Sorvillo: 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.
Sorvillo
Largest movements
- Tangible fixed assets -€72,983
down €72,983 (-59.5%), from €122,682 to €49,699
of which Land and buildings: -€121,164
- Cash +€8,528
up €8,528 (+30392.5%), from €28 to €8,556
mainly Investment in fixed assets (net) (+€71,888) and Other debts (+€14,551)
- Receivables within one year -€5,339
down €5,339 (-5.5%), from €96,403 to €91,064
of which Other amounts receivable: -€21,782
- Debts after one year -€76,179
down €76,179 (-73.6%), from €103,541 to €27,361
- Short-term financial debts -€18,120
down €18,120 (-75.1%), from €24,120 to €6,000
of which Credit institutions: -€24,120
- Other debts +€14,551
up €14,551 (+139.2%), from €10,449 to €25,000
- Reserves +€10,365
up €10,365 (+18.1%), from €57,398 to €67,763
- Trade debts +€3,503
up €3,503 (+82.5%), from €4,245 to €7,748
- Gross operating margin -€18,885
down €18,885 (-47.3%), from €39,923 to €21,038
- Depreciation -€12,632
down €12,632 (-92.0%), from €13,727 to €1,095
- Other operating charges -€1,123
down €1,123 (-25.1%), from €4,473 to €3,350
- Financial charges +€1,030
up €1,030 (+26.2%), from €3,936 to €4,966
- Financial income +€506
up €506 (+752.9%), from €67 to €573
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 | €240,917 | €172,009 | -€68,908 | -28.6% |
| Fixed assets | 21/28 | €122,682 | €49,699 | -€72,983 | -59.5% |
| Tangible fixed assets | 22/27 | €122,682 | €49,699 | -€72,983 | -59.5% |
| Land and buildings | 22 | €121,164 | - | -€121,164 | |
| Furniture and vehicles | 24 | €1,518 | €49,699 | +€48,181 | +3174.2% |
| Current assets | 29/58 | €118,236 | €122,311 | +€4,075 | +3.4% |
| Stocks and contracts in progress | 3 | €21,000 | €21,000 | = | 0.0% |
| Stocks | 30/36 | €21,000 | €21,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €96,403 | €91,064 | -€5,339 | -5.5% |
| Trade receivables | 40 | €61,487 | €77,930 | +€16,443 | +26.7% |
| Other amounts receivable | 41 | €34,916 | €13,134 | -€21,782 | -62.4% |
| Cash at bank and in hand | 54/58 | €28 | €8,556 | +€8,528 | +30392.5% |
| Deferred charges and accrued income | 490/1 | €805 | €1,691 | +€885 | +110.0% |
| Total equity and liabilities | 10/49 | €240,917 | €172,009 | -€68,908 | -28.6% |
| Equity | 10/15 | €75,998 | €86,363 | +€10,365 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,398 | €67,763 | +€10,365 | +18.1% |
| Distributable reserves | 133 | €57,398 | €67,763 | +€10,365 | +18.1% |
| Amounts payable | 17/49 | €164,920 | €85,647 | -€79,273 | -48.1% |
| Amounts payable after more than one year | 17 | €103,541 | €27,361 | -€76,179 | -73.6% |
| Financial debts | 170/4 | €103,541 | €27,361 | -€76,179 | -73.6% |
| Amounts payable within one year | 42/48 | €61,379 | €58,285 | -€3,093 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €13,295 | €12,639 | -€657 | -4.9% |
| Financial debts | 43 | €24,120 | €6,000 | -€18,120 | -75.1% |
| Credit institutions | 430/8 | €24,120 | - | -€24,120 | |
| Other loans | 439 | - | €6,000 | +€6,000 | |
| Trade debts | 44 | €4,245 | €7,748 | +€3,503 | +82.5% |
| Suppliers | 440/4 | €4,245 | €7,748 | +€3,503 | +82.5% |
| Taxes, remuneration and social security | 45 | €9,269 | €6,899 | -€2,370 | -25.6% |
| Taxes | 450/3 | €6,874 | €6,899 | +€25 | +0.4% |
| Remuneration and social security | 454/9 | €2,395 | - | -€2,395 | |
| Other amounts payable | 47/48 | €10,449 | €25,000 | +€14,551 | +139.2% |
| Non-recurring operating income | 76A | - | €40,399 | +€40,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,727 | €1,095 | -€12,632 | -92.0% |
| Other operating charges | 640/8 | €4,473 | €3,350 | -€1,123 | -25.1% |
| Non-recurring operating charges | 66A | €125 | - | -€125 | |
| Gross operating margin | 9900 | €39,923 | €21,038 | -€18,885 | -47.3% |
| Operating profit (loss) | 9901 | €21,597 | €16,592 | -€5,005 | -23.2% |
| Financial income | 75/76B | €67 | €573 | +€506 | +752.9% |
| Recurring financial income | 75 | €67 | €573 | +€506 | +752.9% |
| Financial charges | 65/66B | €3,936 | €4,966 | +€1,030 | +26.2% |
| Recurring financial charges | 65 | €3,936 | €4,966 | +€1,030 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €17,728 | €12,200 | -€5,528 | -31.2% |
| Income taxes | 67/77 | €1,708 | €1,835 | +€127 | +7.4% |
| Profit (loss) for the period | 9904 | €16,020 | €10,365 | -€5,655 | -35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,020 | €10,365 | -€5,655 | -35.3% |
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 10 October 2026 via checked.be.