SOTENJ: 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.
SOTENJ
Largest movements
- Cash -€38,615
down €38,615 (-60.3%), from €64,062 to €25,447
mainly Other debts (-€21,898) and Contributions, distributions and other (-€8,337)
- Tangible fixed assets -€1,202
down €1,202 (-24.9%), from €4,833 to €3,630
- Other debts -€21,898
down €21,898 (-49.7%), from €44,034 to €22,136
- Profit (loss) carried forward -€14,732
no longer reported in 2025 (was €14,732)
- Tax, wage and social debts -€3,206
down €3,206 (-61.0%), from €5,260 to €2,054
- Gross operating margin -€24,848
down €24,848, from €22,427 to -€2,421
- Taxes -€4,029
down €4,029 (-100.0%), from €4,029 to €0
- Depreciation +€794
up €794 (+45.9%), from €1,730 to €2,524
- Other operating charges -€783
no longer reported in 2025 (was €783)
- Staff costs +€282
up €282 (+27.7%), from €1,018 to €1,300
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 | €69,518 | €29,399 | -€40,119 | -57.7% |
| Fixed assets | 21/28 | €4,932 | €3,730 | -€1,202 | -24.4% |
| Tangible fixed assets | 22/27 | €4,833 | €3,630 | -€1,202 | -24.9% |
| Furniture and vehicles | 24 | €4,833 | €3,630 | -€1,202 | -24.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €64,585 | €25,669 | -€38,916 | -60.3% |
| Amounts receivable within one year | 40/41 | €524 | €222 | -€301 | -57.6% |
| Other amounts receivable | 41 | €524 | €222 | -€301 | -57.6% |
| Cash at bank and in hand | 54/58 | €64,062 | €25,447 | -€38,615 | -60.3% |
| Total equity and liabilities | 10/49 | €69,518 | €29,399 | -€40,119 | -57.7% |
| Equity | 10/15 | €19,732 | €5,000 | -€14,732 | -74.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,732 | - | -€14,732 | |
| Amounts payable | 17/49 | €49,786 | €24,399 | -€25,387 | -51.0% |
| Amounts payable within one year | 42/48 | €49,786 | €24,399 | -€25,387 | -51.0% |
| Trade debts | 44 | €492 | €209 | -€283 | -57.6% |
| Suppliers | 440/4 | €492 | €209 | -€283 | -57.6% |
| Taxes, remuneration and social security | 45 | €5,260 | €2,054 | -€3,206 | -61.0% |
| Taxes | 450/3 | €5,260 | €2,054 | -€3,206 | -61.0% |
| Other amounts payable | 47/48 | €44,034 | €22,136 | -€21,898 | -49.7% |
| Remuneration, social security and pensions | 62 | €1,018 | €1,300 | +€282 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,730 | €2,524 | +€794 | +45.9% |
| Other operating charges | 640/8 | €783 | - | -€783 | |
| Gross operating margin | 9900 | €22,427 | -€2,421 | -€24,848 | |
| Operating profit (loss) | 9901 | €18,896 | -€6,245 | -€25,141 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €18,761 | -€6,395 | -€25,156 | |
| Income taxes | 67/77 | €4,029 | €0 | -€4,029 | -100.0% |
| Profit (loss) for the period | 9904 | €14,732 | -€6,395 | -€21,127 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,732 | -€6,395 | -€21,127 |
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 15 October 2026 via checked.be.