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SOUDIMMO: what changed

Two fiscal 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.

What changed

SOUDIMMO

BE 0656.927.550
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€262,433
2024 · €27,736-€290,168
Equity
€177,931
2024 · €440,363-€262,433
Cash
€9,687
2024 · €27,730-€18,042
Balance sheet total
€2.9m
2024 · €1.0m+€1.9m

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€1.9m

    up €1.9m (+191.9%), from €1.0m to €2.9m

    of which Land and buildings: +€1.9m

Equity and liabilities
  • Debts after one year +€1.8m

    up €1.8m (+1305.4%), from €140,232 to €2.0m

    of which Financial debts: +€1.8m

  • Other debts +€386,241

    up €386,241 (+197.1%), from €195,917 to €582,157

  • Profit (loss) carried forward -€262,433

    down €262,433, from €183,398 to -€79,034

  • Trade debts -€38,696

    down €38,696 (-70.3%), from €55,081 to €16,385

Income statement
  • Depreciation +€252,833

    up €252,833 (+458.6%), from €55,134 to €307,966

  • Turnover +€99,255

    up €99,255 (+65.4%), from €151,730 to €250,986

  • Purchases and services +€60,939

    up €60,939 (+86.1%), from €70,744 to €131,683

  • Financial charges +€55,476

    up €55,476 (+2425.4%), from €2,287 to €57,763

  • Gross operating margin +€41,192

    up €41,192 (+50.8%), from €81,027 to €122,219

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €27,736
Gross operating margin +€41,192
Depreciation -€252,833
Provisions -€20,000
Other operating charges -€5,872
Financial income +€31
Financial charges -€55,476
Taxes +€2,789
Result 2025 -€262,433

Cash bridge derived

cash 2024 to 2025

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.

From operations +€380,103
Investment -€2.2m
Financing +€1.8m
Cash 2024 €27,730
Net result for the year -€262,433
Depreciation +€307,966
Smaller working-capital items -€3,083
Provisions -€9,893
Trade debts -€38,696
Other debts +€386,241
Investment in fixed assets (net) -€2.2m
Debts after one year +€1.8m
Current portion of long-term debt +€2,373
Cash 2025 €9,687
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,030,043 €2,935,019 +€1.9m +184.9%
Fixed assets 21/28 €1,002,187 €2,925,332 +€1.9m +191.9%
Tangible fixed assets 22/27 €1,002,187 €2,925,332 +€1.9m +191.9%
Land and buildings 22 €580,855 €2,479,026 +€1.9m +326.8%
Plant, machinery and equipment 23 €421,332 €446,306 +€24,974 +5.9%
Current assets 29/58 €27,856 €9,687 -€18,168 -65.2%
Amounts receivable within one year 40/41 €126 - -€126
Trade receivables 40 €126 - -€126
Cash at bank and in hand 54/58 €27,730 €9,687 -€18,042 -65.1%
Total equity and liabilities 10/49 €1,030,043 €2,935,019 +€1.9m +184.9%
Equity 10/15 €440,363 €177,931 -€262,433 -59.6%
Contributions 10/11 €229,514 €229,514 = 0.0%
Capital 10 €229,514 €229,514 = 0.0%
Issued capital 100 €229,514 €229,514 = 0.0%
Reserves 13 €27,451 €27,451 = 0.0%
Non-distributable reserves 130/1 €22,951 €22,951 = 0.0%
Legal reserve 130 €22,951 €22,951 = 0.0%
Tax-exempt reserves 132 €4,500 €4,500 = 0.0%
Profit (loss) carried forward 14 €183,398 -€79,034 -€262,433
Provisions and deferred taxes 16 €159,754 €149,861 -€9,893 -6.2%
Provisions for liabilities and charges 160/5 €159,754 €149,861 -€9,893 -6.2%
Environmental obligations 163 €159,754 €149,861 -€9,893 -6.2%
Amounts payable 17/49 €429,925 €2,607,227 +€2.2m +506.4%
Amounts payable after more than one year 17 €140,232 €1,970,825 +€1.8m +1305.4%
Financial debts 170/4 €100,232 €1,945,825 +€1.8m +1841.3%
Other amounts payable 178/9 €40,000 €25,000 -€15,000 -37.5%
Amounts payable within one year 42/48 €284,053 €633,452 +€349,399 +123.0%
Current portion of amounts payable after more than one year 42 €30,526 €32,899 +€2,373 +7.8%
Trade debts 44 €55,081 €16,385 -€38,696 -70.3%
Suppliers 440/4 €55,081 €16,385 -€38,696 -70.3%
Taxes, remuneration and social security 45 €2,530 €2,010 -€519 -20.5%
Taxes 450/3 €2,530 €2,010 -€519 -20.5%
Other amounts payable 47/48 €195,917 €582,157 +€386,241 +197.1%
Accrued charges and deferred income 492/3 €5,639 €2,950 -€2,689 -47.7%
Turnover 70 €151,730 €250,986 +€99,255 +65.4%
Non-recurring operating income 76A €41 €2,917 +€2,875 +6963.7%
Goods, raw materials, services and sundry goods 60/61 €70,744 €131,683 +€60,939 +86.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €55,134 €307,966 +€252,833 +458.6%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 -€20,000 - +€20,000
Other operating charges 640/8 €13,471 €19,343 +€5,872 +43.6%
Gross operating margin 9900 €81,027 €122,219 +€41,192 +50.8%
Operating profit (loss) 9901 €32,423 -€205,090 -€237,513
Financial income 75/76B - €31 +€31
Recurring financial income 75 - €31 +€31
Financial charges 65/66B €2,287 €57,763 +€55,476 +2425.4%
Recurring financial charges 65 €2,287 €57,763 +€55,476 +2425.4%
Profit (loss) for the period before taxes 9903 €30,136 -€262,822 -€292,958
Income taxes 67/77 €2,400 -€390 -€2,789
Profit (loss) for the period 9904 €27,736 -€262,433 -€290,168
Profit (loss) for the period to be appropriated 9905 €27,736 -€262,433 -€290,168

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.