Souverain 90: 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.
Souverain 90
Largest movements
- Tangible fixed assets -€35,307
down €35,307 (-4.0%), from €890,308 to €855,000
of which Land and buildings: -€35,301
- Profit (loss) carried forward -€87,080
down €87,080 (-16.5%), from -€528,196 to -€615,276
- Debts after one year +€34,314
up €34,314 (+3.7%), from €919,076 to €953,389
- Trade debts +€14,003
up €14,003 (+30.8%), from €45,396 to €59,399
- Gross operating margin -€40,851
down €40,851, from €26,846 to -€14,005
- Other operating charges -€4,391
down €4,391 (-39.8%), from €11,036 to €6,645
- Write-downs -€3,640
down €3,640 (-100%), from €3,640 to €0
- Depreciation -€420
down €420 (-1.2%), from €35,727 to €35,307
- Financial charges +€386
up €386 (+1.3%), from €30,742 to €31,128
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 | €1,083,250 | €1,041,955 | -€41,295 | -3.8% |
| Fixed assets | 21/28 | €891,668 | €856,360 | -€35,307 | -4.0% |
| Tangible fixed assets | 22/27 | €890,308 | €855,000 | -€35,307 | -4.0% |
| Land and buildings | 22 | €890,275 | €854,974 | -€35,301 | -4.0% |
| Furniture and vehicles | 24 | €33 | €26 | -€7 | -20.0% |
| Financial fixed assets | 28 | €1,360 | €1,360 | = | 0.0% |
| Current assets | 29/58 | €191,583 | €185,595 | -€5,988 | -3.1% |
| Amounts receivable within one year | 40/41 | €183,821 | €183,410 | -€411 | -0.2% |
| Trade receivables | 40 | €178,198 | €177,929 | -€269 | -0.2% |
| Other amounts receivable | 41 | €5,623 | €5,480 | -€142 | -2.5% |
| Cash at bank and in hand | 54/58 | €7,299 | €1,753 | -€5,546 | -76.0% |
| Deferred charges and accrued income | 490/1 | €463 | €432 | -€31 | -6.7% |
| Total equity and liabilities | 10/49 | €1,083,250 | €1,041,955 | -€41,295 | -3.8% |
| Equity | 10/15 | €94,814 | €7,734 | -€87,080 | -91.8% |
| Contributions | 10/11 | €237,400 | €237,400 | = | 0.0% |
| Revaluation surpluses | 12 | €227,368 | €227,368 | = | 0.0% |
| Reserves | 13 | €158,242 | €158,242 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €137,632 | €137,632 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€528,196 | -€615,276 | -€87,080 | -16.5% |
| Amounts payable | 17/49 | €988,436 | €1,034,221 | +€45,785 | +4.6% |
| Amounts payable after more than one year | 17 | €919,076 | €953,389 | +€34,314 | +3.7% |
| Financial debts | 170/4 | €919,076 | €953,389 | +€34,314 | +3.7% |
| Amounts payable within one year | 42/48 | €66,688 | €78,145 | +€11,458 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €21,291 | €18,446 | -€2,846 | -13.4% |
| Trade debts | 44 | €45,396 | €59,399 | +€14,003 | +30.8% |
| Suppliers | 440/4 | €45,396 | €59,399 | +€14,003 | +30.8% |
| Taxes, remuneration and social security | 45 | €0 | €300 | +€300 | |
| Taxes | 450/3 | €0 | €300 | +€300 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,673 | €2,687 | +€14 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,727 | €35,307 | -€420 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,640 | €0 | -€3,640 | -100% |
| Other operating charges | 640/8 | €11,036 | €6,645 | -€4,391 | -39.8% |
| Gross operating margin | 9900 | €26,846 | -€14,005 | -€40,851 | |
| Operating profit (loss) | 9901 | -€23,557 | -€55,958 | -€32,401 | -138% |
| Financial income | 75/76B | €0 | €6 | +€6 | |
| Recurring financial income | 75 | €0 | €6 | +€6 | |
| Financial charges | 65/66B | €30,742 | €31,128 | +€386 | +1.3% |
| Recurring financial charges | 65 | €30,742 | €31,128 | +€386 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€54,299 | -€87,080 | -€32,781 | -60.4% |
| Profit (loss) for the period | 9904 | -€54,299 | -€87,080 | -€32,781 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,299 | -€87,080 | -€32,781 | -60.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.