Sovinaldi: 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.
Sovinaldi
Largest movements
- Receivables within one year +€659,362
up €659,362 (+57.3%), from €1.2m to €1.8m
of which Trade receivables: +€690,143
- Stocks and contracts -€120,970
no longer reported in 2024 (was €120,970)
- Trade debts +€544,104
up €544,104, from €0 to €544,104
- Profit (loss) carried forward -€22,458
new in 2024: -€22,458
- Tax, wage and social debts +€21,828
up €21,828 (+231.5%), from €9,430 to €31,258
- Purchases and services +€2.2m
new in 2024: €2.2m
- Gross operating margin -€103,633
down €103,633, from €81,461 to -€22,172
- Taxes -€28,457
no longer reported in 2024 (was €28,457)
- Financial charges -€4,618
down €4,618 (-96.5%), from €4,786 to €168
- Financial income -€1,039
no longer reported in 2024 (was €1,039)
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 | €1,280,564 | €1,824,038 | +€543,474 | +42.4% |
| Current assets | 29/58 | €1,280,564 | €1,824,038 | +€543,474 | +42.4% |
| Stocks and contracts in progress | 3 | €120,970 | - | -€120,970 | |
| Stocks | 30/36 | €120,970 | - | -€120,970 | |
| Amounts receivable within one year | 40/41 | €1,150,141 | €1,809,503 | +€659,362 | +57.3% |
| Trade receivables | 40 | €598,964 | €1,289,107 | +€690,143 | +115.2% |
| Other amounts receivable | 41 | €551,177 | €520,396 | -€30,781 | -5.6% |
| Cash at bank and in hand | 54/58 | €9,453 | €13,285 | +€3,832 | +40.5% |
| Deferred charges and accrued income | 490/1 | €0 | €1,249 | +€1,249 | |
| Total equity and liabilities | 10/49 | €1,280,564 | €1,824,038 | +€543,474 | +42.4% |
| Equity | 10/15 | €1,271,134 | €1,248,676 | -€22,458 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,264,934 | €1,264,934 | = | 0.0% |
| Distributable reserves | 133 | €1,264,934 | €1,264,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,458 | -€22,458 | |
| Amounts payable | 17/49 | €9,430 | €575,362 | +€565,932 | +6001.6% |
| Amounts payable within one year | 42/48 | €9,430 | €575,362 | +€565,932 | +6001.6% |
| Trade debts | 44 | €0 | €544,104 | +€544,104 | |
| Suppliers | 440/4 | €0 | €544,104 | +€544,104 | |
| Taxes, remuneration and social security | 45 | €9,430 | €31,258 | +€21,828 | +231.5% |
| Taxes | 450/3 | €9,430 | €31,258 | +€21,828 | +231.5% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,153,738 | +€2.2m | |
| Other operating charges | 640/8 | €1,104 | €118 | -€986 | -89.3% |
| Gross operating margin | 9900 | €81,461 | -€22,172 | -€103,633 | |
| Operating profit (loss) | 9901 | €80,357 | -€22,290 | -€102,647 | |
| Financial income | 75/76B | €1,039 | - | -€1,039 | |
| Recurring financial income | 75 | €1,039 | - | -€1,039 | |
| Financial charges | 65/66B | €4,786 | €168 | -€4,618 | -96.5% |
| Recurring financial charges | 65 | €4,786 | €168 | -€4,618 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | €76,610 | -€22,458 | -€99,068 | |
| Income taxes | 67/77 | €28,457 | - | -€28,457 | |
| Profit (loss) for the period | 9904 | €48,153 | -€22,458 | -€70,612 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,153 | -€22,458 | -€70,612 |
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 30 September 2026 via checked.be.