S.V.K. Coating: 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.K. Coating
Largest movements
- Cash +€31,858
up €31,858 (+58.7%), from €54,250 to €86,108
mainly Tax, wage and social debts (+€36,092) and Trade debts (+€29,179)
- Tangible fixed assets -€24,272
down €24,272 (-25.4%), from €95,457 to €71,185
of which Furniture and vehicles: -€24,528
- Receivables within one year +€23,126
up €23,126 (+12.3%), from €188,130 to €211,256
of which Other amounts receivable: +€15,422
- Stocks and contracts +€19,084
up €19,084 (+331%), from €5,773 to €24,858
- Tax, wage and social debts +€36,092
up €36,092 (+101%), from €35,696 to €71,789
of which Taxes: +€27,367
- Debts after one year -€29,840
down €29,840 (-58.4%), from €51,081 to €21,241
- Trade debts +€29,179
up €29,179 (+58.2%), from €50,155 to €79,334
- Current portion of long-term debt +€9,572
up €9,572 (+33.4%), from €28,690 to €38,262
- Turnover -€1.5m
no longer reported in 2025 (was €1.5m)
- Purchases and services -€963,951
no longer reported in 2025 (was €963,951)
- Gross operating margin +€148,935
up €148,935 (+27.1%), from €548,854 to €697,789
- Staff costs +€134,169
up €134,169 (+27.2%), from €492,727 to €626,896
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 | €356,551 | €402,697 | +€46,146 | +12.9% |
| Fixed assets | 21/28 | €104,747 | €80,475 | -€24,272 | -23.2% |
| Tangible fixed assets | 22/27 | €95,457 | €71,185 | -€24,272 | -25.4% |
| Plant, machinery and equipment | 23 | €1,203 | €1,458 | +€256 | +21.3% |
| Furniture and vehicles | 24 | €94,254 | €69,726 | -€24,528 | -26.0% |
| Financial fixed assets | 28 | €9,290 | €9,290 | = | 0.0% |
| Current assets | 29/58 | €251,804 | €322,222 | +€70,418 | +28.0% |
| Stocks and contracts in progress | 3 | €5,773 | €24,858 | +€19,084 | +331% |
| Stocks | 30/36 | €5,773 | €24,858 | +€19,084 | +331% |
| Amounts receivable within one year | 40/41 | €188,130 | €211,256 | +€23,126 | +12.3% |
| Trade receivables | 40 | €180,110 | €187,814 | +€7,704 | +4.3% |
| Other amounts receivable | 41 | €8,020 | €23,442 | +€15,422 | +192% |
| Cash at bank and in hand | 54/58 | €54,250 | €86,108 | +€31,858 | +58.7% |
| Deferred charges and accrued income | 490/1 | €3,651 | - | -€3,651 | |
| Total equity and liabilities | 10/49 | €356,551 | €402,697 | +€46,146 | +12.9% |
| Equity | 10/15 | €190,928 | €189,571 | -€1,357 | -0.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,928 | €133,571 | -€1,357 | -1.0% |
| Amounts payable | 17/49 | €165,623 | €213,126 | +€47,503 | +28.7% |
| Amounts payable after more than one year | 17 | €51,081 | €21,241 | -€29,840 | -58.4% |
| Financial debts | 170/4 | €51,081 | €21,241 | -€29,840 | -58.4% |
| Amounts payable within one year | 42/48 | €114,542 | €191,885 | +€77,344 | +67.5% |
| Current portion of amounts payable after more than one year | 42 | €28,690 | €38,262 | +€9,572 | +33.4% |
| Trade debts | 44 | €50,155 | €79,334 | +€29,179 | +58.2% |
| Suppliers | 440/4 | €50,155 | €79,334 | +€29,179 | +58.2% |
| Taxes, remuneration and social security | 45 | €35,696 | €71,789 | +€36,092 | +101% |
| Taxes | 450/3 | €7,199 | €34,566 | +€27,367 | +380% |
| Remuneration and social security | 454/9 | €28,498 | €37,223 | +€8,725 | +30.6% |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Turnover | 70 | €1,512,805 | - | -€1.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | €963,951 | - | -€963,951 | |
| Remuneration, social security and pensions | 62 | €492,727 | €626,896 | +€134,169 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,998 | €28,817 | +€5,818 | +25.3% |
| Other operating charges | 640/8 | €5,653 | €3,771 | -€1,881 | -33.3% |
| Non-recurring operating charges | 66A | €3,199 | €26,466 | +€23,267 | +727% |
| Gross operating margin | 9900 | €548,854 | €697,789 | +€148,935 | +27.1% |
| Operating profit (loss) | 9901 | €24,276 | €11,839 | -€12,438 | -51.2% |
| Financial income | 75/76B | €1,955 | €3,202 | +€1,248 | +63.8% |
| Recurring financial income | 75 | €52 | €622 | +€570 | +1,100% |
| Non-recurring financial income | 76B | €1,903 | €2,580 | +€678 | +35.6% |
| Financial charges | 65/66B | €4,037 | €7,951 | +€3,914 | +96.9% |
| Recurring financial charges | 65 | €4,037 | €7,951 | +€3,914 | +96.9% |
| Profit (loss) for the period before taxes | 9903 | €22,194 | €7,090 | -€15,104 | -68.1% |
| Income taxes | 67/77 | €10,130 | €8,447 | -€1,683 | -16.6% |
| Profit (loss) for the period | 9904 | €12,064 | -€1,357 | -€13,421 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,064 | -€1,357 | -€13,421 |
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 30 October 2026 via checked.be.