SV Electro: 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 Electro
Largest movements
- Deferred charges and accrued income -€11,892
down €11,892 (-41.2%), from €28,867 to €16,975
- Tangible fixed assets -€4,001
down €4,001 (-19.3%), from €20,712 to €16,712
of which Plant, machinery and equipment: -€2,720
- Cash +€2,360
up €2,360 (+8.4%), from €28,178 to €30,537
mainly Net result for the year (+€15,211) and Deferred charges and accrued income (+€11,892)
- Receivables within one year -€2,202
down €2,202 (-8.1%), from €27,062 to €24,860
of which Other amounts receivable: -€1,846
- Stocks and contracts -€1,365
down €1,365 (-12.2%), from €11,213 to €9,848
- Trade debts -€12,811
down €12,811 (-73.3%), from €17,476 to €4,665
- Profit (loss) carried forward +€6,675
up €6,675, from -€6,675 to €0
- Current portion of long-term debt -€6,558
down €6,558 (-57.2%), from €11,458 to €4,899
- Contributions -€6,000
down €6,000 (-96.8%), from €6,200 to €200
- Reserves +€5,999
up €5,999 (+7.5%), from €80,203 to €86,202
- Gross operating margin +€24,774
up €24,774 (+279.4%), from €8,867 to €33,641
- Taxes +€5,659
new in 2025: €5,659
- Depreciation -€1,282
down €1,282 (-13.0%), from €9,846 to €8,564
- Financial income +€669
up €669 (+1389.0%), from €48 to €717
- Financial charges -€521
down €521 (-17.8%), from €2,926 to €2,406
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 | €116,032 | €98,933 | -€17,100 | -14.7% |
| Fixed assets | 21/28 | €20,712 | €16,712 | -€4,001 | -19.3% |
| Tangible fixed assets | 22/27 | €20,712 | €16,712 | -€4,001 | -19.3% |
| Plant, machinery and equipment | 23 | €2,720 | €0 | -€2,720 | -100.0% |
| Furniture and vehicles | 24 | €17,992 | €16,712 | -€1,280 | -7.1% |
| Current assets | 29/58 | €95,320 | €82,221 | -€13,099 | -13.7% |
| Stocks and contracts in progress | 3 | €11,213 | €9,848 | -€1,365 | -12.2% |
| Stocks | 30/36 | €11,213 | €9,848 | -€1,365 | -12.2% |
| Amounts receivable within one year | 40/41 | €27,062 | €24,860 | -€2,202 | -8.1% |
| Trade receivables | 40 | €16,244 | €15,888 | -€356 | -2.2% |
| Other amounts receivable | 41 | €10,818 | €8,972 | -€1,846 | -17.1% |
| Cash at bank and in hand | 54/58 | €28,178 | €30,537 | +€2,360 | +8.4% |
| Deferred charges and accrued income | 490/1 | €28,867 | €16,975 | -€11,892 | -41.2% |
| Total equity and liabilities | 10/49 | €116,032 | €98,933 | -€17,100 | -14.7% |
| Equity | 10/15 | €79,728 | €86,402 | +€6,674 | +8.4% |
| Contributions | 10/11 | €6,200 | €200 | -€6,000 | -96.8% |
| Reserves | 13 | €80,203 | €86,202 | +€5,999 | +7.5% |
| Distributable reserves | 133 | €80,203 | €86,202 | +€5,999 | +7.5% |
| Profit (loss) carried forward | 14 | -€6,675 | €0 | +€6,675 | |
| Amounts payable | 17/49 | €36,304 | €12,531 | -€23,774 | -65.5% |
| Amounts payable after more than one year | 17 | €4,899 | €0 | -€4,899 | -100.0% |
| Financial debts | 170/4 | €4,899 | €0 | -€4,899 | -100.0% |
| Amounts payable within one year | 42/48 | €31,405 | €12,531 | -€18,874 | -60.1% |
| Current portion of amounts payable after more than one year | 42 | €11,458 | €4,899 | -€6,558 | -57.2% |
| Financial debts | 43 | €1,889 | €1,888 | -€1 | 0.0% |
| Credit institutions | 430/8 | €1,889 | €1,888 | -€1 | 0.0% |
| Trade debts | 44 | €17,476 | €4,665 | -€12,811 | -73.3% |
| Suppliers | 440/4 | €17,476 | €4,665 | -€12,811 | -73.3% |
| Other amounts payable | 47/48 | €582 | €1,078 | +€496 | +85.3% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,846 | €8,564 | -€1,282 | -13.0% |
| Other operating charges | 640/8 | €2,539 | €2,519 | -€20 | -0.8% |
| Non-recurring operating charges | 66A | €280 | €0 | -€280 | -100.0% |
| Gross operating margin | 9900 | €8,867 | €33,641 | +€24,774 | +279.4% |
| Operating profit (loss) | 9901 | -€3,797 | €22,559 | +€26,356 | |
| Financial income | 75/76B | €48 | €717 | +€669 | +1389.0% |
| Recurring financial income | 75 | €48 | €717 | +€669 | +1389.0% |
| Financial charges | 65/66B | €2,926 | €2,406 | -€521 | -17.8% |
| Recurring financial charges | 65 | €2,926 | €2,406 | -€521 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,675 | €20,870 | +€27,545 | |
| Income taxes | 67/77 | - | €5,659 | +€5,659 | |
| Profit (loss) for the period | 9904 | -€6,675 | €15,211 | +€21,886 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,675 | €15,211 | +€21,886 |
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 9 October 2026 via checked.be.