SOWIDEIN: 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.
SOWIDEIN
Largest movements
- Financial fixed assets +€240,000
new in 2025: €240,000
- Receivables within one year -€30,499
down €30,499 (-28.3%), from €107,720 to €77,221
of which Other amounts receivable: -€31,613
- Other debts +€213,548
up €213,548 (+145.7%), from €146,519 to €360,067
- Trade debts -€4,290
down €4,290 (-86.6%), from €4,952 to €661
- Gross operating margin +€13,354
up €13,354 (+97.7%), from -€13,670 to -€316
- Depreciation -€7,043
no longer reported in 2025 (was €7,043)
- Other operating charges -€867
no longer reported in 2025 (was €867)
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 | €122,940 | €331,650 | +€208,710 | +169.8% |
| Fixed assets | 21/28 | €14,086 | €254,086 | +€240,000 | +1703.9% |
| Tangible fixed assets | 22/27 | €14,086 | €14,086 | = | 0.0% |
| Furniture and vehicles | 24 | €14,086 | €14,086 | = | 0.0% |
| Financial fixed assets | 28 | - | €240,000 | +€240,000 | |
| Current assets | 29/58 | €108,855 | €77,565 | -€31,290 | -28.7% |
| Amounts receivable within one year | 40/41 | €107,720 | €77,221 | -€30,499 | -28.3% |
| Trade receivables | 40 | - | €1,115 | +€1,115 | |
| Other amounts receivable | 41 | €107,720 | €76,106 | -€31,613 | -29.3% |
| Cash at bank and in hand | 54/58 | €567 | €344 | -€224 | -39.4% |
| Deferred charges and accrued income | 490/1 | €568 | - | -€568 | |
| Total equity and liabilities | 10/49 | €122,940 | €331,650 | +€208,710 | +169.8% |
| Equity | 10/15 | -€28,701 | -€29,078 | -€378 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,644 | €21,644 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,784 | €19,784 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,545 | -€56,922 | -€378 | -0.7% |
| Amounts payable | 17/49 | €151,641 | €360,729 | +€209,087 | +137.9% |
| Amounts payable within one year | 42/48 | €151,641 | €360,729 | +€209,087 | +137.9% |
| Trade debts | 44 | €4,952 | €661 | -€4,290 | -86.6% |
| Suppliers | 440/4 | €4,952 | €661 | -€4,290 | -86.6% |
| Taxes, remuneration and social security | 45 | €171 | - | -€171 | |
| Taxes | 450/3 | €171 | - | -€171 | |
| Other amounts payable | 47/48 | €146,519 | €360,067 | +€213,548 | +145.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,043 | - | -€7,043 | |
| Other operating charges | 640/8 | €867 | - | -€867 | |
| Gross operating margin | 9900 | -€13,670 | -€316 | +€13,354 | +97.7% |
| Operating profit (loss) | 9901 | -€21,580 | -€316 | +€21,264 | +98.5% |
| Financial charges | 65/66B | €53 | €19 | -€34 | -63.8% |
| Recurring financial charges | 65 | €53 | €19 | -€34 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,632 | -€335 | +€21,298 | +98.5% |
| Income taxes | 67/77 | €171 | €43 | -€128 | -75.0% |
| Profit (loss) for the period | 9904 | -€21,803 | -€378 | +€21,426 | +98.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,803 | -€378 | +€21,426 | +98.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.