SODIVIN: 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.
SODIVIN
Largest movements
- Tangible fixed assets -€50,385
down €50,385 (-84.9%), from €59,351 to €8,966
of which Leasing and similar rights: -€49,361
- Receivables within one year -€29,754
down €29,754 (-68.0%), from €43,761 to €14,006
of which Trade receivables: -€30,444
- Cash +€15,971
up €15,971 (+211%), from €7,571 to €23,542
mainly Investment in fixed assets (net) (+€49,944) and Receivables within one year (+€29,754)
- Deferred charges and accrued income -€1,544
down €1,544 (-83.6%), from €1,847 to €303
- Debts after one year -€40,410
no longer reported in 2025 (was €40,410)
- Current portion of long-term debt -€18,782
no longer reported in 2025 (was €18,782)
- Tax, wage and social debts -€3,969
no longer reported in 2025 (was €3,969)
of which Remuneration and social security: -€2,200
- Reserves -€2,900
down €2,900 (-9.1%), from €31,737 to €28,837
of which Distributable reserves: -€2,900
- Gross operating margin -€37,231
down €37,231 (-72.6%), from €51,272 to €14,041
- Staff costs -€28,682
no longer reported in 2025 (was €28,682)
- Depreciation -€17,524
down €17,524 (-97.5%), from €17,965 to €440
- Financial charges -€1,117
down €1,117 (-38.8%), from €2,881 to €1,764
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 | €115,479 | €49,767 | -€65,713 | -56.9% |
| Fixed assets | 21/28 | €62,301 | €11,916 | -€50,385 | -80.9% |
| Tangible fixed assets | 22/27 | €59,351 | €8,966 | -€50,385 | -84.9% |
| Land and buildings | 22 | - | €4,166 | +€4,166 | |
| Furniture and vehicles | 24 | €9,990 | €4,800 | -€5,190 | -52.0% |
| Leasing and similar rights | 25 | €49,361 | - | -€49,361 | |
| Financial fixed assets | 28 | €2,950 | €2,950 | = | 0.0% |
| Current assets | 29/58 | €53,179 | €37,851 | -€15,328 | -28.8% |
| Amounts receivable within one year | 40/41 | €43,761 | €14,006 | -€29,754 | -68.0% |
| Trade receivables | 40 | €43,759 | €13,316 | -€30,444 | -69.6% |
| Other amounts receivable | 41 | €1 | €691 | +€689 | +56,040% |
| Cash at bank and in hand | 54/58 | €7,571 | €23,542 | +€15,971 | +211% |
| Deferred charges and accrued income | 490/1 | €1,847 | €303 | -€1,544 | -83.6% |
| Total equity and liabilities | 10/49 | €115,479 | €49,767 | -€65,713 | -56.9% |
| Equity | 10/15 | €50,287 | €47,387 | -€2,900 | -5.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €31,737 | €28,837 | -€2,900 | -9.1% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €31,587 | €28,687 | -€2,900 | -9.2% |
| Amounts payable | 17/49 | €65,193 | €2,380 | -€62,813 | -96.3% |
| Amounts payable after more than one year | 17 | €40,410 | - | -€40,410 | |
| Financial debts | 170/4 | €40,410 | - | -€40,410 | |
| Amounts payable within one year | 42/48 | €24,783 | €2,380 | -€22,403 | -90.4% |
| Current portion of amounts payable after more than one year | 42 | €18,782 | - | -€18,782 | |
| Trade debts | 44 | €788 | €680 | -€107 | -13.6% |
| Suppliers | 440/4 | €788 | €680 | -€107 | -13.6% |
| Taxes, remuneration and social security | 45 | €3,969 | - | -€3,969 | |
| Taxes | 450/3 | €1,769 | - | -€1,769 | |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €1,243 | €1,700 | +€456 | +36.7% |
| Remuneration, social security and pensions | 62 | €28,682 | - | -€28,682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,965 | €440 | -€17,524 | -97.5% |
| Other operating charges | 640/8 | €865 | €871 | +€6 | +0.6% |
| Non-recurring operating charges | 66A | - | €13,866 | +€13,866 | |
| Gross operating margin | 9900 | €51,272 | €14,041 | -€37,231 | -72.6% |
| Operating profit (loss) | 9901 | €3,760 | -€1,136 | -€4,896 | |
| Financial income | 75/76B | €217 | - | -€217 | |
| Recurring financial income | 75 | €217 | - | -€217 | |
| Financial charges | 65/66B | €2,881 | €1,764 | -€1,117 | -38.8% |
| Recurring financial charges | 65 | €2,881 | €1,764 | -€1,117 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €1,096 | -€2,900 | -€3,996 | |
| Income taxes | 67/77 | €355 | - | -€355 | |
| Profit (loss) for the period | 9904 | €741 | -€2,900 | -€3,641 | |
| Profit (loss) for the period to be appropriated | 9905 | €741 | -€2,900 | -€3,641 |
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 17 October 2026 via checked.be.