SVD Bezettingswerken: what changed
What changed
SVD Bezettingswerken
NACE 23.510, Manufacture of other non-metallic mineral products
filed annual accounts (NBB)
Net result for the year
€61,422
2020 · €40,968+€20,454
Equity
€200,558
2020 · €152,011+€48,547
Cash
€159,988
2020 · €153,121+€6,866
Balance sheet total
€272,605
2020 · €232,942+€39,663
Largest movements
Assets
- Current assets +€40,283
up €40,283 (+24.2%), from €166,411 to €206,694
of which Current investments: +€26,371
Equity and liabilities
- Reserves +€48,547
up €48,547 (+32.0%), from €151,511 to €200,058
of which Distributable reserves: +€199,702
- Debts -€8,884
down €8,884 (-11.0%), from €80,932 to €72,048
of which Debts after one year: -€13,292
Income statement
- Staff costs +€59,625
new in 2021: €59,625
- Gross operating margin +€40,639
up €40,639 (+31.0%), from €131,053 to €171,692
- Taxes +€9,984
up €9,984 (+51.3%), from €19,472 to €29,456
- Depreciation +€7,659
up €7,659 (+65.9%), from €11,620 to €19,278
- Other operating charges +€2,425
new in 2021: €2,425
Change in the result, 2020 to 2021
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2020
€40,968
Gross operating margin
+€40,639
Staff costs
-€59,625
Depreciation
-€7,659
Other operating charges
-€2,425
Other operating items
+€58,343
Financial income
+€1,454
Financial charges
-€940
Other financial items
+€650
Taxes
-€9,984
Result 2021
€61,422
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €232,942 | €272,605 | +€39,663 | +17.0% |
| Fixed assets | 21/28 | €66,531 | €65,911 | -€620 | -0.9% |
| Tangible fixed assets | 22/27 | €66,531 | €65,911 | -€620 | -0.9% |
| Plant, machinery and equipment | 23 | - | €7,706 | +€7,706 | |
| Furniture and vehicles | 24 | - | €58,205 | +€58,205 | |
| Current assets | 29/58 | €166,411 | €206,694 | +€40,283 | +24.2% |
| Amounts receivable within one year | 40/41 | €11,606 | €20,335 | +€8,729 | +75.2% |
| Trade receivables | 40 | - | €17,560 | +€17,560 | |
| Other amounts receivable | 41 | - | €2,775 | +€2,775 | |
| Current investments | 50/53 | - | €26,371 | +€26,371 | |
| Cash at bank and in hand | 54/58 | €153,121 | €159,988 | +€6,866 | +4.5% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €232,942 | €272,605 | +€39,663 | +17.0% |
| Equity | 10/15 | €152,011 | €200,558 | +€48,547 | +31.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €151,511 | €200,058 | +€48,547 | +32.0% |
| Non-distributable reserves | 130/1 | - | €356 | +€356 | |
| Reserves not available under the articles | 1311 | - | €356 | +€356 | |
| Distributable reserves | 133 | - | €199,702 | +€199,702 | |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €80,932 | €72,048 | -€8,884 | -11.0% |
| Amounts payable after more than one year | 17 | €35,400 | €22,108 | -€13,292 | -37.5% |
| Financial debts | 170/4 | - | €22,108 | +€22,108 | |
| Amounts payable within one year | 42/48 | €45,132 | €49,238 | +€4,106 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | - | €13,292 | +€13,292 | |
| Trade debts | 44 | €15,798 | €9,913 | -€5,884 | -37.2% |
| Suppliers | 440/4 | - | €9,913 | +€9,913 | |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | - | €12,282 | +€12,282 | |
| Taxes | 450/3 | - | €5,001 | +€5,001 | |
| Remuneration and social security | 454/9 | - | €7,281 | +€7,281 | |
| Other amounts payable | 47/48 | - | €13,751 | +€13,751 | |
| Accrued charges and deferred income | 492/3 | - | €702 | +€702 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €59,625 | +€59,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,620 | €19,278 | +€7,659 | +65.9% |
| Other operating charges | 640/8 | - | €2,425 | +€2,425 | |
| Gross operating margin | 9900 | €131,053 | €171,692 | +€40,639 | +31.0% |
| Operating profit (loss) | 9901 | €61,090 | €90,364 | +€29,274 | +47.9% |
| Financial income | 75/76B | - | €1,454 | +€1,454 | |
| Recurring financial income | 75 | €1 | €1,454 | +€1,453 | +130,929% |
| Financial charges | 65/66B | - | €940 | +€940 | |
| Recurring financial charges | 65 | €651 | €940 | +€289 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €60,440 | €90,878 | +€30,438 | +50.4% |
| Income taxes | 67/77 | €19,472 | €29,456 | +€9,984 | +51.3% |
| Profit (loss) for the period | 9904 | €40,968 | €61,422 | +€20,454 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,968 | €61,422 | +€20,454 | +49.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.