SODOS: 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.
SODOS
Largest movements
- Tangible fixed assets +€750,480
up €750,480 (+14.1%), from €5.3m to €6.1m
of which Land and buildings: +€751,534
- Cash -€132,726
down €132,726 (-78.3%), from €169,503 to €36,777
mainly Investment in fixed assets (net) (-€989,760) and Net result for the year (-€135,648)
- Other debts +€777,042
up €777,042 (+19.5%), from €4.0m to €4.8m
- Profit (loss) carried forward -€127,877
down €127,877 (-44.1%), from -€290,006 to -€417,883
- Gross operating margin -€131,100
down €131,100 (-56.6%), from €231,450 to €100,350
- Financial charges -€60,856
down €60,856 (-99.7%), from €61,031 to €175
- Other operating charges -€49,029
down €49,029 (-82.0%), from €59,799 to €10,770
- Taxes -€21,779
down €21,779 (-98.1%), from €22,208 to €429
- Financial income -€12,161
down €12,161 (-50.2%), from €24,226 to €12,065
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.
Cash bridge derived
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 | €5,962,137 | €6,578,592 | +€616,455 | +10.3% |
| Fixed assets | 21/28 | €5,338,995 | €6,089,474 | +€750,480 | +14.1% |
| Tangible fixed assets | 22/27 | €5,338,995 | €6,089,474 | +€750,480 | +14.1% |
| Land and buildings | 22 | €5,332,358 | €6,083,892 | +€751,534 | +14.1% |
| Plant, machinery and equipment | 23 | €3,500 | €3,079 | -€421 | -12.0% |
| Furniture and vehicles | 24 | €3,137 | €2,504 | -€633 | -20.2% |
| Current assets | 29/58 | €623,143 | €489,118 | -€134,025 | -21.5% |
| Amounts receivable within one year | 40/41 | €437,149 | €449,533 | +€12,384 | +2.8% |
| Trade receivables | 40 | €39,756 | €41,045 | +€1,289 | +3.2% |
| Other amounts receivable | 41 | €397,393 | €408,488 | +€11,095 | +2.8% |
| Cash at bank and in hand | 54/58 | €169,503 | €36,777 | -€132,726 | -78.3% |
| Deferred charges and accrued income | 490/1 | €16,491 | €2,808 | -€13,683 | -83.0% |
| Total equity and liabilities | 10/49 | €5,962,137 | €6,578,592 | +€616,455 | +10.3% |
| Equity | 10/15 | €649,476 | €513,827 | -€135,648 | -20.9% |
| Contributions | 10/11 | €112,400 | €112,400 | = | 0.0% |
| Reserves | 13 | €827,081 | €819,310 | -€7,771 | -0.9% |
| Non-distributable reserves | 130/1 | €623,295 | €623,295 | = | 0.0% |
| Reserves not available under the articles | 1311 | €623,295 | €623,295 | = | 0.0% |
| Tax-exempt reserves | 132 | €203,786 | €196,015 | -€7,771 | -3.8% |
| Profit (loss) carried forward | 14 | -€290,006 | -€417,883 | -€127,877 | -44.1% |
| Provisions and deferred taxes | 16 | €67,929 | €65,338 | -€2,590 | -3.8% |
| Deferred taxes | 168 | €67,929 | €65,338 | -€2,590 | -3.8% |
| Amounts payable | 17/49 | €5,244,733 | €5,999,427 | +€754,694 | +14.4% |
| Amounts payable after more than one year | 17 | €1,220,000 | €1,220,000 | = | 0.0% |
| Financial debts | 170/4 | €1,220,000 | €1,220,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,024,733 | €4,779,427 | +€754,694 | +18.8% |
| Financial debts | 43 | €10,564 | €0 | -€10,564 | -100.0% |
| Credit institutions | 430/8 | €10,564 | €0 | -€10,564 | -100.0% |
| Trade debts | 44 | €22,752 | €14,522 | -€8,230 | -36.2% |
| Suppliers | 440/4 | €22,752 | €14,522 | -€8,230 | -36.2% |
| Taxes, remuneration and social security | 45 | €14,237 | €10,683 | -€3,554 | -25.0% |
| Taxes | 450/3 | €14,237 | €10,683 | -€3,554 | -25.0% |
| Other amounts payable | 47/48 | €3,977,180 | €4,754,222 | +€777,042 | +19.5% |
| Non-recurring operating income | 76A | €119,400 | €0 | -€119,400 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €244,904 | €239,280 | -€5,624 | -2.3% |
| Other operating charges | 640/8 | €59,799 | €10,770 | -€49,029 | -82.0% |
| Gross operating margin | 9900 | €231,450 | €100,350 | -€131,100 | -56.6% |
| Operating profit (loss) | 9901 | -€73,253 | -€149,700 | -€76,447 | -104.4% |
| Financial income | 75/76B | €24,226 | €12,065 | -€12,161 | -50.2% |
| Recurring financial income | 75 | €24,226 | €12,065 | -€12,161 | -50.2% |
| Financial charges | 65/66B | €61,031 | €175 | -€60,856 | -99.7% |
| Recurring financial charges | 65 | €61,031 | €175 | -€60,856 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | -€110,058 | -€137,810 | -€27,752 | -25.2% |
| Transfer from deferred taxes | 780 | €2,590 | €2,590 | = | 0.0% |
| Income taxes | 67/77 | €22,208 | €429 | -€21,779 | -98.1% |
| Profit (loss) for the period | 9904 | -€129,675 | -€135,648 | -€5,973 | -4.6% |
| Transfer from tax-exempt reserves | 789 | €7,771 | €7,771 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,904 | -€127,877 | -€5,973 | -4.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.