SOTREZ CONSULT: 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.
SOTREZ CONSULT
Largest movements
- Receivables within one year -€47,850
down €47,850 (-24.1%), from €198,755 to €150,905
of which Trade receivables: -€103,932
- Debts after one year -€35,893
down €35,893 (-10.2%), from €351,162 to €315,269
- Current portion of long-term debt -€20,514
down €20,514 (-36.4%), from €56,408 to €35,893
- Tax, wage and social debts +€14,306
new in 2025: €14,306
of which Remuneration and social security: +€9,537
- Other debts -€12,370
down €12,370 (-7.1%), from €175,445 to €163,075
- Gross operating margin +€99,006
up €99,006 (+216%), from €45,900 to €144,906
- Staff costs +€67,117
up €67,117 (+583%), from €11,505 to €78,621
- Financial income -€29,931
down €29,931 (-99.8%), from €30,001 to €70
- Write-downs +€24,998
up €24,998 (+91.4%), from €27,355 to €52,354
- Financial charges +€5,177
up €5,177 (+116%), from €4,463 to €9,640
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 | €706,523 | €651,739 | -€54,783 | -7.8% |
| Fixed assets | 21/28 | €501,820 | €499,697 | -€2,124 | -0.4% |
| Tangible fixed assets | 22/27 | €30,570 | €28,447 | -€2,124 | -6.9% |
| Furniture and vehicles | 24 | €2,645 | €1,871 | -€774 | -29.2% |
| Other tangible fixed assets | 26 | €27,925 | €26,575 | -€1,350 | -4.8% |
| Financial fixed assets | 28 | €471,250 | €471,250 | = | 0.0% |
| Current assets | 29/58 | €204,702 | €152,043 | -€52,660 | -25.7% |
| Amounts receivable within one year | 40/41 | €198,755 | €150,905 | -€47,850 | -24.1% |
| Trade receivables | 40 | €112,883 | €8,951 | -€103,932 | -92.1% |
| Other amounts receivable | 41 | €85,872 | €141,954 | +€56,082 | +65.3% |
| Cash at bank and in hand | 54/58 | €5,947 | €886 | -€5,061 | -85.1% |
| Deferred charges and accrued income | 490/1 | - | €251 | +€251 | |
| Total equity and liabilities | 10/49 | €706,523 | €651,739 | -€54,783 | -7.8% |
| Equity | 10/15 | €72,472 | €74,280 | +€1,808 | +2.5% |
| Contributions | 10/11 | €20,500 | €20,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,972 | €53,780 | +€1,808 | +3.5% |
| Amounts payable | 17/49 | €634,051 | €577,460 | -€56,591 | -8.9% |
| Amounts payable after more than one year | 17 | €351,162 | €315,269 | -€35,893 | -10.2% |
| Financial debts | 170/4 | €351,162 | €315,269 | -€35,893 | -10.2% |
| Amounts payable within one year | 42/48 | €282,889 | €261,144 | -€21,744 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €56,408 | €35,893 | -€20,514 | -36.4% |
| Trade debts | 44 | €51,036 | €47,870 | -€3,166 | -6.2% |
| Suppliers | 440/4 | €51,036 | €47,870 | -€3,166 | -6.2% |
| Taxes, remuneration and social security | 45 | - | €14,306 | +€14,306 | |
| Taxes | 450/3 | - | €4,769 | +€4,769 | |
| Remuneration and social security | 454/9 | - | €9,537 | +€9,537 | |
| Other amounts payable | 47/48 | €175,445 | €163,075 | -€12,370 | -7.1% |
| Accrued charges and deferred income | 492/3 | - | €1,046 | +€1,046 | |
| Remuneration, social security and pensions | 62 | €11,505 | €78,621 | +€67,117 | +583% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,124 | €2,124 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,355 | €52,354 | +€24,998 | +91.4% |
| Other operating charges | 640/8 | €462 | €477 | +€15 | +3.2% |
| Gross operating margin | 9900 | €45,900 | €144,906 | +€99,006 | +216% |
| Operating profit (loss) | 9901 | €4,454 | €11,331 | +€6,877 | +154% |
| Financial income | 75/76B | €30,001 | €70 | -€29,931 | -99.8% |
| Recurring financial income | 75 | €30,001 | €70 | -€29,931 | -99.8% |
| Financial charges | 65/66B | €4,463 | €9,640 | +€5,177 | +116% |
| Recurring financial charges | 65 | €4,463 | €9,640 | +€5,177 | +116% |
| Profit (loss) for the period before taxes | 9903 | €29,992 | €1,760 | -€28,232 | -94.1% |
| Income taxes | 67/77 | €928 | -€48 | -€976 | |
| Profit (loss) for the period | 9904 | €29,064 | €1,808 | -€27,256 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,064 | €1,808 | -€27,256 | -93.8% |
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 28 October 2026 via checked.be.