SODIAP: 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
SODIAP
NACE 47.730, Retail sale of pharmaceutical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€411,580
2024 · €136,567+€275,013
Equity
€33.0m
2024 · €32.6m+€411,580
Cash
€5.2m
2024 · €4.1m+€1.1m
Balance sheet total
€80.5m
2024 · €79.8m+€637,479
Largest movements
Assets
- Cash +€1.1m
up €1.1m (+26.5%), from €4.1m to €5.2m
mainly Debts after one year (+€2.9m) and Current portion of long-term debt (+€765,590)
Equity and liabilities
- Other debts -€3.3m
down €3.3m (-10.9%), from €30.0m to €26.7m
- Debts after one year +€2.9m
up €2.9m (+17.4%), from €16.5m to €19.3m
of which Financial debts: +€2.9m
Income statement
- Financial charges -€659,960
down €659,960 (-34.2%), from €1.9m to €1.3m
- Turnover -€218,629
down €218,629 (-3.9%), from €5.6m to €5.3m
- Services and other goods +€108,458
up €108,458 (+7.1%), from €1.5m to €1.6m
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
€136,567
Turnover
-€218,629
Other operating income
+€13,517
Services and other goods
-€108,458
Staff costs
-€48,226
Depreciation
-€10,185
Other operating charges
+€604
Other operating items
-€5,777
Financial income
-€54,455
Financial charges
+€659,960
Taxes
+€46,662
Result 2025
€411,580
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
-€2.4m
Investment
-€105,114
Financing
+€3.6m
Cash 2024
€4.1m
From operations (derived)
-€2.4m
Net result for the year
+€411,580
Depreciation
+€434,125
Receivables within one year
+€128,798
Trade debts
-€73,373
Tax, wage and social debts
-€46,159
Other debts
-€3.3m
Investment (derived)
-€105,114
Investment in fixed assets (net)
-€105,114
Financing
+€3.6m
Debts after one year
+€2.9m
Current portion of long-term debt
+€765,590
Cash 2025
€5.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,847,497 | €80,484,976 | +€637,479 | +0.8% |
| Fixed assets | 21/28 | €65,502,287 | €65,173,275 | -€329,012 | -0.5% |
| Tangible fixed assets | 22/27 | €1,496,763 | €1,167,751 | -€329,012 | -22.0% |
| Land and buildings | 22 | €25,367 | €23,363 | -€2,004 | -7.9% |
| Furniture and vehicles | 24 | €1,471,397 | €1,144,388 | -€327,008 | -22.2% |
| Financial fixed assets | 28 | €64,005,524 | €64,005,524 | = | 0.0% |
| Affiliated companies | 280/1 | €64,005,524 | €64,005,524 | = | 0.0% |
| Participating interests | 280 | €64,005,524 | €64,005,524 | = | 0.0% |
| Current assets | 29/58 | €14,345,210 | €15,311,701 | +€966,490 | +6.7% |
| Amounts receivable within one year | 40/41 | €10,216,502 | €10,087,703 | -€128,798 | -1.3% |
| Trade receivables | 40 | €2,370,138 | €1,744,133 | -€626,005 | -26.4% |
| Other amounts receivable | 41 | €7,846,363 | €8,343,570 | +€497,207 | +6.3% |
| Cash at bank and in hand | 54/58 | €4,128,709 | €5,223,997 | +€1.1m | +26.5% |
| Total equity and liabilities | 10/49 | €79,847,497 | €80,484,976 | +€637,479 | +0.8% |
| Equity | 10/15 | €32,608,411 | €33,019,991 | +€411,580 | +1.3% |
| Contributions | 10/11 | €11,105,318 | €11,105,318 | = | 0.0% |
| Reserves | 13 | €21,503,093 | €21,914,672 | +€411,580 | +1.9% |
| Non-distributable reserves | 130/1 | €1,738 | €1,738 | = | 0.0% |
| Other | 1319 | €1,738 | €1,738 | = | 0.0% |
| Tax-exempt reserves | 132 | €155,856 | €155,856 | = | 0.0% |
| Distributable reserves | 133 | €21,345,499 | €21,757,079 | +€411,580 | +1.9% |
| Amounts payable | 17/49 | €47,239,086 | €47,464,985 | +€225,899 | +0.5% |
| Amounts payable after more than one year | 17 | €16,455,503 | €19,315,471 | +€2.9m | +17.4% |
| Financial debts | 170/4 | - | €2,859,968 | +€2.9m | |
| Credit institutions | 173 | - | €2,859,968 | +€2.9m | |
| Other amounts payable | 178/9 | €16,455,503 | €16,455,503 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,783,583 | €28,149,514 | -€2.6m | -8.6% |
| Current portion of amounts payable after more than one year | 42 | - | €765,590 | +€765,590 | |
| Trade debts | 44 | €161,335 | €87,962 | -€73,373 | -45.5% |
| Suppliers | 440/4 | €161,335 | €87,962 | -€73,373 | -45.5% |
| Taxes, remuneration and social security | 45 | €660,272 | €614,113 | -€46,159 | -7.0% |
| Taxes | 450/3 | €403,941 | €352,704 | -€51,238 | -12.7% |
| Remuneration and social security | 454/9 | €256,330 | €261,409 | +€5,079 | +2.0% |
| Other amounts payable | 47/48 | €29,961,977 | €26,681,849 | -€3.3m | -10.9% |
| Operating income | 70/76A | €6,518,984 | €6,312,309 | -€206,675 | -3.2% |
| Turnover | 70 | €5,567,798 | €5,349,170 | -€218,629 | -3.9% |
| Other operating income | 74 | €941,189 | €954,706 | +€13,517 | +1.4% |
| Non-recurring operating income | 76A | €9,996 | €8,433 | -€1,563 | -15.6% |
| Operating charges | 60/66A | €4,468,835 | €4,639,314 | +€170,480 | +3.8% |
| Services and other goods | 61 | €1,525,252 | €1,633,710 | +€108,458 | +7.1% |
| Remuneration, social security and pensions | 62 | €2,499,058 | €2,547,284 | +€48,226 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423,940 | €434,125 | +€10,185 | +2.4% |
| Other operating charges | 640/8 | €20,584 | €19,980 | -€604 | -2.9% |
| Non-recurring operating charges | 66A | - | €4,214 | +€4,214 | |
| Operating profit (loss) | 9901 | €2,050,149 | €1,672,995 | -€377,154 | -18.4% |
| Financial income | 75/76B | €166,693 | €112,238 | -€54,455 | -32.7% |
| Recurring financial income | 75 | €166,693 | €112,238 | -€54,455 | -32.7% |
| Income from current assets | 751 | €166,693 | €112,238 | -€54,455 | -32.7% |
| Other financial income | 752/9 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €1,928,243 | €1,268,282 | -€659,960 | -34.2% |
| Recurring financial charges | 65 | €1,928,243 | €1,268,282 | -€659,960 | -34.2% |
| Debt charges | 650 | €1,926,262 | €1,266,190 | -€660,072 | -34.3% |
| Other financial charges | 652/9 | €1,981 | €2,092 | +€111 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €288,599 | €516,951 | +€228,351 | +79.1% |
| Income taxes | 67/77 | €152,033 | €105,371 | -€46,662 | -30.7% |
| Taxes | 670/3 | €152,815 | €105,371 | -€47,444 | -31.0% |
| Tax adjustments and reversals of tax provisions | 77 | €782 | - | -€782 | |
| Profit (loss) for the period | 9904 | €136,567 | €411,580 | +€275,013 | +201% |
| Profit (loss) for the period to be appropriated | 9905 | €136,567 | €411,580 | +€275,013 | +201% |
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 14 October 2026 via checked.be.