SODILUXE: 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.
SODILUXE
Largest movements
- Tangible fixed assets +€612,737
up €612,737 (+21.3%), from €2.9m to €3.5m
of which Land and buildings: +€631,509
- Cash -€213,290
down €213,290 (-6.6%), from €3.3m to €3.0m
mainly Investment in fixed assets (net) (-€811,719) and Debts after one year (-€348,716)
- Receivables within one year -€160,551
down €160,551 (-12.9%), from €1.2m to €1.1m
of which Other amounts receivable: -€111,341
- Other debts +€784,800
up €784,800 (+94.4%), from €831,183 to €1.6m
- Debts after one year -€348,716
down €348,716 (-34.3%), from €1.0m to €668,246
of which Financial debts: -€348,716
- Trade debts -€313,615
down €313,615 (-50.9%), from €616,312 to €302,697
- Other operating charges +€314,946
up €314,946 (+191%), from €165,064 to €480,010
- Gross operating margin -€213,889
down €213,889 (-19.6%), from €1.1m to €876,646
- Taxes -€145,009
down €145,009 (-77.2%), from €187,923 to €42,914
- Depreciation +€49,980
up €49,980 (+32.9%), from €152,002 to €201,982
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 | €12,620,660 | €12,855,237 | +€234,578 | +1.9% |
| Fixed assets | 21/28 | €8,116,725 | €8,726,462 | +€609,737 | +7.5% |
| Tangible fixed assets | 22/27 | €2,876,792 | €3,489,529 | +€612,737 | +21.3% |
| Land and buildings | 22 | €2,696,375 | €3,327,885 | +€631,509 | +23.4% |
| Plant, machinery and equipment | 23 | €29,117 | €85,000 | +€55,883 | +192% |
| Furniture and vehicles | 24 | €15,000 | €15,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €136,300 | €61,644 | -€74,656 | -54.8% |
| Financial fixed assets | 28 | €5,239,933 | €5,236,933 | -€3,000 | -0.1% |
| Current assets | 29/58 | €4,503,934 | €4,128,776 | -€375,159 | -8.3% |
| Amounts receivable within one year | 40/41 | €1,247,593 | €1,087,042 | -€160,551 | -12.9% |
| Trade receivables | 40 | €62,893 | €13,683 | -€49,210 | -78.2% |
| Other amounts receivable | 41 | €1,184,700 | €1,073,359 | -€111,341 | -9.4% |
| Cash at bank and in hand | 54/58 | €3,255,024 | €3,041,734 | -€213,290 | -6.6% |
| Deferred charges and accrued income | 490/1 | €1,317 | - | -€1,317 | |
| Total equity and liabilities | 10/49 | €12,620,660 | €12,855,237 | +€234,578 | +1.9% |
| Equity | 10/15 | €8,190,438 | €8,317,411 | +€126,973 | +1.6% |
| Contributions | 10/11 | €5,620,000 | €5,620,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,620,000 | €5,620,000 | = | 0.0% |
| Other | 1109/19 | €5,620,000 | €5,620,000 | = | 0.0% |
| Reserves | 13 | €53,897 | €53,897 | = | 0.0% |
| Non-distributable reserves | 130/1 | €53,897 | €53,897 | = | 0.0% |
| Reserves not available under the articles | 1311 | €53,897 | €53,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,516,541 | €2,643,514 | +€126,973 | +5.0% |
| Provisions and deferred taxes | 16 | €1,534,868 | €1,534,868 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,534,868 | €1,534,868 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,534,868 | €1,534,868 | = | 0.0% |
| Amounts payable | 17/49 | €2,895,353 | €3,002,958 | +€107,605 | +3.7% |
| Amounts payable after more than one year | 17 | €1,016,962 | €668,246 | -€348,716 | -34.3% |
| Financial debts | 170/4 | €1,015,962 | €667,246 | -€348,716 | -34.3% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,878,391 | €2,317,880 | +€439,488 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €282,892 | €286,749 | +€3,857 | +1.4% |
| Financial debts | 43 | €110,381 | €112,451 | +€2,070 | +1.9% |
| Credit institutions | 430/8 | €110,381 | €112,451 | +€2,070 | +1.9% |
| Trade debts | 44 | €616,312 | €302,697 | -€313,615 | -50.9% |
| Suppliers | 440/4 | €616,312 | €302,697 | -€313,615 | -50.9% |
| Taxes, remuneration and social security | 45 | €37,624 | - | -€37,624 | |
| Taxes | 450/3 | €37,624 | - | -€37,624 | |
| Other amounts payable | 47/48 | €831,183 | €1,615,983 | +€784,800 | +94.4% |
| Accrued charges and deferred income | 492/3 | - | €16,833 | +€16,833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,002 | €201,982 | +€49,980 | +32.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,210 | - | +€1,210 | |
| Other operating charges | 640/8 | €165,064 | €480,010 | +€314,946 | +191% |
| Gross operating margin | 9900 | €1,090,536 | €876,646 | -€213,889 | -19.6% |
| Operating profit (loss) | 9901 | €774,679 | €194,654 | -€580,025 | -74.9% |
| Financial charges | 65/66B | €19,441 | €24,767 | +€5,326 | +27.4% |
| Recurring financial charges | 65 | €19,441 | €24,767 | +€5,326 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €755,238 | €169,887 | -€585,351 | -77.5% |
| Income taxes | 67/77 | €187,923 | €42,914 | -€145,009 | -77.2% |
| Profit (loss) for the period | 9904 | €567,315 | €126,973 | -€440,342 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €567,315 | €126,973 | -€440,342 | -77.6% |
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 28 October 2026 via checked.be.