SODYUM: 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.
SODYUM
Largest movements
- Cash -€12,059
down €12,059 (-59.6%), from €20,245 to €8,186
mainly Net result for the year (-€54,057) and Investment in fixed assets (net) (-€22,511)
- Receivables within one year -€10,286
down €10,286 (-61.8%), from €16,641 to €6,355
of which Trade receivables: -€10,406
- Tangible fixed assets -€1,484
down €1,484 (-2.6%), from €57,266 to €55,781
of which Plant, machinery and equipment: -€4,939
- Profit (loss) carried forward -€54,057
down €54,057 (-494.0%), from -€10,942 to -€64,998
- Other debts +€31,407
up €31,407 (+185.4%), from €16,941 to €48,348
- Advances received -€4,801
down €4,801 (-100.0%), from €4,801 to €0
- Tax, wage and social debts +€1,742
up €1,742 (+130.8%), from €1,333 to €3,075
- Gross operating margin -€56,155
down €56,155, from €28,172 to -€27,983
- Depreciation -€7,374
down €7,374 (-23.5%), from €31,370 to €23,995
- Other operating charges -€321
down €321 (-23.0%), from €1,396 to €1,076
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 | €98,145 | €73,970 | -€24,175 | -24.6% |
| Fixed assets | 21/28 | €57,266 | €55,781 | -€1,484 | -2.6% |
| Tangible fixed assets | 22/27 | €57,266 | €55,781 | -€1,484 | -2.6% |
| Plant, machinery and equipment | 23 | €54,411 | €49,472 | -€4,939 | -9.1% |
| Furniture and vehicles | 24 | €2,855 | €6,309 | +€3,455 | +121.0% |
| Current assets | 29/58 | €40,879 | €18,188 | -€22,691 | -55.5% |
| Amounts receivable within one year | 40/41 | €16,641 | €6,355 | -€10,286 | -61.8% |
| Trade receivables | 40 | €16,641 | €6,234 | -€10,406 | -62.5% |
| Other amounts receivable | 41 | €0 | €121 | +€121 | |
| Cash at bank and in hand | 54/58 | €20,245 | €8,186 | -€12,059 | -59.6% |
| Deferred charges and accrued income | 490/1 | €3,993 | €3,647 | -€347 | -8.7% |
| Total equity and liabilities | 10/49 | €98,145 | €73,970 | -€24,175 | -24.6% |
| Equity | 10/15 | €74,879 | €20,823 | -€54,057 | -72.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,221 | €67,221 | = | 0.0% |
| Distributable reserves | 133 | €67,221 | €67,221 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,942 | -€64,998 | -€54,057 | -494.0% |
| Amounts payable | 17/49 | €23,266 | €53,147 | +€29,881 | +128.4% |
| Amounts payable within one year | 42/48 | €23,266 | €53,147 | +€29,881 | +128.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €191 | €926 | +€735 | +384.2% |
| Credit institutions | 430/8 | €191 | €926 | +€735 | +384.2% |
| Trade debts | 44 | €0 | €798 | +€798 | |
| Suppliers | 440/4 | €0 | €798 | +€798 | |
| Advances received on contracts in progress | 46 | €4,801 | €0 | -€4,801 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,333 | €3,075 | +€1,742 | +130.8% |
| Taxes | 450/3 | €1,333 | €3,075 | +€1,742 | +130.8% |
| Other amounts payable | 47/48 | €16,941 | €48,348 | +€31,407 | +185.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,370 | €23,995 | -€7,374 | -23.5% |
| Other operating charges | 640/8 | €1,396 | €1,076 | -€321 | -23.0% |
| Non-recurring operating charges | 66A | - | €48 | +€48 | |
| Gross operating margin | 9900 | €28,172 | -€27,983 | -€56,155 | |
| Operating profit (loss) | 9901 | -€4,595 | -€53,103 | -€48,508 | -1055.8% |
| Financial income | 75/76B | €43 | €36 | -€7 | -15.6% |
| Recurring financial income | 75 | €43 | €36 | -€7 | -15.6% |
| Financial charges | 65/66B | €495 | €706 | +€211 | +42.5% |
| Recurring financial charges | 65 | €495 | €706 | +€211 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,047 | -€53,773 | -€48,725 | -965.4% |
| Income taxes | 67/77 | €313 | €284 | -€29 | -9.2% |
| Profit (loss) for the period | 9904 | -€5,360 | -€54,057 | -€48,697 | -908.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,360 | -€54,057 | -€48,697 | -908.6% |
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 12 October 2026 via checked.be.