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SOBREXE: 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

SOBREXE

BE 0874.369.183
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€8,900
2023 · -€604,697+€613,597
Equity
-€345
2023 · -€9,245+€8,900
Cash
€15,434
2023 · €40,451-€25,017
Balance sheet total
€19,534
2023 · €47,351-€27,817

Largest movements

2023 to 2024
Assets
  • Cash -€25,017

    down €25,017 (-61.8%), from €40,451 to €15,434

    mainly Other debts (-€22,933) and Trade debts (-€9,286)

  • Receivables within one year -€2,800

    down €2,800 (-40.6%), from €6,900 to €4,100

    of which Trade receivables: -€1,900

Equity and liabilities
  • Other debts -€22,933

    down €22,933 (-59.2%), from €38,723 to €15,790

  • Trade debts -€9,286

    down €9,286 (-85.4%), from €10,872 to €1,586

  • Profit (loss) carried forward +€8,900

    up €8,900 (+30.0%), from -€29,705 to -€20,805

  • Advances received -€6,000

    no longer reported in 2024 (was €6,000)

  • Tax, wage and social debts +€1,503

    new in 2024: €1,503

Income statement
  • Financial charges -€599,096

    down €599,096 (-99.8%), from €600,246 to €1,151

    of which Non-recurring financial charges: -€599,100

  • Taxes -€7,253

    down €7,253 (-80.3%), from €9,029 to €1,776

  • Gross operating margin +€3,655

    up €3,655 (+67.2%), from €5,437 to €9,091

  • Financial income +€3,063

    up €3,063 (+5149.9%), from €59 to €3,122

    of which Non-recurring financial income: +€3,000

  • Other operating charges -€531

    down €531 (-57.8%), from €918 to €387

From the 2023 result to the 2024 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 2023 -€604,697
Gross operating margin +€3,655
Other operating charges +€531
Financial income +€3,063
Financial charges +€599,096
Taxes +€7,253
Result 2024 €8,900

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€25,017
Investment €0
Financing €0
Cash 2023 €40,451
Net result for the year +€8,900
Receivables within one year +€2,800
Trade debts -€9,286
Tax, wage and social debts +€1,503
Advances received -€6,000
Other debts -€22,933
Cash 2024 €15,434
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €47,351 €19,534 -€27,817 -58.7%
Current assets 29/58 €47,351 €19,534 -€27,817 -58.7%
Amounts receivable within one year 40/41 €6,900 €4,100 -€2,800 -40.6%
Trade receivables 40 €6,000 €4,100 -€1,900 -31.7%
Other amounts receivable 41 €900 - -€900
Cash at bank and in hand 54/58 €40,451 €15,434 -€25,017 -61.8%
Total equity and liabilities 10/49 €47,351 €19,534 -€27,817 -58.7%
Equity 10/15 -€9,245 -€345 +€8,900 +96.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 -€29,705 -€20,805 +€8,900 +30.0%
Amounts payable 17/49 €56,595 €19,879 -€36,717 -64.9%
Amounts payable within one year 42/48 €55,595 €18,879 -€36,717 -66.0%
Trade debts 44 €10,872 €1,586 -€9,286 -85.4%
Suppliers 440/4 €10,872 €1,586 -€9,286 -85.4%
Advances received on contracts in progress 46 €6,000 - -€6,000
Taxes, remuneration and social security 45 - €1,503 +€1,503
Taxes 450/3 - €1,503 +€1,503
Other amounts payable 47/48 €38,723 €15,790 -€22,933 -59.2%
Accrued charges and deferred income 492/3 €1,000 €1,000 = 0.0%
Other operating charges 640/8 €918 €387 -€531 -57.8%
Gross operating margin 9900 €5,437 €9,091 +€3,655 +67.2%
Operating profit (loss) 9901 €4,518 €8,704 +€4,186 +92.6%
Financial income 75/76B €59 €3,122 +€3,063 +5149.9%
Recurring financial income 75 €59 €122 +€63 +105.3%
Non-recurring financial income 76B - €3,000 +€3,000
Financial charges 65/66B €600,246 €1,151 -€599,096 -99.8%
Recurring financial charges 65 €246 €251 +€5 +1.8%
Non-recurring financial charges 66B €600,000 €900 -€599,100 -99.9%
Profit (loss) for the period before taxes 9903 -€595,668 €10,675 +€606,344
Income taxes 67/77 €9,029 €1,776 -€7,253 -80.3%
Profit (loss) for the period 9904 -€604,697 €8,900 +€613,597
Profit (loss) for the period to be appropriated 9905 -€604,697 €8,900 +€613,597

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.