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SOBOTEX: 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.

What changed

SOBOTEX

BE 0431.326.930
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,396
2024 · €3,344-€6,740
Equity
€399,144
2024 · €402,540-€3,396
Cash
€21,188
2024 · €21,770-€582
Balance sheet total
€446,250
2024 · €482,727-€36,477

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€37,107

    down €37,107 (-8.2%), from €451,895 to €414,788

    of which Land and buildings: -€42,153

Equity and liabilities
  • Other debts -€19,927

    down €19,927 (-56.9%), from €35,050 to €15,123

  • Debts after one year -€10,097

    down €10,097 (-47.3%), from €21,330 to €11,233

  • Trade debts -€6,492

    down €6,492 (-75.4%), from €8,612 to €2,120

Income statement
  • Gross operating margin -€8,605

    down €8,605 (-14.6%), from €58,743 to €50,138

  • Taxes -€2,310

    down €2,310 (-37.6%), from €6,141 to €3,831

  • Other operating charges +€875

    up €875 (+35.3%), from €2,482 to €3,357

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,344
Gross operating margin -€8,605
Depreciation +€371
Other operating charges -€875
Financial income +€69
Financial charges -€10
Taxes +€2,310
Result 2025 -€3,396

Cash bridge derived

cash 2024 to 2025

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.

From operations +€14,219
Investment -€7,316
Financing -€7,486
Cash 2024 €21,770
Net result for the year -€3,396
Depreciation +€44,423
Receivables within one year -€982
Deferred charges and accrued income -€230
Trade debts -€6,492
Other debts -€19,927
Accrued charges and deferred income +€824
Investment in fixed assets (net) -€7,316
Debts after one year -€10,097
Current portion of long-term debt +€2,611
Cash 2025 €21,188
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €482,727 €446,250 -€36,477 -7.6%
Fixed assets 21/28 €452,299 €415,192 -€37,107 -8.2%
Tangible fixed assets 22/27 €451,895 €414,788 -€37,107 -8.2%
Land and buildings 22 €450,711 €408,558 -€42,153 -9.4%
Furniture and vehicles 24 €1,184 €6,229 +€5,046 +426.2%
Financial fixed assets 28 €404 €404 = 0.0%
Current assets 29/58 €30,428 €31,059 +€630 +2.1%
Amounts receivable within one year 40/41 €2,708 €3,690 +€982 +36.3%
Trade receivables 40 €1,349 €0 -€1,349 -100.0%
Other amounts receivable 41 €1,359 €3,690 +€2,331 +171.6%
Cash at bank and in hand 54/58 €21,770 €21,188 -€582 -2.7%
Deferred charges and accrued income 490/1 €5,951 €6,181 +€230 +3.9%
Total equity and liabilities 10/49 €482,727 €446,250 -€36,477 -7.6%
Equity 10/15 €402,540 €399,144 -€3,396 -0.8%
Contributions 10/11 €62,500 €62,500 = 0.0%
Capital 10 €62,500 €62,500 = 0.0%
Issued capital 100 €62,500 €62,500 = 0.0%
Revaluation surpluses 12 €299,118 €299,118 = 0.0%
Reserves 13 €39,311 €39,311 = 0.0%
Non-distributable reserves 130/1 €6,817 €6,817 = 0.0%
Legal reserve 130 €6,817 €6,817 = 0.0%
Distributable reserves 133 €32,494 €32,494 = 0.0%
Profit (loss) carried forward 14 €1,612 -€1,785 -€3,396
Amounts payable 17/49 €80,187 €47,106 -€33,081 -41.3%
Amounts payable after more than one year 17 €21,330 €11,233 -€10,097 -47.3%
Financial debts 170/4 €21,330 €11,233 -€10,097 -47.3%
Amounts payable within one year 42/48 €57,882 €34,074 -€23,808 -41.1%
Current portion of amounts payable after more than one year 42 €14,220 €16,831 +€2,611 +18.4%
Trade debts 44 €8,612 €2,120 -€6,492 -75.4%
Suppliers 440/4 €8,612 €2,120 -€6,492 -75.4%
Other amounts payable 47/48 €35,050 €15,123 -€19,927 -56.9%
Accrued charges and deferred income 492/3 €975 €1,799 +€824 +84.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €44,794 €44,423 -€371 -0.8%
Other operating charges 640/8 €2,482 €3,357 +€875 +35.3%
Gross operating margin 9900 €58,743 €50,138 -€8,605 -14.6%
Operating profit (loss) 9901 €11,466 €2,357 -€9,109 -79.4%
Financial income 75/76B €3 €72 +€69 +2267.5%
Recurring financial income 75 €3 €72 +€69 +2267.5%
Financial charges 65/66B €1,984 €1,994 +€10 +0.5%
Recurring financial charges 65 €1,984 €1,994 +€10 +0.5%
Profit (loss) for the period before taxes 9903 €9,485 €435 -€9,050 -95.4%
Income taxes 67/77 €6,141 €3,831 -€2,310 -37.6%
Profit (loss) for the period 9904 €3,344 -€3,396 -€6,740
Profit (loss) for the period to be appropriated 9905 €3,344 -€3,396 -€6,740

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.