SV ADMIN: 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.
SV ADMIN
Largest movements
- Cash -€5,976
no longer reported in 2025 (was €5,976)
mainly Debts after one year (-€9,038) and Stocks and contracts (-€5,000)
- Stocks and contracts +€5,000
new in 2025: €5,000
- Tangible fixed assets -€3,946
down €3,946 (-72.6%), from €5,435 to €1,489
- Receivables within one year -€922
down €922 (-64.3%), from €1,434 to €512
of which Trade receivables: -€1,016
- Debts after one year -€9,038
no longer reported in 2025 (was €9,038)
- Other debts +€6,572
up €6,572 (+59.8%), from €10,991 to €17,563
- Tax, wage and social debts -€3,476
no longer reported in 2025 (was €3,476)
- Trade debts +€162
up €162 (+810%), from €20 to €182
- Gross operating margin -€10,478
down €10,478 (-71.1%), from €14,737 to €4,259
- Taxes -€5,067
no longer reported in 2025 (was €5,067)
- Depreciation -€2,376
down €2,376 (-37.6%), from €6,322 to €3,946
- Financial charges -€954
down €954 (-98.2%), from €971 to €17
- Other operating charges +€180
up €180 (+100%), from €180 to €360
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 | €12,845 | €7,001 | -€5,844 | -45.5% |
| Fixed assets | 21/28 | €5,435 | €1,489 | -€3,946 | -72.6% |
| Tangible fixed assets | 22/27 | €5,435 | €1,489 | -€3,946 | -72.6% |
| Land and buildings | 22 | €5,435 | €1,489 | -€3,946 | -72.6% |
| Current assets | 29/58 | €7,410 | €5,512 | -€1,898 | -25.6% |
| Stocks and contracts in progress | 3 | - | €5,000 | +€5,000 | |
| Contracts in progress | 37 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €1,434 | €512 | -€922 | -64.3% |
| Trade receivables | 40 | €1,189 | €173 | -€1,016 | -85.4% |
| Other amounts receivable | 41 | €245 | €339 | +€94 | +38.4% |
| Cash at bank and in hand | 54/58 | €5,976 | - | -€5,976 | |
| Total equity and liabilities | 10/49 | €12,845 | €7,001 | -€5,844 | -45.5% |
| Equity | 10/15 | -€10,680 | -€10,744 | -€64 | -0.6% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €8,567 | €8,567 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,088 | €6,088 | = | 0.0% |
| Distributable reserves | 133 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,036 | -€44,100 | -€64 | -0.1% |
| Amounts payable | 17/49 | €23,525 | €17,745 | -€5,780 | -24.6% |
| Amounts payable after more than one year | 17 | €9,038 | - | -€9,038 | |
| Financial debts | 170/4 | €9,038 | - | -€9,038 | |
| Amounts payable within one year | 42/48 | €14,487 | €17,745 | +€3,258 | +22.5% |
| Trade debts | 44 | €20 | €182 | +€162 | +810% |
| Suppliers | 440/4 | €20 | €182 | +€162 | +810% |
| Taxes, remuneration and social security | 45 | €3,476 | - | -€3,476 | |
| Taxes | 450/3 | €3,476 | - | -€3,476 | |
| Other amounts payable | 47/48 | €10,991 | €17,563 | +€6,572 | +59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,322 | €3,946 | -€2,376 | -37.6% |
| Other operating charges | 640/8 | €180 | €360 | +€180 | +100% |
| Gross operating margin | 9900 | €14,737 | €4,259 | -€10,478 | -71.1% |
| Operating profit (loss) | 9901 | €8,235 | -€47 | -€8,282 | |
| Financial charges | 65/66B | €971 | €17 | -€954 | -98.2% |
| Recurring financial charges | 65 | €971 | €17 | -€954 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | €7,264 | -€64 | -€7,328 | |
| Income taxes | 67/77 | €5,067 | - | -€5,067 | |
| Profit (loss) for the period | 9904 | €2,197 | -€64 | -€2,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,197 | -€64 | -€2,261 |
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 17 October 2026 via checked.be.