SOVITA: 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.
SOVITA
Largest movements
- Cash +€58,032
up €58,032 (+146.4%), from €39,650 to €97,682
mainly Other debts (+€75,525) and Net result for the year (+€38,618)
- Receivables after one year -€30,000
no longer reported in 2025 (was €30,000)
- Receivables within one year -€21,257
down €21,257 (-11.4%), from €186,414 to €165,157
of which Trade receivables: -€11,257
- Tangible fixed assets +€4,714
up €4,714 (+29.9%), from €15,779 to €20,493
of which Land and buildings: +€6,300
- Other debts +€75,525
new in 2025: €75,525
- Reserves -€41,500
down €41,500 (-17.1%), from €243,105 to €201,605
of which Distributable reserves: -€41,500
- Trade debts -€28,703
down €28,703 (-84.3%), from €34,044 to €5,341
- Tax, wage and social debts +€5,549
up €5,549 (+27.4%), from €20,272 to €25,821
- Gross operating margin -€26,562
down €26,562 (-28.1%), from €94,586 to €68,024
- Depreciation +€4,577
up €4,577 (+172.6%), from €2,652 to €7,229
- Taxes +€3,461
up €3,461 (+19.0%), from €18,195 to €21,656
- Other operating charges -€1,575
down €1,575 (-73.7%), from €2,137 to €562
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 | €303,943 | €315,432 | +€11,489 | +3.8% |
| Fixed assets | 21/28 | €47,879 | €52,593 | +€4,714 | +9.8% |
| Tangible fixed assets | 22/27 | €15,779 | €20,493 | +€4,714 | +29.9% |
| Land and buildings | 22 | €911 | €7,211 | +€6,300 | +691.5% |
| Plant, machinery and equipment | 23 | €1,352 | €5,365 | +€4,013 | +296.8% |
| Furniture and vehicles | 24 | €13,516 | €7,917 | -€5,599 | -41.4% |
| Financial fixed assets | 28 | €32,100 | €32,100 | = | 0.0% |
| Current assets | 29/58 | €256,064 | €262,839 | +€6,775 | +2.6% |
| Amounts receivable after more than one year | 29 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 291 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €186,414 | €165,157 | -€21,257 | -11.4% |
| Trade receivables | 40 | €156,414 | €145,157 | -€11,257 | -7.2% |
| Other amounts receivable | 41 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €39,650 | €97,682 | +€58,032 | +146.4% |
| Total equity and liabilities | 10/49 | €303,943 | €315,432 | +€11,489 | +3.8% |
| Equity | 10/15 | €249,627 | €208,745 | -€40,882 | -16.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €243,105 | €201,605 | -€41,500 | -17.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €241,245 | €199,745 | -€41,500 | -17.2% |
| Profit (loss) carried forward | 14 | €222 | €840 | +€618 | +278.4% |
| Amounts payable | 17/49 | €54,316 | €106,687 | +€52,371 | +96.4% |
| Amounts payable within one year | 42/48 | €54,316 | €106,687 | +€52,371 | +96.4% |
| Trade debts | 44 | €34,044 | €5,341 | -€28,703 | -84.3% |
| Suppliers | 440/4 | €34,044 | €5,341 | -€28,703 | -84.3% |
| Taxes, remuneration and social security | 45 | €20,272 | €25,821 | +€5,549 | +27.4% |
| Taxes | 450/3 | €20,272 | €25,821 | +€5,549 | +27.4% |
| Other amounts payable | 47/48 | - | €75,525 | +€75,525 | |
| Non-recurring operating income | 76A | €2,015 | - | -€2,015 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,652 | €7,229 | +€4,577 | +172.6% |
| Other operating charges | 640/8 | €2,137 | €562 | -€1,575 | -73.7% |
| Gross operating margin | 9900 | €94,586 | €68,024 | -€26,562 | -28.1% |
| Operating profit (loss) | 9901 | €89,797 | €60,233 | -€29,564 | -32.9% |
| Financial income | 75/76B | €68 | €243 | +€175 | +257.4% |
| Recurring financial income | 75 | €68 | €243 | +€175 | +257.4% |
| Financial charges | 65/66B | €140 | €202 | +€62 | +44.3% |
| Recurring financial charges | 65 | €140 | €202 | +€62 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €89,725 | €60,274 | -€29,451 | -32.8% |
| Income taxes | 67/77 | €18,195 | €21,656 | +€3,461 | +19.0% |
| Profit (loss) for the period | 9904 | €71,530 | €38,618 | -€32,912 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,530 | €38,618 | -€32,912 | -46.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.