SETTANTOTTO: 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.
SETTANTOTTO
Largest movements
- Receivables within one year +€30,264
new in 2025: €30,264
- Cash +€26,017
up €26,017 (+566.4%), from €4,593 to €30,610
mainly Accrued charges and deferred income (+€27,951) and Tax, wage and social debts (+€9,111)
- Stocks and contracts -€3,982
down €3,982 (-8.3%), from €48,076 to €44,094
- Deferred charges and accrued income -€3,173
down €3,173 (-65.4%), from €4,855 to €1,682
- Tangible fixed assets -€2,204
down €2,204 (-15.6%), from €14,158 to €11,954
of which Land and buildings: -€1,587
- Accrued charges and deferred income +€27,951
new in 2025: €27,951
- Tax, wage and social debts +€9,111
up €9,111 (+113.3%), from €8,040 to €17,150
- Profit (loss) carried forward +€5,038
no longer reported in 2025 (was -€5,038)
- Reserves +€3,654
up €3,654 (+36.1%), from €10,121 to €13,775
- Debts after one year -€2,487
down €2,487 (-19.6%), from €12,686 to €10,199
of which Financial debts: -€12,686
- Gross operating margin +€15,798
up €15,798, from -€807 to €14,991
- Taxes +€3,495
new in 2025: €3,495
- Financial charges -€937
down €937 (-65.3%), from €1,435 to €498
- Other operating charges -€638
down €638 (-86.0%), from €741 to €104
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 | €71,807 | €118,603 | +€46,796 | +65.2% |
| Fixed assets | 21/28 | €14,283 | €11,954 | -€2,329 | -16.3% |
| Tangible fixed assets | 22/27 | €14,158 | €11,954 | -€2,204 | -15.6% |
| Land and buildings | 22 | €13,317 | €11,730 | -€1,587 | -11.9% |
| Plant, machinery and equipment | 23 | €469 | - | -€469 | |
| Furniture and vehicles | 24 | €372 | €224 | -€148 | -39.8% |
| Financial fixed assets | 28 | €125 | - | -€125 | |
| Current assets | 29/58 | €57,525 | €106,649 | +€49,125 | +85.4% |
| Stocks and contracts in progress | 3 | €48,076 | €44,094 | -€3,982 | -8.3% |
| Stocks | 30/36 | €48,076 | €44,094 | -€3,982 | -8.3% |
| Amounts receivable within one year | 40/41 | - | €30,264 | +€30,264 | |
| Trade receivables | 40 | - | €30,264 | +€30,264 | |
| Cash at bank and in hand | 54/58 | €4,593 | €30,610 | +€26,017 | +566.4% |
| Deferred charges and accrued income | 490/1 | €4,855 | €1,682 | -€3,173 | -65.4% |
| Total equity and liabilities | 10/49 | €71,807 | €118,603 | +€46,796 | +65.2% |
| Equity | 10/15 | €8,084 | €16,775 | +€8,691 | +107.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,121 | €13,775 | +€3,654 | +36.1% |
| Distributable reserves | 133 | €10,121 | €13,775 | +€3,654 | +36.1% |
| Profit (loss) carried forward | 14 | -€5,038 | - | +€5,038 | |
| Amounts payable | 17/49 | €63,724 | €101,828 | +€38,105 | +59.8% |
| Amounts payable after more than one year | 17 | €12,686 | €10,199 | -€2,487 | -19.6% |
| Financial debts | 170/4 | €12,686 | - | -€12,686 | |
| Other amounts payable | 178/9 | - | €10,199 | +€10,199 | |
| Amounts payable within one year | 42/48 | €51,038 | €63,679 | +€12,641 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | €2,462 | €2,487 | +€25 | +1.0% |
| Trade debts | 44 | €5,825 | €7,857 | +€2,033 | +34.9% |
| Suppliers | 440/4 | €5,825 | €7,857 | +€2,033 | +34.9% |
| Taxes, remuneration and social security | 45 | €8,040 | €17,150 | +€9,111 | +113.3% |
| Taxes | 450/3 | €8,040 | €17,150 | +€9,111 | +113.3% |
| Other amounts payable | 47/48 | €34,711 | €36,184 | +€1,473 | +4.2% |
| Accrued charges and deferred income | 492/3 | - | €27,951 | +€27,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,055 | €2,204 | +€149 | +7.3% |
| Other operating charges | 640/8 | €741 | €104 | -€638 | -86.0% |
| Gross operating margin | 9900 | -€807 | €14,991 | +€15,798 | |
| Operating profit (loss) | 9901 | -€3,603 | €12,683 | +€16,286 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,435 | €498 | -€937 | -65.3% |
| Recurring financial charges | 65 | €1,435 | €498 | -€937 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,038 | €12,186 | +€17,223 | |
| Income taxes | 67/77 | - | €3,495 | +€3,495 | |
| Profit (loss) for the period | 9904 | -€5,038 | €8,691 | +€13,729 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,038 | €8,691 | +€13,729 |
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 8 October 2026 via checked.be.