SOBRUNOL: 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.
SOBRUNOL
Largest movements
- Cash -€19,413
down €19,413 (-15.7%), from €123,843 to €104,430
mainly Other debts (-€34,029) and Investment in fixed assets (net) (-€20,000)
- Stocks and contracts +€7,784
up €7,784 (+6.7%), from €115,751 to €123,535
- Tangible fixed assets -€7,768
down €7,768 (-8.9%), from €87,199 to €79,431
of which Furniture and vehicles: -€11,447
- Other debts -€34,029
down €34,029 (-47.7%), from €71,333 to €37,305
- Trade debts +€17,822
up €17,822 (+98.6%), from €18,078 to €35,901
- Reserves +€6,946
up €6,946 (+3.2%), from €216,934 to €223,880
of which Distributable reserves: +€6,946
- Accrued charges and deferred income -€4,993
down €4,993 (-83.6%), from €5,975 to €982
- Staff costs +€3,801
up €3,801 (+3.4%), from €112,214 to €116,015
- Gross operating margin +€2,548
up €2,548 (+1.6%), from €163,869 to €166,417
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.
Derived cash bridge
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 | €432,190 | €412,867 | -€19,323 | -4.5% |
| Fixed assets | 21/28 | €87,199 | €79,431 | -€7,768 | -8.9% |
| Tangible fixed assets | 22/27 | €87,199 | €79,431 | -€7,768 | -8.9% |
| Land and buildings | 22 | €57,868 | €66,965 | +€9,097 | +15.7% |
| Plant, machinery and equipment | 23 | €14,770 | €9,353 | -€5,418 | -36.7% |
| Furniture and vehicles | 24 | €14,560 | €3,113 | -€11,447 | -78.6% |
| Current assets | 29/58 | €344,991 | €333,436 | -€11,555 | -3.3% |
| Stocks and contracts in progress | 3 | €115,751 | €123,535 | +€7,784 | +6.7% |
| Stocks | 30/36 | €115,751 | €123,535 | +€7,784 | +6.7% |
| Amounts receivable within one year | 40/41 | €24,047 | €23,526 | -€521 | -2.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €24,047 | €23,526 | -€521 | -2.2% |
| Current investments | 50/53 | €77,914 | €77,914 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €123,843 | €104,430 | -€19,413 | -15.7% |
| Deferred charges and accrued income | 490/1 | €3,436 | €4,032 | +€596 | +17.3% |
| Total equity and liabilities | 10/49 | €432,190 | €412,867 | -€19,323 | -4.5% |
| Equity | 10/15 | €321,934 | €328,880 | +€6,946 | +2.2% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Capital | 10 | €105,000 | €105,000 | = | 0.0% |
| Issued capital | 100 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €216,934 | €223,880 | +€6,946 | +3.2% |
| Non-distributable reserves | 130/1 | €10,500 | €10,500 | = | 0.0% |
| Legal reserve | 130 | €10,500 | €10,500 | = | 0.0% |
| Distributable reserves | 133 | €206,434 | €213,380 | +€6,946 | +3.4% |
| Amounts payable | 17/49 | €110,256 | €83,987 | -€26,269 | -23.8% |
| Amounts payable within one year | 42/48 | €104,280 | €83,005 | -€21,275 | -20.4% |
| Financial debts | 43 | €2,025 | €28 | -€1,997 | -98.6% |
| Credit institutions | 430/8 | €2,025 | €28 | -€1,997 | -98.6% |
| Trade debts | 44 | €18,078 | €35,901 | +€17,822 | +98.6% |
| Suppliers | 440/4 | €18,078 | €35,901 | +€17,822 | +98.6% |
| Taxes, remuneration and social security | 45 | €12,844 | €9,772 | -€3,072 | -23.9% |
| Taxes | 450/3 | €5,545 | €2,222 | -€3,323 | -59.9% |
| Remuneration and social security | 454/9 | €7,299 | €7,550 | +€251 | +3.4% |
| Other amounts payable | 47/48 | €71,333 | €37,305 | -€34,029 | -47.7% |
| Accrued charges and deferred income | 492/3 | €5,975 | €982 | -€4,993 | -83.6% |
| Remuneration, social security and pensions | 62 | €112,214 | €116,015 | +€3,801 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,769 | €27,768 | -€1,001 | -3.5% |
| Other operating charges | 640/8 | €3,836 | €3,866 | +€30 | +0.8% |
| Gross operating margin | 9900 | €163,869 | €166,417 | +€2,548 | +1.6% |
| Operating profit (loss) | 9901 | €19,049 | €18,768 | -€281 | -1.5% |
| Financial income | 75/76B | €57 | €244 | +€188 | +332% |
| Recurring financial income | 75 | €57 | €244 | +€188 | +332% |
| Financial charges | 65/66B | €4,584 | €5,118 | +€535 | +11.7% |
| Recurring financial charges | 65 | €4,584 | €5,118 | +€535 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €14,522 | €13,894 | -€628 | -4.3% |
| Income taxes | 67/77 | €6,414 | €6,949 | +€535 | +8.3% |
| Profit (loss) for the period | 9904 | €8,109 | €6,946 | -€1,163 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,109 | €6,946 | -€1,163 | -14.3% |
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 19 October 2026 via checked.be.