SORBIMMO: 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.
SORBIMMO
Largest movements
- Tangible fixed assets -€50,814
down €50,814 (-4.6%), from €1.1m to €1.0m
of which Land and buildings: -€49,973
- Cash -€31,202
down €31,202 (-77.6%), from €40,193 to €8,991
mainly Short-term financial debts (-€55,500) and Net result for the year (-€46,112)
- Short-term financial debts -€55,500
down €55,500 (-6.0%), from €924,625 to €869,125
- Profit (loss) carried forward -€46,112
down €46,112 (-7.0%), from -€660,340 to -€706,452
- Accrued charges and deferred income +€21,592
new in 2025: €21,592
- Financial charges -€16,145
down €16,145 (-35.5%), from €45,469 to €29,324
- Gross operating margin +€9,566
up €9,566 (+23.7%), from €40,339 to €49,905
- Financial income -€3,364
no longer reported in 2025 (was €3,364)
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 | €1,142,426 | €1,058,980 | -€83,446 | -7.3% |
| Fixed assets | 21/28 | €1,099,984 | €1,049,170 | -€50,814 | -4.6% |
| Tangible fixed assets | 22/27 | €1,099,984 | €1,049,170 | -€50,814 | -4.6% |
| Land and buildings | 22 | €1,093,260 | €1,043,287 | -€49,973 | -4.6% |
| Furniture and vehicles | 24 | €6,724 | €5,883 | -€841 | -12.5% |
| Current assets | 29/58 | €42,442 | €9,810 | -€32,632 | -76.9% |
| Cash at bank and in hand | 54/58 | €40,193 | €8,991 | -€31,202 | -77.6% |
| Deferred charges and accrued income | 490/1 | €2,249 | €819 | -€1,430 | -63.6% |
| Total equity and liabilities | 10/49 | €1,142,426 | €1,058,980 | -€83,446 | -7.3% |
| Equity | 10/15 | €172,582 | €126,470 | -€46,112 | -26.7% |
| Contributions | 10/11 | €832,922 | €832,922 | = | 0.0% |
| Capital | 10 | €832,922 | €832,922 | = | 0.0% |
| Issued capital | 100 | €832,922 | €832,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€660,340 | -€706,452 | -€46,112 | -7.0% |
| Amounts payable | 17/49 | €969,844 | €932,510 | -€37,334 | -3.8% |
| Amounts payable within one year | 42/48 | €969,844 | €910,918 | -€58,926 | -6.1% |
| Financial debts | 43 | €924,625 | €869,125 | -€55,500 | -6.0% |
| Credit institutions | 430/8 | €924,625 | €869,125 | -€55,500 | -6.0% |
| Trade debts | 44 | €8,676 | €7,169 | -€1,507 | -17.4% |
| Suppliers | 440/4 | €8,676 | €7,169 | -€1,507 | -17.4% |
| Other amounts payable | 47/48 | €36,543 | €34,624 | -€1,919 | -5.3% |
| Accrued charges and deferred income | 492/3 | - | €21,592 | +€21,592 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,539 | €52,731 | +€192 | +0.4% |
| Other operating charges | 640/8 | €13,537 | €13,962 | +€425 | +3.1% |
| Gross operating margin | 9900 | €40,339 | €49,905 | +€9,566 | +23.7% |
| Operating profit (loss) | 9901 | -€25,737 | -€16,788 | +€8,949 | +34.8% |
| Financial income | 75/76B | €3,364 | - | -€3,364 | |
| Recurring financial income | 75 | €3,364 | - | -€3,364 | |
| Financial charges | 65/66B | €45,469 | €29,324 | -€16,145 | -35.5% |
| Recurring financial charges | 65 | €45,469 | €29,324 | -€16,145 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | -€67,842 | -€46,112 | +€21,730 | +32.0% |
| Profit (loss) for the period | 9904 | -€67,842 | -€46,112 | +€21,730 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,842 | -€46,112 | +€21,730 | +32.0% |
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 1 October 2026 via checked.be.