SVDM Consulting: 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.
SVDM Consulting
Largest movements
- Cash -€80,335
down €80,335 (-42.8%), from €187,594 to €107,259
mainly Contributions, distributions and other (-€280,524) and Receivables within one year (-€12,443)
- Receivables within one year +€12,443
up €12,443 (+8,435%), from €148 to €12,591
of which Trade receivables: +€12,584
- Tangible fixed assets -€2,143
down €2,143 (-17.9%), from €11,951 to €9,808
of which Furniture and vehicles: -€2,357
- Reserves -€190,333
down €190,333 (-100%), from €190,333 to €0
- Other debts +€98,628
up €98,628 (+6,285%), from €1,569 to €100,198
- Tax, wage and social debts +€21,862
up €21,862 (+638%), from €3,429 to €25,291
- Gross operating margin -€11,786
down €11,786 (-9.0%), from €131,316 to €119,530
- Taxes -€2,487
down €2,487 (-9.2%), from €27,172 to €24,685
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 | €201,922 | €131,948 | -€69,974 | -34.7% |
| Fixed assets | 21/28 | €12,251 | €10,108 | -€2,143 | -17.5% |
| Tangible fixed assets | 22/27 | €11,951 | €9,808 | -€2,143 | -17.9% |
| Plant, machinery and equipment | 23 | €3,349 | €3,563 | +€214 | +6.4% |
| Furniture and vehicles | 24 | €8,602 | €6,245 | -€2,357 | -27.4% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €189,672 | €121,841 | -€67,831 | -35.8% |
| Amounts receivable within one year | 40/41 | €148 | €12,591 | +€12,443 | +8,435% |
| Trade receivables | 40 | - | €12,584 | +€12,584 | |
| Other amounts receivable | 41 | €148 | €7 | -€141 | -95.4% |
| Cash at bank and in hand | 54/58 | €187,594 | €107,259 | -€80,335 | -42.8% |
| Deferred charges and accrued income | 490/1 | €1,930 | €1,991 | +€61 | +3.1% |
| Total equity and liabilities | 10/49 | €201,922 | €131,948 | -€69,974 | -34.7% |
| Equity | 10/15 | €195,333 | €5,000 | -€190,333 | -97.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €190,333 | €0 | -€190,333 | -100% |
| Distributable reserves | 133 | €190,333 | €0 | -€190,333 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,589 | €126,948 | +€120,360 | +1,827% |
| Amounts payable within one year | 42/48 | €6,589 | €126,948 | +€120,360 | +1,827% |
| Trade debts | 44 | €1,590 | €1,460 | -€130 | -8.2% |
| Suppliers | 440/4 | €1,590 | €1,460 | -€130 | -8.2% |
| Taxes, remuneration and social security | 45 | €3,429 | €25,291 | +€21,862 | +638% |
| Taxes | 450/3 | €3,429 | €25,291 | +€21,862 | +638% |
| Other amounts payable | 47/48 | €1,569 | €100,198 | +€98,628 | +6,285% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,165 | €3,402 | -€762 | -18.3% |
| Other operating charges | 640/8 | €262 | €281 | +€19 | +7.1% |
| Gross operating margin | 9900 | €131,316 | €119,530 | -€11,786 | -9.0% |
| Operating profit (loss) | 9901 | €126,890 | €115,847 | -€11,042 | -8.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,201 | €973 | -€228 | -19.0% |
| Recurring financial charges | 65 | €1,201 | €973 | -€228 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €125,689 | €114,876 | -€10,813 | -8.6% |
| Income taxes | 67/77 | €27,172 | €24,685 | -€2,487 | -9.2% |
| Profit (loss) for the period | 9904 | €98,517 | €90,191 | -€8,326 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €98,517 | €90,191 | -€8,326 | -8.5% |
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.