SVE TRANS: what changed
Two fiscal 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 TRANS
Largest movements
- Cash +€89,658
up €89,658 (+228.8%), from €39,189 to €128,847
mainly Depreciation (+€67,416) and Net result for the year (+€56,656)
- Tangible fixed assets -€67,416
down €67,416 (-26.7%), from €252,644 to €185,228
of which Furniture and vehicles: -€66,122
- Receivables within one year -€12,362
down €12,362 (-18.1%), from €68,320 to €55,958
of which Trade receivables: -€7,035
- Debts after one year -€71,456
down €71,456 (-77.2%), from €92,573 to €21,116
- Profit (loss) carried forward +€56,656
up €56,656, from €0 to €56,656
- Trade debts +€35,616
up €35,616 (+157.3%), from €22,646 to €58,262
- Tax, wage and social debts +€12,011
up €12,011 (+209.1%), from €5,743 to €17,754
of which Taxes: +€12,761
- Current portion of long-term debt -€11,191
down €11,191 (-13.5%), from €82,647 to €71,456
- Gross operating margin +€40,348
up €40,348 (+36.0%), from €112,197 to €152,545
- Taxes +€7,868
up €7,868 (+108.2%), from €7,274 to €15,142
- Other operating charges +€2,976
up €2,976 (+453.1%), from €657 to €3,633
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.
Cash bridge derived
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 | €399,070 | €411,483 | +€12,413 | +3.1% |
| Fixed assets | 21/28 | €272,959 | €205,543 | -€67,416 | -24.7% |
| Tangible fixed assets | 22/27 | €252,644 | €185,228 | -€67,416 | -26.7% |
| Plant, machinery and equipment | 23 | €3,661 | €2,367 | -€1,294 | -35.3% |
| Furniture and vehicles | 24 | €248,983 | €182,861 | -€66,122 | -26.6% |
| Financial fixed assets | 28 | €20,315 | €20,315 | = | 0.0% |
| Current assets | 29/58 | €126,111 | €205,940 | +€79,829 | +63.3% |
| Amounts receivable within one year | 40/41 | €68,320 | €55,958 | -€12,362 | -18.1% |
| Trade receivables | 40 | €62,993 | €55,958 | -€7,035 | -11.2% |
| Other amounts receivable | 41 | €5,328 | €0 | -€5,328 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,189 | €128,847 | +€89,658 | +228.8% |
| Deferred charges and accrued income | 490/1 | €18,602 | €21,135 | +€2,533 | +13.6% |
| Total equity and liabilities | 10/49 | €399,070 | €411,483 | +€12,413 | +3.1% |
| Equity | 10/15 | €96,375 | €153,031 | +€56,656 | +58.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,775 | €77,775 | = | 0.0% |
| Distributable reserves | 133 | €77,775 | €77,775 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €56,656 | +€56,656 | |
| Amounts payable | 17/49 | €302,695 | €258,452 | -€44,243 | -14.6% |
| Amounts payable after more than one year | 17 | €92,573 | €21,116 | -€71,456 | -77.2% |
| Financial debts | 170/4 | €92,573 | €21,116 | -€71,456 | -77.2% |
| Amounts payable within one year | 42/48 | €205,811 | €231,809 | +€25,998 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €82,647 | €71,456 | -€11,191 | -13.5% |
| Trade debts | 44 | €22,646 | €58,262 | +€35,616 | +157.3% |
| Suppliers | 440/4 | €22,646 | €58,262 | +€35,616 | +157.3% |
| Taxes, remuneration and social security | 45 | €5,743 | €17,754 | +€12,011 | +209.1% |
| Taxes | 450/3 | €2,743 | €15,504 | +€12,761 | +465.2% |
| Remuneration and social security | 454/9 | €3,000 | €2,250 | -€750 | -25.0% |
| Other amounts payable | 47/48 | €94,775 | €84,336 | -€10,439 | -11.0% |
| Accrued charges and deferred income | 492/3 | €4,312 | €5,527 | +€1,215 | +28.2% |
| Remuneration, social security and pensions | 62 | -€60 | €0 | +€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,698 | €67,416 | -€282 | -0.4% |
| Other operating charges | 640/8 | €657 | €3,633 | +€2,976 | +453.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €112,197 | €152,545 | +€40,348 | +36.0% |
| Operating profit (loss) | 9901 | €43,902 | €81,496 | +€37,594 | +85.6% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100.0% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100.0% |
| Financial charges | 65/66B | €10,387 | €9,697 | -€689 | -6.6% |
| Recurring financial charges | 65 | €10,387 | €9,697 | -€689 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €33,520 | €71,799 | +€38,279 | +114.2% |
| Income taxes | 67/77 | €7,274 | €15,142 | +€7,868 | +108.2% |
| Profit (loss) for the period | 9904 | €26,245 | €56,656 | +€30,411 | +115.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,245 | €56,656 | +€30,411 | +115.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.