SODEMO: 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.
SODEMO
Largest movements
- Tangible fixed assets -€22,962
down €22,962 (-28.5%), from €80,584 to €57,622
of which Furniture and vehicles: -€17,985
- Cash -€17,181
down €17,181 (-62.2%), from €27,640 to €10,459
mainly Net result for the year (-€18,361) and Debts after one year (-€15,961)
- Receivables within one year +€9,227
up €9,227 (+346%), from €2,666 to €11,893
of which Other amounts receivable: +€7,097
- Profit (loss) carried forward -€18,361
new in 2025: -€18,361
- Debts after one year -€15,961
down €15,961 (-37.4%), from €42,703 to €26,742
- Other debts -€13,371
down €13,371 (-48.5%), from €27,570 to €14,199
- Current portion of long-term debt +€6,571
up €6,571 (+43.0%), from €15,278 to €21,849
- Trade debts +€5,715
up €5,715 (+266%), from €2,148 to €7,863
- Gross operating margin -€52,920
down €52,920 (-37.3%), from €141,822 to €88,902
- Depreciation -€9,453
down €9,453 (-28.6%), from €33,022 to €23,569
- Taxes -€7,098
down €7,098 (-96.8%), from €7,335 to €237
- Financial charges -€1,766
down €1,766 (-39.0%), from €4,534 to €2,768
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 | €113,038 | €82,308 | -€30,730 | -27.2% |
| Fixed assets | 21/28 | €80,964 | €58,002 | -€22,962 | -28.4% |
| Tangible fixed assets | 22/27 | €80,584 | €57,622 | -€22,962 | -28.5% |
| Plant, machinery and equipment | 23 | €3,596 | €2,404 | -€1,192 | -33.1% |
| Furniture and vehicles | 24 | €62,815 | €44,830 | -€17,985 | -28.6% |
| Other tangible fixed assets | 26 | €14,173 | €10,388 | -€3,785 | -26.7% |
| Financial fixed assets | 28 | €380 | €380 | = | 0.0% |
| Current assets | 29/58 | €32,074 | €24,306 | -€7,768 | -24.2% |
| Amounts receivable within one year | 40/41 | €2,666 | €11,893 | +€9,227 | +346% |
| Trade receivables | 40 | - | €2,130 | +€2,130 | |
| Other amounts receivable | 41 | €2,666 | €9,763 | +€7,097 | +266% |
| Cash at bank and in hand | 54/58 | €27,640 | €10,459 | -€17,181 | -62.2% |
| Deferred charges and accrued income | 490/1 | €1,768 | €1,954 | +€186 | +10.5% |
| Total equity and liabilities | 10/49 | €113,038 | €82,308 | -€30,730 | -27.2% |
| Equity | 10/15 | €21,364 | €3,003 | -€18,361 | -85.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €15,364 | €15,364 | = | 0.0% |
| Distributable reserves | 133 | €15,364 | €15,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€18,361 | -€18,361 | |
| Amounts payable | 17/49 | €91,674 | €79,305 | -€12,369 | -13.5% |
| Amounts payable after more than one year | 17 | €42,703 | €26,742 | -€15,961 | -37.4% |
| Financial debts | 170/4 | €42,703 | €26,742 | -€15,961 | -37.4% |
| Amounts payable within one year | 42/48 | €48,971 | €52,563 | +€3,592 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €15,278 | €21,849 | +€6,571 | +43.0% |
| Trade debts | 44 | €2,148 | €7,863 | +€5,715 | +266% |
| Suppliers | 440/4 | €2,148 | €7,863 | +€5,715 | +266% |
| Taxes, remuneration and social security | 45 | €3,975 | €8,652 | +€4,677 | +118% |
| Taxes | 450/3 | €2,344 | €1,785 | -€559 | -23.8% |
| Remuneration and social security | 454/9 | €1,631 | €6,867 | +€5,236 | +321% |
| Other amounts payable | 47/48 | €27,570 | €14,199 | -€13,371 | -48.5% |
| Remuneration, social security and pensions | 62 | €80,021 | €79,152 | -€869 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,022 | €23,569 | -€9,453 | -28.6% |
| Other operating charges | 640/8 | €1,550 | €1,577 | +€27 | +1.7% |
| Gross operating margin | 9900 | €141,822 | €88,902 | -€52,920 | -37.3% |
| Operating profit (loss) | 9901 | €27,229 | -€15,396 | -€42,625 | |
| Financial income | 75/76B | €4 | €40 | +€36 | +900% |
| Recurring financial income | 75 | €4 | €40 | +€36 | +900% |
| Financial charges | 65/66B | €4,534 | €2,768 | -€1,766 | -39.0% |
| Recurring financial charges | 65 | €4,534 | €2,768 | -€1,766 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €22,699 | -€18,124 | -€40,823 | |
| Income taxes | 67/77 | €7,335 | €237 | -€7,098 | -96.8% |
| Profit (loss) for the period | 9904 | €15,364 | -€18,361 | -€33,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,364 | -€18,361 | -€33,725 |
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 29 October 2026 via checked.be.