SODA: 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.
SODA
Largest movements
- Tangible fixed assets +€25,533
up €25,533 (+189.8%), from €13,453 to €38,986
- Receivables within one year +€17,260
up €17,260 (+75.7%), from €22,799 to €40,059
of which Other amounts receivable: +€20,734
- Receivables after one year -€2,200
no longer reported in 2024 (was €2,200)
- Profit (loss) carried forward +€28,484
up €28,484 (+368.1%), from €7,737 to €36,221
- Tax, wage and social debts +€23,356
up €23,356 (+478.9%), from €4,877 to €28,233
of which Taxes: +€16,680
- Trade debts -€8,972
down €8,972 (-68.5%), from €13,104 to €4,132
- Accrued charges and deferred income -€2,737
no longer reported in 2024 (was €2,737)
- Other debts +€1,010
new in 2024: €1,010
- Gross operating margin +€40,308
up €40,308 (+109.6%), from €36,777 to €77,084
- Depreciation +€11,698
up €11,698 (+2354.7%), from €497 to €12,195
- Taxes +€10,602
new in 2024: €10,602
- Staff costs +€4,284
up €4,284 (+22.2%), from €19,319 to €23,603
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,084 | €84,186 | +€41,101 | +95.4% |
| Fixed assets | 21/28 | €13,453 | €38,986 | +€25,533 | +189.8% |
| Tangible fixed assets | 22/27 | €13,453 | €38,986 | +€25,533 | +189.8% |
| Furniture and vehicles | 24 | €13,453 | €38,986 | +€25,533 | +189.8% |
| Current assets | 29/58 | €29,631 | €45,200 | +€15,569 | +52.5% |
| Amounts receivable after more than one year | 29 | €2,200 | - | -€2,200 | |
| Trade receivables | 290 | €2,200 | - | -€2,200 | |
| Amounts receivable within one year | 40/41 | €22,799 | €40,059 | +€17,260 | +75.7% |
| Trade receivables | 40 | €17,913 | €14,439 | -€3,474 | -19.4% |
| Other amounts receivable | 41 | €4,886 | €25,620 | +€20,734 | +424.4% |
| Cash at bank and in hand | 54/58 | €4,632 | €5,141 | +€509 | +11.0% |
| Total equity and liabilities | 10/49 | €43,084 | €84,186 | +€41,101 | +95.4% |
| Equity | 10/15 | €9,250 | €37,734 | +€28,484 | +307.9% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €273 | €273 | = | 0.0% |
| Non-distributable reserves | 130/1 | €273 | €273 | = | 0.0% |
| Reserves not available under the articles | 1311 | €273 | €273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,737 | €36,221 | +€28,484 | +368.1% |
| Amounts payable | 17/49 | €33,834 | €46,451 | +€12,618 | +37.3% |
| Amounts payable within one year | 42/48 | €31,097 | €46,451 | +€15,354 | +49.4% |
| Trade debts | 44 | €13,104 | €4,132 | -€8,972 | -68.5% |
| Suppliers | 440/4 | €13,104 | €4,132 | -€8,972 | -68.5% |
| Advances received on contracts in progress | 46 | €13,116 | €13,076 | -€40 | -0.3% |
| Taxes, remuneration and social security | 45 | €4,877 | €28,233 | +€23,356 | +478.9% |
| Taxes | 450/3 | €1,506 | €18,186 | +€16,680 | +1107.6% |
| Remuneration and social security | 454/9 | €3,371 | €10,047 | +€6,676 | +198.0% |
| Other amounts payable | 47/48 | - | €1,010 | +€1,010 | |
| Accrued charges and deferred income | 492/3 | €2,737 | - | -€2,737 | |
| Remuneration, social security and pensions | 62 | €19,319 | €23,603 | +€4,284 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €497 | €12,195 | +€11,698 | +2354.7% |
| Other operating charges | 640/8 | €2,173 | €2,089 | -€84 | -3.9% |
| Gross operating margin | 9900 | €36,777 | €77,084 | +€40,308 | +109.6% |
| Operating profit (loss) | 9901 | €14,787 | €39,197 | +€24,410 | +165.1% |
| Financial charges | 65/66B | €333 | €111 | -€221 | -66.5% |
| Recurring financial charges | 65 | €333 | €111 | -€221 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | €14,455 | €39,085 | +€24,631 | +170.4% |
| Income taxes | 67/77 | - | €10,602 | +€10,602 | |
| Profit (loss) for the period | 9904 | €14,455 | €28,484 | +€14,029 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,455 | €28,484 | +€14,029 | +97.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.