SORABEL: 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.
SORABEL
Largest movements
- Tangible fixed assets -€8,911
down €8,911 (-28.1%), from €31,698 to €22,787
of which Furniture and vehicles: -€8,830
- Profit (loss) carried forward +€26,874
up €26,874 (+5.7%), from €471,277 to €498,151
- Current portion of long-term debt -€20,961
no longer reported in 2024 (was €20,961)
- Turnover +€271,266
new in 2024: €271,266
- Purchases and services +€212,080
new in 2024: €212,080
- Gross operating margin -€50,082
down €50,082 (-43.7%), from €114,724 to €64,642
- Financial income -€45,378
down €45,378 (-99.8%), from €45,464 to €86
of which Non-recurring financial income: -€29,500
- Taxes -€16,103
down €16,103 (-45.4%), from €35,431 to €19,328
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €679,441 | €672,074 | -€7,367 | -1.1% |
| Fixed assets | 21/28 | €31,723 | €22,812 | -€8,911 | -28.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €31,698 | €22,787 | -€8,911 | -28.1% |
| Furniture and vehicles | 24 | €23,955 | €15,125 | -€8,830 | -36.9% |
| Other tangible fixed assets | 26 | €7,743 | €7,662 | -€81 | -1.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €647,719 | €649,262 | +€1,544 | +0.2% |
| Amounts receivable after more than one year | 29 | €641,488 | €641,488 | = | 0.0% |
| Other amounts receivable | 291 | €641,488 | €641,488 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €676 | €672 | -€4 | -0.5% |
| Trade receivables | 40 | €676 | - | -€676 | |
| Other amounts receivable | 41 | - | €672 | +€672 | |
| Cash at bank and in hand | 54/58 | €4,571 | €7,102 | +€2,531 | +55.4% |
| Deferred charges and accrued income | 490/1 | €984 | - | -€984 | |
| Total equity and liabilities | 10/49 | €679,441 | €672,074 | -€7,367 | -1.1% |
| Equity | 10/15 | €612,236 | €639,111 | +€26,874 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €134,759 | €134,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Other | 1319 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €132,900 | €132,900 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €471,277 | €498,151 | +€26,874 | +5.7% |
| Amounts payable | 17/49 | €67,205 | €32,964 | -€34,241 | -51.0% |
| Amounts payable after more than one year | 17 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Financial debts | 170/4 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Amounts payable within one year | 42/48 | €42,205 | €12,964 | -€29,241 | -69.3% |
| Current portion of amounts payable after more than one year | 42 | €20,961 | - | -€20,961 | |
| Trade debts | 44 | €7,247 | €4,466 | -€2,780 | -38.4% |
| Suppliers | 440/4 | €7,247 | €4,466 | -€2,780 | -38.4% |
| Taxes, remuneration and social security | 45 | €13,998 | €8,498 | -€5,500 | -39.3% |
| Taxes | 450/3 | €13,998 | €8,498 | -€5,500 | -39.3% |
| Turnover | 70 | - | €271,266 | +€271,266 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €212,080 | +€212,080 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,432 | €11,208 | +€776 | +7.4% |
| Other operating charges | 640/8 | €1,632 | €2,072 | +€440 | +26.9% |
| Gross operating margin | 9900 | €114,724 | €64,642 | -€50,082 | -43.7% |
| Operating profit (loss) | 9901 | €102,660 | €51,362 | -€51,298 | -50.0% |
| Financial income | 75/76B | €45,464 | €86 | -€45,378 | -99.8% |
| Recurring financial income | 75 | €15,964 | €86 | -€15,878 | -99.5% |
| Non-recurring financial income | 76B | €29,500 | - | -€29,500 | |
| Financial charges | 65/66B | €1,943 | €5,247 | +€3,303 | +170.0% |
| Recurring financial charges | 65 | €1,943 | €5,247 | +€3,303 | +170.0% |
| Profit (loss) for the period before taxes | 9903 | €146,181 | €46,202 | -€99,979 | -68.4% |
| Income taxes | 67/77 | €35,431 | €19,328 | -€16,103 | -45.4% |
| Profit (loss) for the period | 9904 | €110,751 | €26,874 | -€83,876 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €110,751 | €26,874 | -€83,876 | -75.7% |
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 28 September 2026 via checked.be.