Sorento Construct: 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.
Sorento Construct
Largest movements
- Receivables within one year +€21,597
up €21,597 (+1,056%), from €2,045 to €23,642
of which Trade receivables: +€22,923
- Deferred charges and accrued income +€7,640
new in 2025: €7,640
- Tangible fixed assets +€5,556
up €5,556 (+8.4%), from €66,496 to €72,052
of which Leasing and similar rights: +€62,755
- Cash +€1,267
up €1,267 (+14.3%), from €8,876 to €10,143
mainly Debts after one year (+€34,800) and Current portion of long-term debt (+€12,524)
- Debts after one year +€34,800
up €34,800 (+400%), from €8,706 to €43,506
- Trade debts -€18,261
down €18,261 (-51.0%), from €35,790 to €17,529
- Current portion of long-term debt +€12,524
up €12,524 (+152%), from €8,242 to €20,766
- Reserves +€5,721
up €5,721 (+38.6%), from €14,823 to €20,543
- Tax, wage and social debts +€1,277
up €1,277 (+15.3%), from €8,356 to €9,633
of which Taxes: +€3,763
- Depreciation -€14,641
down €14,641 (-58.4%), from €25,090 to €10,449
- Gross operating margin -€9,527
down €9,527 (-18.9%), from €50,536 to €41,009
- Taxes -€2,108
down €2,108 (-35.9%), from €5,871 to €3,763
- Other operating charges -€805
down €805 (-31.3%), from €2,577 to €1,772
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 | €77,416 | €113,477 | +€36,060 | +46.6% |
| Fixed assets | 21/28 | €66,496 | €72,052 | +€5,556 | +8.4% |
| Tangible fixed assets | 22/27 | €66,496 | €72,052 | +€5,556 | +8.4% |
| Plant, machinery and equipment | 23 | - | €1,797 | +€1,797 | |
| Furniture and vehicles | 24 | €66,496 | €7,500 | -€58,996 | -88.7% |
| Leasing and similar rights | 25 | - | €62,755 | +€62,755 | |
| Current assets | 29/58 | €10,921 | €41,425 | +€30,504 | +279% |
| Amounts receivable within one year | 40/41 | €2,045 | €23,642 | +€21,597 | +1,056% |
| Trade receivables | 40 | - | €22,923 | +€22,923 | |
| Other amounts receivable | 41 | €2,045 | €719 | -€1,326 | -64.8% |
| Cash at bank and in hand | 54/58 | €8,876 | €10,143 | +€1,267 | +14.3% |
| Deferred charges and accrued income | 490/1 | - | €7,640 | +€7,640 | |
| Total equity and liabilities | 10/49 | €77,416 | €113,477 | +€36,060 | +46.6% |
| Equity | 10/15 | €16,323 | €22,043 | +€5,721 | +35.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €14,823 | €20,543 | +€5,721 | +38.6% |
| Distributable reserves | 133 | €14,823 | €20,543 | +€5,721 | +38.6% |
| Amounts payable | 17/49 | €61,094 | €91,434 | +€30,340 | +49.7% |
| Amounts payable after more than one year | 17 | €8,706 | €43,506 | +€34,800 | +400% |
| Financial debts | 170/4 | €8,706 | €43,506 | +€34,800 | +400% |
| Amounts payable within one year | 42/48 | €52,388 | €47,928 | -€4,460 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €8,242 | €20,766 | +€12,524 | +152% |
| Trade debts | 44 | €35,790 | €17,529 | -€18,261 | -51.0% |
| Suppliers | 440/4 | €35,790 | €17,529 | -€18,261 | -51.0% |
| Taxes, remuneration and social security | 45 | €8,356 | €9,633 | +€1,277 | +15.3% |
| Taxes | 450/3 | €5,871 | €9,633 | +€3,763 | +64.1% |
| Remuneration and social security | 454/9 | €2,486 | - | -€2,486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,090 | €10,449 | -€14,641 | -58.4% |
| Other operating charges | 640/8 | €2,577 | €1,772 | -€805 | -31.3% |
| Non-recurring operating charges | 66A | - | €16,996 | +€16,996 | |
| Gross operating margin | 9900 | €50,536 | €41,009 | -€9,527 | -18.9% |
| Operating profit (loss) | 9901 | €22,869 | €11,793 | -€11,076 | -48.4% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €2,176 | €2,314 | +€138 | +6.3% |
| Recurring financial charges | 65 | €2,176 | €2,314 | +€138 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €20,693 | €9,483 | -€11,210 | -54.2% |
| Income taxes | 67/77 | €5,871 | €3,763 | -€2,108 | -35.9% |
| Profit (loss) for the period | 9904 | €14,823 | €5,721 | -€9,102 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,823 | €5,721 | -€9,102 | -61.4% |
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 16 October 2026 via checked.be.