SVDE: 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.
SVDE
Largest movements
- Cash +€13,569
up €13,569 (+424%), from €3,199 to €16,767
mainly Receivables within one year (+€9,240) and Net result for the year (+€4,528)
- Receivables within one year -€9,240
down €9,240 (-44.2%), from €20,884 to €11,644
of which Trade receivables: -€14,986
- Other debts -€5,061
down €5,061 (-100%), from €5,061 to €0
- Reserves +€4,500
up €4,500 (+73.8%), from €6,100 to €10,600
- Trade debts +€2,629
up €2,629 (+710%), from €370 to €2,999
- Tax, wage and social debts +€2,556
up €2,556 (+35.5%), from €7,190 to €9,746
- Accrued charges and deferred income -€323
down €323 (-100%), from €323 to €0
- Gross operating margin -€9,237
down €9,237 (-56.3%), from €16,410 to €7,172
- Financial income +€1,034
up €1,034 (+5,650%), from €18 to €1,052
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 | €24,083 | €28,411 | +€4,328 | +18.0% |
| Current assets | 29/58 | €24,083 | €28,411 | +€4,328 | +18.0% |
| Amounts receivable within one year | 40/41 | €20,884 | €11,644 | -€9,240 | -44.2% |
| Trade receivables | 40 | €20,884 | €5,898 | -€14,986 | -71.8% |
| Other amounts receivable | 41 | - | €5,746 | +€5,746 | |
| Cash at bank and in hand | 54/58 | €3,199 | €16,767 | +€13,569 | +424% |
| Total equity and liabilities | 10/49 | €24,083 | €28,411 | +€4,328 | +18.0% |
| Equity | 10/15 | €11,138 | €15,666 | +€4,528 | +40.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,100 | €10,600 | +€4,500 | +73.8% |
| Distributable reserves | 133 | €6,100 | €10,600 | +€4,500 | +73.8% |
| Profit (loss) carried forward | 14 | €38 | €66 | +€28 | +71.8% |
| Amounts payable | 17/49 | €12,944 | €12,745 | -€199 | -1.5% |
| Amounts payable within one year | 42/48 | €12,621 | €12,745 | +€124 | +1.0% |
| Trade debts | 44 | €370 | €2,999 | +€2,629 | +710% |
| Suppliers | 440/4 | €370 | €2,999 | +€2,629 | +710% |
| Taxes, remuneration and social security | 45 | €7,190 | €9,746 | +€2,556 | +35.5% |
| Taxes | 450/3 | €7,190 | €9,746 | +€2,556 | +35.5% |
| Other amounts payable | 47/48 | €5,061 | €0 | -€5,061 | -100% |
| Accrued charges and deferred income | 492/3 | €323 | €0 | -€323 | -100% |
| Other operating charges | 640/8 | €118 | €0 | -€118 | -100% |
| Gross operating margin | 9900 | €16,410 | €7,172 | -€9,237 | -56.3% |
| Operating profit (loss) | 9901 | €16,292 | €7,172 | -€9,119 | -56.0% |
| Financial income | 75/76B | €18 | €1,052 | +€1,034 | +5,650% |
| Recurring financial income | 75 | €18 | €1,052 | +€1,034 | +5,650% |
| Financial charges | 65/66B | €297 | €396 | +€100 | +33.6% |
| Recurring financial charges | 65 | €297 | €396 | +€100 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €16,013 | €7,828 | -€8,185 | -51.1% |
| Income taxes | 67/77 | €3,139 | €3,301 | +€162 | +5.1% |
| Profit (loss) for the period | 9904 | €12,874 | €4,528 | -€8,347 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,874 | €4,528 | -€8,347 | -64.8% |
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.