Sodetap Management: 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.
Sodetap Management
Largest movements
- Cash +€22,267
up €22,267 (+146%), from €15,233 to €37,500
mainly Receivables within one year (+€16,041) and Depreciation (+€14,189)
- Receivables within one year -€16,041
down €16,041 (-1.4%), from €1.1m to €1.1m
of which Trade receivables: -€10,925
- Tangible fixed assets -€14,189
down €14,189 (-37.7%), from €37,604 to €23,415
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€18,875
down €18,875, from €16,591 to -€2,284
- Staff costs -€6,674
down €6,674 (-63.8%), from €10,468 to €3,794
- Financial income +€5,254
up €5,254 (+63.4%), from €8,292 to €13,546
- Financial charges +€894
up €894 (+109%), from €818 to €1,712
- Taxes -€758
down €758 (-90.0%), from €842 to €84
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 | €1,178,247 | €1,170,484 | -€7,763 | -0.7% |
| Fixed assets | 21/28 | €37,604 | €23,615 | -€13,989 | -37.2% |
| Tangible fixed assets | 22/27 | €37,604 | €23,415 | -€14,189 | -37.7% |
| Furniture and vehicles | 24 | €37,604 | €23,415 | -€14,189 | -37.7% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €1,140,643 | €1,146,869 | +€6,226 | +0.5% |
| Amounts receivable within one year | 40/41 | €1,125,410 | €1,109,368 | -€16,041 | -1.4% |
| Trade receivables | 40 | €860,680 | €849,755 | -€10,925 | -1.3% |
| Other amounts receivable | 41 | €264,730 | €259,613 | -€5,117 | -1.9% |
| Cash at bank and in hand | 54/58 | €15,233 | €37,500 | +€22,267 | +146% |
| Total equity and liabilities | 10/49 | €1,178,247 | €1,170,484 | -€7,763 | -0.7% |
| Equity | 10/15 | €226,471 | €218,464 | -€8,007 | -3.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,371 | €218,364 | -€8,007 | -3.5% |
| Amounts payable | 17/49 | €951,776 | €952,020 | +€244 | 0.0% |
| Amounts payable within one year | 42/48 | €951,509 | €951,734 | +€225 | 0.0% |
| Taxes, remuneration and social security | 45 | €36,493 | €36,718 | +€225 | +0.6% |
| Taxes | 450/3 | €36,493 | €36,718 | +€225 | +0.6% |
| Other amounts payable | 47/48 | €915,016 | €915,016 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €267 | €286 | +€18 | +6.9% |
| Remuneration, social security and pensions | 62 | €10,468 | €3,794 | -€6,674 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,189 | €14,189 | = | 0.0% |
| Other operating charges | 640/8 | €98 | €144 | +€46 | +47.4% |
| Gross operating margin | 9900 | €16,591 | -€2,284 | -€18,875 | |
| Operating profit (loss) | 9901 | -€8,164 | -€20,411 | -€12,247 | -150% |
| Financial income | 75/76B | €8,292 | €13,546 | +€5,254 | +63.4% |
| Recurring financial income | 75 | €8,292 | €13,546 | +€5,254 | +63.4% |
| Financial charges | 65/66B | €818 | €1,712 | +€894 | +109% |
| Recurring financial charges | 65 | €818 | €1,712 | +€894 | +109% |
| Profit (loss) for the period before taxes | 9903 | -€690 | -€8,577 | -€7,887 | -1,143% |
| Income taxes | 67/77 | €842 | €84 | -€758 | -90.0% |
| Profit (loss) for the period | 9904 | -€1,532 | -€8,661 | -€7,128 | -465% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,532 | -€8,661 | -€7,128 | -465% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.