SOVLIMAR: 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.
SOVLIMAR
Largest movements
- Receivables within one year -€60,558
down €60,558 (-38.4%), from €157,760 to €97,201
of which Trade receivables: -€60,642
- Tangible fixed assets -€6,090
down €6,090 (-17.1%), from €35,521 to €29,431
of which Other tangible fixed assets: -€3,215
- Intangible fixed assets -€4,000
down €4,000 (-16.9%), from €23,660 to €19,660
- Trade debts -€38,244
down €38,244 (-15.5%), from €246,508 to €208,264
- Other debts -€24,815
down €24,815 (-8.4%), from €296,758 to €271,944
- Accrued charges and deferred income -€19,045
no longer reported in 2025 (was €19,045)
- Tax, wage and social debts +€17,343
up €17,343 (+41.3%), from €42,016 to €59,360
of which Taxes: +€20,435
- Profit (loss) carried forward -€6,242
down €6,242 (-1.7%), from -€373,940 to -€380,182
- Gross operating margin +€72,072
up €72,072 (+44.3%), from €162,597 to €234,669
- Staff costs -€5,959
down €5,959 (-2.7%), from €224,508 to €218,550
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,389 | €174,386 | -€71,003 | -28.9% |
| Fixed assets | 21/28 | €59,181 | €49,091 | -€10,090 | -17.0% |
| Intangible fixed assets | 21 | €23,660 | €19,660 | -€4,000 | -16.9% |
| Tangible fixed assets | 22/27 | €35,521 | €29,431 | -€6,090 | -17.1% |
| Plant, machinery and equipment | 23 | €17,792 | €14,917 | -€2,875 | -16.2% |
| Other tangible fixed assets | 26 | €17,729 | €14,514 | -€3,215 | -18.1% |
| Current assets | 29/58 | €186,207 | €125,294 | -€60,913 | -32.7% |
| Stocks and contracts in progress | 3 | €28,448 | €28,093 | -€354 | -1.2% |
| Stocks | 30/36 | €28,448 | €28,093 | -€354 | -1.2% |
| Amounts receivable within one year | 40/41 | €157,760 | €97,201 | -€60,558 | -38.4% |
| Trade receivables | 40 | €157,704 | €97,062 | -€60,642 | -38.5% |
| Other amounts receivable | 41 | €56 | €139 | +€84 | +149.9% |
| Total equity and liabilities | 10/49 | €245,389 | €174,386 | -€71,003 | -28.9% |
| Equity | 10/15 | -€358,940 | -€365,182 | -€6,242 | -1.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€373,940 | -€380,182 | -€6,242 | -1.7% |
| Amounts payable | 17/49 | €604,328 | €539,568 | -€64,761 | -10.7% |
| Amounts payable within one year | 42/48 | €585,283 | €539,568 | -€45,715 | -7.8% |
| Trade debts | 44 | €246,508 | €208,264 | -€38,244 | -15.5% |
| Suppliers | 440/4 | €246,508 | €208,264 | -€38,244 | -15.5% |
| Taxes, remuneration and social security | 45 | €42,016 | €59,360 | +€17,343 | +41.3% |
| Taxes | 450/3 | €728 | €21,163 | +€20,435 | +2805.7% |
| Remuneration and social security | 454/9 | €41,288 | €38,197 | -€3,091 | -7.5% |
| Other amounts payable | 47/48 | €296,758 | €271,944 | -€24,815 | -8.4% |
| Accrued charges and deferred income | 492/3 | €19,045 | - | -€19,045 | |
| Remuneration, social security and pensions | 62 | €224,508 | €218,550 | -€5,959 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,759 | €12,046 | +€1,287 | +12.0% |
| Other operating charges | 640/8 | €343 | €293 | -€50 | -14.5% |
| Gross operating margin | 9900 | €162,597 | €234,669 | +€72,072 | +44.3% |
| Operating profit (loss) | 9901 | -€73,013 | €3,780 | +€76,793 | |
| Financial charges | 65/66B | €11,529 | €9,912 | -€1,617 | -14.0% |
| Recurring financial charges | 65 | €11,529 | €9,912 | -€1,617 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€84,541 | -€6,132 | +€78,410 | +92.7% |
| Income taxes | 67/77 | €144 | €111 | -€34 | -23.3% |
| Profit (loss) for the period | 9904 | -€84,685 | -€6,242 | +€78,443 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,685 | -€6,242 | +€78,443 | +92.6% |
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 4 October 2026 via checked.be.