SOTHO SYSTEMS: 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.
SOTHO SYSTEMS
Largest movements
- Current investments +€311,507
up €311,507 (+519%), from €60,000 to €371,507
- Cash -€192,633
down €192,633 (-80.9%), from €238,123 to €45,490
mainly Current investments (-€311,507) and Current portion of long-term debt (-€20,000)
- Tangible fixed assets -€23,403
down €23,403 (-4.8%), from €483,310 to €459,907
of which Land and buildings: -€21,750
- Reserves +€114,882
up €114,882 (+29.3%), from €392,299 to €507,180
- Current portion of long-term debt -€20,000
down €20,000 (-100%), from €20,000 to €0
- Financial income -€25,991
down €25,991 (-89.7%), from €28,975 to €2,984
- Gross operating margin +€6,765
up €6,765 (+3.3%), from €202,827 to €209,592
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 | €809,898 | €908,195 | +€98,297 | +12.1% |
| Fixed assets | 21/28 | €483,310 | €459,907 | -€23,403 | -4.8% |
| Tangible fixed assets | 22/27 | €483,310 | €459,907 | -€23,403 | -4.8% |
| Land and buildings | 22 | €478,692 | €456,942 | -€21,750 | -4.5% |
| Furniture and vehicles | 24 | €4,618 | €2,965 | -€1,652 | -35.8% |
| Current assets | 29/58 | €326,588 | €448,287 | +€121,700 | +37.3% |
| Amounts receivable within one year | 40/41 | €25,594 | €29,289 | +€3,695 | +14.4% |
| Trade receivables | 40 | €23,784 | €23,701 | -€83 | -0.3% |
| Other amounts receivable | 41 | €1,810 | €5,588 | +€3,778 | +209% |
| Current investments | 50/53 | €60,000 | €371,507 | +€311,507 | +519% |
| Cash at bank and in hand | 54/58 | €238,123 | €45,490 | -€192,633 | -80.9% |
| Deferred charges and accrued income | 490/1 | €2,871 | €2,001 | -€870 | -30.3% |
| Total equity and liabilities | 10/49 | €809,898 | €908,195 | +€98,297 | +12.1% |
| Equity | 10/15 | €622,719 | €737,600 | +€114,882 | +18.4% |
| Contributions | 10/11 | €230,420 | €230,420 | = | 0.0% |
| Reserves | 13 | €392,299 | €507,180 | +€114,882 | +29.3% |
| Distributable reserves | 133 | €392,299 | €507,180 | +€114,882 | +29.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €187,179 | €170,594 | -€16,585 | -8.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €186,792 | €170,594 | -€16,197 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €0 | -€20,000 | -100% |
| Trade debts | 44 | €2,462 | €1,308 | -€1,154 | -46.9% |
| Suppliers | 440/4 | €2,462 | €1,308 | -€1,154 | -46.9% |
| Taxes, remuneration and social security | 45 | €5,951 | €7,960 | +€2,009 | +33.8% |
| Taxes | 450/3 | €5,951 | €7,960 | +€2,009 | +33.8% |
| Other amounts payable | 47/48 | €158,379 | €161,326 | +€2,947 | +1.9% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,111 | €28,673 | -€438 | -1.5% |
| Other operating charges | 640/8 | €6,331 | €5,728 | -€603 | -9.5% |
| Gross operating margin | 9900 | €202,827 | €209,592 | +€6,765 | +3.3% |
| Operating profit (loss) | 9901 | €167,385 | €175,191 | +€7,806 | +4.7% |
| Financial income | 75/76B | €28,975 | €2,984 | -€25,991 | -89.7% |
| Recurring financial income | 75 | €28,975 | €2,984 | -€25,991 | -89.7% |
| Financial charges | 65/66B | €12,315 | €11,986 | -€329 | -2.7% |
| Recurring financial charges | 65 | €12,315 | €11,986 | -€329 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €184,044 | €166,188 | -€17,856 | -9.7% |
| Income taxes | 67/77 | €51,130 | €51,307 | +€177 | +0.3% |
| Profit (loss) for the period | 9904 | €132,914 | €114,882 | -€18,032 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €132,914 | €114,882 | -€18,032 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.