Sodevi
Dissolution or liquidationThe KBO register currently lists the legal status of Sodevi as dissolution or liquidation, with no start date. Dissolved on 23-12-2025, in liquidation; liquidators: de MEESTER de RAVESTEIN Jean-Claude, formerly director; de MEESTER de RAVESTEIN Catherine, formerly director; de MEESTER de RAVESTEIN François-Noël, formerly director and 2 others.
Summary
The 2025 annual accounts show equity of €1.7m and a net result of €1.1m.
Financials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.1m▲ 858%
2024 · €117,811
Working capital
€328,605▼ 89.0%
2024 · €3.0m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €27,190 in 2025 against €8,345 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.03m
2025
Net result€1.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.1m
2025
Equity€1.7m
2025
Debt€0.4m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.02m-€0.8m-€0.04m-€0.06m▼ 39.7%-€0.06m▼ 3.5%-€0.04m▲ 29.6%-€0.008m▲ 79.8%-€0.03m▼ 226%
Net result€0.3m-€1.1m▲ 262%€0.2m▼ 82.7%-€0.01m€0.3m€0.03m▼ 88.5%€0.1m▲ 248%€1.1m▲ 858%
Equity€4.0m-€5.1m▲ 27.9%€4.0m▼ 21.7%€4.0m▼ 0.3%€4.3m▲ 7.3%€4.3m▲ 0.7%€4.5m▲ 2.7%€1.7m▼ 60.9%
Total assets€10.6m-€7.8m▼ 27.0%€6.1m▼ 21.0%€7.2m▲ 17.6%€7.7m▲ 6.5%€7.9m▲ 3.1%€7.1m▼ 10.7%€2.1m▼ 70.1%
Debt€6.6m-€2.6m▼ 60.3%€2.1m▼ 19.7%€3.2m▲ 51.7%€3.4m▲ 5.5%€3.6m▲ 6.1%€2.6m▼ 27.0%€0.4m▼ 85.7%
Working capital€4.1m-€3.9m▼ 4.2%€2.6m▼ 33.6%€2.4m▼ 6.0%€2.6m▲ 6.5%€2.7m▲ 5.5%€3.0m▲ 8.9%€0.3m▼ 89.0%
Staff (FTE)0
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€1.6m ▼ 8.6%
Current assets
€541,187 ▼ 89.9%
Equity and liabilities €2.1m
Equity
€1.7m ▼ 60.9%
Debt
€373,597 ▼ 85.7%
Debt's share of the balance-sheet total falls from 37.0% to 17.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€17,099▼
2024 · €35,851
Cash flow
€1.2m▲
2024 · €162,007
Current ratio
2.55▲
2024 · 2.27
Debt to equity
0.21▼
2024 · 0.59
ROE
64.6%▲
2024 · 2.6%
ROA
53.2%▲
2024 · 1.7%
Interest coverage
0.09▼
2024 · 0.12
Debt ≤ 1 year
€212,582▼
2024 · €2.4m
Income taxes
€116,445▲
2024 · €12,521
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.002m | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.06m | €0.06m | €0.07m | €0.07m | €0.06m | €0.04m | €0.04m | ▲ 0.2% |
| Other operating charges640/8 | - | - | - | €0.006m | €0.009m | €0.008m | €0.002m | €0.002m | ▼ 5.7% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.009m | - |
| Gross operating margin9900 | €0.03m | €0.9m | €0.02m | €0.01m | €0.02m | €0.02m | €0.04m | €0.03m | ▼ 26.3% |
| Operating profit (loss)9901 | -€0.02m | €0.8m | -€0.04m | -€0.06m | -€0.06m | -€0.04m | -€0.008m | -€0.03m | ▼ 226% |
| Financial income75/76B | - | - | - | €0.2m | €0.7m | €0.3m | €0.4m | €1.6m | ▲ 262% |
| Recurring financial income75 | €0.8m | €1.0m | €0.4m | €0.2m | €0.7m | €0.3m | €0.4m | €1.6m | ▲ 262% |
| Financial charges65/66B | - | - | - | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 2.2% |
| Recurring financial charges65 | €0.3m | €0.4m | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 33.0% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €0.1m | - |
| Profit (loss) for the period before taxes9903 | €0.5m | €1.4m | €0.3m | €0.05m | €0.5m | €0.07m | €0.1m | €1.2m | ▲ 855% |
| Income taxes67/77 | €0.2m | €0.3m | €0.07m | €0.06m | €0.2m | €0.04m | €0.01m | €0.1m | ▲ 830% |
| Profit (loss) for the period9904 | €0.3m | €1.1m | €0.2m | -€0.01m | €0.3m | €0.03m | €0.1m | €1.1m | ▲ 858% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €0.2m | €0.2m | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.9m | €0.2m | -€0.01m | €0.5m | €0.2m | €0.1m | €1.1m | ▲ 858% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €10.6m | €7.8m | €6.1m | €7.2m | €7.7m | €7.9m | €7.1m | €2.1m | ▼ 70.1% |
| Fixed assets21/28 | €1.1m | €1.6m | €1.5m | €1.7m | €1.8m | €1.8m | €1.7m | €1.6m | ▼ 8.6% |
| Tangible fixed assets22/27 | €1.0m | €1.0m | €0.9m | €0.9m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 4.6% |
| Land and buildings22 | - | - | - | €0.9m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 4.6% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.01m | €0.001m | €0.001m | €0.001m | ▼ 53.6% |
| Financial fixed assets28 | €0.1m | €0.6m | €0.6m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | ▼ 13.5% |
| Current assets29/58 | €9.6m | €6.2m | €4.6m | €5.5m | €5.9m | €6.2m | €5.4m | €0.5m | ▼ 89.9% |
| Amounts receivable within one year40/41 | €0.3m | €0.08m | €0.03m | €1.0m | €1.1m | €1.2m | €0.07m | €0.5m | ▲ 623% |
| Other amounts receivable41 | - | - | - | €1.0m | €1.1m | €1.2m | €0.07m | €0.5m | ▲ 623% |
| Current investments50/53 | - | - | - | - | - | - | €1.5m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €9.3m | €6.1m | €4.6m | €4.5m | €4.8m | €5.0m | €3.7m | €0.07m | ▼ 98.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.003m | €0.001m | €0.08m | €0.002m | ▼ 97.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €10.6m | €7.8m | €6.1m | €7.2m | €7.7m | €7.9m | €7.1m | €2.1m | ▼ 70.1% |
| Equity10/15 | €4.0m | €5.1m | €4.0m | €4.0m | €4.3m | €4.3m | €4.5m | €1.7m | ▼ 60.9% |
| Contributions10/11 | €1.3m | €1.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 39.1% |
| Reserves13 | €2.5m | €3.6m | €3.8m | €3.8m | €4.1m | €4.1m | €4.2m | €1.6m | ▼ 61.7% |
| Non-distributable reserves130/1 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | - | - | €0.4m | €0.2m | - | - | - | - |
| Distributable reserves133 | - | - | - | €3.4m | €3.8m | €4.0m | €4.2m | €1.6m | ▼ 61.0% |
| Profit (loss) carried forward14 | €0.2m | €0.2m | €0.04m | €0.02m | €0.02m | €0.02m | €0.02m | €282 | ▼ 98.7% |
| Amounts payable17/49 | €6.6m | €2.6m | €2.1m | €3.2m | €3.4m | €3.6m | €2.6m | €0.4m | ▼ 85.7% |
| Amounts payable after more than one year17 | €1.1m | €0.3m | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €5.5m | €2.3m | €2.0m | €3.1m | €3.3m | €3.4m | €2.4m | €0.2m | ▼ 91.0% |
| Trade debts44 | €102 | €0.004m | €0.002m | €341 | €0.001m | €0.003m | €0.001m | €0.006m | ▲ 353% |
| Suppliers440/4 | - | - | - | €341 | €0.001m | €0.003m | €0.001m | €0.006m | ▲ 353% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.002m | - | - | - | - |
| Taxes450/3 | - | - | - | - | €0.002m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €3.1m | €3.3m | €3.4m | €2.4m | €0.2m | ▼ 91.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | ▼ 37.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €1.1m | €0.2m | -€0.01m | €0.3m | €0.03m | €0.1m | €1.1m | ▲ 858% |
| + Depreciation and write-downs630 | €0.05m | €0.06m | €0.06m | €0.07m | €0.07m | €0.06m | €0.04m | €0.04m | ▲ 0.2% |
| Operating cash flow (approximation) | €0.4m | €1.2m | €0.3m | €0.05m | €0.4m | €0.09m | €0.2m | €1.2m | ▲ 624% |
| Investment in fixed assets (approximation) | - | -€0.5m | €0 | -€0.3m | -€0.2m | €0 | -€0.001m | €0.1m | - |
| Change in cash | - | -€3.2m | -€1.5m | -€0.09m | €0.3m | €0.2m | -€1.3m | -€3.6m | ▼ 181% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 31-03-2026 | 2026-00071896 |
| 31-12-2024 | full format | 17-02-2025 | 2025-00037208 |
| 31-12-2023 | full format | 17-06-2024 | 2024-00139684 |
| 31-12-2022 | full format | 07-06-2023 | 2023-00117473 |
| 31-12-2021 | full format | 04-07-2022 | 2022-20160513 |
| 31-12-2020 | full format | 16-06-2021 | 2021-20800389 |
| 31-12-2019 | full format | 18-06-2020 | 2020-17900183 |
| 31-12-2018 | full format | 06-05-2019 | 2019-12300237 |
| 31-12-2017 | full format | 01-05-2018 | 2018-11800136 |
| 31-12-2016 | full format | 06-03-2017 | 2017-05800434 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.