SOSTRA: 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.
What changed
SOSTRA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€309,358
2024 · -€218,545-€90,813
Equity
€1.1m
2024 · €1.4m-€309,358
Cash
€14,219
2024 · €14,405-€186
Balance sheet total
€4.9m
2024 · €5.1m-€213,664
Largest movements
Assets
- Tangible fixed assets -€239,295
down €239,295 (-7.1%), from €3.4m to €3.1m
of which Land and buildings: -€232,823
Equity and liabilities
- Profit (loss) carried forward -€209,935
down €209,935 (-30.1%), from -€696,708 to -€906,643
- Advances received +€112,300
new in 2025: €112,300
- Reserves -€99,424
down €99,424 (-4.8%), from €2.1m to €2.0m
of which Tax-exempt reserves: -€99,424
Income statement
- Depreciation +€106,371
up €106,371 (+74.8%), from €142,270 to €248,641
- Gross operating margin +€73,625
up €73,625, from -€70,351 to €3,274
- Financial charges +€41,149
up €41,149 (+172.1%), from €23,912 to €65,062
- Taxes +€20,047
up €20,047 (+3066.5%), from €654 to €20,700
- Other operating charges +€2,661
up €2,661 (+117.4%), from €2,266 to €4,927
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.
Result 2024
-€218,545
Gross operating margin
+€73,625
Staff costs
-€1,320
Depreciation
-€106,371
Other operating charges
-€2,661
Financial income
+€2,215
Financial charges
-€41,149
Taxes
-€20,047
Deferred taxes and other
+€4,895
Result 2025
-€309,358
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.
From operations
+€21,022
Investment
-€9,345
Financing
-€11,862
Cash 2024
€14,405
From operations (derived)
+€21,022
Net result for the year
-€309,358
Depreciation
+€248,641
Receivables within one year
+€14,146
Deferred charges and accrued income
-€39,963
Provisions
-€36,248
Trade debts
+€15,190
Tax, wage and social debts
+€20,162
Advances received
+€112,300
Other debts
-€43,459
Accrued charges and deferred income
+€39,612
Investment (derived)
-€9,345
Investment in fixed assets (net)
-€9,345
Financing
-€11,862
Debts after one year
-€6,261
Current portion of long-term debt
+€210
Short-term financial debts
-€5,810
Contributions, distributions and other
-€0
Cash 2025
€14,219
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,075,403 | €4,861,739 | -€213,664 | -4.2% |
| Fixed assets | 21/28 | €3,357,404 | €3,118,108 | -€239,295 | -7.1% |
| Tangible fixed assets | 22/27 | €3,356,595 | €3,117,300 | -€239,295 | -7.1% |
| Land and buildings | 22 | €3,333,808 | €3,100,985 | -€232,823 | -7.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €22,787 | €16,315 | -€6,473 | -28.4% |
| Financial fixed assets | 28 | €809 | €809 | = | 0.0% |
| Current assets | 29/58 | €1,717,999 | €1,743,630 | +€25,631 | +1.5% |
| Amounts receivable within one year | 40/41 | €1,703,594 | €1,689,448 | -€14,146 | -0.8% |
| Trade receivables | 40 | €1,215,297 | €1,216,878 | +€1,582 | +0.1% |
| Other amounts receivable | 41 | €488,298 | €472,570 | -€15,728 | -3.2% |
| Cash at bank and in hand | 54/58 | €14,405 | €14,219 | -€186 | -1.3% |
| Deferred charges and accrued income | 490/1 | €0 | €39,963 | +€39,963 | |
| Total equity and liabilities | 10/49 | €5,075,403 | €4,861,739 | -€213,664 | -4.2% |
| Equity | 10/15 | €1,404,060 | €1,094,702 | -€309,358 | -22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,082,168 | €1,982,745 | -€99,424 | -4.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Tax-exempt reserves | 132 | €2,004,345 | €1,904,921 | -€99,424 | -5.0% |
| Distributable reserves | 133 | €75,963 | €77,823 | +€1,860 | +2.4% |
| Profit (loss) carried forward | 14 | -€696,708 | -€906,643 | -€209,935 | -30.1% |
| Provisions and deferred taxes | 16 | €716,612 | €680,364 | -€36,248 | -5.1% |
| Deferred taxes | 168 | €716,612 | €680,364 | -€36,248 | -5.1% |
| Amounts payable | 17/49 | €2,954,730 | €3,086,673 | +€131,942 | +4.5% |
| Amounts payable after more than one year | 17 | €15,505 | €9,243 | -€6,261 | -40.4% |
| Financial debts | 170/4 | €15,505 | €9,243 | -€6,261 | -40.4% |
| Amounts payable within one year | 42/48 | €2,938,754 | €3,037,346 | +€98,592 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €6,052 | €6,261 | +€210 | +3.5% |
| Financial debts | 43 | €5,810 | €0 | -€5,810 | -100.0% |
| Credit institutions | 430/8 | €5,810 | €0 | -€5,810 | -100.0% |
| Trade debts | 44 | €1,182,469 | €1,197,659 | +€15,190 | +1.3% |
| Suppliers | 440/4 | €1,182,469 | €1,197,659 | +€15,190 | +1.3% |
| Advances received on contracts in progress | 46 | - | €112,300 | +€112,300 | |
| Taxes, remuneration and social security | 45 | €1,746 | €21,908 | +€20,162 | +1154.8% |
| Taxes | 450/3 | €1,746 | €21,908 | +€20,162 | +1154.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,742,677 | €1,699,219 | -€43,459 | -2.5% |
| Accrued charges and deferred income | 492/3 | €472 | €40,083 | +€39,612 | +8401.2% |
| Remuneration, social security and pensions | 62 | €18,852 | €20,172 | +€1,320 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,270 | €248,641 | +€106,371 | +74.8% |
| Other operating charges | 640/8 | €2,266 | €4,927 | +€2,661 | +117.4% |
| Gross operating margin | 9900 | -€70,351 | €3,274 | +€73,625 | |
| Operating profit (loss) | 9901 | -€233,738 | -€270,466 | -€36,728 | -15.7% |
| Financial income | 75/76B | €8,407 | €10,622 | +€2,215 | +26.4% |
| Recurring financial income | 75 | €8,407 | €10,622 | +€2,215 | +26.4% |
| Financial charges | 65/66B | €23,912 | €65,062 | +€41,149 | +172.1% |
| Recurring financial charges | 65 | €23,912 | €65,062 | +€41,149 | +172.1% |
| Profit (loss) for the period before taxes | 9903 | -€249,244 | -€324,906 | -€75,662 | -30.4% |
| Transfer from deferred taxes | 780 | €31,353 | €36,248 | +€4,895 | +15.6% |
| Income taxes | 67/77 | €654 | €20,700 | +€20,047 | +3066.5% |
| Profit (loss) for the period | 9904 | -€218,545 | -€309,358 | -€90,813 | -41.6% |
| Transfer from tax-exempt reserves | 789 | €84,739 | €99,424 | +€14,685 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€133,806 | -€209,935 | -€76,128 | -56.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.