IL SODO: 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.
IL SODO
Largest movements
- Tangible fixed assets +€17,553
up €17,553 (+296%), from €5,928 to €23,481
of which Other tangible fixed assets: +€9,137
- Receivables within one year +€8,058
up €8,058 (+137%), from €5,868 to €13,926
of which Other amounts receivable: +€8,530
- Stocks and contracts -€3,362
down €3,362 (-5.8%), from €57,556 to €54,194
- Deferred charges and accrued income -€2,106
down €2,106 (-49.1%), from €4,290 to €2,184
- Debts after one year +€19,662
new in 2026: €19,662
- Other debts -€6,779
down €6,779 (-37.1%), from €18,248 to €11,469
- Trade debts +€5,990
up €5,990 (+221%), from €2,716 to €8,706
- Current portion of long-term debt +€5,729
new in 2026: €5,729
- Tax, wage and social debts -€5,329
down €5,329 (-76.9%), from €6,928 to €1,599
- Gross operating margin -€12,321
down €12,321 (-28.2%), from €43,671 to €31,350
- Taxes -€5,223
down €5,223 (-75.8%), from €6,893 to €1,670
- Depreciation +€2,523
up €2,523 (+364%), from €693 to €3,216
- Financial charges +€781
up €781 (+97.1%), from €804 to €1,585
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,276 | €109,725 | +€20,450 | +22.9% |
| Fixed assets | 21/28 | €6,803 | €24,356 | +€17,553 | +258% |
| Tangible fixed assets | 22/27 | €5,928 | €23,481 | +€17,553 | +296% |
| Plant, machinery and equipment | 23 | €631 | €9,048 | +€8,416 | +1,333% |
| Other tangible fixed assets | 26 | €5,296 | €14,433 | +€9,137 | +173% |
| Financial fixed assets | 28 | €875 | €875 | = | 0.0% |
| Current assets | 29/58 | €82,473 | €85,369 | +€2,896 | +3.5% |
| Stocks and contracts in progress | 3 | €57,556 | €54,194 | -€3,362 | -5.8% |
| Stocks | 30/36 | €57,556 | €54,194 | -€3,362 | -5.8% |
| Amounts receivable within one year | 40/41 | €5,868 | €13,926 | +€8,058 | +137% |
| Trade receivables | 40 | €5,868 | €5,397 | -€471 | -8.0% |
| Other amounts receivable | 41 | - | €8,530 | +€8,530 | |
| Cash at bank and in hand | 54/58 | €14,759 | €15,065 | +€306 | +2.1% |
| Deferred charges and accrued income | 490/1 | €4,290 | €2,184 | -€2,106 | -49.1% |
| Total equity and liabilities | 10/49 | €89,276 | €109,725 | +€20,450 | +22.9% |
| Equity | 10/15 | €61,353 | €62,537 | +€1,184 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,753 | €43,937 | +€1,184 | +2.8% |
| Tax-exempt reserves | 132 | €6,563 | €6,563 | = | 0.0% |
| Distributable reserves | 133 | €36,190 | €37,374 | +€1,184 | +3.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €27,923 | €47,188 | +€19,266 | +69.0% |
| Amounts payable after more than one year | 17 | - | €19,662 | +€19,662 | |
| Financial debts | 170/4 | - | €19,662 | +€19,662 | |
| Amounts payable within one year | 42/48 | €27,892 | €27,503 | -€389 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,729 | +€5,729 | |
| Trade debts | 44 | €2,716 | €8,706 | +€5,990 | +221% |
| Suppliers | 440/4 | €2,716 | €8,706 | +€5,990 | +221% |
| Taxes, remuneration and social security | 45 | €6,928 | €1,599 | -€5,329 | -76.9% |
| Taxes | 450/3 | €6,928 | €1,599 | -€5,329 | -76.9% |
| Other amounts payable | 47/48 | €18,248 | €11,469 | -€6,779 | -37.1% |
| Accrued charges and deferred income | 492/3 | €31 | €23 | -€8 | -24.5% |
| Non-recurring operating income | 76A | - | €14,162 | +€14,162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €693 | €3,216 | +€2,523 | +364% |
| Other operating charges | 640/8 | €23,936 | €23,853 | -€83 | -0.3% |
| Gross operating margin | 9900 | €43,671 | €31,350 | -€12,321 | -28.2% |
| Operating profit (loss) | 9901 | €19,042 | €4,281 | -€14,761 | -77.5% |
| Financial income | 75/76B | €111 | €158 | +€47 | +42.5% |
| Recurring financial income | 75 | €111 | €158 | +€47 | +42.5% |
| Financial charges | 65/66B | €804 | €1,585 | +€781 | +97.1% |
| Recurring financial charges | 65 | €804 | €1,585 | +€781 | +97.1% |
| Profit (loss) for the period before taxes | 9903 | €18,349 | €2,854 | -€15,494 | -84.4% |
| Income taxes | 67/77 | €6,893 | €1,670 | -€5,223 | -75.8% |
| Profit (loss) for the period | 9904 | €11,455 | €1,184 | -€10,271 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,455 | €1,184 | -€10,271 | -89.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.