SVARC: 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.
SVARC
Largest movements
- Receivables within one year -€8,164
down €8,164 (-6.6%), from €124,606 to €116,442
of which Trade receivables: -€14,574
- Profit (loss) carried forward +€22,335
up €22,335 (+97.4%), from €22,929 to €45,263
- Trade debts -€16,510
down €16,510 (-22.7%), from €72,612 to €56,103
of which Bills of exchange payable: -€8,920
- Tax, wage and social debts -€12,985
down €12,985 (-41.5%), from €31,276 to €18,292
of which Remuneration and social security: -€15,574
- Turnover -€315,032
down €315,032 (-35.8%), from €880,708 to €565,676
- Purchases and services -€313,898
down €313,898 (-36.9%), from €851,525 to €537,627
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 | €130,918 | €123,658 | -€7,261 | -5.5% |
| Current assets | 29/58 | €130,918 | €123,658 | -€7,261 | -5.5% |
| Amounts receivable within one year | 40/41 | €124,606 | €116,442 | -€8,164 | -6.6% |
| Trade receivables | 40 | €78,252 | €63,679 | -€14,574 | -18.6% |
| Other amounts receivable | 41 | €46,354 | €52,763 | +€6,410 | +13.8% |
| Cash at bank and in hand | 54/58 | €6,313 | €7,215 | +€903 | +14.3% |
| Total equity and liabilities | 10/49 | €130,918 | €123,658 | -€7,261 | -5.5% |
| Equity | 10/15 | €26,929 | €49,263 | +€22,335 | +82.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,929 | €45,263 | +€22,335 | +97.4% |
| Amounts payable | 17/49 | €103,990 | €74,394 | -€29,596 | -28.5% |
| Amounts payable within one year | 42/48 | €103,990 | €74,394 | -€29,596 | -28.5% |
| Trade debts | 44 | €72,612 | €56,103 | -€16,510 | -22.7% |
| Suppliers | 440/4 | €48,756 | €41,165 | -€7,590 | -15.6% |
| Bills of exchange payable | 441 | €23,857 | €14,937 | -€8,920 | -37.4% |
| Taxes, remuneration and social security | 45 | €31,276 | €18,292 | -€12,985 | -41.5% |
| Taxes | 450/3 | €5,732 | €8,321 | +€2,589 | +45.2% |
| Remuneration and social security | 454/9 | €25,544 | €9,971 | -€15,574 | -61.0% |
| Other amounts payable | 47/48 | €101 | - | -€101 | |
| Turnover | 70 | €880,708 | €565,676 | -€315,032 | -35.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €851,525 | €537,627 | -€313,898 | -36.9% |
| Remuneration, social security and pensions | 62 | €492 | - | -€492 | |
| Gross operating margin | 9900 | €29,183 | €28,049 | -€1,134 | -3.9% |
| Operating profit (loss) | 9901 | €28,691 | €28,049 | -€642 | -2.2% |
| Financial charges | 65/66B | €31 | €126 | +€95 | +311.7% |
| Recurring financial charges | 65 | €31 | €126 | +€95 | +311.7% |
| Profit (loss) for the period before taxes | 9903 | €28,661 | €27,924 | -€737 | -2.6% |
| Income taxes | 67/77 | €5,732 | €5,589 | -€143 | -2.5% |
| Profit (loss) for the period | 9904 | €22,929 | €22,335 | -€594 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,929 | €22,335 | -€594 | -2.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.