SoToCon: 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.
SoToCon
Largest movements
- Current investments +€22,088
up €22,088 (+210.4%), from €10,500 to €32,588
- Cash +€20,654
up €20,654 (+42.0%), from €49,234 to €69,888
mainly Other debts (+€151,014) and Net result for the year (+€57,795)
- Receivables after one year -€18,115
down €18,115 (-7.4%), from €246,294 to €228,179
- Receivables within one year +€4,058
up €4,058 (+19.5%), from €20,811 to €24,869
of which Trade receivables: +€9,204
- Other debts +€151,014
up €151,014 (+490.7%), from €30,776 to €181,791
- Reserves -€122,296
down €122,296 (-42.3%), from €289,250 to €166,955
of which Distributable reserves: -€122,296
- Financial income +€6,031
up €6,031 (+5985.9%), from €101 to €6,132
- Financial charges +€2,514
up €2,514 (+227.7%), from €1,104 to €3,619
- Gross operating margin +€1,061
up €1,061 (+1.3%), from €80,956 to €82,017
- Taxes +€1,006
up €1,006 (+4.6%), from €22,013 to €23,019
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 | €335,962 | €364,945 | +€28,983 | +8.6% |
| Fixed assets | 21/28 | €5,986 | €5,353 | -€633 | -10.6% |
| Tangible fixed assets | 22/27 | €5,986 | €5,353 | -€633 | -10.6% |
| Plant, machinery and equipment | 23 | €3,688 | €3,969 | +€281 | +7.6% |
| Furniture and vehicles | 24 | €2,298 | €1,384 | -€913 | -39.7% |
| Current assets | 29/58 | €329,977 | €359,592 | +€29,616 | +9.0% |
| Amounts receivable after more than one year | 29 | €246,294 | €228,179 | -€18,115 | -7.4% |
| Other amounts receivable | 291 | €246,294 | €228,179 | -€18,115 | -7.4% |
| Amounts receivable within one year | 40/41 | €20,811 | €24,869 | +€4,058 | +19.5% |
| Trade receivables | 40 | €14,141 | €23,346 | +€9,204 | +65.1% |
| Other amounts receivable | 41 | €6,670 | €1,523 | -€5,147 | -77.2% |
| Current investments | 50/53 | €10,500 | €32,588 | +€22,088 | +210.4% |
| Cash at bank and in hand | 54/58 | €49,234 | €69,888 | +€20,654 | +42.0% |
| Deferred charges and accrued income | 490/1 | €3,138 | €4,069 | +€931 | +29.7% |
| Total equity and liabilities | 10/49 | €335,962 | €364,945 | +€28,983 | +8.6% |
| Equity | 10/15 | €289,250 | €166,955 | -€122,296 | -42.3% |
| Reserves | 13 | €289,250 | €166,955 | -€122,296 | -42.3% |
| Tax-exempt reserves | 132 | €134 | €134 | = | 0.0% |
| Distributable reserves | 133 | €289,116 | €166,820 | -€122,296 | -42.3% |
| Amounts payable | 17/49 | €46,712 | €197,991 | +€151,279 | +323.9% |
| Amounts payable within one year | 42/48 | €46,712 | €197,991 | +€151,279 | +323.9% |
| Trade debts | 44 | €1,608 | €3,376 | +€1,768 | +110.0% |
| Suppliers | 440/4 | €1,608 | €3,376 | +€1,768 | +110.0% |
| Taxes, remuneration and social security | 45 | €14,328 | €12,824 | -€1,504 | -10.5% |
| Taxes | 450/3 | €10,527 | €9,016 | -€1,510 | -14.3% |
| Remuneration and social security | 454/9 | €3,801 | €3,808 | +€7 | +0.2% |
| Other amounts payable | 47/48 | €30,776 | €181,791 | +€151,014 | +490.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,308 | €2,315 | +€7 | +0.3% |
| Other operating charges | 640/8 | €607 | €1,400 | +€793 | +130.7% |
| Gross operating margin | 9900 | €80,956 | €82,017 | +€1,061 | +1.3% |
| Operating profit (loss) | 9901 | €78,041 | €78,301 | +€260 | +0.3% |
| Financial income | 75/76B | €101 | €6,132 | +€6,031 | +5985.9% |
| Recurring financial income | 75 | €101 | €6,132 | +€6,031 | +5985.9% |
| Financial charges | 65/66B | €1,104 | €3,619 | +€2,514 | +227.7% |
| Recurring financial charges | 65 | €1,104 | €3,619 | +€2,514 | +227.7% |
| Profit (loss) for the period before taxes | 9903 | €77,037 | €80,814 | +€3,777 | +4.9% |
| Income taxes | 67/77 | €22,013 | €23,019 | +€1,006 | +4.6% |
| Profit (loss) for the period | 9904 | €55,025 | €57,795 | +€2,771 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,025 | €57,795 | +€2,771 | +5.0% |
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 29 September 2026 via checked.be.