SOTECH SERVICES: 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.
SOTECH SERVICES
Largest movements
- Receivables within one year -€6,678
down €6,678 (-33.0%), from €20,231 to €13,553
of which Trade receivables: -€11,495
- Cash -€4,731
down €4,731 (-83.2%), from €5,687 to €956
mainly Other debts (-€17,183) and Tax, wage and social debts (-€186)
- Tangible fixed assets -€372
down €372 (-35.0%), from €1,063 to €691
- Other debts -€17,183
no longer reported in 2025 (was €17,183)
- Profit (loss) carried forward +€4,385
up €4,385, from -€3,051 to €1,334
- Trade debts +€1,203
up €1,203 (+72.0%), from €1,671 to €2,874
- Gross operating margin -€30,502
down €30,502 (-80.2%), from €38,051 to €7,549
- Other operating charges +€890
new in 2025: €890
- Taxes +€692
up €692 (+61.8%), from €1,120 to €1,812
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 | €26,981 | €15,200 | -€11,781 | -43.7% |
| Fixed assets | 21/28 | €1,063 | €691 | -€372 | -35.0% |
| Tangible fixed assets | 22/27 | €1,063 | €691 | -€372 | -35.0% |
| Furniture and vehicles | 24 | €1,063 | €691 | -€372 | -35.0% |
| Current assets | 29/58 | €25,918 | €14,509 | -€11,409 | -44.0% |
| Amounts receivable within one year | 40/41 | €20,231 | €13,553 | -€6,678 | -33.0% |
| Trade receivables | 40 | €11,495 | - | -€11,495 | |
| Other amounts receivable | 41 | €8,736 | €13,553 | +€4,817 | +55.1% |
| Cash at bank and in hand | 54/58 | €5,687 | €956 | -€4,731 | -83.2% |
| Total equity and liabilities | 10/49 | €26,981 | €15,200 | -€11,781 | -43.7% |
| Equity | 10/15 | €5,009 | €9,394 | +€4,385 | +87.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,051 | €1,334 | +€4,385 | |
| Amounts payable | 17/49 | €21,972 | €5,805 | -€16,166 | -73.6% |
| Amounts payable within one year | 42/48 | €21,972 | €5,805 | -€16,166 | -73.6% |
| Trade debts | 44 | €1,671 | €2,874 | +€1,203 | +72.0% |
| Suppliers | 440/4 | €1,671 | €2,874 | +€1,203 | +72.0% |
| Taxes, remuneration and social security | 45 | €3,117 | €2,931 | -€186 | -6.0% |
| Taxes | 450/3 | €3,117 | €2,931 | -€186 | -6.0% |
| Other amounts payable | 47/48 | €17,183 | - | -€17,183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54 | €372 | +€318 | +590.6% |
| Other operating charges | 640/8 | - | €890 | +€890 | |
| Gross operating margin | 9900 | €38,051 | €7,549 | -€30,502 | -80.2% |
| Operating profit (loss) | 9901 | €37,997 | €6,287 | -€31,710 | -83.5% |
| Financial charges | 65/66B | €149 | €91 | -€58 | -39.1% |
| Recurring financial charges | 65 | €149 | €91 | -€58 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €37,848 | €6,197 | -€31,652 | -83.6% |
| Income taxes | 67/77 | €1,120 | €1,812 | +€692 | +61.8% |
| Profit (loss) for the period | 9904 | €36,728 | €4,385 | -€32,343 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,728 | €4,385 | -€32,343 | -88.1% |
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 2 October 2026 via checked.be.