Sodini 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.
Sodini Management
Largest movements
- Cash +€27,464
up €27,464 (+53.6%), from €51,199 to €78,663
mainly Net result for the year (+€56,540) and Depreciation (+€15,379)
- Receivables after one year +€19,966
up €19,966 (+54.0%), from €36,971 to €56,937
of which Other amounts receivable: +€19,966
- Receivables within one year +€18,998
up €18,998 (+35.0%), from €54,240 to €73,238
of which Other amounts receivable: +€18,998
- Tangible fixed assets -€15,379
down €15,379 (-27.7%), from €55,580 to €40,202
of which Leasing and similar rights: -€12,005
- Reserves +€56,540
up €56,540 (+38.8%), from €145,856 to €202,397
- Debts after one year -€12,564
down €12,564 (-59.3%), from €21,188 to €8,624
- Tax, wage and social debts +€12,405
up €12,405 (+140%), from €8,844 to €21,249
- Gross operating margin +€36,813
up €36,813 (+63.9%), from €57,654 to €94,467
- Taxes +€7,587
up €7,587 (+54.2%), from €13,996 to €21,583
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 | €199,207 | €251,527 | +€52,319 | +26.3% |
| Fixed assets | 21/28 | €55,580 | €40,202 | -€15,379 | -27.7% |
| Tangible fixed assets | 22/27 | €55,580 | €40,202 | -€15,379 | -27.7% |
| Plant, machinery and equipment | 23 | €21,171 | €18,119 | -€3,052 | -14.4% |
| Furniture and vehicles | 24 | €2,012 | €1,690 | -€322 | -16.0% |
| Leasing and similar rights | 25 | €32,398 | €20,392 | -€12,005 | -37.1% |
| Current assets | 29/58 | €143,627 | €211,325 | +€67,698 | +47.1% |
| Amounts receivable after more than one year | 29 | €36,971 | €56,937 | +€19,966 | +54.0% |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | €36,971 | €56,937 | +€19,966 | +54.0% |
| Amounts receivable within one year | 40/41 | €54,240 | €73,238 | +€18,998 | +35.0% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | €42,140 | €61,138 | +€18,998 | +45.1% |
| Cash at bank and in hand | 54/58 | €51,199 | €78,663 | +€27,464 | +53.6% |
| Deferred charges and accrued income | 490/1 | €1,216 | €2,487 | +€1,270 | +104% |
| Total equity and liabilities | 10/49 | €199,207 | €251,527 | +€52,319 | +26.3% |
| Equity | 10/15 | €152,056 | €208,597 | +€56,540 | +37.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €145,856 | €202,397 | +€56,540 | +38.8% |
| Distributable reserves | 133 | €145,856 | €202,397 | +€56,540 | +38.8% |
| Amounts payable | 17/49 | €47,151 | €42,930 | -€4,221 | -9.0% |
| Amounts payable after more than one year | 17 | €21,188 | €8,624 | -€12,564 | -59.3% |
| Financial debts | 170/4 | €21,188 | €8,624 | -€12,564 | -59.3% |
| Amounts payable within one year | 42/48 | €23,540 | €34,306 | +€10,766 | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €12,131 | €12,564 | +€433 | +3.6% |
| Trade debts | 44 | €2,564 | €492 | -€2,072 | -80.8% |
| Suppliers | 440/4 | €2,564 | €492 | -€2,072 | -80.8% |
| Taxes, remuneration and social security | 45 | €8,844 | €21,249 | +€12,405 | +140% |
| Taxes | 450/3 | €8,844 | €21,249 | +€12,405 | +140% |
| Accrued charges and deferred income | 492/3 | €2,423 | €0 | -€2,423 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,379 | €15,379 | = | 0.0% |
| Other operating charges | 640/8 | €2,050 | €2,158 | +€108 | +5.3% |
| Gross operating margin | 9900 | €57,654 | €94,467 | +€36,813 | +63.9% |
| Operating profit (loss) | 9901 | €40,226 | €76,931 | +€36,705 | +91.2% |
| Financial income | 75/76B | €1,592 | €2,530 | +€939 | +59.0% |
| Recurring financial income | 75 | €1,592 | €2,530 | +€939 | +59.0% |
| Financial charges | 65/66B | €2,133 | €1,338 | -€795 | -37.3% |
| Recurring financial charges | 65 | €2,133 | €1,338 | -€795 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €39,685 | €78,124 | +€38,439 | +96.9% |
| Income taxes | 67/77 | €13,996 | €21,583 | +€7,587 | +54.2% |
| Profit (loss) for the period | 9904 | €25,689 | €56,540 | +€30,851 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €25,689 | €56,540 | +€30,851 | +120% |
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.