SOSTRACO: 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.
SOSTRACO
Largest movements
- Cash -€234,276
down €234,276 (-17.7%), from €1.3m to €1.1m
mainly Contributions, distributions and other (-€495,609) and Investment in fixed assets (net) (-€63,614)
- Receivables after one year -€82,000
no longer reported in 2025 (was €82,000)
- Tangible fixed assets +€48,005
up €48,005 (+134%), from €35,743 to €83,749
of which Furniture and vehicles: +€46,722
- Receivables within one year +€46,433
up €46,433 (+35.2%), from €131,994 to €178,427
of which Trade receivables: +€121,080
- Reserves -€299,043
down €299,043 (-20.1%), from €1.5m to €1.2m
of which Distributable reserves: -€297,043
- Tax, wage and social debts +€101,317
up €101,317 (+249%), from €40,728 to €142,045
- Trade debts -€27,548
down €27,548 (-96.2%), from €28,641 to €1,093
- Gross operating margin -€25,258
down €25,258 (-7.3%), from €347,969 to €322,711
- Depreciation +€12,487
up €12,487 (+400%), from €3,121 to €15,609
- Taxes -€5,420
down €5,420 (-4.8%), from €112,800 to €107,380
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 | €1,580,942 | €1,354,569 | -€226,372 | -14.3% |
| Fixed assets | 21/28 | €35,743 | €83,749 | +€48,005 | +134% |
| Tangible fixed assets | 22/27 | €35,743 | €83,749 | +€48,005 | +134% |
| Plant, machinery and equipment | 23 | - | €1,283 | +€1,283 | |
| Furniture and vehicles | 24 | €35,743 | €82,465 | +€46,722 | +131% |
| Current assets | 29/58 | €1,545,198 | €1,270,821 | -€274,378 | -17.8% |
| Amounts receivable after more than one year | 29 | €82,000 | - | -€82,000 | |
| Other amounts receivable | 291 | €82,000 | - | -€82,000 | |
| Amounts receivable within one year | 40/41 | €131,994 | €178,427 | +€46,433 | +35.2% |
| Trade receivables | 40 | €55,997 | €177,077 | +€121,080 | +216% |
| Other amounts receivable | 41 | €75,997 | €1,350 | -€74,647 | -98.2% |
| Cash at bank and in hand | 54/58 | €1,326,135 | €1,091,860 | -€234,276 | -17.7% |
| Deferred charges and accrued income | 490/1 | €5,069 | €534 | -€4,535 | -89.5% |
| Total equity and liabilities | 10/49 | €1,580,942 | €1,354,569 | -€226,372 | -14.3% |
| Equity | 10/15 | €1,508,428 | €1,211,386 | -€297,043 | -19.7% |
| Contributions | 10/11 | €20,000 | €22,000 | +€2,000 | +10.0% |
| Reserves | 13 | €1,488,341 | €1,189,298 | -€299,043 | -20.1% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €1,486,341 | €1,189,298 | -€297,043 | -20.0% |
| Profit (loss) carried forward | 14 | €87 | €87 | = | 0.0% |
| Amounts payable | 17/49 | €72,513 | €143,184 | +€70,671 | +97.5% |
| Amounts payable within one year | 42/48 | €72,513 | €143,138 | +€70,625 | +97.4% |
| Financial debts | 43 | €3,144 | - | -€3,144 | |
| Credit institutions | 430/8 | €3,144 | - | -€3,144 | |
| Trade debts | 44 | €28,641 | €1,093 | -€27,548 | -96.2% |
| Suppliers | 440/4 | €28,641 | €1,093 | -€27,548 | -96.2% |
| Taxes, remuneration and social security | 45 | €40,728 | €142,045 | +€101,317 | +249% |
| Taxes | 450/3 | €40,728 | €142,045 | +€101,317 | +249% |
| Accrued charges and deferred income | 492/3 | - | €45 | +€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,121 | €15,609 | +€12,487 | +400% |
| Other operating charges | 640/8 | €1,087 | €1,836 | +€749 | +68.9% |
| Gross operating margin | 9900 | €347,969 | €322,711 | -€25,258 | -7.3% |
| Operating profit (loss) | 9901 | €343,761 | €305,267 | -€38,494 | -11.2% |
| Financial income | 75/76B | €3,828 | €1,176 | -€2,652 | -69.3% |
| Recurring financial income | 75 | €3,828 | €1,176 | -€2,652 | -69.3% |
| Financial charges | 65/66B | €493 | €496 | +€3 | +0.7% |
| Recurring financial charges | 65 | €493 | €496 | +€3 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €347,096 | €305,946 | -€41,150 | -11.9% |
| Income taxes | 67/77 | €112,800 | €107,380 | -€5,420 | -4.8% |
| Profit (loss) for the period | 9904 | €234,296 | €198,566 | -€35,730 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €234,296 | €198,566 | -€35,730 | -15.3% |
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 18 October 2026 via checked.be.