SOTRECOM: 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.
SOTRECOM
Largest movements
- Cash +€19,839
up €19,839 (+316.4%), from €6,271 to €26,110
mainly Receivables within one year (+€13,740) and Net result for the year (+€12,271)
- Receivables within one year -€13,740
down €13,740 (-31.4%), from €43,785 to €30,045
of which Other amounts receivable: -€19,550
- Tangible fixed assets -€6,479
down €6,479 (-31.6%), from €20,524 to €14,045
of which Leasing and similar rights: -€10,473
- Deferred charges and accrued income -€4,134
down €4,134 (-66.2%), from €6,241 to €2,107
- Profit (loss) carried forward +€12,271
up €12,271 (+37.9%), from €32,379 to €44,650
- Current portion of long-term debt -€7,141
down €7,141 (-67.7%), from €10,547 to €3,406
- Tax, wage and social debts -€4,845
down €4,845 (-25.1%), from €19,340 to €14,495
of which Taxes: -€3,055
- Debts after one year -€2,488
no longer reported in 2025 (was €2,488)
- Trade debts -€1,238
down €1,238 (-30.6%), from €4,051 to €2,813
- Gross operating margin +€7,692
up €7,692 (+30.5%), from €25,247 to €32,939
- Taxes +€2,256
up €2,256 (+78.1%), from €2,888 to €5,144
- Staff costs +€1,457
up €1,457 (+191.5%), from €761 to €2,218
- Other operating charges -€955
down €955 (-87.3%), from €1,094 to €139
- Depreciation +€512
up €512 (+4.5%), from €11,448 to €11,960
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 | €77,046 | €72,532 | -€4,514 | -5.9% |
| Fixed assets | 21/28 | €20,749 | €14,270 | -€6,479 | -31.2% |
| Tangible fixed assets | 22/27 | €20,524 | €14,045 | -€6,479 | -31.6% |
| Furniture and vehicles | 24 | €5,174 | €9,168 | +€3,994 | +77.2% |
| Leasing and similar rights | 25 | €15,350 | €4,877 | -€10,473 | -68.2% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €56,297 | €58,262 | +€1,965 | +3.5% |
| Amounts receivable within one year | 40/41 | €43,785 | €30,045 | -€13,740 | -31.4% |
| Trade receivables | 40 | €12,600 | €18,410 | +€5,810 | +46.1% |
| Other amounts receivable | 41 | €31,185 | €11,635 | -€19,550 | -62.7% |
| Cash at bank and in hand | 54/58 | €6,271 | €26,110 | +€19,839 | +316.4% |
| Deferred charges and accrued income | 490/1 | €6,241 | €2,107 | -€4,134 | -66.2% |
| Total equity and liabilities | 10/49 | €77,046 | €72,532 | -€4,514 | -5.9% |
| Equity | 10/15 | €38,579 | €50,850 | +€12,271 | +31.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,379 | €44,650 | +€12,271 | +37.9% |
| Amounts payable | 17/49 | €38,467 | €21,682 | -€16,785 | -43.6% |
| Amounts payable after more than one year | 17 | €2,488 | - | -€2,488 | |
| Financial debts | 170/4 | €2,488 | - | -€2,488 | |
| Amounts payable within one year | 42/48 | €33,938 | €20,714 | -€13,224 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €10,547 | €3,406 | -€7,141 | -67.7% |
| Trade debts | 44 | €4,051 | €2,813 | -€1,238 | -30.6% |
| Suppliers | 440/4 | €4,051 | €2,813 | -€1,238 | -30.6% |
| Taxes, remuneration and social security | 45 | €19,340 | €14,495 | -€4,845 | -25.1% |
| Taxes | 450/3 | €13,068 | €10,013 | -€3,055 | -23.4% |
| Remuneration and social security | 454/9 | €6,272 | €4,482 | -€1,790 | -28.5% |
| Accrued charges and deferred income | 492/3 | €2,041 | €968 | -€1,073 | -52.6% |
| Remuneration, social security and pensions | 62 | €761 | €2,218 | +€1,457 | +191.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,448 | €11,960 | +€512 | +4.5% |
| Other operating charges | 640/8 | €1,094 | €139 | -€955 | -87.3% |
| Gross operating margin | 9900 | €25,247 | €32,939 | +€7,692 | +30.5% |
| Operating profit (loss) | 9901 | €11,944 | €18,622 | +€6,678 | +55.9% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €1,527 | €1,237 | -€290 | -19.0% |
| Recurring financial charges | 65 | €1,527 | €1,237 | -€290 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €10,417 | €17,415 | +€6,998 | +67.2% |
| Income taxes | 67/77 | €2,888 | €5,144 | +€2,256 | +78.1% |
| Profit (loss) for the period | 9904 | €7,529 | €12,271 | +€4,742 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,529 | €12,271 | +€4,742 | +63.0% |
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 7 October 2026 via checked.be.