SOBO: what changed
Two financial 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.
SOBO
Largest movements
- Tangible fixed assets -€2,174
down €2,174 (-5.4%), from €39,970 to €37,796
of which Land and buildings: -€2,417
- Profit (loss) carried forward -€3,095
down €3,095 (-6.5%), from -€47,880 to -€50,975
- Other operating charges +€1,636
up €1,636 (+102.7%), from €1,593 to €3,229
- Depreciation -€768
down €768 (-19.2%), from €3,992 to €3,224
- Financial income +€60
up €60 (+33.3%), from €180 to €240
- Gross operating margin +€45
up €45 (+1.4%), from €3,179 to €3,224
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 | €102,576 | €99,483 | -€3,093 | -3.0% |
| Fixed assets | 21/28 | €39,970 | €37,796 | -€2,174 | -5.4% |
| Tangible fixed assets | 22/27 | €39,970 | €37,796 | -€2,174 | -5.4% |
| Land and buildings | 22 | €38,323 | €35,906 | -€2,417 | -6.3% |
| Plant, machinery and equipment | 23 | €1,647 | €1,890 | +€243 | +14.8% |
| Current assets | 29/58 | €62,606 | €61,687 | -€919 | -1.5% |
| Amounts receivable within one year | 40/41 | €90 | €72 | -€18 | -20.0% |
| Other amounts receivable | 41 | €90 | €72 | -€18 | -20.0% |
| Current investments | 50/53 | €40,000 | €40,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,516 | €21,615 | -€901 | -4.0% |
| Total equity and liabilities | 10/49 | €102,576 | €99,483 | -€3,093 | -3.0% |
| Equity | 10/15 | €101,559 | €98,465 | -€3,094 | -3.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €87,939 | €87,940 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €12,394 | €12,395 | +€1 | 0.0% |
| Legal reserve | 130 | €12,394 | €12,395 | +€1 | 0.0% |
| Distributable reserves | 133 | €75,545 | €75,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,880 | -€50,975 | -€3,095 | -6.5% |
| Amounts payable | 17/49 | €1,017 | €1,018 | +€1 | +0.1% |
| Amounts payable within one year | 42/48 | €1,017 | €1,018 | +€1 | +0.1% |
| Other amounts payable | 47/48 | €1,017 | €1,018 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,992 | €3,224 | -€768 | -19.2% |
| Other operating charges | 640/8 | €1,593 | €3,229 | +€1,636 | +102.7% |
| Gross operating margin | 9900 | €3,179 | €3,224 | +€45 | +1.4% |
| Operating profit (loss) | 9901 | -€2,406 | -€3,229 | -€823 | -34.2% |
| Financial income | 75/76B | €180 | €240 | +€60 | +33.3% |
| Recurring financial income | 75 | €180 | €240 | +€60 | +33.3% |
| Financial charges | 65/66B | €91 | €105 | +€14 | +15.4% |
| Recurring financial charges | 65 | €91 | €105 | +€14 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,317 | -€3,094 | -€777 | -33.5% |
| Profit (loss) for the period | 9904 | -€2,317 | -€3,094 | -€777 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,317 | -€3,094 | -€777 | -33.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.