SODEVER: what changed
Two fiscal 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.
SODEVER
Largest movements
- Current investments -€700,000
no longer reported in 2025 (was €700,000)
- Cash +€83,699
up €83,699 (+26.4%), from €317,519 to €401,219
mainly Current investments (+€700,000) and Net result for the year (+€6,918)
- Reserves -€600,000
down €600,000 (-85.9%), from €698,464 to €98,464
- Provisions -€19,404
down €19,404 (-5.5%), from €355,575 to €336,171
- Financial income -€14,167
down €14,167 (-69.5%), from €20,389 to €6,221
- Provisions +€13,302
up €13,302 (+40.7%), from -€32,706 to -€19,404
- Gross operating margin +€10,773
up €10,773 (+57.1%), from -€18,884 to -€8,111
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 | €1,264,999 | €648,805 | -€616,193 | -48.7% |
| Fixed assets | 21/28 | €229,674 | €229,674 | = | 0.0% |
| Tangible fixed assets | 22/27 | €229,674 | €229,674 | = | 0.0% |
| Land and buildings | 22 | €229,674 | €229,674 | = | 0.0% |
| Current assets | 29/58 | €1,035,325 | €419,131 | -€616,193 | -59.5% |
| Amounts receivable within one year | 40/41 | €16,165 | €16,077 | -€87 | -0.5% |
| Other amounts receivable | 41 | €16,165 | €16,077 | -€87 | -0.5% |
| Current investments | 50/53 | €700,000 | - | -€700,000 | |
| Cash at bank and in hand | 54/58 | €317,519 | €401,219 | +€83,699 | +26.4% |
| Deferred charges and accrued income | 490/1 | €1,641 | €1,835 | +€195 | +11.9% |
| Total equity and liabilities | 10/49 | €1,264,999 | €648,805 | -€616,193 | -48.7% |
| Equity | 10/15 | €734,704 | €141,622 | -€593,082 | -80.7% |
| Contributions | 10/11 | €18,599 | €18,599 | = | 0.0% |
| Reserves | 13 | €698,464 | €98,464 | -€600,000 | -85.9% |
| Distributable reserves | 133 | €698,464 | €98,464 | -€600,000 | -85.9% |
| Profit (loss) carried forward | 14 | €17,641 | €24,559 | +€6,918 | +39.2% |
| Provisions and deferred taxes | 16 | €355,575 | €336,171 | -€19,404 | -5.5% |
| Provisions for liabilities and charges | 160/5 | €355,575 | €336,171 | -€19,404 | -5.5% |
| Other liabilities and charges | 164/5 | €355,575 | €336,171 | -€19,404 | -5.5% |
| Amounts payable | 17/49 | €174,720 | €171,013 | -€3,708 | -2.1% |
| Amounts payable within one year | 42/48 | €11,392 | €7,684 | -€3,708 | -32.5% |
| Trade debts | 44 | €11,392 | €7,684 | -€3,708 | -32.5% |
| Suppliers | 440/4 | €11,392 | €7,684 | -€3,708 | -32.5% |
| Accrued charges and deferred income | 492/3 | €163,328 | €163,328 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€32,706 | -€19,404 | +€13,302 | +40.7% |
| Other operating charges | 640/8 | €2,248 | €2,306 | +€58 | +2.6% |
| Gross operating margin | 9900 | -€18,884 | -€8,111 | +€10,773 | +57.1% |
| Operating profit (loss) | 9901 | €11,574 | €8,987 | -€2,587 | -22.4% |
| Financial income | 75/76B | €20,389 | €6,221 | -€14,167 | -69.5% |
| Recurring financial income | 75 | €20,389 | €6,221 | -€14,167 | -69.5% |
| Financial charges | 65/66B | €8,284 | €8,290 | +€7 | +0.1% |
| Recurring financial charges | 65 | €8,284 | €8,290 | +€7 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €23,679 | €6,918 | -€16,761 | -70.8% |
| Profit (loss) for the period | 9904 | €23,679 | €6,918 | -€16,761 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,679 | €6,918 | -€16,761 | -70.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.