SODINTEC FINANCES: what changed
What changed
SODINTEC FINANCES
filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €559,082+€629,933
Equity
€21.6m
2024 · €20.4m+€1.2m
Cash
€142,051
2024 · €82,625+€59,426
Balance sheet total
€31.6m
2024 · €31.7m-€104,088
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€1.2m
up €1.2m (+6.2%), from €19.1m to €20.2m
- Other debts -€1.1m
down €1.1m (-17.2%), from €6.3m to €5.2m
Income statement
- Financial charges -€813,819
down €813,819 (-75.0%), from €1.1m to €270,866
of which Non-recurring financial charges: -€817,447
- Financial income -€185,208
down €185,208 (-11.1%), from €1.7m to €1.5m
of which Non-recurring financial income: -€457,322
- Other operating charges -€2,556
down €2,556 (-16.9%), from €15,101 to €12,546
- Gross operating margin -€931
down €931 (-15.6%), from -€5,975 to -€6,906
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€559,082
Gross operating margin
-€931
Other operating charges
+€2,556
Other operating items
-€303
Financial income
-€185,208
Financial charges
+€813,819
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€263,519
Investment
+€4,147
Financing
-€208,240
Cash 2024
€82,625
From operations (derived)
+€263,519
Net result for the year
+€1.2m
Receivables within one year
+€157,375
Smaller working-capital items
-€919
Other debts
-€1.1m
Accrued charges and deferred income
-€6,415
Investment (derived)
+€4,147
Investment in fixed assets (net)
+€185,716
Current investments
-€181,569
Financing
-€208,240
Current portion of long-term debt
-€200,000
Short-term financial debts
+€2,719
Contributions, distributions and other
-€10,959
Cash 2025
€142,051
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,701,141 | €31,597,053 | -€104,088 | -0.3% |
| Fixed assets | 21/28 | €30,916,120 | €30,730,403 | -€185,716 | -0.6% |
| Financial fixed assets | 28 | €30,916,120 | €30,730,403 | -€185,716 | -0.6% |
| Current assets | 29/58 | €785,021 | €866,649 | +€81,628 | +10.4% |
| Amounts receivable within one year | 40/41 | €572,992 | €415,617 | -€157,375 | -27.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €572,992 | €415,617 | -€157,375 | -27.5% |
| Current investments | 50/53 | €114,148 | €295,718 | +€181,569 | +159% |
| Cash at bank and in hand | 54/58 | €82,625 | €142,051 | +€59,426 | +71.9% |
| Deferred charges and accrued income | 490/1 | €15,256 | €13,264 | -€1,992 | -13.1% |
| Total equity and liabilities | 10/49 | €31,701,141 | €31,597,053 | -€104,088 | -0.3% |
| Equity | 10/15 | €20,424,015 | €21,602,071 | +€1.2m | +5.8% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Revaluation surpluses | 12 | €453,281 | €442,322 | -€10,959 | -2.4% |
| Reserves | 13 | €112,000 | €112,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €80,000 | €80,000 | = | 0.0% |
| Distributable reserves | 133 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,058,734 | €20,247,749 | +€1.2m | +6.2% |
| Amounts payable | 17/49 | €11,277,126 | €9,994,982 | -€1.3m | -11.4% |
| Amounts payable after more than one year | 17 | €1,850,000 | €1,850,000 | = | 0.0% |
| Financial debts | 170/4 | €1,850,000 | €1,850,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,405,495 | €8,129,766 | -€1.3m | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €0 | -€200,000 | -100% |
| Financial debts | 43 | €2,930,106 | €2,932,825 | +€2,719 | +0.1% |
| Credit institutions | 430/8 | €2,930,106 | €2,932,825 | +€2,719 | +0.1% |
| Trade debts | 44 | €11,668 | €8,757 | -€2,911 | -24.9% |
| Suppliers | 440/4 | €11,668 | €8,757 | -€2,911 | -24.9% |
| Other amounts payable | 47/48 | €6,263,721 | €5,188,184 | -€1.1m | -17.2% |
| Accrued charges and deferred income | 492/3 | €21,631 | €15,216 | -€6,415 | -29.7% |
| Other operating charges | 640/8 | €15,101 | €12,546 | -€2,556 | -16.9% |
| Non-recurring operating charges | 66A | - | €303 | +€303 | |
| Gross operating margin | 9900 | -€5,975 | -€6,906 | -€931 | -15.6% |
| Operating profit (loss) | 9901 | -€21,077 | -€19,754 | +€1,322 | +6.3% |
| Financial income | 75/76B | €1,664,843 | €1,479,635 | -€185,208 | -11.1% |
| Recurring financial income | 75 | €1,030,514 | €1,302,628 | +€272,114 | +26.4% |
| Non-recurring financial income | 76B | €634,329 | €177,007 | -€457,322 | -72.1% |
| Financial charges | 65/66B | €1,084,684 | €270,866 | -€813,819 | -75.0% |
| Recurring financial charges | 65 | €185,892 | €189,521 | +€3,629 | +2.0% |
| Non-recurring financial charges | 66B | €898,792 | €81,344 | -€817,447 | -90.9% |
| Profit (loss) for the period before taxes | 9903 | €559,082 | €1,189,015 | +€629,933 | +113% |
| Profit (loss) for the period | 9904 | €559,082 | €1,189,015 | +€629,933 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €559,082 | €1,189,015 | +€629,933 | +113% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.