SBV: what changed
Two fiscal 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.
SBV
Largest movements
- Receivables within one year -€143
no longer reported in 2025 (was €143)
- Other debts +€533,316
up €533,316 (+58.3%), from €914,850 to €1.4m
- Accrued charges and deferred income -€532,023
no longer reported in 2025 (was €532,023)
- Profit (loss) carried forward -€1,436
down €1,436 (-0.1%), from -€2.0m to -€2.0m
- Other operating charges -€472
down €472 (-74.5%), from €634 to €162
- Gross operating margin -€207
down €207 (-30.4%), from -€680 to -€887
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143 | - | -€143 | |
| Current assets | 29/58 | €143 | - | -€143 | |
| Amounts receivable within one year | 40/41 | €143 | - | -€143 | |
| Other amounts receivable | 41 | €143 | - | -€143 | |
| Total equity and liabilities | 10/49 | €143 | - | -€143 | |
| Equity | 10/15 | -€1,446,730 | -€1,448,166 | -€1,436 | -0.1% |
| Contributions | 10/11 | €592,000 | €592,000 | = | 0.0% |
| Capital | 10 | €592,000 | €592,000 | = | 0.0% |
| Issued capital | 100 | €592,000 | €592,000 | = | 0.0% |
| Reserves | 13 | €1,130 | €1,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €56 | €56 | = | 0.0% |
| Legal reserve | 130 | €56 | €56 | = | 0.0% |
| Distributable reserves | 133 | €1,073 | €1,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,039,860 | -€2,041,296 | -€1,436 | -0.1% |
| Amounts payable | 17/49 | €1,446,873 | €1,448,166 | +€1,293 | +0.1% |
| Amounts payable within one year | 42/48 | €914,850 | €1,448,166 | +€533,316 | +58.3% |
| Other amounts payable | 47/48 | €914,850 | €1,448,166 | +€533,316 | +58.3% |
| Accrued charges and deferred income | 492/3 | €532,023 | - | -€532,023 | |
| Other operating charges | 640/8 | €634 | €162 | -€472 | -74.5% |
| Gross operating margin | 9900 | -€680 | -€887 | -€207 | -30.4% |
| Operating profit (loss) | 9901 | -€1,314 | -€1,049 | +€265 | +20.2% |
| Financial charges | 65/66B | €383 | €387 | +€4 | +1.1% |
| Recurring financial charges | 65 | €383 | €387 | +€4 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,697 | -€1,436 | +€261 | +15.4% |
| Profit (loss) for the period | 9904 | -€1,697 | -€1,436 | +€261 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,697 | -€1,436 | +€261 | +15.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.