SV SPRL: 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 SPRL
Largest movements
- Cash +€27,888
up €27,888 (+49.6%), from €56,219 to €84,107
mainly Other debts (+€67,055) and Depreciation (+€9,887)
- Tangible fixed assets -€9,887
down €9,887 (-6.1%), from €160,871 to €150,985
of which Land and buildings: -€7,004
- Other debts +€67,055
new in 2025: €67,055
- Reserves -€60,897
down €60,897 (-33.4%), from €182,115 to €121,218
of which Distributable reserves: -€60,897
- Accrued charges and deferred income +€9,036
new in 2025: €9,036
- Gross operating margin +€7,055
up €7,055 (+53.9%), from €13,083 to €20,137
- Depreciation -€4,142
down €4,142 (-29.5%), from €14,029 to €9,887
- Taxes +€3,759
up €3,759 (+446%), from €842 to €4,601
- Financial income +€1,652
up €1,652 (+254%), from €650 to €2,302
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 | €322,051 | €340,197 | +€18,146 | +5.6% |
| Fixed assets | 21/28 | €160,971 | €151,085 | -€9,887 | -6.1% |
| Tangible fixed assets | 22/27 | €160,871 | €150,985 | -€9,887 | -6.1% |
| Land and buildings | 22 | €156,092 | €149,088 | -€7,004 | -4.5% |
| Plant, machinery and equipment | 23 | €1,101 | €645 | -€456 | -41.4% |
| Furniture and vehicles | 24 | €3,679 | €1,252 | -€2,427 | -66.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €161,080 | €189,112 | +€28,033 | +17.4% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Trade receivables | 290 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,595 | €22,586 | -€9 | 0.0% |
| Trade receivables | 40 | - | €2,586 | +€2,586 | |
| Other amounts receivable | 41 | €22,595 | €20,000 | -€2,595 | -11.5% |
| Cash at bank and in hand | 54/58 | €56,219 | €84,107 | +€27,888 | +49.6% |
| Deferred charges and accrued income | 490/1 | €2,265 | €2,419 | +€154 | +6.8% |
| Total equity and liabilities | 10/49 | €322,051 | €340,197 | +€18,146 | +5.6% |
| Equity | 10/15 | €320,858 | €259,961 | -€60,897 | -19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €182,115 | €121,218 | -€60,897 | -33.4% |
| Non-distributable reserves | 130/1 | €4,900 | €4,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,900 | €4,900 | = | 0.0% |
| Distributable reserves | 133 | €177,215 | €116,318 | -€60,897 | -34.4% |
| Profit (loss) carried forward | 14 | €120,143 | €120,143 | = | 0.0% |
| Amounts payable | 17/49 | €1,193 | €80,236 | +€79,043 | +6,623% |
| Amounts payable within one year | 42/48 | €1,193 | €71,200 | +€70,007 | +5,866% |
| Trade debts | 44 | €244 | €552 | +€307 | +126% |
| Suppliers | 440/4 | €244 | €552 | +€307 | +126% |
| Taxes, remuneration and social security | 45 | €949 | €3,593 | +€2,644 | +279% |
| Taxes | 450/3 | €949 | €3,593 | +€2,644 | +279% |
| Other amounts payable | 47/48 | - | €67,055 | +€67,055 | |
| Accrued charges and deferred income | 492/3 | - | €9,036 | +€9,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,029 | €9,887 | -€4,142 | -29.5% |
| Other operating charges | 640/8 | €1,842 | €1,877 | +€35 | +1.9% |
| Gross operating margin | 9900 | €13,083 | €20,137 | +€7,055 | +53.9% |
| Operating profit (loss) | 9901 | -€2,788 | €8,373 | +€11,161 | |
| Financial income | 75/76B | €650 | €2,302 | +€1,652 | +254% |
| Recurring financial income | 75 | €650 | €2,302 | +€1,652 | +254% |
| Financial charges | 65/66B | €42 | €39 | -€3 | -6.1% |
| Recurring financial charges | 65 | €42 | €39 | -€3 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,179 | €10,636 | +€12,816 | |
| Income taxes | 67/77 | €842 | €4,601 | +€3,759 | +446% |
| Profit (loss) for the period | 9904 | -€3,021 | €6,036 | +€9,057 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,021 | €6,036 | +€9,057 |
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 14 October 2026 via checked.be.