SVDG CONSULT: 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.
SVDG CONSULT
Largest movements
- Tangible fixed assets +€12,689
up €12,689 (+77.8%), from €16,312 to €29,001
of which Furniture and vehicles: +€12,226
- Cash -€8,250
down €8,250 (-25.5%), from €32,372 to €24,122
mainly Investment in fixed assets (net) (-€21,852) and Tax, wage and social debts (-€4,467)
- Receivables within one year +€2,179
up €2,179 (+15.8%), from €13,777 to €15,956
of which Trade receivables: +€2,187
- Reserves +€6,040
up €6,040 (+12.2%), from €49,560 to €55,600
- Tax, wage and social debts -€4,467
down €4,467 (-64.8%), from €6,891 to €2,424
- Other debts +€3,823
up €3,823 (+27.7%), from €13,814 to €17,637
- Accrued charges and deferred income -€2,402
down €2,402 (-21.6%), from €11,136 to €8,734
- Profit (loss) carried forward +€1,901
up €1,901 (+4.6%), from -€40,983 to -€39,082
- Gross operating margin +€40,611
up €40,611, from -€21,578 to €19,033
- Depreciation -€1,587
down €1,587 (-14.8%), from €10,751 to €9,163
- Taxes +€784
up €784 (+363%), from €216 to €1,000
- Financial income -€271
down €271 (-99.7%), from €272 to €1
- Financial charges -€218
down €218 (-34.9%), from €625 to €407
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 | €63,843 | €70,607 | +€6,764 | +10.6% |
| Fixed assets | 21/28 | €16,312 | €29,001 | +€12,689 | +77.8% |
| Tangible fixed assets | 22/27 | €16,312 | €29,001 | +€12,689 | +77.8% |
| Furniture and vehicles | 24 | €5,631 | €17,857 | +€12,226 | +217% |
| Other tangible fixed assets | 26 | €10,680 | €11,143 | +€463 | +4.3% |
| Current assets | 29/58 | €47,531 | €41,606 | -€5,925 | -12.5% |
| Amounts receivable within one year | 40/41 | €13,777 | €15,956 | +€2,179 | +15.8% |
| Trade receivables | 40 | €7,985 | €10,172 | +€2,187 | +27.4% |
| Other amounts receivable | 41 | €5,792 | €5,784 | -€8 | -0.1% |
| Cash at bank and in hand | 54/58 | €32,372 | €24,122 | -€8,250 | -25.5% |
| Deferred charges and accrued income | 490/1 | €1,382 | €1,528 | +€146 | +10.6% |
| Total equity and liabilities | 10/49 | €63,843 | €70,607 | +€6,764 | +10.6% |
| Equity | 10/15 | €20,977 | €28,918 | +€7,941 | +37.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,560 | €55,600 | +€6,040 | +12.2% |
| Distributable reserves | 133 | €49,560 | €55,600 | +€6,040 | +12.2% |
| Profit (loss) carried forward | 14 | -€40,983 | -€39,082 | +€1,901 | +4.6% |
| Amounts payable | 17/49 | €42,866 | €41,689 | -€1,177 | -2.7% |
| Amounts payable within one year | 42/48 | €31,730 | €32,955 | +€1,225 | +3.9% |
| Financial debts | 43 | €2,031 | €2,882 | +€851 | +41.9% |
| Credit institutions | 430/8 | €2,031 | €2,882 | +€851 | +41.9% |
| Trade debts | 44 | €8,994 | €10,012 | +€1,018 | +11.3% |
| Suppliers | 440/4 | €8,994 | €10,012 | +€1,018 | +11.3% |
| Taxes, remuneration and social security | 45 | €6,891 | €2,424 | -€4,467 | -64.8% |
| Taxes | 450/3 | €6,891 | €2,424 | -€4,467 | -64.8% |
| Other amounts payable | 47/48 | €13,814 | €17,637 | +€3,823 | +27.7% |
| Accrued charges and deferred income | 492/3 | €11,136 | €8,734 | -€2,402 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,751 | €9,163 | -€1,587 | -14.8% |
| Other operating charges | 640/8 | €503 | €523 | +€20 | +3.9% |
| Gross operating margin | 9900 | -€21,578 | €19,033 | +€40,611 | |
| Operating profit (loss) | 9901 | -€32,831 | €9,347 | +€42,178 | |
| Financial income | 75/76B | €272 | €1 | -€271 | -99.7% |
| Recurring financial income | 75 | €272 | €1 | -€271 | -99.7% |
| Financial charges | 65/66B | €625 | €407 | -€218 | -34.9% |
| Recurring financial charges | 65 | €625 | €407 | -€218 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | -€33,184 | €8,941 | +€42,125 | |
| Income taxes | 67/77 | €216 | €1,000 | +€784 | +363% |
| Profit (loss) for the period | 9904 | -€33,400 | €7,941 | +€41,341 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,400 | €7,941 | +€41,341 |
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 27 October 2026 via checked.be.