SOTECH SERVICES: what changed
SOTECH SERVICES
Largest movements
- Receivables within one year -€6,678
down €6,678 (-33.0%), from €20,231 to €13,553
of which Trade receivables: -€11,495
- Cash -€4,731
down €4,731 (-83.2%), from €5,687 to €956
mainly Other debts (-€17,183) and Tax, wage and social debts (-€186)
- Tangible fixed assets -€372
down €372 (-35.0%), from €1,063 to €691
- Other debts -€17,183
no longer reported in 2025 (was €17,183)
- Profit (loss) carried forward +€4,385
up €4,385, from -€3,051 to €1,334
- Trade debts +€1,203
up €1,203 (+72.0%), from €1,671 to €2,874
- Gross operating margin -€30,502
down €30,502 (-80.2%), from €38,051 to €7,549
- Other operating charges +€890
new in 2025: €890
- Taxes +€692
up €692 (+61.8%), from €1,120 to €1,812
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,981 | €15,200 | -€11,781 | -43.7% |
| Fixed assets | 21/28 | €1,063 | €691 | -€372 | -35.0% |
| Tangible fixed assets | 22/27 | €1,063 | €691 | -€372 | -35.0% |
| Furniture and vehicles | 24 | €1,063 | €691 | -€372 | -35.0% |
| Current assets | 29/58 | €25,918 | €14,509 | -€11,409 | -44.0% |
| Amounts receivable within one year | 40/41 | €20,231 | €13,553 | -€6,678 | -33.0% |
| Trade receivables | 40 | €11,495 | - | -€11,495 | |
| Other amounts receivable | 41 | €8,736 | €13,553 | +€4,817 | +55.1% |
| Cash at bank and in hand | 54/58 | €5,687 | €956 | -€4,731 | -83.2% |
| Total equity and liabilities | 10/49 | €26,981 | €15,200 | -€11,781 | -43.7% |
| Equity | 10/15 | €5,009 | €9,394 | +€4,385 | +87.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,051 | €1,334 | +€4,385 | |
| Amounts payable | 17/49 | €21,972 | €5,805 | -€16,166 | -73.6% |
| Amounts payable within one year | 42/48 | €21,972 | €5,805 | -€16,166 | -73.6% |
| Trade debts | 44 | €1,671 | €2,874 | +€1,203 | +72.0% |
| Suppliers | 440/4 | €1,671 | €2,874 | +€1,203 | +72.0% |
| Taxes, remuneration and social security | 45 | €3,117 | €2,931 | -€186 | -6.0% |
| Taxes | 450/3 | €3,117 | €2,931 | -€186 | -6.0% |
| Other amounts payable | 47/48 | €17,183 | - | -€17,183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54 | €372 | +€318 | +591% |
| Other operating charges | 640/8 | - | €890 | +€890 | |
| Gross operating margin | 9900 | €38,051 | €7,549 | -€30,502 | -80.2% |
| Operating profit (loss) | 9901 | €37,997 | €6,287 | -€31,710 | -83.5% |
| Financial charges | 65/66B | €149 | €91 | -€58 | -39.1% |
| Recurring financial charges | 65 | €149 | €91 | -€58 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €37,848 | €6,197 | -€31,652 | -83.6% |
| Income taxes | 67/77 | €1,120 | €1,812 | +€692 | +61.8% |
| Profit (loss) for the period | 9904 | €36,728 | €4,385 | -€32,343 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,728 | €4,385 | -€32,343 | -88.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.