SORBIERS 51: 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.
SORBIERS 51
Largest movements
- Tangible fixed assets +€26,683
up €26,683 (+3,715%), from €718 to €27,401
- Receivables within one year -€23,600
down €23,600 (-46.1%), from €51,231 to €27,631
of which Trade receivables: -€23,600
- Cash +€14,560
up €14,560 (+84.0%), from €17,336 to €31,896
mainly Net result for the year (+€57,655) and Receivables within one year (+€23,600)
- Tax, wage and social debts -€20,844
down €20,844 (-54.6%), from €38,209 to €17,365
of which Taxes: -€21,195
- Reserves +€20,000
up €20,000 (+10.9%), from €183,000 to €203,000
- Financial income +€62,500
new in 2025: €62,500
- Gross operating margin -€24,277
down €24,277 (-24.1%), from €100,666 to €76,389
- Financial charges -€4,447
down €4,447 (-16.0%), from €27,853 to €23,406
- Taxes -€1,727
down €1,727 (-13.3%), from €13,025 to €11,298
- Staff costs +€1,484
up €1,484 (+3.5%), from €41,956 to €43,439
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 | €1,269,285 | €1,288,651 | +€19,366 | +1.5% |
| Fixed assets | 21/28 | €1,200,718 | €1,227,401 | +€26,683 | +2.2% |
| Tangible fixed assets | 22/27 | €718 | €27,401 | +€26,683 | +3,715% |
| Furniture and vehicles | 24 | €718 | €27,401 | +€26,683 | +3,715% |
| Financial fixed assets | 28 | €1,200,000 | €1,200,000 | = | 0.0% |
| Current assets | 29/58 | €68,567 | €61,250 | -€7,317 | -10.7% |
| Amounts receivable within one year | 40/41 | €51,231 | €27,631 | -€23,600 | -46.1% |
| Trade receivables | 40 | €42,256 | €18,656 | -€23,600 | -55.8% |
| Other amounts receivable | 41 | €8,975 | €8,975 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,336 | €31,896 | +€14,560 | +84.0% |
| Deferred charges and accrued income | 490/1 | - | €1,722 | +€1,722 | |
| Total equity and liabilities | 10/49 | €1,269,285 | €1,288,651 | +€19,366 | +1.5% |
| Equity | 10/15 | €854,578 | €875,233 | +€20,655 | +2.4% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €183,000 | €203,000 | +€20,000 | +10.9% |
| Distributable reserves | 133 | €183,000 | €203,000 | +€20,000 | +10.9% |
| Profit (loss) carried forward | 14 | €71,578 | €72,233 | +€655 | +0.9% |
| Amounts payable | 17/49 | €414,707 | €413,418 | -€1,289 | -0.3% |
| Amounts payable after more than one year | 17 | - | €11,369 | +€11,369 | |
| Financial debts | 170/4 | - | €11,369 | +€11,369 | |
| Amounts payable within one year | 42/48 | €386,855 | €377,883 | -€8,972 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,970 | +€11,970 | |
| Financial debts | 43 | €11 | €11 | = | 0.0% |
| Credit institutions | 430/8 | €11 | €11 | = | 0.0% |
| Trade debts | 44 | €5,845 | €1,062 | -€4,782 | -81.8% |
| Suppliers | 440/4 | €5,845 | €1,062 | -€4,782 | -81.8% |
| Taxes, remuneration and social security | 45 | €38,209 | €17,365 | -€20,844 | -54.6% |
| Taxes | 450/3 | €29,636 | €8,441 | -€21,195 | -71.5% |
| Remuneration and social security | 454/9 | €8,573 | €8,924 | +€351 | +4.1% |
| Other amounts payable | 47/48 | €342,791 | €347,474 | +€4,684 | +1.4% |
| Accrued charges and deferred income | 492/3 | €27,852 | €24,166 | -€3,686 | -13.2% |
| Remuneration, social security and pensions | 62 | €41,956 | €43,439 | +€1,484 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373 | €954 | +€580 | +155% |
| Other operating charges | 640/8 | €1,053 | €2,137 | +€1,085 | +103% |
| Gross operating margin | 9900 | €100,666 | €76,389 | -€24,277 | -24.1% |
| Operating profit (loss) | 9901 | €57,285 | €29,859 | -€27,426 | -47.9% |
| Financial income | 75/76B | - | €62,500 | +€62,500 | |
| Recurring financial income | 75 | - | €62,500 | +€62,500 | |
| Financial charges | 65/66B | €27,853 | €23,406 | -€4,447 | -16.0% |
| Recurring financial charges | 65 | €27,853 | €23,406 | -€4,447 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €29,432 | €68,953 | +€39,521 | +134% |
| Income taxes | 67/77 | €13,025 | €11,298 | -€1,727 | -13.3% |
| Profit (loss) for the period | 9904 | €16,407 | €57,655 | +€41,248 | +251% |
| Profit (loss) for the period to be appropriated | 9905 | €16,407 | €57,655 | +€41,248 | +251% |
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 22 October 2026 via checked.be.