Sodély: 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
Sodély
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€933,940
2024 · €673,299+€260,640
Equity
€12.2m
2024 · €11.2m+€933,940
Cash
€2.1m
2024 · €2.2m-€54,260
Balance sheet total
€16.6m
2024 · €17.4m-€803,718
Largest movements
Assets
- Receivables after one year -€750,000
down €750,000 (-100%), from €750,000 to €0
Equity and liabilities
- Current portion of long-term debt -€1.7m
down €1.7m (-100%), from €1.7m to €0
- Profit (loss) carried forward +€887,243
up €887,243 (+15.6%), from €5.7m to €6.6m
Income statement
- Financial income +€247,880
up €247,880 (+40.6%), from €611,250 to €859,130
- Financial charges -€15,506
down €15,506 (-12.9%), from €120,632 to €105,126
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
€673,299
Services and other goods
-€1,382
Other operating charges
-€22
Financial income
+€247,880
Financial charges
+€15,506
Taxes
-€1,341
Result 2025
€933,940
raises the resultlowers the result
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
+€1.6m
Investment
€0
Financing
-€1.7m
Cash 2024
€2.2m
From operations (derived)
+€1.6m
Net result for the year
+€933,940
Receivables after one year
+€750,000
Receivables within one year
-€5,286
Deferred charges and accrued income
+€4,745
Smaller working-capital items
-€1,609
Accrued charges and deferred income
-€61,049
Financing
-€1.7m
Current portion of long-term debt
-€1.7m
Cash 2025
€2.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,363,912 | €16,560,194 | -€803,718 | -4.6% |
| Fixed assets | 21/28 | €14,000,000 | €14,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €14,000,000 | €14,000,000 | = | 0.0% |
| Affiliated companies | 280/1 | €14,000,000 | €14,000,000 | = | 0.0% |
| Participating interests | 280 | €14,000,000 | €14,000,000 | = | 0.0% |
| Current assets | 29/58 | €3,363,912 | €2,560,194 | -€803,718 | -23.9% |
| Amounts receivable after more than one year | 29 | €750,000 | €0 | -€750,000 | -100% |
| Trade receivables | 290 | €750,000 | €0 | -€750,000 | -100% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €443,454 | €448,740 | +€5,286 | +1.2% |
| Trade receivables | 40 | €42,834 | €42,834 | = | 0.0% |
| Other amounts receivable | 41 | €400,620 | €405,906 | +€5,286 | +1.3% |
| Cash at bank and in hand | 54/58 | €2,165,713 | €2,111,453 | -€54,260 | -2.5% |
| Deferred charges and accrued income | 490/1 | €4,745 | €0 | -€4,745 | -100% |
| Total equity and liabilities | 10/49 | €17,363,912 | €16,560,194 | -€803,718 | -4.6% |
| Equity | 10/15 | €11,241,244 | €12,175,184 | +€933,940 | +8.3% |
| Contributions | 10/11 | €5,241,600 | €5,241,600 | = | 0.0% |
| Capital | 10 | €5,241,600 | €5,241,600 | = | 0.0% |
| Issued capital | 100 | €5,241,600 | €5,241,600 | = | 0.0% |
| Reserves | 13 | €300,500 | €347,197 | +€46,697 | +15.5% |
| Non-distributable reserves | 130/1 | €300,500 | €347,197 | +€46,697 | +15.5% |
| Legal reserve | 130 | €300,500 | €347,197 | +€46,697 | +15.5% |
| Profit (loss) carried forward | 14 | €5,699,144 | €6,586,387 | +€887,243 | +15.6% |
| Amounts payable | 17/49 | €6,122,668 | €4,385,010 | -€1.7m | -28.4% |
| Amounts payable after more than one year | 17 | €4,325,000 | €4,325,000 | = | 0.0% |
| Financial debts | 170/4 | €4,325,000 | €4,325,000 | = | 0.0% |
| Other loans | 174 | €4,325,000 | €4,325,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,678,168 | €1,559 | -€1.7m | -99.9% |
| Current portion of amounts payable after more than one year | 42 | €1,675,000 | €0 | -€1.7m | -100% |
| Trade debts | 44 | €2,286 | €1,126 | -€1,160 | -50.7% |
| Suppliers | 440/4 | €2,286 | €1,126 | -€1,160 | -50.7% |
| Taxes, remuneration and social security | 45 | €882 | €433 | -€449 | -50.9% |
| Taxes | 450/3 | €882 | €433 | -€449 | -50.9% |
| Accrued charges and deferred income | 492/3 | €119,500 | €58,451 | -€61,049 | -51.1% |
| Operating income | 70/76A | €212,400 | €212,400 | = | 0.0% |
| Turnover | 70 | €212,400 | €212,400 | = | 0.0% |
| Operating charges | 60/66A | €5,499 | €6,903 | +€1,404 | +25.5% |
| Services and other goods | 61 | €5,382 | €6,764 | +€1,382 | +25.7% |
| Other operating charges | 640/8 | €117 | €139 | +€22 | +18.8% |
| Operating profit (loss) | 9901 | €206,901 | €205,497 | -€1,404 | -0.7% |
| Financial income | 75/76B | €611,250 | €859,130 | +€247,880 | +40.6% |
| Recurring financial income | 75 | €611,250 | €859,130 | +€247,880 | +40.6% |
| Income from financial fixed assets | 750 | €600,000 | €858,004 | +€258,004 | +43.0% |
| Income from current assets | 751 | €11,250 | €1,126 | -€10,124 | -90.0% |
| Financial charges | 65/66B | €120,632 | €105,126 | -€15,506 | -12.9% |
| Recurring financial charges | 65 | €120,632 | €105,126 | -€15,506 | -12.9% |
| Debt charges | 650 | €120,065 | €104,645 | -€15,420 | -12.8% |
| Other financial charges | 652/9 | €567 | €481 | -€86 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €697,519 | €959,500 | +€261,982 | +37.6% |
| Income taxes | 67/77 | €24,219 | €25,560 | +€1,341 | +5.5% |
| Taxes | 670/3 | €24,380 | €25,560 | +€1,181 | +4.8% |
| Tax adjustments and reversals of tax provisions | 77 | €160 | €0 | -€160 | -100% |
| Profit (loss) for the period | 9904 | €673,299 | €933,940 | +€260,640 | +38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €673,299 | €933,940 | +€260,640 | +38.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.