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SOVIMA

Absorbed by AVIMA KBO/BCE: BE 0864.346.808
SOVIMA
Financial year 2025
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Annual accounts 2025

micro format, filed on 29-01-2026, 2 days before the deadline
Gross margin
€29,549
▼ 22.8%
Operating result
€9,082
▼ 41.0%
EBITDA
€19,808
▼ 24.2%
Cash flow
€17,782
▼ 26.6%
Solvency
54.7%
▲ 5.2 percentage points
Current ratio
2.70
▲ 0.93

The turnover shown is an estimate from the gross margin.

Turnover ≈ €120,000. Estimated: probably between €71,000 and €210,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €117,402 on 30-06-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
Total assets20/58 117,402115,520111,774144,372160,402204,150122,076124,954113,803123,272136,381152,347175,775121,131256,657283,717375,199423,302414,081
Formation expenses20 ------------------467
Fixed assets21/28 52,15162,87673,63184,356105,065125,91631,35345,02258,74173,03687,816104,566116,44648,613164,806203,578306,754335,145360,720
Tangible fixed assets22/27 51,88162,60673,36184,086104,795125,64631,21844,88758,60672,90187,816104,566116,44648,613164,806203,578306,754335,145360,253
Plant, machinery and equipment23 --0001311,2182,3043,4394,5753,4504,160--102,710127,999217,692232,601267,127
Furniture and vehicles24 51,88162,60673,36184,086104,795125,51430,00042,58355,16768,32684,366100,406116,44648,61362,09675,57989,062102,54593,126
Financial fixed assets28 270270270270270270135135135135---------
Current assets29/58 65,25152,64438,14360,01655,33778,23590,72379,93255,06250,23648,56547,78159,33072,51991,85180,13968,44588,15753,361
Stocks and contracts in progress3 15,62510,1939,83311,4763,2442,6349,6039,2374,3214,2923,3691,4134,6024,9954,4121,0407,82522,725-
Stocks30/36 15,62510,1939,83311,4763,2442,6349,6039,2374,3214,2923,3691,4134,6024,9954,4121,0407,82522,725-
Amounts receivable within one year40/41 33,48640,62925,18038,72432,20859,84462,95668,4795,22824,23029,43244,63543,22250,87184,82969,77059,27659,32148,813
Trade receivables40 33,48640,62925,08038,72432,20859,01562,95662,2265,22823,02129,07444,63523,70048,60884,51967,51059,14956,15046,834
Other amounts receivable41 --100--829-6,253-1,209358-19,5222,2633092,2611273,1711,979
Cash at bank and in hand54/58 16,1401,8223,1309,81714,8839,91610,7032,21745,51221,71415,7641,73311,50614,1122,6109,329163,4532,391
Deferred charges and accrued income490/1 ----5,0025,8417,461------2,541--1,3292,6582,157
Balance sheet: equity and liabilities
Total equity and liabilities10/49 117,402115,520111,774144,372160,402204,150122,076124,954113,803123,272136,381152,347175,775121,131256,657283,717375,199423,302414,081
Equity10/15 64,21357,15643,70041,70252,95949,74436,46629,71620,03619,53915,07413,38611,83711,52615,12814,35714,04213,68813,485
Contributions10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
Capital10 ---6,200---------------
Issued capital100 ---18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
Uncalled capital101 ---12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
Contributions outside capital11 --6,200----------------
Other1109/19 --6,200----------------
Reserves13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
Non-distributable reserves130/1 1,8601,8601,8601,8601,860--------------
Legal reserve130 ---1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
Reserves not available under the articles1311 1,8601,8601,860----------------
Profit (loss) carried forward14 56,15349,09635,64033,64244,89941,68428,40621,65611,97611,4797,0145,3263,7773,4667,0686,2975,9825,6285,425
Amounts payable17/49 53,18958,36468,074102,670107,442154,40785,61095,23893,767103,733121,308138,962163,938109,605241,529269,360361,157409,615400,596
Amounts payable after more than one year17 14,28428,57042,85657,14271,42885,714-14,28428,57042,85657,14271,42885,714-9,72541,763128,784196,986240,185
Financial debts170/4 14,28428,57042,85657,14271,42885,714-14,28428,57042,85657,14271,42885,714-9,72541,763128,784196,986240,185
Amounts payable within one year42/48 24,21229,79425,21845,52836,01468,69385,61080,95465,19760,87764,16667,53478,224109,605231,804225,990232,373212,629160,411
Current portion of amounts payable after more than one year42 14,28614,28614,28614,28614,28614,28614,28414,28614,28614,28614,28614,28614,2869,72532,03871,44268,20268,19963,199
Trade debts44 14395-13,9316861,3442,3064104,32910250158-12,6969,47831,35112,5103,543
Suppliers440/4 14395-13,9316861,3442,3064104,32910250158-12,6969,47831,35112,5103,543
Advances received on contracts in progress46 -------------36,000-----
Taxes, remuneration and social security45 8,73013,9329,6386,0189,7491,6007,4894,9272502502503,8661,0005005005001,7507502,500
Taxes450/3 8,73012,9328,8385,0189,749-7,4893,9272502502503,866500---750750750
Remuneration and social security454/9 -1,0008001,000-1,600-1,000----5005005005001,000-1,750
Other amounts payable47/48 1,1821,1821,29411,29411,29451,46361,53161,33246,33246,33249,38049,38062,88063,380186,570144,570131,070131,17091,170
Accrued charges and deferred income492/3 14,694--------------1,607---
Income statement
Turnover70 -------79,62148,92558,68962,00571,72671,73658,415103,003108,008121,728121,166109,221
Non-recurring operating income76A ----------------754--
Gross operating margin9900 29,54938,27023,04916,85934,38035,51928,91831,62520,34524,22122,47421,97024,91114,33145,53649,98358,87966,37068,308
Goods, raw materials, services and sundry goods60/61 -------56,07238,72639,03742,56653,20250,35867,34857,46658,02562,84854,79540,914
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 10,72510,75510,72520,70920,85112,88313,66913,71914,29517,04416,75016,75016,04013,48338,77238,77247,70948,47647,023
Other operating charges640/8 9,74112,1299,4066,3438,7098,5477,7287,1614,4551,0132,3452,3387,5162,6272,6322,6512,6328,2152,575
Operating profit (loss)9901 9,08215,3872,918-10,1934,82014,0897,52110,7451,5946,1653,3792,8821,356-1,7794,1338,5608,5399,67918,710
Financial income75/76B 630---210---315-3201,399615141818177
Recurring financial income75 630---210---315-3201,399615141818177
Financial charges65/66B 6637929201,0641,3128227711,0641,4121,7002,0112,7301,0491,8353,3768,2638,9569,49111,508
Recurring financial charges65 6637929201,0641,3128227711,0641,4121,7002,0112,7301,0491,8353,3768,2638,9569,49111,508
Profit (loss) for the period before taxes9903 9,04914,5951,997-11,2573,71813,2666,7509,6814974,4651,6881,551312-3,6007713153542067,208
Income taxes67/77 1,9921,139--503-11----0212-0--31
Profit (loss) for the period9904 7,05713,4561,997-11,2573,21513,2786,7509,6814974,4651,6881,548311-3,6027713153542037,207
Profit (loss) for the period to be appropriated9905 7,05713,4561,997-11,2573,21513,2786,7509,6814974,4651,6881,548311-3,6027713153542037,207
Appropriation of the result
Profit (loss) to be appropriated9906 56,15349,09635,64033,64244,89941,68428,40621,65611,97611,4797,0145,3263,7773,4667,0686,2975,9825,6287,213
Profit (loss) brought forward from the previous period14P 49,09635,64033,64244,899---------------
Transfer to equity691/2 ------------------1,788
To the legal reserve6920 ------------------1,788
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 2 older financial years (2005-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 29-01-2026 2026-00031143 PDF
30-06-2024 micro format 23-01-2025 2025-00011051 PDF
30-06-2023 micro format 29-11-2023 2023-00520376 PDF
30-06-2022 micro format 27-01-2023 2023-00021960 PDF
30-06-2021 micro format 27-01-2022 2022-03000509 PDF
30-06-2020 micro format 29-01-2021 2021-04400112 PDF
30-06-2019 full format 31-01-2020 2020-03900141 PDF
30-06-2018 full format 21-12-2018 2018-75500141 PDF
30-06-2017 full format 30-01-2018 2018-03600129 PDF
30-06-2016 full format 07-01-2017 2017-00700196 PDF
30-06-2015 full format 25-01-2016 2016-02800522 PDF
30-06-2014 full format 18-12-2014 2014-69700239 PDF
30-06-2013 full format 20-12-2013 2013-69400560 PDF
30-06-2012 full format 21-12-2012 2012-67700470 PDF
30-06-2011 full format 27-01-2012 2012-02000198 PDF
30-06-2010 full format 28-01-2011 2011-02000512 PDF
30-06-2009 full format 29-01-2010 2010-03100270 PDF
30-06-2008 full format 24-02-2009 2009-05500183 PDF
30-06-2007 full format 19-12-2007 2007-83900255 PDF
30-06-2006 full format 27-12-2006 2006-92100290 PDF
30-06-2005 full format 27-12-2005 2005-90800236 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
EBITDA 19,80826,14213,64310,51625,67126,97221,19024,46415,89023,20920,12919,63117,39511,70442,90547,33256,24858,15565,732
Cash flow 17,78224,21112,7239,45224,06626,16120,41923,40014,79221,50918,43818,29816,3519,88139,54339,08748,06348,67954,230
Investment in fixed assets (approximation) 0-0000107,4460002,26404,870100,000-102,7100-64,40427,56331,00015,000
Change in cash 14,318-1,308-6,687-5,0664,968-7888,486-43,29623,7995,94914,032-9,773-2,60611,502-6,7199,313-3,4371,062-
Working capital 41,04022,85012,92514,48919,3239,5425,113-1,021-10,135-10,642-15,600-19,752-18,894-37,086-139,953-145,850-163,927-124,472-107,050
EBIT margin -------13.5%3.3%10.5%5.5%4.0%1.9%-3.0%4.0%7.9%7.0%8.0%17.1%
Solvency 54.7%49.5%39.1%28.9%33.0%24.4%29.9%23.8%17.6%15.8%11.1%8.8%6.7%9.5%5.9%5.1%3.7%3.2%3.3%
Current ratio 2.701.771.511.321.541.141.060.990.840.830.760.710.760.660.400.350.290.410.33
Quick ratio 2.051.421.121.071.451.100.950.870.780.750.700.690.700.620.380.350.260.310.33
Debt to equity 0.831.021.562.462.033.102.353.204.685.318.0510.3813.859.5115.9718.7625.7229.9329.71
ROE 11.0%23.5%4.6%-27.0%6.1%26.7%18.5%32.6%2.5%22.9%11.2%11.6%2.6%-31.3%5.1%2.2%2.5%1.5%53.4%
ROA 6.0%11.6%1.8%-7.8%2.0%6.5%5.5%7.7%0.4%3.6%1.2%1.0%0.2%-3.0%0.3%0.1%0.1%0.0%1.7%
Interest coverage 29.8733.0214.839.88---------------
Customer credit -------285 days39 days143 days171 days227 days121 days304 days300 days228 days177 days169 days157 days
Supplier credit -------3 days41 days0 days2 days0 days0 days-81 days60 days182 days83 days32 days

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item30-06-202530-06-202430-06-202330-06-2022
Carrying value of the other pledged assets€51,881€62,606€73,361€84,086

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Insights on SOVIMA

The operating result for 2025 is 41% lower than in 2024.

Debt's share of the balance-sheet total falls from 50.5% to 45.3%. Equity is higher and debt is lower.

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