Sobry Ortho Projects: 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.
Sobry Ortho Projects
Largest movements
- Receivables within one year +€17,001
up €17,001 (+41.8%), from €40,633 to €57,634
of which Other amounts receivable: +€15,838
- Cash +€9,750
up €9,750 (+2.9%), from €339,316 to €349,066
mainly Other debts (+€220,347) and Net result for the year (+€55,572)
- Tangible fixed assets -€4,439
down €4,439 (-88.6%), from €5,010 to €571
of which Furniture and vehicles: -€2,710
- Other debts +€220,347
up €220,347 (+3,861%), from €5,707 to €226,054
- Reserves -€203,251
down €203,251 (-63.0%), from €322,793 to €119,542
of which Distributable reserves: -€203,251
- Tax, wage and social debts +€13,952
up €13,952 (+138%), from €10,081 to €24,033
of which Taxes: +€13,633
- Trade debts -€10,571
down €10,571 (-29.5%), from €35,835 to €25,264
- Gross operating margin -€30,305
down €30,305 (-28.7%), from €105,741 to €75,436
- Taxes -€5,966
down €5,966 (-26.8%), from €22,278 to €16,312
- Depreciation -€1,274
down €1,274 (-21.8%), from €5,850 to €4,576
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 | €392,966 | €413,443 | +€20,477 | +5.2% |
| Fixed assets | 21/28 | €6,648 | €2,071 | -€4,576 | -68.8% |
| Intangible fixed assets | 21 | €137 | - | -€137 | |
| Tangible fixed assets | 22/27 | €5,010 | €571 | -€4,439 | -88.6% |
| Plant, machinery and equipment | 23 | €1,729 | - | -€1,729 | |
| Furniture and vehicles | 24 | €3,282 | €571 | -€2,710 | -82.6% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €386,319 | €411,372 | +€25,053 | +6.5% |
| Stocks and contracts in progress | 3 | €4,182 | €3,977 | -€205 | -4.9% |
| Stocks | 30/36 | €4,182 | €3,977 | -€205 | -4.9% |
| Amounts receivable within one year | 40/41 | €40,633 | €57,634 | +€17,001 | +41.8% |
| Trade receivables | 40 | €40,633 | €41,796 | +€1,163 | +2.9% |
| Other amounts receivable | 41 | - | €15,838 | +€15,838 | |
| Cash at bank and in hand | 54/58 | €339,316 | €349,066 | +€9,750 | +2.9% |
| Deferred charges and accrued income | 490/1 | €2,187 | €694 | -€1,493 | -68.3% |
| Total equity and liabilities | 10/49 | €392,966 | €413,443 | +€20,477 | +5.2% |
| Equity | 10/15 | €341,343 | €138,092 | -€203,251 | -59.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €322,793 | €119,542 | -€203,251 | -63.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €320,938 | €117,687 | -€203,251 | -63.3% |
| Amounts payable | 17/49 | €51,623 | €275,351 | +€223,728 | +433% |
| Amounts payable within one year | 42/48 | €51,623 | €275,351 | +€223,728 | +433% |
| Trade debts | 44 | €35,835 | €25,264 | -€10,571 | -29.5% |
| Suppliers | 440/4 | €35,835 | €25,264 | -€10,571 | -29.5% |
| Taxes, remuneration and social security | 45 | €10,081 | €24,033 | +€13,952 | +138% |
| Taxes | 450/3 | €7,544 | €21,176 | +€13,633 | +181% |
| Remuneration and social security | 454/9 | €2,537 | €2,856 | +€319 | +12.6% |
| Other amounts payable | 47/48 | €5,707 | €226,054 | +€220,347 | +3,861% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,850 | €4,576 | -€1,274 | -21.8% |
| Other operating charges | 640/8 | €811 | €902 | +€91 | +11.2% |
| Gross operating margin | 9900 | €105,741 | €75,436 | -€30,305 | -28.7% |
| Operating profit (loss) | 9901 | €99,079 | €69,958 | -€29,122 | -29.4% |
| Financial income | 75/76B | €1,377 | €2,040 | +€663 | +48.1% |
| Recurring financial income | 75 | €1,377 | €2,040 | +€663 | +48.1% |
| Financial charges | 65/66B | €153 | €114 | -€39 | -25.4% |
| Recurring financial charges | 65 | €153 | €114 | -€39 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €100,304 | €71,884 | -€28,420 | -28.3% |
| Income taxes | 67/77 | €22,278 | €16,312 | -€5,966 | -26.8% |
| Profit (loss) for the period | 9904 | €78,026 | €55,572 | -€22,453 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,026 | €55,572 | -€22,453 | -28.8% |
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 14 October 2026 via checked.be.