SV CARE: 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 CARE
Largest movements
- Tangible fixed assets -€11,451
down €11,451 (-4.6%), from €251,389 to €239,938
of which Land and buildings: -€11,082
- Deferred charges and accrued income +€10,079
up €10,079 (+50.0%), from €20,140 to €30,219
- Cash -€5,976
down €5,976 (-96.8%), from €6,176 to €200
mainly Tax, wage and social debts (-€13,498) and Deferred charges and accrued income (-€10,079)
- Receivables within one year +€5,842
up €5,842 (+1,609%), from €363 to €6,205
- Reserves +€41,826
new in 2024: €41,826
- Profit (loss) carried forward -€29,977
no longer reported in 2024 (was €29,977)
- Tax, wage and social debts -€13,498
down €13,498 (-64.6%), from €20,888 to €7,390
of which Taxes: -€12,858
- Debts after one year -€7,521
down €7,521 (-4.2%), from €178,779 to €171,258
- Short-term financial debts +€7,421
new in 2024: €7,421
- Gross operating margin -€3,709
down €3,709 (-7.9%), from €46,831 to €43,122
- Financial charges +€2,157
up €2,157 (+40.9%), from €5,277 to €7,434
of which Non-recurring financial charges: +€1,216
- Other operating charges +€1,514
up €1,514 (+156%), from €969 to €2,483
- Depreciation +€1,471
up €1,471 (+11.4%), from €12,852 to €14,322
- Taxes -€899
down €899 (-11.3%), from €7,934 to €7,034
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,069 | €276,563 | -€1,506 | -0.5% |
| Fixed assets | 21/28 | €251,389 | €239,938 | -€11,451 | -4.6% |
| Tangible fixed assets | 22/27 | €251,389 | €239,938 | -€11,451 | -4.6% |
| Land and buildings | 22 | €250,479 | €239,397 | -€11,082 | -4.4% |
| Plant, machinery and equipment | 23 | €910 | €540 | -€369 | -40.6% |
| Current assets | 29/58 | €26,680 | €36,625 | +€9,945 | +37.3% |
| Amounts receivable within one year | 40/41 | €363 | €6,205 | +€5,842 | +1,609% |
| Other amounts receivable | 41 | €363 | €6,205 | +€5,842 | +1,609% |
| Cash at bank and in hand | 54/58 | €6,176 | €200 | -€5,976 | -96.8% |
| Deferred charges and accrued income | 490/1 | €20,140 | €30,219 | +€10,079 | +50.0% |
| Total equity and liabilities | 10/49 | €278,069 | €276,563 | -€1,506 | -0.5% |
| Equity | 10/15 | €55,977 | €67,826 | +€11,849 | +21.2% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | - | €41,826 | +€41,826 | |
| Distributable reserves | 133 | - | €41,826 | +€41,826 | |
| Profit (loss) carried forward | 14 | €29,977 | - | -€29,977 | |
| Amounts payable | 17/49 | €222,092 | €208,737 | -€13,355 | -6.0% |
| Amounts payable after more than one year | 17 | €178,779 | €171,258 | -€7,521 | -4.2% |
| Financial debts | 170/4 | €178,779 | €171,258 | -€7,521 | -4.2% |
| Amounts payable within one year | 42/48 | €43,213 | €37,479 | -€5,734 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €7,635 | €7,771 | +€136 | +1.8% |
| Financial debts | 43 | - | €7,421 | +€7,421 | |
| Credit institutions | 430/8 | - | €7,421 | +€7,421 | |
| Trade debts | 44 | €13,358 | €14,898 | +€1,540 | +11.5% |
| Suppliers | 440/4 | €13,358 | €14,898 | +€1,540 | +11.5% |
| Taxes, remuneration and social security | 45 | €20,888 | €7,390 | -€13,498 | -64.6% |
| Taxes | 450/3 | €19,928 | €7,070 | -€12,858 | -64.5% |
| Remuneration and social security | 454/9 | €960 | €320 | -€640 | -66.7% |
| Other amounts payable | 47/48 | €1,332 | - | -€1,332 | |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Non-recurring operating income | 76A | €5,289 | - | -€5,289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,852 | €14,322 | +€1,471 | +11.4% |
| Other operating charges | 640/8 | €969 | €2,483 | +€1,514 | +156% |
| Gross operating margin | 9900 | €46,831 | €43,122 | -€3,709 | -7.9% |
| Operating profit (loss) | 9901 | €33,010 | €26,317 | -€6,694 | -20.3% |
| Financial income | 75/76B | €39 | - | -€39 | |
| Recurring financial income | 75 | €39 | - | -€39 | |
| Non-recurring financial income | 76B | €39 | - | -€39 | |
| Financial charges | 65/66B | €5,277 | €7,434 | +€2,157 | +40.9% |
| Recurring financial charges | 65 | €5,277 | €6,217 | +€941 | +17.8% |
| Non-recurring financial charges | 66B | - | €1,216 | +€1,216 | |
| Profit (loss) for the period before taxes | 9903 | €27,773 | €18,883 | -€8,890 | -32.0% |
| Income taxes | 67/77 | €7,934 | €7,034 | -€899 | -11.3% |
| Profit (loss) for the period | 9904 | €19,839 | €11,849 | -€7,990 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,839 | €11,849 | -€7,990 | -40.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.