SODIPARTS: 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.
SODIPARTS
Largest movements
- Cash -€111,760
down €111,760 (-82.4%), from €135,685 to €23,926
mainly Short-term financial debts (-€100,000) and Trade debts (-€93,205)
- Stocks and contracts -€64,699
down €64,699 (-18.1%), from €357,554 to €292,855
- Receivables within one year +€62,981
up €62,981 (+27.2%), from €231,964 to €294,946
of which Trade receivables: +€81,967
- Tangible fixed assets -€26,088
down €26,088 (-10.1%), from €259,447 to €233,359
of which Furniture and vehicles: -€27,799
- Short-term financial debts -€100,000
down €100,000 (-52.6%), from €190,000 to €90,000
- Trade debts -€93,205
down €93,205 (-28.2%), from €330,380 to €237,176
- Tax, wage and social debts +€33,259
up €33,259 (+76.9%), from €43,276 to €76,535
of which Remuneration and social security: +€18,448
- Current portion of long-term debt +€29,692
up €29,692 (+88.6%), from €33,512 to €63,204
- Debts after one year -€15,816
down €15,816 (-20.3%), from €77,879 to €62,063
- Gross operating margin +€35,897
up €35,897 (+10.7%), from €336,302 to €372,199
- Staff costs +€10,045
up €10,045 (+3.6%), from €279,528 to €289,572
- Taxes -€9,211
down €9,211 (-70.0%), from €13,157 to €3,946
- Depreciation +€5,539
up €5,539 (+11.9%), from €46,478 to €52,017
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 | €987,748 | €846,218 | -€141,530 | -14.3% |
| Fixed assets | 21/28 | €259,447 | €233,359 | -€26,088 | -10.1% |
| Tangible fixed assets | 22/27 | €259,447 | €233,359 | -€26,088 | -10.1% |
| Land and buildings | 22 | €166,543 | €151,970 | -€14,573 | -8.8% |
| Plant, machinery and equipment | 23 | €1,796 | €18,346 | +€16,550 | +921% |
| Furniture and vehicles | 24 | €90,287 | €62,487 | -€27,799 | -30.8% |
| Other tangible fixed assets | 26 | €821 | €555 | -€266 | -32.4% |
| Current assets | 29/58 | €728,301 | €612,859 | -€115,442 | -15.9% |
| Stocks and contracts in progress | 3 | €357,554 | €292,855 | -€64,699 | -18.1% |
| Stocks | 30/36 | €357,554 | €292,855 | -€64,699 | -18.1% |
| Amounts receivable within one year | 40/41 | €231,964 | €294,946 | +€62,981 | +27.2% |
| Trade receivables | 40 | €186,667 | €268,635 | +€81,967 | +43.9% |
| Other amounts receivable | 41 | €45,297 | €26,311 | -€18,986 | -41.9% |
| Current investments | 50/53 | €1,126 | €1,132 | +€6 | +0.5% |
| Cash at bank and in hand | 54/58 | €135,685 | €23,926 | -€111,760 | -82.4% |
| Deferred charges and accrued income | 490/1 | €1,971 | - | -€1,971 | |
| Total equity and liabilities | 10/49 | €987,748 | €846,218 | -€141,530 | -14.3% |
| Equity | 10/15 | €312,031 | €316,693 | +€4,662 | +1.5% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | - | -€24,789 | |
| Issued capital | 100 | €24,789 | - | -€24,789 | |
| Revaluation surpluses | 12 | €117,208 | €117,208 | = | 0.0% |
| Reserves | 13 | €192,479 | €192,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €147,479 | €147,479 | = | 0.0% |
| Legal reserve | 130 | €2,479 | - | -€2,479 | |
| Reserves not available under the articles | 1311 | €145,000 | €147,479 | +€2,479 | +1.7% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,959 | -€17,806 | +€5,153 | +22.4% |
| Investment grants | 15 | €514 | €22 | -€492 | -95.7% |
| Provisions and deferred taxes | 16 | €669 | €548 | -€122 | -18.2% |
| Deferred taxes | 168 | €669 | €548 | -€122 | -18.2% |
| Amounts payable | 17/49 | €675,048 | €528,977 | -€146,071 | -21.6% |
| Amounts payable after more than one year | 17 | €77,879 | €62,063 | -€15,816 | -20.3% |
| Financial debts | 170/4 | €77,879 | €62,063 | -€15,816 | -20.3% |
| Amounts payable within one year | 42/48 | €597,169 | €466,915 | -€130,254 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €33,512 | €63,204 | +€29,692 | +88.6% |
| Financial debts | 43 | €190,000 | €90,000 | -€100,000 | -52.6% |
| Credit institutions | 430/8 | €190,000 | €90,000 | -€100,000 | -52.6% |
| Trade debts | 44 | €330,380 | €237,176 | -€93,205 | -28.2% |
| Suppliers | 440/4 | €330,380 | €237,176 | -€93,205 | -28.2% |
| Taxes, remuneration and social security | 45 | €43,276 | €76,535 | +€33,259 | +76.9% |
| Taxes | 450/3 | €12,073 | €26,884 | +€14,811 | +123% |
| Remuneration and social security | 454/9 | €31,204 | €49,652 | +€18,448 | +59.1% |
| Non-recurring operating income | 76A | €3,035 | - | -€3,035 | |
| Remuneration, social security and pensions | 62 | €279,528 | €289,572 | +€10,045 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,478 | €52,017 | +€5,539 | +11.9% |
| Other operating charges | 640/8 | €4,717 | €5,405 | +€688 | +14.6% |
| Non-recurring operating charges | 66A | €730 | €531 | -€198 | -27.2% |
| Gross operating margin | 9900 | €336,302 | €372,199 | +€35,897 | +10.7% |
| Operating profit (loss) | 9901 | €4,850 | €24,673 | +€19,823 | +409% |
| Financial income | 75/76B | €3,915 | €1,600 | -€2,315 | -59.1% |
| Recurring financial income | 75 | €3,915 | €1,600 | -€2,315 | -59.1% |
| Financial charges | 65/66B | €15,956 | €17,295 | +€1,339 | +8.4% |
| Recurring financial charges | 65 | €15,956 | €17,295 | +€1,339 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,191 | €8,978 | +€16,169 | |
| Transfer from deferred taxes | 780 | €122 | €122 | = | 0.0% |
| Income taxes | 67/77 | €13,157 | €3,946 | -€9,211 | -70.0% |
| Profit (loss) for the period | 9904 | -€20,227 | €5,153 | +€25,380 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,227 | €5,153 | +€25,380 |
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.