SLVB: 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.
SLVB
Largest movements
- Receivables within one year -€606
down €606 (-3.4%), from €17,568 to €16,963
of which Other amounts receivable: -€591
- Profit (loss) carried forward -€1,319
down €1,319 (-143.4%), from -€920 to -€2,239
- Trade debts +€412
up €412 (+20.7%), from €1,995 to €2,407
- Gross operating margin +€484
up €484 (+31.6%), from -€1,533 to -€1,049
- Financial charges +€44
up €44 (+70.8%), from €62 to €106
- Other operating charges -€36
no longer reported in 2025 (was €36)
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 | €18,575 | €17,810 | -€766 | -4.1% |
| Fixed assets | 21/28 | €983 | €819 | -€164 | -16.7% |
| Tangible fixed assets | 22/27 | €983 | €819 | -€164 | -16.7% |
| Plant, machinery and equipment | 23 | €983 | €819 | -€164 | -16.7% |
| Current assets | 29/58 | €17,592 | €16,990 | -€602 | -3.4% |
| Amounts receivable within one year | 40/41 | €17,568 | €16,963 | -€606 | -3.4% |
| Trade receivables | 40 | €16,765 | €16,751 | -€15 | -0.1% |
| Other amounts receivable | 41 | €803 | €212 | -€591 | -73.6% |
| Cash at bank and in hand | 54/58 | €24 | €28 | +€4 | +17.0% |
| Total equity and liabilities | 10/49 | €18,575 | €17,810 | -€766 | -4.1% |
| Equity | 10/15 | €16,580 | €15,261 | -€1,319 | -8.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€920 | -€2,239 | -€1,319 | -143.4% |
| Amounts payable | 17/49 | €1,995 | €2,549 | +€554 | +27.7% |
| Amounts payable within one year | 42/48 | €1,995 | €2,549 | +€554 | +27.7% |
| Trade debts | 44 | €1,995 | €2,407 | +€412 | +20.7% |
| Suppliers | 440/4 | €1,995 | €2,407 | +€412 | +20.7% |
| Taxes, remuneration and social security | 45 | - | €6 | +€6 | |
| Taxes | 450/3 | - | €6 | +€6 | |
| Other amounts payable | 47/48 | - | €135 | +€135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164 | €164 | = | 0.0% |
| Other operating charges | 640/8 | €36 | - | -€36 | |
| Gross operating margin | 9900 | -€1,533 | -€1,049 | +€484 | +31.6% |
| Operating profit (loss) | 9901 | -€1,733 | -€1,213 | +€520 | +30.0% |
| Financial charges | 65/66B | €62 | €106 | +€44 | +70.8% |
| Recurring financial charges | 65 | €62 | €106 | +€44 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,795 | -€1,319 | +€476 | +26.5% |
| Profit (loss) for the period | 9904 | -€1,795 | -€1,319 | +€476 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,795 | -€1,319 | +€476 | +26.5% |
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 10 October 2026 via checked.be.