SODIAL: 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
SODIAL
NACE 10.200, Manufacture of food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€267,917
2024 · €13,161+€254,756
Equity
€1.9m
2024 · €1.6m+€267,917
Cash
€588,743
2024 · €1.1m-€515,921
Balance sheet total
€8.7m
2024 · €9.2m-€447,070
Largest movements
Assets
- Receivables within one year +€622,913
up €622,913 (+14.7%), from €4.2m to €4.9m
of which Trade receivables: +€522,001
- Cash -€515,921
down €515,921 (-46.7%), from €1.1m to €588,743
mainly Receivables within one year (-€622,913) and Short-term financial debts (-€533,954)
- Tangible fixed assets -€271,390
down €271,390 (-11.5%), from €2.4m to €2.1m
of which Leasing and similar rights: -€235,837
- Stocks and contracts -€239,611
down €239,611 (-18.6%), from €1.3m to €1.0m
Equity and liabilities
- Short-term financial debts -€533,954
down €533,954 (-19.6%), from €2.7m to €2.2m
- Trade debts -€473,558
down €473,558 (-14.9%), from €3.2m to €2.7m
- Profit (loss) carried forward +€267,917
up €267,917 (+64.7%), from €413,914 to €681,830
- Tax, wage and social debts +€223,637
up €223,637 (+57.3%), from €390,090 to €613,727
of which Taxes: +€168,796
- Current portion of long-term debt +€167,577
up €167,577 (+73.5%), from €228,055 to €395,632
Income statement
- Goods and materials -€1.2m
down €1.2m (-8.1%), from €14.9m to €13.7m
of which Purchases: -€1.4m
- Turnover -€573,541
down €573,541 (-2.8%), from €20.7m to €20.1m
- Staff costs +€257,178
up €257,178 (+10.9%), from €2.4m to €2.6m
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
€13,161
Turnover
-€573,541
Other operating income
+€18,175
Goods and materials
+€1.2m
Services and other goods
-€140,561
Staff costs
-€257,178
Depreciation
+€109,789
Other operating charges
+€39,919
Other operating items
+€70,146
Financial income
+€269
Financial charges
-€23,221
Taxes
-€186,154
Result 2025
€267,917
raises the resultlowers the resultnot broken down further in the accounts
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
+€337,148
Investment
-€388,003
Financing
-€465,066
Cash 2024
€1.1m
From operations (derived)
+€337,148
Net result for the year
+€267,917
Depreciation
+€642,517
Stocks and contracts
+€239,611
Receivables within one year
-€622,913
Deferred charges and accrued income
+€59,938
Trade debts
-€473,558
Tax, wage and social debts
+€223,637
Investment (derived)
-€388,003
Investment in fixed assets (net)
-€388,003
Financing
-€465,066
Debts after one year
-€98,689
Current portion of long-term debt
+€167,577
Short-term financial debts
-€533,954
Cash 2025
€588,743
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,179,723 | €8,732,653 | -€447,070 | -4.9% |
| Fixed assets | 21/28 | €2,486,594 | €2,232,080 | -€254,514 | -10.2% |
| Intangible fixed assets | 21 | €119,233 | €123,433 | +€4,201 | +3.5% |
| Tangible fixed assets | 22/27 | €2,358,538 | €2,087,149 | -€271,390 | -11.5% |
| Land and buildings | 22 | €526,818 | €540,656 | +€13,838 | +2.6% |
| Plant, machinery and equipment | 23 | €993,999 | €925,491 | -€68,508 | -6.9% |
| Furniture and vehicles | 24 | €47,108 | €66,225 | +€19,117 | +40.6% |
| Leasing and similar rights | 25 | €790,613 | €554,776 | -€235,837 | -29.8% |
| Financial fixed assets | 28 | €8,823 | €21,498 | +€12,675 | +144% |
| Other financial fixed assets | 284/8 | €8,823 | €21,498 | +€12,675 | +144% |
| Amounts receivable and cash guarantees | 285/8 | €8,823 | €21,498 | +€12,675 | +144% |
| Current assets | 29/58 | €6,693,130 | €6,500,573 | -€192,557 | -2.9% |
| Stocks and contracts in progress | 3 | €1,285,450 | €1,045,839 | -€239,611 | -18.6% |
| Stocks | 30/36 | €1,285,450 | €1,045,839 | -€239,611 | -18.6% |
| Raw materials and consumables | 30/31 | €929,020 | €630,756 | -€298,264 | -32.1% |
| Finished goods | 33 | €248,830 | €280,325 | +€31,495 | +12.7% |
| Goods purchased for resale | 34 | €107,600 | €134,759 | +€27,159 | +25.2% |
| Amounts receivable within one year | 40/41 | €4,228,117 | €4,851,030 | +€622,913 | +14.7% |
| Trade receivables | 40 | €4,023,512 | €4,545,513 | +€522,001 | +13.0% |
| Other amounts receivable | 41 | €204,605 | €305,517 | +€100,912 | +49.3% |
| Cash at bank and in hand | 54/58 | €1,104,664 | €588,743 | -€515,921 | -46.7% |
| Deferred charges and accrued income | 490/1 | €74,899 | €14,961 | -€59,938 | -80.0% |
| Total equity and liabilities | 10/49 | €9,179,723 | €8,732,653 | -€447,070 | -4.9% |
| Equity | 10/15 | €1,628,545 | €1,896,462 | +€267,917 | +16.5% |
| Contributions | 10/11 | €729,723 | €729,723 | = | 0.0% |
| Capital | 10 | €729,723 | €729,723 | = | 0.0% |
| Issued capital | 100 | €729,723 | €729,723 | = | 0.0% |
| Revaluation surpluses | 12 | €388,724 | €388,724 | = | 0.0% |
| Reserves | 13 | €96,185 | €96,185 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,972 | €42,972 | = | 0.0% |
| Legal reserve | 130 | €42,972 | €42,972 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,213 | €53,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | €413,914 | €681,830 | +€267,917 | +64.7% |
| Amounts payable | 17/49 | €7,551,178 | €6,836,191 | -€714,987 | -9.5% |
| Amounts payable after more than one year | 17 | €1,025,735 | €927,045 | -€98,689 | -9.6% |
| Financial debts | 170/4 | €1,025,735 | €927,045 | -€98,689 | -9.6% |
| Leasing and similar obligations | 172 | €1,025,735 | €927,045 | -€98,689 | -9.6% |
| Amounts payable within one year | 42/48 | €6,525,443 | €5,909,145 | -€616,298 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €228,055 | €395,632 | +€167,577 | +73.5% |
| Financial debts | 43 | €2,731,188 | €2,197,234 | -€533,954 | -19.6% |
| Credit institutions | 430/8 | €2,731,188 | €2,197,234 | -€533,954 | -19.6% |
| Trade debts | 44 | €3,176,110 | €2,702,552 | -€473,558 | -14.9% |
| Suppliers | 440/4 | €3,176,110 | €2,702,552 | -€473,558 | -14.9% |
| Taxes, remuneration and social security | 45 | €390,090 | €613,727 | +€223,637 | +57.3% |
| Taxes | 450/3 | €167,910 | €336,707 | +€168,796 | +101% |
| Remuneration and social security | 454/9 | €222,180 | €277,021 | +€54,841 | +24.7% |
| Operating income | 70/76A | €20,706,476 | €20,151,110 | -€555,366 | -2.7% |
| Turnover | 70 | €20,690,804 | €20,117,263 | -€573,541 | -2.8% |
| Other operating income | 74 | €15,672 | €33,847 | +€18,175 | +116% |
| Operating charges | 60/66A | €20,414,724 | €19,395,497 | -€1.0m | -5.0% |
| Goods for resale, raw materials and consumables | 60 | €14,860,092 | €13,662,978 | -€1.2m | -8.1% |
| Purchases | 600/8 | €14,850,879 | €13,423,367 | -€1.4m | -9.6% |
| Change in stocks: decrease (increase) | 609 | €9,213 | €239,611 | +€230,398 | +2,501% |
| Services and other goods | 61 | €2,289,169 | €2,429,730 | +€140,561 | +6.1% |
| Remuneration, social security and pensions | 62 | €2,359,822 | €2,617,000 | +€257,178 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €752,305 | €642,517 | -€109,789 | -14.6% |
| Other operating charges | 640/8 | €57,152 | €17,233 | -€39,919 | -69.8% |
| Non-recurring operating charges | 66A | €96,185 | €26,039 | -€70,146 | -72.9% |
| Operating profit (loss) | 9901 | €291,752 | €755,613 | +€463,861 | +159% |
| Financial income | 75/76B | €77 | €347 | +€269 | +348% |
| Recurring financial income | 75 | €77 | €347 | +€269 | +348% |
| Income from financial fixed assets | 750 | €77 | €347 | +€269 | +348% |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €265,051 | €288,272 | +€23,221 | +8.8% |
| Recurring financial charges | 65 | €265,051 | €288,272 | +€23,221 | +8.8% |
| Debt charges | 650 | €235,788 | €229,023 | -€6,766 | -2.9% |
| Other financial charges | 652/9 | €29,262 | €59,249 | +€29,986 | +102% |
| Profit (loss) for the period before taxes | 9903 | €26,779 | €467,688 | +€440,910 | +1,647% |
| Income taxes | 67/77 | €13,618 | €199,772 | +€186,154 | +1,367% |
| Taxes | 670/3 | €13,618 | €199,772 | +€186,154 | +1,367% |
| Profit (loss) for the period | 9904 | €13,161 | €267,917 | +€254,756 | +1,936% |
| Profit (loss) for the period to be appropriated | 9905 | €13,161 | €267,917 | +€254,756 | +1,936% |
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 23 October 2026 via checked.be.