S.V.D.S.: 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.
S.V.D.S.
Largest movements
- Cash -€849
down €849 (-22.4%), from €3,792 to €2,943
mainly Net result for the year (-€849)
- Profit (loss) carried forward -€849
down €849 (-19.9%), from -€4,268 to -€5,117
- Gross operating margin +€5,585
up €5,585 (+86.8%), from -€6,434 to -€849
- Other operating charges -€505
no longer reported in 2025 (was €505)
- Taxes -€125
no longer reported in 2025 (was €125)
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 | €3,792 | €2,943 | -€849 | -22.4% |
| Current assets | 29/58 | €3,792 | €2,943 | -€849 | -22.4% |
| Cash at bank and in hand | 54/58 | €3,792 | €2,943 | -€849 | -22.4% |
| Total equity and liabilities | 10/49 | €3,792 | €2,943 | -€849 | -22.4% |
| Equity | 10/15 | €3,792 | €2,943 | -€849 | -22.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€4,268 | -€5,117 | -€849 | -19.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €64 | - | -€64 | |
| Other operating charges | 640/8 | €505 | - | -€505 | |
| Gross operating margin | 9900 | -€6,434 | -€849 | +€5,585 | +86.8% |
| Operating profit (loss) | 9901 | -€6,939 | -€849 | +€6,090 | +87.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,939 | -€849 | +€6,090 | +87.8% |
| Income taxes | 67/77 | €125 | - | -€125 | |
| Profit (loss) for the period | 9904 | -€7,064 | -€849 | +€6,215 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,064 | -€849 | +€6,215 | +88.0% |
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 19 October 2026 via checked.be.