SVASTA: 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.
SVASTA
Largest movements
- Financial fixed assets +€2.2m
up €2.2m (+192.1%), from €1.2m to €3.4m
- Receivables within one year +€1.8m
up €1.8m (+44.7%), from €4.1m to €5.9m
of which Other amounts receivable: +€944,464
- Reserves +€1.6m
up €1.6m (+89.6%), from €1.7m to €3.3m
- Accrued charges and deferred income +€1.0m
up €1.0m (+192.3%), from €523,310 to €1.5m
- Provisions +€900,000
up €900,000 (+64.3%), from €1.4m to €2.3m
- Trade debts +€793,512
up €793,512 (+86.0%), from €922,925 to €1.7m
- Other debts +€737,364
up €737,364 (+602.5%), from €122,392 to €859,756
- Turnover -€5.8m
down €5.8m (-42.2%), from €13.8m to €8.0m
- Purchases and services -€4.6m
down €4.6m (-50.2%), from €9.1m to €4.6m
- Gross operating margin -€1.2m
down €1.2m (-26.4%), from €4.7m to €3.4m
- Staff costs -€1.1m
down €1.1m (-52.9%), from €2.0m to €936,813
- Other operating charges -€143,038
down €143,038 (-76.4%), from €187,233 to €44,195
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,878,971 | €10,789,412 | +€3.9m | +56.8% |
| Fixed assets | 21/28 | €2,682,964 | €4,869,019 | +€2.2m | +81.5% |
| Tangible fixed assets | 22/27 | €1,522,329 | €1,478,722 | -€43,606 | -2.9% |
| Land and buildings | 22 | €1,400,000 | €1,424,524 | +€24,524 | +1.8% |
| Furniture and vehicles | 24 | €122,329 | €54,199 | -€68,130 | -55.7% |
| Financial fixed assets | 28 | €1,160,635 | €3,390,297 | +€2.2m | +192.1% |
| Current assets | 29/58 | €4,196,008 | €5,920,394 | +€1.7m | +41.1% |
| Amounts receivable within one year | 40/41 | €4,073,351 | €5,893,091 | +€1.8m | +44.7% |
| Trade receivables | 40 | - | €875,276 | +€875,276 | |
| Other amounts receivable | 41 | €4,073,351 | €5,017,815 | +€944,464 | +23.2% |
| Cash at bank and in hand | 54/58 | €118,398 | €25,148 | -€93,250 | -78.8% |
| Deferred charges and accrued income | 490/1 | €4,258 | €2,154 | -€2,104 | -49.4% |
| Total equity and liabilities | 10/49 | €6,878,971 | €10,789,412 | +€3.9m | +56.8% |
| Equity | 10/15 | €1,792,408 | €3,353,275 | +€1.6m | +87.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,742,408 | €3,303,275 | +€1.6m | +89.6% |
| Distributable reserves | 133 | €1,742,408 | €3,303,275 | +€1.6m | +89.6% |
| Provisions and deferred taxes | 16 | €1,400,000 | €2,300,000 | +€900,000 | +64.3% |
| Provisions for liabilities and charges | 160/5 | €1,400,000 | €2,300,000 | +€900,000 | +64.3% |
| Major repairs and maintenance | 162 | €1,400,000 | €2,300,000 | +€900,000 | +64.3% |
| Amounts payable | 17/49 | €3,686,564 | €5,136,138 | +€1.4m | +39.3% |
| Amounts payable within one year | 42/48 | €3,163,253 | €3,606,346 | +€443,092 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €1,501,850 | €916,216 | -€585,635 | -39.0% |
| Trade debts | 44 | €922,925 | €1,716,437 | +€793,512 | +86.0% |
| Suppliers | 440/4 | €922,925 | €1,716,437 | +€793,512 | +86.0% |
| Taxes, remuneration and social security | 45 | €616,086 | €113,937 | -€502,150 | -81.5% |
| Taxes | 450/3 | €309,490 | - | -€309,490 | |
| Remuneration and social security | 454/9 | €306,597 | €113,937 | -€192,660 | -62.8% |
| Other amounts payable | 47/48 | €122,392 | €859,756 | +€737,364 | +602.5% |
| Accrued charges and deferred income | 492/3 | €523,310 | €1,529,792 | +€1.0m | +192.3% |
| Turnover | 70 | €13,791,808 | €7,970,753 | -€5.8m | -42.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,137,763 | €4,553,800 | -€4.6m | -50.2% |
| Remuneration, social security and pensions | 62 | €1,990,085 | €936,813 | -€1.1m | -52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,870 | €2,471 | -€1,398 | -36.1% |
| Other operating charges | 640/8 | €187,233 | €44,195 | -€143,038 | -76.4% |
| Non-recurring operating charges | 66A | - | €56,042 | +€56,042 | |
| Gross operating margin | 9900 | €4,679,269 | €3,442,927 | -€1.2m | -26.4% |
| Operating profit (loss) | 9901 | €2,498,081 | €2,403,406 | -€94,676 | -3.8% |
| Financial income | 75/76B | €62,639 | €71,764 | +€9,126 | +14.6% |
| Recurring financial income | 75 | €62,639 | €71,764 | +€9,126 | +14.6% |
| Financial charges | 65/66B | €8,807 | €46,020 | +€37,213 | +422.5% |
| Recurring financial charges | 65 | €8,807 | €46,020 | +€37,213 | +422.5% |
| Profit (loss) for the period before taxes | 9903 | €2,551,913 | €2,429,150 | -€122,763 | -4.8% |
| Income taxes | 67/77 | €1,009,490 | €868,283 | -€141,207 | -14.0% |
| Profit (loss) for the period | 9904 | €1,542,423 | €1,560,867 | +€18,443 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,542,423 | €1,560,867 | +€18,443 | +1.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.