SoWim: 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.
SoWim
Largest movements
- Cash -€57,624
down €57,624 (-23.1%), from €249,834 to €192,210
mainly Contributions, distributions and other (-€127,974) and Trade debts (-€41,848)
- Tangible fixed assets -€8,636
down €8,636 (-20.3%), from €42,566 to €33,930
of which Furniture and vehicles: -€4,683
- Reserves -€127,974
down €127,974 (-21.1%), from €606,949 to €478,975
- Other debts +€122,368
new in 2025: €122,368
- Trade debts -€41,848
down €41,848 (-74.2%), from €56,432 to €14,584
- Tax, wage and social debts -€11,269
down €11,269 (-42.1%), from €26,764 to €15,495
- Gross operating margin -€33,767
down €33,767 (-70.7%), from €47,742 to €13,975
- Taxes -€10,759
down €10,759 (-72.8%), from €14,780 to €4,022
- Financial charges -€621
down €621 (-40.5%), from €1,535 to €914
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 | €740,033 | €680,004 | -€60,029 | -8.1% |
| Fixed assets | 21/28 | €42,566 | €33,930 | -€8,636 | -20.3% |
| Tangible fixed assets | 22/27 | €42,566 | €33,930 | -€8,636 | -20.3% |
| Plant, machinery and equipment | 23 | €5,406 | €4,058 | -€1,347 | -24.9% |
| Furniture and vehicles | 24 | €18,521 | €13,837 | -€4,683 | -25.3% |
| Other tangible fixed assets | 26 | €18,640 | €16,034 | -€2,605 | -14.0% |
| Current assets | 29/58 | €697,467 | €646,074 | -€51,393 | -7.4% |
| Amounts receivable after more than one year | 29 | €141,184 | €145,067 | +€3,883 | +2.7% |
| Other amounts receivable | 291 | €141,184 | €145,067 | +€3,883 | +2.7% |
| Amounts receivable within one year | 40/41 | €245,881 | €249,719 | +€3,837 | +1.6% |
| Trade receivables | 40 | €64,406 | €83,194 | +€18,788 | +29.2% |
| Other amounts receivable | 41 | €181,475 | €166,525 | -€14,950 | -8.2% |
| Current investments | 50/53 | €55,842 | €54,066 | -€1,775 | -3.2% |
| Cash at bank and in hand | 54/58 | €249,834 | €192,210 | -€57,624 | -23.1% |
| Deferred charges and accrued income | 490/1 | €4,726 | €5,012 | +€286 | +6.0% |
| Total equity and liabilities | 10/49 | €740,033 | €680,004 | -€60,029 | -8.1% |
| Equity | 10/15 | €619,349 | €491,556 | -€127,793 | -20.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €606,949 | €478,975 | -€127,974 | -21.1% |
| Distributable reserves | 133 | €606,949 | €478,975 | -€127,974 | -21.1% |
| Profit (loss) carried forward | 14 | - | €181 | +€181 | |
| Provisions and deferred taxes | 16 | €32,479 | €32,479 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €32,479 | €32,479 | = | 0.0% |
| Pensions and similar obligations | 160 | €32,479 | €32,479 | = | 0.0% |
| Amounts payable | 17/49 | €88,204 | €155,968 | +€67,764 | +76.8% |
| Amounts payable after more than one year | 17 | €3,568 | €1,988 | -€1,581 | -44.3% |
| Financial debts | 170/4 | €3,568 | €1,988 | -€1,581 | -44.3% |
| Amounts payable within one year | 42/48 | €84,636 | €153,981 | +€69,345 | +81.9% |
| Current portion of amounts payable after more than one year | 42 | €1,440 | €1,534 | +€94 | +6.5% |
| Trade debts | 44 | €56,432 | €14,584 | -€41,848 | -74.2% |
| Suppliers | 440/4 | €56,432 | €14,584 | -€41,848 | -74.2% |
| Taxes, remuneration and social security | 45 | €26,764 | €15,495 | -€11,269 | -42.1% |
| Taxes | 450/3 | €26,764 | €15,495 | -€11,269 | -42.1% |
| Other amounts payable | 47/48 | - | €122,368 | +€122,368 | |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,398 | €9,288 | -€110 | -1.2% |
| Other operating charges | 640/8 | €3,149 | €3,066 | -€83 | -2.6% |
| Non-recurring operating charges | 66A | - | €1,775 | +€1,775 | |
| Gross operating margin | 9900 | €47,742 | €13,975 | -€33,767 | -70.7% |
| Operating profit (loss) | 9901 | €35,195 | -€154 | -€35,350 | |
| Financial income | 75/76B | €5,530 | €5,270 | -€260 | -4.7% |
| Recurring financial income | 75 | €5,530 | €5,270 | -€260 | -4.7% |
| Financial charges | 65/66B | €1,535 | €914 | -€621 | -40.5% |
| Recurring financial charges | 65 | €1,535 | €914 | -€621 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €39,191 | €4,202 | -€34,988 | -89.3% |
| Income taxes | 67/77 | €14,780 | €4,022 | -€10,759 | -72.8% |
| Profit (loss) for the period | 9904 | €24,411 | €181 | -€24,230 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,411 | €181 | -€24,230 | -99.3% |
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.