Soda Coding: 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.
Soda Coding
Largest movements
- Tangible fixed assets -€17,077
down €17,077 (-58.1%), from €29,382 to €12,305
- Receivables within one year +€3,177
up €3,177 (+33.9%), from €9,363 to €12,540
of which Other amounts receivable: +€12,540
- Other debts +€200,000
new in 2025: €200,000
- Reserves -€199,238
down €199,238 (-84.2%), from €236,635 to €37,397
- Tax, wage and social debts -€12,669
down €12,669 (-80.9%), from €15,669 to €3,000
of which Taxes: -€9,669
- Gross operating margin -€57,250
down €57,250 (-74.7%), from €76,629 to €19,379
- Taxes -€15,044
down €15,044 (-97.0%), from €15,515 to €471
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 | €273,398 | €261,789 | -€11,609 | -4.2% |
| Fixed assets | 21/28 | €29,382 | €12,305 | -€17,077 | -58.1% |
| Tangible fixed assets | 22/27 | €29,382 | €12,305 | -€17,077 | -58.1% |
| Furniture and vehicles | 24 | €29,382 | €12,305 | -€17,077 | -58.1% |
| Current assets | 29/58 | €244,016 | €249,484 | +€5,468 | +2.2% |
| Amounts receivable within one year | 40/41 | €9,363 | €12,540 | +€3,177 | +33.9% |
| Trade receivables | 40 | €9,363 | - | -€9,363 | |
| Other amounts receivable | 41 | - | €12,540 | +€12,540 | |
| Cash at bank and in hand | 54/58 | €234,653 | €236,944 | +€2,291 | +1.0% |
| Total equity and liabilities | 10/49 | €273,398 | €261,789 | -€11,609 | -4.2% |
| Equity | 10/15 | €255,235 | €55,997 | -€199,238 | -78.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,635 | €37,397 | -€199,238 | -84.2% |
| Distributable reserves | 133 | €236,635 | €37,397 | -€199,238 | -84.2% |
| Amounts payable | 17/49 | €18,163 | €205,792 | +€187,629 | +1,033% |
| Amounts payable within one year | 42/48 | €17,612 | €205,224 | +€187,612 | +1,065% |
| Trade debts | 44 | €1,943 | €2,224 | +€281 | +14.5% |
| Suppliers | 440/4 | €1,943 | €2,224 | +€281 | +14.5% |
| Taxes, remuneration and social security | 45 | €15,669 | €3,000 | -€12,669 | -80.9% |
| Taxes | 450/3 | €9,669 | - | -€9,669 | |
| Remuneration and social security | 454/9 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Accrued charges and deferred income | 492/3 | €551 | €568 | +€17 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,078 | €17,077 | -€1 | 0.0% |
| Other operating charges | 640/8 | €892 | €916 | +€24 | +2.7% |
| Gross operating margin | 9900 | €76,629 | €19,379 | -€57,250 | -74.7% |
| Operating profit (loss) | 9901 | €58,659 | €1,386 | -€57,273 | -97.6% |
| Financial income | 75/76B | €41 | - | -€41 | |
| Recurring financial income | 75 | €41 | - | -€41 | |
| Financial charges | 65/66B | €223 | €153 | -€70 | -31.4% |
| Recurring financial charges | 65 | €223 | €153 | -€70 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €58,477 | €1,233 | -€57,244 | -97.9% |
| Income taxes | 67/77 | €15,515 | €471 | -€15,044 | -97.0% |
| Profit (loss) for the period | 9904 | €42,962 | €762 | -€42,200 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,962 | €762 | -€42,200 | -98.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.