SOTTER: 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.
SOTTER
Largest movements
- Receivables within one year +€43,116
up €43,116 (+34.2%), from €126,088 to €169,203
of which Other amounts receivable: +€42,645
- Tangible fixed assets -€14,337
down €14,337 (-50.2%), from €28,558 to €14,221
of which Plant, machinery and equipment: -€14,337
- Profit (loss) carried forward +€12,667
up €12,667 (+12.0%), from €105,647 to €118,314
- Trade debts +€10,106
up €10,106 (+612%), from €1,652 to €11,758
- Tax, wage and social debts +€5,954
up €5,954 (+106%), from €5,600 to €11,555
- Gross operating margin -€1,471
down €1,471 (-3.9%), from €38,134 to €36,662
- Depreciation -€538
down €538 (-3.6%), from €14,875 to €14,337
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 | €154,821 | €183,585 | +€28,764 | +18.6% |
| Fixed assets | 21/28 | €28,583 | €14,246 | -€14,337 | -50.2% |
| Tangible fixed assets | 22/27 | €28,558 | €14,221 | -€14,337 | -50.2% |
| Plant, machinery and equipment | 23 | €28,558 | €14,221 | -€14,337 | -50.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €126,238 | €169,338 | +€43,101 | +34.1% |
| Amounts receivable within one year | 40/41 | €126,088 | €169,203 | +€43,116 | +34.2% |
| Trade receivables | 40 | €4,207 | €4,678 | +€471 | +11.2% |
| Other amounts receivable | 41 | €121,880 | €164,525 | +€42,645 | +35.0% |
| Cash at bank and in hand | 54/58 | €150 | €135 | -€15 | -10.0% |
| Total equity and liabilities | 10/49 | €154,821 | €183,585 | +€28,764 | +18.6% |
| Equity | 10/15 | €121,807 | €134,474 | +€12,667 | +10.4% |
| Contributions | 10/11 | €14,300 | €14,300 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,647 | €118,314 | +€12,667 | +12.0% |
| Amounts payable | 17/49 | €33,014 | €49,110 | +€16,097 | +48.8% |
| Amounts payable within one year | 42/48 | €33,014 | €49,110 | +€16,097 | +48.8% |
| Financial debts | 43 | €25,761 | €25,797 | +€36 | +0.1% |
| Credit institutions | 430/8 | €25,761 | €25,797 | +€36 | +0.1% |
| Trade debts | 44 | €1,652 | €11,758 | +€10,106 | +612% |
| Suppliers | 440/4 | €1,652 | €11,758 | +€10,106 | +612% |
| Taxes, remuneration and social security | 45 | €5,600 | €11,555 | +€5,954 | +106% |
| Taxes | 450/3 | €5,600 | €11,555 | +€5,954 | +106% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €316 | +€316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,875 | €14,337 | -€538 | -3.6% |
| Other operating charges | 640/8 | €185 | €195 | +€10 | +5.5% |
| Non-recurring operating charges | 66A | - | -€123 | -€123 | |
| Gross operating margin | 9900 | €38,134 | €36,662 | -€1,471 | -3.9% |
| Operating profit (loss) | 9901 | €23,074 | €21,937 | -€1,137 | -4.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,358 | €3,315 | -€42 | -1.3% |
| Recurring financial charges | 65 | €3,358 | €3,315 | -€42 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €19,716 | €18,622 | -€1,095 | -5.6% |
| Income taxes | 67/77 | €5,600 | €5,954 | +€354 | +6.3% |
| Profit (loss) for the period | 9904 | €14,116 | €12,667 | -€1,449 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,116 | €12,667 | -€1,449 | -10.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.