SODALIS: 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.
What changed
SODALIS
NACE 88.999, Other social work without accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€128,568
2024 · €601,778-€473,211
Equity
€2.7m
2024 · €2.6m+€128,568
Cash
€18.2m
2024 · €16.5m+€1.7m
Balance sheet total
€21.0m
2024 · €21.5m-€480,234
Largest movements
Assets
- Current investments -€2.3m
down €2.3m (-67.9%), from €3.3m to €1.1m
- Cash +€1.7m
up €1.7m (+10.3%), from €16.5m to €18.2m
mainly Current investments (+€2.3m) and Depreciation (+€153,245)
- Receivables within one year +€230,730
up €230,730 (+30.5%), from €756,873 to €987,603
of which Trade receivables: +€233,393
Equity and liabilities
- Provisions -€382,500
down €382,500 (-47.3%), from €809,321 to €426,821
Income statement
- Financial income -€769,283
down €769,283 (-64.3%), from €1.2m to €426,258
of which Non-recurring financial income: -€595,446
- Purchases and services +€548,045
up €548,045 (+11.8%), from €4.6m to €5.2m
- Gross operating margin -€484,745
down €484,745 (-15.9%), from €3.1m to €2.6m
- Write-downs -€474,801
down €474,801 (-97.1%), from €488,903 to €14,102
- Staff costs +€163,704
up €163,704 (+6.0%), from €2.7m to €2.9m
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.
Result 2024
€601,778
Gross operating margin
-€484,745
Staff costs
-€163,704
Depreciation
+€2,518
Write-downs
+€474,801
Other operating charges
-€281
Other operating items
+€405,094
Financial income
-€769,283
Financial charges
-€14,414
Taxes
+€76,804
Result 2025
€128,568
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€459,298
Investment
+€2.2m
Financing
-€65,539
Cash 2024
€16.5m
From operations (derived)
-€459,298
Net result for the year
+€128,568
Depreciation
+€153,245
Receivables within one year
-€230,730
Deferred charges and accrued income
+€32,882
Provisions
-€382,500
Debts within one year
-€157,873
Accrued charges and deferred income
-€2,890
Investment (derived)
+€2.2m
Investment in fixed assets (net)
-€44,265
Current investments
+€2.3m
Financing
-€65,539
Debts after one year
-€65,539
Cash 2025
€18.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,527,023 | €21,046,789 | -€480,234 | -2.2% |
| Fixed assets | 21/28 | €900,944 | €791,964 | -€108,980 | -12.1% |
| Intangible fixed assets | 21 | €6,383 | €40,842 | +€34,459 | +540% |
| Tangible fixed assets | 22/27 | €459,561 | €315,914 | -€143,648 | -31.3% |
| Plant, machinery and equipment | 23 | €142,626 | €109,652 | -€32,974 | -23.1% |
| Furniture and vehicles | 24 | €226,647 | €156,732 | -€69,914 | -30.8% |
| Other tangible fixed assets | 26 | €90,288 | €49,529 | -€40,759 | -45.1% |
| Financial fixed assets | 28 | €435,000 | €435,208 | +€209 | 0.0% |
| Current assets | 29/58 | €20,626,079 | €20,254,825 | -€371,254 | -1.8% |
| Amounts receivable within one year | 40/41 | €756,873 | €987,603 | +€230,730 | +30.5% |
| Trade receivables | 40 | €751,437 | €984,831 | +€233,393 | +31.1% |
| Other amounts receivable | 41 | €5,436 | €2,772 | -€2,664 | -49.0% |
| Current investments | 50/53 | €3,343,685 | €1,074,620 | -€2.3m | -67.9% |
| Cash at bank and in hand | 54/58 | €16,457,607 | €18,157,571 | +€1.7m | +10.3% |
| Deferred charges and accrued income | 490/1 | €67,913 | €35,031 | -€32,882 | -48.4% |
| Total equity and liabilities | 10/49 | €21,527,023 | €21,046,789 | -€480,234 | -2.2% |
| Equity | 10/15 | €2,621,000 | €2,749,567 | +€128,568 | +4.9% |
| Contributions | 10/11 | €309,867 | €309,867 | = | 0.0% |
| Capital | 10 | €309,867 | €309,867 | = | 0.0% |
| Reserves | 13 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,911,133 | €2,039,701 | +€128,568 | +6.7% |
| Provisions and deferred taxes | 16 | €809,321 | €426,821 | -€382,500 | -47.3% |
| Provisions for liabilities and charges | 160/5 | €809,321 | €426,821 | -€382,500 | -47.3% |
| Other liabilities and charges | 164/5 | €809,321 | €426,821 | -€382,500 | -47.3% |
| Amounts payable | 17/49 | €18,096,702 | €17,870,400 | -€226,302 | -1.3% |
| Amounts payable after more than one year | 17 | €140,134 | €74,595 | -€65,539 | -46.8% |
| Financial debts | 170/4 | €140,134 | €74,595 | -€65,539 | -46.8% |
| Amounts payable within one year | 42/48 | €17,792,707 | €17,634,834 | -€157,873 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €65,629 | €65,539 | -€90 | -0.1% |
| Financial debts | 43 | €145,000 | €86 | -€144,914 | -99.9% |
| Credit institutions | 430/8 | €145,000 | €86 | -€144,914 | -99.9% |
| Trade debts | 44 | €648,966 | €497,729 | -€151,237 | -23.3% |
| Suppliers | 440/4 | €648,966 | €497,729 | -€151,237 | -23.3% |
| Advances received on contracts in progress | 46 | €16,224,307 | €16,402,001 | +€177,694 | +1.1% |
| Taxes, remuneration and social security | 45 | €503,503 | €460,912 | -€42,591 | -8.5% |
| Taxes | 450/3 | €149,194 | €108,876 | -€40,318 | -27.0% |
| Remuneration and social security | 454/9 | €354,309 | €352,036 | -€2,273 | -0.6% |
| Accrued charges and deferred income | 492/3 | €163,860 | €160,971 | -€2,890 | -1.8% |
| Turnover | 70 | €7,099,558 | €7,174,586 | +€75,029 | +1.1% |
| Non-recurring operating income | 76A | €22,353 | €9,502 | -€12,851 | -57.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,629,045 | €5,177,090 | +€548,045 | +11.8% |
| Remuneration, social security and pensions | 62 | €2,730,012 | €2,893,716 | +€163,704 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,763 | €153,245 | -€2,518 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €488,903 | €14,102 | -€474,801 | -97.1% |
| Other operating charges | 640/8 | €82,743 | €83,024 | +€281 | +0.3% |
| Non-recurring operating charges | 66A | €23,927 | €1,333 | -€22,594 | -94.4% |
| Gross operating margin | 9900 | €3,056,231 | €2,571,487 | -€484,745 | -15.9% |
| Operating profit (loss) | 9901 | -€425,117 | -€191,434 | +€233,683 | +55.0% |
| Financial income | 75/76B | €1,195,542 | €426,258 | -€769,283 | -64.3% |
| Recurring financial income | 75 | €528,125 | €354,288 | -€173,837 | -32.9% |
| Non-recurring financial income | 76B | €667,417 | €71,970 | -€595,446 | -89.2% |
| Financial charges | 65/66B | €15,480 | €29,894 | +€14,414 | +93.1% |
| Recurring financial charges | 65 | €15,480 | €29,894 | +€14,414 | +93.1% |
| Profit (loss) for the period before taxes | 9903 | €754,945 | €204,930 | -€550,015 | -72.9% |
| Income taxes | 67/77 | €153,166 | €76,363 | -€76,804 | -50.1% |
| Profit (loss) for the period | 9904 | €601,778 | €128,568 | -€473,211 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €601,778 | €128,568 | -€473,211 | -78.6% |
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 15 October 2026 via checked.be.