SODABLAST: 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.
SODABLAST
Largest movements
- Current investments +€152,461
new in 2025: €152,461
- Stocks and contracts -€101,872
down €101,872 (-56.7%), from €179,657 to €77,785
- Deferred charges and accrued income +€76,166
up €76,166 (+26,852%), from €284 to €76,450
- Receivables within one year +€47,196
up €47,196 (+98.1%), from €48,111 to €95,307
of which Trade receivables: +€34,520
- Cash -€42,833
down €42,833 (-54.6%), from €78,419 to €35,587
mainly Current investments (-€152,461) and Deferred charges and accrued income (-€76,166)
- Other debts +€145,095
up €145,095 (+276%), from €52,563 to €197,658
- Debts after one year -€60,623
down €60,623 (-37.2%), from €163,155 to €102,532
of which Financial debts: -€60,623
- Reserves +€52,996
up €52,996 (+8.1%), from €656,320 to €709,316
- Current portion of long-term debt -€26,235
down €26,235 (-68.3%), from €38,440 to €12,205
- Trade debts -€22,926
down €22,926 (-23.8%), from €96,140 to €73,214
- Gross operating margin -€16,443
down €16,443 (-6.6%), from €249,056 to €232,612
- Financial charges -€10,661
down €10,661 (-37.6%), from €28,321 to €17,659
- Depreciation +€9,274
up €9,274 (+11.9%), from €77,765 to €87,039
- Staff costs -€6,232
down €6,232 (-16.4%), from €38,050 to €31,818
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 | €1,061,905 | €1,155,512 | +€93,607 | +8.8% |
| Fixed assets | 21/28 | €755,434 | €717,922 | -€37,512 | -5.0% |
| Tangible fixed assets | 22/27 | €755,434 | €717,922 | -€37,512 | -5.0% |
| Land and buildings | 22 | €615,090 | €598,252 | -€16,838 | -2.7% |
| Plant, machinery and equipment | 23 | €109,942 | €95,541 | -€14,401 | -13.1% |
| Furniture and vehicles | 24 | €30,402 | €24,128 | -€6,274 | -20.6% |
| Current assets | 29/58 | €306,471 | €437,590 | +€131,119 | +42.8% |
| Stocks and contracts in progress | 3 | €179,657 | €77,785 | -€101,872 | -56.7% |
| Stocks | 30/36 | €179,657 | €77,785 | -€101,872 | -56.7% |
| Amounts receivable within one year | 40/41 | €48,111 | €95,307 | +€47,196 | +98.1% |
| Trade receivables | 40 | €29,405 | €63,925 | +€34,520 | +117% |
| Other amounts receivable | 41 | €18,706 | €31,382 | +€12,676 | +67.8% |
| Current investments | 50/53 | - | €152,461 | +€152,461 | |
| Cash at bank and in hand | 54/58 | €78,419 | €35,587 | -€42,833 | -54.6% |
| Deferred charges and accrued income | 490/1 | €284 | €76,450 | +€76,166 | +26,852% |
| Total equity and liabilities | 10/49 | €1,061,905 | €1,155,512 | +€93,607 | +8.8% |
| Equity | 10/15 | €668,720 | €721,716 | +€52,996 | +7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €656,320 | €709,316 | +€52,996 | +8.1% |
| Distributable reserves | 133 | €656,320 | €709,316 | +€52,996 | +8.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €393,186 | €433,796 | +€40,611 | +10.3% |
| Amounts payable after more than one year | 17 | €163,155 | €102,532 | -€60,623 | -37.2% |
| Financial debts | 170/4 | €153,155 | €92,532 | -€60,623 | -39.6% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €230,031 | €331,264 | +€101,234 | +44.0% |
| Current portion of amounts payable after more than one year | 42 | €38,440 | €12,205 | -€26,235 | -68.3% |
| Trade debts | 44 | €96,140 | €73,214 | -€22,926 | -23.8% |
| Suppliers | 440/4 | €96,140 | €73,214 | -€22,926 | -23.8% |
| Taxes, remuneration and social security | 45 | €42,888 | €48,188 | +€5,300 | +12.4% |
| Taxes | 450/3 | €35,150 | €39,117 | +€3,966 | +11.3% |
| Remuneration and social security | 454/9 | €7,738 | €9,072 | +€1,333 | +17.2% |
| Other amounts payable | 47/48 | €52,563 | €197,658 | +€145,095 | +276% |
| Remuneration, social security and pensions | 62 | €38,050 | €31,818 | -€6,232 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,765 | €87,039 | +€9,274 | +11.9% |
| Other operating charges | 640/8 | €15,060 | €15,521 | +€461 | +3.1% |
| Gross operating margin | 9900 | €249,056 | €232,612 | -€16,443 | -6.6% |
| Operating profit (loss) | 9901 | €118,181 | €98,234 | -€19,947 | -16.9% |
| Financial income | 75/76B | €3,718 | €3,130 | -€587 | -15.8% |
| Recurring financial income | 75 | €3,718 | €3,130 | -€587 | -15.8% |
| Financial charges | 65/66B | €28,321 | €17,659 | -€10,661 | -37.6% |
| Recurring financial charges | 65 | €28,321 | €17,659 | -€10,661 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €93,578 | €83,705 | -€9,873 | -10.6% |
| Income taxes | 67/77 | €30,408 | €30,709 | +€301 | +1.0% |
| Profit (loss) for the period | 9904 | €63,170 | €52,996 | -€10,174 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,170 | €52,996 | -€10,174 | -16.1% |
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 27 October 2026 via checked.be.