SOUTHVILLE: what changed
SOUTHVILLE
Largest movements
- Financial fixed assets +€1.0m
up €1.0m (+18,617%), from €5,550 to €1.0m
- Receivables within one year +€224,285
up €224,285 (+97.7%), from €229,489 to €453,774
of which Other amounts receivable: +€227,108
- Cash -€89,999
down €89,999 (-94.7%), from €95,054 to €5,056
mainly Investment in fixed assets (net) (-€1.0m) and Receivables within one year (-€224,285)
- Reserves +€1.1m
up €1.1m (+277%), from €391,303 to €1.5m
of which Distributable reserves: +€1.1m
- Profit (loss) carried forward +€88,012
new in 2025: €88,012
- Financial income +€977,389
up €977,389 (+499%), from €195,675 to €1.2m
of which Non-recurring financial income: +€953,700
- Gross operating margin +€25,712
up €25,712, from -€5,590 to €20,122
- Other operating charges -€561
down €561 (-31.7%), from €1,768 to €1,207
- Taxes +€445
up €445 (+2.6%), from €17,085 to €17,530
- Depreciation +€388
up €388 (+16.0%), from €2,421 to €2,809
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,602 | €1,576,928 | +€1.2m | +289% |
| Fixed assets | 21/28 | €25,739 | €1,062,684 | +€1.0m | +4,029% |
| Tangible fixed assets | 22/27 | €20,189 | €23,894 | +€3,704 | +18.3% |
| Land and buildings | 22 | €8,719 | €8,719 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,143 | €11,435 | +€2,291 | +25.1% |
| Furniture and vehicles | 24 | €2,327 | €1,992 | -€335 | -14.4% |
| Other tangible fixed assets | 26 | - | €1,748 | +€1,748 | |
| Financial fixed assets | 28 | €5,550 | €1,038,790 | +€1.0m | +18,617% |
| Current assets | 29/58 | €379,863 | €514,245 | +€134,382 | +35.4% |
| Amounts receivable after more than one year | 29 | €54,240 | €54,240 | = | 0.0% |
| Other amounts receivable | 291 | €54,240 | €54,240 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €229,489 | €453,774 | +€224,285 | +97.7% |
| Trade receivables | 40 | €4,493 | €1,670 | -€2,823 | -62.8% |
| Other amounts receivable | 41 | €224,996 | €452,104 | +€227,108 | +101% |
| Cash at bank and in hand | 54/58 | €95,054 | €5,056 | -€89,999 | -94.7% |
| Deferred charges and accrued income | 490/1 | €1,079 | €1,175 | +€95 | +8.8% |
| Total equity and liabilities | 10/49 | €405,602 | €1,576,928 | +€1.2m | +289% |
| Equity | 10/15 | €403,703 | €1,575,135 | +€1.2m | +290% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €391,303 | €1,474,723 | +€1.1m | +277% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €389,443 | €1,472,863 | +€1.1m | +278% |
| Profit (loss) carried forward | 14 | - | €88,012 | +€88,012 | |
| Amounts payable | 17/49 | €1,899 | €1,794 | -€106 | -5.6% |
| Amounts payable within one year | 42/48 | €1,646 | €1,529 | -€116 | -7.1% |
| Trade debts | 44 | - | €1,529 | +€1,529 | |
| Suppliers | 440/4 | - | €1,529 | +€1,529 | |
| Taxes, remuneration and social security | 45 | €1,646 | €0 | -€1,646 | -100.0% |
| Taxes | 450/3 | €1,646 | €0 | -€1,646 | -100.0% |
| Accrued charges and deferred income | 492/3 | €254 | €264 | +€11 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,421 | €2,809 | +€388 | +16.0% |
| Other operating charges | 640/8 | €1,768 | €1,207 | -€561 | -31.7% |
| Gross operating margin | 9900 | -€5,590 | €20,122 | +€25,712 | |
| Operating profit (loss) | 9901 | -€9,778 | €16,106 | +€25,884 | |
| Financial income | 75/76B | €195,675 | €1,173,064 | +€977,389 | +499% |
| Recurring financial income | 75 | €195,675 | €219,364 | +€23,689 | +12.1% |
| Non-recurring financial income | 76B | - | €953,700 | +€953,700 | |
| Financial charges | 65/66B | €192 | €208 | +€17 | +8.8% |
| Recurring financial charges | 65 | €192 | €208 | +€17 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €185,706 | €1,188,962 | +€1.0m | +540% |
| Income taxes | 67/77 | €17,085 | €17,530 | +€445 | +2.6% |
| Profit (loss) for the period | 9904 | €168,621 | €1,171,432 | +€1.0m | +595% |
| Profit (loss) for the period to be appropriated | 9905 | €168,621 | €1,171,432 | +€1.0m | +595% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.