SVE CO: 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.
SVE CO
Largest movements
- Cash +€75,784
up €75,784 (+818%), from €9,265 to €85,049
mainly Current investments (+€60,038) and Net result for the year (+€34,053)
- Current investments -€60,038
no longer reported in 2025 (was €60,038)
- Receivables within one year +€14,061
up €14,061 (+208%), from €6,776 to €20,837
- Tangible fixed assets +€10,864
up €10,864 (+778%), from €1,396 to €12,260
of which Plant, machinery and equipment: +€6,166
- Reserves +€34,053
up €34,053 (+68.5%), from €49,697 to €83,749
- Tax, wage and social debts +€10,025
up €10,025 (+47.2%), from €21,225 to €31,250
- Trade debts -€2,410
down €2,410 (-78.9%), from €3,056 to €646
- Gross operating margin -€18,201
down €18,201 (-28.5%), from €63,905 to €45,704
- Taxes -€4,287
down €4,287 (-32.2%), from €13,321 to €9,034
- Financial charges +€1,370
up €1,370 (+1,085%), from €126 to €1,496
- Depreciation +€719
up €719 (+216%), from €333 to €1,051
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 | €77,567 | €118,145 | +€40,578 | +52.3% |
| Fixed assets | 21/28 | €1,396 | €12,260 | +€10,864 | +778% |
| Tangible fixed assets | 22/27 | €1,396 | €12,260 | +€10,864 | +778% |
| Plant, machinery and equipment | 23 | - | €6,166 | +€6,166 | |
| Furniture and vehicles | 24 | €1,396 | €6,093 | +€4,697 | +337% |
| Current assets | 29/58 | €76,171 | €105,886 | +€29,714 | +39.0% |
| Amounts receivable within one year | 40/41 | €6,776 | €20,837 | +€14,061 | +208% |
| Trade receivables | 40 | €6,776 | €20,837 | +€14,061 | +208% |
| Current investments | 50/53 | €60,038 | - | -€60,038 | |
| Cash at bank and in hand | 54/58 | €9,265 | €85,049 | +€75,784 | +818% |
| Deferred charges and accrued income | 490/1 | €93 | - | -€93 | |
| Total equity and liabilities | 10/49 | €77,567 | €118,145 | +€40,578 | +52.3% |
| Equity | 10/15 | €52,197 | €86,249 | +€34,053 | +65.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | - | €2,500 | +€2,500 | |
| Other | 1109/19 | - | €2,500 | +€2,500 | |
| Reserves | 13 | €49,697 | €83,749 | +€34,053 | +68.5% |
| Distributable reserves | 133 | €49,697 | €83,749 | +€34,053 | +68.5% |
| Amounts payable | 17/49 | €25,371 | €31,896 | +€6,526 | +25.7% |
| Amounts payable within one year | 42/48 | €24,281 | €31,896 | +€7,616 | +31.4% |
| Trade debts | 44 | €3,056 | €646 | -€2,410 | -78.9% |
| Suppliers | 440/4 | €3,056 | €646 | -€2,410 | -78.9% |
| Taxes, remuneration and social security | 45 | €21,225 | €31,250 | +€10,025 | +47.2% |
| Taxes | 450/3 | €21,225 | €31,250 | +€10,025 | +47.2% |
| Accrued charges and deferred income | 492/3 | €1,090 | - | -€1,090 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €1,051 | +€719 | +216% |
| Other operating charges | 640/8 | €481 | €433 | -€48 | -10.0% |
| Gross operating margin | 9900 | €63,905 | €45,704 | -€18,201 | -28.5% |
| Operating profit (loss) | 9901 | €63,091 | €44,220 | -€18,872 | -29.9% |
| Financial income | 75/76B | €53 | €363 | +€311 | +589% |
| Recurring financial income | 75 | €53 | €363 | +€311 | +589% |
| Financial charges | 65/66B | €126 | €1,496 | +€1,370 | +1,085% |
| Recurring financial charges | 65 | €126 | €1,496 | +€1,370 | +1,085% |
| Profit (loss) for the period before taxes | 9903 | €63,018 | €43,086 | -€19,931 | -31.6% |
| Income taxes | 67/77 | €13,321 | €9,034 | -€4,287 | -32.2% |
| Profit (loss) for the period | 9904 | €49,697 | €34,053 | -€15,644 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,697 | €34,053 | -€15,644 | -31.5% |
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 24 October 2026 via checked.be.