SV Perfusion: 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 Perfusion
Largest movements
- Current investments +€269,850
new in 2025: €269,850
- Cash -€201,217
down €201,217 (-98.3%), from €204,610 to €3,393
mainly Current investments (-€269,850) and Contributions, distributions and other (-€40,000)
- Tangible fixed assets -€4,260
down €4,260 (-52.7%), from €8,077 to €3,817
- Deferred charges and accrued income -€3,373
no longer reported in 2025 (was €3,373)
- Other debts +€36,880
up €36,880 (+1009.3%), from €3,654 to €40,534
- Reserves +€20,000
up €20,000 (+9.8%), from €203,500 to €223,500
- Tax, wage and social debts +€4,550
up €4,550 (+61.4%), from €7,408 to €11,958
- Purchases and services -€7,336
down €7,336 (-9.4%), from €77,935 to €70,599
- Gross operating margin +€5,991
up €5,991 (+7.1%), from €84,446 to €90,437
- Depreciation +€3,559
up €3,559 (+507.7%), from €701 to €4,260
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 | €227,915 | €290,389 | +€62,474 | +27.4% |
| Fixed assets | 21/28 | €8,120 | €3,860 | -€4,260 | -52.5% |
| Tangible fixed assets | 22/27 | €8,077 | €3,817 | -€4,260 | -52.7% |
| Furniture and vehicles | 24 | €8,077 | €3,817 | -€4,260 | -52.7% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €219,795 | €286,529 | +€66,734 | +30.4% |
| Amounts receivable within one year | 40/41 | €11,812 | €13,286 | +€1,474 | +12.5% |
| Trade receivables | 40 | €11,812 | €13,286 | +€1,474 | +12.5% |
| Current investments | 50/53 | - | €269,850 | +€269,850 | |
| Cash at bank and in hand | 54/58 | €204,610 | €3,393 | -€201,217 | -98.3% |
| Deferred charges and accrued income | 490/1 | €3,373 | - | -€3,373 | |
| Total equity and liabilities | 10/49 | €227,915 | €290,389 | +€62,474 | +27.4% |
| Equity | 10/15 | €213,295 | €234,491 | +€21,196 | +9.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €203,500 | €223,500 | +€20,000 | +9.8% |
| Distributable reserves | 133 | €203,500 | €223,500 | +€20,000 | +9.8% |
| Profit (loss) carried forward | 14 | €6,795 | €7,991 | +€1,196 | +17.6% |
| Amounts payable | 17/49 | €14,620 | €55,898 | +€41,278 | +282.3% |
| Amounts payable within one year | 42/48 | €11,931 | €53,218 | +€41,287 | +346.0% |
| Trade debts | 44 | €869 | €726 | -€143 | -16.5% |
| Suppliers | 440/4 | €869 | €726 | -€143 | -16.5% |
| Taxes, remuneration and social security | 45 | €7,408 | €11,958 | +€4,550 | +61.4% |
| Taxes | 450/3 | €7,408 | €11,958 | +€4,550 | +61.4% |
| Other amounts payable | 47/48 | €3,654 | €40,534 | +€36,880 | +1009.3% |
| Accrued charges and deferred income | 492/3 | €2,689 | €2,680 | -€9 | -0.3% |
| Turnover | 70 | €158,043 | €156,782 | -€1,261 | -0.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €77,935 | €70,599 | -€7,336 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €701 | €4,260 | +€3,559 | +507.7% |
| Other operating charges | 640/8 | €899 | €928 | +€29 | +3.2% |
| Non-recurring operating charges | 66A | €200 | - | -€200 | |
| Gross operating margin | 9900 | €84,446 | €90,437 | +€5,991 | +7.1% |
| Operating profit (loss) | 9901 | €82,646 | €85,249 | +€2,603 | +3.1% |
| Financial charges | 65/66B | €429 | €96 | -€333 | -77.6% |
| Recurring financial charges | 65 | €429 | €96 | -€333 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | €82,217 | €85,153 | +€2,936 | +3.6% |
| Income taxes | 67/77 | €23,408 | €23,957 | +€549 | +2.3% |
| Profit (loss) for the period | 9904 | €58,809 | €61,196 | +€2,387 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,809 | €61,196 | +€2,387 | +4.1% |
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 5 October 2026 via checked.be.