SOVJETREIZEN: 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.
SOVJETREIZEN
Largest movements
- Receivables within one year +€211,012
up €211,012 (+86.5%), from €243,882 to €454,895
of which Trade receivables: +€275,679
- Cash +€21,853
up €21,853 (+48.4%), from €45,176 to €67,029
mainly Trade debts (+€211,368) and Net result for the year (+€21,609)
- Trade debts +€211,368
up €211,368 (+343.8%), from €61,479 to €272,847
- Profit (loss) carried forward +€21,609
up €21,609 (+82.5%), from -€26,190 to -€4,581
- Gross operating margin -€116,783
down €116,783 (-82.0%), from €142,452 to €25,669
- Staff costs -€17,156
no longer reported in 2025 (was €17,156)
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 | €296,819 | €527,769 | +€230,950 | +77.8% |
| Fixed assets | 21/28 | €7,760 | €5,846 | -€1,915 | -24.7% |
| Tangible fixed assets | 22/27 | €7,760 | €5,846 | -€1,915 | -24.7% |
| Plant, machinery and equipment | 23 | €2,280 | €1,520 | -€760 | -33.3% |
| Furniture and vehicles | 24 | €1,001 | €252 | -€748 | -74.8% |
| Other tangible fixed assets | 26 | €4,480 | €4,074 | -€406 | -9.1% |
| Current assets | 29/58 | €289,059 | €521,923 | +€232,865 | +80.6% |
| Amounts receivable within one year | 40/41 | €243,882 | €454,895 | +€211,012 | +86.5% |
| Trade receivables | 40 | €107,785 | €383,465 | +€275,679 | +255.8% |
| Other amounts receivable | 41 | €136,097 | €71,430 | -€64,667 | -47.5% |
| Cash at bank and in hand | 54/58 | €45,176 | €67,029 | +€21,853 | +48.4% |
| Total equity and liabilities | 10/49 | €296,819 | €527,769 | +€230,950 | +77.8% |
| Equity | 10/15 | €132,450 | €154,059 | +€21,609 | +16.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €133,640 | €133,640 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €131,140 | €131,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,190 | -€4,581 | +€21,609 | +82.5% |
| Amounts payable | 17/49 | €164,369 | €373,710 | +€209,342 | +127.4% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €64,369 | €273,710 | +€209,342 | +325.2% |
| Trade debts | 44 | €61,479 | €272,847 | +€211,368 | +343.8% |
| Suppliers | 440/4 | €61,479 | €272,847 | +€211,368 | +343.8% |
| Taxes, remuneration and social security | 45 | €2,889 | €863 | -€2,026 | -70.1% |
| Taxes | 450/3 | €769 | €863 | +€94 | +12.3% |
| Remuneration and social security | 454/9 | €2,120 | - | -€2,120 | |
| Remuneration, social security and pensions | 62 | €17,156 | - | -€17,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,915 | €1,915 | = | 0.0% |
| Other operating charges | 640/8 | €309 | €318 | +€9 | +2.9% |
| Gross operating margin | 9900 | €142,452 | €25,669 | -€116,783 | -82.0% |
| Operating profit (loss) | 9901 | €123,072 | €23,437 | -€99,635 | -81.0% |
| Financial charges | 65/66B | €1,282 | €964 | -€318 | -24.8% |
| Recurring financial charges | 65 | €1,282 | €964 | -€318 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €121,790 | €22,472 | -€99,318 | -81.5% |
| Income taxes | 67/77 | - | €863 | +€863 | |
| Profit (loss) for the period | 9904 | €121,790 | €21,609 | -€100,181 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €121,790 | €21,609 | -€100,181 | -82.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.