SOTRAPAC: 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.
SOTRAPAC
Largest movements
- Cash -€45,945
down €45,945 (-39.8%), from €115,410 to €69,465
mainly Contributions, distributions and other (-€20,000) and Debts after one year (-€15,852)
- Tangible fixed assets -€13,495
down €13,495 (-26.4%), from €51,192 to €37,697
of which Leasing and similar rights: -€12,992
- Receivables within one year -€2,729
down €2,729 (-7.6%), from €35,770 to €33,041
- Stocks and contracts -€2,485
no longer reported in 2025 (was €2,485)
- Debts after one year -€15,852
no longer reported in 2025 (was €15,852)
- Other debts -€15,170
down €15,170 (-57.1%), from €26,563 to €11,393
- Trade debts -€13,692
down €13,692 (-88.9%), from €15,404 to €1,712
- Profit (loss) carried forward -€12,825
down €12,825 (-30.4%), from €42,257 to €29,432
- Tax, wage and social debts -€4,931
down €4,931 (-15.2%), from €32,362 to €27,431
- Gross operating margin -€40,532
down €40,532 (-58.1%), from €69,704 to €29,172
- Taxes -€12,256
down €12,256 (-66.6%), from €18,401 to €6,144
- Depreciation +€11,400
up €11,400 (+716.2%), from €1,592 to €12,992
- Other operating charges -€4,556
down €4,556 (-72.0%), from €6,325 to €1,769
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 | €207,540 | €142,456 | -€65,084 | -31.4% |
| Fixed assets | 21/28 | €51,352 | €37,857 | -€13,495 | -26.3% |
| Tangible fixed assets | 22/27 | €51,192 | €37,697 | -€13,495 | -26.4% |
| Furniture and vehicles | 24 | €503 | - | -€503 | |
| Leasing and similar rights | 25 | €50,689 | €37,697 | -€12,992 | -25.6% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €156,188 | €104,599 | -€51,589 | -33.0% |
| Stocks and contracts in progress | 3 | €2,485 | - | -€2,485 | |
| Stocks | 30/36 | €2,485 | - | -€2,485 | |
| Amounts receivable within one year | 40/41 | €35,770 | €33,041 | -€2,729 | -7.6% |
| Trade receivables | 40 | €35,770 | €33,041 | -€2,729 | -7.6% |
| Cash at bank and in hand | 54/58 | €115,410 | €69,465 | -€45,945 | -39.8% |
| Deferred charges and accrued income | 490/1 | €2,523 | €2,093 | -€430 | -17.0% |
| Total equity and liabilities | 10/49 | €207,540 | €142,456 | -€65,084 | -31.4% |
| Equity | 10/15 | €98,893 | €86,068 | -€12,825 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,037 | €38,037 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36,177 | €36,177 | = | 0.0% |
| Reserves not available under the articles | 1311 | €36,177 | €36,177 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,257 | €29,432 | -€12,825 | -30.4% |
| Amounts payable | 17/49 | €108,646 | €56,388 | -€52,259 | -48.1% |
| Amounts payable after more than one year | 17 | €15,852 | - | -€15,852 | |
| Financial debts | 170/4 | €15,852 | - | -€15,852 | |
| Amounts payable within one year | 42/48 | €92,795 | €56,388 | -€36,407 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €18,466 | €15,852 | -€2,614 | -14.2% |
| Trade debts | 44 | €15,404 | €1,712 | -€13,692 | -88.9% |
| Suppliers | 440/4 | €15,404 | €1,712 | -€13,692 | -88.9% |
| Taxes, remuneration and social security | 45 | €32,362 | €27,431 | -€4,931 | -15.2% |
| Taxes | 450/3 | €32,362 | €27,431 | -€4,931 | -15.2% |
| Other amounts payable | 47/48 | €26,563 | €11,393 | -€15,170 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,592 | €12,992 | +€11,400 | +716.2% |
| Other operating charges | 640/8 | €6,325 | €1,769 | -€4,556 | -72.0% |
| Gross operating margin | 9900 | €69,704 | €29,172 | -€40,532 | -58.1% |
| Operating profit (loss) | 9901 | €61,787 | €14,411 | -€47,376 | -76.7% |
| Financial income | 75/76B | €72 | €245 | +€174 | +241.7% |
| Recurring financial income | 75 | €72 | €245 | +€174 | +241.7% |
| Financial charges | 65/66B | €821 | €1,337 | +€516 | +62.8% |
| Recurring financial charges | 65 | €821 | €1,337 | +€516 | +62.8% |
| Profit (loss) for the period before taxes | 9903 | €61,037 | €13,319 | -€47,718 | -78.2% |
| Income taxes | 67/77 | €18,401 | €6,144 | -€12,256 | -66.6% |
| Profit (loss) for the period | 9904 | €42,637 | €7,175 | -€35,462 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,637 | €7,175 | -€35,462 | -83.2% |
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 5 October 2026 via checked.be.