SVDC: 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.
SVDC
Largest movements
- Cash +€4,645
up €4,645 (+17.3%), from €26,844 to €31,489
mainly Net result for the year (+€3,860) and Depreciation (+€2,465)
- Intangible fixed assets -€2,465
down €2,465 (-100%), from €2,465 to €0
- Profit (loss) carried forward +€3,860
up €3,860 (+3.5%), from -€110,035 to -€106,175
- Trade debts -€1,825
down €1,825 (-98.3%), from €1,856 to €32
- Depreciation -€3,809
down €3,809 (-60.7%), from €6,274 to €2,465
- Gross operating margin +€1,172
up €1,172 (+20.3%), from €5,781 to €6,953
- Other operating charges +€402
up €402 (+340%), from €118 to €520
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 | €30,003 | €32,038 | +€2,036 | +6.8% |
| Fixed assets | 21/28 | €2,465 | €0 | -€2,465 | -100% |
| Intangible fixed assets | 21 | €2,465 | €0 | -€2,465 | -100% |
| Current assets | 29/58 | €27,538 | €32,038 | +€4,501 | +16.3% |
| Amounts receivable within one year | 40/41 | €694 | €549 | -€145 | -20.8% |
| Other amounts receivable | 41 | €694 | €549 | -€145 | -20.8% |
| Cash at bank and in hand | 54/58 | €26,844 | €31,489 | +€4,645 | +17.3% |
| Total equity and liabilities | 10/49 | €30,003 | €32,038 | +€2,036 | +6.8% |
| Equity | 10/15 | €4,965 | €8,825 | +€3,860 | +77.8% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,035 | -€106,175 | +€3,860 | +3.5% |
| Amounts payable | 17/49 | €25,038 | €23,213 | -€1,825 | -7.3% |
| Amounts payable within one year | 42/48 | €25,038 | €23,213 | -€1,825 | -7.3% |
| Trade debts | 44 | €1,856 | €32 | -€1,825 | -98.3% |
| Suppliers | 440/4 | €1,856 | €32 | -€1,825 | -98.3% |
| Other amounts payable | 47/48 | €23,182 | €23,182 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,274 | €2,465 | -€3,809 | -60.7% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340% |
| Gross operating margin | 9900 | €5,781 | €6,953 | +€1,172 | +20.3% |
| Operating profit (loss) | 9901 | -€611 | €3,968 | +€4,579 | |
| Financial income | 75/76B | €27 | €15 | -€13 | -46.0% |
| Recurring financial income | 75 | €27 | €15 | -€13 | -46.0% |
| Financial charges | 65/66B | €95 | €122 | +€27 | +28.7% |
| Recurring financial charges | 65 | €95 | €122 | +€27 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | -€679 | €3,860 | +€4,539 | |
| Profit (loss) for the period | 9904 | -€679 | €3,860 | +€4,539 | |
| Profit (loss) for the period to be appropriated | 9905 | -€679 | €3,860 | +€4,539 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.