SOBER: 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.
SOBER
Largest movements
- Tangible fixed assets -€10,641
down €10,641 (-2.9%), from €371,372 to €360,731
of which Leasing and similar rights: -€14,522
- Cash +€8,077
up €8,077 (+27.3%), from €29,622 to €37,700
mainly Other debts (+€59,600) and Depreciation (+€42,723)
- Other debts +€59,600
up €59,600 (+162.5%), from €36,674 to €96,274
- Reserves -€35,913
down €35,913 (-22.5%), from €159,571 to €123,658
- Debts after one year -€14,638
down €14,638 (-8.3%), from €176,255 to €161,617
- Short-term financial debts -€12,782
down €12,782 (-100.0%), from €12,782 to €0
- Tax, wage and social debts +€9,227
up €9,227 (+482.6%), from €1,912 to €11,139
of which Taxes: +€6,877
- Gross operating margin +€19,797
up €19,797 (+24.0%), from €82,439 to €102,237
- Taxes +€4,782
up €4,782 (+40.1%), from €11,912 to €16,694
- Depreciation +€2,438
up €2,438 (+6.1%), from €40,286 to €42,723
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 | €423,575 | €426,307 | +€2,732 | +0.6% |
| Fixed assets | 21/28 | €371,372 | €360,731 | -€10,641 | -2.9% |
| Tangible fixed assets | 22/27 | €371,372 | €360,731 | -€10,641 | -2.9% |
| Plant, machinery and equipment | 23 | €799 | €66 | -€733 | -91.7% |
| Furniture and vehicles | 24 | €92,239 | €90,510 | -€1,728 | -1.9% |
| Leasing and similar rights | 25 | €14,522 | €0 | -€14,522 | -100.0% |
| Other tangible fixed assets | 26 | €263,813 | €270,154 | +€6,342 | +2.4% |
| Current assets | 29/58 | €52,203 | €65,576 | +€13,373 | +25.6% |
| Amounts receivable within one year | 40/41 | €21,961 | €26,187 | +€4,225 | +19.2% |
| Trade receivables | 40 | €21,103 | €26,187 | +€5,084 | +24.1% |
| Other amounts receivable | 41 | €858 | €0 | -€858 | -100.0% |
| Cash at bank and in hand | 54/58 | €29,622 | €37,700 | +€8,077 | +27.3% |
| Deferred charges and accrued income | 490/1 | €620 | €1,690 | +€1,070 | +172.6% |
| Total equity and liabilities | 10/49 | €423,575 | €426,307 | +€2,732 | +0.6% |
| Equity | 10/15 | €178,171 | €142,258 | -€35,913 | -20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €159,571 | €123,658 | -€35,913 | -22.5% |
| Distributable reserves | 133 | €159,571 | €123,658 | -€35,913 | -22.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €245,404 | €284,049 | +€38,644 | +15.7% |
| Amounts payable after more than one year | 17 | €176,255 | €161,617 | -€14,638 | -8.3% |
| Financial debts | 170/4 | €176,255 | €161,617 | -€14,638 | -8.3% |
| Amounts payable within one year | 42/48 | €67,032 | €122,432 | +€55,400 | +82.6% |
| Current portion of amounts payable after more than one year | 42 | €14,469 | €14,638 | +€169 | +1.2% |
| Financial debts | 43 | €12,782 | €0 | -€12,782 | -100.0% |
| Credit institutions | 430/8 | €12,782 | €0 | -€12,782 | -100.0% |
| Trade debts | 44 | €1,194 | €381 | -€813 | -68.1% |
| Suppliers | 440/4 | €1,194 | €381 | -€813 | -68.1% |
| Taxes, remuneration and social security | 45 | €1,912 | €11,139 | +€9,227 | +482.6% |
| Taxes | 450/3 | €1,912 | €8,789 | +€6,877 | +359.7% |
| Remuneration and social security | 454/9 | - | €2,350 | +€2,350 | |
| Other amounts payable | 47/48 | €36,674 | €96,274 | +€59,600 | +162.5% |
| Accrued charges and deferred income | 492/3 | €2,118 | €0 | -€2,118 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,286 | €42,723 | +€2,438 | +6.1% |
| Other operating charges | 640/8 | €769 | €741 | -€28 | -3.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €82,439 | €102,237 | +€19,797 | +24.0% |
| Operating profit (loss) | 9901 | €41,385 | €58,772 | +€17,388 | +42.0% |
| Financial income | 75/76B | €18 | €22 | +€4 | +22.9% |
| Recurring financial income | 75 | €18 | €22 | +€4 | +22.9% |
| Financial charges | 65/66B | €2,786 | €2,414 | -€372 | -13.4% |
| Recurring financial charges | 65 | €2,786 | €2,414 | -€372 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €38,617 | €56,380 | +€17,764 | +46.0% |
| Income taxes | 67/77 | €11,912 | €16,694 | +€4,782 | +40.1% |
| Profit (loss) for the period | 9904 | €26,705 | €39,686 | +€12,981 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,705 | €39,686 | +€12,981 | +48.6% |
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 2 October 2026 via checked.be.