SODISER: 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.
SODISER
Largest movements
- Receivables within one year +€34,594
up €34,594 (+25.2%), from €137,204 to €171,798
of which Other amounts receivable: +€19,975
- Intangible fixed assets -€7,055
down €7,055 (-22.5%), from €31,383 to €24,328
- Other debts +€14,300
up €14,300 (+1,092%), from €1,310 to €15,610
- Current portion of long-term debt +€10,170
up €10,170 (+10.6%), from €96,230 to €106,400
- Gross operating margin +€15,386
up €15,386, from -€3,927 to €11,459
- Financial charges +€2,586
up €2,586 (+1,136%), from €228 to €2,813
- Other operating charges -€1,300
down €1,300 (-62.3%), from €2,087 to €787
- Depreciation -€867
down €867 (-10.3%), from €8,449 to €7,582
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 | €182,300 | €207,918 | +€25,618 | +14.1% |
| Fixed assets | 21/28 | €43,569 | €35,987 | -€7,582 | -17.4% |
| Intangible fixed assets | 21 | €31,383 | €24,328 | -€7,055 | -22.5% |
| Tangible fixed assets | 22/27 | €2,002 | €1,475 | -€527 | -26.3% |
| Plant, machinery and equipment | 23 | €2,002 | €1,475 | -€527 | -26.3% |
| Financial fixed assets | 28 | €10,184 | €10,184 | = | 0.0% |
| Current assets | 29/58 | €138,731 | €171,931 | +€33,200 | +23.9% |
| Amounts receivable within one year | 40/41 | €137,204 | €171,798 | +€34,594 | +25.2% |
| Trade receivables | 40 | €25,534 | €40,152 | +€14,619 | +57.3% |
| Other amounts receivable | 41 | €111,671 | €131,646 | +€19,975 | +17.9% |
| Cash at bank and in hand | 54/58 | €328 | €133 | -€196 | -59.6% |
| Deferred charges and accrued income | 490/1 | €1,199 | - | -€1,199 | |
| Total equity and liabilities | 10/49 | €182,300 | €207,918 | +€25,618 | +14.1% |
| Equity | 10/15 | €45,334 | €45,610 | +€277 | +0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,334 | €23,610 | +€277 | +1.2% |
| Amounts payable | 17/49 | €136,966 | €162,308 | +€25,341 | +18.5% |
| Amounts payable within one year | 42/48 | €136,966 | €162,308 | +€25,341 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €96,230 | €106,400 | +€10,170 | +10.6% |
| Trade debts | 44 | €37,906 | €37,202 | -€704 | -1.9% |
| Suppliers | 440/4 | €37,906 | €37,202 | -€704 | -1.9% |
| Taxes, remuneration and social security | 45 | €1,521 | €3,096 | +€1,575 | +104% |
| Taxes | 450/3 | €1,521 | €3,096 | +€1,575 | +104% |
| Other amounts payable | 47/48 | €1,310 | €15,610 | +€14,300 | +1,092% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,449 | €7,582 | -€867 | -10.3% |
| Other operating charges | 640/8 | €2,087 | €787 | -€1,300 | -62.3% |
| Gross operating margin | 9900 | -€3,927 | €11,459 | +€15,386 | |
| Operating profit (loss) | 9901 | -€14,464 | €3,090 | +€17,554 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €228 | €2,813 | +€2,586 | +1,136% |
| Recurring financial charges | 65 | €228 | €2,813 | +€2,586 | +1,136% |
| Profit (loss) for the period before taxes | 9903 | -€14,691 | €277 | +€14,967 | |
| Profit (loss) for the period | 9904 | -€14,691 | €277 | +€14,967 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,691 | €277 | +€14,967 |
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 31 October 2026 via checked.be.