SOWY COMMUNICATION: 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.
SOWY COMMUNICATION
Largest movements
- Receivables within one year -€9,552
down €9,552 (-83.4%), from €11,453 to €1,902
of which Trade receivables: -€7,581
- Cash -€5,211
down €5,211 (-16.6%), from €31,452 to €26,241
mainly Net result for the year (-€14,341) and Current portion of long-term debt (-€1,843)
- Tangible fixed assets -€3,745
down €3,745 (-80.1%), from €4,676 to €931
of which Furniture and vehicles: -€3,745
- Profit (loss) carried forward -€14,341
down €14,341, from €5,887 to -€8,454
- Current portion of long-term debt -€1,843
down €1,843 (-66.4%), from €2,778 to €935
- Tax, wage and social debts -€1,144
down €1,144 (-33.8%), from €3,383 to €2,239
of which Remuneration and social security: -€1,568
- Trade debts -€949
down €949 (-37.0%), from €2,565 to €1,616
- Debts after one year -€935
down €935 (-100%), from €935 to €0
- Gross operating margin -€14,458
down €14,458, from €13,514 to -€944
- Staff costs -€2,693
down €2,693 (-26.3%), from €10,233 to €7,540
- Other operating charges -€1,304
down €1,304 (-60.5%), from €2,155 to €851
- Depreciation -€369
down €369 (-7.6%), from €4,874 to €4,505
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.
Derived cash bridge
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 | €48,947 | €30,433 | -€18,514 | -37.8% |
| Fixed assets | 21/28 | €4,676 | €931 | -€3,745 | -80.1% |
| Tangible fixed assets | 22/27 | €4,676 | €931 | -€3,745 | -80.1% |
| Furniture and vehicles | 24 | €4,676 | €931 | -€3,745 | -80.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €44,271 | €29,502 | -€14,769 | -33.4% |
| Amounts receivable within one year | 40/41 | €11,453 | €1,902 | -€9,552 | -83.4% |
| Trade receivables | 40 | €7,581 | €0 | -€7,581 | -100% |
| Other amounts receivable | 41 | €3,872 | €1,902 | -€1,970 | -50.9% |
| Cash at bank and in hand | 54/58 | €31,452 | €26,241 | -€5,211 | -16.6% |
| Deferred charges and accrued income | 490/1 | €1,366 | €1,359 | -€7 | -0.5% |
| Total equity and liabilities | 10/49 | €48,947 | €30,433 | -€18,514 | -37.8% |
| Equity | 10/15 | €35,914 | €21,573 | -€14,341 | -39.9% |
| Contributions | 10/11 | €20,512 | €20,512 | = | 0.0% |
| Reserves | 13 | €9,515 | €9,515 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €9,515 | €9,515 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,887 | -€8,454 | -€14,341 | |
| Amounts payable | 17/49 | €13,033 | €8,859 | -€4,173 | -32.0% |
| Amounts payable after more than one year | 17 | €935 | €0 | -€935 | -100% |
| Financial debts | 170/4 | €935 | €0 | -€935 | -100% |
| Amounts payable within one year | 42/48 | €12,098 | €8,859 | -€3,239 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €2,778 | €935 | -€1,843 | -66.4% |
| Trade debts | 44 | €2,565 | €1,616 | -€949 | -37.0% |
| Suppliers | 440/4 | €2,565 | €1,616 | -€949 | -37.0% |
| Taxes, remuneration and social security | 45 | €3,383 | €2,239 | -€1,144 | -33.8% |
| Taxes | 450/3 | €1,815 | €2,239 | +€424 | +23.3% |
| Remuneration and social security | 454/9 | €1,568 | €0 | -€1,568 | -100% |
| Other amounts payable | 47/48 | €3,372 | €4,070 | +€698 | +20.7% |
| Remuneration, social security and pensions | 62 | €10,233 | €7,540 | -€2,693 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,874 | €4,505 | -€369 | -7.6% |
| Other operating charges | 640/8 | €2,155 | €851 | -€1,304 | -60.5% |
| Gross operating margin | 9900 | €13,514 | -€944 | -€14,458 | |
| Operating profit (loss) | 9901 | -€3,748 | -€13,840 | -€10,092 | -269% |
| Financial income | 75/76B | €143 | €112 | -€32 | -22.0% |
| Recurring financial income | 75 | €143 | €112 | -€32 | -22.0% |
| Financial charges | 65/66B | €520 | €481 | -€40 | -7.6% |
| Recurring financial charges | 65 | €520 | €481 | -€40 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,125 | -€14,209 | -€10,084 | -244% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€4,253 | -€14,341 | -€10,088 | -237% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,253 | -€14,341 | -€10,088 | -237% |
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 29 October 2026 via checked.be.