SOTRACO: 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.
SOTRACO
Largest movements
- Receivables within one year -€69,622
down €69,622 (-47.9%), from €145,496 to €75,875
- Tangible fixed assets +€37,702
up €37,702 (+97.4%), from €38,688 to €76,390
- Cash +€5,846
up €5,846 (+11.7%), from €49,841 to €55,688
mainly Receivables within one year (+€69,622) and Net result for the year (+€31,475)
- Other debts -€39,274
down €39,274 (-97.5%), from €40,263 to €989
- Profit (loss) carried forward +€31,475
up €31,475 (+26.1%), from €120,550 to €152,025
- Tax, wage and social debts -€22,295
down €22,295 (-77.0%), from €28,965 to €6,670
of which Taxes: -€13,321
- Trade debts +€10,665
new in 2025: €10,665
- Current portion of long-term debt -€6,646
down €6,646 (-45.7%), from €14,534 to €7,888
- Gross operating margin +€78,125
up €78,125 (+49.7%), from €157,248 to €235,372
- Staff costs +€41,284
up €41,284 (+31.4%), from €131,536 to €172,820
- Depreciation +€12,806
up €12,806 (+366.7%), from €3,492 to €16,298
- Other operating charges -€4,266
down €4,266 (-42.1%), from €10,127 to €5,861
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 | €248,311 | €222,237 | -€26,074 | -10.5% |
| Fixed assets | 21/28 | €52,973 | €90,675 | +€37,702 | +71.2% |
| Tangible fixed assets | 22/27 | €38,688 | €76,390 | +€37,702 | +97.4% |
| Furniture and vehicles | 24 | €38,688 | €76,390 | +€37,702 | +97.4% |
| Financial fixed assets | 28 | €14,285 | €14,285 | = | 0.0% |
| Current assets | 29/58 | €195,338 | €131,562 | -€63,776 | -32.6% |
| Amounts receivable within one year | 40/41 | €145,496 | €75,875 | -€69,622 | -47.9% |
| Trade receivables | 40 | €145,496 | €75,875 | -€69,622 | -47.9% |
| Cash at bank and in hand | 54/58 | €49,841 | €55,688 | +€5,846 | +11.7% |
| Total equity and liabilities | 10/49 | €248,311 | €222,237 | -€26,074 | -10.5% |
| Equity | 10/15 | €164,550 | €196,025 | +€31,475 | +19.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Outside capital | 11 | €40,000 | €40,000 | = | 0.0% |
| Other | 1109/19 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Legal reserve | 130 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,550 | €152,025 | +€31,475 | +26.1% |
| Amounts payable | 17/49 | €83,761 | €26,212 | -€57,549 | -68.7% |
| Amounts payable within one year | 42/48 | €83,761 | €26,212 | -€57,549 | -68.7% |
| Current portion of amounts payable after more than one year | 42 | €14,534 | €7,888 | -€6,646 | -45.7% |
| Trade debts | 44 | - | €10,665 | +€10,665 | |
| Suppliers | 440/4 | - | €10,665 | +€10,665 | |
| Taxes, remuneration and social security | 45 | €28,965 | €6,670 | -€22,295 | -77.0% |
| Taxes | 450/3 | €19,991 | €6,670 | -€13,321 | -66.6% |
| Remuneration and social security | 454/9 | €8,974 | - | -€8,974 | |
| Other amounts payable | 47/48 | €40,263 | €989 | -€39,274 | -97.5% |
| Remuneration, social security and pensions | 62 | €131,536 | €172,820 | +€41,284 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,492 | €16,298 | +€12,806 | +366.7% |
| Other operating charges | 640/8 | €10,127 | €5,861 | -€4,266 | -42.1% |
| Gross operating margin | 9900 | €157,248 | €235,372 | +€78,125 | +49.7% |
| Operating profit (loss) | 9901 | €12,093 | €40,393 | +€28,300 | +234.0% |
| Financial income | 75/76B | €12 | €1,372 | +€1,360 | +11384.2% |
| Recurring financial income | 75 | €12 | €1,372 | +€1,360 | +11384.2% |
| Financial charges | 65/66B | €2,001 | €1,125 | -€876 | -43.8% |
| Recurring financial charges | 65 | €2,001 | €1,125 | -€876 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €10,104 | €40,640 | +€30,536 | +302.2% |
| Income taxes | 67/77 | €8,579 | €9,165 | +€586 | +6.8% |
| Profit (loss) for the period | 9904 | €1,525 | €31,475 | +€29,950 | +1963.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,525 | €31,475 | +€29,950 | +1963.7% |
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 6 October 2026 via checked.be.