SVBS: 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.
SVBS
Largest movements
- Cash +€58,048
up €58,048 (+71.9%), from €80,764 to €138,811
mainly Net result for the year (+€57,354) and Receivables within one year (+€605)
- Reserves +€57,354
up €57,354 (+74.2%), from €77,277 to €134,631
- Gross operating margin +€14,217
up €14,217 (+23.1%), from €61,563 to €75,780
- Taxes +€3,259
up €3,259 (+25.6%), from €12,754 to €16,013
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 | €99,286 | €156,812 | +€57,526 | +57.9% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €99,286 | €156,812 | +€57,526 | +57.9% |
| Amounts receivable within one year | 40/41 | €17,545 | €16,940 | -€605 | -3.4% |
| Trade receivables | 40 | €17,545 | €16,940 | -€605 | -3.4% |
| Cash at bank and in hand | 54/58 | €80,764 | €138,811 | +€58,048 | +71.9% |
| Deferred charges and accrued income | 490/1 | €977 | €1,061 | +€83 | +8.5% |
| Total equity and liabilities | 10/49 | €99,286 | €156,812 | +€57,526 | +57.9% |
| Equity | 10/15 | €82,277 | €139,631 | +€57,354 | +69.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €77,277 | €134,631 | +€57,354 | +74.2% |
| Distributable reserves | 133 | €77,277 | €134,631 | +€57,354 | +74.2% |
| Amounts payable | 17/49 | €17,009 | €17,181 | +€172 | +1.0% |
| Amounts payable within one year | 42/48 | €16,859 | €17,181 | +€322 | +1.9% |
| Trade debts | 44 | €448 | €217 | -€231 | -51.6% |
| Suppliers | 440/4 | €448 | €217 | -€231 | -51.6% |
| Taxes, remuneration and social security | 45 | €15,443 | €15,664 | +€221 | +1.4% |
| Taxes | 450/3 | €13,143 | €15,664 | +€2,521 | +19.2% |
| Remuneration and social security | 454/9 | €2,300 | €0 | -€2,300 | -100.0% |
| Other amounts payable | 47/48 | €968 | €1,300 | +€332 | +34.3% |
| Accrued charges and deferred income | 492/3 | €150 | €0 | -€150 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €452 | €0 | -€452 | -100.0% |
| Other operating charges | 640/8 | €726 | €702 | -€24 | -3.4% |
| Gross operating margin | 9900 | €61,563 | €75,780 | +€14,217 | +23.1% |
| Operating profit (loss) | 9901 | €60,385 | €75,078 | +€14,693 | +24.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,979 | €1,711 | -€267 | -13.5% |
| Recurring financial charges | 65 | €1,979 | €1,711 | -€267 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €58,406 | €73,367 | +€14,960 | +25.6% |
| Income taxes | 67/77 | €12,754 | €16,013 | +€3,259 | +25.6% |
| Profit (loss) for the period | 9904 | €45,653 | €57,354 | +€11,702 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,653 | €57,354 | +€11,702 | +25.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.