SODELFIN: 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.
SODELFIN
Largest movements
- Financial fixed assets -€138,000
no longer reported in 2025 (was €138,000)
- Cash +€51,112
up €51,112 (+189%), from €27,040 to €78,152
mainly Investment in fixed assets (net) (+€138,000)
- Other debts -€50,519
no longer reported in 2025 (was €50,519)
- Profit (loss) carried forward -€34,798
down €34,798 (-74.8%), from €46,521 to €11,724
- Other operating charges +€63,565
up €63,565 (+16,535%), from €384 to €63,950
- Financial income +€50,000
new in 2025: €50,000
- Financial charges +€18,610
up €18,610 (+26,586%), from €70 to €18,680
of which Non-recurring financial charges: +€18,600
- Gross operating margin -€11,869
down €11,869, from €9,718 to -€2,150
- Taxes -€2,103
down €2,103 (-99.2%), from €2,120 to €17
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 | €166,224 | €79,924 | -€86,300 | -51.9% |
| Fixed assets | 21/28 | €138,000 | - | -€138,000 | |
| Financial fixed assets | 28 | €138,000 | - | -€138,000 | |
| Current assets | 29/58 | €28,224 | €79,924 | +€51,700 | +183% |
| Amounts receivable within one year | 40/41 | €1,183 | €1,697 | +€514 | +43.4% |
| Other amounts receivable | 41 | €1,183 | €1,697 | +€514 | +43.4% |
| Cash at bank and in hand | 54/58 | €27,040 | €78,152 | +€51,112 | +189% |
| Deferred charges and accrued income | 490/1 | - | €74 | +€74 | |
| Total equity and liabilities | 10/49 | €166,224 | €79,924 | -€86,300 | -51.9% |
| Equity | 10/15 | €114,721 | €79,924 | -€34,798 | -30.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,521 | €11,724 | -€34,798 | -74.8% |
| Amounts payable | 17/49 | €51,503 | - | -€51,503 | |
| Amounts payable within one year | 42/48 | €51,503 | - | -€51,503 | |
| Taxes, remuneration and social security | 45 | €984 | - | -€984 | |
| Taxes | 450/3 | €984 | - | -€984 | |
| Other amounts payable | 47/48 | €50,519 | - | -€50,519 | |
| Other operating charges | 640/8 | €384 | €63,950 | +€63,565 | +16,535% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Gross operating margin | 9900 | €9,718 | -€2,150 | -€11,869 | |
| Operating profit (loss) | 9901 | €9,334 | -€66,100 | -€75,434 | |
| Financial income | 75/76B | - | €50,000 | +€50,000 | |
| Recurring financial income | 75 | - | €50,000 | +€50,000 | |
| Financial charges | 65/66B | €70 | €18,680 | +€18,610 | +26,586% |
| Recurring financial charges | 65 | €70 | €80 | +€10 | +14.8% |
| Non-recurring financial charges | 66B | - | €18,600 | +€18,600 | |
| Profit (loss) for the period before taxes | 9903 | €9,264 | -€34,780 | -€44,044 | |
| Income taxes | 67/77 | €2,120 | €17 | -€2,103 | -99.2% |
| Profit (loss) for the period | 9904 | €7,144 | -€34,798 | -€41,941 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,144 | -€34,798 | -€41,941 |
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 18 October 2026 via checked.be.