SOVELA CAR SERVICES: 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.
SOVELA CAR SERVICES
Largest movements
- Receivables within one year -€1,800
no longer reported in 2025 (was €1,800)
- Tangible fixed assets -€1,748
no longer reported in 2025 (was €1,748)
- Cash -€81
down €81 (-38.7%), from €210 to €129
mainly Current portion of long-term debt (-€4,905) and Net result for the year (-€725)
- Current portion of long-term debt -€4,905
no longer reported in 2025 (was €4,905)
- Other debts +€2,000
new in 2025: €2,000
- Profit (loss) carried forward -€725
down €725 (-3.4%), from -€21,607 to -€22,331
- Depreciation -€4,196
no longer reported in 2025 (was €4,196)
- Other operating charges +€1,751
up €1,751 (+1,699%), from €103 to €1,854
- Gross operating margin -€914
down €914 (-30.1%), from €3,039 to €2,125
- Financial charges +€301
up €301 (+43.4%), from €694 to €995
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 | €3,758 | €129 | -€3,630 | -96.6% |
| Fixed assets | 21/28 | €1,748 | - | -€1,748 | |
| Tangible fixed assets | 22/27 | €1,748 | - | -€1,748 | |
| Land and buildings | 22 | €1,748 | - | -€1,748 | |
| Current assets | 29/58 | €2,010 | €129 | -€1,881 | -93.6% |
| Amounts receivable within one year | 40/41 | €1,800 | - | -€1,800 | |
| Trade receivables | 40 | €1,800 | - | -€1,800 | |
| Cash at bank and in hand | 54/58 | €210 | €129 | -€81 | -38.7% |
| Total equity and liabilities | 10/49 | €3,758 | €129 | -€3,630 | -96.6% |
| Equity | 10/15 | -€1,147 | -€1,871 | -€725 | -63.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€21,607 | -€22,331 | -€725 | -3.4% |
| Amounts payable | 17/49 | €4,905 | €2,000 | -€2,905 | -59.2% |
| Amounts payable within one year | 42/48 | €4,905 | €2,000 | -€2,905 | -59.2% |
| Current portion of amounts payable after more than one year | 42 | €4,905 | - | -€4,905 | |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,196 | - | -€4,196 | |
| Other operating charges | 640/8 | €103 | €1,854 | +€1,751 | +1,699% |
| Gross operating margin | 9900 | €3,039 | €2,125 | -€914 | -30.1% |
| Operating profit (loss) | 9901 | -€1,260 | €270 | +€1,531 | |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €694 | €995 | +€301 | +43.4% |
| Recurring financial charges | 65 | €694 | €995 | +€301 | +43.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,945 | -€725 | +€1,220 | +62.7% |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€1,948 | -€725 | +€1,223 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,948 | -€725 | +€1,223 | +62.8% |
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 28 October 2026 via checked.be.