SOTHISO: 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.
SOTHISO
Largest movements
- Tangible fixed assets -€15,969
down €15,969 (-3.4%), from €476,078 to €460,109
- Reserves -€8,626
down €8,626 (-12.9%), from €66,883 to €58,256
of which Distributable reserves: -€8,626
- Other debts -€7,898
down €7,898 (-3.3%), from €241,516 to €233,618
- Gross operating margin +€1,309
up €1,309 (+15.9%), from €8,226 to €9,535
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 | €478,399 | €461,875 | -€16,524 | -3.5% |
| Fixed assets | 21/28 | €476,078 | €460,109 | -€15,969 | -3.4% |
| Tangible fixed assets | 22/27 | €476,078 | €460,109 | -€15,969 | -3.4% |
| Land and buildings | 22 | €476,078 | €460,109 | -€15,969 | -3.4% |
| Current assets | 29/58 | €2,321 | €1,766 | -€555 | -23.9% |
| Cash at bank and in hand | 54/58 | €2,321 | €1,766 | -€555 | -23.9% |
| Total equity and liabilities | 10/49 | €478,399 | €461,875 | -€16,524 | -3.5% |
| Equity | 10/15 | €236,883 | €228,256 | -€8,626 | -3.6% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Capital | 10 | €170,000 | €170,000 | = | 0.0% |
| Issued capital | 100 | €170,000 | €170,000 | = | 0.0% |
| Reserves | 13 | €66,883 | €58,256 | -€8,626 | -12.9% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €49,883 | €41,256 | -€8,626 | -17.3% |
| Amounts payable | 17/49 | €241,516 | €233,618 | -€7,898 | -3.3% |
| Amounts payable within one year | 42/48 | €241,516 | €233,618 | -€7,898 | -3.3% |
| Other amounts payable | 47/48 | €241,516 | €233,618 | -€7,898 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,969 | €15,969 | = | 0.0% |
| Other operating charges | 640/8 | €2,105 | €2,119 | +€14 | +0.7% |
| Gross operating margin | 9900 | €8,226 | €9,535 | +€1,309 | +15.9% |
| Operating profit (loss) | 9901 | -€9,848 | -€8,553 | +€1,295 | +13.2% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.5% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,917 | -€8,626 | +€1,291 | +13.0% |
| Profit (loss) for the period | 9904 | -€9,917 | -€8,626 | +€1,291 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,917 | -€8,626 | +€1,291 | +13.0% |
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 29 October 2026 via checked.be.