SGVE COMPTA: 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.
SGVE COMPTA
Largest movements
- Receivables within one year +€27,341
up €27,341 (+157.2%), from €17,392 to €44,733
of which Trade receivables: +€30,438
- Cash -€1,306
down €1,306 (-4.9%), from €26,619 to €25,313
mainly Receivables within one year (-€27,341) and Deferred charges and accrued income (-€538)
- Trade debts +€18,707
up €18,707 (+100.4%), from €18,626 to €37,333
- Profit (loss) carried forward +€7,738
up €7,738 (+39.7%), from €19,512 to €27,250
- Gross operating margin +€2,533
up €2,533 (+51.3%), from €4,935 to €7,468
- Financial income +€1,640
up €1,640 (+180242.9%), from €1 to €1,641
- Taxes +€1,047
up €1,047 (+85.7%), from €1,222 to €2,269
- Depreciation -€394
down €394 (-75.6%), from €521 to €127
- Financial charges +€134
up €134 (+115.9%), from €116 to €250
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
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 | €44,138 | €70,584 | +€26,446 | +59.9% |
| Fixed assets | 21/28 | €127 | - | -€127 | |
| Tangible fixed assets | 22/27 | €127 | - | -€127 | |
| Furniture and vehicles | 24 | €127 | - | -€127 | |
| Current assets | 29/58 | €44,011 | €70,584 | +€26,573 | +60.4% |
| Amounts receivable within one year | 40/41 | €17,392 | €44,733 | +€27,341 | +157.2% |
| Trade receivables | 40 | €13,422 | €43,860 | +€30,438 | +226.8% |
| Other amounts receivable | 41 | €3,970 | €873 | -€3,097 | -78.0% |
| Cash at bank and in hand | 54/58 | €26,619 | €25,313 | -€1,306 | -4.9% |
| Deferred charges and accrued income | 490/1 | - | €538 | +€538 | |
| Total equity and liabilities | 10/49 | €44,138 | €70,584 | +€26,446 | +59.9% |
| Equity | 10/15 | €25,512 | €33,250 | +€7,738 | +30.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,512 | €27,250 | +€7,738 | +39.7% |
| Amounts payable | 17/49 | €18,626 | €37,333 | +€18,707 | +100.4% |
| Amounts payable within one year | 42/48 | €18,626 | €37,333 | +€18,707 | +100.4% |
| Trade debts | 44 | €18,626 | €37,333 | +€18,707 | +100.4% |
| Suppliers | 440/4 | €18,626 | €37,333 | +€18,707 | +100.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €521 | €127 | -€394 | -75.6% |
| Gross operating margin | 9900 | €4,935 | €7,468 | +€2,533 | +51.3% |
| Operating profit (loss) | 9901 | €4,413 | €7,340 | +€2,927 | +66.3% |
| Financial income | 75/76B | €1 | €1,641 | +€1,640 | +180242.9% |
| Recurring financial income | 75 | €1 | €1,641 | +€1,640 | +180242.9% |
| Financial charges | 65/66B | €116 | €250 | +€134 | +115.9% |
| Recurring financial charges | 65 | €116 | €250 | +€134 | +115.9% |
| Profit (loss) for the period before taxes | 9903 | €4,298 | €8,731 | +€4,433 | +103.1% |
| Income taxes | 67/77 | €1,222 | €2,269 | +€1,047 | +85.7% |
| Profit (loss) for the period | 9904 | €3,076 | €6,462 | +€3,386 | +110.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,076 | €6,462 | +€3,386 | +110.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.