SVB: 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.
SVB
Largest movements
- Receivables within one year +€54,844
up €54,844 (+36.1%), from €151,902 to €206,746
of which Trade receivables: +€55,687
- Tangible fixed assets +€16,376
up €16,376 (+13.1%), from €125,100 to €141,476
of which Furniture and vehicles: +€24,819
- Stocks and contracts +€13,425
up €13,425 (+47.7%), from €28,154 to €41,579
- Deferred charges and accrued income +€4,609
up €4,609 (+1,110%), from €415 to €5,024
- Trade debts +€56,603
up €56,603 (+82.5%), from €68,614 to €125,217
- Reserves +€26,173
up €26,173 (+16.6%), from €157,284 to €183,457
of which Distributable reserves: +€26,173
- Debts after one year +€12,820
up €12,820 (+17.0%), from €75,487 to €88,307
- Other debts -€12,692
no longer reported in 2025 (was €12,692)
- Gross operating margin +€17,818
up €17,818 (+35.2%), from €50,554 to €68,372
- Depreciation +€8,352
up €8,352 (+74.8%), from €11,166 to €19,518
- Other operating charges +€4,851
up €4,851 (+257%), from €1,885 to €6,737
- Financial charges +€1,118
up €1,118 (+21.3%), from €5,235 to €6,353
- Taxes +€905
up €905 (+10.4%), from €8,742 to €9,647
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 | €337,247 | €423,062 | +€85,814 | +25.4% |
| Fixed assets | 21/28 | €125,100 | €141,476 | +€16,376 | +13.1% |
| Tangible fixed assets | 22/27 | €125,100 | €141,476 | +€16,376 | +13.1% |
| Land and buildings | 22 | €99,894 | €93,443 | -€6,450 | -6.5% |
| Plant, machinery and equipment | 23 | €9,528 | €7,536 | -€1,992 | -20.9% |
| Furniture and vehicles | 24 | €15,679 | €40,497 | +€24,819 | +158% |
| Current assets | 29/58 | €212,147 | €281,585 | +€69,438 | +32.7% |
| Amounts receivable after more than one year | 29 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 291 | €12,000 | €12,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €28,154 | €41,579 | +€13,425 | +47.7% |
| Stocks | 30/36 | €28,154 | €41,579 | +€13,425 | +47.7% |
| Amounts receivable within one year | 40/41 | €151,902 | €206,746 | +€54,844 | +36.1% |
| Trade receivables | 40 | €127,018 | €182,705 | +€55,687 | +43.8% |
| Other amounts receivable | 41 | €24,884 | €24,041 | -€843 | -3.4% |
| Cash at bank and in hand | 54/58 | €19,676 | €16,237 | -€3,439 | -17.5% |
| Deferred charges and accrued income | 490/1 | €415 | €5,024 | +€4,609 | +1,110% |
| Total equity and liabilities | 10/49 | €337,247 | €423,062 | +€85,814 | +25.4% |
| Equity | 10/15 | €163,484 | €189,657 | +€26,173 | +16.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157,284 | €183,457 | +€26,173 | +16.6% |
| Tax-exempt reserves | 132 | €15,117 | €15,117 | = | 0.0% |
| Distributable reserves | 133 | €142,167 | €168,340 | +€26,173 | +18.4% |
| Amounts payable | 17/49 | €173,763 | €233,405 | +€59,641 | +34.3% |
| Amounts payable after more than one year | 17 | €75,487 | €88,307 | +€12,820 | +17.0% |
| Financial debts | 170/4 | €75,487 | €88,307 | +€12,820 | +17.0% |
| Amounts payable within one year | 42/48 | €98,277 | €145,098 | +€46,821 | +47.6% |
| Current portion of amounts payable after more than one year | 42 | €16,971 | €19,881 | +€2,911 | +17.2% |
| Trade debts | 44 | €68,614 | €125,217 | +€56,603 | +82.5% |
| Suppliers | 440/4 | €68,614 | €125,217 | +€56,603 | +82.5% |
| Other amounts payable | 47/48 | €12,692 | - | -€12,692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,166 | €19,518 | +€8,352 | +74.8% |
| Other operating charges | 640/8 | €1,885 | €6,737 | +€4,851 | +257% |
| Gross operating margin | 9900 | €50,554 | €68,372 | +€17,818 | +35.2% |
| Operating profit (loss) | 9901 | €37,503 | €42,118 | +€4,615 | +12.3% |
| Financial income | 75/76B | €464 | €54 | -€409 | -88.2% |
| Recurring financial income | 75 | €464 | €54 | -€409 | -88.2% |
| Financial charges | 65/66B | €5,235 | €6,353 | +€1,118 | +21.3% |
| Recurring financial charges | 65 | €5,235 | €6,353 | +€1,118 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €32,732 | €35,820 | +€3,088 | +9.4% |
| Income taxes | 67/77 | €8,742 | €9,647 | +€905 | +10.4% |
| Profit (loss) for the period | 9904 | €23,990 | €26,173 | +€2,183 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,990 | €26,173 | +€2,183 | +9.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.