SV CONSTRUCT MANAGEMENT: 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.
SV CONSTRUCT MANAGEMENT
Largest movements
- Receivables within one year +€13,647
up €13,647 (+173.6%), from €7,859 to €21,506
of which Trade receivables: +€14,921
- Cash +€8,297
up €8,297 (+25.1%), from €33,072 to €41,369
mainly Net result for the year (+€11,287) and Tax, wage and social debts (+€7,399)
- Tangible fixed assets -€2,642
down €2,642 (-30.7%), from €8,603 to €5,961
of which Plant, machinery and equipment: -€2,345
- Profit (loss) carried forward +€11,287
up €11,287 (+31.6%), from €35,750 to €47,037
- Tax, wage and social debts +€7,399
up €7,399 (+1619.0%), from €457 to €7,856
- Trade debts +€1,157
up €1,157 (+73.0%), from €1,586 to €2,743
- Gross operating margin +€23,558
up €23,558, from -€937 to €22,621
- Taxes +€3,741
up €3,741 (+769.8%), from €486 to €4,227
- Depreciation -€1,541
down €1,541 (-36.8%), from €4,183 to €2,642
- Other operating charges +€1,234
up €1,234 (+198.1%), from €623 to €1,857
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 | €49,534 | €68,836 | +€19,302 | +39.0% |
| Fixed assets | 21/28 | €8,603 | €5,961 | -€2,642 | -30.7% |
| Tangible fixed assets | 22/27 | €8,603 | €5,961 | -€2,642 | -30.7% |
| Plant, machinery and equipment | 23 | €7,960 | €5,615 | -€2,345 | -29.5% |
| Furniture and vehicles | 24 | €643 | €346 | -€297 | -46.2% |
| Current assets | 29/58 | €40,931 | €62,875 | +€21,944 | +53.6% |
| Amounts receivable within one year | 40/41 | €7,859 | €21,506 | +€13,647 | +173.6% |
| Trade receivables | 40 | €6,139 | €21,060 | +€14,921 | +243.1% |
| Other amounts receivable | 41 | €1,720 | €446 | -€1,274 | -74.1% |
| Cash at bank and in hand | 54/58 | €33,072 | €41,369 | +€8,297 | +25.1% |
| Total equity and liabilities | 10/49 | €49,534 | €68,836 | +€19,302 | +39.0% |
| Equity | 10/15 | €46,950 | €58,237 | +€11,287 | +24.0% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,750 | €47,037 | +€11,287 | +31.6% |
| Amounts payable | 17/49 | €2,584 | €10,599 | +€8,015 | +310.2% |
| Amounts payable within one year | 42/48 | €2,584 | €10,599 | +€8,015 | +310.2% |
| Trade debts | 44 | €1,586 | €2,743 | +€1,157 | +73.0% |
| Suppliers | 440/4 | €1,586 | €2,743 | +€1,157 | +73.0% |
| Taxes, remuneration and social security | 45 | €457 | €7,856 | +€7,399 | +1619.0% |
| Taxes | 450/3 | €457 | €7,856 | +€7,399 | +1619.0% |
| Other amounts payable | 47/48 | €541 | - | -€541 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,183 | €2,642 | -€1,541 | -36.8% |
| Other operating charges | 640/8 | €623 | €1,857 | +€1,234 | +198.1% |
| Non-recurring operating charges | 66A | - | €2,423 | +€2,423 | |
| Gross operating margin | 9900 | -€937 | €22,621 | +€23,558 | |
| Operating profit (loss) | 9901 | -€5,743 | €15,699 | +€21,442 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €200 | €197 | -€3 | -1.5% |
| Recurring financial charges | 65 | €200 | €197 | -€3 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,943 | €15,514 | +€21,457 | |
| Income taxes | 67/77 | €486 | €4,227 | +€3,741 | +769.8% |
| Profit (loss) for the period | 9904 | -€6,429 | €11,287 | +€17,716 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,429 | €11,287 | +€17,716 |
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 29 September 2026 via checked.be.