Sovitalis: 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.
Sovitalis
Largest movements
- Tangible fixed assets -€25,421
down €25,421 (-4.2%), from €598,765 to €573,344
- Cash -€7,976
down €7,976 (-71.0%), from €11,237 to €3,262
mainly Contributions, distributions and other (-€30,228) and Debts after one year (-€26,749)
- Other debts +€38,365
up €38,365 (+106.8%), from €35,928 to €74,293
- Profit (loss) carried forward -€32,730
down €32,730, from €25,228 to -€7,502
- Debts after one year -€26,749
down €26,749 (-5.3%), from €508,096 to €481,347
- Tax, wage and social debts -€13,714
down €13,714 (-90.9%), from €15,087 to €1,373
- Gross operating margin -€57,606
down €57,606 (-63.6%), from €90,529 to €32,923
- Other operating charges -€45,646
down €45,646 (-99.6%), from €45,832 to €186
- Taxes -€15,087
no longer reported in 2025 (was €15,087)
- Financial charges -€8,319
down €8,319 (-45.9%), from €18,138 to €9,818
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 | €626,664 | €587,254 | -€39,410 | -6.3% |
| Fixed assets | 21/28 | €598,765 | €573,344 | -€25,421 | -4.2% |
| Tangible fixed assets | 22/27 | €598,765 | €573,344 | -€25,421 | -4.2% |
| Land and buildings | 22 | €598,765 | €573,344 | -€25,421 | -4.2% |
| Current assets | 29/58 | €27,899 | €13,909 | -€13,990 | -50.1% |
| Stocks and contracts in progress | 3 | €750 | €750 | = | 0.0% |
| Stocks | 30/36 | €750 | €750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,912 | €9,898 | -€6,014 | -37.8% |
| Trade receivables | 40 | €7,063 | €7,398 | +€334 | +4.7% |
| Other amounts receivable | 41 | €8,848 | €2,500 | -€6,348 | -71.7% |
| Cash at bank and in hand | 54/58 | €11,237 | €3,262 | -€7,976 | -71.0% |
| Total equity and liabilities | 10/49 | €626,664 | €587,254 | -€39,410 | -6.3% |
| Equity | 10/15 | €31,728 | -€1,002 | -€32,730 | |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,228 | -€7,502 | -€32,730 | |
| Amounts payable | 17/49 | €594,936 | €588,255 | -€6,680 | -1.1% |
| Amounts payable after more than one year | 17 | €508,096 | €481,347 | -€26,749 | -5.3% |
| Financial debts | 170/4 | €508,096 | €481,347 | -€26,749 | -5.3% |
| Amounts payable within one year | 42/48 | €84,220 | €104,289 | +€20,069 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | €26,261 | €26,749 | +€488 | +1.9% |
| Trade debts | 44 | €6,943 | €1,874 | -€5,070 | -73.0% |
| Suppliers | 440/4 | €6,943 | €1,874 | -€5,070 | -73.0% |
| Taxes, remuneration and social security | 45 | €15,087 | €1,373 | -€13,714 | -90.9% |
| Taxes | 450/3 | €15,087 | €1,373 | -€13,714 | -90.9% |
| Other amounts payable | 47/48 | €35,928 | €74,293 | +€38,365 | +106.8% |
| Accrued charges and deferred income | 492/3 | €2,620 | €2,620 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,540 | €25,421 | -€119 | -0.5% |
| Other operating charges | 640/8 | €45,832 | €186 | -€45,646 | -99.6% |
| Gross operating margin | 9900 | €90,529 | €32,923 | -€57,606 | -63.6% |
| Operating profit (loss) | 9901 | €19,157 | €7,316 | -€11,841 | -61.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -81.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -81.8% |
| Financial charges | 65/66B | €18,138 | €9,818 | -€8,319 | -45.9% |
| Recurring financial charges | 65 | €18,138 | €9,818 | -€8,319 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €1,020 | -€2,502 | -€3,522 | |
| Income taxes | 67/77 | €15,087 | - | -€15,087 | |
| Profit (loss) for the period | 9904 | -€14,067 | -€2,502 | +€11,565 | +82.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,067 | -€2,502 | +€11,565 | +82.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.