SODEMCO: 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.
SODEMCO
Largest movements
- Receivables within one year -€26,099
down €26,099 (-95.0%), from €27,475 to €1,376
of which Trade receivables: -€25,344
- Cash +€18,646
up €18,646 (+54.1%), from €34,487 to €53,133
mainly Other debts (+€176,236) and Receivables within one year (+€26,099)
- Tangible fixed assets -€15,726
down €15,726 (-3.5%), from €446,992 to €431,266
of which Furniture and vehicles: -€15,726
- Other debts +€176,236
up €176,236 (+281.6%), from €62,584 to €238,820
- Contributions -€175,500
down €175,500 (-93.4%), from €187,900 to €12,400
- Debts after one year -€18,266
down €18,266 (-92.1%), from €19,823 to €1,557
- Reserves -€12,200
down €12,200 (-2.7%), from €447,327 to €435,127
of which Distributable reserves: -€12,200
- Financial charges +€7,947
up €7,947 (+164.5%), from €4,833 to €12,780
- Other operating charges -€2,731
down €2,731 (-83.5%), from €3,271 to €540
- Gross operating margin -€1,982
down €1,982 (-3.5%), from €56,351 to €54,369
- Taxes +€736
up €736 (+7.0%), from €10,452 to €11,188
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 | €752,312 | €729,133 | -€23,179 | -3.1% |
| Fixed assets | 21/28 | €446,992 | €431,266 | -€15,726 | -3.5% |
| Tangible fixed assets | 22/27 | €446,992 | €431,266 | -€15,726 | -3.5% |
| Land and buildings | 22 | €401,361 | €401,361 | = | 0.0% |
| Furniture and vehicles | 24 | €45,630 | €29,905 | -€15,726 | -34.5% |
| Current assets | 29/58 | €305,320 | €297,867 | -€7,453 | -2.4% |
| Amounts receivable after more than one year | 29 | €242,965 | €242,965 | = | 0.0% |
| Other amounts receivable | 291 | €242,965 | €242,965 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,475 | €1,376 | -€26,099 | -95.0% |
| Trade receivables | 40 | €26,720 | €1,376 | -€25,344 | -94.9% |
| Other amounts receivable | 41 | €755 | €0 | -€755 | -100.0% |
| Cash at bank and in hand | 54/58 | €34,487 | €53,133 | +€18,646 | +54.1% |
| Deferred charges and accrued income | 490/1 | €393 | €393 | = | 0.0% |
| Total equity and liabilities | 10/49 | €752,312 | €729,133 | -€23,179 | -3.1% |
| Equity | 10/15 | €635,227 | €447,527 | -€187,700 | -29.5% |
| Contributions | 10/11 | €187,900 | €12,400 | -€175,500 | -93.4% |
| Reserves | 13 | €447,327 | €435,127 | -€12,200 | -2.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €447,327 | €435,127 | -€12,200 | -2.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €117,085 | €281,606 | +€164,521 | +140.5% |
| Amounts payable after more than one year | 17 | €19,823 | €1,557 | -€18,266 | -92.1% |
| Financial debts | 170/4 | €19,823 | €1,557 | -€18,266 | -92.1% |
| Amounts payable within one year | 42/48 | €91,358 | €269,089 | +€177,730 | +194.5% |
| Current portion of amounts payable after more than one year | 42 | €17,487 | €18,266 | +€780 | +4.5% |
| Trade debts | 44 | €2,273 | €481 | -€1,792 | -78.8% |
| Suppliers | 440/4 | €2,273 | €481 | -€1,792 | -78.8% |
| Taxes, remuneration and social security | 45 | €9,015 | €11,522 | +€2,506 | +27.8% |
| Taxes | 450/3 | €9,015 | €11,522 | +€2,506 | +27.8% |
| Other amounts payable | 47/48 | €62,584 | €238,820 | +€176,236 | +281.6% |
| Accrued charges and deferred income | 492/3 | €5,904 | €10,960 | +€5,056 | +85.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,726 | €15,726 | = | 0.0% |
| Other operating charges | 640/8 | €3,271 | €540 | -€2,731 | -83.5% |
| Gross operating margin | 9900 | €56,351 | €54,369 | -€1,982 | -3.5% |
| Operating profit (loss) | 9901 | €37,354 | €38,103 | +€749 | +2.0% |
| Financial income | 75/76B | - | €199 | +€199 | |
| Recurring financial income | 75 | - | €199 | +€199 | |
| Financial charges | 65/66B | €4,833 | €12,780 | +€7,947 | +164.5% |
| Recurring financial charges | 65 | €4,833 | €12,780 | +€7,947 | +164.5% |
| Profit (loss) for the period before taxes | 9903 | €32,521 | €25,522 | -€6,999 | -21.5% |
| Income taxes | 67/77 | €10,452 | €11,188 | +€736 | +7.0% |
| Profit (loss) for the period | 9904 | €22,069 | €14,334 | -€7,736 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,069 | €14,334 | -€7,736 | -35.1% |
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 12 October 2026 via checked.be.