SOTRAGEN: 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.
SOTRAGEN
Largest movements
- Current investments +€24,292
up €24,292 (+108%), from €22,431 to €46,723
- Cash -€12,228
down €12,228 (-20.6%), from €59,286 to €47,058
mainly Current investments (-€24,292) and Net result for the year (-€7,148)
- Tangible fixed assets -€11,060
down €11,060 (-36.6%), from €30,219 to €19,159
of which Furniture and vehicles: -€9,091
- Receivables within one year +€5,657
up €5,657 (+6,735%), from €84 to €5,741
of which Trade receivables: +€5,432
- Other debts +€14,308
up €14,308 (+792%), from €1,807 to €16,115
- Reserves -€7,200
down €7,200 (-9.2%), from €78,000 to €70,800
of which Distributable reserves: -€7,200
- Gross operating margin -€17,021
down €17,021 (-54.8%), from €31,087 to €14,066
- Turnover -€13,148
down €13,148 (-20.3%), from €64,748 to €51,600
- Purchases and services +€3,169
up €3,169 (+9.2%), from €34,366 to €37,535
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 | €112,020 | €118,681 | +€6,661 | +5.9% |
| Fixed assets | 21/28 | €30,219 | €19,159 | -€11,060 | -36.6% |
| Tangible fixed assets | 22/27 | €30,219 | €19,159 | -€11,060 | -36.6% |
| Land and buildings | 22 | €8,856 | €6,930 | -€1,926 | -21.7% |
| Plant, machinery and equipment | 23 | €3,404 | €3,361 | -€43 | -1.3% |
| Furniture and vehicles | 24 | €17,959 | €8,868 | -€9,091 | -50.6% |
| Current assets | 29/58 | €81,801 | €99,522 | +€17,721 | +21.7% |
| Amounts receivable within one year | 40/41 | €84 | €5,741 | +€5,657 | +6,735% |
| Trade receivables | 40 | - | €5,432 | +€5,432 | |
| Other amounts receivable | 41 | €84 | €309 | +€225 | +268% |
| Current investments | 50/53 | €22,431 | €46,723 | +€24,292 | +108% |
| Cash at bank and in hand | 54/58 | €59,286 | €47,058 | -€12,228 | -20.6% |
| Total equity and liabilities | 10/49 | €112,020 | €118,681 | +€6,661 | +5.9% |
| Equity | 10/15 | €98,046 | €90,898 | -€7,148 | -7.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €78,000 | €70,800 | -€7,200 | -9.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €76,000 | €68,800 | -€7,200 | -9.5% |
| Profit (loss) carried forward | 14 | €46 | €98 | +€52 | +113% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,974 | €17,783 | +€13,809 | +347% |
| Amounts payable within one year | 42/48 | €3,974 | €17,783 | +€13,809 | +347% |
| Trade debts | 44 | €707 | €941 | +€234 | +33.1% |
| Suppliers | 440/4 | €707 | €941 | +€234 | +33.1% |
| Taxes, remuneration and social security | 45 | €1,460 | €727 | -€733 | -50.2% |
| Taxes | 450/3 | €1,460 | €727 | -€733 | -50.2% |
| Other amounts payable | 47/48 | €1,807 | €16,115 | +€14,308 | +792% |
| Turnover | 70 | €64,748 | €51,600 | -€13,148 | -20.3% |
| Non-recurring operating income | 76A | €705 | - | -€705 | |
| Goods, raw materials, services and sundry goods | 60/61 | €34,366 | €37,535 | +€3,169 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,855 | €13,095 | +€240 | +1.9% |
| Other operating charges | 640/8 | €2,825 | €3,125 | +€300 | +10.6% |
| Gross operating margin | 9900 | €31,087 | €14,066 | -€17,021 | -54.8% |
| Operating profit (loss) | 9901 | €15,407 | -€2,154 | -€17,561 | |
| Financial income | 75/76B | - | €136 | +€136 | |
| Recurring financial income | 75 | - | €136 | +€136 | |
| Financial charges | 65/66B | €35 | €89 | +€54 | +154% |
| Recurring financial charges | 65 | €35 | €89 | +€54 | +154% |
| Profit (loss) for the period before taxes | 9903 | €15,372 | -€2,107 | -€17,479 | |
| Income taxes | 67/77 | €4,655 | €5,041 | +€386 | +8.3% |
| Profit (loss) for the period | 9904 | €10,717 | -€7,148 | -€17,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,717 | -€7,148 | -€17,865 |
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 31 October 2026 via checked.be.