SORTON PATRICK: 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.
SORTON PATRICK
Largest movements
- Stocks and contracts -€107,148
down €107,148 (-18.8%), from €570,892 to €463,744
- Cash +€33,104
up €33,104 (+574%), from €5,766 to €38,870
mainly Stocks and contracts (+€107,148) and Debts after one year (+€25,423)
- Receivables within one year -€20,057
down €20,057 (-56.0%), from €35,802 to €15,745
of which Trade receivables: -€20,783
- Other debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tax, wage and social debts -€32,800
down €32,800 (-94.5%), from €34,700 to €1,900
of which Taxes: -€32,800
- Debts after one year +€25,423
up €25,423 (+7.3%), from €347,917 to €373,339
- Profit (loss) carried forward +€12,869
up €12,869 (+61.7%), from -€20,870 to -€8,002
- Gross operating margin +€20,400
up €20,400 (+2,601%), from €784 to €21,184
- Depreciation +€321
up €321 (+4.8%), from €6,709 to €7,030
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 | €628,185 | €530,089 | -€98,096 | -15.6% |
| Fixed assets | 21/28 | €14,458 | €10,444 | -€4,014 | -27.8% |
| Tangible fixed assets | 22/27 | €14,398 | €10,384 | -€4,014 | -27.9% |
| Plant, machinery and equipment | 23 | €13,951 | €10,246 | -€3,705 | -26.6% |
| Furniture and vehicles | 24 | €447 | €138 | -€309 | -69.1% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €613,727 | €519,646 | -€94,081 | -15.3% |
| Stocks and contracts in progress | 3 | €570,892 | €463,744 | -€107,148 | -18.8% |
| Stocks | 30/36 | €570,892 | €463,744 | -€107,148 | -18.8% |
| Amounts receivable within one year | 40/41 | €35,802 | €15,745 | -€20,057 | -56.0% |
| Trade receivables | 40 | €20,783 | €0 | -€20,783 | -100% |
| Other amounts receivable | 41 | €15,020 | €15,745 | +€725 | +4.8% |
| Cash at bank and in hand | 54/58 | €5,766 | €38,870 | +€33,104 | +574% |
| Deferred charges and accrued income | 490/1 | €1,267 | €1,287 | +€20 | +1.6% |
| Total equity and liabilities | 10/49 | €628,185 | €530,089 | -€98,096 | -15.6% |
| Equity | 10/15 | €140,796 | €153,665 | +€12,869 | +9.1% |
| Contributions | 10/11 | €18,323 | €18,323 | = | 0.0% |
| Reserves | 13 | €143,344 | €143,344 | = | 0.0% |
| Distributable reserves | 133 | €143,344 | €143,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,870 | -€8,002 | +€12,869 | +61.7% |
| Amounts payable | 17/49 | €487,389 | €376,425 | -€110,964 | -22.8% |
| Amounts payable after more than one year | 17 | €347,917 | €373,339 | +€25,423 | +7.3% |
| Other amounts payable | 178/9 | €347,917 | €373,339 | +€25,423 | +7.3% |
| Amounts payable within one year | 42/48 | €139,122 | €3,086 | -€136,036 | -97.8% |
| Trade debts | 44 | €4,422 | €1,186 | -€3,236 | -73.2% |
| Suppliers | 440/4 | €4,422 | €1,186 | -€3,236 | -73.2% |
| Taxes, remuneration and social security | 45 | €34,700 | €1,900 | -€32,800 | -94.5% |
| Taxes | 450/3 | €33,350 | €550 | -€32,800 | -98.4% |
| Remuneration and social security | 454/9 | €1,350 | €1,350 | = | 0.0% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100% |
| Accrued charges and deferred income | 492/3 | €350 | €0 | -€350 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,709 | €7,030 | +€321 | +4.8% |
| Other operating charges | 640/8 | €982 | €1,138 | +€156 | +15.9% |
| Gross operating margin | 9900 | €784 | €21,184 | +€20,400 | +2,601% |
| Operating profit (loss) | 9901 | -€6,907 | €13,016 | +€19,924 | |
| Financial income | 75/76B | €66 | €0 | -€66 | -100% |
| Recurring financial income | 75 | €66 | €0 | -€66 | -100% |
| Financial charges | 65/66B | €89 | €148 | +€59 | +67.2% |
| Recurring financial charges | 65 | €89 | €148 | +€59 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,930 | €12,869 | +€19,799 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,930 | €12,869 | +€19,799 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,930 | €12,869 | +€19,799 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.