SOVIMO: 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.
SOVIMO
Largest movements
- Cash +€25,617
up €25,617 (+156.5%), from €16,368 to €41,985
mainly Debts after one year (+€244,622) and Other debts (+€53,681)
- Tangible fixed assets -€17,907
down €17,907 (-6.2%), from €289,930 to €272,023
- Contributions -€609,500
down €609,500 (-90.8%), from €671,000 to €61,500
- Profit (loss) carried forward +€305,028
up €305,028 (+83.6%), from -€364,877 to -€59,849
- Debts after one year +€244,622
new in 2024: €244,622
- Other debts +€53,681
new in 2024: €53,681
- Trade debts +€13,361
up €13,361 (+7634.8%), from €175 to €13,536
- Gross operating margin -€52,082
down €52,082, from €21,481 to -€30,601
- Turnover -€25,200
no longer reported in 2024 (was €25,200)
- Purchases and services -€3,719
no longer reported in 2024 (was €3,719)
- Other operating charges +€408
up €408 (+3.8%), from €10,746 to €11,154
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €306,298 | €314,008 | +€7,710 | +2.5% |
| Fixed assets | 21/28 | €289,930 | €272,023 | -€17,907 | -6.2% |
| Tangible fixed assets | 22/27 | €289,930 | €272,023 | -€17,907 | -6.2% |
| Land and buildings | 22 | €289,930 | €272,023 | -€17,907 | -6.2% |
| Current assets | 29/58 | €16,368 | €41,985 | +€25,617 | +156.5% |
| Cash at bank and in hand | 54/58 | €16,368 | €41,985 | +€25,617 | +156.5% |
| Total equity and liabilities | 10/49 | €306,298 | €314,008 | +€7,710 | +2.5% |
| Equity | 10/15 | €306,123 | €1,651 | -€304,472 | -99.5% |
| Contributions | 10/11 | €671,000 | €61,500 | -€609,500 | -90.8% |
| Capital | 10 | €671,000 | €61,500 | -€609,500 | -90.8% |
| Issued capital | 100 | €671,000 | €61,500 | -€609,500 | -90.8% |
| Profit (loss) carried forward | 14 | -€364,877 | -€59,849 | +€305,028 | +83.6% |
| Amounts payable | 17/49 | €175 | €312,357 | +€312,182 | +178389.7% |
| Amounts payable after more than one year | 17 | - | €244,622 | +€244,622 | |
| Financial debts | 170/4 | - | €244,622 | +€244,622 | |
| Amounts payable within one year | 42/48 | €175 | €67,217 | +€67,042 | +38309.7% |
| Trade debts | 44 | €175 | €13,536 | +€13,361 | +7634.8% |
| Suppliers | 440/4 | €175 | €13,536 | +€13,361 | +7634.8% |
| Other amounts payable | 47/48 | - | €53,681 | +€53,681 | |
| Accrued charges and deferred income | 492/3 | - | €518 | +€518 | |
| Turnover | 70 | €25,200 | - | -€25,200 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,719 | - | -€3,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,728 | €17,907 | +€179 | +1.0% |
| Other operating charges | 640/8 | €10,746 | €11,154 | +€408 | +3.8% |
| Gross operating margin | 9900 | €21,481 | -€30,601 | -€52,082 | |
| Operating profit (loss) | 9901 | -€6,993 | -€59,661 | -€52,668 | -753.2% |
| Financial charges | 65/66B | - | €188 | +€188 | |
| Recurring financial charges | 65 | - | €188 | +€188 | |
| Profit (loss) for the period before taxes | 9903 | -€6,993 | -€59,849 | -€52,856 | -755.8% |
| Profit (loss) for the period | 9904 | -€6,993 | -€59,849 | -€52,856 | -755.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,993 | -€59,849 | -€52,856 | -755.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.