SODA CREATION: 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 CREATION
Largest movements
- Tangible fixed assets -€7,731
down €7,731 (-6.7%), from €114,610 to €106,879
of which Plant, machinery and equipment: -€5,418
- Deferred charges and accrued income +€6,128
up €6,128 (+44.0%), from €13,941 to €20,069
- Receivables within one year -€3,650
down €3,650 (-13.9%), from €26,186 to €22,535
of which Trade receivables: -€3,650
- Cash +€2,341
up €2,341 (+18.6%), from €12,590 to €14,931
mainly Net result for the year (+€18,973) and Depreciation (+€7,731)
- Reserves +€17,373
up €17,373 (+164%), from €10,592 to €27,965
of which Distributable reserves: +€17,373
- Trade debts -€10,892
down €10,892 (-33.5%), from €32,548 to €21,656
- Debts after one year -€8,204
down €8,204 (-19.4%), from €42,214 to €34,010
of which Financial debts: -€8,204
- Other debts -€2,362
down €2,362 (-36.1%), from €6,546 to €4,184
- Gross operating margin +€13,333
up €13,333 (+50.4%), from €26,474 to €39,807
- Depreciation -€2,139
down €2,139 (-21.7%), from €9,871 to €7,731
- Taxes -€1,915
down €1,915 (-18.0%), from €10,630 to €8,714
- Staff costs -€843
down €843 (-23.6%), from €3,566 to €2,723
- Financial charges -€762
down €762 (-42.7%), from €1,783 to €1,021
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 | €168,509 | €165,595 | -€2,913 | -1.7% |
| Fixed assets | 21/28 | €115,755 | €108,024 | -€7,731 | -6.7% |
| Tangible fixed assets | 22/27 | €114,610 | €106,879 | -€7,731 | -6.7% |
| Land and buildings | 22 | €50,948 | €49,067 | -€1,881 | -3.7% |
| Plant, machinery and equipment | 23 | €63,097 | €57,680 | -€5,418 | -8.6% |
| Furniture and vehicles | 24 | €565 | €132 | -€432 | -76.5% |
| Financial fixed assets | 28 | €1,145 | €1,145 | = | 0.0% |
| Current assets | 29/58 | €52,753 | €57,571 | +€4,818 | +9.1% |
| Stocks and contracts in progress | 3 | €37 | €37 | = | 0.0% |
| Stocks | 30/36 | €37 | €37 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,186 | €22,535 | -€3,650 | -13.9% |
| Trade receivables | 40 | €25,906 | €22,256 | -€3,650 | -14.1% |
| Other amounts receivable | 41 | €280 | €280 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,590 | €14,931 | +€2,341 | +18.6% |
| Deferred charges and accrued income | 490/1 | €13,941 | €20,069 | +€6,128 | +44.0% |
| Total equity and liabilities | 10/49 | €168,509 | €165,595 | -€2,913 | -1.7% |
| Equity | 10/15 | €67,098 | €84,471 | +€17,373 | +25.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Uncalled capital | 101 | €12,350 | - | -€12,350 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €10,592 | €27,965 | +€17,373 | +164% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €8,737 | €26,110 | +€17,373 | +199% |
| Profit (loss) carried forward | 14 | €24,398 | €24,398 | = | 0.0% |
| Investment grants | 15 | €25,909 | €25,909 | = | 0.0% |
| Amounts payable | 17/49 | €101,410 | €81,124 | -€20,286 | -20.0% |
| Amounts payable after more than one year | 17 | €42,214 | €34,010 | -€8,204 | -19.4% |
| Financial debts | 170/4 | €40,714 | €32,510 | -€8,204 | -20.2% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,196 | €47,114 | -€12,082 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €8,093 | €8,842 | +€749 | +9.3% |
| Trade debts | 44 | €32,548 | €21,656 | -€10,892 | -33.5% |
| Suppliers | 440/4 | €32,548 | €21,656 | -€10,892 | -33.5% |
| Taxes, remuneration and social security | 45 | €12,010 | €12,433 | +€423 | +3.5% |
| Taxes | 450/3 | €12,010 | €12,433 | +€423 | +3.5% |
| Other amounts payable | 47/48 | €6,546 | €4,184 | -€2,362 | -36.1% |
| Non-recurring operating income | 76A | €2 | - | -€2 | |
| Remuneration, social security and pensions | 62 | €3,566 | €2,723 | -€843 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,871 | €7,731 | -€2,139 | -21.7% |
| Other operating charges | 640/8 | - | €651 | +€651 | |
| Gross operating margin | 9900 | €26,474 | €39,807 | +€13,333 | +50.4% |
| Operating profit (loss) | 9901 | €13,038 | €28,703 | +€15,665 | +120% |
| Financial income | 75/76B | €428 | €6 | -€422 | -98.7% |
| Recurring financial income | 75 | €428 | €6 | -€422 | -98.7% |
| Non-recurring financial income | 76B | €428 | - | -€428 | |
| Financial charges | 65/66B | €1,783 | €1,021 | -€762 | -42.7% |
| Recurring financial charges | 65 | €1,783 | €1,021 | -€762 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €11,683 | €27,687 | +€16,005 | +137% |
| Income taxes | 67/77 | €10,630 | €8,714 | -€1,915 | -18.0% |
| Profit (loss) for the period | 9904 | €1,053 | €18,973 | +€17,920 | +1,702% |
| Profit (loss) for the period to be appropriated | 9905 | €1,053 | €18,973 | +€17,920 | +1,702% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.