SODEC SERVICES: 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.
SODEC SERVICES
Largest movements
- Cash +€11,433
up €11,433 (+50.5%), from €22,646 to €34,079
mainly Other debts (+€14,776) and Net result for the year (+€14,706)
- Tangible fixed assets -€6,574
down €6,574 (-43.8%), from €15,002 to €8,428
- Receivables within one year +€6,364
up €6,364 (+70.9%), from €8,974 to €15,338
of which Trade receivables: +€8,231
- Other debts +€14,776
up €14,776 (+1980.7%), from €746 to €15,522
- Debts after one year -€7,397
down €7,397 (-74.8%), from €9,889 to €2,492
- Profit (loss) carried forward +€5,159
up €5,159 (+35.8%), from €14,402 to €19,561
- Trade debts -€2,870
down €2,870 (-89.9%), from €3,194 to €324
- Tax, wage and social debts +€1,525
up €1,525 (+166.8%), from €914 to €2,439
of which Taxes: +€1,517
- Gross operating margin +€15,387
up €15,387 (+115.9%), from €13,279 to €28,666
- Taxes +€3,508
up €3,508 (+107.3%), from €3,270 to €6,778
- Financial income +€574
up €574 (+57400.0%), from €1 to €575
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.
Cash bridge derived
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 | €47,735 | €59,049 | +€11,314 | +23.7% |
| Fixed assets | 21/28 | €15,002 | €8,428 | -€6,574 | -43.8% |
| Tangible fixed assets | 22/27 | €15,002 | €8,428 | -€6,574 | -43.8% |
| Furniture and vehicles | 24 | €15,002 | €8,428 | -€6,574 | -43.8% |
| Current assets | 29/58 | €32,733 | €50,621 | +€17,888 | +54.6% |
| Amounts receivable within one year | 40/41 | €8,974 | €15,338 | +€6,364 | +70.9% |
| Trade receivables | 40 | €7,067 | €15,298 | +€8,231 | +116.5% |
| Other amounts receivable | 41 | €1,907 | €40 | -€1,867 | -97.9% |
| Cash at bank and in hand | 54/58 | €22,646 | €34,079 | +€11,433 | +50.5% |
| Deferred charges and accrued income | 490/1 | €1,113 | €1,204 | +€91 | +8.2% |
| Total equity and liabilities | 10/49 | €47,735 | €59,049 | +€11,314 | +23.7% |
| Equity | 10/15 | €19,873 | €25,032 | +€5,159 | +26.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,471 | €3,471 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €3,271 | €3,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,402 | €19,561 | +€5,159 | +35.8% |
| Amounts payable | 17/49 | €27,862 | €34,017 | +€6,155 | +22.1% |
| Amounts payable after more than one year | 17 | €9,889 | €2,492 | -€7,397 | -74.8% |
| Financial debts | 170/4 | €9,889 | €2,492 | -€7,397 | -74.8% |
| Amounts payable within one year | 42/48 | €12,730 | €26,282 | +€13,552 | +106.5% |
| Current portion of amounts payable after more than one year | 42 | €7,876 | €7,997 | +€121 | +1.5% |
| Trade debts | 44 | €3,194 | €324 | -€2,870 | -89.9% |
| Suppliers | 440/4 | €3,194 | €324 | -€2,870 | -89.9% |
| Taxes, remuneration and social security | 45 | €914 | €2,439 | +€1,525 | +166.8% |
| Taxes | 450/3 | €908 | €2,425 | +€1,517 | +167.1% |
| Remuneration and social security | 454/9 | €6 | €14 | +€8 | +133.3% |
| Other amounts payable | 47/48 | €746 | €15,522 | +€14,776 | +1980.7% |
| Accrued charges and deferred income | 492/3 | €5,243 | €5,243 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,573 | €6,573 | = | 0.0% |
| Other operating charges | 640/8 | €1,061 | €860 | -€201 | -18.9% |
| Gross operating margin | 9900 | €13,279 | €28,666 | +€15,387 | +115.9% |
| Operating profit (loss) | 9901 | €5,645 | €21,233 | +€15,588 | +276.1% |
| Financial income | 75/76B | €1 | €575 | +€574 | +57400.0% |
| Recurring financial income | 75 | €1 | €575 | +€574 | +57400.0% |
| Financial charges | 65/66B | €477 | €324 | -€153 | -32.1% |
| Recurring financial charges | 65 | €477 | €324 | -€153 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €5,169 | €21,484 | +€16,315 | +315.6% |
| Income taxes | 67/77 | €3,270 | €6,778 | +€3,508 | +107.3% |
| Profit (loss) for the period | 9904 | €1,899 | €14,706 | +€12,807 | +674.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,899 | €14,706 | +€12,807 | +674.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.