S.V.R. CONSULT: 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.R. CONSULT
Largest movements
- Receivables after one year +€600,000
up €600,000 (+77.3%), from €775,719 to €1.4m
- Receivables within one year -€515,195
down €515,195 (-91.6%), from €562,556 to €47,361
of which Trade receivables: -€515,987
- Cash -€288,850
down €288,850 (-71.9%), from €401,617 to €112,767
mainly Receivables after one year (-€600,000) and Stocks and contracts (-€197,500)
- Stocks and contracts +€197,500
new in 2025: €197,500
- Reserves +€292,759
up €292,759 (+30.7%), from €954,049 to €1.2m
of which Distributable reserves: +€292,759
- Trade debts -€159,403
no longer reported in 2025 (was €159,403)
- Other debts -€92,852
no longer reported in 2025 (was €92,852)
- Tax, wage and social debts -€46,482
down €46,482 (-60.4%), from €76,958 to €30,476
- Gross operating margin -€902,585
down €902,585, from €863,922 to -€38,663
- Financial income +€220,366
up €220,366 (+156%), from €141,250 to €361,616
of which Financial income: +€183,167
- Financial charges -€219,134
down €219,134 (-99.8%), from €219,464 to €330
of which Financial charges: -€186,180
- Taxes -€183,427
down €183,427 (-86.2%), from €212,703 to €29,276
- Other operating charges -€23,483
down €23,483 (-97.6%), from €24,070 to €587
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 | €1,763,645 | €1,757,667 | -€5,978 | -0.3% |
| Fixed assets | 21/28 | €23,753 | €23,753 | = | 0.0% |
| Financial fixed assets | 28 | €23,753 | €23,753 | = | 0.0% |
| Current assets | 29/58 | €1,739,892 | €1,733,914 | -€5,978 | -0.3% |
| Amounts receivable after more than one year | 29 | €775,719 | €1,375,719 | +€600,000 | +77.3% |
| Other amounts receivable | 291 | €775,719 | €1,375,719 | +€600,000 | +77.3% |
| Stocks and contracts in progress | 3 | - | €197,500 | +€197,500 | |
| Stocks | 30/36 | - | €197,500 | +€197,500 | |
| Amounts receivable within one year | 40/41 | €562,556 | €47,361 | -€515,195 | -91.6% |
| Trade receivables | 40 | €555,000 | €39,013 | -€515,987 | -93.0% |
| Other amounts receivable | 41 | €7,556 | €8,348 | +€792 | +10.5% |
| Cash at bank and in hand | 54/58 | €401,617 | €112,767 | -€288,850 | -71.9% |
| Deferred charges and accrued income | 490/1 | - | €567 | +€567 | |
| Total equity and liabilities | 10/49 | €1,763,645 | €1,757,667 | -€5,978 | -0.3% |
| Equity | 10/15 | €1,433,732 | €1,726,491 | +€292,759 | +20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €954,049 | €1,246,808 | +€292,759 | +30.7% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €949,091 | €1,241,850 | +€292,759 | +30.8% |
| Profit (loss) carried forward | 14 | €461,083 | €461,083 | = | 0.0% |
| Amounts payable | 17/49 | €329,913 | €31,176 | -€298,737 | -90.6% |
| Amounts payable within one year | 42/48 | €329,213 | €30,476 | -€298,737 | -90.7% |
| Trade debts | 44 | €159,403 | - | -€159,403 | |
| Suppliers | 440/4 | €159,403 | - | -€159,403 | |
| Taxes, remuneration and social security | 45 | €76,958 | €30,476 | -€46,482 | -60.4% |
| Taxes | 450/3 | €76,958 | €30,476 | -€46,482 | -60.4% |
| Other amounts payable | 47/48 | €92,852 | - | -€92,852 | |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112 | - | -€112 | |
| Other operating charges | 640/8 | €24,070 | €587 | -€23,483 | -97.6% |
| Gross operating margin | 9900 | €863,922 | -€38,663 | -€902,585 | |
| Operating profit (loss) | 9901 | €839,740 | -€39,250 | -€878,990 | |
| Financial income | 75/76B | €141,250 | €361,616 | +€220,366 | +156% |
| Recurring financial income | 75 | €141,250 | €324,417 | +€183,167 | +130% |
| Non-recurring financial income | 76B | - | €37,199 | +€37,199 | |
| Financial charges | 65/66B | €219,464 | €330 | -€219,134 | -99.8% |
| Recurring financial charges | 65 | €186,510 | €330 | -€186,180 | -99.8% |
| Non-recurring financial charges | 66B | €32,954 | - | -€32,954 | |
| Profit (loss) for the period before taxes | 9903 | €761,526 | €322,036 | -€439,490 | -57.7% |
| Income taxes | 67/77 | €212,703 | €29,276 | -€183,427 | -86.2% |
| Profit (loss) for the period | 9904 | €548,823 | €292,760 | -€256,063 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €548,823 | €292,760 | -€256,063 | -46.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.