SOTRO: 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.
SOTRO
Largest movements
- Tangible fixed assets -€16,693
down €16,693 (-13.5%), from €123,252 to €106,558
of which Furniture and vehicles: -€21,641
- Receivables within one year -€12,511
down €12,511 (-24.2%), from €51,694 to €39,183
of which Trade receivables: -€9,985
- Stocks and contracts -€2,764
down €2,764 (-69.9%), from €3,954 to €1,190
- Cash +€2,462
up €2,462 (+83.3%), from €2,957 to €5,418
mainly Depreciation (+€40,921) and Receivables within one year (+€12,511)
- Debts after one year -€21,510
down €21,510 (-34.2%), from €62,876 to €41,366
- Trade debts -€13,418
down €13,418 (-78.8%), from €17,035 to €3,617
- Profit (loss) carried forward +€6,471
up €6,471 (+92.8%), from €6,973 to €13,444
- Other debts -€5,544
down €5,544 (-10.5%), from €52,812 to €47,269
- Tax, wage and social debts +€4,247
up €4,247 (+62.6%), from €6,788 to €11,035
of which Remuneration and social security: +€4,001
- Gross operating margin +€24,483
up €24,483 (+23.6%), from €103,586 to €128,069
- Staff costs +€19,353
up €19,353 (+33.4%), from €57,943 to €77,296
- Depreciation +€1,966
up €1,966 (+5.0%), from €38,955 to €40,921
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 | €182,702 | €153,240 | -€29,462 | -16.1% |
| Fixed assets | 21/28 | €123,252 | €106,558 | -€16,693 | -13.5% |
| Tangible fixed assets | 22/27 | €123,252 | €106,558 | -€16,693 | -13.5% |
| Plant, machinery and equipment | 23 | €52,119 | €57,066 | +€4,947 | +9.5% |
| Furniture and vehicles | 24 | €71,133 | €49,492 | -€21,641 | -30.4% |
| Current assets | 29/58 | €59,451 | €46,682 | -€12,769 | -21.5% |
| Stocks and contracts in progress | 3 | €3,954 | €1,190 | -€2,764 | -69.9% |
| Stocks | 30/36 | €3,954 | €1,190 | -€2,764 | -69.9% |
| Amounts receivable within one year | 40/41 | €51,694 | €39,183 | -€12,511 | -24.2% |
| Trade receivables | 40 | €48,865 | €38,880 | -€9,985 | -20.4% |
| Other amounts receivable | 41 | €2,829 | €303 | -€2,526 | -89.3% |
| Cash at bank and in hand | 54/58 | €2,957 | €5,418 | +€2,462 | +83.3% |
| Deferred charges and accrued income | 490/1 | €845 | €891 | +€45 | +5.3% |
| Total equity and liabilities | 10/49 | €182,702 | €153,240 | -€29,462 | -16.1% |
| Equity | 10/15 | €21,973 | €28,444 | +€6,471 | +29.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,973 | €13,444 | +€6,471 | +92.8% |
| Amounts payable | 17/49 | €160,729 | €124,796 | -€35,933 | -22.4% |
| Amounts payable after more than one year | 17 | €62,876 | €41,366 | -€21,510 | -34.2% |
| Financial debts | 170/4 | €62,876 | €41,366 | -€21,510 | -34.2% |
| Amounts payable within one year | 42/48 | €97,854 | €83,430 | -€14,423 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €21,218 | €21,510 | +€292 | +1.4% |
| Trade debts | 44 | €17,035 | €3,617 | -€13,418 | -78.8% |
| Suppliers | 440/4 | €17,035 | €3,617 | -€13,418 | -78.8% |
| Taxes, remuneration and social security | 45 | €6,788 | €11,035 | +€4,247 | +62.6% |
| Taxes | 450/3 | €660 | €905 | +€245 | +37.2% |
| Remuneration and social security | 454/9 | €6,128 | €10,130 | +€4,001 | +65.3% |
| Other amounts payable | 47/48 | €52,812 | €47,269 | -€5,544 | -10.5% |
| Remuneration, social security and pensions | 62 | €57,943 | €77,296 | +€19,353 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,955 | €40,921 | +€1,966 | +5.0% |
| Other operating charges | 640/8 | €1,031 | €927 | -€104 | -10.1% |
| Gross operating margin | 9900 | €103,586 | €128,069 | +€24,483 | +23.6% |
| Operating profit (loss) | 9901 | €5,658 | €8,925 | +€3,267 | +57.8% |
| Financial income | 75/76B | €1 | €113 | +€112 | +14013.8% |
| Recurring financial income | 75 | €1 | €113 | +€112 | +14013.8% |
| Financial charges | 65/66B | €3,172 | €2,567 | -€605 | -19.1% |
| Recurring financial charges | 65 | €3,172 | €2,567 | -€605 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €2,486 | €6,471 | +€3,985 | +160.3% |
| Profit (loss) for the period | 9904 | €2,486 | €6,471 | +€3,985 | +160.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,486 | €6,471 | +€3,985 | +160.3% |
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.