SVALBARD: 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.
SVALBARD
Largest movements
- Tangible fixed assets -€32,113
down €32,113 (-3.6%), from €882,509 to €850,396
- Deferred charges and accrued income -€23,081
down €23,081 (-96.2%), from €24,000 to €919
- Debts after one year -€39,136
down €39,136 (-11.3%), from €345,042 to €305,906
of which Financial debts: -€39,136
- Other debts -€31,323
down €31,323 (-9.9%), from €316,033 to €284,709
- Profit (loss) carried forward +€17,753
up €17,753 (+31.8%), from -€55,762 to -€38,010
- Tax, wage and social debts +€10,313
up €10,313 (+2477.8%), from €416 to €10,730
- Financial charges -€1,183
down €1,183 (-5.2%), from €22,531 to €21,348
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 | €911,109 | €865,322 | -€45,787 | -5.0% |
| Fixed assets | 21/28 | €882,509 | €850,396 | -€32,113 | -3.6% |
| Tangible fixed assets | 22/27 | €882,509 | €850,396 | -€32,113 | -3.6% |
| Land and buildings | 22 | €882,509 | €850,396 | -€32,113 | -3.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €28,601 | €14,927 | -€13,674 | -47.8% |
| Amounts receivable within one year | 40/41 | €1,605 | €8,597 | +€6,992 | +435.7% |
| Trade receivables | 40 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts receivable | 41 | €605 | €8,597 | +€7,992 | +1321.6% |
| Cash at bank and in hand | 54/58 | €2,996 | €5,411 | +€2,415 | +80.6% |
| Deferred charges and accrued income | 490/1 | €24,000 | €919 | -€23,081 | -96.2% |
| Total equity and liabilities | 10/49 | €911,109 | €865,322 | -€45,787 | -5.0% |
| Equity | 10/15 | €204,238 | €221,990 | +€17,753 | +8.7% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,762 | -€38,010 | +€17,753 | +31.8% |
| Amounts payable | 17/49 | €706,872 | €643,332 | -€63,540 | -9.0% |
| Amounts payable after more than one year | 17 | €345,042 | €305,906 | -€39,136 | -11.3% |
| Financial debts | 170/4 | €342,672 | €303,536 | -€39,136 | -11.4% |
| Other amounts payable | 178/9 | €2,370 | €2,370 | = | 0.0% |
| Amounts payable within one year | 42/48 | €361,830 | €337,426 | -€24,404 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €38,779 | €39,136 | +€357 | +0.9% |
| Trade debts | 44 | €6,602 | €2,851 | -€3,751 | -56.8% |
| Suppliers | 440/4 | €6,602 | €2,851 | -€3,751 | -56.8% |
| Taxes, remuneration and social security | 45 | €416 | €10,730 | +€10,313 | +2477.8% |
| Taxes | 450/3 | €416 | €10,730 | +€10,313 | +2477.8% |
| Other amounts payable | 47/48 | €316,033 | €284,709 | -€31,323 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,140 | €39,465 | -€675 | -1.7% |
| Other operating charges | 640/8 | €4,035 | €4,158 | +€123 | +3.0% |
| Gross operating margin | 9900 | €83,486 | €82,723 | -€762 | -0.9% |
| Operating profit (loss) | 9901 | €39,311 | €39,101 | -€210 | -0.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €22,531 | €21,348 | -€1,183 | -5.2% |
| Recurring financial charges | 65 | €22,531 | €21,348 | -€1,183 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €16,780 | €17,753 | +€973 | +5.8% |
| Profit (loss) for the period | 9904 | €16,780 | €17,753 | +€973 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,780 | €17,753 | +€973 | +5.8% |
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 6 October 2026 via checked.be.