SOVIBE: 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.
SOVIBE
Largest movements
- Cash -€127,071
down €127,071 (-62.2%), from €204,216 to €77,145
mainly Contributions, distributions and other (-€120,000) and Investment in fixed assets (net) (-€31,451)
- Receivables within one year +€14,329
new in 2025: €14,329
- Reserves -€113,353
down €113,353 (-28.5%), from €397,685 to €284,332
of which Distributable reserves: -€113,353
- Gross operating margin -€15,781
down €15,781 (-20.3%), from €77,747 to €61,965
- Other operating charges +€15,303
up €15,303 (+316.7%), from €4,832 to €20,135
- Financial income -€4,577
down €4,577 (-41.1%), from €11,135 to €6,558
- Taxes -€2,932
down €2,932 (-16.6%), from €17,632 to €14,700
- Depreciation +€1,342
up €1,342 (+5.3%), from €25,218 to €26,560
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 | €930,885 | €823,240 | -€107,645 | -11.6% |
| Fixed assets | 21/28 | €209,192 | €214,083 | +€4,891 | +2.3% |
| Tangible fixed assets | 22/27 | €209,174 | €214,064 | +€4,891 | +2.3% |
| Land and buildings | 22 | €204,105 | €185,301 | -€18,805 | -9.2% |
| Other tangible fixed assets | 26 | €5,069 | €28,764 | +€23,695 | +467.5% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €721,692 | €609,157 | -€112,535 | -15.6% |
| Amounts receivable within one year | 40/41 | - | €14,329 | +€14,329 | |
| Other amounts receivable | 41 | - | €14,329 | +€14,329 | |
| Current investments | 50/53 | €515,609 | €515,609 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €204,216 | €77,145 | -€127,071 | -62.2% |
| Deferred charges and accrued income | 490/1 | €1,867 | €2,074 | +€207 | +11.1% |
| Total equity and liabilities | 10/49 | €930,885 | €823,240 | -€107,645 | -11.6% |
| Equity | 10/15 | €923,341 | €809,988 | -€113,353 | -12.3% |
| Contributions | 10/11 | €232,200 | €232,200 | = | 0.0% |
| Capital | 10 | €232,200 | €232,200 | = | 0.0% |
| Issued capital | 100 | €232,200 | €232,200 | = | 0.0% |
| Reserves | 13 | €397,685 | €284,332 | -€113,353 | -28.5% |
| Non-distributable reserves | 130/1 | €23,220 | €23,220 | = | 0.0% |
| Legal reserve | 130 | €23,220 | €23,220 | = | 0.0% |
| Distributable reserves | 133 | €374,465 | €261,112 | -€113,353 | -30.3% |
| Profit (loss) carried forward | 14 | €293,457 | €293,457 | = | 0.0% |
| Amounts payable | 17/49 | €7,544 | €13,252 | +€5,708 | +75.7% |
| Amounts payable within one year | 42/48 | €5,544 | €9,930 | +€4,387 | +79.1% |
| Trade debts | 44 | €1,386 | €9,266 | +€7,880 | +568.5% |
| Suppliers | 440/4 | €1,386 | €9,266 | +€7,880 | +568.5% |
| Taxes, remuneration and social security | 45 | €4,000 | €665 | -€3,335 | -83.4% |
| Taxes | 450/3 | €4,000 | €665 | -€3,335 | -83.4% |
| Other amounts payable | 47/48 | €157 | - | -€157 | |
| Accrued charges and deferred income | 492/3 | €2,000 | €3,321 | +€1,321 | +66.1% |
| Non-recurring operating income | 76A | - | €5,072 | +€5,072 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,218 | €26,560 | +€1,342 | +5.3% |
| Other operating charges | 640/8 | €4,832 | €20,135 | +€15,303 | +316.7% |
| Gross operating margin | 9900 | €77,747 | €61,965 | -€15,781 | -20.3% |
| Operating profit (loss) | 9901 | €47,697 | €15,270 | -€32,426 | -68.0% |
| Financial income | 75/76B | €11,135 | €6,558 | -€4,577 | -41.1% |
| Recurring financial income | 75 | €11,135 | €6,558 | -€4,577 | -41.1% |
| Financial charges | 65/66B | €936 | €481 | -€456 | -48.7% |
| Recurring financial charges | 65 | €936 | €481 | -€456 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €57,896 | €21,348 | -€36,548 | -63.1% |
| Income taxes | 67/77 | €17,632 | €14,700 | -€2,932 | -16.6% |
| Profit (loss) for the period | 9904 | €40,263 | €6,647 | -€33,616 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,263 | €6,647 | -€33,616 | -83.5% |
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 1 October 2026 via checked.be.