La Sorgente: 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.
La Sorgente
Largest movements
- Receivables within one year -€3,905
down €3,905 (-94.1%), from €4,152 to €247
of which Trade receivables: -€3,071
- Stocks and contracts +€1,797
up €1,797 (+30.1%), from €5,960 to €7,757
- Cash -€174
down €174 (-7.5%), from €2,321 to €2,147
mainly Stocks and contracts (-€1,797) and Trade debts (-€1,481)
- Trade debts -€1,481
down €1,481 (-71.4%), from €2,074 to €593
- Profit (loss) carried forward -€1,238
down €1,238 (-65.7%), from -€1,886 to -€3,124
- Tax, wage and social debts +€437
new in 2025: €437
- Gross operating margin +€2,187
up €2,187, from -€1,802 to €385
- Other operating charges +€1,494
up €1,494 (+2,629%), from €57 to €1,551
- Financial charges +€46
up €46 (+175%), from €26 to €72
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 | €12,433 | €10,151 | -€2,282 | -18.4% |
| Current assets | 29/58 | €12,433 | €10,151 | -€2,282 | -18.4% |
| Stocks and contracts in progress | 3 | €5,960 | €7,757 | +€1,797 | +30.1% |
| Stocks | 30/36 | €5,960 | €7,757 | +€1,797 | +30.1% |
| Amounts receivable within one year | 40/41 | €4,152 | €247 | -€3,905 | -94.1% |
| Trade receivables | 40 | €3,318 | €247 | -€3,071 | -92.6% |
| Other amounts receivable | 41 | €834 | - | -€834 | |
| Cash at bank and in hand | 54/58 | €2,321 | €2,147 | -€174 | -7.5% |
| Total equity and liabilities | 10/49 | €12,433 | €10,151 | -€2,282 | -18.4% |
| Equity | 10/15 | €1,114 | -€124 | -€1,238 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,886 | -€3,124 | -€1,238 | -65.7% |
| Amounts payable | 17/49 | €11,318 | €10,274 | -€1,044 | -9.2% |
| Amounts payable within one year | 42/48 | €11,318 | €10,274 | -€1,044 | -9.2% |
| Trade debts | 44 | €2,074 | €593 | -€1,481 | -71.4% |
| Suppliers | 440/4 | €2,074 | €593 | -€1,481 | -71.4% |
| Taxes, remuneration and social security | 45 | - | €437 | +€437 | |
| Taxes | 450/3 | - | €437 | +€437 | |
| Other amounts payable | 47/48 | €9,244 | €9,244 | = | 0.0% |
| Other operating charges | 640/8 | €57 | €1,551 | +€1,494 | +2,629% |
| Gross operating margin | 9900 | -€1,802 | €385 | +€2,187 | |
| Operating profit (loss) | 9901 | -€1,859 | -€1,166 | +€693 | +37.3% |
| Financial charges | 65/66B | €26 | €72 | +€46 | +175% |
| Recurring financial charges | 65 | €26 | €72 | +€46 | +175% |
| Profit (loss) for the period before taxes | 9903 | -€1,886 | -€1,238 | +€648 | +34.3% |
| Profit (loss) for the period | 9904 | -€1,886 | -€1,238 | +€648 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,886 | -€1,238 | +€648 | +34.3% |
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 31 October 2026 via checked.be.