SOVIMA: 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.
SOVIMA
Largest movements
- Cash +€14,318
up €14,318 (+785.7%), from €1,822 to €16,140
mainly Accrued charges and deferred income (+€14,694) and Depreciation (+€10,725)
- Tangible fixed assets -€10,725
down €10,725 (-17.1%), from €62,606 to €51,881
- Receivables within one year -€7,142
down €7,142 (-17.6%), from €40,629 to €33,486
- Stocks and contracts +€5,432
up €5,432 (+53.3%), from €10,193 to €15,625
- Accrued charges and deferred income +€14,694
new in 2025: €14,694
- Debts after one year -€14,286
down €14,286 (-50.0%), from €28,570 to €14,284
- Profit (loss) carried forward +€7,057
up €7,057 (+14.4%), from €49,096 to €56,153
- Tax, wage and social debts -€5,201
down €5,201 (-37.3%), from €13,932 to €8,730
of which Taxes: -€4,201
- Gross operating margin -€8,722
down €8,722 (-22.8%), from €38,270 to €29,549
- Other operating charges -€2,388
down €2,388 (-19.7%), from €12,129 to €9,741
- Taxes +€853
up €853 (+74.9%), from €1,139 to €1,992
- Financial income +€630
new in 2025: €630
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 | €115,520 | €117,402 | +€1,882 | +1.6% |
| Fixed assets | 21/28 | €62,876 | €52,151 | -€10,725 | -17.1% |
| Tangible fixed assets | 22/27 | €62,606 | €51,881 | -€10,725 | -17.1% |
| Furniture and vehicles | 24 | €62,606 | €51,881 | -€10,725 | -17.1% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €52,644 | €65,251 | +€12,607 | +23.9% |
| Stocks and contracts in progress | 3 | €10,193 | €15,625 | +€5,432 | +53.3% |
| Stocks | 30/36 | €10,193 | €15,625 | +€5,432 | +53.3% |
| Amounts receivable within one year | 40/41 | €40,629 | €33,486 | -€7,142 | -17.6% |
| Trade receivables | 40 | €40,629 | €33,486 | -€7,142 | -17.6% |
| Cash at bank and in hand | 54/58 | €1,822 | €16,140 | +€14,318 | +785.7% |
| Total equity and liabilities | 10/49 | €115,520 | €117,402 | +€1,882 | +1.6% |
| Equity | 10/15 | €57,156 | €64,213 | +€7,057 | +12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,096 | €56,153 | +€7,057 | +14.4% |
| Amounts payable | 17/49 | €58,364 | €53,189 | -€5,175 | -8.9% |
| Amounts payable after more than one year | 17 | €28,570 | €14,284 | -€14,286 | -50.0% |
| Financial debts | 170/4 | €28,570 | €14,284 | -€14,286 | -50.0% |
| Amounts payable within one year | 42/48 | €29,794 | €24,212 | -€5,583 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €14,286 | €14,286 | = | 0.0% |
| Trade debts | 44 | €395 | €14 | -€381 | -96.5% |
| Suppliers | 440/4 | €395 | €14 | -€381 | -96.5% |
| Taxes, remuneration and social security | 45 | €13,932 | €8,730 | -€5,201 | -37.3% |
| Taxes | 450/3 | €12,932 | €8,730 | -€4,201 | -32.5% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €1,182 | €1,182 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €14,694 | +€14,694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,755 | €10,725 | -€29 | -0.3% |
| Other operating charges | 640/8 | €12,129 | €9,741 | -€2,388 | -19.7% |
| Gross operating margin | 9900 | €38,270 | €29,549 | -€8,722 | -22.8% |
| Operating profit (loss) | 9901 | €15,387 | €9,082 | -€6,305 | -41.0% |
| Financial income | 75/76B | - | €630 | +€630 | |
| Recurring financial income | 75 | - | €630 | +€630 | |
| Financial charges | 65/66B | €792 | €663 | -€129 | -16.3% |
| Recurring financial charges | 65 | €792 | €663 | -€129 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €14,595 | €9,049 | -€5,546 | -38.0% |
| Income taxes | 67/77 | €1,139 | €1,992 | +€853 | +74.9% |
| Profit (loss) for the period | 9904 | €13,456 | €7,057 | -€6,399 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,456 | €7,057 | -€6,399 | -47.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.