SVA DESIGN: 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.
SVA DESIGN
Largest movements
- Receivables within one year +€27,980
up €27,980 (+38.7%), from €72,292 to €100,272
of which Trade receivables: +€44,859
- Tangible fixed assets -€12,851
down €12,851 (-22.6%), from €56,955 to €44,104
- Cash +€11,413
up €11,413 (+70.1%), from €16,281 to €27,694
mainly Net result for the year (+€34,281) and Depreciation (+€12,851)
- Stocks and contracts +€2,190
new in 2025: €2,190
- Reserves +€34,281
up €34,281 (+61.3%), from €55,963 to €90,244
- Trade debts +€11,077
up €11,077 (+64.1%), from €17,279 to €28,356
- Accrued charges and deferred income -€8,550
down €8,550 (-100.0%), from €8,550 to €0
- Tax, wage and social debts -€7,498
down €7,498 (-28.1%), from €26,657 to €19,159
of which Taxes: -€10,004
- Debts after one year -€7,132
down €7,132 (-27.2%), from €26,216 to €19,084
- Gross operating margin -€22,076
down €22,076 (-26.4%), from €83,702 to €61,626
- Taxes -€6,714
down €6,714 (-35.2%), from €19,053 to €12,339
- Depreciation +€5,551
up €5,551 (+76.1%), from €7,299 to €12,851
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 | €145,527 | €174,260 | +€28,733 | +19.7% |
| Fixed assets | 21/28 | €56,955 | €44,104 | -€12,851 | -22.6% |
| Tangible fixed assets | 22/27 | €56,955 | €44,104 | -€12,851 | -22.6% |
| Furniture and vehicles | 24 | €56,955 | €44,104 | -€12,851 | -22.6% |
| Current assets | 29/58 | €88,572 | €130,156 | +€41,584 | +46.9% |
| Stocks and contracts in progress | 3 | - | €2,190 | +€2,190 | |
| Stocks | 30/36 | - | €2,190 | +€2,190 | |
| Amounts receivable within one year | 40/41 | €72,292 | €100,272 | +€27,980 | +38.7% |
| Trade receivables | 40 | €54,643 | €99,503 | +€44,859 | +82.1% |
| Other amounts receivable | 41 | €17,648 | €769 | -€16,879 | -95.6% |
| Cash at bank and in hand | 54/58 | €16,281 | €27,694 | +€11,413 | +70.1% |
| Total equity and liabilities | 10/49 | €145,527 | €174,260 | +€28,733 | +19.7% |
| Equity | 10/15 | €59,963 | €94,244 | +€34,281 | +57.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €55,963 | €90,244 | +€34,281 | +61.3% |
| Distributable reserves | 133 | €55,963 | €90,244 | +€34,281 | +61.3% |
| Amounts payable | 17/49 | €85,564 | €80,016 | -€5,548 | -6.5% |
| Amounts payable after more than one year | 17 | €26,216 | €19,084 | -€7,132 | -27.2% |
| Financial debts | 170/4 | €26,216 | €19,084 | -€7,132 | -27.2% |
| Amounts payable within one year | 42/48 | €50,798 | €60,932 | +€10,134 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €6,862 | €7,132 | +€270 | +3.9% |
| Trade debts | 44 | €17,279 | €28,356 | +€11,077 | +64.1% |
| Suppliers | 440/4 | €17,279 | €28,356 | +€11,077 | +64.1% |
| Taxes, remuneration and social security | 45 | €26,657 | €19,159 | -€7,498 | -28.1% |
| Taxes | 450/3 | €22,343 | €12,339 | -€10,004 | -44.8% |
| Remuneration and social security | 454/9 | €4,314 | €6,820 | +€2,506 | +58.1% |
| Other amounts payable | 47/48 | - | €6,285 | +€6,285 | |
| Accrued charges and deferred income | 492/3 | €8,550 | €0 | -€8,550 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,299 | €12,851 | +€5,551 | +76.1% |
| Other operating charges | 640/8 | €707 | €764 | +€57 | +8.1% |
| Gross operating margin | 9900 | €83,702 | €61,626 | -€22,076 | -26.4% |
| Operating profit (loss) | 9901 | €75,695 | €48,011 | -€27,685 | -36.6% |
| Financial income | 75/76B | €468 | €0 | -€468 | -100.0% |
| Recurring financial income | 75 | €468 | €0 | -€468 | -100.0% |
| Financial charges | 65/66B | €1,147 | €1,391 | +€244 | +21.2% |
| Recurring financial charges | 65 | €1,147 | €1,391 | +€244 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €75,016 | €46,620 | -€28,396 | -37.9% |
| Income taxes | 67/77 | €19,053 | €12,339 | -€6,714 | -35.2% |
| Profit (loss) for the period | 9904 | €55,963 | €34,281 | -€21,683 | -38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,963 | €34,281 | -€21,683 | -38.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.