SOTRADIS: 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.
SOTRADIS
Largest movements
- Receivables within one year -€54,883
down €54,883 (-24.9%), from €220,650 to €165,767
of which Trade receivables: -€54,767
- Other debts -€37,875
down €37,875 (-5.5%), from €692,851 to €654,976
- Gross operating margin -€1,425
down €1,425 (-6.7%), from €21,128 to €19,702
- Financial charges -€1,247
down €1,247 (-11.0%), from €11,382 to €10,136
- Taxes -€961
down €961 (-26.6%), from €3,617 to €2,656
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 | €1,699,006 | €1,653,083 | -€45,922 | -2.7% |
| Fixed assets | 21/28 | €1,196,514 | €1,196,514 | = | 0.0% |
| Financial fixed assets | 28 | €1,196,514 | €1,196,514 | = | 0.0% |
| Current assets | 29/58 | €502,491 | €456,569 | -€45,922 | -9.1% |
| Amounts receivable after more than one year | 29 | €281,174 | €281,174 | = | 0.0% |
| Trade receivables | 290 | €281,174 | €281,174 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €220,650 | €165,767 | -€54,883 | -24.9% |
| Trade receivables | 40 | €94,767 | €40,000 | -€54,767 | -57.8% |
| Other amounts receivable | 41 | €125,883 | €125,767 | -€116 | -0.1% |
| Cash at bank and in hand | 54/58 | €377 | €9,332 | +€8,955 | +2,375% |
| Deferred charges and accrued income | 490/1 | €290 | €295 | +€5 | +1.7% |
| Total equity and liabilities | 10/49 | €1,699,006 | €1,653,083 | -€45,922 | -2.7% |
| Equity | 10/15 | €883,581 | €884,262 | +€680 | +0.1% |
| Contributions | 10/11 | €95,391 | €95,391 | = | 0.0% |
| Capital | 10 | €95,391 | €95,391 | = | 0.0% |
| Issued capital | 100 | €95,391 | €95,391 | = | 0.0% |
| Revaluation surpluses | 12 | €737,899 | €737,899 | = | 0.0% |
| Reserves | 13 | €128,837 | €128,837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,692 | €12,692 | = | 0.0% |
| Legal reserve | 130 | €12,692 | €12,692 | = | 0.0% |
| Tax-exempt reserves | 132 | €109,947 | €109,947 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,546 | -€77,866 | +€680 | +0.9% |
| Amounts payable | 17/49 | €815,424 | €768,822 | -€46,603 | -5.7% |
| Amounts payable within one year | 42/48 | €807,239 | €761,680 | -€45,559 | -5.6% |
| Financial debts | 43 | €109,575 | €100,000 | -€9,575 | -8.7% |
| Credit institutions | 430/8 | €109,575 | €100,000 | -€9,575 | -8.7% |
| Trade debts | 44 | €3,617 | - | -€3,617 | |
| Suppliers | 440/4 | €3,617 | - | -€3,617 | |
| Taxes, remuneration and social security | 45 | €1,196 | €6,704 | +€5,508 | +461% |
| Taxes | 450/3 | €1,196 | €6,704 | +€5,508 | +461% |
| Other amounts payable | 47/48 | €692,851 | €654,976 | -€37,875 | -5.5% |
| Accrued charges and deferred income | 492/3 | €8,185 | €7,142 | -€1,043 | -12.7% |
| Other operating charges | 640/8 | €6,038 | €6,232 | +€194 | +3.2% |
| Gross operating margin | 9900 | €21,128 | €19,702 | -€1,425 | -6.7% |
| Operating profit (loss) | 9901 | €15,090 | €13,471 | -€1,619 | -10.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €11,382 | €10,136 | -€1,247 | -11.0% |
| Recurring financial charges | 65 | €11,382 | €10,136 | -€1,247 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €3,708 | €3,336 | -€372 | -10.0% |
| Income taxes | 67/77 | €3,617 | €2,656 | -€961 | -26.6% |
| Profit (loss) for the period | 9904 | €91 | €680 | +€589 | +648% |
| Profit (loss) for the period to be appropriated | 9905 | €91 | €680 | +€589 | +648% |
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 17 October 2026 via checked.be.