SOBLAC: what changed
What changed
SOBLAC
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€151,760
2024 · €136,705+€15,055
Equity
€1.2m
2024 · €1.0m+€151,760
Cash
€5,485
2024 · €9,397-€3,911
Balance sheet total
€1.6m
2024 · €1.6m-€52,620
Largest movements
Assets
- Receivables within one year -€33,544
down €33,544 (-95.3%), from €35,183 to €1,639
of which Other amounts receivable: -€33,410
Equity and liabilities
- Other debts -€382,553
down €382,553 (-65.9%), from €580,762 to €198,210
- Profit (loss) carried forward +€151,760
up €151,760 (+15.3%), from €993,156 to €1.1m
- Debts after one year +€142,467
up €142,467 (+614%), from €23,200 to €165,667
- Current portion of long-term debt +€35,600
up €35,600 (+191%), from €18,600 to €54,200
Income statement
- Financial income +€16,620
up €16,620 (+13.2%), from €126,038 to €142,658
- Financial charges -€7,092
down €7,092 (-35.0%), from €20,282 to €13,189
- Depreciation +€5,681
up €5,681 (+59.1%), from €9,614 to €15,295
- Gross operating margin -€3,020
down €3,020 (-6.1%), from €49,516 to €46,496
- Other operating charges -€713
down €713 (-23.0%), from €3,095 to €2,382
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€136,705
Gross operating margin
-€3,020
Depreciation
-€5,681
Other operating charges
+€713
Financial income
+€16,620
Financial charges
+€7,092
Taxes
-€668
Result 2025
€151,760
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€181,978
Investment
€0
Financing
+€178,067
Cash 2024
€9,397
From operations (derived)
-€181,978
Net result for the year
+€151,760
Depreciation
+€15,295
Receivables within one year
+€33,544
Smaller working-capital items
-€25
Other debts
-€382,553
Financing
+€178,067
Debts after one year
+€142,467
Current portion of long-term debt
+€35,600
Cash 2025
€5,485
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,640,795 | €1,588,175 | -€52,620 | -3.2% |
| Fixed assets | 21/28 | €1,594,974 | €1,579,679 | -€15,295 | -1.0% |
| Tangible fixed assets | 22/27 | €46,341 | €31,046 | -€15,295 | -33.0% |
| Plant, machinery and equipment | 23 | €745 | €50 | -€696 | -93.3% |
| Furniture and vehicles | 24 | €45,596 | €30,996 | -€14,600 | -32.0% |
| Financial fixed assets | 28 | €1,548,633 | €1,548,633 | = | 0.0% |
| Current assets | 29/58 | €45,821 | €8,496 | -€37,325 | -81.5% |
| Amounts receivable within one year | 40/41 | €35,183 | €1,639 | -€33,544 | -95.3% |
| Trade receivables | 40 | €133 | - | -€133 | |
| Other amounts receivable | 41 | €35,050 | €1,639 | -€33,410 | -95.3% |
| Cash at bank and in hand | 54/58 | €9,397 | €5,485 | -€3,911 | -41.6% |
| Deferred charges and accrued income | 490/1 | €1,241 | €1,372 | +€130 | +10.5% |
| Total equity and liabilities | 10/49 | €1,640,795 | €1,588,175 | -€52,620 | -3.2% |
| Equity | 10/15 | €1,015,353 | €1,167,113 | +€151,760 | +14.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,647 | €3,647 | = | 0.0% |
| Distributable reserves | 133 | €3,647 | €3,647 | = | 0.0% |
| Profit (loss) carried forward | 14 | €993,156 | €1,144,917 | +€151,760 | +15.3% |
| Amounts payable | 17/49 | €625,442 | €421,062 | -€204,380 | -32.7% |
| Amounts payable after more than one year | 17 | €23,200 | €165,667 | +€142,467 | +614% |
| Financial debts | 170/4 | €23,200 | €165,667 | +€142,467 | +614% |
| Amounts payable within one year | 42/48 | €602,221 | €254,868 | -€347,352 | -57.7% |
| Current portion of amounts payable after more than one year | 42 | €18,600 | €54,200 | +€35,600 | +191% |
| Trade debts | 44 | €852 | €551 | -€300 | -35.2% |
| Suppliers | 440/4 | €852 | €551 | -€300 | -35.2% |
| Taxes, remuneration and social security | 45 | €2,007 | €1,907 | -€100 | -5.0% |
| Taxes | 450/3 | €2,007 | €1,907 | -€100 | -5.0% |
| Other amounts payable | 47/48 | €580,762 | €198,210 | -€382,553 | -65.9% |
| Accrued charges and deferred income | 492/3 | €22 | €527 | +€505 | +2,324% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,614 | €15,295 | +€5,681 | +59.1% |
| Other operating charges | 640/8 | €3,095 | €2,382 | -€713 | -23.0% |
| Gross operating margin | 9900 | €49,516 | €46,496 | -€3,020 | -6.1% |
| Operating profit (loss) | 9901 | €36,807 | €28,818 | -€7,989 | -21.7% |
| Financial income | 75/76B | €126,038 | €142,658 | +€16,620 | +13.2% |
| Recurring financial income | 75 | €126,038 | €142,658 | +€16,620 | +13.2% |
| Financial charges | 65/66B | €20,282 | €13,189 | -€7,092 | -35.0% |
| Recurring financial charges | 65 | €20,282 | €13,189 | -€7,092 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €142,564 | €158,287 | +€15,723 | +11.0% |
| Income taxes | 67/77 | €5,859 | €6,527 | +€668 | +11.4% |
| Profit (loss) for the period | 9904 | €136,705 | €151,760 | +€15,055 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €136,705 | €151,760 | +€15,055 | +11.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.