SOBRY: 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.
SOBRY
Largest movements
- Cash +€254,803
up €254,803 (+39.6%), from €643,809 to €898,612
mainly Net result for the year (+€181,046) and Depreciation (+€55,339)
- Receivables within one year -€41,412
down €41,412 (-14.6%), from €283,307 to €241,895
of which Trade receivables: -€31,859
- Tangible fixed assets -€40,541
down €40,541 (-13.3%), from €305,690 to €265,149
of which Plant, machinery and equipment: -€28,937
- Reserves +€370,344
up €370,344 (+39.0%), from €950,704 to €1.3m
- Profit (loss) carried forward -€189,298
down €189,298 (-100.0%), from €189,298 to €0
- Trade debts -€36,432
down €36,432 (-26.7%), from €136,633 to €100,201
- Other debts +€31,823
up €31,823 (+4.4%), from €721,624 to €753,447
- Gross operating margin +€144,640
up €144,640 (+32.1%), from €450,051 to €594,691
- Staff costs +€69,647
up €69,647 (+44.5%), from €156,411 to €226,058
- Taxes +€51,221
up €51,221 (+306.8%), from €16,696 to €67,917
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 | €2,061,180 | €2,244,664 | +€183,484 | +8.9% |
| Fixed assets | 21/28 | €308,169 | €267,628 | -€40,541 | -13.2% |
| Tangible fixed assets | 22/27 | €305,690 | €265,149 | -€40,541 | -13.3% |
| Land and buildings | 22 | €202,866 | €195,946 | -€6,920 | -3.4% |
| Plant, machinery and equipment | 23 | €96,548 | €67,611 | -€28,937 | -30.0% |
| Furniture and vehicles | 24 | €6,276 | €1,592 | -€4,684 | -74.6% |
| Financial fixed assets | 28 | €2,479 | €2,479 | = | 0.0% |
| Current assets | 29/58 | €1,753,011 | €1,977,036 | +€224,025 | +12.8% |
| Stocks and contracts in progress | 3 | €357,197 | €360,386 | +€3,189 | +0.9% |
| Stocks | 30/36 | €357,197 | €360,386 | +€3,189 | +0.9% |
| Amounts receivable within one year | 40/41 | €283,307 | €241,895 | -€41,412 | -14.6% |
| Trade receivables | 40 | €261,302 | €229,443 | -€31,859 | -12.2% |
| Other amounts receivable | 41 | €22,004 | €12,452 | -€9,553 | -43.4% |
| Current investments | 50/53 | €467,258 | €474,734 | +€7,476 | +1.6% |
| Cash at bank and in hand | 54/58 | €643,809 | €898,612 | +€254,803 | +39.6% |
| Deferred charges and accrued income | 490/1 | €1,441 | €1,408 | -€32 | -2.2% |
| Total equity and liabilities | 10/49 | €2,061,180 | €2,244,664 | +€183,484 | +8.9% |
| Equity | 10/15 | €1,164,801 | €1,345,847 | +€181,046 | +15.5% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €950,704 | €1,321,047 | +€370,344 | +39.0% |
| Distributable reserves | 133 | €950,704 | €1,321,047 | +€370,344 | +39.0% |
| Profit (loss) carried forward | 14 | €189,298 | €0 | -€189,298 | -100.0% |
| Amounts payable | 17/49 | €896,378 | €898,816 | +€2,438 | +0.3% |
| Amounts payable within one year | 42/48 | €896,378 | €898,816 | +€2,438 | +0.3% |
| Trade debts | 44 | €136,633 | €100,201 | -€36,432 | -26.7% |
| Suppliers | 440/4 | €136,633 | €100,201 | -€36,432 | -26.7% |
| Taxes, remuneration and social security | 45 | €38,121 | €45,168 | +€7,047 | +18.5% |
| Taxes | 450/3 | €25,236 | €29,283 | +€4,047 | +16.0% |
| Remuneration and social security | 454/9 | €12,885 | €15,885 | +€3,000 | +23.3% |
| Other amounts payable | 47/48 | €721,624 | €753,447 | +€31,823 | +4.4% |
| Remuneration, social security and pensions | 62 | €156,411 | €226,058 | +€69,647 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,914 | €55,339 | +€4,425 | +8.7% |
| Other operating charges | 640/8 | €24,622 | €25,503 | +€881 | +3.6% |
| Gross operating margin | 9900 | €450,051 | €594,691 | +€144,640 | +32.1% |
| Operating profit (loss) | 9901 | €218,104 | €287,791 | +€69,687 | +32.0% |
| Financial income | 75/76B | €17,222 | €11,795 | -€5,427 | -31.5% |
| Recurring financial income | 75 | €17,222 | €11,795 | -€5,427 | -31.5% |
| Financial charges | 65/66B | €56,432 | €50,623 | -€5,809 | -10.3% |
| Recurring financial charges | 65 | €56,432 | €50,623 | -€5,809 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €178,895 | €248,963 | +€70,069 | +39.2% |
| Income taxes | 67/77 | €16,696 | €67,917 | +€51,221 | +306.8% |
| Profit (loss) for the period | 9904 | €162,199 | €181,046 | +€18,847 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €162,199 | €181,046 | +€18,847 | +11.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.