SOWILO: 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.
SOWILO
Largest movements
- Cash +€13,008
up €13,008 (+268.0%), from €4,853 to €17,862
mainly Trade debts (+€19,777) and Other debts (+€18,249)
- Tangible fixed assets -€11,918
down €11,918 (-13.4%), from €88,655 to €76,738
- Profit (loss) carried forward -€45,386
down €45,386 (-210.8%), from -€21,527 to -€66,913
- Trade debts +€19,777
new in 2025: €19,777
- Other debts +€18,249
up €18,249 (+389.9%), from €4,680 to €22,929
- Current portion of long-term debt +€11,342
up €11,342 (+102.0%), from €11,125 to €22,467
- Debts after one year -€9,757
down €9,757 (-12.5%), from €77,875 to €68,118
- Staff costs +€13,990
up €13,990 (+26.4%), from €53,044 to €67,035
- Depreciation +€3,743
up €3,743 (+45.8%), from €8,175 to €11,918
- Gross operating margin -€3,195
down €3,195 (-7.8%), from €40,836 to €37,641
- Financial charges +€2,724
up €2,724 (+231.7%), from €1,176 to €3,900
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 | €98,464 | €100,403 | +€1,939 | +2.0% |
| Fixed assets | 21/28 | €88,655 | €76,738 | -€11,918 | -13.4% |
| Tangible fixed assets | 22/27 | €88,655 | €76,738 | -€11,918 | -13.4% |
| Land and buildings | 22 | €40,293 | €34,821 | -€5,472 | -13.6% |
| Plant, machinery and equipment | 23 | €7,026 | €5,428 | -€1,597 | -22.7% |
| Other tangible fixed assets | 26 | €41,337 | €36,488 | -€4,848 | -11.7% |
| Current assets | 29/58 | €9,808 | €23,665 | +€13,857 | +141.3% |
| Amounts receivable within one year | 40/41 | €4,867 | €5,766 | +€899 | +18.5% |
| Trade receivables | 40 | €4,867 | - | -€4,867 | |
| Other amounts receivable | 41 | - | €5,766 | +€5,766 | |
| Cash at bank and in hand | 54/58 | €4,853 | €17,862 | +€13,008 | +268.0% |
| Deferred charges and accrued income | 490/1 | €88 | €37 | -€51 | -57.7% |
| Total equity and liabilities | 10/49 | €98,464 | €100,403 | +€1,939 | +2.0% |
| Equity | 10/15 | -€1,527 | -€46,913 | -€45,386 | -2972.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,527 | -€66,913 | -€45,386 | -210.8% |
| Amounts payable | 17/49 | €99,991 | €147,315 | +€47,325 | +47.3% |
| Amounts payable after more than one year | 17 | €77,875 | €68,118 | -€9,757 | -12.5% |
| Financial debts | 170/4 | €77,875 | €68,118 | -€9,757 | -12.5% |
| Amounts payable within one year | 42/48 | €22,116 | €79,198 | +€57,082 | +258.1% |
| Current portion of amounts payable after more than one year | 42 | €11,125 | €22,467 | +€11,342 | +102.0% |
| Trade debts | 44 | - | €19,777 | +€19,777 | |
| Suppliers | 440/4 | - | €19,777 | +€19,777 | |
| Taxes, remuneration and social security | 45 | €6,310 | €14,024 | +€7,714 | +122.2% |
| Taxes | 450/3 | €1,508 | - | -€1,508 | |
| Remuneration and social security | 454/9 | €4,802 | €14,024 | +€9,222 | +192.0% |
| Other amounts payable | 47/48 | €4,680 | €22,929 | +€18,249 | +389.9% |
| Remuneration, social security and pensions | 62 | €53,044 | €67,035 | +€13,990 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,175 | €11,918 | +€3,743 | +45.8% |
| Other operating charges | 640/8 | €21 | €176 | +€155 | +756.2% |
| Gross operating margin | 9900 | €40,836 | €37,641 | -€3,195 | -7.8% |
| Operating profit (loss) | 9901 | -€20,404 | -€41,487 | -€21,083 | -103.3% |
| Financial income | 75/76B | €53 | €1 | -€52 | -98.5% |
| Recurring financial income | 75 | €53 | €1 | -€52 | -98.5% |
| Financial charges | 65/66B | €1,176 | €3,900 | +€2,724 | +231.7% |
| Recurring financial charges | 65 | €1,176 | €3,900 | +€2,724 | +231.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,527 | -€45,386 | -€23,859 | -110.8% |
| Profit (loss) for the period | 9904 | -€21,527 | -€45,386 | -€23,859 | -110.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,527 | -€45,386 | -€23,859 | -110.8% |
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 11 October 2026 via checked.be.