SAROTEE: 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.
SAROTEE
Largest movements
- Receivables within one year -€11,195
down €11,195 (-64.1%), from €17,470 to €6,275
- Tangible fixed assets +€9,974
up €9,974 (+67.4%), from €14,793 to €24,767
of which Leasing and similar rights: +€22,712
- Cash +€6,648
new in 2025: €6,648
mainly Debts after one year (+€11,456) and Receivables within one year (+€11,195)
- Financial fixed assets +€2,000
up €2,000 (+5000.0%), from €40 to €2,040
- Stocks and contracts -€500
no longer reported in 2025 (was €500)
- Debts after one year +€11,456
up €11,456 (+513.2%), from €2,232 to €13,689
- Short-term financial debts -€8,587
no longer reported in 2025 (was €8,587)
- Other debts +€8,255
up €8,255 (+275.4%), from €2,998 to €11,253
- Tax, wage and social debts -€3,475
down €3,475 (-77.3%), from €4,496 to €1,021
of which Taxes: -€1,745
- Trade debts -€825
down €825 (-60.0%), from €1,375 to €550
- Gross operating margin +€2,578
up €2,578 (+25.8%), from €9,987 to €12,565
- Depreciation -€1,749
down €1,749 (-30.6%), from €5,726 to €3,977
- Financial charges -€693
down €693 (-36.7%), from €1,891 to €1,198
- Other operating charges -€223
down €223 (-19.1%), from €1,167 to €944
- Taxes -€146
down €146 (-67.0%), from €218 to €72
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 | €33,151 | €40,163 | +€7,012 | +21.2% |
| Fixed assets | 21/28 | €14,833 | €26,807 | +€11,974 | +80.7% |
| Tangible fixed assets | 22/27 | €14,793 | €24,767 | +€9,974 | +67.4% |
| Furniture and vehicles | 24 | €14,793 | €2,055 | -€12,738 | -86.1% |
| Leasing and similar rights | 25 | - | €22,712 | +€22,712 | |
| Financial fixed assets | 28 | €40 | €2,040 | +€2,000 | +5000.0% |
| Current assets | 29/58 | €18,319 | €13,356 | -€4,962 | -27.1% |
| Stocks and contracts in progress | 3 | €500 | - | -€500 | |
| Contracts in progress | 37 | €500 | - | -€500 | |
| Amounts receivable within one year | 40/41 | €17,470 | €6,275 | -€11,195 | -64.1% |
| Trade receivables | 40 | €17,470 | €6,275 | -€11,195 | -64.1% |
| Cash at bank and in hand | 54/58 | - | €6,648 | +€6,648 | |
| Deferred charges and accrued income | 490/1 | €349 | €433 | +€84 | +24.2% |
| Total equity and liabilities | 10/49 | €33,151 | €40,163 | +€7,012 | +21.2% |
| Equity | 10/15 | €8,307 | €8,382 | +€75 | +0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,458 | €2,458 | = | 0.0% |
| Distributable reserves | 133 | €2,458 | €2,458 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,551 | -€6,476 | +€75 | +1.1% |
| Amounts payable | 17/49 | €24,844 | €31,781 | +€6,937 | +27.9% |
| Amounts payable after more than one year | 17 | €2,232 | €13,689 | +€11,456 | +513.2% |
| Financial debts | 170/4 | €2,232 | €13,689 | +€11,456 | +513.2% |
| Amounts payable within one year | 42/48 | €22,612 | €18,093 | -€4,519 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €5,157 | €5,269 | +€112 | +2.2% |
| Financial debts | 43 | €8,587 | - | -€8,587 | |
| Credit institutions | 430/8 | €8,587 | - | -€8,587 | |
| Trade debts | 44 | €1,375 | €550 | -€825 | -60.0% |
| Suppliers | 440/4 | €1,375 | €550 | -€825 | -60.0% |
| Taxes, remuneration and social security | 45 | €4,496 | €1,021 | -€3,475 | -77.3% |
| Taxes | 450/3 | €2,066 | €321 | -€1,745 | -84.5% |
| Remuneration and social security | 454/9 | €2,430 | €700 | -€1,730 | -71.2% |
| Other amounts payable | 47/48 | €2,998 | €11,253 | +€8,255 | +275.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,726 | €3,977 | -€1,749 | -30.6% |
| Other operating charges | 640/8 | €1,167 | €944 | -€223 | -19.1% |
| Non-recurring operating charges | 66A | - | €6,300 | +€6,300 | |
| Gross operating margin | 9900 | €9,987 | €12,565 | +€2,578 | +25.8% |
| Operating profit (loss) | 9901 | €3,093 | €1,345 | -€1,749 | -56.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,891 | €1,198 | -€693 | -36.7% |
| Recurring financial charges | 65 | €1,891 | €1,198 | -€693 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €1,203 | €147 | -€1,056 | -87.8% |
| Income taxes | 67/77 | €218 | €72 | -€146 | -67.0% |
| Profit (loss) for the period | 9904 | €984 | €75 | -€910 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €984 | €75 | -€910 | -92.4% |
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 2 October 2026 via checked.be.