +€12,196 | |
| Income taxes | 67/77 | €259 | €1,505 | +€1,246 | +480.8% |
| Profit (loss) for the period | 9904 | -€5,782 | €5,169 | +€10,951 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,782 | €5,169 | +€10,951 |
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 3 October 2026 via checked.be.