SOBLIQUI: what changed
SOBLIQUI
Largest movements
- Tangible fixed assets +€2.5m
up €2.5m (+406%), from €610,592 to €3.1m
of which Land and buildings: +€2.2m
- Current investments -€739,601
no longer reported in 2025 (was €739,601)
- Receivables within one year +€127,070
up €127,070 (+626%), from €20,314 to €147,384
of which Other amounts receivable: +€128,281
- Cash -€107,171
down €107,171 (-74.2%), from €144,518 to €37,347
mainly Investment in fixed assets (net) (-€2.6m) and Other debts (-€206,079)
- Revaluation surpluses +€2.3m
new in 2025: €2.3m
- Reserves -€376,981
down €376,981 (-96.1%), from €392,415 to €15,434
of which Distributable reserves: -€376,981
- Current portion of long-term debt +€320,836
up €320,836 (+5,151%), from €6,229 to €327,065
- Profit (loss) carried forward -€284,286
down €284,286 (-41.2%), from €690,828 to €406,541
- Other debts -€206,079
down €206,079 (-80.3%), from €256,560 to €50,481
- Gross operating margin +€29,623
up €29,623 (+13.0%), from €227,496 to €257,119
- Staff costs +€20,151
up €20,151, from -€109 to €20,042
- Depreciation +€14,398
up €14,398 (+21.6%), from €66,577 to €80,974
- Financial charges -€9,061
down €9,061 (-68.0%), from €13,317 to €4,256
- Financial income -€5,662
down €5,662 (-30.8%), from €18,368 to €12,707
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,520,595 | €3,274,044 | +€1.8m | +115% |
| Fixed assets | 21/28 | €610,602 | €3,088,319 | +€2.5m | +406% |
| Tangible fixed assets | 22/27 | €610,592 | €3,088,309 | +€2.5m | +406% |
| Land and buildings | 22 | €521,569 | €2,767,103 | +€2.2m | +431% |
| Plant, machinery and equipment | 23 | €62,836 | €282,337 | +€219,501 | +349% |
| Furniture and vehicles | 24 | €26,188 | €38,870 | +€12,682 | +48.4% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €909,993 | €185,725 | -€724,268 | -79.6% |
| Amounts receivable within one year | 40/41 | €20,314 | €147,384 | +€127,070 | +626% |
| Trade receivables | 40 | €20,314 | €19,103 | -€1,211 | -6.0% |
| Other amounts receivable | 41 | - | €128,281 | +€128,281 | |
| Current investments | 50/53 | €739,601 | - | -€739,601 | |
| Cash at bank and in hand | 54/58 | €144,518 | €37,347 | -€107,171 | -74.2% |
| Deferred charges and accrued income | 490/1 | €5,560 | €993 | -€4,567 | -82.1% |
| Total equity and liabilities | 10/49 | €1,520,595 | €3,274,044 | +€1.8m | +115% |
| Equity | 10/15 | €1,153,242 | €2,826,778 | +€1.7m | +145% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €2,334,803 | +€2.3m | |
| Reserves | 13 | €392,415 | €15,434 | -€376,981 | -96.1% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €385,415 | €8,434 | -€376,981 | -97.8% |
| Profit (loss) carried forward | 14 | €690,828 | €406,541 | -€284,286 | -41.2% |
| Amounts payable | 17/49 | €367,353 | €447,265 | +€79,913 | +21.8% |
| Amounts payable after more than one year | 17 | €63,483 | €12,460 | -€51,024 | -80.4% |
| Financial debts | 170/4 | €63,483 | €12,460 | -€51,024 | -80.4% |
| Amounts payable within one year | 42/48 | €303,869 | €434,805 | +€130,936 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | €6,229 | €327,065 | +€320,836 | +5,151% |
| Trade debts | 44 | €6,588 | €38,109 | +€31,522 | +478% |
| Suppliers | 440/4 | €6,588 | €38,109 | +€31,522 | +478% |
| Taxes, remuneration and social security | 45 | €34,492 | €19,150 | -€15,342 | -44.5% |
| Taxes | 450/3 | €34,492 | €14,889 | -€19,604 | -56.8% |
| Remuneration and social security | 454/9 | - | €4,261 | +€4,261 | |
| Other amounts payable | 47/48 | €256,560 | €50,481 | -€206,079 | -80.3% |
| Remuneration, social security and pensions | 62 | -€109 | €20,042 | +€20,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,577 | €80,974 | +€14,398 | +21.6% |
| Other operating charges | 640/8 | €11,337 | €10,899 | -€437 | -3.9% |
| Gross operating margin | 9900 | €227,496 | €257,119 | +€29,623 | +13.0% |
| Operating profit (loss) | 9901 | €149,692 | €145,204 | -€4,488 | -3.0% |
| Financial income | 75/76B | €18,368 | €12,707 | -€5,662 | -30.8% |
| Recurring financial income | 75 | €18,368 | €12,707 | -€5,662 | -30.8% |
| Financial charges | 65/66B | €13,317 | €4,256 | -€9,061 | -68.0% |
| Recurring financial charges | 65 | €13,317 | €4,256 | -€9,061 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | €154,743 | €153,654 | -€1,088 | -0.7% |
| Income taxes | 67/77 | €38,715 | €38,941 | +€225 | +0.6% |
| Profit (loss) for the period | 9904 | €116,027 | €114,714 | -€1,313 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €116,027 | €114,714 | -€1,313 | -1.1% |
Next steps
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 1 November 2026 via checked.be.