SOVI: 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.
SOVI
Largest movements
- Cash -€36,170
down €36,170 (-47.8%), from €75,733 to €39,564
mainly Contributions, distributions and other (-€51,700) and Current portion of long-term debt (-€35,440)
- Tangible fixed assets -€19,598
down €19,598 (-4.3%), from €452,087 to €432,489
- Deferred charges and accrued income +€5,836
up €5,836 (+41.5%), from €14,074 to €19,910
- Reserves -€38,700
down €38,700 (-35.5%), from €108,870 to €70,170
of which Distributable reserves: -€38,700
- Current portion of long-term debt -€35,440
down €35,440 (-100.0%), from €35,440 to €0
- Other debts +€20,066
up €20,066 (+70.5%), from €28,447 to €48,513
- Gross operating margin +€2,261
up €2,261 (+5.4%), from €42,213 to €44,474
- Financial charges -€1,536
down €1,536 (-53.4%), from €2,877 to €1,341
- Taxes +€1,004
up €1,004 (+19.5%), from €5,142 to €6,146
- Depreciation +€453
up €453 (+2.4%), from €19,146 to €19,598
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 | €541,894 | €491,962 | -€49,932 | -9.2% |
| Fixed assets | 21/28 | €452,087 | €432,489 | -€19,598 | -4.3% |
| Tangible fixed assets | 22/27 | €452,087 | €432,489 | -€19,598 | -4.3% |
| Land and buildings | 22 | €452,087 | €432,489 | -€19,598 | -4.3% |
| Current assets | 29/58 | €89,807 | €59,473 | -€30,334 | -33.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €75,733 | €39,564 | -€36,170 | -47.8% |
| Deferred charges and accrued income | 490/1 | €14,074 | €19,910 | +€5,836 | +41.5% |
| Total equity and liabilities | 10/49 | €541,894 | €491,962 | -€49,932 | -9.2% |
| Equity | 10/15 | €476,581 | €438,120 | -€38,461 | -8.1% |
| Contributions | 10/11 | €382,000 | €382,000 | = | 0.0% |
| Capital | 10 | €382,000 | €382,000 | = | 0.0% |
| Issued capital | 100 | €382,000 | €382,000 | = | 0.0% |
| Reserves | 13 | €108,870 | €70,170 | -€38,700 | -35.5% |
| Non-distributable reserves | 130/1 | €1,870 | €1,870 | = | 0.0% |
| Legal reserve | 130 | €1,870 | €1,870 | = | 0.0% |
| Distributable reserves | 133 | €107,000 | €68,300 | -€38,700 | -36.2% |
| Profit (loss) carried forward | 14 | -€14,289 | -€14,050 | +€239 | +1.7% |
| Amounts payable | 17/49 | €65,313 | €53,842 | -€11,471 | -17.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €64,794 | €53,311 | -€11,483 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €35,440 | €0 | -€35,440 | -100.0% |
| Trade debts | 44 | €765 | €3,652 | +€2,887 | +377.1% |
| Suppliers | 440/4 | €765 | €3,652 | +€2,887 | +377.1% |
| Taxes, remuneration and social security | 45 | €142 | €1,146 | +€1,004 | +707.8% |
| Taxes | 450/3 | €142 | €1,146 | +€1,004 | +707.8% |
| Other amounts payable | 47/48 | €28,447 | €48,513 | +€20,066 | +70.5% |
| Accrued charges and deferred income | 492/3 | €519 | €531 | +€12 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,146 | €19,598 | +€453 | +2.4% |
| Other operating charges | 640/8 | €4,022 | €4,149 | +€127 | +3.2% |
| Gross operating margin | 9900 | €42,213 | €44,474 | +€2,261 | +5.4% |
| Operating profit (loss) | 9901 | €19,045 | €20,726 | +€1,681 | +8.8% |
| Financial charges | 65/66B | €2,877 | €1,341 | -€1,536 | -53.4% |
| Recurring financial charges | 65 | €2,877 | €1,341 | -€1,536 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €16,168 | €19,385 | +€3,217 | +19.9% |
| Income taxes | 67/77 | €5,142 | €6,146 | +€1,004 | +19.5% |
| Profit (loss) for the period | 9904 | €11,026 | €13,239 | +€2,213 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,026 | €13,239 | +€2,213 | +20.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.