SV-Elektro: 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-Elektro
Largest movements
- Receivables within one year -€4,776
down €4,776 (-44.7%), from €10,693 to €5,917
of which Trade receivables: -€3,868
- Tangible fixed assets +€2,615
up €2,615 (+40.0%), from €6,541 to €9,156
of which Plant, machinery and equipment: +€4,072
- Stocks and contracts -€1,974
down €1,974 (-29.0%), from €6,814 to €4,840
- Cash -€1,137
down €1,137 (-18.5%), from €6,153 to €5,017
mainly Investment in fixed assets (net) (-€6,154) and Other debts (-€4,832)
- Other debts -€4,832
down €4,832 (-33.8%), from €14,312 to €9,480
- Trade debts -€3,910
down €3,910 (-49.1%), from €7,962 to €4,052
- Debts after one year +€1,655
new in 2025: €1,655
- Current portion of long-term debt +€1,184
new in 2025: €1,184
- Reserves +€631
up €631 (+9.3%), from €6,804 to €7,434
- Depreciation +€1,977
up €1,977 (+127%), from €1,562 to €3,539
- Gross operating margin -€990
down €990 (-14.6%), from €6,788 to €5,798
- Taxes -€760
down €760 (-66.0%), from €1,151 to €392
- Other operating charges +€192
up €192 (+17.5%), from €1,096 to €1,288
- Financial charges -€108
down €108 (-21.3%), from €505 to €398
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 | €31,170 | €25,898 | -€5,271 | -16.9% |
| Fixed assets | 21/28 | €7,510 | €10,125 | +€2,615 | +34.8% |
| Tangible fixed assets | 22/27 | €6,541 | €9,156 | +€2,615 | +40.0% |
| Plant, machinery and equipment | 23 | €1,513 | €5,585 | +€4,072 | +269% |
| Furniture and vehicles | 24 | €5,028 | €3,571 | -€1,456 | -29.0% |
| Financial fixed assets | 28 | €969 | €969 | = | 0.0% |
| Current assets | 29/58 | €23,660 | €15,773 | -€7,887 | -33.3% |
| Stocks and contracts in progress | 3 | €6,814 | €4,840 | -€1,974 | -29.0% |
| Stocks | 30/36 | €6,814 | €4,840 | -€1,974 | -29.0% |
| Amounts receivable within one year | 40/41 | €10,693 | €5,917 | -€4,776 | -44.7% |
| Trade receivables | 40 | €6,160 | €2,291 | -€3,868 | -62.8% |
| Other amounts receivable | 41 | €4,533 | €3,625 | -€907 | -20.0% |
| Cash at bank and in hand | 54/58 | €6,153 | €5,017 | -€1,137 | -18.5% |
| Total equity and liabilities | 10/49 | €31,170 | €25,898 | -€5,271 | -16.9% |
| Equity | 10/15 | €6,904 | €7,534 | +€631 | +9.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €6,804 | €7,434 | +€631 | +9.3% |
| Distributable reserves | 133 | €6,804 | €7,434 | +€631 | +9.3% |
| Amounts payable | 17/49 | €24,266 | €18,364 | -€5,902 | -24.3% |
| Amounts payable after more than one year | 17 | - | €1,655 | +€1,655 | |
| Financial debts | 170/4 | - | €1,655 | +€1,655 | |
| Amounts payable within one year | 42/48 | €24,266 | €16,709 | -€7,557 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,184 | +€1,184 | |
| Trade debts | 44 | €7,962 | €4,052 | -€3,910 | -49.1% |
| Suppliers | 440/4 | €7,962 | €4,052 | -€3,910 | -49.1% |
| Taxes, remuneration and social security | 45 | €1,991 | €1,993 | +€2 | +0.1% |
| Taxes | 450/3 | €1,991 | €1,993 | +€2 | +0.1% |
| Other amounts payable | 47/48 | €14,312 | €9,480 | -€4,832 | -33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,562 | €3,539 | +€1,977 | +127% |
| Other operating charges | 640/8 | €1,096 | €1,288 | +€192 | +17.5% |
| Gross operating margin | 9900 | €6,788 | €5,798 | -€990 | -14.6% |
| Operating profit (loss) | 9901 | €4,130 | €971 | -€3,160 | -76.5% |
| Financial income | 75/76B | €434 | €450 | +€16 | +3.6% |
| Recurring financial income | 75 | €434 | €450 | +€16 | +3.6% |
| Financial charges | 65/66B | €505 | €398 | -€108 | -21.3% |
| Recurring financial charges | 65 | €505 | €398 | -€108 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €4,059 | €1,022 | -€3,036 | -74.8% |
| Income taxes | 67/77 | €1,151 | €392 | -€760 | -66.0% |
| Profit (loss) for the period | 9904 | €2,907 | €631 | -€2,277 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,907 | €631 | -€2,277 | -78.3% |
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 29 October 2026 via checked.be.