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SORB: 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.

What changed

SORB

BE 0454.708.284
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,848
2024 · €8,394+€454
Equity
€243,091
2024 · €234,244+€8,848
Cash
€107
2024 · €34+€73
Balance sheet total
€438,933
2024 · €426,378+€12,555

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€11,808

    up €11,808 (+67.8%), from €17,424 to €29,232

    of which Other amounts receivable: +€11,808

Equity and liabilities
  • Other debts +€12,393

    up €12,393 (+9.1%), from €135,997 to €148,390

  • Reserves +€8,848

    up €8,848 (+4.1%), from €215,644 to €224,491

    of which Distributable reserves: +€8,848

  • Tax, wage and social debts -€8,686

    down €8,686 (-43.8%), from €19,837 to €11,151

Income statement
  • Financial income +€675

    up €675 (+5.6%), from €12,141 to €12,816

  • Taxes +€259

    up €259 (+8.5%), from €3,056 to €3,314

  • Gross operating margin +€39

    up €39 (+30.5%), from -€127 to -€89

  • Other operating charges +€9

    up €9 (+2.3%), from €384 to €393

  • Financial charges -€7

    down €7 (-4.1%), from €180 to €173

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,394
Gross operating margin +€39
Other operating charges -€9
Financial income +€675
Financial charges +€7
Taxes -€259
Result 2025 €8,848

Cash bridge derived

cash 2024 to 2025

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.

From operations +€73
Investment €0
Financing €0
Cash 2024 €34
Net result for the year +€8,848
Receivables within one year -€11,808
Deferred charges and accrued income -€675
Tax, wage and social debts -€8,686
Other debts +€12,393
Cash 2025 €107
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €426,378 €438,933 +€12,555 +2.9%
Current assets 29/58 €426,378 €438,933 +€12,555 +2.9%
Amounts receivable after more than one year 29 €396,778 €396,778 = 0.0%
Other amounts receivable 291 €396,778 €396,778 = 0.0%
Amounts receivable within one year 40/41 €17,424 €29,232 +€11,808 +67.8%
Trade receivables 40 €17,424 €17,424 = 0.0%
Other amounts receivable 41 - €11,808 +€11,808
Cash at bank and in hand 54/58 €34 €107 +€73 +211.4%
Deferred charges and accrued income 490/1 €12,141 €12,816 +€675 +5.6%
Total equity and liabilities 10/49 €426,378 €438,933 +€12,555 +2.9%
Equity 10/15 €234,244 €243,091 +€8,848 +3.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €215,644 €224,491 +€8,848 +4.1%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €213,784 €222,631 +€8,848 +4.1%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €192,134 €195,841 +€3,707 +1.9%
Amounts payable within one year 42/48 €192,134 €195,841 +€3,707 +1.9%
Trade debts 44 €36,300 €36,300 = 0.0%
Suppliers 440/4 €36,300 €36,300 = 0.0%
Taxes, remuneration and social security 45 €19,837 €11,151 -€8,686 -43.8%
Taxes 450/3 €19,837 €11,151 -€8,686 -43.8%
Other amounts payable 47/48 €135,997 €148,390 +€12,393 +9.1%
Other operating charges 640/8 €384 €393 +€9 +2.3%
Gross operating margin 9900 -€127 -€89 +€39 +30.5%
Operating profit (loss) 9901 -€512 -€482 +€30 +5.9%
Financial income 75/76B €12,141 €12,816 +€675 +5.6%
Recurring financial income 75 €12,141 €12,816 +€675 +5.6%
Financial charges 65/66B €180 €173 -€7 -4.1%
Recurring financial charges 65 €180 €173 -€7 -4.1%
Profit (loss) for the period before taxes 9903 €11,450 €12,162 +€712 +6.2%
Income taxes 67/77 €3,056 €3,314 +€259 +8.5%
Profit (loss) for the period 9904 €8,394 €8,848 +€454 +5.4%
Profit (loss) for the period to be appropriated 9905 €8,394 €8,848 +€454 +5.4%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.