SV Center: 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 Center
Largest movements
- Cash +€182,756
up €182,756 (+32.1%), from €569,268 to €752,023
mainly Net result for the year (+€355,241) and Depreciation (+€16,125)
- Current investments +€100,000
up €100,000 (+6.5%), from €1.6m to €1.7m
- Reserves +€355,241
up €355,241 (+4.3%), from €8.3m to €8.7m
of which Distributable reserves: +€355,241
- Gross operating margin +€34,095
up €34,095 (+8.8%), from €388,259 to €422,355
- Taxes +€17,598
up €17,598 (+17.4%), from €101,099 to €118,697
- Staff costs +€8,911
new in 2025: €8,911
- Financial income +€8,642
up €8,642 (+12.7%), from €68,230 to €76,872
- Depreciation +€8,326
up €8,326 (+107%), from €7,799 to €16,125
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 | €8,948,291 | €9,279,981 | +€331,691 | +3.7% |
| Fixed assets | 21/28 | €1,440,316 | €1,477,880 | +€37,565 | +2.6% |
| Tangible fixed assets | 22/27 | €1,440,316 | €1,477,880 | +€37,565 | +2.6% |
| Land and buildings | 22 | €1,433,336 | €1,456,140 | +€22,804 | +1.6% |
| Plant, machinery and equipment | 23 | €6,980 | €3,620 | -€3,359 | -48.1% |
| Furniture and vehicles | 24 | - | €18,120 | +€18,120 | |
| Current assets | 29/58 | €7,507,975 | €7,802,101 | +€294,126 | +3.9% |
| Amounts receivable within one year | 40/41 | €5,347,022 | €5,357,049 | +€10,027 | +0.2% |
| Other amounts receivable | 41 | €5,347,022 | €5,357,049 | +€10,027 | +0.2% |
| Current investments | 50/53 | €1,550,000 | €1,650,000 | +€100,000 | +6.5% |
| Cash at bank and in hand | 54/58 | €569,268 | €752,023 | +€182,756 | +32.1% |
| Deferred charges and accrued income | 490/1 | €41,685 | €43,029 | +€1,343 | +3.2% |
| Total equity and liabilities | 10/49 | €8,948,291 | €9,279,981 | +€331,691 | +3.7% |
| Equity | 10/15 | €8,846,241 | €9,201,482 | +€355,241 | +4.0% |
| Contributions | 10/11 | €550,966 | €550,966 | = | 0.0% |
| Capital | 10 | €550,966 | €550,966 | = | 0.0% |
| Issued capital | 100 | €550,966 | €550,966 | = | 0.0% |
| Reserves | 13 | €8,295,275 | €8,650,516 | +€355,241 | +4.3% |
| Non-distributable reserves | 130/1 | €77,928 | €77,928 | = | 0.0% |
| Legal reserve | 130 | €55,097 | €55,097 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,831 | €22,831 | = | 0.0% |
| Tax-exempt reserves | 132 | €99,729 | €99,729 | = | 0.0% |
| Distributable reserves | 133 | €8,117,618 | €8,472,859 | +€355,241 | +4.4% |
| Amounts payable | 17/49 | €102,050 | €78,500 | -€23,550 | -23.1% |
| Amounts payable within one year | 42/48 | €102,050 | €78,500 | -€23,550 | -23.1% |
| Trade debts | 44 | €52,906 | €65,909 | +€13,003 | +24.6% |
| Suppliers | 440/4 | €52,906 | €65,909 | +€13,003 | +24.6% |
| Taxes, remuneration and social security | 45 | €48,949 | €12,395 | -€36,553 | -74.7% |
| Taxes | 450/3 | €48,949 | €10,729 | -€38,220 | -78.1% |
| Remuneration and social security | 454/9 | - | €1,667 | +€1,667 | |
| Other amounts payable | 47/48 | €195 | €195 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €8,911 | +€8,911 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,799 | €16,125 | +€8,326 | +107% |
| Other operating charges | 640/8 | €150 | €150 | = | 0.0% |
| Gross operating margin | 9900 | €388,259 | €422,355 | +€34,095 | +8.8% |
| Operating profit (loss) | 9901 | €380,310 | €397,169 | +€16,858 | +4.4% |
| Financial income | 75/76B | €68,230 | €76,872 | +€8,642 | +12.7% |
| Recurring financial income | 75 | €68,230 | €76,872 | +€8,642 | +12.7% |
| Financial charges | 65/66B | €60 | €103 | +€43 | +71.7% |
| Recurring financial charges | 65 | €60 | €103 | +€43 | +71.7% |
| Profit (loss) for the period before taxes | 9903 | €448,480 | €473,938 | +€25,458 | +5.7% |
| Income taxes | 67/77 | €101,099 | €118,697 | +€17,598 | +17.4% |
| Profit (loss) for the period | 9904 | €347,381 | €355,241 | +€7,860 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €347,381 | €355,241 | +€7,860 | +2.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.