Sovumed: 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.
Sovumed
Largest movements
- Cash +€251,479
up €251,479 (+214.2%), from €117,410 to €368,889
mainly Net result for the year (+€131,634) and Current investments (+€120,000)
- Current investments -€120,000
down €120,000 (-100.0%), from €120,000 to €0
- Deferred charges and accrued income -€30,559
down €30,559 (-34.4%), from €88,729 to €58,169
- Tangible fixed assets -€18,951
down €18,951 (-25.0%), from €75,659 to €56,708
of which Furniture and vehicles: -€11,608
- Reserves +€131,634
up €131,634 (+43.5%), from €302,541 to €434,175
- Tax, wage and social debts -€49,009
down €49,009 (-52.8%), from €92,866 to €43,857
- Gross operating margin -€7,207
down €7,207 (-3.6%), from €202,656 to €195,449
- Taxes +€3,996
up €3,996 (+9.3%), from €43,030 to €47,026
- Financial income +€3,502
up €3,502 (+744.6%), from €470 to €3,972
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 | €401,798 | €483,785 | +€81,987 | +20.4% |
| Fixed assets | 21/28 | €75,659 | €56,708 | -€18,951 | -25.0% |
| Tangible fixed assets | 22/27 | €75,659 | €56,708 | -€18,951 | -25.0% |
| Land and buildings | 22 | €26,316 | €24,778 | -€1,538 | -5.8% |
| Plant, machinery and equipment | 23 | €22,451 | €16,645 | -€5,805 | -25.9% |
| Furniture and vehicles | 24 | €26,893 | €15,285 | -€11,608 | -43.2% |
| Current assets | 29/58 | €326,139 | €427,076 | +€100,938 | +30.9% |
| Amounts receivable within one year | 40/41 | - | €18 | +€18 | |
| Other amounts receivable | 41 | - | €18 | +€18 | |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €117,410 | €368,889 | +€251,479 | +214.2% |
| Deferred charges and accrued income | 490/1 | €88,729 | €58,169 | -€30,559 | -34.4% |
| Total equity and liabilities | 10/49 | €401,798 | €483,785 | +€81,987 | +20.4% |
| Equity | 10/15 | €307,541 | €439,175 | +€131,634 | +42.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €302,541 | €434,175 | +€131,634 | +43.5% |
| Distributable reserves | 133 | €302,541 | €434,175 | +€131,634 | +43.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €94,257 | €44,609 | -€49,648 | -52.7% |
| Amounts payable within one year | 42/48 | €94,257 | €44,609 | -€49,648 | -52.7% |
| Trade debts | 44 | €814 | €752 | -€62 | -7.6% |
| Suppliers | 440/4 | €814 | €752 | -€62 | -7.6% |
| Taxes, remuneration and social security | 45 | €92,866 | €43,857 | -€49,009 | -52.8% |
| Taxes | 450/3 | €92,866 | €43,857 | -€49,009 | -52.8% |
| Other amounts payable | 47/48 | €577 | €0 | -€577 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,117 | €20,053 | +€936 | +4.9% |
| Other operating charges | 640/8 | €0 | €444 | +€444 | |
| Non-recurring operating charges | 66A | - | €94 | +€94 | |
| Gross operating margin | 9900 | €202,656 | €195,449 | -€7,207 | -3.6% |
| Operating profit (loss) | 9901 | €183,539 | €174,858 | -€8,681 | -4.7% |
| Financial income | 75/76B | €470 | €3,972 | +€3,502 | +744.6% |
| Recurring financial income | 75 | €470 | €3,972 | +€3,502 | +744.6% |
| Financial charges | 65/66B | €233 | €170 | -€63 | -27.0% |
| Recurring financial charges | 65 | €233 | €170 | -€63 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €183,777 | €178,660 | -€5,117 | -2.8% |
| Income taxes | 67/77 | €43,030 | €47,026 | +€3,996 | +9.3% |
| Profit (loss) for the period | 9904 | €140,747 | €131,634 | -€9,112 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €140,747 | €131,634 | -€9,112 | -6.5% |
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 30 September 2026 via checked.be.