SOVIAFRAIS: 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.
SOVIAFRAIS
Largest movements
- Cash -€43,916
down €43,916 (-54.8%), from €80,188 to €36,271
mainly Trade debts (-€39,022) and Net result for the year (-€17,066)
- Receivables within one year -€13,906
down €13,906 (-14.7%), from €94,680 to €80,774
of which Trade receivables: -€12,201
- Stocks and contracts +€9,581
up €9,581 (+14.6%), from €65,450 to €75,031
- Tangible fixed assets -€2,968
down €2,968 (-67.1%), from €4,426 to €1,458
of which Furniture and vehicles: -€4,426
- Trade debts -€39,022
down €39,022 (-58.8%), from €66,314 to €27,292
- Profit (loss) carried forward -€17,066
down €17,066 (-10.0%), from €171,359 to €154,293
- Tax, wage and social debts +€4,879
up €4,879, from €0 to €4,879
of which Remuneration and social security: +€4,879
- Purchases and services +€101,632
up €101,632 (+16.6%), from €611,128 to €712,760
- Turnover +€86,707
up €86,707 (+12.7%), from €681,831 to €768,538
- Gross operating margin -€14,924
down €14,924 (-21.1%), from €70,703 to €55,779
- Staff costs +€10,128
up €10,128 (+27.6%), from €36,744 to €46,872
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 | €257,599 | €206,389 | -€51,209 | -19.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €11,426 | €8,458 | -€2,968 | -26.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €4,426 | €1,458 | -€2,968 | -67.1% |
| Plant, machinery and equipment | 23 | €0 | €1,458 | +€1,458 | |
| Furniture and vehicles | 24 | €4,426 | €0 | -€4,426 | -100% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €246,173 | €197,931 | -€48,241 | -19.6% |
| Stocks and contracts in progress | 3 | €65,450 | €75,031 | +€9,581 | +14.6% |
| Stocks | 30/36 | €65,450 | €75,031 | +€9,581 | +14.6% |
| Amounts receivable within one year | 40/41 | €94,680 | €80,774 | -€13,906 | -14.7% |
| Trade receivables | 40 | €71,407 | €59,206 | -€12,201 | -17.1% |
| Other amounts receivable | 41 | €23,273 | €21,569 | -€1,705 | -7.3% |
| Cash at bank and in hand | 54/58 | €80,188 | €36,271 | -€43,916 | -54.8% |
| Deferred charges and accrued income | 490/1 | €5,855 | €5,855 | = | 0.0% |
| Total equity and liabilities | 10/49 | €257,599 | €206,389 | -€51,209 | -19.9% |
| Equity | 10/15 | €191,284 | €174,218 | -€17,066 | -8.9% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Capital | 10 | €19,831 | €19,831 | = | 0.0% |
| Issued capital | 100 | €24,789 | €19,831 | -€4,958 | -20.0% |
| Uncalled capital | 101 | €4,958 | €0 | -€4,958 | -100% |
| Reserves | 13 | €94 | €94 | = | 0.0% |
| Non-distributable reserves | 130/1 | €94 | €94 | = | 0.0% |
| Legal reserve | 130 | €94 | €94 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,359 | €154,293 | -€17,066 | -10.0% |
| Amounts payable | 17/49 | €66,314 | €32,171 | -€34,143 | -51.5% |
| Amounts payable within one year | 42/48 | €66,314 | €32,171 | -€34,143 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Trade debts | 44 | €66,314 | €27,292 | -€39,022 | -58.8% |
| Suppliers | 440/4 | €66,314 | €27,292 | -€39,022 | -58.8% |
| Taxes, remuneration and social security | 45 | €0 | €4,879 | +€4,879 | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €0 | €4,879 | +€4,879 | |
| Turnover | 70 | €681,831 | €768,538 | +€86,707 | +12.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €611,128 | €712,760 | +€101,632 | +16.6% |
| Remuneration, social security and pensions | 62 | €36,744 | €46,872 | +€10,128 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,971 | €2,968 | -€3 | -0.1% |
| Other operating charges | 640/8 | €200 | - | -€200 | |
| Gross operating margin | 9900 | €70,703 | €55,779 | -€14,924 | -21.1% |
| Operating profit (loss) | 9901 | €30,787 | €5,938 | -€24,849 | -80.7% |
| Financial charges | 65/66B | €1,173 | €1,365 | +€192 | +16.4% |
| Recurring financial charges | 65 | €1,173 | €1,365 | +€192 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €29,614 | €4,573 | -€25,041 | -84.6% |
| Income taxes | 67/77 | €23,662 | €21,639 | -€2,023 | -8.6% |
| Profit (loss) for the period | 9904 | €5,952 | -€17,066 | -€23,018 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,952 | -€17,066 | -€23,018 |
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 15 October 2026 via checked.be.