SOVERBO: 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.
SOVERBO
Largest movements
- Tangible fixed assets -€300,928
down €300,928 (-8.7%), from €3.5m to €3.2m
- Receivables within one year +€156,312
up €156,312 (+19.1%), from €820,421 to €976,732
of which Other amounts receivable: +€126,107
- Debts after one year -€276,846
down €276,846 (-8.2%), from €3.4m to €3.1m
- Reserves +€132,000
up €132,000 (+84.0%), from €157,131 to €289,131
of which Distributable reserves: +€132,000
- Advances received +€95,150
up €95,150, from €0 to €95,150
- Profit (loss) carried forward -€80,157
down €80,157 (-54.0%), from €148,340 to €68,183
- Gross operating margin -€90,120
down €90,120 (-17.2%), from €524,469 to €434,350
- Financial charges -€21,740
down €21,740 (-25.6%), from €84,932 to €63,192
- Other operating charges +€12,282
up €12,282 (+478.3%), from €2,568 to €14,849
- Financial income -€8,217
down €8,217 (-99.9%), from €8,223 to €6
of which Non-recurring financial income: -€8,212
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 | €4,286,692 | €4,182,809 | -€103,883 | -2.4% |
| Fixed assets | 21/28 | €3,457,519 | €3,156,591 | -€300,928 | -8.7% |
| Tangible fixed assets | 22/27 | €3,457,519 | €3,156,591 | -€300,928 | -8.7% |
| Land and buildings | 22 | €2,778,355 | €2,661,446 | -€116,909 | -4.2% |
| Plant, machinery and equipment | 23 | €8,392 | €5,331 | -€3,062 | -36.5% |
| Furniture and vehicles | 24 | €99,343 | €61,243 | -€38,100 | -38.4% |
| Leasing and similar rights | 25 | €571,429 | €428,572 | -€142,857 | -25.0% |
| Current assets | 29/58 | €829,173 | €1,026,217 | +€197,044 | +23.8% |
| Amounts receivable within one year | 40/41 | €820,421 | €976,732 | +€156,312 | +19.1% |
| Trade receivables | 40 | €678,564 | €708,769 | +€30,205 | +4.5% |
| Other amounts receivable | 41 | €141,856 | €267,963 | +€126,107 | +88.9% |
| Cash at bank and in hand | 54/58 | €8,752 | €41,427 | +€32,675 | +373.3% |
| Deferred charges and accrued income | 490/1 | €0 | €8,058 | +€8,058 | |
| Total equity and liabilities | 10/49 | €4,286,692 | €4,182,809 | -€103,883 | -2.4% |
| Equity | 10/15 | €324,071 | €375,914 | +€51,843 | +16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,131 | €289,131 | +€132,000 | +84.0% |
| Tax-exempt reserves | 132 | €37,271 | €37,271 | = | 0.0% |
| Distributable reserves | 133 | €119,860 | €251,860 | +€132,000 | +110.1% |
| Profit (loss) carried forward | 14 | €148,340 | €68,183 | -€80,157 | -54.0% |
| Amounts payable | 17/49 | €3,962,621 | €3,806,895 | -€155,726 | -3.9% |
| Amounts payable after more than one year | 17 | €3,383,384 | €3,106,538 | -€276,846 | -8.2% |
| Financial debts | 170/4 | €3,383,384 | €3,106,538 | -€276,846 | -8.2% |
| Amounts payable within one year | 42/48 | €579,237 | €700,357 | +€121,119 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €262,687 | €279,347 | +€16,660 | +6.3% |
| Trade debts | 44 | €78,500 | €67,704 | -€10,796 | -13.8% |
| Suppliers | 440/4 | €78,500 | €67,704 | -€10,796 | -13.8% |
| Advances received on contracts in progress | 46 | €0 | €95,150 | +€95,150 | |
| Taxes, remuneration and social security | 45 | - | €1,042 | +€1,042 | |
| Taxes | 450/3 | - | €1,042 | +€1,042 | |
| Other amounts payable | 47/48 | €238,050 | €257,113 | +€19,063 | +8.0% |
| Non-recurring operating income | 76A | €26,134 | €2,500 | -€23,634 | -90.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303,428 | €303,428 | = | 0.0% |
| Other operating charges | 640/8 | €2,568 | €14,849 | +€12,282 | +478.3% |
| Non-recurring operating charges | 66A | €9,333 | €0 | -€9,333 | -100.0% |
| Gross operating margin | 9900 | €524,469 | €434,350 | -€90,120 | -17.2% |
| Operating profit (loss) | 9901 | €209,141 | €116,073 | -€93,068 | -44.5% |
| Financial income | 75/76B | €8,223 | €6 | -€8,217 | -99.9% |
| Recurring financial income | 75 | €11 | €6 | -€5 | -43.6% |
| Non-recurring financial income | 76B | €8,212 | €0 | -€8,212 | -100.0% |
| Financial charges | 65/66B | €84,932 | €63,192 | -€21,740 | -25.6% |
| Recurring financial charges | 65 | €84,932 | €63,192 | -€21,740 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €132,432 | €52,887 | -€79,545 | -60.1% |
| Income taxes | 67/77 | €0 | €1,044 | +€1,043 | +298068.6% |
| Profit (loss) for the period | 9904 | €132,432 | €51,843 | -€80,589 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €132,432 | €51,843 | -€80,589 | -60.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.