SODOJA: 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.
SODOJA
Largest movements
- Receivables after one year +€22,700
up €22,700 (+8.1%), from €281,095 to €303,795
- Tangible fixed assets -€6,164
down €6,164 (-6.5%), from €95,271 to €89,107
- Debts after one year -€29,473
down €29,473 (-45.9%), from €64,248 to €34,775
of which Financial debts: -€29,473
- Profit (loss) carried forward +€28,108
up €28,108 (+38.5%), from -€73,086 to -€44,978
- Other debts +€18,450
up €18,450 (+9.2%), from €200,424 to €218,874
- Depreciation -€8,467
down €8,467 (-57.9%), from €14,631 to €6,164
- Financial charges -€5,687
down €5,687 (-76.5%), from €7,437 to €1,751
- Gross operating margin -€4,345
down €4,345 (-9.8%), from €44,403 to €40,058
- Other operating charges +€528
up €528 (+6.4%), from €8,207 to €8,735
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 | €378,157 | €393,463 | +€15,306 | +4.0% |
| Fixed assets | 21/28 | €95,271 | €89,107 | -€6,164 | -6.5% |
| Tangible fixed assets | 22/27 | €95,271 | €89,107 | -€6,164 | -6.5% |
| Land and buildings | 22 | €95,271 | €89,107 | -€6,164 | -6.5% |
| Current assets | 29/58 | €282,886 | €304,356 | +€21,470 | +7.6% |
| Amounts receivable after more than one year | 29 | €281,095 | €303,795 | +€22,700 | +8.1% |
| Other amounts receivable | 291 | €281,095 | €303,795 | +€22,700 | +8.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,791 | €562 | -€1,229 | -68.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €378,157 | €393,463 | +€15,306 | +4.0% |
| Equity | 10/15 | €80,542 | €108,650 | +€28,108 | +34.9% |
| Contributions | 10/11 | €133,863 | €133,863 | = | 0.0% |
| Capital | 10 | €133,863 | €133,863 | = | 0.0% |
| Issued capital | 100 | €133,863 | €133,863 | = | 0.0% |
| Reserves | 13 | €19,765 | €19,765 | = | 0.0% |
| Distributable reserves | 133 | €19,765 | €19,765 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,086 | -€44,978 | +€28,108 | +38.5% |
| Amounts payable | 17/49 | €297,615 | €284,813 | -€12,802 | -4.3% |
| Amounts payable after more than one year | 17 | €64,248 | €34,775 | -€29,473 | -45.9% |
| Financial debts | 170/4 | €59,414 | €29,941 | -€29,473 | -49.6% |
| Other amounts payable | 178/9 | €4,834 | €4,834 | = | 0.0% |
| Amounts payable within one year | 42/48 | €233,367 | €250,038 | +€16,671 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €29,011 | €29,473 | +€461 | +1.6% |
| Trade debts | 44 | €3,932 | €1,692 | -€2,241 | -57.0% |
| Suppliers | 440/4 | €3,932 | €1,692 | -€2,241 | -57.0% |
| Other amounts payable | 47/48 | €200,424 | €218,874 | +€18,450 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,631 | €6,164 | -€8,467 | -57.9% |
| Other operating charges | 640/8 | €8,207 | €8,735 | +€528 | +6.4% |
| Gross operating margin | 9900 | €44,403 | €40,058 | -€4,345 | -9.8% |
| Operating profit (loss) | 9901 | €21,564 | €25,159 | +€3,595 | +16.7% |
| Financial income | 75/76B | €4,305 | €4,700 | +€394 | +9.2% |
| Recurring financial income | 75 | €4,305 | €4,700 | +€394 | +9.2% |
| Financial charges | 65/66B | €7,437 | €1,751 | -€5,687 | -76.5% |
| Recurring financial charges | 65 | €7,437 | €1,751 | -€5,687 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €18,432 | €28,108 | +€9,676 | +52.5% |
| Profit (loss) for the period | 9904 | €18,432 | €28,108 | +€9,676 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,432 | €28,108 | +€9,676 | +52.5% |
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.