SOBRIMMO: what changed
SOBRIMMO
Largest movements
- Cash +€3.5m
up €3.5m (+36,193%), from €9,621 to €3.5m
mainly Debts after one year (+€3.4m) and Other debts (+€140,000)
- Tangible fixed assets +€184,342
up €184,342 (+31.7%), from €581,194 to €765,537
of which Assets under construction and advance payments: +€202,122
- Receivables within one year -€46,516
down €46,516 (-95.2%), from €48,836 to €2,320
of which Other amounts receivable: -€40,180
- Debts after one year +€3.4m
new in 2025: €3.4m
- Other debts +€140,000
new in 2025: €140,000
- Reserves -€52,796
down €52,796 (-41.2%), from €128,043 to €75,247
of which Distributable reserves: -€52,796
- Accrued charges and deferred income +€48,446
new in 2025: €48,446
- Trade debts +€45,372
up €45,372 (+51.4%), from €88,318 to €133,690
- Gross operating margin -€40,915
down €40,915, from €7,796 to -€33,119
- Other operating charges -€9,601
down €9,601 (-94.6%), from €10,145 to €544
- Financial income -€5,500
down €5,500 (-84.9%), from €6,480 to €980
- Financial charges +€1,726
up €1,726 (+541%), from €319 to €2,046
- Depreciation +€509
up €509 (+2.8%), from €17,885 to €18,394
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 | €644,655 | €4,269,372 | +€3.6m | +562% |
| Formation expenses | 20 | €943 | €9,804 | +€8,861 | +940% |
| Fixed assets | 21/28 | €581,194 | €765,537 | +€184,342 | +31.7% |
| Tangible fixed assets | 22/27 | €581,194 | €765,537 | +€184,342 | +31.7% |
| Land and buildings | 22 | €374,494 | €356,714 | -€17,779 | -4.7% |
| Assets under construction and advance payments | 27 | €206,701 | €408,822 | +€202,122 | +97.8% |
| Current assets | 29/58 | €62,517 | €3,494,032 | +€3.4m | +5,489% |
| Amounts receivable within one year | 40/41 | €48,836 | €2,320 | -€46,516 | -95.2% |
| Trade receivables | 40 | €6,336 | - | -€6,336 | |
| Other amounts receivable | 41 | €42,500 | €2,320 | -€40,180 | -94.5% |
| Cash at bank and in hand | 54/58 | €9,621 | €3,491,691 | +€3.5m | +36,193% |
| Deferred charges and accrued income | 490/1 | €4,060 | €20 | -€4,040 | -99.5% |
| Total equity and liabilities | 10/49 | €644,655 | €4,269,372 | +€3.6m | +562% |
| Equity | 10/15 | €549,041 | €495,265 | -€53,776 | -9.8% |
| Contributions | 10/11 | €399,109 | €399,109 | = | 0.0% |
| Capital | 10 | €399,109 | €399,109 | = | 0.0% |
| Issued capital | 100 | €399,109 | €399,109 | = | 0.0% |
| Reserves | 13 | €128,043 | €75,247 | -€52,796 | -41.2% |
| Non-distributable reserves | 130/1 | €13,116 | €13,116 | = | 0.0% |
| Legal reserve | 130 | €13,116 | €13,116 | = | 0.0% |
| Distributable reserves | 133 | €114,927 | €62,131 | -€52,796 | -45.9% |
| Investment grants | 15 | €21,889 | €20,909 | -€980 | -4.5% |
| Provisions and deferred taxes | 16 | €7,296 | €6,970 | -€327 | -4.5% |
| Deferred taxes | 168 | €7,296 | €6,970 | -€327 | -4.5% |
| Amounts payable | 17/49 | €88,318 | €3,767,138 | +€3.7m | +4,165% |
| Amounts payable after more than one year | 17 | - | €3,445,002 | +€3.4m | |
| Financial debts | 170/4 | - | €3,445,002 | +€3.4m | |
| Amounts payable within one year | 42/48 | €88,318 | €273,690 | +€185,372 | +210% |
| Trade debts | 44 | €88,318 | €133,690 | +€45,372 | +51.4% |
| Suppliers | 440/4 | €88,318 | €133,690 | +€45,372 | +51.4% |
| Other amounts payable | 47/48 | - | €140,000 | +€140,000 | |
| Accrued charges and deferred income | 492/3 | - | €48,446 | +€48,446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,885 | €18,394 | +€509 | +2.8% |
| Other operating charges | 640/8 | €10,145 | €544 | -€9,601 | -94.6% |
| Gross operating margin | 9900 | €7,796 | -€33,119 | -€40,915 | |
| Operating profit (loss) | 9901 | -€20,234 | -€52,057 | -€31,823 | -157% |
| Financial income | 75/76B | €6,480 | €980 | -€5,500 | -84.9% |
| Recurring financial income | 75 | €6,480 | €980 | -€5,500 | -84.9% |
| Financial charges | 65/66B | €319 | €2,046 | +€1,726 | +541% |
| Recurring financial charges | 65 | €319 | €2,046 | +€1,726 | +541% |
| Profit (loss) for the period before taxes | 9903 | -€14,073 | -€53,123 | -€39,050 | -277% |
| Transfer from deferred taxes | 780 | €327 | €327 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€13,746 | -€52,796 | -€39,050 | -284% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,746 | -€52,796 | -€39,050 | -284% |
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.