SOVESTIMMO: 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.
SOVESTIMMO
Largest movements
- Cash +€7,383
up €7,383 (+23.7%), from €31,168 to €38,551
mainly Other debts (+€300,000) and Investment in fixed assets (net) (+€4,083)
- Other debts +€300,000
new in 2025: €300,000
- Profit (loss) carried forward -€247,935
down €247,935 (-96.8%), from €256,050 to €8,115
- Reserves -€50,000
down €50,000 (-62.5%), from €80,000 to €30,000
of which Distributable reserves: -€50,000
- Gross operating margin -€140,205
down €140,205, from €132,647 to -€7,558
- Depreciation -€20,866
down €20,866 (-99.0%), from €21,071 to €205
- Financial income -€4,110
down €4,110 (-28.0%), from €14,700 to €10,589
- Other operating charges -€1,338
down €1,338 (-65.2%), from €2,050 to €713
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 | €640,393 | €643,638 | +€3,245 | +0.5% |
| Fixed assets | 21/28 | €4,699 | €410 | -€4,289 | -91.3% |
| Tangible fixed assets | 22/27 | €4,699 | €410 | -€4,289 | -91.3% |
| Land and buildings | 22 | €4,083 | €0 | -€4,083 | -100.0% |
| Furniture and vehicles | 24 | €616 | €410 | -€205 | -33.3% |
| Current assets | 29/58 | €635,694 | €643,228 | +€7,534 | +1.2% |
| Amounts receivable within one year | 40/41 | €21,197 | €24,997 | +€3,801 | +17.9% |
| Other amounts receivable | 41 | €21,197 | €24,997 | +€3,801 | +17.9% |
| Current investments | 50/53 | €575,000 | €575,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,168 | €38,551 | +€7,383 | +23.7% |
| Deferred charges and accrued income | 490/1 | €8,330 | €4,679 | -€3,650 | -43.8% |
| Total equity and liabilities | 10/49 | €640,393 | €643,638 | +€3,245 | +0.5% |
| Equity | 10/15 | €636,050 | €338,115 | -€297,935 | -46.8% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €30,000 | -€50,000 | -62.5% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €0 | -€50,000 | -100.0% |
| Profit (loss) carried forward | 14 | €256,050 | €8,115 | -€247,935 | -96.8% |
| Amounts payable | 17/49 | €4,343 | €305,523 | +€301,180 | +6934.5% |
| Amounts payable within one year | 42/48 | €3,169 | €305,437 | +€302,268 | +9538.3% |
| Trade debts | 44 | €3,169 | €5,437 | +€2,268 | +71.6% |
| Suppliers | 440/4 | €3,169 | €5,437 | +€2,268 | +71.6% |
| Other amounts payable | 47/48 | - | €300,000 | +€300,000 | |
| Accrued charges and deferred income | 492/3 | €1,174 | €86 | -€1,088 | -92.7% |
| Non-recurring operating income | 76A | €150,970 | €7,554 | -€143,416 | -95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,071 | €205 | -€20,866 | -99.0% |
| Other operating charges | 640/8 | €2,050 | €713 | -€1,338 | -65.2% |
| Gross operating margin | 9900 | €132,647 | -€7,558 | -€140,205 | |
| Operating profit (loss) | 9901 | €109,526 | -€8,476 | -€118,002 | |
| Financial income | 75/76B | €14,700 | €10,589 | -€4,110 | -28.0% |
| Recurring financial income | 75 | €14,700 | €10,589 | -€4,110 | -28.0% |
| Financial charges | 65/66B | €34 | €48 | +€14 | +41.9% |
| Recurring financial charges | 65 | €34 | €48 | +€14 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €124,191 | €2,065 | -€122,126 | -98.3% |
| Profit (loss) for the period | 9904 | €124,191 | €2,065 | -€122,126 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €124,191 | €2,065 | -€122,126 | -98.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.