S&O Technics: 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.
S&O Technics
Largest movements
- Receivables within one year +€91,889
up €91,889 (+40.7%), from €225,585 to €317,474
of which Other amounts receivable: +€57,512
- Tangible fixed assets -€25,716
down €25,716 (-85.4%), from €30,128 to €4,412
of which Furniture and vehicles: -€24,933
- Deferred charges and accrued income -€15,780
no longer reported in 2025 (was €15,780)
- Reserves +€65,000
up €65,000 (+54.2%), from €120,000 to €185,000
- Current portion of long-term debt -€13,190
down €13,190 (-72.4%), from €18,215 to €5,025
- Trade debts -€5,773
down €5,773 (-11.5%), from €50,246 to €44,473
- Debts after one year -€4,477
no longer reported in 2025 (was €4,477)
- Profit (loss) carried forward +€3,927
up €3,927 (+22.0%), from €17,818 to €21,746
- Gross operating margin -€13,031
down €13,031 (-9.6%), from €136,033 to €123,001
- Depreciation -€9,000
down €9,000 (-46.3%), from €19,450 to €10,450
- Staff costs +€3,140
new in 2025: €3,140
- Financial income +€1,889
up €1,889 (+19.6%), from €9,633 to €11,522
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 | €277,196 | €325,846 | +€48,651 | +17.6% |
| Fixed assets | 21/28 | €32,128 | €6,412 | -€25,716 | -80.0% |
| Tangible fixed assets | 22/27 | €30,128 | €4,412 | -€25,716 | -85.4% |
| Plant, machinery and equipment | 23 | €1,355 | €572 | -€782 | -57.8% |
| Furniture and vehicles | 24 | €28,773 | €3,840 | -€24,933 | -86.7% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €245,068 | €319,434 | +€74,366 | +30.3% |
| Amounts receivable within one year | 40/41 | €225,585 | €317,474 | +€91,889 | +40.7% |
| Trade receivables | 40 | €53,327 | €87,705 | +€34,378 | +64.5% |
| Other amounts receivable | 41 | €172,257 | €229,769 | +€57,512 | +33.4% |
| Cash at bank and in hand | 54/58 | €3,703 | €1,960 | -€1,743 | -47.1% |
| Deferred charges and accrued income | 490/1 | €15,780 | - | -€15,780 | |
| Total equity and liabilities | 10/49 | €277,196 | €325,846 | +€48,651 | +17.6% |
| Equity | 10/15 | €141,818 | €210,746 | +€68,927 | +48.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €120,000 | €185,000 | +€65,000 | +54.2% |
| Distributable reserves | 133 | €120,000 | €185,000 | +€65,000 | +54.2% |
| Profit (loss) carried forward | 14 | €17,818 | €21,746 | +€3,927 | +22.0% |
| Amounts payable | 17/49 | €135,377 | €115,101 | -€20,277 | -15.0% |
| Amounts payable after more than one year | 17 | €4,477 | - | -€4,477 | |
| Financial debts | 170/4 | €4,477 | - | -€4,477 | |
| Amounts payable within one year | 42/48 | €130,864 | €113,112 | -€17,752 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €18,215 | €5,025 | -€13,190 | -72.4% |
| Trade debts | 44 | €50,246 | €44,473 | -€5,773 | -11.5% |
| Suppliers | 440/4 | €50,246 | €44,473 | -€5,773 | -11.5% |
| Taxes, remuneration and social security | 45 | €62,403 | €63,615 | +€1,211 | +1.9% |
| Taxes | 450/3 | €62,403 | €63,454 | +€1,051 | +1.7% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Accrued charges and deferred income | 492/3 | €36 | €1,989 | +€1,952 | +5355.4% |
| Remuneration, social security and pensions | 62 | - | €3,140 | +€3,140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,450 | €10,450 | -€9,000 | -46.3% |
| Other operating charges | 640/8 | €7,684 | €8,893 | +€1,210 | +15.7% |
| Gross operating margin | 9900 | €136,033 | €123,001 | -€13,031 | -9.6% |
| Operating profit (loss) | 9901 | €108,899 | €100,517 | -€8,381 | -7.7% |
| Financial income | 75/76B | €9,633 | €11,522 | +€1,889 | +19.6% |
| Recurring financial income | 75 | €9,633 | €11,522 | +€1,889 | +19.6% |
| Financial charges | 65/66B | €8,711 | €7,635 | -€1,075 | -12.3% |
| Recurring financial charges | 65 | €8,711 | €7,635 | -€1,075 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €109,821 | €104,404 | -€5,417 | -4.9% |
| Income taxes | 67/77 | €34,646 | €35,476 | +€831 | +2.4% |
| Profit (loss) for the period | 9904 | €75,175 | €68,927 | -€6,248 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,175 | €68,927 | -€6,248 | -8.3% |
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 6 October 2026 via checked.be.