VAN SOTO: 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.
VAN SOTO
Largest movements
- Cash +€12,674
up €12,674 (+413.1%), from €3,068 to €15,741
mainly Net result for the year (+€46,743) and Depreciation (+€3,630)
- Receivables within one year +€4,091
up €4,091 (+62.3%), from €6,567 to €10,658
of which Other amounts receivable: +€3,501
- Tangible fixed assets -€3,630
down €3,630 (-60.9%), from €5,966 to €2,335
of which Other tangible fixed assets: -€3,224
- Profit (loss) carried forward +€46,743
up €46,743 (+88.3%), from -€52,945 to -€6,202
- Other debts -€20,825
down €20,825 (-99.2%), from €20,997 to €172
- Debts after one year -€16,071
no longer reported in 2025 (was €16,071)
- Current portion of long-term debt +€3,214
up €3,214 (+25.0%), from €12,857 to €16,071
- Trade debts -€684
down €684 (-28.2%), from €2,425 to €1,741
- Gross operating margin +€40,383
up €40,383 (+365.3%), from €11,054 to €51,436
- Other operating charges -€523
down €523 (-39.8%), from €1,313 to €791
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 | €18,809 | €31,738 | +€12,929 | +68.7% |
| Fixed assets | 21/28 | €8,068 | €4,438 | -€3,630 | -45.0% |
| Tangible fixed assets | 22/27 | €5,966 | €2,335 | -€3,630 | -60.9% |
| Plant, machinery and equipment | 23 | €1,142 | €736 | -€406 | -35.5% |
| Other tangible fixed assets | 26 | €4,823 | €1,599 | -€3,224 | -66.8% |
| Financial fixed assets | 28 | €2,103 | €2,103 | = | 0.0% |
| Current assets | 29/58 | €10,741 | €27,300 | +€16,559 | +154.2% |
| Stocks and contracts in progress | 3 | €1,000 | €900 | -€100 | -10.0% |
| Stocks | 30/36 | €1,000 | €900 | -€100 | -10.0% |
| Amounts receivable within one year | 40/41 | €6,567 | €10,658 | +€4,091 | +62.3% |
| Trade receivables | 40 | €6,567 | €7,158 | +€591 | +9.0% |
| Other amounts receivable | 41 | - | €3,501 | +€3,501 | |
| Cash at bank and in hand | 54/58 | €3,068 | €15,741 | +€12,674 | +413.1% |
| Deferred charges and accrued income | 490/1 | €106 | - | -€106 | |
| Total equity and liabilities | 10/49 | €18,809 | €31,738 | +€12,929 | +68.7% |
| Equity | 10/15 | -€35,245 | €11,498 | +€46,743 | |
| Contributions | 10/11 | €17,700 | €17,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,945 | -€6,202 | +€46,743 | +88.3% |
| Amounts payable | 17/49 | €54,054 | €20,240 | -€33,814 | -62.6% |
| Amounts payable after more than one year | 17 | €16,071 | - | -€16,071 | |
| Financial debts | 170/4 | €16,071 | - | -€16,071 | |
| Amounts payable within one year | 42/48 | €37,983 | €20,240 | -€17,743 | -46.7% |
| Current portion of amounts payable after more than one year | 42 | €12,857 | €16,071 | +€3,214 | +25.0% |
| Trade debts | 44 | €2,425 | €1,741 | -€684 | -28.2% |
| Suppliers | 440/4 | €2,425 | €1,741 | -€684 | -28.2% |
| Taxes, remuneration and social security | 45 | €1,704 | €2,255 | +€551 | +32.4% |
| Taxes | 450/3 | €1,704 | €2,255 | +€551 | +32.4% |
| Other amounts payable | 47/48 | €20,997 | €172 | -€20,825 | -99.2% |
| Non-recurring operating income | 76A | €2,277 | €33,376 | +€31,099 | +1365.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,502 | €3,630 | +€128 | +3.7% |
| Other operating charges | 640/8 | €1,313 | €791 | -€523 | -39.8% |
| Gross operating margin | 9900 | €11,054 | €51,436 | +€40,383 | +365.3% |
| Operating profit (loss) | 9901 | €6,239 | €47,015 | +€40,777 | +653.6% |
| Financial income | 75/76B | €138 | €1 | -€137 | -99.6% |
| Recurring financial income | 75 | €138 | €1 | -€137 | -99.6% |
| Financial charges | 65/66B | €568 | €273 | -€295 | -52.0% |
| Recurring financial charges | 65 | €568 | €273 | -€295 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €5,808 | €46,743 | +€40,935 | +704.8% |
| Profit (loss) for the period | 9904 | €5,808 | €46,743 | +€40,935 | +704.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,808 | €46,743 | +€40,935 | +704.8% |
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.