Soveev: what changed
Two fiscal 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.
Soveev
Largest movements
- Tangible fixed assets +€39,666
up €39,666 (+106.5%), from €37,244 to €76,911
of which Furniture and vehicles: +€38,262
- Receivables within one year +€16,752
up €16,752 (+32.6%), from €51,411 to €68,163
of which Trade receivables: +€13,834
- Cash +€11,902
up €11,902 (+103.6%), from €11,491 to €23,393
mainly Net result for the year (+€47,676) and Debts after one year (+€17,941)
- Deferred charges and accrued income +€1,982
up €1,982 (+167.2%), from €1,186 to €3,167
- Reserves +€47,676
up €47,676 (+67.3%), from €70,843 to €118,519
- Debts after one year +€17,941
up €17,941 (+257.9%), from €6,958 to €24,898
- Current portion of long-term debt +€9,817
up €9,817 (+97.0%), from €10,120 to €19,936
- Tax, wage and social debts -€5,590
down €5,590 (-55.3%), from €10,102 to €4,513
- Gross operating margin +€22,009
up €22,009 (+43.0%), from €51,148 to €73,157
- Taxes +€4,038
up €4,038 (+41.0%), from €9,843 to €13,881
- Depreciation +€3,611
up €3,611 (+38.2%), from €9,443 to €13,053
- Financial income +€1,885
up €1,885 (+130.0%), from €1,450 to €3,335
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 | €101,332 | €171,634 | +€70,302 | +69.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €37,244 | €76,911 | +€39,666 | +106.5% |
| Tangible fixed assets | 22/27 | €37,244 | €76,911 | +€39,666 | +106.5% |
| Plant, machinery and equipment | 23 | - | €1,981 | +€1,981 | |
| Furniture and vehicles | 24 | €32,329 | €70,592 | +€38,262 | +118.4% |
| Other tangible fixed assets | 26 | €4,915 | €4,338 | -€577 | -11.7% |
| Current assets | 29/58 | €64,088 | €94,723 | +€30,636 | +47.8% |
| Amounts receivable within one year | 40/41 | €51,411 | €68,163 | +€16,752 | +32.6% |
| Trade receivables | 40 | - | €13,834 | +€13,834 | |
| Other amounts receivable | 41 | €51,411 | €54,328 | +€2,918 | +5.7% |
| Cash at bank and in hand | 54/58 | €11,491 | €23,393 | +€11,902 | +103.6% |
| Deferred charges and accrued income | 490/1 | €1,186 | €3,167 | +€1,982 | +167.2% |
| Total equity and liabilities | 10/49 | €101,332 | €171,634 | +€70,302 | +69.4% |
| Equity | 10/15 | €72,843 | €120,519 | +€47,676 | +65.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €70,843 | €118,519 | +€47,676 | +67.3% |
| Distributable reserves | 133 | €70,843 | €118,519 | +€47,676 | +67.3% |
| Amounts payable | 17/49 | €28,489 | €51,115 | +€22,626 | +79.4% |
| Amounts payable after more than one year | 17 | €6,958 | €24,898 | +€17,941 | +257.9% |
| Financial debts | 170/4 | €6,958 | €24,898 | +€17,941 | +257.9% |
| Amounts payable within one year | 42/48 | €21,531 | €26,216 | +€4,685 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €10,120 | €19,936 | +€9,817 | +97.0% |
| Trade debts | 44 | €1,310 | €1,768 | +€458 | +35.0% |
| Suppliers | 440/4 | €1,310 | €1,768 | +€458 | +35.0% |
| Taxes, remuneration and social security | 45 | €10,102 | €4,513 | -€5,590 | -55.3% |
| Taxes | 450/3 | €10,102 | €4,513 | -€5,590 | -55.3% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,443 | €13,053 | +€3,611 | +38.2% |
| Other operating charges | 640/8 | €384 | €556 | +€171 | +44.6% |
| Gross operating margin | 9900 | €51,148 | €73,157 | +€22,009 | +43.0% |
| Operating profit (loss) | 9901 | €41,321 | €59,548 | +€18,227 | +44.1% |
| Financial income | 75/76B | €1,450 | €3,335 | +€1,885 | +130.0% |
| Recurring financial income | 75 | €1,450 | €3,335 | +€1,885 | +130.0% |
| Financial charges | 65/66B | €1,285 | €1,325 | +€40 | +3.1% |
| Recurring financial charges | 65 | €1,285 | €1,325 | +€40 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €41,485 | €61,557 | +€20,072 | +48.4% |
| Income taxes | 67/77 | €9,843 | €13,881 | +€4,038 | +41.0% |
| Profit (loss) for the period | 9904 | €31,642 | €47,676 | +€16,034 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,642 | €47,676 | +€16,034 | +50.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.