SOVITEC MONDIAL: 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.
SOVITEC MONDIAL
Largest movements
- Receivables within one year +€3.5m
up €3.5m (+33.7%), from €10.3m to €13.7m
of which Other amounts receivable: +€5.0m
- Financial fixed assets +€1.5m
up €1.5m (+8.3%), from €18.5m to €20.0m
- Cash -€444,996
down €444,996 (-20.7%), from €2.2m to €1.7m
mainly Receivables within one year (-€3.5m) and Investment in fixed assets (net) (-€1.5m)
- Other debts +€3.6m
up €3.6m (+23.0%), from €15.8m to €19.4m
- Short-term financial debts +€703,190
up €703,190 (+30.6%), from €2.3m to €3.0m
No income-statement line moved by more than 1% of the activity.
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.
Derived cash bridge
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 | €30,897,625 | €35,443,612 | +€4.5m | +14.7% |
| Fixed assets | 21/28 | €18,476,343 | €20,006,343 | +€1.5m | +8.3% |
| Financial fixed assets | 28 | €18,476,343 | €20,006,343 | +€1.5m | +8.3% |
| Affiliated companies | 280/1 | €18,476,343 | €20,006,343 | +€1.5m | +8.3% |
| Participating interests | 280 | €18,476,343 | €20,006,343 | +€1.5m | +8.3% |
| Current assets | 29/58 | €12,421,282 | €15,437,269 | +€3.0m | +24.3% |
| Amounts receivable within one year | 40/41 | €10,267,272 | €13,728,255 | +€3.5m | +33.7% |
| Trade receivables | 40 | €1,530,000 | - | -€1.5m | |
| Other amounts receivable | 41 | €8,737,272 | €13,728,255 | +€5.0m | +57.1% |
| Cash at bank and in hand | 54/58 | €2,154,010 | €1,709,014 | -€444,996 | -20.7% |
| Total equity and liabilities | 10/49 | €30,897,625 | €35,443,612 | +€4.5m | +14.7% |
| Equity | 10/15 | €12,755,372 | €12,959,310 | +€203,938 | +1.6% |
| Contributions | 10/11 | €14,462,500 | €14,462,500 | = | 0.0% |
| Capital | 10 | €962,635 | €962,635 | = | 0.0% |
| Issued capital | 100 | €962,635 | €962,635 | = | 0.0% |
| Contributions outside capital | 11 | €13,499,865 | €13,499,865 | = | 0.0% |
| Share premium | 1100/10 | €13,499,865 | €13,499,865 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,707,128 | -€1,503,190 | +€203,938 | +11.9% |
| Amounts payable | 17/49 | €18,142,253 | €22,484,302 | +€4.3m | +23.9% |
| Amounts payable within one year | 42/48 | €18,142,253 | €22,484,302 | +€4.3m | +23.9% |
| Financial debts | 43 | €2,298,291 | €3,001,481 | +€703,190 | +30.6% |
| Credit institutions | 430/8 | €2,298,291 | €3,001,481 | +€703,190 | +30.6% |
| Trade debts | 44 | €39,608 | €41,728 | +€2,119 | +5.4% |
| Suppliers | 440/4 | €39,608 | €41,728 | +€2,119 | +5.4% |
| Other amounts payable | 47/48 | €15,804,354 | €19,441,093 | +€3.6m | +23.0% |
| Operating charges | 60/66A | €34,922 | €42,348 | +€7,426 | +21.3% |
| Services and other goods | 61 | €34,872 | €38,534 | +€3,661 | +10.5% |
| Other operating charges | 640/8 | €50 | €3,815 | +€3,765 | +7,530% |
| Operating profit (loss) | 9901 | -€34,922 | -€42,348 | -€7,426 | -21.3% |
| Financial income | 75/76B | €549,694 | €364,651 | -€185,043 | -33.7% |
| Recurring financial income | 75 | €549,694 | €364,651 | -€185,043 | -33.7% |
| Income from current assets | 751 | €549,694 | €364,651 | -€185,043 | -33.7% |
| Financial charges | 65/66B | €164,409 | €118,365 | -€46,045 | -28.0% |
| Recurring financial charges | 65 | €164,409 | €118,365 | -€46,045 | -28.0% |
| Debt charges | 650 | €159,314 | €112,189 | -€47,125 | -29.6% |
| Other financial charges | 652/9 | €5,095 | €6,175 | +€1,080 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €350,362 | €203,938 | -€146,425 | -41.8% |
| Profit (loss) for the period | 9904 | €350,362 | €203,938 | -€146,425 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €350,362 | €203,938 | -€146,425 | -41.8% |
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 15 October 2026 via checked.be.